Cable Update (GBPUSD) | Page 13935 | 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)

  • #278,681
  • May 9, 2011 9:43am May 9, 2011 9:43am
if we close GJ under 131.17 the daily candle we will go to 127.50

if not we have to close tmr the daily under 131.34 in order to go to 127.50
  • #278,682
  • May 9, 2011 9:43am May 9, 2011 9:43am
Quoting wiz001
hi there
i bought in at 1.6336 does anyone think it will come back up there today?
Raging bears are still very vicious sir...
  • #278,683
  • May 9, 2011 9:52am May 9, 2011 9:52am
im staying long on this one, i think everyones forgetting that mr laden is dead now and that can only be a good thing?
  • #278,684
  • May 9, 2011 10:00am May 9, 2011 10:00am
Quoting wiz001
im staying long on this one, i think everyones forgetting that mr laden is dead now and that can only be a good thing?
We're traders, not news hounds, there's been quite a lot of posts on never trading on news.

That's been my personal experience, trade what you see on the charts, if nothing else, it helps you build your own trading techniques.
  • #278,685
  • May 9, 2011 10:13am May 9, 2011 10:13am
so what now? back to 1.635 and tan back down 1.62x?
  • #278,686
  • May 9, 2011 10:21am May 9, 2011 10:21am
Quoting sphinx8
so what now? back to 1.635 and tan back down 1.62x?
1.63, 1.64, 1.66, 1.67 lol
Verily, in every difficulties there is relief
  • #278,687
  • May 9, 2011 11:03am May 9, 2011 11:03am
Quoting primzvicious
1.63, 1.64, 1.66, 1.67 lol
Still remain Bearish until US session ended. Not Sure about australia session (Might be retracement there)
{Promotion Removed}
  • #278,688
  • May 9, 2011 11:07am May 9, 2011 11:07am
Quoting sphinx8
so what now? back to 1.635 and tan back down 1.62x?
key on my view is as long we below 6384 then train will continuous to 6180 and it will happen as 6357 also held this cable moving around... My opinion only on wed nite we trying back at weekly open price again...
  • #278,689
  • May 9, 2011 11:14am May 9, 2011 11:14am
Quoting Mrleeforex
Still remain Bearish until US session ended. Not Sure about australia session (Might be retracement there)
well 60ish pips so far not a bad start isnt it
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 22 KB
Verily, in every difficulties there is relief
  • #278,690
  • May 9, 2011 11:37am May 9, 2011 11:37am
hello all
this is what i see
channel now can be drawn

we eated 6340
was main support/resist
now as it was a main level we are testing on a 'takin profit' + bottom channel + support(6250-6260) pullback
random touch the white dotted line that is there since months

downtrend=breake support until next support. come previous support to confirm as resistance n find supply.

i will buy only closing above upper channel.
came in too late to sell it
already closed a buy 6276-6300 for scalp

Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 28 KB
90% of traders use TA, indicators and prediction
  • #278,691
  • May 9, 2011 12:47pm May 9, 2011 12:47pm
The destination is obvious on the weekly chart and H4 chart tells us that the movement will be gradual. 5 weeks uptrend has been broken and if weekly fails to close above the trendline 1.60000 could be here before you know it. However, 1.62500 has to give in first.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: may3 -gbpusd weekly.gif Size: 14 KB
Click to Enlarge Name: may3 -gbpusd h4.gif Size: 17 KB
  • #278,692
  • May 9, 2011 1:38pm May 9, 2011 1:38pm
short around 1.64?
  • #278,693
  • May 9, 2011 1:47pm May 9, 2011 1:47pm
Quoting primzvicious
1.63, 1.64, 1.66, 1.67 lol
Quoting primzvicious
well 60ish pips so far not a bad start isnt it
110 now, closed half and set remaining sl @ BE
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 21 KB
Verily, in every difficulties there is relief
  • #278,694
  • May 9, 2011 2:26pm May 9, 2011 2:26pm
Quoting primzvicious
110 now, closed half and set remaining sl @ BE
very good!
my bad i closed a scalp 6276 6300
90% of traders use TA, indicators and prediction
  • #278,695
  • May 9, 2011 2:28pm May 9, 2011 2:28pm
i see above line/channel
will it give a confirmation on it or straight up?
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 29 KB
90% of traders use TA, indicators and prediction
  • #278,696
  • May 9, 2011 2:37pm May 9, 2011 2:37pm
Quoting _BBKing_
i see above line/channel
will it give a confirmation on it or straight up?
only if I know, seems like stuck at 1.6389 for a while now..... I think I will flip a coin to put an order........ or maybe both (long/short) with SL 20 pips and TP 80+
  • #278,697
  • May 9, 2011 2:40pm May 9, 2011 2:40pm
Quoting _BBKing_
i see above line/channel
will it give a confirmation on it or straight up?
hopefully it straight up
Verily, in every difficulties there is relief
  • #278,698
  • May 9, 2011 2:48pm May 9, 2011 2:48pm
Quoting _BBKing_
i see above line/channel
will it give a confirmation on it or straight up?
as the plan king retracing late nite monday, only break there we going North again
Attached Image (click to enlarge)
Click to Enlarge Name: Intraday critical.jpg Size: 102 KB
  • #278,699
  • May 9, 2011 2:52pm May 9, 2011 2:52pm
Quoting deryworlds
as the plan king retracing late nite monday
is the UK tryin to understand something about wall street strenghten?
90% of traders use TA, indicators and prediction
  • #278,700
  • May 9, 2011 2:53pm May 9, 2011 2:53pm
Quoting deryworlds
as the plan king retracing late nite monday
well, how do you know this is a retracement instead of reversal?
Verily, in every difficulties there is relief
2,455 traders viewing now, 5 are registered:
Gbpusdfreakk
,
,
Ezn
,
Molaro
,
bolivarfx