Cable Update (GBPUSD) | Page 13869 | 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)

  • #277,361
  • Apr 25, 2011 8:50am Apr 25, 2011 8:50am
Quoting redbeben
GU might go for a buy in the next 1 h more or less from now on

first price will go down a bit
then up,then we will have a ichi cross then we will go up and brake the cloud in the circled area and go up to 1.6535 and then down at least 8 pips and more to go

I don't think it's gonna go up now ....anymore.
I will just wait
if it happens as in the chart I take a long if not I will wait for 1.6450 to go long a bit

the short GU cross I was talking about last week might happen soon and the price will brake 1.6380 and go down down down to 1.62

we'll just go up and down a bit more for the next 37 hours more or less

if in those 37 hours we brake 1.6380 we go down for up to 180-190 pips
  • #277,362
  • Apr 25, 2011 8:52am Apr 25, 2011 8:52am
Quoting deryworlds
I'm afraid if your use Ichi at 5TF it will not confirm for price move, however cable already move higher on friday so in my opinion we have two days from now for retracing down or atleast sideway after 1.6447 before next 1.6889 something
spot on

no go as I can see

waiting for 1.6450 to go a bit up

I don't think from 1.6450 we'll go all the way up.I still think the whole week will be bear and only next week we will see the 1.67

only time will tell
  • #277,363
  • Apr 25, 2011 8:58am Apr 25, 2011 8:58am
Quoting redbeben
ok ok you cost me 5 minutes of looking back the posts to see what I said I had TP's at the beginning of the shorts (it's ok I'm in the office now and not in the mood to serve the corporation )

so last week I said long on that pair with a TP as highlighted and waiting from that high to drop to the TP1,2 and 3

that one was on H1 chart.I did not expect that bull move to be so strong.my bad.

I opened the shorts at 1.4485 and I have 3 of them as my broker does not allow me to open a big one and close it bit by bit

later on I saw the H4...
Hi seems there is misunderstood from me i thought u taking about G/U but u switch to e/u
If u have same 1.5550 then we are on agreement G/U
About E/U If u see it's going to 1.50 I would like to put my Bet here if u Like
Current PA bouncing@ 1.46
I say if we got 1.49 I will give u my V if we drop 1.40 U give me V, Agree?
  • #277,364
  • Apr 25, 2011 9:05am Apr 25, 2011 9:05am
WP looking magnetic - of course , a long from there is safer than a short to there , imo
Attached Image (click to enlarge)
Click to Enlarge Name: FT.jpg Size: 82 KB
  • #277,365
  • Apr 25, 2011 9:05am Apr 25, 2011 9:05am
Just got quick 13 pips after PA broke Ichimoku Cloud. Exited just before the New Home Sales news.
  • #277,366
  • Apr 25, 2011 9:07am Apr 25, 2011 9:07am
What the current condition looks to me...

http://t1.gstatic.com/images?q=tbn:A...fiovHj9yM5hp8_
http://www.google.co.id/imgres?q=ped...w=1280&bih=610
  • #277,367
  • Apr 25, 2011 9:07am Apr 25, 2011 9:07am
Oh gOD, i knew it!! even new home sales report shows up, it won't give any influence.. lucky me
  • #277,368
  • Apr 25, 2011 9:11am Apr 25, 2011 9:11am
Quoting egkid
Hi seems there is misunderstood from me i thought u taking about G/U but u switch to e/u
If u have same 1.5550 then we are on agreement G/U
About E/U If u see it's going to 1.50 I would like to put my Bet here if u Like
Current PA bouncing@ 1.46
I say if we got 1.49 I will give u my V if we drop 1.40 U give me V, Agree?
Hi again

I have 1.55 but only after 1.67

so GU short story as I see it :

gu goes down now for this week and next week up to 1.67 and then the big drop to 1.55

EU will go down if we brake 1.44 to 1.4150 and then resume uptrend to touch 1.50-51 during the next 4 weeks and then down to 1.36 level


as both pairs go together it would mean we go down this week and up next one and all the way down in the weeks to follow

so....I guess we are both right

I give you a vouch anyway I wish vouches no more as people try to follow the more vouches I have and this is not good for them as I use my own MM plan that does not suite the rest
  • #277,369
  • Apr 25, 2011 9:17am Apr 25, 2011 9:17am
Quoting chazzle
WP looking magnetic - of course , a long from there is safer than a short to there , imo
Hi chazz,

right here



my only concern is the up move will only last until it hits the kumo again at 1.646-8 area and then it will bring price down again.
if this H1 cloud acts like a hell's gate it might drag the price 180 pips down from 1.654X level

the next hours will tell the full story
  • #277,370
  • Apr 25, 2011 9:24am Apr 25, 2011 9:24am
Quoting redbeben
Hi chazz,

right here



my only concern is the up move will only last until it hits the kumo again at 1.646-8 area...
Hey dude - I'm mainly scalping - a touch of WP if it happens in the next say 1 -4 hours and it's a long scalp with pretty good odds , 20 pips would be fine
  • #277,371
  • Apr 25, 2011 9:28am Apr 25, 2011 9:28am
Quoting redbeben
Hi again

I have 1.55 but only after 1.67

so GU short story as I see it :

gu goes down now for this week and next week up to 1.67 and then the big drop to 1.55

EU will go down if we brake 1.44 to 1.4150 and then resume uptrend to touch 1.50-51 during the next 4 weeks and then down to 1.36...
U r good trader and i LV healthy competition with you
My View No 1.49 No 1.50 For next months At least not before 1.40 so Seems we are not in same line here.
Deal?
  • #277,372
  • Apr 25, 2011 9:30am Apr 25, 2011 9:30am
Dollar Index back above last weeks close ... could be looking at 50 points or so of upside ....
Attached Image (click to enlarge)
Click to Enlarge Name: DX11.jpg Size: 67 KB
  • #277,373
  • Apr 25, 2011 9:42am Apr 25, 2011 9:42am
hi all, i have just made a decision and it was to take a hit of £2274 wise move? i dont no. But i feel a bit better now. i was on edge thinking i may loose all of my 10k so now im left with £7750 so im taking out £2750 and then i will have 5k to play with at £7 per point that will leave me about a 640 point sl..
  • #277,374
  • Apr 25, 2011 9:43am Apr 25, 2011 9:43am
Quoting egkid
U r good trader and i LV healthy competition with you
My View No 1.49 No 1.50 For next months At least not before 1.40 so Seems we are not in same line here.
Deal?

deal

I still see 1.5063 as last target up after the drop I mentioned for this week

anyway there are plenty of news comming up this week and there is some very disturbing rumor about China and her USD investments

I'll wait and see
  • #277,375
  • Apr 25, 2011 9:56am Apr 25, 2011 9:56am
Quoting wiz001
hi all, i have just made a decision and it was to take a hit of £2274 wise move? i dont no. But i feel a bit better now. i was on edge thinking i may loose all of my 10k so now im left with £7750 so im taking out £2750 and then i will have 5k to play with at £7 per point that will leave me about a 640 point sl..
Hey man - you could try using less leverage - it will make you feel more comfortable in trades and could be better in the long run.Instead of 640 points of SL until your account is squashed you could trade £1 per point on £5k and have 50 point stops at 1% of equity each instead of 7%... leverage can be a killer
  • #277,376
  • Apr 25, 2011 10:01am Apr 25, 2011 10:01am
I will watch the 1.6505level just in case
we might see a 1.654 level later today if we brake that level
  • #277,377
  • Apr 25, 2011 10:17am Apr 25, 2011 10:17am
Quoting 0rPhioZ
What the current condition looks to me...

http://t1.gstatic.com/images?q=tbn:A...fiovHj9yM5hp8_
http://www.google.co.id/imgres?q=ped...w=1280&bih=610...

lol.. pedobear condition?
  • #277,378
  • Apr 25, 2011 10:19am Apr 25, 2011 10:19am
it hard to break down now...
be patient, self-belief and discipline... stay focus...
  • #277,379
  • Apr 25, 2011 10:24am Apr 25, 2011 10:24am
Gbp/Usd has wild swings on even normal days. We should expect the same, and even more so, for the next 12 hours or so.
  • #277,380
  • Apr 25, 2011 10:28am Apr 25, 2011 10:28am
Hi all
Any comments on GBPJPY anyone? My favourite pair cause it moves so much in a very short period sometimes! Still kicking myself because I thought "set a pending sell trade at 139.00" before I went to bed on 11th April (just before the big drop) and I fell asleep - woke up to see the 250 pip drop overnight -oh boy!

Anyway I see it going down to 133 in a hurry even 130 but exactly when is the question?
628 traders viewing now