Cable Update (GBPUSD) | Page 14565 | 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)

  • #291,281
  • Oct 26, 2011 10:23am Oct 26, 2011 10:23am
yes bro. let think about technically only...

hmmm not know the exact ... say few pip before 1.6

6000-6050, unknown zone for me. once 604x/6050 broke and stay above, could be bullish

why 604x/6050 ? here my reason is ....
Quoting kaspopsicle
Yes.... Close to end week and month, wise decision.
However......big move typically results in pullback. To 15950?
Chart as posted on this thread last Sunday.
not euphoria follower
  • #291,282
  • Oct 26, 2011 10:26am Oct 26, 2011 10:26am
in my h4 chart i clearly see price called by 5860.
i don't touch it until i see action there.

if hold daily into/above that line, possible to see a quick move up
but imo.... everything is reversing here!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 41 KB
90% of traders use TA, indicators and prediction
  • #291,283
  • Oct 26, 2011 10:34am Oct 26, 2011 10:34am
what about 50 monthly fibo // 50 weekly fibo around 5791-5801 ??
Quoting _BBKing_
in my h4 chart i clearly see price called by 5860.
i don't touch it until i see action there.

if hold daily into/above that line, possible to see a quick move up
but imo.... everything is reversing here!
not euphoria follower
  • #291,284
  • Oct 26, 2011 10:36am Oct 26, 2011 10:36am
Quoting iqyu5an
yes bro. let think about technically only...

hmmm not know the exact ... say few pip before 1.6

6000-6050, unknown zone for me. once 604x/6050 broke and stay above, could be bullish

why 604x/6050 ? here my reason is ....
Wow... thats some beautiful colours and pattern and analysis... Yes i agree, but believe that 16035 ish has become pivotal for bulls. Will do charts to explain soon.
All systems of divination, like music itself,work through patterns.
  • #291,285
  • Oct 26, 2011 10:41am Oct 26, 2011 10:41am
Quoting iqyu5an
what about 50 monthly fibo // 50 weekly fibo around 5791-5801 ??
mmm not today imo.... i hope, since im planning a long near 5860!
90% of traders use TA, indicators and prediction
  • #291,286
  • Oct 26, 2011 10:43am Oct 26, 2011 10:43am
Quoting iqyu5an
yes bro. let think about technically only...
Kas and Javapips are ladies..

why you always forget that
  • #291,287
  • Oct 26, 2011 10:43am Oct 26, 2011 10:43am
So at last breaks 5900 to confirm the 5th extension is over , will wait for pullback towards 5965 for further correction .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd28.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,288
  • Oct 26, 2011 10:45am Oct 26, 2011 10:45am
Quoting Petar_Serbia
Hello guys,
I took 2 Sell positions on GBPUSD at 1.5960 and my targets are 1.5860 and 1.5720..

This is my view >

http://www.youtube.com/watch?v=rvePmZBeoJs

Cheers
Petar
Hello guys,
I placed SLs at BE and now i waiting my targets...
Cheers

Petar
"Buy on fear, sell on greed !!!
  • #291,289
  • Oct 26, 2011 10:50am Oct 26, 2011 10:50am
Quoting Rom-pom-pom
hi. got 80 pips so far. I hope they retest the level. greetings
Short trade still on. Do I hear the support level being checked out? We'll see. I hope all shorts on the pair cheered today's move.
  • #291,290
  • Oct 26, 2011 10:51am Oct 26, 2011 10:51am
whopsssssssssssss . sorry strawberry
forgot .............................


