Cable Update (GBPUSD) | Page 15217 | 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)

  • #304,321
  • Mar 20, 2012 8:37pm Mar 20, 2012 8:37pm
Quoting Faller
I have been watching the 1/10 of a second chart and I am concerned about the price action I see.......can anyone help with that?

I think you'll get a much clearer idea on the 1 micro second chart. It's very bullish.

But, discounting what the 1 micro second chart says, it's still possible that cable is only forming a "pennant" continuation signal
  • #304,322
  • Mar 20, 2012 8:40pm Mar 20, 2012 8:40pm
Quoting Faller
I have been watching the 1/10 of a second chart and I am concerned about the price action I see.......can anyone help with that?
I only use MT4 do can't comment. I don't even know if you are being serious with your concern here.
Come with me if you want to live....
  • #304,323
  • Mar 20, 2012 8:42pm Mar 20, 2012 8:42pm
Quoting Ill-b-back
I only use MT4 do can't comment. I don't even know if you are being serious with your concern here.

I can break the candle sticks down into any fraction possible......and that is true.

But truely.....I am just having fun here......when I break the candle sticks down that much....my computer really chuggs trying to calculate the data!!!!!!!
I don't trust any move - when you have profit...take it.
  • #304,324
  • Mar 20, 2012 8:44pm Mar 20, 2012 8:44pm
Quoting A-speculator
i have a modest target per week of at least 10% profit per week mate.. i don't go very aggressive nowadays, trying to enjoy sometime beside doing trading 24/5..

i believe that the more exposure you have in the market, the more chances you're ought to be wrong.. i don't know about you, but i think 10% per week is enough, not to mention if you have it compounded for a year..
Sounds enough to me dude. I live in Australia so cannot commit much time to trading, so focus on higher TF and look at chart situation at close of each day, place trade and forget it (when following my system). When I don't have a system set up you will see me in here going on with all kinds of weird analysis which I will now stop as it doesn't do anyone any good and I am only indulging myself.
Come with me if you want to live....
  • #304,325
  • Mar 20, 2012 8:46pm Mar 20, 2012 8:46pm
Personally.....

I have been watching a lot of pairs drop from the sky.....Aud is one that really took it on the chin from yesterday.....

And I have been watching the USD dollar......

The moves in Cable of been lagging -

But I do see selling come in at certain levels with cable....

time will tell which way it wants to go....
I don't trust any move - when you have profit...take it.
  • #304,326
  • Mar 20, 2012 8:47pm Mar 20, 2012 8:47pm
I would go x eyed I am sure. Must go, client awaits been great fun at quiet time. Thank you all
Come with me if you want to live....
  • #304,327
  • Mar 20, 2012 8:48pm Mar 20, 2012 8:48pm
Quoting Faller
Got your PM.....I still luv you man....please forgive me if my comments were out of character.

Luv ya....in a man kind of way...

Cheers...

Faller.
Glad to see this
I trade to live
  • #304,328
  • Mar 20, 2012 8:49pm Mar 20, 2012 8:49pm
This what i meant in my previous post. There are two real possibilities. Up or Down. What more do you want. LOL

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 66 KB
  • #304,329
  • Mar 20, 2012 8:54pm Mar 20, 2012 8:54pm
Quoting Mpt
This what i meant in my previous post. There are two real possibilities. Up or Down. What more do you want. LOL

Attachment

I pick down because you have 2 lines above price action currently....so it will be hard for price to move up because of those 2 lines.

??????
I don't trust any move - when you have profit...take it.
  • #304,330
  • Mar 20, 2012 8:56pm Mar 20, 2012 8:56pm
Quoting Faller
I pick down because you have 2 lines above price action currently....so it will be hard for price to move up because of those 2 lines.

??????
I guess we'll do what we do a lot of. Wait.
  • #304,331
  • Mar 20, 2012 8:56pm Mar 20, 2012 8:56pm
Quoting Faller
Personally.....

I have been watching a lot of pairs drop from the sky.....Aud is one that really took it on the chin from yesterday.....

And I have been watching the USD dollar......

The moves in Cable of been lagging -

But I do see selling come in at certain levels with cable....

time will tell which way it wants to go....
i think it's just a rebound in aussie that drive the pair up, my resistance level for aussie is at 0545 which is about 35pips from current price.. looking for aussie to change direction at the mentioned price level.
  • #304,332
  • Mar 20, 2012 8:59pm Mar 20, 2012 8:59pm
Quoting Ill-b-back
Hey Speculator how's things? I turn a blind eye to other pairs, it confuses me. If she goes north, buy stop will catch it but pa looks bearish, anyway. If she grabs my buy stop then heads south again, well, you know the drill
Aha that's what we call stop hunting...just like Bguguen said...anyway, where the heck is Bguguen?? Didn't see him here since last week where the shocking up-spike came...Hmmm...
I trade to live
  • #304,333
  • Mar 20, 2012 9:59pm Mar 20, 2012 9:59pm
ermmm.. stayed aside for cable but trying short fiber 3280 with stops at 3295.. lol. the stop is placed just above the previous swing high in 4h..
  • #304,334
  • Mar 20, 2012 10:05pm Mar 20, 2012 10:05pm
Watch out for nAV if this thing busts north, he's been stewing on this long for a loooooong time, sum emotions gunna give
Come with me if you want to live....
  • #304,335
  • Mar 20, 2012 10:08pm Mar 20, 2012 10:08pm
Quoting Ill-b-back
Watch out for nAV if this thing busts north, he's been stewing on this long for a loooooong time, sum emotions gunna give
i think as long as the aussie is limited below 0545, i think cable will trade below the cluster resistance of sub 5900.. imho.
  • #304,336
  • Mar 20, 2012 10:13pm Mar 20, 2012 10:13pm
Quoting A-speculator
i think as long as the aussie is limited below 0545, i think cable will trade below the cluster resistance of sub 5900.. imho.
You mean the cluster made yesterday? Sorry, not at charts, just getting rates off phone.
Come with me if you want to live....
  • #304,337
  • Mar 20, 2012 10:15pm Mar 20, 2012 10:15pm
Quoting Ill-b-back
You mean the cluster made yesterday? Sorry, not at charts, just getting rates off phone.
the all time cluster resistance if you look at daily.. the resistance level for the range of ~5900-5625.. it is the support turned resistance from oct last year...
  • #304,338
  • Mar 20, 2012 10:32pm Mar 20, 2012 10:32pm
Quoting A-speculator
the all time cluster resistance if you look at daily.. the resistance level for the range of ~5900-5625.. it is the support turned resistance from oct last year...
Right, just managed to get onto fx street charts. I see we have mpts diamond spike, let's see.
Come with me if you want to live....
  • #304,339
  • Mar 20, 2012 10:32pm Mar 20, 2012 10:32pm
there my chart.. the larger fibo is taken from the larger wave and smaller one is from the latest downtrend. as you can see we are actually in a range and there are 2 resistance level for the price to break upwards which is the previous high and the 23 fibo area.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 35 KB
  • #304,340
  • Mar 20, 2012 10:38pm Mar 20, 2012 10:38pm
Quoting A-speculator
there my chart.. the larger fibo is taken from the larger wave and smaller one is from the latest downtrend. as you can see we are actually in a range and there are 2 resistance level for the price to break upwards which is the previous high and the 23 fibo area.

many many respects.....we all look at different things.....but wholly fak!!!!!

lots of colors man!!!!!!!!!!!!!!!!!
I don't trust any move - when you have profit...take it.
178 traders viewing now, 1 is registered: