Cable Update (GBPUSD) | Page 13991 | 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)

  • #279,801
  • May 21, 2011 4:54am May 21, 2011 4:54am
Quoting rullyforex
hi, thanks for the info...what is your analysis and judgement that made you stated that STRONG BEARISH next week? please share...
i know that u are not asking me but my opinion is almost the same as his. he might have different reasons.

my reasons:
1- gu had failed 3 triple tops at 6315.
2. classic bearish divergence.
pls have a loook at my chart.
i may be totally wrong..though
Attached Image (click to enlarge)
Click to Enlarge Name: gu divergence.gif Size: 15 KB
  • #279,802
  • May 21, 2011 5:35am May 21, 2011 5:35am
still into the channel downward
still closing below 23% fibo main move from 6740

maybe due to low volumes on friday closings.... who knows
until it is into the channel can go to 60 area.
anyway good thinking on soon up...
have a good weekend
bybye
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.gif Size: 28 KB
90% of traders use TA, indicators and prediction
  • #279,803
  • May 21, 2011 6:43am May 21, 2011 6:43am
Quoting chazzle
Hey Gsantri , hope your trading is going well - I'm sure it is
Hi Chazz, well still survive.. thanks for asking.

Can't post much because of rain season here accompanied by lightning, so I had to unplug the modem and switch to wireless which is rather slow. Been 2 DSL modem were hit by lightning.

So how are you my friend.. you looks healthy and fresh
All the best to you and the loved ones.

Regards.
  • #279,804
  • May 21, 2011 7:32am May 21, 2011 7:32am
Quoting gsantri
Hi Chazz, well still survive.. thanks for asking.


So how are you my friend.. you looks healthy and fresh
All the best to you and the loved ones.

Regards.
Well survival is half the battle my friend . I'm good , getting there slowly ...
  • #279,805
  • May 21, 2011 8:20am May 21, 2011 8:20am
are my channels correct?
Attached Image (click to enlarge)
Click to Enlarge Name: gunextweek.gif Size: 16 KB
  • #279,806
  • May 21, 2011 8:24am May 21, 2011 8:24am
Quoting wasaf
are my channels correct?
... they look OK to me
  • #279,807
  • May 21, 2011 9:16am May 21, 2011 9:16am
No much update for this week because GBP/USD still in resistance zone. I remain bearish.

Quoting clc4x
Weekly

Attachment

Daily


Attachment
  • #279,808
  • May 21, 2011 9:48am May 21, 2011 9:48am
Quoting clc4x
No much update for this week because GBP/USD still in resistance zone. I remain bearish.
I also think like that,,
GU likely will continue bearish
only an analysis, and I'm always wrong, don't follow me,
  • #279,809
  • May 21, 2011 11:39am May 21, 2011 11:39am
seems like 6280-6300 is a major one

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 46 KB
Hero calls followed by margin calls...
  • #279,810
  • May 21, 2011 11:42am May 21, 2011 11:42am
Hi all

Don't think we can definately say we're heading south just yet. Huge indescision in the market on Friday as can be seen from last two 4 hr candlesticks. Plus price action is still in upper bollinger band channel as well as still above some major support levels (one is at 6230/40 level)

Best to stand aside until price is either above 16310 or below 16190 (in my humble opinion!)


rgds
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h4.gif Size: 30 KB
  • #279,811
  • May 21, 2011 11:49am May 21, 2011 11:49am
Quoting PhAnTi'
seems like 6280-6300 is a major one
1.6290---1.6305 is on my radar screen.
  • #279,812
  • May 21, 2011 1:49pm May 21, 2011 1:49pm
my chart on cable, would like to see a breakout, then planning to search for a retrace to try some Longs. what do you think m?

http://4.bp.blogspot.com/-EHIbpUhjYm...sh+channel.png
  • #279,813
  • May 21, 2011 3:12pm May 21, 2011 3:12pm
Quoting suirad
my chart on cable, would like to see a breakout, then planning to search for a retrace to try some Longs. what do you think m?

http://4.bp.blogspot.com/-EHIbpUhjYm...sh+channel.png

I think absolutely right 6300 needs to be comprehensively broken with candlestick confirmation for buy trades

Interesting that RSI 14 showing slow but sure uptrend on both cable and GBPJPY
  • #279,814
  • May 22, 2011 8:14am May 22, 2011 8:14am
Quoting PhAnTi'
seems like 6280-6300 is a major one

Attachment
whether you will find the moment for short,?
only an analysis, and I'm always wrong, don't follow me,
  • #279,815
  • May 22, 2011 8:43am May 22, 2011 8:43am
http://www.forexfactory.com/images/icons/icon1.gif I hold long position oil dependent against usd 3 years:+100% result
I hold long position oil dependent currency against usd for 3 years:+100%
And now i'm standing on my own, I don't need no one.
I have a trading philosophy:the winner is not the fastest but who keeps on running. If I am inclined I will give you some hints of it.
Here is the beginning of 100 parameters

8. Определь дневной и часовой тренд

9. Играть по тренду


10. Не открываться по фунту до1100 до франкфурта, ждать 1200 лондона 11. Перед 1600 ждать нью=йорк

12. Не открываться перед открытием крупных рынков. Тебя там ждут, чтобы обуть

If you want some more send in pm
http://www.forexfactory.com/images/buttons/edit.gif
  • #279,816
  • May 22, 2011 11:21am May 22, 2011 11:21am
Quoting andelumut
whether you will find the moment for short,?
well.....sell high - buy low.....

ill sell if we reach it again, if not im sidelined

patience.
Hero calls followed by margin calls...
  • #279,817
  • May 22, 2011 1:32pm May 22, 2011 1:32pm
Quoting _BBKing_
still into the channel downward
still closing below 23% fibo main move from 6740

maybe due to low volumes on friday closings.... who knows
until it is into the channel can go to 60 area.
anyway good thinking on soon up...
have a good weekend
bybye
sorry i posted wrong chart.
here's the right one with fibos etc...
i see possible reaction on upward, but still into the channel and below 23% fibo main move.
lets see if and when will breake the downtrend.
anyway, im a day trader so ... doesn't matter if go up or if go down. i will get it where ever it goes
Attached Image (click to enlarge)
Click to Enlarge Name: gusdmh4.jpg Size: 131 KB
90% of traders use TA, indicators and prediction
  • #279,818
  • May 22, 2011 7:40pm May 22, 2011 7:40pm
Quoting mdrive
long at 6156 target min. 6260, nar 63 go short.
it was nice and easy swing.
  • #279,819
  • May 23, 2011 12:13am May 23, 2011 12:13am
Long @ 16214 target only 20 pips hoping close gap .
there is a gap rite ? or it just my mt4 error ?
Just Newbie Need Guidance From The Expert
  • #279,820
  • May 23, 2011 12:28am May 23, 2011 12:28am
Good day to you,

A run lower to 1.6100 - 1.6050 is what I will be looking for before re-considering any position. If my daily chart still in order - a long from there may yield a very nice move - but time will tell.

No longs for me at present.

Regards
288 traders viewing now