Cable Update (GBPUSD) | Page 13117 | 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)

  • #262,321
  • Oct 29, 2010 3:16am Oct 29, 2010 3:16am
Quoting bbakker
1.5792 is my target for today! I could be wrong of course
1.5810 is the more realistic target... but again, I could be wrong again... lol
Hi, i'm with you
After this USDX weekly pivot give way then down..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx-1.gif Size: 13 KB
  • #262,322
  • Oct 29, 2010 3:16am Oct 29, 2010 3:16am
Quoting bbakker
You know me Kill... I am always doing great. Well apart from cracking a rib two weeks ago and then writing off my car 2 days ago, I am wondering what the 3rd thing will be... lol

Still, in the Life of Brian, "Always look on the bright side of Life"

How's the little one doing?
sorry about the rib and the car the 3 will be a lot of green pips i hope , all great in here little kill is doing great breaking every darn thing in his way
  • #262,323
  • Edited 3:20am Oct 29, 2010 3:17am | Edited 3:20am
[quote=NoahEffect[/quote]

Read the Qian and Rasheed paper, thanks for the reference.

Now, how do I calculate the Hurst exponent, please?
  • #262,324
  • Oct 29, 2010 3:17am Oct 29, 2010 3:17am
Quoting 50d
bearish till all them single prints from yesterday are filled @ 5830ish.
we wait n see...

Morning.

Could you explain what this actually means?


Thanks!
  • #262,325
  • Oct 29, 2010 3:19am Oct 29, 2010 3:19am
Quoting Pipwanderer
i dont rely on indicators so much..they work whenever they want to ...hehe does it work for you always
I only use indicators for confluence and then I just use the CCI. I have never been a fan of indicators. PA based on supply and demand is my main indicator.
  • #262,326
  • Oct 29, 2010 3:20am Oct 29, 2010 3:20am
Quoting Delite
Morning.

Could you explain what this actually means?


Thanks!
Hi-Delite;
Its a terminology used in market profile to analyze the markets.
  • #262,327
  • Edited 3:25am Oct 29, 2010 3:24am | Edited 3:25am
Quoting 50d
Hi-Delite;
Its a terminology used in market profile to analyze the markets.

Yes, I get that! But what you are saying is that you expect the market to retrace to the 830's - why?
  • #262,328
  • Oct 29, 2010 3:24am Oct 29, 2010 3:24am
Quoting kill56
sorry about the rib and the car the 3 will be a lot of green pips i hope , all great in here little kill is doing great breaking every darn thing in his way
No worries. I needed a new car and I have plenty of spare ribs... lol

So I am working from home at the moment *cough* *cough*. Work are very cool with it all.

Baby proofing the house is never easy. Luckily my two (2 and 4) are past that stage, but instead the place is littered with bloody toys everywhere, even though they have their own play room. It is like walking in a minefield... Shoes are a must... lol
  • #262,329
  • Oct 29, 2010 3:30am Oct 29, 2010 3:30am
in the absence of reliable volume or market depth info in this, an otc non-exchange traded market, the confluence of repeating patterns comprised of changes in price momentum and changes in volatility as measured by standard deviation is what my indicators tell me about price...added to certain fractal geometric patterns and then a price action trigger, @ pre-identified potential supp/res/sbr/rbs and I have an edge.

Sometimes indicators are a valuable addition to confluence...particularly on the lower t/f's...the question is are indicators you use telling you something about price that price alone cannot ?...if they are, they are useful...it is just too simplistic and niaive to dis indicators out of hand.

G/L
ex member
  • #262,330
  • Oct 29, 2010 3:30am Oct 29, 2010 3:30am
Quoting kill56
sorry about the rib and the car the 3 will be a lot of green pips i hope , all great in here little kill is doing great breaking every darn thing in his way
I am still in the experimental stage on my Micro account formulating setup strategies and tweaking my trading plan. I win some, I lose some, but at the moment it is not about making money. I have a day job that does that.

