Cable Update (GBPUSD) | Page 14622 | 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)

  • #292,421
  • Nov 13, 2011 11:27pm Nov 13, 2011 11:27pm
Quoting fontu
Though not in trade gu last week , seems strikingly still up at the pullack level perhaps due with the intervention in friday & who know if continue so direct without any correction! limit down for correction 5954 , at base of the intervention if taken place before further up good try if actually upside .again breaks 6061 , same as eu 3747 correction to do before or over to finish up leg if any , because doubtfull even with strong upthrust last weekend not neccessary carried out next and C over for a correction can suffice . .
anyway still looking...
Morning , so the same better shit in gu also , both gap up & gu much better of with double top & short now both towards the base of the last spike & may to watch for breaks to down target .
all ok with no further intervention & likely to , why this ? me only doing the buy sell of own product , never ne profitable if no mass support continued & must end in exhausttion & loss huge .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd2.gif Size: 10 KB
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #292,422
  • Nov 13, 2011 11:46pm Nov 13, 2011 11:46pm
Quoting gsantri
Trying short
.
I think short should be fine till about 1.6000-1.6020. I'm short too (fiber & cable) but small amount & in very2 cautious mode..
  • #292,423
  • Nov 13, 2011 11:46pm Nov 13, 2011 11:46pm
Quoting twinsummit
Based on my analysis,GU is currently in H4 sideways.Last friday,it create diamond pattern in H1.I would only enter trade once it break the previous HighLow H4.


Twinsummit
ok, no diamond at top now , 3 drives up possible with h1 close 6052 if possible , otherwise huge break through candle h4 tf , the offender tf for this huge unusual correction this time.
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd1.gif Size: 8 KB
Click to Enlarge Name: usd2.gif Size: 7 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #292,424
  • Nov 13, 2011 11:56pm Nov 13, 2011 11:56pm
Quoting fontu
ok, no diamond at top now , 3 drives up possible with h1 close 6052 if possible , otherwise huge break through candle h4 tf , the offender tf for this huge unusual correction this time.
fontu
imho, as long as swissy in pressure, it will bring upeu and eventually gu.. that's my 2 cents.

I trade this counter trend move, in a lot of caution..
  • #292,425
  • Nov 14, 2011 12:10am Nov 14, 2011 12:10am
Quoting A-speculator
imho, as long as swissy in pressure, it will bring upeu and eventually gu.. that's my 2 cents.

I trade this counter trend move, in a lot of caution..
ok , wait for confirmation breakout then for bull .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd2.gif Size: 7 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #292,426
  • Nov 14, 2011 12:58am Nov 14, 2011 12:58am
2/3 taken for 21 pips, stop at BE now

EDIT: and stopped out. Still hold pending sell limit @ 6087. SL 6100.

Quoting A-speculator
I think short should be fine till about 1.6000-1.6020. I'm short too (fiber & cable) but small amount & in very2 cautious mode..
  • #292,427
  • Nov 14, 2011 1:16am Nov 14, 2011 1:16am
Quoting kaspopsicle
as i said a couple of weeks ago...bulls reside at 16035. Same chart, same LTL as 2 weeks ago.Price has moved..( oh my gosh) A push though 16145 would confirm bulls into play ...imo.... Meanwhile, back to scalpers heaven.

i agree!
pick and run is best actually at least until london shows where money goes
90% of traders use TA, indicators and prediction
  • #292,428
  • Nov 14, 2011 1:19am Nov 14, 2011 1:19am
still flat.... waiting more discount both in (gbp or euro) AND usd side


Quoting _BBKing_
i agree!
pick and run is best actually at least until london shows where money goes
not euphoria follower
  • #292,429
  • Nov 14, 2011 1:19am Nov 14, 2011 1:19am
Quoting TauTrader
Good day to you,

Closing here for loss. Sitting aside to see what she wants to do. I see a possible continuation higher so limiting exposure here.

Will post chart later as things clear.

Regards and trade well
morning
gosh i still have 2 shorts open since friday.
covered half loss by some lucky scalps.
i hold them until i see a strong move above daily open near 6090.
90% of traders use TA, indicators and prediction
  • #292,430
  • Nov 14, 2011 1:20am Nov 14, 2011 1:20am
heloow mr GS,

***

untung wae jelema tehh...bagi bagi ateuhhhhh


Quoting gsantri
2/3 taken for 21 pips, stop at BE now

EDIT: and stopped out. Still hold pending sell limit @ 6087. SL 6100.
not euphoria follower
  • #292,431
  • Nov 14, 2011 1:22am Nov 14, 2011 1:22am
what is doing usdx in this meanwhile?!
90% of traders use TA, indicators and prediction
  • #292,432
  • Nov 14, 2011 1:29am Nov 14, 2011 1:29am
Quoting _BBKing_
morning
gosh i still have 2 shorts open since friday.
covered half loss by some lucky scalps.
i hold them until i see a strong move above daily open near 6090.
Good day to you,

Only buying dips now. Was silly shorting GU on Friday - still believe we will continue higher here first - possibly 1.6130 to 1.6140. But 1.6084/5 is monthly open - will see what price does there....

