Cable Update (GBPUSD) | Page 15262 | 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)

  • #305,221
  • Mar 29, 2012 2:53am Mar 29, 2012 2:53am
Quoting Rasi
That would be great news for the short position I hold at present . Unfortunately, my crystal ball looks very cloudy so who knows? However, on balance (based on some bad economic data) it should go down a little.

All the best
Definition of a little? If it goes down...
My ball is a little cloudy 2 (not ichi )
Come with me if you want to live....
  • #305,222
  • Mar 29, 2012 2:54am Mar 29, 2012 2:54am
Quoting A-speculator
mate, i think you are being biased on that analysis mate.. regarding the aussie, if you look at 4h, we have lower high.. the bottom is not yet completed.. taking the high as the basis of analysis, i think we might see lower low basing by the higher TF.

It's dangerous if you are biased towards 1 direction, and put value to the price.. what i mean is in a bearish market, how low is too low? sorry mate if i offended you in any way, just expressing my thoughts..
Aussie is sitting on a support confluence here, so it may take a bit of work. No bias until it's resolved. If this level does go, 10200 area, then parity.
Attached Image (click to enlarge)
Click to Enlarge Name: AU.png Size: 150 KB
  • #305,223
  • Mar 29, 2012 2:56am Mar 29, 2012 2:56am
Quoting A-speculator
mate, i think you are being biased on that analysis mate.. regarding the aussie, if you look at 4h, we have lower high.. the bottom is not yet completed.. taking the high as the basis of analysis, i think we might see lower low basing by the higher TF.

It's dangerous if you are biased towards 1 direction, and put value to the price.. what i mean is in a bearish market, how low is too low? sorry mate if i offended you in any way, just expressing my thoughts..
offended?! why?!?! hehehe
anyway i said.... AU is looking for a bottom, but not confirmed yet...

edit: IMo today will be very nice to see where will prices go against USD! GU 5930 while writing...
90% of traders use TA, indicators and prediction
  • #305,224
  • Mar 29, 2012 2:56am Mar 29, 2012 2:56am
what i see m15

Quoting iqyu5an
added 2 new long position at around 60 monthly fibo after soft rejection ( +/- 150 pips in 3 days ) at monthly high .

pullback or what next ....never know

1 cent
Attached Image (click to enlarge)
Click to Enlarge Name: pvj322.gif Size: 13 KB
not euphoria follower
  • #305,225
  • Mar 29, 2012 2:57am Mar 29, 2012 2:57am
Quoting Fudomyo
Aussie is sitting on a support confluence here. so it may take a bit of work. If this level goes, 10200 area, then parity.
yups, i think aussie might retrace back to the 100% before continuation..
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.gif Size: 31 KB
  • #305,226
  • Mar 29, 2012 2:59am Mar 29, 2012 2:59am
Quoting _BBKing_
offended?! why?!?! hehehe
anyway i said.... AU is looking for a bottom, but not confirmed yet...

edit: IMo today will be very nice to see where will prices go against USD! GU 5930 while writing...
I do like him but he needs to realise we look at the individual indexes so we have a quite accurate view of strength assuming we can read a chart

bless him thou
  • #305,227
  • Mar 29, 2012 3:05am Mar 29, 2012 3:05am
Quoting _BBKing_
offended?! why?!?! hehehe
anyway i said.... AU is looking for a bottom, but not confirmed yet...

edit: IMo today will be very nice to see where will prices go against USD! GU 5930 while writing...
4h still has not closed above 5925 mate, don't get overexcited just yet.. imho, atm the hurdle for bulls are 5925 and 6000.. if bulls failed to closed above 5925, then cable highly unlikely able to trade above that said price.. imho.
  • #305,228
  • Mar 29, 2012 3:05am Mar 29, 2012 3:05am
Quoting Rasi
That would be great news for the short position I hold at present . Unfortunately, my crystal ball looks very cloudy so who knows? However, on balance (based on some bad economic data) it should go down a little.

All the best
We will know soon enough I suppose.
But fairdinkum, I wouldn't be surprised if it tanked to 56, then shot up to 6130, seems to be the way with the GU lately.
Attached Image (click to enlarge)
Click to Enlarge Name: trades2.gif Size: 16 KB
Come with me if you want to live....
  • #305,229
  • Mar 29, 2012 3:06am Mar 29, 2012 3:06am
Quoting nAVIN2007
I do like him but he needs to realise we look at the individual indexes so we have a quite accurate view of strength assuming we can read a chart

bless him thou
pardon me mate, i don't get your point..
  • #305,230
  • Mar 29, 2012 3:08am Mar 29, 2012 3:08am
Quoting A-speculator
pardon me mate, i don't get your point..

u look at the different currencies to see where cable and other perhaps may go..i look at the all..via the indexes

the index is far more accurate measure
  • #305,231
  • Mar 29, 2012 3:12am Mar 29, 2012 3:12am
Good morning everyone....here is a tid bit....

