Cable Update (GBPUSD) | Page 14253 | 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)

  • #285,041
  • Jul 26, 2011 2:28pm Jul 26, 2011 2:28pm
Short around 16440-16450
Btw I found that am cant upload any picture anymore,whats happened


Thanks
  • #285,042
  • Jul 26, 2011 2:35pm Jul 26, 2011 2:35pm
i try to add the chart...
let me see if im able to
Attached Image
90% of traders use TA, indicators and prediction
  • #285,043
  • Jul 26, 2011 2:35pm Jul 26, 2011 2:35pm
Quoting J.Giordano
Short around 16440-16450
Btw I found that am cant upload any picture anymore,whats happened


Thanks
i dont know... mine works..
90% of traders use TA, indicators and prediction
  • #285,044
  • Jul 26, 2011 2:59pm Jul 26, 2011 2:59pm
Quoting _BBKing_
i try to add the chart...
let me see if im able to
sincerely i dont like a lot this position , price can go more up a lot from here.
thats the reason why i took it small.
anyway if goes wrong doesn't matter
if goes as my plan, i will add below 6360 if n once broken.

based on daily from here a dump move down is possible.
lets see
90% of traders use TA, indicators and prediction
  • #285,045
  • Jul 26, 2011 3:58pm Jul 26, 2011 3:58pm
Quoting _BBKing_
sincerely i dont like a lot this position , price can go more up a lot from here.
thats the reason why i took it small.
anyway if goes wrong doesn't matter
if goes as my plan, i will add below 6360 if n once broken.

based on daily from here a dump move down is possible.
lets see
I see the high for today has been reached but daily candle is bullish engulfing, I expect more upside tomorrow to 6470 and 6500.
Don't get mad, get even!
  • #285,046
  • Jul 26, 2011 4:05pm Jul 26, 2011 4:05pm
Quoting stulic
I see the high for today has been reached but daily candle is bullish engulfing, I expect more upside tomorrow to 6470 and 6500.
yes i also see a possible move to those levels.
i have 6530 as max extreme level if we get there straight....

anyway, 6420 is top of supply area in daily (mine daily)
im looking closely at action in m1, actually is a bit in favour of shorts.
but who knows?! im ready to close fast
90% of traders use TA, indicators and prediction
  • #285,047
  • Jul 26, 2011 4:08pm Jul 26, 2011 4:08pm
this is what i see in daily chart...
6530 is also a weekly reason.

6210 will need a test?!
Attached Image (click to enlarge)
Click to Enlarge Name: gusdd1.gif Size: 38 KB
90% of traders use TA, indicators and prediction
  • #285,048
  • Jul 26, 2011 4:19pm Jul 26, 2011 4:19pm
kicked out @BEp lolz
i go to bed

bybye
90% of traders use TA, indicators and prediction
  • #285,049
  • Jul 26, 2011 4:27pm Jul 26, 2011 4:27pm
Quoting _BBKing_
kicked out @BEp lolz
i go to bed

bybye
I caught that spike after M5 engulfed. So I might have jumped the gun too early, 6432 still a possible NH for today, my daily closes this hour.
Attached Image (click to enlarge)
Click to Enlarge Name: cable27071.gif Size: 28 KB
Don't get mad, get even!
  • #285,050
  • Jul 26, 2011 6:55pm Jul 26, 2011 6:55pm
Anyone else have a bearish bias for the next few days? I'm thinking a correction is needed in the short term. In the long term, what took 24 days to get to go down to 1.57 from 1.64, it took 12 days to get back to 1.64.
  • #285,051
  • Jul 26, 2011 7:09pm Jul 26, 2011 7:09pm
H4 chart update: zone adjusted as supply being consumed - there were two "top of each other" zones originating in June. Broken TL from May 2010 (black) being re-tested, i still see an ascending wedge ('compression' reaching for supply, very bearish) rather than a symmetric channel (very bullish in case of sustained break above 6460/6500). Time will tell us.

Trying with an intranight short here, entry 6416 stop 6452 target 6345 (test of previous highs - 2:1R) or 6370 (1:1R). Tokyo bulls shall prove me wrong, let's see.

GL to all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Trade_036 2011-07-27, 01_27_54.png Size: 27 KB
Click to Enlarge Name: Trade_038 2011-07-27, 01_30_49.png Size: 35 KB
MarginTrader All Time Return: na
  • #285,052
  • Jul 26, 2011 7:16pm Jul 26, 2011 7:16pm
Rumour is Bank of Korea intervening buying USD.
Don't get mad, get even!
  • #285,053
  • Jul 26, 2011 9:01pm Jul 26, 2011 9:01pm
Aussie making new highs on CPI report, little impact on cable yet but it will be interesting to watch GBPAUD - possible test of all time lows & support below 1.48, break below or a bounce could have some impact here.. same situation in EU/EURAUD - testing lows already.
MarginTrader All Time Return: na
  • #285,054
  • Jul 26, 2011 9:37pm Jul 26, 2011 9:37pm
Quoting MaryJane
Aussie making new highs on CPI report, little impact on cable yet but it will be interesting to watch GBPAUD - possible test of all time lows & support below 1.48, break below or a bounce could have some impact here.. same situation in EU/EURAUD - testing lows already.
you are right,
but i didnt entered AUDUSD because it is too high and not sure which way it might GO,
but i sold EURUSD and GBPUSD both at 4528 AND 6430
GOT MY 30 PIPS IN eu AND gu STILL WAITING FOR 30 PIP Target..

Trade.Wisely
Don't compare your Trades with Others
  • #285,055
  • Edited 1:43am Jul 27, 2011 12:33am | Edited 1:43am
Morning , the same consolidation still awaiting 6314 limit , not over due price crazily continued up with usdx tanking , all in a 5th wave play either to go for 4th down or already over in crowd. so looking for around 6314 & if breaks & then more correction 6263,6193 limits . may crazily do also next level up 6507 also before the fall clearing up complete . short term short bais again till correction or end possible . lets see what happen .eu similar situatiion may play 4578 level before limit 4280/4214 or more correction 4028 around.

fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #285,056
  • Jul 27, 2011 12:39am Jul 27, 2011 12:39am
Kamezaki stirring up the waters atm, geppy down dragging cable with...

6417 could be a good long entry.
Don't get mad, get even!
  • #285,057
  • Jul 27, 2011 12:52am Jul 27, 2011 12:52am
Quoting stulic
Kamezaki stirring up the waters atm, geppy down dragging cable with...

6417 could be a good long entry.
Bullish engulfing on M5, we'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: cable27073.gif Size: 14 KB
Don't get mad, get even!
  • #285,058
  • Jul 27, 2011 1:14am Jul 27, 2011 1:14am
usdx awaiting 3 end for good 4th correction if any strength left !!
below 73.50 & 73.03 not far away .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #285,059
  • Jul 27, 2011 1:15am Jul 27, 2011 1:15am
Quoting MaryJane
Trying with an intranight short here, entry 6416 stop 6452 target 6345...
this was a lousy entry but still keeping it and added to short, still risking 1.48% (limit is 2)

double compression.. let's see
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Trade_045 2011-07-27, 08_10_38.png Size: 23 KB
Click to Enlarge Name: Trade_046 2011-07-27, 08_10_53.png Size: 23 KB
MarginTrader All Time Return: na
  • #285,060
  • Jul 27, 2011 1:27am Jul 27, 2011 1:27am
Hello, I am back from vacations.

MaryJane, nice charts, but I'm going Long at 1.6407 target 1.6427.

Have a good trading day

Josef
351 traders viewing now, 1 is registered:
F.g