Cable Update (GBPUSD) | Page 14860 | 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)

  • #297,181
  • Jan 10, 2012 5:26am Jan 10, 2012 5:26am
Quoting Fudomyo
hey mate,

if this trade goes on long enough, you'll have to start adjusting for yearly inflation.

USDX bouncing on the 50%. if this area doesn't hold, 80 test is on the table.

slow news day zzz

yur telling me..damn but its all good so long as the levels hold..it can only go the other way

usd strength reduce but didnt think cable strength would follow ..lol (madness)
  • #297,182
  • Jan 10, 2012 6:27am Jan 10, 2012 6:27am
here shown what im waitin for:
a stronger and clear breaking above that area.
if does not happen soon.... we can easy go again near 5430 and if things goes wrong, again in 53 area.

i think we will breake up, but with my thoughts i dont get money!
i wait to reload another position.
just my 2 cents!

meanwhile i try some scalps

edit: the "end of the week" line, is just for me to see where in hourly chart i will have the end of the week. it is not because it is more probable to see price there.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 96 KB
90% of traders use TA, indicators and prediction
  • #297,183
  • Jan 10, 2012 6:34am Jan 10, 2012 6:34am
Quoting _BBKing_
here shown what im waitin for:
a stronger and clear breaking above that area.
if does not happen soon.... we can easy go again near 5430 and if things goes wrong, again in 53 area.

i think we will breake up, but with my thoughts i dont get money!
i wait to reload another position.
just my 2 cents!

meanwhile i try some scalps

edit: the "end of the week" line, is just for me to see where in hourly chart i will have the end of the week. it is not because it is more probable to see price there.
Looking like bullish continuation. Holding 5425 long for 5660 for now
Come with me if you want to live....
  • #297,184
  • Edited 7:04am Jan 10, 2012 6:43am | Edited 7:04am
Quoting nAVIN2007
yur telling me..damn but its all good so long as the levels hold..it can only go the other way

usd strength reduce but didnt think cable strength would follow ..lol (madness)
well, GU is like the third friend between USD and EUR who doesn't know which side to pick sometimes.

At least Cameron stood up about the Tobin tax to Sarcozy and Merkel. There's no way it will be uniformly applied globally, so that was a smart response. Considering the amount of GDP the City brings in, it would be economic suicide for GB to consider it.

In terms of long term views, it could take a while to hit 1.700 (perhaps later 2012) if history repeats itself.

we should test the channel UTL at R2 5516 a bit sooner if we crack the 50% line.
Attached Image (click to enlarge)
Click to Enlarge Name: Carry Chart.jpg Size: 114 KB
Attached File(s)
File Type: zip Carry Chart.zip   125 KB | 314 downloads
  • #297,185
  • Jan 10, 2012 7:03am Jan 10, 2012 7:03am
Quoting Fudomyo
well, GU is like the third friend between USD and EUR who doesn't know which side to pick sometimes.

At least Cameron stood up about the Tobin tax to Sarcozy and Merkel. There's no way it will be uniformly applied globally, so that was a smart response. Considering the amount of GDP the City brings in, it would be economic suicide for GB to consider it.

In terms of long term views, it could take a while to hit 1.700 if history repeats itself.

we should test the channel UTL at R2 5516 a bit sooner if we crack the 50% line.

the way i see it..it should take whole of this month..looking fr body of monthly to be enclosed into the previous..then it should be primed..the longer it takes the more upside potential..thats what im looking at 1.7 would be a gift for me..i only want 1.65

to close out profitable..then i can move on..i give it till april otherwise my ass is on the plate
  • #297,186
  • Jan 10, 2012 7:10am Jan 10, 2012 7:10am
Quoting nAVIN2007
might be a bear flag..man i hope it isnt
will wait to see ,but back to see gold, as currencies within limit but gold broken top so far & next limit goes 1641.15 , extreme restless investors perhaps due some reason .better take the tea to see what to do next .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,187
  • Jan 10, 2012 7:12am Jan 10, 2012 7:12am
Quoting fontu
will wait to see ,but after sleep I am seeing gold as currencies within limit but gold broken top so far & next limit goes 1641.15 , extreme resless investors perhaps due some reason .better take the tea to see what to do next .

fontu

i warned people about that trendline..on gold, no way was that not going to be defended i see potential 300 pips more on gold b4 obstacle
  • #297,188
  • Jan 10, 2012 7:15am Jan 10, 2012 7:15am
Quoting Ill-b-back
Looking like bullish continuation. Holding 5425 long for 5660 for now

