Cable Update (GBPUSD) | Page 14481 | 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)

  • #289,601
  • Sep 27, 2011 11:02am Sep 27, 2011 11:02am
Quoting _BBKing_
i would consider upper rectangle as main supply area from here..
range 5765-5840

would u sell thou above the high of the previous weekly?
  • #289,602
  • Sep 27, 2011 11:24am Sep 27, 2011 11:24am
Just some info......looking at Crude Oil - Failure to make a new high on the 5 min chart - Waiting for the Greek vote to finish - Watching this area for a short. Price could very well pop high very quickly so I am waiting for confirmation on the 15min and 60min charts. Watching dollar index at low of day........

Will post again if I enter the trade.

Faller.
Attached Image (click to enlarge)
Click to Enlarge Name: Oil Info Chart 1.jpg Size: 184 KB
I don't trust any move - when you have profit...take it.
  • #289,603
  • Sep 27, 2011 11:43am Sep 27, 2011 11:43am
Quoting nAVIN2007
would u sell thou above the high of the previous weekly?
No! That is why I sold @ 1.5701 near the previous week high, but I only see this as a retrace right now as it could not take out 1.53 and that in my eyes ensures that the bull run from 1.43ish is still intact... just! But to stay bullish, it needs to take out 1.7.

From a fundamental point of view, if we do see a double dip recession or further bad growth figures, it will be bullish for the $ I am afraid.
  • #289,604
  • Sep 27, 2011 11:47am Sep 27, 2011 11:47am
Update chart for the Pound......
Attached Image (click to enlarge)
Click to Enlarge Name: Pound Info Chart 3.jpg Size: 190 KB
I don't trust any move - when you have profit...take it.
  • #289,605
  • Sep 27, 2011 12:01pm Sep 27, 2011 12:01pm
Quoting bbakker
No! That is why I sold @ 1.5701 near the previous week high, but I only see this as a retrace right now as it could not take out 1.53 and that in my eyes ensures that the bull run from 1.43ish is still intact... just! But to stay bullish, it needs to take out 1.7.

From a fundamental point of view, if we do see a double dip recession or further bad growth figures, it will be bullish for the $ I am afraid.
its all priced in..look at the news releases u will see nearer the time that the expected is quite realistic

1.49 is a possible low but then it should build a long worse case scenero..if it breaks this then im stuffed

it will take ages..like i said ..its off a 16 month chart
  • #289,606
  • Sep 27, 2011 12:07pm Sep 27, 2011 12:07pm
Quoting Faller
Just some info......looking at Crude Oil - Failure to make a new high on the 5 min chart - Waiting for the Greek vote to finish - Watching this area for a short. Price could very well pop high very quickly so I am waiting for confirmation on the 15min and 60min charts. Watching dollar index at low of day........

Will post again if I enter the trade.

Faller.

Nothing is moving......all markets that I watch are moving sideways....very little price action. I am sitting on my hands -
I don't trust any move - when you have profit...take it.
  • #289,607
  • Sep 27, 2011 12:13pm Sep 27, 2011 12:13pm
Quoting nAVIN2007
its all priced in..look at the news releases u will see nearer the time that the expected is quite realistic

1.49 is a possible low but then it should build a long worse case scenero..if it breaks this then im stuffed

it will take ages..like i said ..its off a 16 month chart
So I assume your stop loss is ~1.48! 16 month chart? Is that one candle for every 16 months? If so, please post it for our perusal. Cheers matey!
  • #289,608
  • Sep 27, 2011 12:15pm Sep 27, 2011 12:15pm
Quoting Faller
Nothing is moving......all markets that I watch are moving sideways....very little price action. I am sitting on my hands -
You need to press the play button
  • #289,609
  • Sep 27, 2011 12:16pm Sep 27, 2011 12:16pm
Quoting bbakker
You need to press the play button

I don't watch second charts or tick charts......on the larger time frames I watch the price is moving sideways.........sure there are moves on a one minute chart..........but I will leave that to the one minute traders.
I don't trust any move - when you have profit...take it.
  • #289,610
  • Sep 27, 2011 12:22pm Sep 27, 2011 12:22pm
I am looking at the 1.579 area as an area of importance. A break above that will be 1.59 - 1.6 area. Just waiting for the charts to tell me what to do.
  • #289,611
  • Sep 27, 2011 12:24pm Sep 27, 2011 12:24pm
Quoting bbakker
So I assume your stop loss is ~1.48! 16 month chart? Is that one candle for every 16 months? If so, please post it for our perusal. Cheers matey!

