Cable Update (GBPUSD) | Page 14046 | 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)

  • #280,901
  • Jun 8, 2011 5:19am Jun 8, 2011 5:19am
anyone on the daily t/f trigger thinking of playing a decisive break and close above/below the triangle ?

G/L
Attached Image
ex member
  • #280,902
  • Jun 8, 2011 5:27am Jun 8, 2011 5:27am
Quoting _BBKing_
gosh i dont have cross hares here.... where should i find them?!?!
On MT4 toolbar (icons). One of the toolbars has: Cursor; Crosshair; Vertical Line; Horizontal Line... and so on.

Sorry I'm hopeless with MSPaint but here goes:

Attached Image (click to enlarge)
Click to Enlarge Name: crosshairs.gif Size: 71 KB
Gone to a better place
  • #280,903
  • Jun 8, 2011 5:30am Jun 8, 2011 5:30am
Quoting _BBKing_
gosh i dont have cross hares here.... where should i find them?!?!

If you click on a chart then click your mouse's scroll wheel it will bring up the cross hair also.

G/L
ex member
  • #280,904
  • Jun 8, 2011 5:34am Jun 8, 2011 5:34am
Quoting bbmac
If you click on a chart then click your mouse's scroll wheel it will bring up the cross hair also.

G/L
Thanks BBmac. I didn't know that. You must have read the manual.
Gone to a better place
  • #280,905
  • Jun 8, 2011 5:37am Jun 8, 2011 5:37am
Scalping at 1.6365 ( long)! Already made 9 pips..... no 15...! Trade already closed.

Stoploss lvl - 1.6545!
  • #280,906
  • Jun 8, 2011 5:48am Jun 8, 2011 5:48am
Below 1.64 We should find a good short entry with momentum.
Above 1.64 We should find a good long entry with momentum.

If you do not short then long and vice verse.
  • #280,907
  • Jun 8, 2011 5:50am Jun 8, 2011 5:50am
I would say 1.635 is the key today...... up/down........ but not sure if to enter either way before tomorrow...........
  • #280,908
  • Jun 8, 2011 5:52am Jun 8, 2011 5:52am
Quoting josef
Scalping at 1.6365 ( long)! Already made 9 pips..... no 15...! Trade already closed.

Stoploss lvl - 1.6545!
Hello Josef I have a open long @ 6360 Tg 6460. Is it a good one or bad one pls share your views.
  • #280,909
  • Jun 8, 2011 5:57am Jun 8, 2011 5:57am
The market is ranging between 1.6350 - 1.64. When US session begins, may be we'll see momentum.
  • #280,910
  • Jun 8, 2011 6:00am Jun 8, 2011 6:00am
Yes, maybe US will throw this down the drain with the Euro, too. Dollar is due/overdue for a correction.

Dow futures are in the red and equity markets are down today. This will help. Whichever way, I will trade it.
Gone to a better place
  • #280,911
  • Jun 8, 2011 6:09am Jun 8, 2011 6:09am
Quoting smikester
Yes, maybe US will throw this down the drain with the Euro, too. Dollar is due/overdue for a correction.

Dow futures are in the red and equity markets are down today. This will help. Whichever way, I will trade it.

I agree with you on this. cable may follow fiber & could tank in Newyork session.

thanks
jan
  • #280,912
  • Jun 8, 2011 6:39am Jun 8, 2011 6:39am
Quoting smikester
On MT4 toolbar (icons). One of the toolbars has: Cursor; Crosshair; Vertical Line; Horizontal Line... and so on.

Sorry I'm hopeless with MSPaint but here goes:

Attachment

lol
now i understand
i use the scroll button to use the crosshair
90% of traders use TA, indicators and prediction
  • #280,913
  • Jun 8, 2011 6:44am Jun 8, 2011 6:44am
Quoting bbmac
anyone on the daily t/f trigger thinking of playing a decisive break and close above/below the triangle ?

G/L

hello
i have similar setup on daily+h4
i think looks more like a bearish flag than a pennant...
anyway, i wait a decisive breakout before taking a full position.
also buy stop or sell stop not convincing me

today later is beige book... can be a good reason for a spike to brake levels
Attached Image (click to enlarge)
Click to Enlarge Name: gusdd1.gif Size: 33 KB
90% of traders use TA, indicators and prediction
  • #280,914
  • Jun 8, 2011 7:09am Jun 8, 2011 7:09am
cable is going towards 1.6335.

jan
  • #280,915
  • Jun 8, 2011 7:12am Jun 8, 2011 7:12am
short 1.6360
tp :1.6335
  • #280,916
  • Jun 8, 2011 7:41am Jun 8, 2011 7:41am
this is coming down maybe 25-30 pips before any sign of a rally....from my indis...still not taking a position - my oil position is keeping me busy today anyway
  • #280,917
  • Jun 8, 2011 7:45am Jun 8, 2011 7:45am
Quoting josef
Scalping at 1.6365 ( long)! Already made 9 pips..... no 15...! Trade already closed.

Stoploss lvl - 1.6545!

GU has just triggered a potential reversal, Long ...... to break previous day High. Already at Long 1.6360 tp is 1.6480 safe trades
Keep the Lights on then you can catch the rise from the dark.
  • #280,918
  • Jun 8, 2011 7:50am Jun 8, 2011 7:50am
Quoting ricmaj
GU has just triggered a potential reversal, Long ...... to break previous day High. Already at Long 1.6360 tp is 1.6480 safe trades

if u think that is a reversal..think again hancock!!

just kidding be lucky
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 97 KB
  • #280,919
  • Jun 8, 2011 7:50am Jun 8, 2011 7:50am
still 40 minutes to NYSE open

http://en.wikipedia.org/wiki/List_of..._opening_times
  • #280,920
  • Jun 8, 2011 7:52am Jun 8, 2011 7:52am
Quoting jan8
short 1.6360
tp :1.6335
that's possible but 6360 still a support.
i wait a brake and a closing candle below it
better h1 or h4 candle.....
lets see if it does..
90% of traders use TA, indicators and prediction
634 traders viewing now