I have only been trading 9 months and I am still learning, although I have learned a heck of a lot in these last 9 months. I will get there and become a consistent profitable trader hoping to do this full time eventually, but that is a number of years down the line. I have to tick off each step of the way before I get there. I am in no rush, I am in it for the long haul!
  • #262,331
  • Oct 29, 2010 3:32am Oct 29, 2010 3:32am
Quoting bbmac
in the absence of reliable volume or market depth info in this, an otc non-exchange traded market, the confluence of repeating patterns comprised of changes in price momentum and changes in volatility as measured by standard deviation is what my indicators tell me about price...added to certain fractal geometric patterns and then a price action trigger, @ pre-identified potential supp/res/sbr/rbs and I have an edge.

Sometimes indicators are a valuable addition to confluence...particularly on the lower t/f's...the question is are indicators you...


I like the way you use the divergence on the lower tfs for your entries into the market!
  • #262,332
  • Oct 29, 2010 3:35am Oct 29, 2010 3:35am
the potential rbs zone on 4hr extends down to 5851 ...4 x fibs of swings up to 5977 from 5649 in there, 2 @ 5867/68, then 5851/52

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.gif Size: 18 KB
ex member
  • #262,333
  • Oct 29, 2010 3:40am Oct 29, 2010 3:40am
Quoting bbakker
I am still in the experimental stage on my Micro account formulating setup strategies and tweaking my trading plan. I win some, I lose some, but at the moment it is not about making money. I have a day job that does that.

I have only been trading 9 months and I am still learning, although I have learned a heck of a lot in these last 9 months. I will get there and become a consistent profitable trader hoping to do this full time eventually, but that is a number of years down the line. I have to tick off each step of the way before I get there....
best of luck bro take u time , i love working from home, still hit and run is the best for me love my cam's amd ma's the weekly cam;s are amazing with h1 open above or below and u know u next target
  • #262,334
  • Oct 29, 2010 3:41am Oct 29, 2010 3:41am
waiting to see what the hourly close outcome..something is suspicious..currently pa is sitting at 32 fib daily pivot
  • #262,335
  • Oct 29, 2010 3:43am Oct 29, 2010 3:43am
Quoting Pipwanderer
waiting to see what the hourly close outcome..something is suspicious..currently pa is sitting at 32 fib daily pivot
what is a 32 fib daily pivot ? Thanks
ex member
  • #262,336
  • Oct 29, 2010 3:44am Oct 29, 2010 3:44am
well 1 and 5min led the way there...
Attached Image
ex member
  • #262,337
  • Oct 29, 2010 3:46am Oct 29, 2010 3:46am
the last rally up i drew a fib from there asian open to yesterday i have my daily pivot at 5894 and price is ranging there...i am thinking something is suspicious...i might be wrong
  • #262,338
  • Oct 29, 2010 3:50am Oct 29, 2010 3:50am
the 1hr candle is not closed yet, and in any event I do not take entry off the 1hr triggers, but the confluence of the fully formed hidden divergence on that t/f at the previous 1hr/4hr swing hi zone helpeed add confidence...Question now is will we see a with 4hr uptrend follow thru to a new hi from this current lo or will the downtrend to 1hr persist, (I say downtrend on 1hr, since and including yesterday's Hi we have seen a HH, HL, LH, and now a L, so not a fully formed downtrend on that t/f yet.

2nd pic shows where the recovery is finding fresh supply-ie at the previous 1hr (non-immed) swing lo zone

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.gif Size: 15 KB
Attached Image
ex member
  • #262,339
  • Oct 29, 2010 3:52am Oct 29, 2010 3:52am
Quoting kill56
best of luck bro take u time , i love working from home, still hit and run is the best for me love my cam's amd ma's the weekly cam;s are amazing with h1 open above or below and u know u next target
Throw them weekly cams over to me, I only have the daily ones. Cheers bro!
  • #262,340
  • Oct 29, 2010 3:59am Oct 29, 2010 3:59am
Quoting bbakker
Throw them weekly cams over to me, I only have the daily ones. Cheers bro!

B & Kill

Do the cams vary much from the ordinary pivots?
880 traders viewing now