Cable Update (GBPUSD) | Page 13416 | 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)

  • #268,301
  • Jan 11, 2011 7:06pm Jan 11, 2011 7:06pm
Quoting Abu-Rami
My advice is get out from the market for this day i don't recommended to do any trading...
Why is that Abu? is it because of critical point of touching daily down TL or..
mind to elaborate pls
  • #268,302
  • Jan 11, 2011 7:43pm Jan 11, 2011 7:43pm
price has bounced off the 38.2 fib on H1
the blue trend line is drawn from line graph (close prices only)...

Attached Image
  • #268,303
  • Jan 11, 2011 7:52pm Jan 11, 2011 7:52pm
not sure this guy is focussed on cable at the moment?

Inserted Video


from recent flooding in Queensland Australia...
  • #268,304
  • Jan 11, 2011 8:08pm Jan 11, 2011 8:08pm
Quoting Cobby
not sure this guy is focussed on cable at the moment?

http://www.youtube.com/watch?v=Vt-FT-skins

from recent flooding in Queensland Australia...
I'm sorry to hear that and hope you're not one of including those that receive disaster.
  • #268,305
  • Jan 11, 2011 9:24pm Jan 11, 2011 9:24pm
Quoting fourxtrader
Here's the potential of a compression pattern
exploding off of a daily chart.

Dr. D.
Hey Doc, Good to see you again.. Happy New Year to you.

You are right I do see some big happenings with G/U, E/U, etc.. about to happen. I believe we may see it fall to the bottom side as well. For this week I see 5680 being a top resistance with 5750 there after. 5925 is the point of major resistance (which convienently are all fibs). My thoughts are we see at least one of these but ultimately should drop..

We shall see. Good to have you back.
Attached Image (click to enlarge)
Click to Enlarge Name: daily.gif Size: 20 KB
  • #268,306
  • Jan 11, 2011 9:44pm Jan 11, 2011 9:44pm
Quoting gsantri
I'm sorry to hear that and hope you're not one of including those that receive disaster.
I live in southern australia...
the basin here has been sucked dry by longterm drought.
and the flood impact hasn't hit here yet... time will tell...

thanks...
  • #268,307
  • Jan 11, 2011 10:17pm Jan 11, 2011 10:17pm
Quoting Abu-Rami
My advice is get out from the market for this day i don't recommended to do any trading...


but how ever like to take the risk...
Hi Abu,

You're Correct...
Market is RANGGING.

Every Day you always given INFORMATION for us.
Thank's so much, I really appreciate Your effort...

You're Honest & Experienced Trader.
Always looking the GREAT, never left GOOD Point...
  • #268,308
  • Jan 11, 2011 11:01pm Jan 11, 2011 11:01pm
12-jan-2011 11:30 GMT to 19-jan-2011.

GBPJPY, buy.
GBPUSD, buy.
SL 40 pip


http://img683.imageshack.us/img683/5...0111150gmt.jpg
-
http://img816.imageshack.us/img816/1...0111150gmt.jpg
  • #268,309
  • Jan 11, 2011 11:02pm Jan 11, 2011 11:02pm
Went long at 1.5635 TP 1.5655 SL 1.5625
  • #268,310
  • Edited 11:27pm Jan 11, 2011 11:13pm | Edited 11:27pm
Cable going STEP by STEP for BULLISH in H1 & H4
Btw... BEARISH in DAILY

I found BEARISH / BULLISH Harami Formation Candle !

Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2010-03-10_H1.jpg Size: 756 KB
Click to Enlarge Name: 2011-01-12_H4.jpg Size: 676 KB
Click to Enlarge Name: 2011-01-12_Daily.jpg Size: 479 KB
Always looking the GREAT, never left GOOD Point...
  • #268,311
  • Edited 11:50pm Jan 11, 2011 11:31pm | Edited 11:50pm
Quoting Ctic

You are right I do see some big happenings with G/U, E/U, etc.. about to happen. I believe we may see it fall to the bottom side as well. For this week I see 5680 being a top resistance with 5750 there after. 5925 is the point of major resistance (which convienently are all fibs). My thoughts are we see at least one of these but ultimately should drop..

