Cable Update (GBPUSD) | Page 13789 | 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)

  • #275,761
  • Apr 8, 2011 2:51am Apr 8, 2011 2:51am
Quoting bbakker
USD getting battered... nothing to do with just this pair. Look at all USD pairs and then look at commodities. SLV broke through $40 and Crude broke through $111. The driver was commodities during the Asia session.
hi
usdx i see a bottom in november 2010 @75.22
very very near.....

im waiting n closed all positions for the moment n looking if it reacts @75.22
90% of traders use TA, indicators and prediction
  • #275,762
  • Apr 8, 2011 3:04am Apr 8, 2011 3:04am
I backed GBPUSD at 16319 8pm yesterday and took the profit at 16480 I can now go do some else, Thanks for your help on here.
  • #275,763
  • Apr 8, 2011 3:04am Apr 8, 2011 3:04am
Quoting redbeben
I would say it will go to a max of 1.6445 and then down a looooootttttttt to some 1.60-61...

but I might be wrong
That would be great to save my shorts
  • #275,764
  • Apr 8, 2011 3:12am Apr 8, 2011 3:12am
Quoting FXtime
That would be great to save my shorts
it would be great indeed.we are about to change the trend next week so we might see the top today.

in my opinion we already touched somehow the top.but this top is somewhere at 1.6430-1.6445

and again I might be wrong with this as it is experimental calculation

so far it worked out with the uptrend targets ....for the down ones I'm still calibrating them
  • #275,765
  • Apr 8, 2011 3:13am Apr 8, 2011 3:13am
Quoting _BBKing_
hi
usdx i see a bottom in november 2010 @75.22
very very near.....

im waiting n closed all positions for the moment n looking if it reacts @75.22
Attached Image


At supply, bearish engulfing pattern on m5, drop, comes back, so I anticipate a double top, (M shape) followed by another bearish engulfing. Classic reversal pattern!

Cashed 1/2 at 30 pips and put the rest to BE before the news.

Job done!
  • #275,766
  • Apr 8, 2011 3:15am Apr 8, 2011 3:15am
Quoting bbakker
USD getting battered... nothing to do with just this pair. Look at all USD pairs and then look at commodities. SLV broke through $40 and Crude broke through $111. The driver was commodities during the Asia session.

If Oil keeps going up like this, it is going to drive a stake through the global recovery.
im out..this is madness, i tried shorting the sucker but its broken the downtrend and USD is going to find a floor..look like tough times are ahead with inflation
  • #275,767
  • Apr 8, 2011 3:16am Apr 8, 2011 3:16am
Textbook setup / 77 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: setup.JPG Size: 159 KB
  • #275,768
  • Apr 8, 2011 3:19am Apr 8, 2011 3:19am
Quoting bbakker
Attachment

At supply, bearish engulfing pattern on m5, drop, comes back, so I anticipate a double top, (M shape) followed by another bearish engulfing. Classic reversal pattern!

Cashed 1/2 at 30 pips and put the rest to BE before the news.

Job done!
gosh.....
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm5.jpg Size: 154 KB
90% of traders use TA, indicators and prediction
  • #275,769
  • Apr 8, 2011 3:21am Apr 8, 2011 3:21am
Quoting dvdsurplus
Textbook setup / 77 pips.
great trade
  • #275,770
  • Apr 8, 2011 3:23am Apr 8, 2011 3:23am
Quoting nAVIN2007
im out..this is madness, i tried shorting the sucker but its broken the downtrend and USD is going to find a floor..look like tough times are ahead with inflation
The Fed has caused all this madness in the name of staving off unemployment and causing a depression by introducing QE, driving the dollar down, driving commodity prices up, driving world inflation up (although some of the RPI and CPI figures reported are... deflated!) which leads to conflict and maybe even another world war.

Once QE2 has finished, no doubt the FED needs to start QE3. Who else is going to buy their debt?
  • #275,771
  • Apr 8, 2011 3:24am Apr 8, 2011 3:24am
If the Pairs Break the Red Circle then we will move higher definetely,Need to wait The Confirmation First
Attached Image (click to enlarge)
Click to Enlarge Name: Gbpusd.png Size: 39 KB
  • #275,772
  • Apr 8, 2011 3:29am Apr 8, 2011 3:29am
Quoting _BBKing_
gosh.....
lol. My trade is already safe... whatever happens! It was a quick in and out... Let's see what happens with the remaining position!

EDIT: Remaining stopped out at BE
  • #275,773
  • Apr 8, 2011 3:29am Apr 8, 2011 3:29am
Quoting J.Giordano
If the Pairs Break the Red Circle then we will move higher definetely,Need to wait The Confirmation First
dont need to wait, that circle will be killed. bog boys knows about resistance where common peeople going short, they all will be taken down
  • #275,774
  • Apr 8, 2011 3:29am Apr 8, 2011 3:29am
Quoting dvdsurplus
Textbook setup / 77 pips.
It is always begin with a text book setup and finally end with unknown reactions
  • #275,775
  • Apr 8, 2011 3:31am Apr 8, 2011 3:31am
Quoting _BBKing_
gosh.....
done!!
90% of traders use TA, indicators and prediction
  • #275,776
  • Apr 8, 2011 3:33am Apr 8, 2011 3:33am
Quoting mdrive
dont need to wait, that circle will be killed. bog boys knows about resistance where common peeople going short, they all will be taken down
  • #275,777
  • Apr 8, 2011 3:36am Apr 8, 2011 3:36am
Miss my Tp by 2 pips Then whent through my sl at b/e so stoppe 20 pips higher... Killer
  • #275,778
  • Apr 8, 2011 3:39am Apr 8, 2011 3:39am
PPI went out very positive
on FF calendar is told will call also a positive CPI

are we going to see this uptrend going till next week?
what do you think guys?
90% of traders use TA, indicators and prediction
  • #275,779
  • Apr 8, 2011 3:41am Apr 8, 2011 3:41am
Quoting bbakker
The Fed has caused all this madness in the name of staving off unemployment and causing a depression by introducing QE, driving the dollar down, driving commodity prices up, driving world inflation up (although some of the RPI and CPI figures reported are... deflated!) which leads to conflict and maybe even another world war.

Once QE2 has finished, no doubt the FED needs to start QE3. Who else is going to buy their debt?

last year i had 35 trades and i won i think it was 32 trades know why?

i only bought cable the trend is up..but now its got to the stage where conspiracy is becoming act..just madness
  • #275,780
  • Apr 8, 2011 3:42am Apr 8, 2011 3:42am
Quoting _BBKing_
done!!
Nice.

I am out of here. Have a nice weekend all!
471 traders viewing now, 3 are registered:
Richiiee
,
makeme
,