Cable Update (GBPUSD) | Page 14411 | 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)

  • #288,201
  • Sep 6, 2011 12:05pm Sep 6, 2011 12:05pm
Quoting Gabriela1
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.
Yeah today is historical day, After the news earlier today that SNB capped franc to 1.20 euros, one big chunk from the free market has bitten.

On the acc issue, use stop orders and you'll sleep fine
  • #288,202
  • Sep 6, 2011 12:30pm Sep 6, 2011 12:30pm
Quoting blackout0826
Yeah today is historical day, After the news earlier today that SNB capped franc to 1.20 euros, one big chunk from the free market has bitten.

On the acc issue, use stop orders and you'll sleep fine
you'll sleep more better if use proper money management
If there was easy money lying around,no one would be forcing it into your
  • #288,203
  • Sep 6, 2011 12:46pm Sep 6, 2011 12:46pm
Look for possible bounces in this area
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-06_134411.jpg Size: 99 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #288,204
  • Sep 6, 2011 2:16pm Sep 6, 2011 2:16pm
sorry but....

did someone posted this hourly channel?

i checked some previous post but im missing from thread since last week.

anyway, this is the only thing price have respected.

ok also the ema60 in h1...

and me stupid today went long 6030 based on an old study and still asking myself what is my mistake and why price went so much down.

i need an holiday.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 101 KB
90% of traders use TA, indicators and prediction
  • #288,205
  • Sep 6, 2011 2:26pm Sep 6, 2011 2:26pm
Quoting bbmac
can see your reason for taking a long here also price dropped into a previous 4hr/daily swing lo zone...but can't help thinking you are swimming against the tide - if holding for any extended target ?

G/L with it though...anything can happen !
You are absolutely right. The fact is, however, that I rarely chase more then 20 pips per trade (my mistake not to put TP and SL in the post), and this time I was lucky enough to have my TP hit.

Thx for paying attention.
  • #288,206
  • Sep 6, 2011 2:45pm Sep 6, 2011 2:45pm
Quoting Tatbat
daily chart
i agree on the 'wait'

but with a different reason

the blue line is the same you look at
while the white one imo is the strongest....
broken when below 6000 - 5995
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 81 KB
90% of traders use TA, indicators and prediction
  • #288,207
  • Sep 6, 2011 2:59pm Sep 6, 2011 2:59pm
fresh new low
fresh new chart

5920/30/40 range i remember as demand area.

last time here price got a big challenge in this area.

now things are different.

anyway for those who look for a pullback, there is a nice 6000 round number which will need a touch. whole area 6000-6030 shall provide supply as near DP. another nice 'ex support' appears @6060

matter is : who have balls now to pick a long so near the hell?!
good luck you all hope i have been helpful
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 99 KB
90% of traders use TA, indicators and prediction
  • #288,208
  • Sep 6, 2011 3:06pm Sep 6, 2011 3:06pm
Looking 4 a long entry around 59 or little below

TP: 6050
SL: 58

dunno how low this will go first but at least 60 should def b reached soon...
  • #288,209
  • Sep 6, 2011 6:11pm Sep 6, 2011 6:11pm
Quoting _BBKing_
fresh new low
fresh new chart

5920/30/40 range i remember as demand area.

last time here price got a big challenge in this area.

now things are different.

anyway for those who look for a pullback, there is a nice 6000 round number which will need a touch. whole area 6000-6030 shall provide supply as near DP. another nice 'ex support' appears @6060

matter is : who have balls now to pick a long so near the hell?!
good luck you all hope i have been helpful
Thanks.

I think everyone is waiting now.
  • #288,210
  • Sep 6, 2011 7:20pm Sep 6, 2011 7:20pm
Morning

I am in for Long

GL
  • #288,211
  • Sep 6, 2011 8:30pm Sep 6, 2011 8:30pm
Quoting sinchan
Morning

I am in for Long

GL
Good morning.

Im hoping it would go up today. Lets see...
  • #288,212
  • Sep 6, 2011 8:45pm Sep 6, 2011 8:45pm
Why dont we all start posting charts again... like we used to do.

Its soo quiet in here...
  • #288,213
  • Sep 6, 2011 9:29pm Sep 6, 2011 9:29pm
Quoting delorean
Why dont we all start posting charts again... like we used to do.

Its soo quiet in here...
U are right Bro

sometimes I dont have mood when people joking too much without a useful post for each other
  • #288,214
  • Sep 6, 2011 9:37pm Sep 6, 2011 9:37pm
Long For Cable...??

But Let see from the Technical analysis view..

1. in the 4H TF there are 2 candle sticks have been formed as a doji, this doji mean or a sign for a reversal movement, in this case could be a bullish movement..

2. the Support Line 1.5921 is a strong Support resistance that have been failed to be broken for the previous 8 days if we calculates in the daily TF...

But who know the future..

Salam
Attached Image (click to enlarge)
Click to Enlarge Name: doji00.gif Size: 13 KB
  • #288,215
  • Sep 6, 2011 10:13pm Sep 6, 2011 10:13pm
Quoting sinchan
Long For Cable...??

But Let see from the Technical analysis view..

1. in the 4H TF there are 2 candle sticks have been formed as a doji, this doji mean or a sign for a reversal movement, in this case could be a bullish movement..

2. the Support Line 1.5921 is a strong Support resistance that have been failed to be broken for the previous 8 days if we calculates in the daily TF...

But who know the future..

Salam
Thanks
  • #288,216
  • Sep 6, 2011 10:18pm Sep 6, 2011 10:18pm
USD Index starting to move down. A good sign that GBPUSD will go up.

GU M5 chart starting to move up too... but still weak. Maybe London and NY open can give this thing a boost.

Attached Image (click to enlarge)
Click to Enlarge Name: 5.JPG Size: 47 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 54 KB
  • #288,217
  • Sep 6, 2011 11:20pm Sep 6, 2011 11:20pm
2011 Fib
.
Attached Image (click to enlarge)
Click to Enlarge Name: gu-daily-0911.gif Size: 17 KB
  • #288,218
  • Sep 6, 2011 11:42pm Sep 6, 2011 11:42pm
Quoting gsantri
2011 Fib
.
the year fib .interesting .i never used in this way .you teach me a way .
A chart helps those who can read it.
  • #288,219
  • Sep 7, 2011 12:07am Sep 7, 2011 12:07am
Quoting geniusztc
the year fib .interesting .i never used in this way .you teach me a way .
Thank you.
I'm not saying to go long from here, I'll wait until the wave get tired first. the macd ​​be rather flat.

If we refer to the pattern that occurred on July 12th, then we would expect there is still a down-move. I personally expecting bullish divergence afterward. Meanwhile, selling the rally more safer imo.

Just a little to share.
  • #288,220
  • Sep 7, 2011 12:18am Sep 7, 2011 12:18am
Quoting gsantri
Thank you.
I'm not saying to go long from here, I'll wait until the wave get tired first. the macd ​​be rather flat.

If we refer to the pattern that occurred on July 12th, then we would expect there is still a down-move. I personally expecting bullish divergence afterward. Meanwhile, selling the rally more safer imo.

Just a little to share.
Great Chart Bro

That is depend on which TF we are trading in.. and the entry

But who knows
422 traders viewing now, 1 is registered: