Cable Update (GBPUSD) | Page 12525 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #250,481
  • Sep 2, 2010 4:57am Sep 2, 2010 4:57am
Quoting Bull_Bear
Yo tradies whats happening

Good to be back
Hi, welcome back bro..
  • #250,482
  • Sep 2, 2010 4:58am Sep 2, 2010 4:58am
Quoting wormboy
with the current pa, if you flip to the m5 there's much to be made in those mini trends, but if you're trading off the H4 or higher patience is the name of the game.
Being flat is also a position. No shame in playing it safe.

good luck to you
Thanks!
@pawpaw1000 on Twitter
  • #250,483
  • Sep 2, 2010 4:58am Sep 2, 2010 4:58am
1hr tweezer bottom looking like a bullish PA formation 3rd test of those 5370/75 bids with 76.4% of yesterday's lo-hi...Wonder wether any of those on a 1hr trigger traders will be acting at this 1hr candle's close?

G/L
Attached Image
ex member
  • #250,484
  • Sep 2, 2010 5:01am Sep 2, 2010 5:01am
Quoting Delite
Hidden divergence on the 5 minute at the point of the 38.2 fib retrace from this morning's drop. Time for a quick short?
But it seems to be +RD. so take long.
  • #250,485
  • Sep 2, 2010 5:02am Sep 2, 2010 5:02am
Quoting LostMyShirt
Thank you. I do not use any indy or Pivot points or trend lines.. All i do is look at the chart and the market depth screen, similar to level II screen (provided by Mb Trading), to find strength and weakness... I am seeing a bullish Price action in this pair starting from yesterday. I might be wrong...
Which MBT platform are you using to get that market depth?
******************* I'd rather make money than be right.
  • #250,486
  • Sep 2, 2010 5:04am Sep 2, 2010 5:04am
Quoting uptrendup
But it seems to be +RD. so take long.
Thank you - I actually corrected my last post before I saw yours! G/L
  • #250,487
  • Sep 2, 2010 5:11am Sep 2, 2010 5:11am
Bulls and Bears are fighting right now and i wld rather go for the bears... but it rather looks like a late entry to me..

Attached Image (click to enlarge)
Click to Enlarge Name: fx581.gif Size: 71 KB
  • #250,488
  • Sep 2, 2010 5:16am Sep 2, 2010 5:16am
Here's the first trade..

sell 1.5395.. SL 1.5500.. TP 1.5190
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 138 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #250,489
  • Sep 2, 2010 5:20am Sep 2, 2010 5:20am
Quoting 4xStar
Which MBT platform are you using to get that market depth?
They released two three versions in the past month.. Right now i am using MBT Navigator Pro Build 1.1.0.14
  • #250,490
  • Sep 2, 2010 5:30am Sep 2, 2010 5:30am
Quoting Bull_Bear
Here's the first trade..

sell 1.5395.. SL 1.5500.. TP 1.5190

No point to sell
  • #250,491
  • Sep 2, 2010 5:33am Sep 2, 2010 5:33am
Quoting dil
No point to sell
ok and your point is?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #250,492
  • Sep 2, 2010 5:36am Sep 2, 2010 5:36am
Quoting Precap2
I think the euro is enjoying the dividends of good rhetoric for now, I hope it all translate to lasting actions. But truth be told, on long term I don't see how the common currency would survive onslaught of budget deficits and debt burdens that are coming. Only Germany can't hold it from crashing, more hands needed. . . Spain?
Absolutely agree. Not sure Spain is going to be much help - is it not a sign of desperate measures to be buying your own bonds with your social security fund?
"Sell? Sell? No! I can't Sell! I'll Sell When I'm Dead"
  • #250,493
  • Sep 2, 2010 5:39am Sep 2, 2010 5:39am
Quoting Piotr1
It may be coincidence but every time you placing your order I am also placing mine… in opposite direction.
You should both cut your brokers out of it, get a better price by calling each other to arrange your trades. Settle up at the end of the week, ok?
"Sell? Sell? No! I can't Sell! I'll Sell When I'm Dead"
  • #250,494
  • Sep 2, 2010 5:39am Sep 2, 2010 5:39am
Quoting Bull_Bear
ok and your point is?
All those 3 candles bounced from 1.5372 3 times .. and the new one are higher that those previous no point to sell man....
  • #250,495
  • Sep 2, 2010 5:41am Sep 2, 2010 5:41am
Quoting dil
No point to sell
Was it u who turned usd500 into usd5000 or I am mistaken
  • #250,496
  • Sep 2, 2010 5:43am Sep 2, 2010 5:43am
Quoting autopips
You should both cut your brokers out of it, get a better price by calling each other to arrange your trades. Settle up at the end of the week, ok?
Ok Tough guy
  • #250,497
  • Sep 2, 2010 5:45am Sep 2, 2010 5:45am
Quoting meromar
Was it u who turned usd500 into usd5000 or I am mistaken
maybe had only 1 trade for today ..
Attached Image (click to enlarge)
Click to Enlarge Name: mhm_222.gif Size: 88 KB
  • #250,498
  • Sep 2, 2010 5:46am Sep 2, 2010 5:46am
It was a good call, I can rate it patience = good result... Will wait and see for the next entry signal; should it still below the said line, I'll go another short; otherwise, flat on the market. Why? Because it is still very scary for me to suddenly go long after a week of bears...

Happy trading all..

Quoting HowieTrader
That's it.. It still closed below the 200EMA line in my 4H TF chart, a sign of good short IMO... Will look for entry signal for short..
Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 28 KB
  • #250,499
  • Sep 2, 2010 5:51am Sep 2, 2010 5:51am
Quoting autopips
You should both cut your brokers out of it, get a better price by calling each other to arrange your trades. Settle up at the end of the week, ok?
Take it easy…adviser. My strategy tells me sell, his strategy -- tells him to buy. It just happened that we have a different view at the same market condition. More over I am going for 20 pips, hi probably wants to get more if hi is looking on a higher timeframe (may be). Ii is always good to see funny side of the things.
  • #250,500
  • Sep 2, 2010 5:53am Sep 2, 2010 5:53am
Quoting dil
All those 3 candles bounced from 1.5372 3 times .. and the new one are higher that those previous no point to sell man....
Right, what else are u seeing?
Veni, Vidi, Vici (We came, we saw, we conquered)
361 traders viewing now