Cable Update (GBPUSD) | Page 12858 | 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)

  • #257,141
  • Sep 29, 2010 10:03pm Sep 29, 2010 10:03pm
Bearish bat @ 15860 also a popular resistance recently, unless the news propels it through.
  • #257,142
  • Sep 29, 2010 10:11pm Sep 29, 2010 10:11pm
http://www.forexfactory.com/showpost...&postcount=682

Quoting trending
Bearish bat @ 15860 also a popular resistance recently, unless the news propels it through.
not euphoria follower
  • #257,143
  • Sep 29, 2010 10:26pm Sep 29, 2010 10:26pm
"Diamond patterns usually form over several months in very active markets."

Quoting Geppy


Implication

A Continuation Diamond (Bullish) is considered a bullish signal, indicating that the current uptrend may continue.

Description

Diamond patterns usually form over several months in very active markets. Volume will remain high during the formation of this pattern. The Continuation Diamond (Bullish) pattern forms because prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. The technical event occurs when prices...
  • #257,144
  • Sep 29, 2010 10:33pm Sep 29, 2010 10:33pm
Quoting avalonyu
"Diamond patterns usually form over several months in very active markets."
Yeah, bud... but usually any standard technical analysis you find is in reference to equities. FX is like the equity markets on steroids. Things happen much faster not just because of the added volatility, but also because it's open 24 hours. So... a few months in equities could be like a few weeks in FX.
check out my blog: forexmademillionaire dot com
  • #257,145
  • Sep 29, 2010 10:34pm Sep 29, 2010 10:34pm
Dull and boring market playing in kind of a shitty range. I been away for a couple days and kinda hoped to have something worth looking at or playing...but until we break this here wedge, I think I might just scalp the ranges and wait for a better ride.
Attached Image (click to enlarge)
Click to Enlarge Name: shitty.jpg Size: 45 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #257,146
  • Sep 29, 2010 10:55pm Sep 29, 2010 10:55pm
A bright and sunny morning here, without too many clouds in the sky........

Looking forward to hopefully a more exciting trading day today than yesterday.

Hopefully the end of month 'sell offs' will help
  • #257,147
  • Sep 29, 2010 10:58pm Sep 29, 2010 10:58pm
Hopefully we will see some firework or will she bounce around somemore.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 111 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #257,148
  • Sep 29, 2010 11:03pm Sep 29, 2010 11:03pm
7:00am GBP Nationwide HPI m/m
http://cdn.forexfactory.com/images/m...etail_star.gif http://cdn.forexfactory.com/images/misc/progress.gif0.1%http://cdn.forexfactory.com/images/m...ol_refresh.gif -0.3% -0.9%
http://cdn.forexfactory.com/images/misc/viewchart.gif
  • #257,149
  • Sep 29, 2010 11:23pm Sep 29, 2010 11:23pm
shorting for 50pips, trailing other entries until my region is touched
  • #257,150
  • Sep 29, 2010 11:27pm Sep 29, 2010 11:27pm
for short trader.... becarefull...

for buy trader .... just prepare to buy or add more buy ...

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=682

Quoting fendi
shorting for 50pips, trailing other entries until my region is touched
not euphoria follower
  • #257,151
  • Sep 29, 2010 11:33pm Sep 29, 2010 11:33pm
Quoting wormboy
another day passes .. still consolidating. Overall still bullish till 970 test as the monthly supp/res level is being a rock.
Good luck.
also keep an eye on the D1, a bit early to say however pa has all the characteristics of a rising three in the making. A bullish close today will confirm it.
Let's see how this goes. good luck to all.
Attached Image (click to enlarge)
Click to Enlarge Name: gud.gif Size: 190 KB
Thank You
  • #257,152
  • Sep 29, 2010 11:37pm Sep 29, 2010 11:37pm
Quoting iqyu5an
for short trader.... becarefull...

for buy trader .... just prepare to buy or add more buy ...

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=682
I think both better to wait.
Other MPC member speak in 22 minutes.
Remember Posen last Tuesday
  • #257,153
  • Sep 29, 2010 11:37pm Sep 29, 2010 11:37pm
Quoting wormboy
also keep an eye on the D1, a bit early to say however pa has all the characteristics of a rising three in the making. A bullish close today will confirm it.
Let's see how this goes. good luck to all.
wormie diamond complete a breakout of this formation should lead the way..i'll b damn it actually respected it
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 102 KB
  • #257,154
  • Sep 29, 2010 11:39pm Sep 29, 2010 11:39pm
Morning All
Happy new day to All

Trade safe
  • #257,155
  • Sep 29, 2010 11:42pm Sep 29, 2010 11:42pm
Quoting fendi
trailing other entries until my region is touched
  • #257,156
  • Sep 29, 2010 11:42pm Sep 29, 2010 11:42pm
Maybe we already kind of broke out to the upside???? Im all in
Attached Image (click to enlarge)
Click to Enlarge Name: diamond.jpg Size: 165 KB
  • #257,157
  • Sep 29, 2010 11:44pm Sep 29, 2010 11:44pm
if i am mistaken, then my theory failed, but i have regions of 1.5772 and possibly r1 1.5738 to reach........ though the major trend is long, immediate areas have to be breached b4 i jet for long. I would be careful thanks.

Watching closely

Quoting iqyu5an
for short trader.... becarefull...

for buy trader .... just prepare to buy or add more buy ...

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=682
  • #257,158
  • Sep 29, 2010 11:46pm Sep 29, 2010 11:46pm
same chart... waiting... but again, cable likes 1st BO false...
because of the end of the month I am expecting down move to retest the 1,56 area, but anyway will do what is on the chart...

house price index dont do anythink, it respect triangle maybe waiting for london`s open, but 1,59 was strongly refused, and this consolidation will make a big move either up or down....

Quoting Bull_Bear
Hopefully we will see some firework or will she bounce around somemore.
  • #257,159
  • Sep 29, 2010 11:47pm Sep 29, 2010 11:47pm
closing my long for 40 waiting for pullback
  • #257,160
  • Sep 29, 2010 11:54pm Sep 29, 2010 11:54pm
long again 15830
434 traders viewing now, 1 is registered:
CPUmice