Cable Update (GBPUSD) | Page 14004 | 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)

  • #280,061
  • May 26, 2011 5:14am May 26, 2011 5:14am
Quoting bbmac
15min closed as a bullish hammer trigger off that mini trend line, clearly some demand down to 6274....then last 3 x 1hr candle closes have been an IPB followed by a Doji and a PB...

as pointed out earlier, the LH on 1hr doesn't look good re longs...will see what happens..nice little run up and closed out for nice gain.


G/L

tom gbp strength is basing forming a major support..have this in mind my friend

reaction slight at 50% fibo
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 108 KB
  • #280,062
  • May 26, 2011 5:15am May 26, 2011 5:15am
Quoting nAVIN2007
what yah do to him?
i dont know...^^

he didnt mention a reason : p
Hero calls followed by margin calls...
  • #280,063
  • May 26, 2011 5:18am May 26, 2011 5:18am
Hi mate

Thanks for the analysis/comment-always appreciated,

G/L

Quoting nAVIN2007
tom gbp strength is basing forming a major support..have this in mind my friend

reaction slight at 50% fibo
ex member
  • #280,064
  • May 26, 2011 5:23am May 26, 2011 5:23am
Immediate upside obstacles remain the 1hr previous swing lo zone (previous support,) the 1hr LH, the descending trend line , the fibs from that 1hr LH and the 6334 H to the pullback Lo and the previous swing hi zone around that 6334 Hi.

Currently price encountering 2 x fibs, the previous 1hr swing lo zone and the descending trend line on 1hr.

G/L
Attached Image
ex member
  • #280,065
  • May 26, 2011 5:31am May 26, 2011 5:31am
Bulls are serious. Should test atleast 6400 before any retracement. Further 6500 is in play.
  • #280,066
  • May 26, 2011 5:32am May 26, 2011 5:32am
Quoting bbmac
Hi mate

Thanks for the analysis/comment-always appreciated,

G/L

coming from u bro..thats a big compliment..thanks bud

bullish harami trying to support a bullish breakout (monthly)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 94 KB
Click to Enlarge Name: cable.jpg Size: 63 KB
  • #280,067
  • May 26, 2011 5:39am May 26, 2011 5:39am
bullish continuation....
Attached Image (click to enlarge)
Click to Enlarge Name: gu311.png Size: 40 KB
Gold Expedition Return This Year: -15.9%
  • #280,068
  • May 26, 2011 5:50am May 26, 2011 5:50am
Buy a dip ( m1/200) ?
Attached Image (click to enlarge)
Click to Enlarge Name: 260511.gif Size: 82 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #280,069
  • May 26, 2011 5:59am May 26, 2011 5:59am
Quoting manize
Buy a dip ( m1/200) ?
It was a decent 1min hidden divergence play off the 5min 100sma...and before it the regular bearish divergence on 1min had highlighted the pullback off those 2 x fibs, previous 1hr swing lo zone and 1hr descending t/line potential resistance factors confluence.

1min screenshot shows this below.

Finishing here for day.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 110 KB
ex member
  • #280,070
  • May 26, 2011 6:15am May 26, 2011 6:15am
Anyone else going short? Any advice?
Attached Image (click to enlarge)
Click to Enlarge Name: any shorts.gif Size: 21 KB
  • #280,071
  • May 26, 2011 6:20am May 26, 2011 6:20am
US unemployment claims will be issued on another 1 hr. Anyone know what is the leakage ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #280,072
  • May 26, 2011 6:22am May 26, 2011 6:22am
Quoting Phil Warran
Anyone else going short? Any advice?
or long to 6450 if short stop is taken out?
Attached Image (click to enlarge)
Click to Enlarge Name: or long to 6450 is stop taken out.gif Size: 24 KB
  • #280,073
  • May 26, 2011 6:23am May 26, 2011 6:23am
Quoting Phil Warran
Anyone else going short? Any advice?

..I took short..based on Daily FIB retracement...fingers crossed

cheers
  • #280,074
  • May 26, 2011 6:37am May 26, 2011 6:37am
Just only for scalp planed to get 10 - 20 pips, buy a dip at m1/200, let's see what happen !
Attached Image (click to enlarge)
Click to Enlarge Name: 260511.gif Size: 66 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #280,075
  • May 26, 2011 6:39am May 26, 2011 6:39am
Quoting zodiak
..I took short..based on Daily FIB retracement...fingers crossed

cheers
I think it will be a good move.
  • #280,076
  • May 26, 2011 6:44am May 26, 2011 6:44am
Quoting josef
I think it will be a good move.
Let me get 10 - 20 pips first !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #280,077
  • May 26, 2011 6:55am May 26, 2011 6:55am
Quoting josef
I think it will be a good move.
tnx..
  • #280,078
  • May 26, 2011 7:19am May 26, 2011 7:19am
Quoting josef
I think it will be a good move.
I think GU is waiting for news release. somehow it's just stuck
  • #280,079
  • May 26, 2011 7:38am May 26, 2011 7:38am
so confirmed bulls now? 1.625x is now support?

having tourbles to spot some little pullback for some shorts.... tried one yesetrday and did not work......... almost tried one today as well but yet she went up........ wonder how much it can go continuously up without any down move more than -50pips
  • #280,080
  • May 26, 2011 7:40am May 26, 2011 7:40am
I`m still keeping a few shorts targeting 6200, think till the end of the week we`ll reach it.
318 traders viewing now, 3 are registered:
,
ndtrunghieu
,
bblizardd