Cable Update (GBPUSD) | Page 15190 | 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)

  • #303,781
  • Mar 14, 2012 9:10pm Mar 14, 2012 9:10pm
I see quite a lot dispute happening here...
this forum is suppose about sharing ideas..
not to seek the king of forex..
we all know that no one can predict price..
in my opinion..
everyone just share their ideas..
newbies are not recomended to follow..
I've seen newbies come here & complained about calls made by seniors..
Secondly, everyone is learning..
no one can say he or she already learnt everything on earth..
the universe is way to huge that Einstein & Armstrong can't even explore..
Finally, last but not least..
so what if he or she right or wrong..
what matter most is the dollar in your pocket..
let him control his own money..
and u control your own money..
WE trade because we need money..
money is comfort..
life is a process of circulation..
a man gain here & a man lose there..
U decide yourself which side u on..
Happy Trading day..
to all..
Cheers!

O'shea Ubu
I trade to live
  • #303,782
  • Mar 14, 2012 9:12pm Mar 14, 2012 9:12pm
Quoting Faller
do u call that the alligator? what kind of pattern is that?
I trade to live
  • #303,783
  • Mar 14, 2012 9:12pm Mar 14, 2012 9:12pm
here is mine(
Bought at 1.5652
Sold at 1.5653
Profit 1 pips
very nice, good price..!
  • #303,784
  • Mar 14, 2012 9:12pm Mar 14, 2012 9:12pm
Quoting Mpt
That's a basic expanding triangle. Sometimes called a "trombone" pattern. Extremely common in GJ, not so much in cable.
I trade to live
  • #303,785
  • Mar 14, 2012 9:14pm Mar 14, 2012 9:14pm
Quoting Mpt
That's a basic expanding triangle. Sometimes called a "trombone" pattern. Extremely common in GJ, not so much in cable.
Yes, I've seen other forums call this pattern. On daily GU it kind of looks like the Lochness monster right now looking at the whole screen
Come with me if you want to live....
  • #303,786
  • Mar 14, 2012 9:14pm Mar 14, 2012 9:14pm
Quoting Mpt
That's a basic expanding triangle. Sometimes called a "trombone" pattern. Extremely common in GJ, not so much in cable.

I just googled everything......can't find a thing on trombone pattern other than this....

http://bit.ly/wXH7vG
I don't trust any move - when you have profit...take it.
  • #303,787
  • Mar 14, 2012 9:14pm Mar 14, 2012 9:14pm
Quoting Jose Louis
here is mine(
Bought at 1.5652
Sold at 1.5653
Profit 1 pips

nice 1 pip (i see u wrote your pip in plural with "s")
i wonder how much worth the size of that 1 pip?
I trade to live
  • #303,788
  • Mar 14, 2012 9:18pm Mar 14, 2012 9:18pm
Quoting UbuFamily
I see quite a lot dispute happening here...
this forum is suppose about sharing ideas..
not to seek the king of forex..
we all know that no one can predict price..
in my opinion..
everyone just share their ideas..
newbies are not recomended to follow..
I've seen newbies come here & complained about calls made by seniors..
Secondly, everyone is learning..
no one can say he or she already learnt everything on earth..
the universe is way to huge that Einstein & Armstrong can't even explore..
Finally, last but not least..
so what if he or she right...
U fakking crack me up......what I want to do is take your post line by line and give a smart ass comment back (all in fun!!!) but I am toooo fakking tired.....but u still crack me up! At least I can go to bed laughing!!!!

Cheers everyone....it is just passed mid night here in the border city of Windsor, Ontario and Detroit, Michigan USA - and yes I am on the Canadian side visiting the wife's family and I am CANADIAN!!!! woot woot!

Good Night....

Faller.
I don't trust any move - when you have profit...take it.
  • #303,789
  • Mar 14, 2012 9:19pm Mar 14, 2012 9:19pm
Quoting Faller
I just googled everything......can't find a thing on trombone pattern other than this....

http://bit.ly/wXH7vG

Damned if i can either. Anyway, it's shown on this page under its normal name
  • #303,790
  • Mar 14, 2012 9:19pm Mar 14, 2012 9:19pm
Quoting Mpt
That's a basic expanding triangle. Sometimes called a "trombone" pattern. Extremely common in GJ, not so much in cable.

