Cable Update (GBPUSD) | Page 15118 | 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)

  • #302,341
  • Mar 6, 2012 2:59am Mar 6, 2012 2:59am
stopped out @be while sleeping.
i missed the opportunity to short.
oh well
lets see what will go on today....

busy morning, will begin trading into NY
90% of traders use TA, indicators and prediction
  • #302,342
  • Mar 6, 2012 3:03am Mar 6, 2012 3:03am
Quoting Tsar
Out...
Confirm with Fibo 38.2% and Evening Star Sign H1.
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #302,343
  • Mar 6, 2012 3:14am Mar 6, 2012 3:14am
G/M

Mildly bullish day yesterday in the end and another subdued pip range < 20 day atr. The day's PA resulted in a bullish hammer candle on the daily (of sorts)..whilst 76.4% 5720-5991 contained the downside, 50% of the 5974-5794 contained the upside...and there has been a sell-off from there that has continued in the early London session witha current 5811 daily low.

To the immediate downside of price:

5811 Current Daily low.
5805-00 4hr/1hr ascending t/line coming thru on this 1hr current candle incl 5805 = Daily S1 @/around
5793-84 prev 4hr/1hr sw lo zone incl 5784 76.4% 5720-5991
5778 61.8% 5637-5991
5775-65 Dly/4hr ascending t/line coming thru on this current 4hr candle
5760 85.4% 5720-5991
5757 Weekly S1 @/around
5754 76.4% 5681-5991
5752-47 prev minor 1hr sw hi zone incl 5749 = Daily S2 @/around
5732-26-19 prev 4hr/1hr sw lo zone & prev 4hr minor sw hi zone incl 5728 = 76.4% 5637-5991, 5726 = 85.4% 5681-5991, and 5714 = Daily S3 @/around
5712 Monthly S1 @/around
5702/5697 2 x fibs incl 38.2% 5234-5991
5688-80 prev 1hr sw hi/lo zone incl 5681 = Weekly S2 @/around
5655-47-43 prev Dly/4hr/1hr sw lo zone / prev Dly/4hr sw hi zone
5628-22 prev 4hr minor sw hi zone (non immed)
5612 50% 5234-5991
5565 Weekly S3 @/around
5554-29 prev 4hr sw lo x 2 zone
5523 61.8% 5234-5991
5504 Monthly S2 @/around

G/L
　
　
　
　
ex member
  • #302,344
  • Edited 4:02am Mar 6, 2012 3:47am | Edited 4:02am
The Correct Place to landing...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2012-03-06_Cable in H1 in TL.jpg Size: 332 KB
Click to Enlarge Name: 2012-03-06_Cable in H4 in TL.jpg Size: 310 KB
Always looking the GREAT, never left GOOD Point...
  • #302,345
  • Mar 6, 2012 3:52am Mar 6, 2012 3:52am
Quoting honeybhi
wp at 1.5872 and 30 min below.
Nice rejection from WP .

This area being tested for 3rd time. can it hold ??
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.jpg Size: 83 KB
  • #302,346
  • Mar 6, 2012 4:01am Mar 6, 2012 4:01am
Quoting honeybhi
Nice rejection from WP .

This area being tested for 3rd time. can it hold ??
Time will tell...
Always looking the GREAT, never left GOOD Point...
  • #302,347
  • Mar 6, 2012 4:11am Mar 6, 2012 4:11am
Quoting abdul_halim
cable..
TP close manually
update...
Attached Image (click to enlarge)
Click to Enlarge Name: updtegu.gif Size: 66 KB
  • #302,348
  • Mar 6, 2012 4:13am Mar 6, 2012 4:13am
Quoting Tsar
Time will tell...
Forget time , look at charts and PA for a clue.
  • #302,349
  • Mar 6, 2012 4:23am Mar 6, 2012 4:23am
Quoting honeybhi
Forget time , look at charts and PA for a clue.
Hi honeybhi,

Thank's so much give Information...


Best Regards,
Tsar
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-03-02_Cable H4 and PA.jpg Size: 312 KB
Always looking the GREAT, never left GOOD Point...
  • #302,350
  • Mar 6, 2012 4:30am Mar 6, 2012 4:30am
price movement at 124pip hi-lo so far today is aleday at 116% of it's 20 day atr - shows the pip contraction in ranges lately ! Anyways, further leg down and now a LL on 4hr, - ie from the 5991 HH we have seen a HL, LH, L, LH and now this LL...on the daily price made a 1st break out of that recent 5927-5643 range and has come back inside that range off that 5991 high.

Weekly S1 / 85.4% 5720-5991 at the current daily lo.

Will there be a 2nd upside b/o of that 5927-5643 daily range ?

G/L
ex member
  • #302,351
  • Mar 6, 2012 4:55am Mar 6, 2012 4:55am
...classic patterns of bullish div to 5min at the low...1min regular seq, 3/5min reg immed...3min shown below as eg.

How strong are the bears ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 70 KB
ex member
  • #302,352
  • Mar 6, 2012 5:22am Mar 6, 2012 5:22am
Quoting bbmac
...classic patterns of bullish div to 5min at the low...1min regular seq, 3/5min reg immed...3min shown below as eg.

How strong are the bears ?

G/L
around 5736
Just my opinion...
  • #302,353
  • Mar 6, 2012 5:27am Mar 6, 2012 5:27am
Quoting abdul_halim
update...
got green huh..
  • #302,354
  • Mar 6, 2012 5:29am Mar 6, 2012 5:29am
Quoting abdul_halim
around 5736
Just my opinion...
chart..
Attached Image (click to enlarge)
Click to Enlarge Name: h4.jpg Size: 165 KB
  • #302,355
  • Mar 6, 2012 5:29am Mar 6, 2012 5:29am
Quoting gsantri
got green huh..
  • #302,356
  • Mar 6, 2012 5:36am Mar 6, 2012 5:36am
Quoting abdul_halim
chart..
Bro could you post H4 chart with your macd pls..
  • #302,357
  • Mar 6, 2012 5:52am Mar 6, 2012 5:52am
my Calculation 1.5755... only for this Day
Btw... Who know Market want ?

Quoting abdul_halim
around 5736
Just my opinion...
Quoting bbmac
...classic patterns of bullish div to 5min at the low...1min regular seq, 3/5min reg immed...3min shown below as eg.

How strong are the bears ?

G/L
Always looking the GREAT, never left GOOD Point...
  • #302,358
  • Mar 6, 2012 6:03am Mar 6, 2012 6:03am
Quoting gsantri
Bro could you post H4 chart with your macd pls..
No make Post for Chart ?

ID.
Wheee... Nongol bentar buat minta doang, Bro ?
Always looking the GREAT, never left GOOD Point...
  • #302,359
  • Mar 6, 2012 6:34am Mar 6, 2012 6:34am
Quoting Tsar
my Calculation 1.5755... only for this Day
Btw... Who know Market want ?
Doji Candle in H1 Chart
So far so good...
Always looking the GREAT, never left GOOD Point...
  • #302,360
  • Mar 6, 2012 6:42am Mar 6, 2012 6:42am
Quoting Donny_aw
What I meant is that picture showed a bullish patterns. Please understand that I am not meaning that next GU is in bullish nor bearish move.

Donny
328 traders viewing now