Cable Update (GBPUSD) | Page 14259 | 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)

  • #285,161
  • Jul 28, 2011 1:56am Jul 28, 2011 1:56am
sometimes... pip here and there like you BigBrother King
and that's green
Quoting _BBKing_
nice bro!
meanwhile im picking moves up n down..
done my day in an unusual way lolz
not euphoria follower
  • #285,162
  • Jul 28, 2011 2:03am Jul 28, 2011 2:03am
Quoting iqyu5an
yeah...we're only small chicken that big dog can eat us huh.....

trading is learning my imho ....

rgds,

*** just take small LONG for "warming up" my finger ...( dont follow )
LOL well you just may well be right buddy my original analysis was long from here all round, but had a weird gut feel to go short on cable... so i did, like i said... ive nearly died of old age waiting for it to do something!
  • #285,163
  • Jul 28, 2011 2:09am Jul 28, 2011 2:09am
papa...
send me your fried rice to me ...

( just kiddin' )

Quoting Jazznos
LOL well you just may well be right buddy my original analysis was long from here all round, but had a weird gut feel to go short on cable... so i did, like i said... ive nearly died of old age waiting for it to do something!
not euphoria follower
  • #285,164
  • Jul 28, 2011 2:12am Jul 28, 2011 2:12am
I don't like this orange line
Attached Image (click to enlarge)
Click to Enlarge Name: 11aww.png Size: 55 KB
  • #285,165
  • Jul 28, 2011 2:16am Jul 28, 2011 2:16am
Quoting iqyu5an
papa...
send me your fried rice to me ...

( just kiddin' )
LOL... actually i made butter chicken for lunch this week...YUM!
  • #285,166
  • Jul 28, 2011 2:23am Jul 28, 2011 2:23am
Quoting _BBKing_
morning,
i find price unable to close below that fibo 6100-6440 near 6320 also sup/res
in h1 is a kind of bearish flag, out of previous channel or wedge or trendline (lolz)

imho very possible to see price testing lower 50% fibo and trendline downward which contained the bullish flag before the move to 64's

this is the kind of pattern where i prefere wait, despite i see more probable the down move.
Starts looking like H&S in making to me
Attached Image (click to enlarge)
Click to Enlarge Name: cable28072.gif Size: 24 KB
Don't get mad, get even!
  • #285,167
  • Jul 28, 2011 2:24am Jul 28, 2011 2:24am
G/M,

Dark cloud cover re yesterday's daily candle at the 2nd HH in the daily uptrend (follows 2 x HL) - Bearish thrust engullfing on same eurusd candle.

4hr/daily remain in opa uptrends, 1hr bearish with 3 x LH's now. 1hr/4hr and daily 100sma's are all their 200sma's now with price above both on 4hr/daily but has slipped below 100 on 1hr.

Potential resistance/sbr to the upside shown on 1hr screenshot below with Daily Pivot @/around 6359 and Daily R1 @/around 6410: Above that 6438 Hi decsribed as;

6432-38-42 previous 1hr/4hr/daily swing hi zone with Weekly R1 @/around 6420

is:

6452-71 previous 4hr/daily swing hi zone
6480-96 previous 4hr swing hi zone
6515-46 previous 4hr/daily swing hi zone inc 76.4% 6746-5779 @ 6516, & Weekly R2 @/around 6546
6714-46 previous daily/weekly swing hi zone with 6733 = Monthly R2 @/around
6755 Weekly R3 @/around

Price testing the previous 1hr swing hi/lo zone described as;
6317-07 prev 1hr sw hi/lo zone with 6317= 38.2% 6119-6438

are potential support factors as mentioned below;

6311-02 prev 1hr sw hi zone with 76.4% 6259-6438
6296 38.2% 6068-6438
6284-73 23.6% 5779-6438, 50% 6119-6438, 38.2% 6003-6438, Daily S1 = 6279
6271-60 prev 1hr/4hr sw lo zone
6252-41 prev 4hr/daily swing hi zone, with 6252= 50% 6068-6438, 6241= 61.8% 6119-6438
6228 Daily S2 @/around
6221 50% 6003-6438
6212 Weekly Pivot @/around
6209 61.8% 6068-6438
6195-83 = prev 1hr sw hi x 2 zone with 76.4% 6119-6438 @ 6195, 38.2% 5779-6438 @ 6186


