Cable Update (GBPUSD) | Page 13529 | 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)

  • #270,561
  • Jan 31, 2011 9:16am Jan 31, 2011 9:16am
Quoting WengOn
i am expected it to shoot up to 1.5973 and i am still waiting am i too greedy
Good day to you,

You do what you see fit...

I personally believe we are at max. But then again, I have been wrong.. Rare, but true

GU I will not touch at the moment.

Regards
  • #270,562
  • Jan 31, 2011 9:18am Jan 31, 2011 9:18am
Quoting TauTrader
Good day to you,

You do what you see fit...

I personally believe we are at max. But then again, I have been wrong.. Rare, but true

GU I will not touch at the moment.

Regards
because of that i dont simply Sell now
  • #270,563
  • Jan 31, 2011 9:20am Jan 31, 2011 9:20am
I closed my long for 10 and now its 70 pips..

take a bright side.. not in the short side
  • #270,564
  • Jan 31, 2011 9:25am Jan 31, 2011 9:25am
Quoting fourxtrader
Above the 200 on all tfs from the daily and below.

You have to set the tfs that are your foundation and
entries and from there what your r/r will be and the
drawdown you are willing to absorb.

You're late to the feast if you are thinking of going
long on lower tfs. Here's a 5M compression pattern
that signaled a trade opportunity.

[i][color=blue]Dr....
Thanks Doc.
i get so longwinded on explanations that i tend to get sucked back up again. lol
All systems of divination, like music itself,work through patterns.
  • #270,565
  • Jan 31, 2011 9:25am Jan 31, 2011 9:25am
Cable is ERUPTING!!!

Hopefully this thing has the legs to finally crack 6000 and STAY above it.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #270,566
  • Jan 31, 2011 9:29am Jan 31, 2011 9:29am
Quoting XTrade
Cable is ERUPTING!!!

Hopefully this thing has the legs to finally crack 6000 and STAY above it.
C.

What's this doing to your gold?

http://www.forexfactory.com/images/m...bits_start.gif Forums > Commodities and Stocks
http://www.forexfactory.com/images/m..._finallink.gif XAU/USD & XAG/USD - Gold & Silver FX Traders Thread

D.
  • #270,567
  • Jan 31, 2011 9:30am Jan 31, 2011 9:30am
Quoting XTrade
Cable is ERUPTING!!!

Hopefully this thing has the legs to finally crack 6000 and STAY above it.
I am going to short it .
  • #270,568
  • Jan 31, 2011 9:32am Jan 31, 2011 9:32am
don't use any indicator to trade at the end of month like this.., price is still looking the strong Sup/Res, it could go to anywhere any place, if you don't know (or clue or idea) in where today 'might' be close, so don't trade (especially to counter price moving)..
I will be the number one Manager.
  • #270,569
  • Jan 31, 2011 9:35am Jan 31, 2011 9:35am
Quoting WengOn
i am expected it to shoot up to 1.5973 and i am still waiting am i too greedy

1,5,15,30mins bars RSI >70-74
60minRSI~69.5
2hours RSI ~65


1,5,15,30mins bars RSI >80
hour, 2hours 4hours: 77, 75 ,68
Trend going too crazy.

i think i will start expect FIBO23.6 from 16010.
my own Trading strategy, once it go 200pips form bottom, without thinking i go in...
  • #270,570
  • Jan 31, 2011 9:40am Jan 31, 2011 9:40am
Amazing. Simply amazing.

Im just a few pips from the long i entered a week ago, which Ive been counter trading daily for nice profits, but still... at some point I gave up the hope Id ever get to close it for a profit.

Anyway, my short at 15875 is ... well... way way OFF, lol. Doesnt matter though, Im still profitable either way. This spread trading has really paid off, regardless of the fact that I was forced into it to survive.