Be safe

Regards
  • #292,433
  • Nov 14, 2011 1:33am Nov 14, 2011 1:33am
...was down in SA and Namibia over September. Was going to call in, but then realized that I have no idea who you are, or where you live, so didn't, obviously.

Enjoyed some very nice BBQs and Game over the three weeks there, and no, the meat on the Braai was not from any game shot - prefer to watch the game, not shoot it.

Hope all is well with you.

No charts - have a plane to catch in a couple of hours - but still contend that Cable will want to see 1.64, as discussed last week, Of course, we have some ominous statements to come this week from the BoE etcetera, so who the hell knows.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #292,434
  • Nov 14, 2011 1:39am Nov 14, 2011 1:39am
Quoting 45Condor
...was down in SA and Namibia over September. Was going to call in, but then realized that I have no idea who you are, or where you live, so didn't, obviously.

Enjoyed some very nice BBQs and Game over the three weeks there, and no, the meat on the Braai was not from any game shot - prefer to watch the game, not shoot it.

Hope all is well with you.

No charts - have a plane to catch in a couple of hours - but still contend that Cable will want to see 1.64, as discussed last week, Of course, we have some ominous statements to come this week...
Good day to you, Sir!

Tip of Africa is special - hoped you enjoyed!

Take care

Warm regards
  • #292,435
  • Nov 14, 2011 1:39am Nov 14, 2011 1:39am
Quoting TauTrader
Good day to you,

Only buying dips now. Was silly shorting GU on Friday - still believe we will continue higher here first - possibly 1.6130 to 1.6140. But 1.6084/5 is monthly open - will see what price does there....

Be safe

Regards

yes i have been crazy shortin it friday!
just like it was my second trading day in my life
my last hope is a move now at london opening time near 6020-30 DP before more up. if happens will take the opportunity to close with less loss.
looks like im praying
90% of traders use TA, indicators and prediction
  • #292,436
  • Nov 14, 2011 1:45am Nov 14, 2011 1:45am
Quoting iqyu5an
heloow mr GS,

***

untung wae jelema tehh...bagi bagi ateuhhhhh

I was just lucky
  • #292,437
  • Nov 14, 2011 1:46am Nov 14, 2011 1:46am
what im asking myself is:
has GBP fundamental reasons to get price GU above 61 to go for higher area 62 n 63?
90% of traders use TA, indicators and prediction
  • #292,438
  • Nov 14, 2011 1:55am Nov 14, 2011 1:55am
Quoting _BBKing_
yes i have been crazy shortin it friday!
just like it was my second trading day in my life
my last hope is a move now at london opening time near 6020-30 DP before more up. if happens will take the opportunity to close with less loss.
looks like im praying

closed 1 short @BE
90% of traders use TA, indicators and prediction
  • #292,439
  • Nov 14, 2011 2:11am Nov 14, 2011 2:11am
Quoting _BBKing_
yes i have been crazy shortin it friday!
just like it was my second trading day in my life
my last hope is a move now at london opening time near 6020-30 DP before more up. if happens will take the opportunity to close with less loss.
looks like im praying

coming from an heavy and stupid loss to a small loss is already a good profit imo.
i closed whole shorts i now wait an opportunity
90% of traders use TA, indicators and prediction
  • #292,440
  • Nov 14, 2011 2:23am Nov 14, 2011 2:23am
G/M

price has pulled back off Friday's 6092 Hi to 38.2% of the 5895-6092 move / @/around the daily pivot/weekly pivot. Above here as below:

6061-57 prev 1hr sw lo zone
6069-74 prev 1hr sw hi zone
6108-19 prev hr sw hi zone
6120-29 prev 1hr/4hr sw hi zone and prev daily swing lo zone (non immed)
6142 Daily R1 @/around
[ 6146-65 prev 1hr/4hr/minor daily swing hi zone
[ 6163-6206 prev 4hr sw hi zone incl 6173 = 76.4% 6454-5270 and 6175 = Weekly R1 @/around, 6181=61.8% 6746-5270
6214 = Daily R2 @/around
6229-6253 previous minor 4hr swing hi zone
6240-77 prev daily swing lo zone (non-immed)
6283 Weekly R2 @/around
6300 76.4% 6617-5270
6321-33 prev minor 4hr swing hi zone
6339 Daily R3 @/around
6395/97 Monthly R1 @/around / 76.4% 6746-5270
6426-53 prev 4hr/daily swing lo/hi zone incl 6437 = Weekly R3 @/around

To the immediate downside as the current near-term 1hr chart below...Daily S1 is @/around 5944, Weekly S1 @/around 5913

G/L
　
　
　
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 115 KB
ex member
1,332 traders viewing now