　
　
　
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 86 KB
ex member
  • #285,168
  • Jul 28, 2011 2:26am Jul 28, 2011 2:26am
Quoting fontu
update , bear still may continue next probable level 6263 with breaks & hold 6314 again .
fontu

http://www.forexfactory.com/showthre...44#post4816344
ok still & even strong but to excercise every precaution.bounce next possible .
http://www.forexfactory.com/showthre...00#post4816700
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #285,169
  • Jul 28, 2011 2:39am Jul 28, 2011 2:39am
consolidation channel on 1hr now, close up below:

some minor uk data later @ 11am London, yesterday's similar source minor uk data probably caused the last leg down with general risk aversion creeping in re U.s debt ceiling thingy.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 37 KB
ex member
  • #285,170
  • Jul 28, 2011 2:47am Jul 28, 2011 2:47am
Hidden divergence building in 4hr oscillators @ a potential HL on that t/f if price stays above 6259.

G/L
ex member
  • #285,171
  • Jul 28, 2011 3:00am Jul 28, 2011 3:00am
1hr closes as a bullish hammer right at supply zone of it's congestion channel..regular immediate bullish divergence in it's oscillators at the Lo.

So, how strong ar e the bulls - will they build from here or will risk aversion rule the day ?

G/L
ex member
  • #285,172
  • Jul 28, 2011 3:01am Jul 28, 2011 3:01am
usdx failed hold & so retracement started & can be loimited though ,6373/83

http://www.forexfactory.com/showthre...24#post4816824
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #285,173
  • Jul 28, 2011 3:10am Jul 28, 2011 3:10am
6373/83... we need to break DP first for this area. just my imho ....


Quoting fontu
usdx failed hold & so retracement started & can be loimited though ,6373/83

http://www.forexfactory.com/showthre...24#post4816824
not euphoria follower
  • #285,174
  • Jul 28, 2011 3:13am Jul 28, 2011 3:13am
Topside break out of the recent 1hr congestion channel...as previous 1hr swing lo zone around yesterday's Lo is tested and finds demand resulting in a 30min pinbar candle and a 1hr bullish hammer....regular bullish divergence 5min to 1hr at the lows and hidden divergence on the 4hr @ a potential HL on that t/f. Price testing area of daily pivot now.

Finishing here for session/day with final look at near-term 1hr.

G/L

(PS: This place is deader than usual !?)
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 84 KB
ex member
  • #285,175
  • Jul 28, 2011 3:17am Jul 28, 2011 3:17am
warming up is enough...close at +/- 30 pips, around DP.
she can go UP and can go Down ..my imho

Quoting iqyu5an
yeah...we're only small chicken that big dog can eat us huh.....

trading is learning my imho ....

rgds,

*** just take small LONG for "warming up" my finger ...( dont follow )
not euphoria follower
  • #285,176
  • Jul 28, 2011 3:21am Jul 28, 2011 3:21am
Bulls have no leg to stand on. German unemployment figures + weaker euro area retail sales. Still hope for the bears. 5 min shows engulfing bear candle.
  • #285,177
  • Jul 28, 2011 4:23am Jul 28, 2011 4:23am
Quoting GoldMan.
I don't like this orange line

Why? Right now it's a strong resistance.
  • #285,178
  • Jul 28, 2011 4:29am Jul 28, 2011 4:29am
cable is respecting the pivot line today
I wait for next close...
  • #285,179
  • Jul 28, 2011 4:30am Jul 28, 2011 4:30am
Quoting Unknownpips
Bulls have no leg to stand on. German unemployment figures + weaker euro area retail sales. Still hope for the bears. 5 min shows engulfing bear candle.
Not exactly Sterling-Dollar related fundamentals there.
Don't get mad, get even!
  • #285,180
  • Edited 4:51am Jul 28, 2011 4:38am | Edited 4:51am
next move to 627xx ? wanna see first how it reacts around 6317x

Quoting iqyu5an
First Short target hit at 1.63334.

Potential to 1.627xx to close the month but wanna see first where daily candle closed for safe.
not euphoria follower
498 traders viewing now, 3 are registered:
Mitiblotch
,
Spekulanta
,
giantino2000