Cable Update (GBPUSD) | Page 14410 | 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)

  • #288,181
  • Sep 6, 2011 9:41am Sep 6, 2011 9:41am
price testing very bottom of that previous 4hr/daily swing lo zone @ 136% of 20day atr now.

G/L
ex member
  • #288,182
  • Sep 6, 2011 9:45am Sep 6, 2011 9:45am
Hello guys today was the great day for GBPCHF..
wao what the profit,
second thing is guys GBPUSD is at 1.6000 level if it didn't broke 1.5980 in 1H and not confirmed then it maybe time to Buy here..
Don't compare your Trades with Others
  • #288,183
  • Sep 6, 2011 9:50am Sep 6, 2011 9:50am
Quoting DubaiFX
Hello guys today was the great day for GBPCHF..
wao what the profit,
second thing is guys GBPUSD is at 1.6000 level if it didn't broke 1.5980 in 1H and not confirmed then it maybe time to Buy here..
it maybe the time for GBPUSD to reverse,
in smaller charts MACD is rising,
5M 15M 30M macd is above 0 and beconing negative as price falls,
it is weird to see price falling and MACD is rising,
i may wanna hold GBPUSD for 1.6200..
Stop will be 1.5950
lets se if it hold or not..
Don't compare your Trades with Others
  • #288,184
  • Sep 6, 2011 9:50am Sep 6, 2011 9:50am
Quoting gsantri
Btw I have GU final TP at 5990. 30 pips to go.
Done.
  • #288,185
  • Sep 6, 2011 10:27am Sep 6, 2011 10:27am
hello

ok, who got stopped out today?
90% of traders use TA, indicators and prediction
  • #288,186
  • Sep 6, 2011 10:35am Sep 6, 2011 10:35am
the only way is practice, practice and practice.

Quoting sagalists
Hey Guys,

I've been following this thread for quite some time. I'm still rather new to forex, will appreciate any advice from you guys here. This is my first post. I'm not sure why I'm always being stopped out early though. Because it seems that I shorted the cable quite early and was caught in the sudden long surge before it went down..

Any ideas on how not to be caught in those surge?

Thanks in advance!
  • #288,187
  • Sep 6, 2011 10:37am Sep 6, 2011 10:37am
GU seems to be exhausted but it still keeps going down...

When is it going to end?
  • #288,188
  • Sep 6, 2011 10:38am Sep 6, 2011 10:38am
my daily appears like this
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 188 KB
90% of traders use TA, indicators and prediction
  • #288,189
  • Sep 6, 2011 10:47am Sep 6, 2011 10:47am
well... i re-leave.
will come back next week
(maybe)

good luck
90% of traders use TA, indicators and prediction
  • #288,190
  • Sep 6, 2011 10:50am Sep 6, 2011 10:50am
Well spotted re old daily descending t/line BB.... Daily S3/Mthly M2 the nearest calculated pivots to current daily lo 5919 [@191% of 20day atr...- a little oversold then Lol !] Price also reached 138% fib extension of the 6110-6617 daily move

G/L

Quoting _BBKing_
my daily appears like this
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 70 KB
ex member
  • #288,191
  • Sep 6, 2011 11:00am Sep 6, 2011 11:00am
Quoting bbmac
Well spotted re old daily descending t/line BB.... Daily S3/Mthly M2 the nearest calculated pivots to current daily lo 5919 [@191% of 20day atr...- a little oversold then Lol !] Price also reached 138% fib extension of the 6110-6617 daily move

G/L
hello
yes that line was waiting a touch...
the matter is my long @6030 SL 5900

i got an heart attack between 5930 n 5920
now only a strong headache
90% of traders use TA, indicators and prediction
  • #288,192
  • Sep 6, 2011 11:02am Sep 6, 2011 11:02am
Quoting grashid
http://forex-grashid.blogspot.com/2011/09/mmm.html
..USDCHF?? mmm..gold?? mmm
  • #288,193
  • Edited 12:01pm Sep 6, 2011 11:05am | Edited 12:01pm
Cable touched the lower leg of the upper channel on daily basis, what you guys thinking is it good for long, or hold down?
  • #288,194
  • Sep 6, 2011 11:15am Sep 6, 2011 11:15am
Quoting blackout0826
Cable touched the lower leg of the upper channel on daily basis, what you guys thinking is it good for long, or how down?
wait
  • #288,195
  • Sep 6, 2011 11:24am Sep 6, 2011 11:24am
Quoting Tatbat
wait
daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: cable daily 3.gif Size: 122 KB
  • #288,196
  • Sep 6, 2011 11:25am Sep 6, 2011 11:25am
accordin to hourly charts, price has not respected anything in recent moves.

i take this as a lesson.
there is nothing which can help in forex.

no lines
no fibos
no indicators

from now on.... i will only trade based on this simple 2-3 MAs
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 78 KB
90% of traders use TA, indicators and prediction
  • #288,197
  • Sep 6, 2011 11:27am Sep 6, 2011 11:27am
Time to go up?

Attached Image (click to enlarge)
Click to Enlarge Name: 4.JPG Size: 68 KB
  • #288,198
  • Sep 6, 2011 11:30am Sep 6, 2011 11:30am
I believe there is no such thing as a free market anymore, or at least not to the extent we would believe it might be.

I am a fairly junior trader and I like to believe I had a good teacher. ;-)

Cable went bellistic today and got dumped when we all expected to go up.

My personal believe is that it won't go down more than 5850; then back up again.

Or my acc will get blown :-(

Fingers crossed.
  • #288,199
  • Sep 6, 2011 11:48am Sep 6, 2011 11:48am
Quoting _BBKing_
accordin to hourly charts, price has not respected anything in recent moves.

i take this as a lesson.
there is nothing which can help in forex.

no lines
no fibos
no indicators

from now on.... i will only trade based on this simple 2-3 MAs
no

but you are right that recent moves during these several days really respect nearly nothing
  • #288,200
  • Sep 6, 2011 11:54am Sep 6, 2011 11:54am
Quoting delorean
Time to go up?

Attachment
-
you know...from a technical point of view - yes with a tight SL

but on the other hand - last several days the price movement was really chaotic and as was already mentioned - didnīt respect nearly anything
180 traders viewing now