Cable Update (GBPUSD) | Page 14363 | 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)

  • #287,241
  • Aug 25, 2011 4:30am Aug 25, 2011 4:30am
new PRZ in m5 GU
Quoting iqyu5an
another case : GU M5 - once PRZ broken
Attached Image (click to enlarge)
Click to Enlarge Name: m5.gif Size: 23 KB
not euphoria follower
  • #287,242
  • Aug 25, 2011 4:33am Aug 25, 2011 4:33am
it will pullback from 1.6330 or 1.6300 up to 1.6448
  • #287,243
  • Aug 25, 2011 4:33am Aug 25, 2011 4:33am
HI,

To my mind a good position to go long is 1,6299 - 1,6274, in worst scenario 1,6235
  • #287,244
  • Aug 25, 2011 4:35am Aug 25, 2011 4:35am
VSA ?
Quoting bluebulluk
I don't use indicators, candlesticks or harmonic patterns on charts they are all switched off, the only information i display on a chart is volume so there wouldn't be any point in posting it, sorry.
not euphoria follower
  • #287,245
  • Aug 25, 2011 4:40am Aug 25, 2011 4:40am
Quoting bluebulluk
I don't use indicators, candlesticks or harmonic patterns on charts they are all switched off, the only information i display on a chart is volume so there wouldn't be any point in posting it, sorry.
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 99 KB
  • #287,246
  • Aug 25, 2011 4:44am Aug 25, 2011 4:44am
Quoting bluebulluk
No, it will go down not up.
True. But after it hit support around 6320-6300, it should continue with the up trend. Dont you think so?

Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 96 KB
  • #287,247
  • Aug 25, 2011 4:46am Aug 25, 2011 4:46am
Quoting iqyu5an
VSA ?
No it's not VSA, VSA is far to complicated for me!

Basically I just pick a direction which I think the market will go, if i get it wrong i draw down more lots at points of high volume. As the market always retraces the higher lots allow me to close out all the positions in profit. Because of this I don't use a stoploss.

I don't know if anybody else is doing this but I guess you could call it volume basket trading.

The reason I switch off candlesticks / price action is because I do not want to be influenced by other traders, my strategy works well enough for me to completely ignore other traders.
  • #287,248
  • Aug 25, 2011 4:52am Aug 25, 2011 4:52am
Quoting delorean
True. But after it hit support around 6320-6300, it should continue with the up trend. Dont you think so?

Attachment

not necessarily..one thing i was looking at this week is a breakout..tomorrow is friday and if usd breaks out..this range will likely be the scenero

its interesting..have a look at the chart
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 87 KB
  • #287,249
  • Aug 25, 2011 4:56am Aug 25, 2011 4:56am
Quoting bluebulluk
No it's not VSA, VSA is far to complicated for me!

Basically I just pick a direction which I think the market will go, if i get it wrong i draw down more lots at points of high volume. As the market always retraces the higher lots allow me to close out all the positions in profit. Because of this I don't use a stoploss.

I don't know if anybody else is doing this but I guess you could call it volume basket trading.

The reason I switch off candlesticks / price action is because I do not want to be influenced by other traders, my strategy works...
Good for you. Bottom line is that as long as you make money isnt it?

How many pips loss can you take before a margin call?
  • #287,250
  • Aug 25, 2011 5:01am Aug 25, 2011 5:01am
Quoting nAVIN2007
not necessarily..one thing i was looking at this week is a breakout..tomorrow is friday and if usd breaks out..this range will likely be the scenero

its interesting..have a look at the chart
That can happen.

Is that bottom line on 6100?
  • #287,251
  • Aug 25, 2011 5:02am Aug 25, 2011 5:02am
Quoting delorean
Good for you. Bottom line is that as long as you make money isnt it?

How many pips loss can you take before a margin call?
I trade 0.01 lots and drawing on the volume is very acurate for me. My max DD stays low thanks to this.

If you realy are interested in looking I do share my trading here:

http://www.myfxbook.com/members/leer...es-live/141252
  • #287,252
  • Aug 25, 2011 5:12am Aug 25, 2011 5:12am
Quoting delorean
That can happen.

Is that bottom line on 6100?

yeah
  • #287,253
  • Aug 25, 2011 5:14am Aug 25, 2011 5:14am
For these two weeks I always drew with the market.... now I lost around 30 pips....
any suggestion... its difficult to predict the market for me...

I use Bollinger, EMA, and MACD,, but its kind a useless...
~,~a

any ideas????
Golden Goose Return This Month: na
  • #287,254
  • Aug 25, 2011 5:14am Aug 25, 2011 5:14am
intraday option expiry in GBPUSD seen at 1.6390

Regards,
London Trader
Discomfort and profit often stand side by side
  • #287,255
  • Aug 25, 2011 5:19am Aug 25, 2011 5:19am
Quoting bluebulluk
I trade 0.01 lots and drawing on the volume is very acurate for me. My max DD stays low thanks to this.

If you realy are interested in looking I do share my trading here:

http://www.myfxbook.com/members/leer...es-live/141252
good stuff
  • #287,256
  • Aug 25, 2011 6:08am Aug 25, 2011 6:08am
BoE`s Weale says banks are in much better position than in 2008 to deail with turmoil

LT
Discomfort and profit often stand side by side
  • #287,257
  • Aug 25, 2011 6:34am Aug 25, 2011 6:34am
small range for gbp/usd for this time of the day 50 pips range almost half days London session!!!
  • #287,258
  • Aug 25, 2011 6:56am Aug 25, 2011 6:56am
Quoting LondonTrader
intraday option expiry in GBPUSD seen at 1.6390

Regards,
London Trader

whats that mean?..
  • #287,259
  • Aug 25, 2011 8:02am Aug 25, 2011 8:02am
hello guys!
as i said im taking some days of relax.

surely im relaxing from GBP, that's why it is in a so closed range, she miss my lots

be ready... imho won't stay so quiet whole day!! mostly today!


good luck you all!
90% of traders use TA, indicators and prediction
  • #287,260
  • Aug 25, 2011 8:07am Aug 25, 2011 8:07am
Quoting _BBKing_
hello guys!
as i said im taking some days of relax.

surely im relaxing from GBP, that's why it is in a so closed range, she miss my lots

be ready... imho won't stay so quiet whole day!! mostly today!


good luck you all!
market i missing and waiting for u to board the train
266 traders viewing now