We shall see. Good to have you back.
Hi Ctic,

I'm FLAT... because too Risky Now.

Better Waiting LONDON Open.
It's POSIBLE make BUMP and RUN Reversal (BARR)

Take Care
Always looking the GREAT, never left GOOD Point...
  • #268,312
  • Jan 11, 2011 11:46pm Jan 11, 2011 11:46pm
Quoting Ctic
Hey Doc, Good to see you again.. Happy New Year to you.

You are right I do see some big happenings with G/U, E/U, etc.. about to happen. I believe we may see it fall to the bottom side as well. For this week I see 5680 being a top resistance with 5750 there after. 5925 is the point of major resistance (which convienently are all fibs). My thoughts are we see at least one of these but ultimately should drop..

We shall see. Good to have you back.
Hello my fibo friend. Best wishes to you and yours in the New Year.

I'm not sure about how soon this is "about to happen" but the likelihood
of a significant "happening" seems strong. Admittedly until other lower
tf’s join in some sequential fashion to trigger a release, the daily compression
pattern remains as a near inanimate object of analysis and speculation. lol

Currently all the pertinent lower tf's are separated so it could take weeks
to trigger a release. In the meantime, we could still see hundreds of pips
in movement in either direction as the pattern matures (as in 2010).

Dr. D.
Attached Images
  • #268,313
  • Edited Jan 12, 2011 12:12am Jan 11, 2011 11:58pm | Edited Jan 12, 2011 12:12am
Quoting gsantri
Why is that Abu? is it because of critical point of touching daily down TL or..
mind to elaborate pls
Be Carefull, my friend.
Be Patience waiting Cable Breakout first is GOOD Strategy Trade.

Look at This :
It's Really... Giant BUTTERFLY Bearish still in Process ! ( in H1 )
What's will Happen ??
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-12_Big Butterfly Bearish.jpg Size: 523 KB
Always looking the GREAT, never left GOOD Point...
  • #268,314
  • Jan 11, 2011 11:59pm Jan 11, 2011 11:59pm
Quoting Low
Dr. D,

How bout you throw those MA's of your up on nzdchf weekly and tell me what ya think.

I feel like I've been watching it forever...lol.
I can see why. Have you been riding it upward?

Short term... down. Long term... ???

Dr. D.
Attached Images
  • #268,315
  • Jan 12, 2011 12:30am Jan 12, 2011 12:30am
H1 23.6 fib bounce

Attached Image
  • #268,316
  • Jan 12, 2011 12:45am Jan 12, 2011 12:45am
going up?

its got stuck at the 14.6 of the daily range

Attached Image
  • #268,317
  • Jan 12, 2011 12:50am Jan 12, 2011 12:50am
Quoting fourxtrader
I can see why. Have you been riding it upward?
Unfortunately, no. Just watching and waiting.

I'll keep my analysis off the pound thread, but I can see some convergence of fibs and SR too.

Maybe I'm just curve-fitting. Will continue to watch.
  • #268,318
  • Jan 12, 2011 1:01am Jan 12, 2011 1:01am
Quoting Low
Unfortunately, no. Just watching and waiting.

I'll keep my analysis off the pound thread, but I can see some convergence of fibs and SR too.

Maybe I'm just curve-fitting. Will continue to watch.
Hi Low,

We're the same Boat...
Always looking the GREAT, never left GOOD Point...
  • #268,319
  • Jan 12, 2011 1:15am Jan 12, 2011 1:15am
Quoting bbakker
I have placed a short order at 1.5655 with a SL at 1.5680. TP1 is at 1.5605. Doubt we will reach it before NY close.

Wish you success with your trading!
Got filled during the Asia session and now Frankie is driving the price lower. I am being cautious though because of the typical Frankie fake before the London reverse. Let's see what happens!
  • #268,320
  • Jan 12, 2011 1:16am Jan 12, 2011 1:16am
H4 Line chart potential trendline

Attached Image
302 traders viewing now, 1 is registered:
saidi01