stops at 1.40 area..sent u a pm
incase of a wtf moment..obviously i wont be in trade if it goes there..i hope..lol

need to see how PA reacts at these levels..ie new month opens
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.gif Size: 21 KB
  • #289,612
  • Sep 27, 2011 12:37pm Sep 27, 2011 12:37pm
potential retest of channel
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.gif Size: 25 KB
  • #289,613
  • Sep 27, 2011 12:41pm Sep 27, 2011 12:41pm
Quoting nAVIN2007
would u sell thou above the high of the previous weekly?
possible if goes there today/tomorrow

since broken downtrend channel, i will search buy levels

my prefered appears into 55 area or highest 54's
time will tell
90% of traders use TA, indicators and prediction
  • #289,614
  • Sep 27, 2011 12:42pm Sep 27, 2011 12:42pm
Quoting nAVIN2007
potential retest of channel
90% of traders use TA, indicators and prediction
  • #289,615
  • Sep 27, 2011 12:53pm Sep 27, 2011 12:53pm
Quoting _BBKing_
possible if goes there today/tomorrow

since broken downtrend channel, i will search buy levels

my prefered appears into 55 area or highest 54's
time will tell

1.57 is quite a key level..i think we may see 1.59..channel is broken and the width is roughly 93 pips..so 1.58 is on..lets see assuming channel has broken
  • #289,616
  • Sep 27, 2011 12:59pm Sep 27, 2011 12:59pm
Quoting bbakker
:

Here is a screenshot of my iPhone app and I marked off the long opportunities that I took in this uptrend on the h1 chart!
I don't have an iPhone. am using HTC hd mini,a Windows 6.1 phone.no apps to screenshot I believe.I browse this forum using mobile most of the time.so no chart from me.
  • #289,617
  • Sep 27, 2011 2:19pm Sep 27, 2011 2:19pm
Quoting nAVIN2007
stops at 1.40 area..sent u a pm
incase of a wtf moment..obviously i wont be in trade if it goes there..i hope..lol

need to see how PA reacts at these levels..ie new month opens
Cheers Nav! I have bookmarked the page as it is always nice to see the real big picture.

For others too -

Here is my short I took around 4:08 today (Note the time is around 4pm!) with comments. As Flatfish stated, time is an important factor when you trade on a daily basis

Attached Image (click to enlarge)
Click to Enlarge Name: 110927_GU_m15.png Size: 65 KB
  • #289,618
  • Sep 27, 2011 2:33pm Sep 27, 2011 2:33pm
Quoting MonsterPips
I don't have an iPhone. am using HTC hd mini,a Windows 6.1 phone.no apps to screenshot I believe.I browse this forum using mobile most of the time.so no chart from me.
No worries. It wasn't really directed at you. I am lazy and tend to post a reply to someone and then go off on a tangent for the rest of the readers of the thread.
  • #289,619
  • Sep 27, 2011 2:43pm Sep 27, 2011 2:43pm
Great post! Can you be my mentor please? I want to learn and then sell signals to get rich!

Quoting bbakker
Cheers Nav! I have bookmarked the page as it is always nice to see the real big picture.

For others too -

Here is my short I took around 4:08 today (Note the time is around 4pm!) with comments. As Flatfish stated, time is an important factor when you trade on a daily basis

Attachment
Hello.
  • #289,620
  • Sep 27, 2011 2:51pm Sep 27, 2011 2:51pm
Quoting bbakker
Cheers Nav! I have bookmarked the page as it is always nice to see the real big picture.

For others too -

Here is my short I took around 4:08 today (Note the time is around 4pm!) with comments. As Flatfish stated, time is an important factor when you trade on a daily basis

Attachment
nice entry!
looking your charts i remember how many things i learnt from you
im still unable to get a position at or near a main level. im too scared about.

here below you see what im doing: main study on a chart and same .tpl in m1 chart zoom out. after a touch in a main level the entry appears at ema crossing n pA pointing a direction.

sometimes get 15 pips.. some other 150
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 131 KB
90% of traders use TA, indicators and prediction
1,136 traders viewing now, 2 are registered:
per_pips
,