Cable Update (GBPUSD) | Page 12585 | 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)

  • #251,681
  • Sep 8, 2010 2:11pm Sep 8, 2010 2:11pm
Quoting Gleneagles
Maybe Cable will be the new safe haven currency after the collapse of the USD and the Euro...that will be on October 16 ,2017 BTW, after the 3rd revaluation of Chinese $ that replaced both the Yen and the USD in 2014
I love it!
******************* I'd rather make money than be right.
  • #251,682
  • Sep 8, 2010 2:12pm Sep 8, 2010 2:12pm
Quoting Gleneagles
Ask 6 traders and you will get 7 different opinions , ask 6 economists/strategists/bankers etc and you will get 17 different opinions

Maybe Cable will be the new safe haven currency after the collapse of the USD and the Euro...that will be on October 16 ,2017 BTW, after the 3rd revaluation of Chinese $ that replaced both the Yen and the USD in 2014
  • #251,683
  • Sep 8, 2010 2:13pm Sep 8, 2010 2:13pm
I see a 4H pin.
  • #251,684
  • Sep 8, 2010 2:16pm Sep 8, 2010 2:16pm
price is still in range. unless it closes above 490, then id say were still in range, until further notice.
  • #251,685
  • Sep 8, 2010 2:19pm Sep 8, 2010 2:19pm
hi all


nice ride did short the top flat now no break of 470 i might go west other wise east is the way for now enjoy


hope u all in green and doing great best of luck
Attached Image (click to enlarge)
Click to Enlarge Name: 1h cable.gif Size: 19 KB
  • #251,686
  • Sep 8, 2010 2:25pm Sep 8, 2010 2:25pm
Quoting kill56
hi all


nice ride did short the top flat now no break of 470 i might go west other wise east is the way for now enjoy


hope u all in green and doing great best of luck
Heya, very happy...

Just got back from function and see my three trades (2 on fibre, one on cable) is up 80 pips

Looks like fibre has broken down for sure now and will propably keep going until 2700 at least and then maybe some more...

Cable looks less sure, just trickling down, will do some more analysis and get back to you guys but seems like 5450 will be the tester...

Let's see...
@pawpaw1000 on Twitter
  • #251,687
  • Sep 8, 2010 2:30pm Sep 8, 2010 2:30pm
Quoting pawpaw1000
Heya, very happy...

Just got back from function and see my three trades (2 on fibre, one on cable) is up 80 pips

Looks like fibre has broken down for sure now and will propably keep going until 2700 at least and then maybe some more...

Cable looks less sure, just trickling down, will do some more analysis and get back to you guys but seems like 5450 will be the tester...

Let's see...

happy for u fiber is so sweet we might test the low again and cable we might go back to 5380 i might be wronge

keep the great work bro
  • #251,688
  • Sep 8, 2010 2:34pm Sep 8, 2010 2:34pm
Quoting kill56
happy for u fiber is so sweet we might test the low again and cable we might go back to 5380 i might be wronge

keep the great work bro
Thanks Kill!

I am really soo happy as even with my kneejerk trades I still seem to have sometimes, I am still up 20% on my demo after 3 weeks and 7% on live after 2 and a half weeks...

Finally turning profitable after many thousands of hours of screen time... (Ok, maybe more lik 3k, not more) still got another 7k to go before I can say I've got a degree. well, and then some more
@pawpaw1000 on Twitter
  • #251,689
  • Edited 3:03pm Sep 8, 2010 2:38pm | Edited 3:03pm
Well it's happening now (sell @ .5500), the "drop" people were waiting for let hope it clears .5400 level.

love big drops makes my liver quiver.
Our beliefs are based on logic and the pursuit of clearity.
  • #251,690
  • Sep 8, 2010 2:53pm Sep 8, 2010 2:53pm
Quoting Gbp/usd
Well it's happening now (sell @ .5500), the "drop" people were waiting for let hope it clears .5400 level.

love long drops makes my liver quiver.
Anything can happen. Would quite like to see a 38% RT of the drop from August's high first. Who knows, asia might oblige!
  • #251,691
  • Sep 8, 2010 2:53pm Sep 8, 2010 2:53pm
Quoting Gleneagles
Ask 6 traders and you will get 7 different opinions , ask 6 economists/strategists/bankers etc and you will get 17 different opinions

Maybe Cable will be the new safe haven currency after the collapse of the USD and the Euro...that will be on October 16 ,2017 BTW, after the 3rd revaluation of Chinese $ that replaced both the Yen and the USD in 2014
Well here we have a man with a clear vision
Don't be a hero. Don't have an ego. Always question yourself
  • #251,692
  • Sep 8, 2010 2:59pm Sep 8, 2010 2:59pm
Quoting bimmerbob
Anything can happen. Would quite like to see a 38% RT of the drop from August's high first. Who knows, asia might oblige!
Mate, there is absolutely NO WAY that Asia is gonna take us to 5564 (thats where I got that fib!) we will have to test lower 1st 5450 and if we are lucky 5380 - 5400 area...

