Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Cable Update (GBP/USD) without Idiots 23 replies

Is it just me or is cable acting random? 44 replies

Why is GBPUSD called cable? 66 replies

Cable (GBPUSD) vs Euro (EURUSD) 26 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

slightly different approach but same thing..if someone wants me to explain what yur seeing..let meh know..

took the day of work!!
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 128 KB
if u add a fib to it..bounce/ confluence at 50%

so we have 3 thing in favour

1) 50% fibo confluence
2)monthly trend bearish candle
3) pullback scenero
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.jpg Size: 123 KB
Quoting nAVIN2007
this is trading for u..my trade i have here is aggressive but decision is made from monthly time frame..be lucky

on the weekly chart i see this as a pullback retest scenero..(see chart)
there was a lower low swing i believe on weekly..indicating weakness..i think the pullback is the new lower high

Ditto.

No reason to close shorts just yet.

Regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu5.gif Size: 28 KB
Click to Enlarge Name: gu6.gif Size: 29 KB
bounce off L4 at the recent low
Yep, looking for a test of the red 38.2 FE around the 1.5578 region.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4hr.gif Size: 44 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
Quoting TauTrader
Ditto.

No reason to close shorts just yet.

Regards

nice entries..
loving yur dailly chart i agree 100%

Quoting 45Condor
Yep, looking for a test of the red 38.2 FE around the 1.5578 region.
yup..im looking for a test of monthly low and breakout to give 1.53 area
Quoting nAVIN2007
nice entries..
loving yur dailly chart i agree 100%

Hello bro,
how you doing..

similar view like yours... http://www.forexfactory.com/showpost...&postcount=911
Good luck

Quoting samirb
Good day everyone

Reason for closing all longs and switching to shorts

first chart 8 hours and second chart weekly

Good luck with your trades..
Quoting 45Condor
Yep, looking for a test of the red 38.2 FE around the 1.5578 region.
Good day,

Got a 1.5561 number as major daily support start area - so we are looking at roughly the same area, but we still have a hurdle. So will see..

Good luck!

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu7.gif Size: 30 KB
15630 might not be cracked today ... I'm looking for long scalps
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15630d.jpg Size: 77 KB
Click to Enlarge Name: 15630h4.jpg Size: 90 KB
Quoting chazzle
15630 might not be cracked today ... I'm looking for long scalps
.
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.jpg Size: 113 KB
Quoting TauTrader
Good day,

Got a 1.5561 number as major daily support start area - so we are looking at roughly the same area, but we still have a hurdle. So will see..

Good luck!

Regards
I am clearing here @ 1.5658 - closing all. +829 pips. This may become a choppy zone. If I am wrong, so be it.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu7.gif Size: 29 KB
Confluence Daily S2 (1.5634) & LTL

regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bounce.gif Size: 23 KB
Click to Enlarge Name: h1.gif Size: 25 KB
... feel better day by day.
Quoting navhin
short at 1.5705, TP 1.5665
closed my position for +40pips..
if on the weekly the low of the previous break..the u have a reversal on the direction of the week..the move hasnt even started yet..

im holding

Mr T..nice pippage brother!!
Quoting samirb
Hello bro,
how you doing..

similar view like yours... http://www.forexfactory.com/showpost...&postcount=911
Good luck

Good day everyone

Expecting one more run up to 15850 before fall..

Good luck everyone
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 20 KB
Quoting nAVIN2007
if on the weekly the low of the previous break..the u have a reversal on the direction of the week..the move hasnt even started yet..

im holding

Mr T..nice pippage brother!!
Tx Bro - may join you again later...who knows

Gotta love your conviction. Strong like an ox.

Regards
Good day to you,

Quick scalp long. Entered @ 1.5669 and 1.5671. SL tight @ 1.5650 - see if I can squeeze a few.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu7.gif Size: 24 KB
Rather interested in the 3-day pump on EG to the 76.4 FE, pump on EU after discussion of Spanish downgrade:

http://www.telegraph.co.uk/finance/f...downgrade.html

And other factors... shsss, it never stops, does it?
Attached Image (click to enlarge)
Click to Enlarge Name: eg.gif Size: 44 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
Agree with nAVIN2007 on this one!

Here is my outlook on GU and I am bearish. Possible H&S pattern forming on d1

Attached Image (click to enlarge)
Click to Enlarge Name: 101215_gu_d1.PNG Size: 39 KB


Anyway, I have stopped trading and will not open any new positions until Sunday 23rd Jan for various reasons. I still have a couple positions out there that I will manage during this period, although I closed my GBPCHF short from November for 825 pips yesterday. (Link to original post is http://www.forexfactory.com/showthre...58#post4186058)

Take a break from trading people... you deserve it and it couldn't be a better time to do so. Spend time with your loved ones over the festive period and come back recharged next year!

Wishing everyone a very merry Xmas (hic!) and a Happy New Year.
Quoting samirb
Good day everyone

Expecting one more run up to 15850 before fall..

Good luck everyone
interesting chart..i like it..something else to think abt..thank u
71 traders viewing now, 2 are members:
Bella.al
,
milkyway1