Cable Update (GBPUSD) | Page 13049 | 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)

  • #260,961
  • Oct 19, 2010 2:05am Oct 19, 2010 2:05am
Quoting fendi
to where? not now not even in 24hrs time..............
Quoting wormboy
your loss. good luck buying those imaginary dips.
you were warned. and it's not even 24 hours
Thank You
  • #260,962
  • Oct 19, 2010 2:06am Oct 19, 2010 2:06am
Wonderful to get a nice 46+ on Frankie..............against the first trade of the day of -28 Not enough tea in the system first thing in the morning I suspect!!!!!!!!!!
  • #260,963
  • Oct 19, 2010 2:09am Oct 19, 2010 2:09am
I started to go long @ 15825 nearing bottom of channel on 15m which is also round number psyche level 15800....GL mofos
  • #260,964
  • Oct 19, 2010 2:11am Oct 19, 2010 2:11am
nice one
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 38 KB
  • #260,965
  • Oct 19, 2010 2:14am Oct 19, 2010 2:14am
hw do i explain this, yesterday we had a retracement which didnt confirm much strength to te upside, tough i am in short i would closein the next 1h close. I do not have clearance for sorting long term, so i still play the entry rule as it come's, trading 4hr & 1hr while the bgger pictur daily hasnt changed much.



Quoting wormboy
you were warned. and it's not even 24 hours
  • #260,966
  • Oct 19, 2010 2:15am Oct 19, 2010 2:15am
Quoting chazzle
I started to go long @ 15825 nearing bottom of channel on 15m which is also round number psyche level 15800....GL mofos
chaz, we just broke out & the nearest supports are about 30 pips lower. What's the rush mate
Attached Image (click to enlarge)
Click to Enlarge Name: 4.gif Size: 197 KB
Thank You
  • #260,967
  • Oct 19, 2010 2:16am Oct 19, 2010 2:16am
....the pullback from the previous 1hr/4hr swing lo zone marked as point a below finds supply at the previous 1hr swing lo x 2 zone (= potential sbr) and price se4lls down to a new lo below yesterday's lo now around the 38.2% 5347-6107 (not shown on 1hr screenshot below) and Daily S1 pivot.

Bearish swntiment so far late asian through to early london...1hr re-establishing it's downtrend, 4hr too now printing a L below last HL, a LH and a LL.

Are things turning bearish off the 6107 Hi or just an extended pullback in the daily uptrend ??

G/L

http://www.easy-upload.net/fichiers/z.2010101991457.gif
ex member
  • #260,968
  • Oct 19, 2010 2:18am Oct 19, 2010 2:18am
Quoting fendi
I do not have clearance for sorting long term, so i still play the entry rule as it come's, trading 4hr & 1hr while the bgger pictur daily hasnt changed much.
you do now.
this daily was posted earlier
Attached Image (click to enlarge)
Click to Enlarge Name: d.gif Size: 26 KB
Thank You
  • #260,969
  • Oct 19, 2010 2:19am Oct 19, 2010 2:19am
this is what the daily looks like now
Attached Image (click to enlarge)
Click to Enlarge Name: d1.gif Size: 26 KB
Thank You
  • #260,970
  • Oct 19, 2010 2:20am Oct 19, 2010 2:20am
pretty sure with that formation in mind we're gonna print a lot closer to the monthly pvp in the coming days and test it.

Good luck
Thank You
  • #260,971
  • Oct 19, 2010 2:27am Oct 19, 2010 2:27am
Quoting wormboy
pretty sure with that formation in mind we're gonna print a lot closer to the monthly pvp in the coming days and test it.

Good luck

Hi WM, I got that Monthlypivot around 5643 in a cluster of potential support factors 5645-38 being the monthly pivot surrounded on either side by 76.4% 5503-6107 and below it 61.8% 5347-6107.