Quoting gsantri
Kas and Javapips are ladies..

why you always forget that
not euphoria follower
  • #291,291
  • Oct 26, 2011 10:51am Oct 26, 2011 10:51am
Risked 11 pips to take 125 and I'm done for the day. GL ya'll ,)
Attached Image (click to enlarge)
Click to Enlarge Name: 20111026-gbjx-22kb.jpg Size: 23 KB
  • #291,292
  • Oct 26, 2011 10:56am Oct 26, 2011 10:56am
yeah show time
  • #291,293
  • Oct 26, 2011 11:06am Oct 26, 2011 11:06am
Quoting fontu
So at last breaks 5900 to confirm the 5th extension is over , will wait for pullback towards 5965 for further correction .
fontu
what doing M5 tf , reversal with breaks confirm 5923 & 5979 limit even may not apply 5865 though from higher tf watch . any correction may lead the down again .waiting long continue till this 5923 breaks as extension one 5th may continue down towards next sr around 5843 with confirmation breaks 5989 for some long short scalping in mofu.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd28.gif Size: 6 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,294
  • Oct 26, 2011 11:10am Oct 26, 2011 11:10am
?
Attached Image (click to enlarge)
Click to Enlarge Name: pvjj91.gif Size: 16 KB
not euphoria follower
  • #291,295
  • Oct 26, 2011 11:36am Oct 26, 2011 11:36am
Quoting iqyu5an
whopsssssssssssss . sorry strawberry
forgot .............................
chart as promised...strawberry???.....better than a raspberry any day, i guess.
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX GBP_USD (DFB).png Size: 7 KB
All systems of divination, like music itself,work through patterns.
  • #291,296
  • Oct 26, 2011 11:39am Oct 26, 2011 11:39am
Quoting iqyu5an
?
yeah , test & even breaks the tl can expect next time . lets see .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,297
  • Oct 26, 2011 11:49am Oct 26, 2011 11:49am
Quoting iqyu5an
?
so you expect a move till near 5830-5800?
90% of traders use TA, indicators and prediction
  • #291,298
  • Oct 26, 2011 11:55am Oct 26, 2011 11:55am
Quoting 16Nov16
Looks like I was wrong re the strength of the 1.5950 (+/- 5 pip) S/R line.

Sold at 1.60080 and have eventually bought at 1.59776 for a 30.4-pip gain for the day. However, this was on a 1/4 strength trade (i.e. one quarter the amount that I should be trading per pip), so the actual result was a 7.6-pip gain for the day.

Goal is 50-pips per week and financial returement by the 16th Nov, 2016!!
As so often happens, the idea was right, but it took a lot longer than I planned! My original trade of 1.6008 (with a SL of 1.6070 and a TP target of 1.5915) was a good trade.

However, the whipsawing today was very difficult. Have made a few sheckels, but literally justy a few today.

I still believe that the next S/R line at 1.5860 (+/- 5 pip) is going to be very difficult to breach and, therefore, I now have a Limit Order trade as follows:

Enter 1.5880

SL 1.5840

TP 1.5950

Also, tomorrow will be another difficult day, I suspect, as the price moves between the S/R lines of 1.5905 (+/- 10 pips) and 1.5950 (+/- 5 pips).

By the way, can somebody tell me how to upload images? I am using e-Signal for my data feed and would like to upload some of the images that I have. Much obliged.
  • #291,299
  • Oct 26, 2011 12:00pm Oct 26, 2011 12:00pm
Quoting kaspopsicle
how do you do one of them?
Kaspopsicle,

Not sure that I understand your question. Would be delighted to answer if you could rephrase or expand a bit more.

Cheers.
  • #291,300
  • Oct 26, 2011 12:05pm Oct 26, 2011 12:05pm
Quoting 16Nov16
As so often happens, the idea was right, but it took a lot longer than I planned! My original trade of 1.6008 (with a SL of 1.6070 and a TP target of 1.5915) was a good trade.

However, the whipsawing today was very difficult. Have made a few sheckels, but literally justy a few today.

I still believe that the next S/R line at 1.5860 (+/- 5 pip) is going to be very difficult to breach and, therefore, I now have a Limit Order trade as follows:

Enter 1.5880

SL 1.5840


TP 1.5950

Also, tomorrow will be another difficult day, I suspect,...
Click post reply..bottom left. Click "Attachments", having saved into docs., or wherever u save stuff. Click browse. Click preview to check your post is all there ... and click post.
All systems of divination, like music itself,work through patterns.
490 traders viewing now