Cable Update (GBPUSD) | Page 12737 | 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)

  • #254,721
  • Sep 21, 2010 8:52am Sep 21, 2010 8:52am
Quoting Alexbabwa
Wormie i would also be very interested to read your success story and the obstacles overcome. Could you possibly post a link to it? i would search myself but you have made well over 12,000 posts :|
I've got nothing spectacular to tell alex, however I'll put in the details over the weekend in my thread.

One thing to remember & I swear by it is to focus on properly managing risk. People emphasize too much on technical and they forget what really matters. Don't buy into those 100% account increase a week. They're all bullshit. Those type of increment are only easy when trading minute amount. When trading from a larger balance it's all totally different. The mindset changes, it's unavoidable.
I know there are stories about people who turn over high percentages week in week out from large balances, but so far they're all just stories. Believe it only when you see it done progressively with your own eyes by anyone claiming it. Set a modest target and just trade slowly, you'll get there

Have a good one
Thank You
  • #254,722
  • Sep 21, 2010 8:53am Sep 21, 2010 8:53am
Quoting Dayboy001
Long on the break @ 1.5556
Bearish gartley just formed.
  • #254,723
  • Sep 21, 2010 8:56am Sep 21, 2010 8:56am
Quoting trending
Bearish gartley just formed.
This is the best post I have seen all day..lol..Seriously! It was a heads up everyone!! If you are long, take notice...there is a bearish Gartley.
  • #254,724
  • Sep 21, 2010 8:56am Sep 21, 2010 8:56am
Quoting Bull_Bear
Just kicking about bro.

Making some BEER MONEY TM but the mrs spending more than i can drink.. LOL

I'm taking her long now mate, where u got her going?
lol

I bought as well bro after clearing shorts earlier. I'll probably take some off @5588 depending
Thank You
  • #254,725
  • Sep 21, 2010 8:58am Sep 21, 2010 8:58am
Quoting PipChick
This is the best post I have seen all day..lol..Seriously! It was a heads up everyone!! If you are long, take notice...there is a bearish Gartley.
Nobody beats pipstunner today, seriously.
  • #254,726
  • Sep 21, 2010 8:59am Sep 21, 2010 8:59am
Quoting trending
Bearish gartley just formed.

If I knew what it meant it might encourage / deter me, but as I have NO CLUE and only trade breakouts I will have to ignore it.

No offence intended

by all means post a chart displaying the info and how you expect it to play out.
  • #254,727
  • Sep 21, 2010 9:04am Sep 21, 2010 9:04am
Quoting trending
Bearish gartley just formed.
Nice looking 15m bar bouncing off weekly pivot as well.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 18 KB
Are you treadstone?
  • #254,728
  • Sep 21, 2010 9:05am Sep 21, 2010 9:05am
Quoting trending
Bearish gartley just formed.
The bearish Gartlery formed on the most recent 78.6 fib of the last leg down (15 min chart) and has bearish Hidden Divergence. This usually indicates a down move with all three elements but...Im not trusting the charts too much today, they seem conflicting to me on the larger TF's but this is a typical set up I would normally trade. ( I will sit out of the mkt today.)
Attached Image (click to enlarge)
Click to Enlarge Name: GU M15.gif Size: 23 KB
  • #254,729
  • Sep 21, 2010 9:07am Sep 21, 2010 9:07am
Quoting Dayboy001
If I knew what it meant it might encourage / deter me, but as I have NO CLUE and only trade breakouts I will have to ignore it.

No offence intended

by all means post a chart displaying the info and how you expect it to play out.
These are technical stuff, quite straight forward, just google it.
  • #254,730
  • Sep 21, 2010 9:07am Sep 21, 2010 9:07am
Quoting posterboy
How r u ? just back to trading took a short below m5 200 ema early morning and closed out at 5520... and still confused with direction..please post a chart maybe i may see better in ur charts for direction better drawn tl
i'm fine posterboy. hope you are well.

Welp, depending on what tf you're looking at, but on the m5 which you are currently looking at the direction is clearly up. We've had 2 breakouts since the last drop which bounced off daily support.
Currently price is above the monthly pvp and if price can stay above subltl1, the immediate target will be the dp @5588. No shorts atm.

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu5.gif Size: 25 KB
Thank You
  • #254,731
  • Sep 21, 2010 9:10am Sep 21, 2010 9:10am
Quoting PipChick
The bearish Gartlery formed on the most recent 78.6 fib of the last leg down (15 min chart) and has bearish Hidden Divergence. This usually indicates a down move with all three elements but...Im not trusting the charts too much today, they seem conflicting to me on the larger TF's but this is a typical set up I would normally trade. ( I will sit out of the mkt today.)
Thank you
  • #254,732
  • Sep 21, 2010 9:15am Sep 21, 2010 9:15am
Quoting Jason Bourne
Nice looking 15m bar bouncing off weekly pivot as well.

Attachment

There's a bigger one on the H4, except it's on the opposite side.
Just a heads up. Good luck with your trades.
Attached Image (click to enlarge)
Click to Enlarge Name: guh4.gif Size: 24 KB
Thank You
  • #254,733
  • Sep 21, 2010 9:18am Sep 21, 2010 9:18am
Quoting trending
Nobody beats pipstunner today, seriously.
From Homo Sapiens to Homo Stupidens. We're making progress surely
Just finished wife's assignment, I'm free once more to contribute and join the Homo fights. No more war is not a good slogan, war keeps us warm all the time.

P
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #254,734
  • Sep 21, 2010 9:23am Sep 21, 2010 9:23am
great day today....I'm only new on this thread but appreciating the great advice...did get out of my long on the Bearish Gartley heads up-thanks guys
  • #254,735
  • Sep 21, 2010 9:36am Sep 21, 2010 9:36am
Hi BBMAC and Trending

Re your channel chart Trending I'm slightly confused.When I look at 1 HR TF all the points on the channel are identified as Fractal by MT4.

So perhaps BBMAC I'm missing something here.

Also at 290 pips thats a fair size channel !

V
  • #254,736
  • Sep 21, 2010 9:38am Sep 21, 2010 9:38am
Hi,
Took a sell at 66. The attempted break out was very much anticipated. I believe news will give a us a spike down to as far as 54.7X. I have placed a buy order at 54.78. Hoping it works out.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.GIF Size: 20 KB
  • #254,737
  • Sep 21, 2010 9:43am Sep 21, 2010 9:43am
Whatever we think the bears have it. Price was vehemently rejected around 1.5571 (shown on my H4) and has failed to retest that area but is trading below 1.5561 which is my 38.2% as shown in my chart. On my zoomed out M15 price tested moving average in Aqua color and was rejected, which was 50% of 3-day move (inclusive). Here's the decision of the Senate. . . The Bears have it!
P
Attached Images
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #254,738
  • Sep 21, 2010 9:52am Sep 21, 2010 9:52am
KISS
Attached Image (click to enlarge)
Click to Enlarge Name: GU-H4.JPG Size: 179 KB
  • #254,739
  • Sep 21, 2010 10:08am Sep 21, 2010 10:08am
going short@15550-dont think we will top 15570 today and price still safely under 200ema 15m
  • #254,740
  • Sep 21, 2010 10:17am Sep 21, 2010 10:17am
Quoting grashid
KISS
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 26 KB
Verily, in every difficulties there is relief
384 traders viewing now