Anythings Possible but that is VERY unlikely. Maybe 2moro if we get a continuation?
@pawpaw1000 on Twitter
  • #251,693
  • Sep 8, 2010 3:01pm Sep 8, 2010 3:01pm
iam short euro@2741 and still riding it ..but nt sure where to get out mt taget was yesterdays tl touch but iam gettin a lil hype nw ..any suggessions welcome

please.......




.
Quoting pawpaw1000
Heya, very happy...

Just got back from function and see my three trades (2 on fibre, one on cable) is up 80 pips

Looks like fibre has broken down for sure now and will propably keep going until 2700 at least and then maybe some more...

Cable looks less sure, just trickling down, will do some more analysis and get back to you guys but seems like 5450 will be the tester...

Let's see...
We cannot direct the winds but we can adjust our sail.
  • #251,694
  • Sep 8, 2010 3:12pm Sep 8, 2010 3:12pm
Quoting posterboy
iam short euro@2741 and still riding it ..but nt sure where to get out mt taget was yesterdays tl touch but iam gettin a lil hype nw ..any suggessions welcome

please.......




.
thats exactly between my two shorts

I don't really know mate... moving my s/l on m15 to every swing high... Know we have resistance at 2710 and then lower down not sure...

Looks like we bouncing a bit now but we will see what happens... Might make lower lows Kill thinks we might see low?
@pawpaw1000 on Twitter
  • #251,695
  • Sep 8, 2010 3:14pm Sep 8, 2010 3:14pm
Quoting pawpaw1000
Mate, there is absolutely NO WAY that Asia is gonna take us to 5564 (thats where I got that fib!) we will have to test lower 1st 5450 and if we are lucky 5380 - 5400 area...

Anythings Possible but that is VERY unlikely. Maybe 2moro if we get a continuation?
No!

We are hoping for a drop towards 1.5300, nobody expects a breach of the 1.5550
Our beliefs are based on logic and the pursuit of clearity.
  • #251,696
  • Sep 8, 2010 3:17pm Sep 8, 2010 3:17pm
Shortly fxcm has a kind of volume info in its Marketscope.
It's not real volume but number of tick changes during a period.
It could give false info because large trades and small trades are handled equally.
I've seen charts from other packages with some kind of volume info on them.
Can someone check if there is some resemblance with this tick-volume?

H1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0125.png Size: 44 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #251,697
  • Sep 8, 2010 3:19pm Sep 8, 2010 3:19pm
Quoting pawpaw1000
Mate, there is absolutely NO WAY that Asia is gonna take us to 5564 (thats where I got that fib!) we will have to test lower 1st 5450 and if we are lucky 5380 - 5400 area...

Anythings Possible but that is VERY unlikely. Maybe 2moro if we get a continuation?
I am actually flat right now. You're probably right, but we came quite close to that 38rt earlier today, so who knows!
  • #251,698
  • Sep 8, 2010 3:23pm Sep 8, 2010 3:23pm
Quoting Gbp/usd
No!

We are hoping for a drop towards 1.5300, nobody expects a breach of the 1.5550
Not meaning to be cynical, but sometimes "they" will piss the public off by breaching the obvious, if you get my gist.
  • #251,699
  • Sep 8, 2010 3:36pm Sep 8, 2010 3:36pm
Quoting bimmerbob
Not meaning to be cynical, but sometimes "they" will piss the public off by breaching the obvious, if you get my gist.
this is my very FIRST post..
just wanna say "YES, WE WILL DO."
bought huge EU GBP AU 6 hours ago, although a little bit high, actually higher than current price, still cannot get to sleep..
  • #251,700
  • Sep 8, 2010 3:57pm Sep 8, 2010 3:57pm
Quoting avalonyu
this is my very FIRST post..
just wanna say "YES, WE WILL DO."
bought huge EU GBP AU 6 hours ago, although a little bit high, actually higher than current price, still cannot get to sleep..
So what are your reasons for buying? Maybe that way we can help you...

Thinking you are new at this and see a up move in eu and gbp with a little retrace and think "Now is the time to buy!" ?

Stop loss is where? Take profit? These are all things you need to think of before entering a trade...
@pawpaw1000 on Twitter
251 traders viewing now, 6 are registered:
,
Meer-Shayhak
,
Ahsan
,
bolivarfx
,
CPUmice
,
saidi01