Market talk of the BIS on the offer in GBP/USD - Unconfirmed

FX Commentary
I don't trust any move - when you have profit...take it.
  • #305,232
  • Mar 29, 2012 3:12am Mar 29, 2012 3:12am
Quoting nAVIN2007
u look at the difference currencies to see where cable and other perhaps may go..i look at the all..via the indexes

the index is far more accurate measure
i see.. i look into dx,s&p,ftse,cl,xau and all others too.. you didn't expect me to write all about it, did you? i don't want the newcomers to get confused and i expect the senior have their own trading system..

anyway, fx pairs are readily available to all platform, unlike the indices, commodities, etc...
  • #305,233
  • Mar 29, 2012 3:14am Mar 29, 2012 3:14am
Quoting Faller
Good morning everyone....here is a tid bit....

Market talk of the BIS on the offer in GBP/USD - Unconfirmed

FX Commentary
Hey dude, you made some good pips yesterday
Sorry, what does the above mean?
Come with me if you want to live....
  • #305,234
  • Mar 29, 2012 3:16am Mar 29, 2012 3:16am
Quoting Fudomyo
Aussie is sitting on a support confluence here, so it may take a bit of work. No bias until it's resolved. If this level does go, 10200 area, then parity.
hello fudomyo,
long time no see
another thing i notice in AU is as shown in chart:
many would think on a double top. not me.
i saw so many times this thing reversing up like a rocket. and indeed h4 chart (since h1 would be too large) shows not a very good downmove.
smell like corrections in crosspairs..
Attached Images
90% of traders use TA, indicators and prediction
  • #305,235
  • Mar 29, 2012 3:19am Mar 29, 2012 3:19am
Quoting _BBKing_
hello fudomyo,
long time no see
another thing i notice in AU is as shown in chart:
many would think on a double top. not me.
i saw so many times this thing reversing up like a rocket. and indeed h4 chart (since h1 would be too large) shows not a very good downmove.
smell like corrections in crosspairs..

hidden bullish diverence on 4hr as well
  • #305,236
  • Mar 29, 2012 3:20am Mar 29, 2012 3:20am
Quoting A-speculator
4h still has not closed above 5925 mate, don't get overexcited just yet.. imho, atm the hurdle for bulls are 5925 and 6000.. if bulls failed to closed above 5925, then cable highly unlikely able to trade above that said price.. imho.
i also look a lot in h4 charts but not to take the close price as indication.
i have 5 brokers installed here (demo+real) and i have 3 different h4 closing times.... some say that one is better than the other, but i prefer look to other things.
for what i see, fx pro h4 will close in 40minutes.... while the other 2 h4 brokers have a lot of time left until closing time.
90% of traders use TA, indicators and prediction
  • #305,237
  • Mar 29, 2012 3:22am Mar 29, 2012 3:22am
Quoting A-speculator
mate, i think you are being biased on that analysis mate.. regarding the aussie, if you look at 4h, we have lower high.. the bottom is not yet completed.. taking the high as the basis of analysis, i think we might see lower low basing by the higher TF.

It's dangerous if you are biased towards 1 direction, and put value to the price.. what i mean is in a bearish market, how low is too low? sorry mate if i offended you in any way, just expressing my thoughts..
Do you still remember how cable break high from 4H trend few week ago?
i think it's more complicated than you thought.... two group of bullish based and bearish based make argue war right now.... Both of them having very reasonable analysis. Hopefully your argument not just beacuse of justification of your trade postition....some time if u have a postition it will affect how you analyse the chart infront of you....try to learn from you all, as daily trader all of your analysis very valuable and i appreciate that...good luck guys, it will be more news both from UK and US side, we will see how it will be reflected by cable movement.....
After floated for almost 1 day now some lot begin to show some green pips....i prefer bullish right now...

Based on the H1 chart, the bull still on the track, i will try to stay long instead of daily as usual....
Good luck my friend...
Attached Image (click to enlarge)
Click to Enlarge Name: H1 chart.png Size: 229 KB
  • #305,238
  • Mar 29, 2012 3:23am Mar 29, 2012 3:23am
Quoting A-speculator
i see.. i look into dx,s&p,ftse,cl,xau and all others too.. you didn't expect me to write all about it, did you? i don't want the newcomers to get confused and i expect the senior have their own trading system..

anyway, fx pairs are readily available to all platform, unlike the indices, commodities, etc...
ok
  • #305,239
  • Mar 29, 2012 3:23am Mar 29, 2012 3:23am
Quoting _BBKing_
i also look a lot in h4 charts but not to take the close price as indication.
i have 5 brokers installed here (demo+real) and i have 3 different h4 closing times.... some say that one is better than the other, but i prefer look to other things.
for what i see, fx pro h4 will close in 40minutes.... while the other 2 h4 brokers have a lot of time left until closing time.
wow.. i didn't think to use that method mate.. how's the result in decision making of having different brokers and different closing time?
  • #305,240
  • Mar 29, 2012 3:24am Mar 29, 2012 3:24am
Quoting Ill-b-back
Hey dude, you made some good pips yesterday
Sorry, what does the above mean?

Thanks....yesterday was a good entry and exit.

As for my post today here is a link for what the BIS Bank for International Settlements is

http://en.wikipedia.org/wiki/Bank_fo...al_Settlements

and again.....it is just information....use it as you see fit.

Cheers,

Faller.
I don't trust any move - when you have profit...take it.
274 traders viewing now