Cable Update (GBPUSD) | Page 14822 | 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)

  • #296,421
  • Jan 3, 2012 7:04am Jan 3, 2012 7:04am
Have been watching this Gold TL for a while. Seems to be selling off with momenum and MACD on daily, weekly and monthly charts. Hitting daily support right now for a retrace up. If we get a weekly close below trendline, we could see $1100-$1000 with panic selling.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: christmas trade5.gif Size: 12 KB
Click to Enlarge Name: christmas trade6.gif Size: 11 KB
Come with me if you want to live....
  • #296,422
  • Jan 3, 2012 7:08am Jan 3, 2012 7:08am
Quoting nAVIN2007
this area should hold for my sake
it has a lot going for it
if this support goes on the DX, you should be a happy man.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 106 KB
Click to Enlarge Name: usdxw.jpg Size: 123 KB
  • #296,423
  • Jan 3, 2012 7:08am Jan 3, 2012 7:08am
Quoting Fudomyo
maybe. market's still thin right now. I'm in holiday mode still so no trades, just checking in, but 5620 would be my daily top, and EU hit the Daily channel UTL.

plenty more to come when the big boys weigh in.
uhm i have a different EU upper TL
anyway im also actually out of GU n EU.
waiting to see something clear about them

im holding a long in Eur Chf...... until 9300 holds in USD chf!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 24 KB
Click to Enlarge Name: eu2.gif Size: 18 KB
90% of traders use TA, indicators and prediction
  • #296,424
  • Jan 3, 2012 7:13am Jan 3, 2012 7:13am
Quoting nAVIN2007
this area should hold for my sake
it has a lot going for it



thanks for yur words
Thanks again , the platform using for usdx not working right now but checked my signal pair this time au , playing exaggerated but still ok & not see any reversal so soon there , 1.0379 one good place stop right now , may not hold next comes another 1.0517 , that is more turmoils may take place without any reversal sign or real attempts there & if not huge correction still in hand .

Gold hit the limit level but not broken yet to confirm it for reversal attempt also & remain intact then next level hit for 1477, so still time there to see more signs for any reversal . eu , gu broken limits not enough yet , channels may come forwards stop any preliminary attempt & all back . waiting see more signs .
will check for usdx proper when available .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd5.gif Size: 11 KB
Click to Enlarge Name: usd4.gif Size: 10 KB
Click to Enlarge Name: usd3.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,425
  • Jan 3, 2012 7:23am Jan 3, 2012 7:23am
lower wicks on the last 4 x closed monthly candles - ie failure to break downside of the prev mthly swing hi zone (prev res acting as support)

encouraging for £ bulls ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 84 KB
ex member
  • #296,426
  • Jan 3, 2012 7:24am Jan 3, 2012 7:24am
Quoting _BBKing_
uhm i have a different EU upper TL
anyway im also actually out of GU n EU.
waiting to see something clear about them

im holding a long in Eur Chf...... until 9300 holds in USD chf!
yeah, that UTL is based off the interbank feed. MT4 tends to display more false break outs, so eventually you might want to pay for a decent feed. A few years back, I was ambivalent about upgrading, but I found it paid for itself quickly.
  • #296,427
  • Edited 7:48am Jan 3, 2012 7:38am | Edited 7:48am
Quoting bbmac
lower wicks on the last 4 x closed monthly candles - ie failure to break downside of the prev mthly swing hi zone (prev res acting as support)

encouraging for £ bulls ?

G/L
Yeah thats can be good cause , lots buy activities already & supports intermediate monthly & weekly for 1.60+ more even to respire without trend change & if all ez crisis be calm down soon for this action .
weekly channel down very intact still , need breaks 5723 & 57 hard stop before .

lets see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd3.gif Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,428
  • Jan 3, 2012 7:47am Jan 3, 2012 7:47am
good time to be scalping the market, no hard signals, don't think she will hold longs much pass 1.5660 if we even get there
  • #296,429
  • Jan 3, 2012 7:47am Jan 3, 2012 7:47am
Quoting Fudomyo
fontu.... I have no idea what this means

lol

(no offense intended, just curious)
a messy line h4 tf chart with many tl drawn before in home computer to see prices at closed level , actually for correction down time & next as limit down not hit & continue up but at that time still limit at top .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,430
  • Jan 3, 2012 7:53am Jan 3, 2012 7:53am
Quoting Fudomyo
yeah, that UTL is based off the interbank feed. MT4 tends to display more false break outs, so eventually you might want to pay for a decent feed. A few years back, I was ambivalent about upgrading, but I found it paid for itself quickly.
yes i noticed you have an interbank chart!
cool!!
is it expensive?
which broker can i contact if i would be interested on it?
90% of traders use TA, indicators and prediction
  • #296,431
  • Jan 3, 2012 7:56am Jan 3, 2012 7:56am
Quoting _BBKing_
yes i noticed you have an interbank chart!
cool!!
is it expensive?
which broker can i contact if i would be interested on it?
metastock is very good. http://www.equis.com/Products/
  • #296,432
  • Jan 3, 2012 8:01am Jan 3, 2012 8:01am
Surely looks we have sdeen the bounce off the H4 fib level!! Time for the bears to growl....fingers crossed
  • #296,433
  • Jan 3, 2012 8:01am Jan 3, 2012 8:01am
Quoting Fudomyo
if this support goes on the DX, you should be a happy man.

yes this is what i am looking at..double bottom on usdx to confirm or reject trend change..hopefully this mean i see 1.65
concerning usdlfx the top resistance is the one..break this line then i will say usd trend has changed otherwise no way..this area should be tough also possible the trendline to downside has given way to the floor
be lucky folks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 67 KB
Click to Enlarge Name: chart4.jpg Size: 83 KB
  • #296,434
  • Jan 3, 2012 8:04am Jan 3, 2012 8:04am
Quoting GB_Trader
Surely looks we have sdeen the bounce off the H4 fib level!! Time for the bears to growl....fingers crossed
there growling
  • #296,435
  • Jan 3, 2012 8:09am Jan 3, 2012 8:09am
Quoting PoundTrader
there growling
:-)
  • #296,436
  • Jan 3, 2012 8:13am Jan 3, 2012 8:13am
Quoting GB_Trader
:-)
i can see daily closing a little over 1.5600 area but i think she be in the lower 1.5500 by tommorow if not lower.
  • #296,437
  • Jan 3, 2012 8:20am Jan 3, 2012 8:20am
there are a lot of good traders in here, i think most will be very good if lower there t/p, i think unless your planning on holding a trade a very long time i say take the pips, im a swing trader but my trades only last about 1.5 days, pips average per week is between 100 - 150 pips and about 3 trades a week and im done. wish all well
  • #296,438
  • Jan 3, 2012 8:24am Jan 3, 2012 8:24am
this use to be a very important tool in my trading, it gives you a little idea of what to expect once you understand in's and out' of your system.

http://www.forex-money-management.co...Calculator.xls
  • #296,439
  • Jan 3, 2012 8:24am Jan 3, 2012 8:24am
Quoting PoundTrader
metastock is very good. http://www.equis.com/Products/
ok i checked it but i see no mention about interbank market moves..
90% of traders use TA, indicators and prediction
  • #296,440
  • Jan 3, 2012 8:27am Jan 3, 2012 8:27am
Quoting _BBKing_
ok i checked it but i see no mention about interbank market moves..
what do you mean by interbank market moves, you need something to tell you the market is moving one way or the other? don't understand
495 traders viewing now