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Cable Update (GBPUSD)

  • #258,081
  • Oct 3, 2010 3:54pm Oct 3, 2010 3:54pm
Quoting USD-Bear
Where do you trade at this hour?
Same place I trade every hour-London
  • #258,082
  • Oct 3, 2010 3:57pm Oct 3, 2010 3:57pm
Quoting chazzle
Same place I trade every hour-London
funny guy
Don't be a hero. Don't have an ego. Always question yourself
  • #258,083
  • Oct 3, 2010 4:11pm Oct 3, 2010 4:11pm
closed@20 pips
  • #258,084
  • Oct 3, 2010 4:16pm Oct 3, 2010 4:16pm
Quoting chazzle
closed@20 pips

Do you trade with IG?
Enter Signature
  • #258,085
  • Oct 3, 2010 4:18pm Oct 3, 2010 4:18pm
Quoting darrenware
Do you trade with IG?
yes I do
  • #258,086
  • Oct 3, 2010 4:20pm Oct 3, 2010 4:20pm
Quoting chazzle
yes I do

Thought so they start earlier than mine (Alpari UK)
Enter Signature
  • #258,087
  • Oct 3, 2010 4:24pm Oct 3, 2010 4:24pm
Quoting chazzle
I bet they never hold it in Wales again,lol
It is in Scotland in 4 years time. Due to the Fedex Cup, the Ryder Cup has now been pushed out to the beginning of October, which does mean more chance of bad weather at that time of year!

I have played Celtic Manor and it is an awesome course, apart from the par 3 13th where I put it in the water thrice before I hit the green

I also never took the shortcut by driving the green like these guys do on the par 4 15th and I went the long way round the dogleg right. The 18th is something else! I definitely recommend it for any golfers to play it!
  • #258,088
  • Oct 3, 2010 4:28pm Oct 3, 2010 4:28pm
I've chanced a short here 15808-gap almost closed,only one candle closed below 15808 on friday NY session and that was 15807.9 (15m).Caution though,tight stop-4h still says uptrend

edit sorry-wrong info
  • #258,089
  • Oct 3, 2010 4:36pm Oct 3, 2010 4:36pm
not worth trading at the moment. only 13 pip range.
  • #258,090
  • Oct 3, 2010 4:56pm Oct 3, 2010 4:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 113 KB




Red
  • #258,091
  • Oct 3, 2010 5:00pm Oct 3, 2010 5:00pm
Quoting chazzle
I've chanced a short here 15808
closed@breakeven-not much follow through
  • #258,092
  • Oct 3, 2010 5:15pm Oct 3, 2010 5:15pm
I like this words I have read it @ one of posts on FF
"Look at what has changed To change your view"
  • #258,093
  • Oct 3, 2010 5:17pm Oct 3, 2010 5:17pm
w1 pvp is @5807 & the dp is @5802. No shorts unless these two gets invalidated imo.

good luck.
Thank You
  • #258,094
  • Oct 3, 2010 5:31pm Oct 3, 2010 5:31pm
wait n see...
  • #258,095
  • Oct 3, 2010 5:37pm Oct 3, 2010 5:37pm
GU possibilities:
May test the NL first and pull back a little before further incline.
Below "C" and shorts may be in play because of the bearish Hidden Divergence on the h1 chart. Longs should have stops just below C and stops should be moved to BE soon.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.gif Size: 21 KB
  • #258,096
  • Oct 3, 2010 5:38pm Oct 3, 2010 5:38pm
Morning and Night all.....

Imo...long : http://www.forexfactory.com/showpost...&postcount=703

But time will tell .....

Happy trading....

Rgds,Iqui
not euphoria follower
  • #258,097
  • Oct 3, 2010 5:48pm Oct 3, 2010 5:48pm
Quoting PipChick
GU possibilities:
May test the NL first and pull back a little before further incline.
Below "C" and shorts may be in play because of the bearish Hidden Divergence on the h1 chart. Longs should have stops just below C and stops should be moved to BE soon.
Like your chart exactly as mine on 15min TF
My decision : IF my Sunday candle close above NL i will let my long positions open and will check tomorrow @ us session when i back from my work where r we.
  • #258,098
  • Oct 3, 2010 5:50pm Oct 3, 2010 5:50pm
Why call the GBP "Cable"
  • #258,099
  • Oct 3, 2010 5:54pm Oct 3, 2010 5:54pm
Quoting egkid
Like your chart exactly as mine on 15min TF
My decision : IF my Sunday candle close above NL i will let my long positions open and will check tomorrow @ us session when i back from my work where r we.
Even if price closes the Sunday candle above the NL, there is a good possibility the inverse wont play out because of the bearish hidden divergence on the h1. It may be risky to enter a trade and walk away tonight.
  • #258,100
  • Edited 6:08pm Oct 3, 2010 5:54pm | Edited 6:08pm
Quoting CaveatEmptor
Why call the GBP "Cable"
Here's why...
http://en.wikipedia.org/wiki/Pound_sterling


edited - doh didn't realise it was a big read lol.

Here's a better page ...
http://www.investopedia.com/terms/c/cable.asp
You've got to be IN IT to WIN IT!
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