Below is my chart... if this isnt a Short entry point I dont know what is. Everything across multiple TF is in overbought terriotory and were at a significant resistance level. I will be adding to my 15875 short soon, and with any luck closing my long.
Attached Image (click to enlarge)
Click to Enlarge Name: My Analysis.jpg Size: 209 KB
  • #270,571
  • Jan 31, 2011 9:43am Jan 31, 2011 9:43am
Quoting WengOn
1,5,15,30mins bars RSI >80
hour, 2hours 4hours: 77, 75 ,68
Trend going too crazy.

i think i will start expect FIBO23.6 from 16010.
my own Trading strategy, once it go 200pips form bottom, without thinking i go in...
It's narrowly approaching that 200 pips for the day.
1.5819 - 1.6019

Dr. D.
  • #270,572
  • Jan 31, 2011 9:45am Jan 31, 2011 9:45am
"In my limited experience and vision all the fundermentals and technicals are at a crucial point where climatic volume (emotional response) could enter the market"..Speculation yesterday.

i so wish i followed my own advice and Java's at times. lol
All systems of divination, like music itself,work through patterns.
  • #270,573
  • Jan 31, 2011 9:47am Jan 31, 2011 9:47am
Quoting fourxtrader
It's narrowly approaching that 200 pips for the day.
1.5819 - 1.6019

Dr. D.
awaiting 5mins MACD to cross (1)for entry. TREND OVER STRONG, NO idea whther can do FIBo 23.6 and captured within 1hour.

planning to go in after (2)EUR,british closing, that left only US in order to cloak in...

already 6026 now!!!!!!!!!!! i have no idea where this guy wanted shoot up to,
TILL MACD 5mins CROSSED.
  • #270,574
  • Jan 31, 2011 9:47am Jan 31, 2011 9:47am
Quoting Exsilium
Short @ 15871 for scalp.

I am still bias Long. The 4H Stoch has been deep oversold since late last Friday. I also think there are enough bulls left to attempt 16000 again, though in the long run I dont think we will maintain 16000.

I have to admit Im a tad worried about the so-called Frankie Fakie
Well I was right about 16000 and my week old long is now profitable. Unfortunately ive still got a short in at 15875
  • #270,575
  • Jan 31, 2011 9:50am Jan 31, 2011 9:50am
Quoting Exsilium
Amazing. Simply amazing.

Im just a few pips from the long i entered a week ago, which Ive been counter trading daily for nice profits, but still... at some point I gave up the hope Id ever get to close it for a profit.

Anyway, my short at 15875 is ... well... way way OFF, lol. Doesnt matter though, Im still profitable either way. This spread trading has really paid off, regardless of the fact that I was forced into it to survive.

Below is my chart... if this isnt a Short entry point I dont know what is. Everything across multiple TF is in...
Good luck and correct me if I'm wrong but if I understand
your post correctly, this isn't the type of trading method
that should be encouraged in this forum with so many
newbies searching for a path.

Dr. D.
  • #270,576
  • Jan 31, 2011 9:55am Jan 31, 2011 9:55am
Quoting fourxtrader
Good luck and correct me if I'm wrong but if I understand
your post correctly, this isn't the type of trading method
that should be encouraged in this forum with so many
newbies searching for a path.

Dr. D.
Depends on TF and MM - this is not a "newbie trading discussion" thread.
  • #270,577
  • Jan 31, 2011 9:57am Jan 31, 2011 9:57am
Quoting gsantri
I closed my long for 10 and now its 70 pips..

take a bright side.. not in the short side
well done buddy
Verily, in every difficulties there is relief
  • #270,578
  • Jan 31, 2011 9:59am Jan 31, 2011 9:59am
Quoting fourxtrader
Good luck and correct me if I'm wrong but if I understand
your post correctly, this isn't the type of trading method
that should be encouraged in this forum with so many
newbies searching for a path.

Dr. D.
You have a point I suppose. I myself am a newbie, or at least thats how I see myself. This long trade I opened 1/19, quite a while ago and it was the one time I broke my own rules and was forced into survival mode. I am just sharing my experience is all, not recommending a particular trading method or style.
  • #270,579
  • Jan 31, 2011 9:59am Jan 31, 2011 9:59am
i got a fren now losing >USD 1700 no stop lost....
4transaction, each 0.5.

third days in FOREX new account.

i dare not to communicate w him now...
  • #270,580
  • Jan 31, 2011 10:08am Jan 31, 2011 10:08am
Quoting WengOn
i got a fren now losing >USD 1700 no stop lost....
4transaction, each 0.5.

third days in FOREX new account.

i dare not to communicate w him now...
Well I hope he learns from it,

I do 100 usd a pip and do not use a stop loss either, well I have a mental one.
574 traders viewing now