G/L
ex member
  • #260,972
  • Oct 19, 2010 2:28am Oct 19, 2010 2:28am
Quoting wormboy
chaz, we just broke out & the nearest supports are about 30 pips lower. What's the rush mate
Thanks WB - I am scaling in gradually...looking for high 15800s....dealing from phone because main platform down so haven't seen chart yet-support 15800 and 15760...can someone confirm-I must have had these levels in my brain for some reason...
  • #260,973
  • Oct 19, 2010 2:34am Oct 19, 2010 2:34am
Quoting chazzle
Thanks WB - I am scaling in gradually...looking for high 15800s....dealing from phone because main platform down so haven't seen chart yet-support 15800 and 15760...can someone confirm-I must have had these levels in my brain for some reason...
5805-95 is 50% 5503-6107 with 38.2% 5296-6107, and yeh that 5760 falls in a previous 1hr/4hr/daily swing lo zone, so yeh all potential support. factors. For me though I don't act at potential anythijng till I see price action around it and whether in thius case I have one of my repeating counter trend set-ups .

G/L though.
ex member
  • #260,974
  • Oct 19, 2010 2:39am Oct 19, 2010 2:39am
Thanks BB
  • #260,975
  • Oct 19, 2010 2:42am Oct 19, 2010 2:42am
Quoting bbmac
For me though I don't act at potential anythijng till I see price action around it and ...
that's the right way to get it done.

re your potential supp @ the monthly pvp. I have also marked it down as the W1 23.6% fib (15th May low @4222 - 10th Oct hi @6105). Thought you'd be interested.


I'm outta here. Have a good one mac.
Thank You
  • #260,976
  • Edited 3:34am Oct 19, 2010 2:47am | Edited 3:34am
Quoting AdrianHNV
Good morning folks

Looks like were going to have another fine pipping day today.

Up down sideways who cares as long as Cable moves........ and we all get some positive pips
closed my shorts this thing is going to give both of us a MIGRANE ! BULLS OR BEARS, I think we are going back up. It changes like the weather but its starting to take form. We have just completed wave 1 of the retracement & now we are starting wave 2 up, it should come in 3 waves & reach 160 area. Good luck. I meant to say 159 not 160 I am a seller at 159
  • #260,977
  • Oct 19, 2010 2:52am Oct 19, 2010 2:52am
ok-I close for 22 bit of resistance 15m....looking for long again if it goes lower...
  • #260,978
  • Oct 19, 2010 2:54am Oct 19, 2010 2:54am
Quoting Allseeingeye
closed my shorts this thing is going to give both of us a MIGRANE ! BULLS OR BEARS, I think we are going back up. It changes like the weather but its starting to take form. We have just completed wave 1 of the retracement & now we are starting wave 2 up, it should come in 3 waves & reach 160 area. Good luck.
Watch the buying on H1, seems it doesn't want to close less than yesterdays lows.

I will short it but price is not yet right

buying dips is securing the green for now
Mind over matter..I don't mind and you don't matter.
  • #260,979
  • Oct 19, 2010 2:58am Oct 19, 2010 2:58am
Quoting wormboy
that's the right way to get it done.

re your potential supp @ the monthly pvp. I have also marked it down as the W1 23.6% fib (15th May low @4222 - 10th Oct hi @6105). Thought you'd be interested.


I'm outta here. Have a good one mac.

Thanks WM, have a good one ( I have that 23.6% @ 5667 area)
-------------------------------------

This is what 4hr is looking like atm in respect of potential sup/res/sbr factors on that t/f. It has breeched it's ascending channel trend kline to downside...under here another potential ascending trend line support on this t/f and the longer term daily ascending trend line today comes through around 5695.

G/L
http://www.easy-upload.net/fichiers/z.2010101995254.gif
ex member
  • #260,980
  • Oct 19, 2010 3:08am Oct 19, 2010 3:08am
ok going short around 15860 area 20sma M15 and good resistance...looking for a retest of the day low
146 traders viewing now