5425 actually looks a good entry!
i posted that chart to share what im looking for, since im not into a long position yet

a clear breaking up of whole that pattern will surely be a good thing for those who already in! but for my method taking a position now when things are not clearly showing a breake up, is worst thing to do!
meanwhile, scalping allowed
90% of traders use TA, indicators and prediction
  • #297,189
  • Jan 10, 2012 7:18am Jan 10, 2012 7:18am
Quoting _BBKing_
5425 actually looks a good entry!
i posted that chart to share what im looking for, since im not into a long position yet

a clear breaking up of whole that pattern will surely be a good thing for those who already in! but for my method taking a position now when things are not clearly showing a breake up, is worst thing to do!
meanwhile, scalping allowed

that flag pattern is looking very respected best to wait for a breakout..should be a good trade either way..
  • #297,190
  • Edited 8:05am Jan 10, 2012 7:45am | Edited 8:05am
Quoting nAVIN2007
i warned people about that trendline..on gold, no way was that not going to be defended i see potential 300 pips more on gold b4 obstacle
Ok , turned potential risky & so watching this gold if breaks the top now or not , if so then others may retreat topside turmoils more , gu seeing in channel still .gold may be the different best though .
jpy & chf still neutral but jpy may take action next , uj seeing for .

fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 11 KB
Click to Enlarge Name: gu5.gif Size: 10 KB
Click to Enlarge Name: gu3.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,191
  • Edited Jan 11, 2012 12:17am Jan 10, 2012 7:50am | Edited Jan 11, 2012 12:17am
Quoting nAVIN2007
the way i see it..it should take whole of this month..looking fr body of monthly to be enclosed into the previous..then it should be primed..the longer it takes the more upside potential..thats what im looking at 1.7 would be a gift for me..i only want 1.65

to close out profitable..then i can move on..i give it till april otherwise my ass is on the plate
That would be an amazing thing to see!

hey...if it does that, I'll join you for the ride up and take the rest of the year off!

looking at the relative and actual strength on the pair, we haven't reversed yet, so we may have a bit further to travel before that happens.

let's see.
  • #297,192
  • Jan 10, 2012 8:11am Jan 10, 2012 8:11am
primary indication gold failing break top but need breaks further 1633+35 to confirmation , last 1627 now & next 22 & 15 & so scalping mode currencies in start short .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,193
  • Jan 10, 2012 8:29am Jan 10, 2012 8:29am
downtrend line in h4 is very near....
c'mon, breake it!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 18 KB
90% of traders use TA, indicators and prediction
  • #297,194
  • Jan 10, 2012 8:31am Jan 10, 2012 8:31am
Quoting nAVIN2007
that flag pattern is looking very respected best to wait for a breakout..should be a good trade either way..
yes since im not into it i wait it to move
hopefully won't go straight 200 pips up or down without giving an entry point
90% of traders use TA, indicators and prediction
  • #297,195
  • Jan 10, 2012 9:01am Jan 10, 2012 9:01am
Up moves on the daily are extremely weak. Gbp index is still headed south. I'm still short
  • #297,196
  • Jan 10, 2012 9:01am Jan 10, 2012 9:01am
i have 5506 as monthly opening price.
is it correct?
90% of traders use TA, indicators and prediction
  • #297,197
  • Jan 10, 2012 9:03am Jan 10, 2012 9:03am
Quoting _BBKing_
i have 5506 as monthly opening price.
is it correct?
then is 5520
so 5506-5520 = lol
lets see
90% of traders use TA, indicators and prediction
  • #297,198
  • Jan 10, 2012 9:23am Jan 10, 2012 9:23am
Quoting _BBKing_
downtrend line in h4 is very near....
c'mon, breake it!
ok at top channel but gold not giving further good signal with breaks 1627 & 22 yet , scalping short at time for few pips & off but can't hold any yet . better wait more time for the decision . talking upside breaks , let it go opposite expected again > too great as the decision then . waiting .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,199
  • Jan 10, 2012 9:30am Jan 10, 2012 9:30am
Quoting fontu
ok at top channel but gold not giving further good signal with breaks 1627 & 22 yet , scalping short at time for few pips & off but can't hold any yet . better wait more time for the decision .
fontu

kathy lein update:-
Fed Pres Williams, Edwards, George all speaking today - expect acknowledgment of data improvement but keeping door open on more easing
  • #297,200
  • Jan 10, 2012 9:37am Jan 10, 2012 9:37am
Entered short @ 1.54856, as it failed to break through todays current high, can see it flying south this afternoon. SL @ BE now. Not set a profit target yet, looking at 5428 or 5376 ish.
Attached Image (click to enlarge)
Click to Enlarge Name: shorttoday.jpg Size: 92 KB
509 traders viewing now, 2 are registered:
,