Comprises either 3 or 5 "legs". When those moves are complete, price moves back to the top/bottom trend line, usually retraces 50% and then continues on.
Hey Mpt, absolutely no disrespect at all mate, just my Aussie humour. I respect traders who can spot patterns as I am blind to most of them
Come with me if you want to live....
  • #303,791
  • Mar 14, 2012 9:21pm Mar 14, 2012 9:21pm
Quoting UbuFamily
I see quite a lot dispute happening here...
this forum is suppose about sharing ideas..
not to seek the king of forex..
we all know that no one can predict price..
in my opinion..
everyone just share their ideas..
newbies are not recomended to follow..
I've seen newbies come here & complained about calls made by seniors..
Secondly, everyone is learning..
no one can say he or she already learnt everything on earth..
the universe is way to huge that Einstein & Armstrong can't even explore..
Finally, last but not least..
so what if he or she right...

Are you upset that no-one has mentioned Ben Bernanke yet today?
  • #303,792
  • Mar 14, 2012 9:22pm Mar 14, 2012 9:22pm
Quoting Ill-b-back
Hey Mpt, absolutely no disrespect at all mate, just my Aussie humour. I respect traders who can spot patterns as I am blind to most of them
No worries. I come from the same place as you.
  • #303,793
  • Mar 14, 2012 9:24pm Mar 14, 2012 9:24pm
Sell EP=1.5648, SL=1.5673, TP=1.5598
Follow me on twitter @whimtradr
  • #303,794
  • Mar 14, 2012 9:26pm Mar 14, 2012 9:26pm
Quoting Mpt
Damned if i can either. Anyway, it's shown on this page under its normal name

thank u for that link....I am too tired to read it right now....but will read when I get up in 4 or 5 hours....

Cheers to all my fellow traders....

going for some shut eye now.....be back in a few hours.

Good night.....

Faller.
I don't trust any move - when you have profit...take it.
  • #303,795
  • Mar 14, 2012 9:27pm Mar 14, 2012 9:27pm
Quoting Faller
U fakking crack me up......what I want to do is take your post line by line and give a smart ass comment back (all in fun!!!) but I am toooo fakking tired.....but u still crack me up! At least I can go to bed laughing!!!!

Cheers everyone....it is just passed mid night here in the border city of Windsor, Ontario and Detroit, Michigan USA - and yes I am on the Canadian side visiting the wife's family and I am CANADIAN!!!! woot woot!

Good Night....

Faller.


Its OK Faller u can reply me back when u are AWAKE!!!

can't stop
I trade to live
  • #303,796
  • Mar 14, 2012 9:31pm Mar 14, 2012 9:31pm
Quoting Mpt
Are you upset that no-one has mentioned Ben Bernanke yet today?
NO.....u read the previos pages...u will see quarelling between good traders..
I trade to live
  • #303,797
  • Mar 14, 2012 9:33pm Mar 14, 2012 9:33pm
Ok last post....

When I got to Windsor this past Sunday I said that I would post a picture of my traveling trading setup......so here it is....


What do you all think?

Oh...the biggest monitor is the lcd tv from the hotel room!!!!

Cheers,

Faller.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20120315_003007.jpg Size: 137 KB
I don't trust any move - when you have profit...take it.
  • #303,798
  • Mar 14, 2012 11:07pm Mar 14, 2012 11:07pm
Quoting Mpt
Are you upset that no-one has mentioned Ben Bernanke yet today?
or "big boys" perhaps
  • #303,799
  • Mar 15, 2012 12:13am Mar 15, 2012 12:13am
Good morning folks
I'm feeling the hate... i should probably extend my apologies seeing that i've done so last night to some of the senior traders here....
soooo whoever might've been offended by my recent attitudes... my apologies

shall we make this a discussion thread yet again?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,800
  • Mar 15, 2012 12:18am Mar 15, 2012 12:18am
Quoting bguguen
Good morning folks
I'm feeling the hate... i should probably extend my apologies seeing that i've done so last night to some of the senior traders here....
soooo whoever might've been offended by my recent attitudes... my apologies

shall we make this a discussion thread yet again?

Yes, I'm sure that's quite possible. GU now broken and tested its prior trend line. Would guess that maybe the trend is now up, as per my previous chart pattern.

Still don't trade this thing. Only use it for confirmation of other pairs.

Best wishes
252 traders viewing now, 1 is registered: