Cable Update (GBPUSD) | Page 15327 | 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)

  • #306,521
  • Apr 5, 2012 9:03am Apr 5, 2012 9:03am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
All other technical s & fundamentals aside -- A pretty nice little touchdown on the last Bull run originating TL.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 25 KB
  • #306,522
  • Apr 5, 2012 9:06am Apr 5, 2012 9:06am
lol ,are you Bullish ?

Quoting smikester
Sorry!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #306,523
  • Apr 5, 2012 9:09am Apr 5, 2012 9:09am
Quoting abdul_halim
Cable..
TP around 5806 ????
TP hits..

longg..
already lock +1
Attached Image (click to enlarge)
Click to Enlarge Name: lg.gif Size: 27 KB
  • #306,524
  • Apr 5, 2012 9:10am Apr 5, 2012 9:10am
Quoting Tiraje
normally when a main trendline break eventually the price will retrace back and touch the trendline back,in view of this and also considering rejection from 1.5800 area I expect a move to 1.5960-1.5990
for reference see the below chart
and also looking at Hidden bullish divergence on 5min
  • #306,525
  • Apr 5, 2012 9:13am Apr 5, 2012 9:13am
Quoting Bones
lol ,are you Bullish ?
I'm taking a long here from 1.5840. It's counter trend but I'm working off PA and it's a traditional level. See July 2011 and lots of other dates, also last month saw its power. I agree with your comment that was not a trend line, though. Maybe dynamic S/R level, but not a trend line. That is not what I'm working from.
Gone to a better place
  • #306,526
  • Apr 5, 2012 9:15am Apr 5, 2012 9:15am
Quoting abdul_halim
TP hits..

longg..
already lock +1
Abdul. try and leave some pips for others, please...
Gone to a better place
  • #306,527
  • Apr 5, 2012 9:18am Apr 5, 2012 9:18am
I see a good pivot 5800 ,I think daily says down


Quoting smikester
I'm taking a long here from 1.5840. It's counter trend but I'm working off PA and it's a traditional level. See July 2011 and lots of other dates, also last month saw its power. I agree with your comment that was not a trend line, though. Maybe dynamic S/R level, but not a trend line. That is not what I'm working from.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 5-4-12 d1 no 2.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #306,528
  • Apr 5, 2012 9:23am Apr 5, 2012 9:23am
Quoting smikester
Abdul. try and leave some pips for others, please...
  • #306,529
  • Apr 5, 2012 9:25am Apr 5, 2012 9:25am
Quoting Bones
I see a good pivot 5800 ,I think daily says down
I agree.
Gone to a better place
  • #306,530
  • Apr 5, 2012 9:27am Apr 5, 2012 9:27am
this is the extension that i'm talking about.. i have cleared all my positions in all pairs since we have big day tomorrow.. averaging just over 1k pips.

if that 4h closed as a doji candle, i would go for bull..
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 44 KB
  • #306,531
  • Apr 5, 2012 9:38am Apr 5, 2012 9:38am
Quoting Bones
I see a good pivot 5800 ,I think daily says down
Tony! how's it going?
Thank You
  • #306,532
  • Apr 5, 2012 9:41am Apr 5, 2012 9:41am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
It's likely traders have left the 5800 handle on the table for a reason today. Today's tease @ 5805 could leave the door open for this low to be reached tomorrow leaving us with a double bottom to drink about this weekend.
  • #306,533
  • Apr 5, 2012 9:42am Apr 5, 2012 9:42am
Quoting eggs
It's likely traders have left the 5800 handle on the table for a reason today. Today's tease @ 5805 could leave the door open for this low to be reached tomorrow leaving us with a double bottom to drink about this weekend.
Double bottom? I'd have whatever it is you're smokin matey
Thank You
  • #306,534
  • Apr 5, 2012 9:44am Apr 5, 2012 9:44am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting wormboy
Double bottom? I'd have whatever it is you're smokin matey
I guess you would -- any other takers? -- I mean tokers
  • #306,535
  • Apr 5, 2012 9:48am Apr 5, 2012 9:48am
i'm siding with navin right now.. long entered at 5825 based on consolidation in 1h with stop at 5800, a picking bottom position..

navin, we're going 1.73 eh mate... lol...
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 44 KB
  • #306,536
  • Apr 5, 2012 9:56am Apr 5, 2012 9:56am
@ eggs: Well I know what you're saying but I'm thinking any more trading is scuppered today. Have a good holiday weekend everyone.
Gone to a better place
  • #306,537
  • Apr 5, 2012 9:58am Apr 5, 2012 9:58am
Some interesting posts here this morning -

Would be nice if people were more accurate with showing when they entered and exited a trade though.......

I only posted one comment very early this morning....here it is....


http://www.forexfactory.com/showthre...89#post5544889

Hope everyone was actually as successful as they say they were -

I wish everyone a Happy Easter - and if you do not celebrate Easter....enjoy the days off! We work hard for our money......

Peace -

Faller.
I don't trust any move - when you have profit...take it.
  • #306,538
  • Apr 5, 2012 9:58am Apr 5, 2012 9:58am
Quoting smikester
@ eggs: Well I know what you're saying but I'm thinking any more trading is scuppered today. Have a good holiday weekend everyone.
You too mike have a good one!
Thank You
  • #306,539
  • Apr 5, 2012 9:59am Apr 5, 2012 9:59am
Hi Azim ,im cool how you been ? kind of missing your posts over on your thread ??



Quoting wormboy
Tony! how's it going?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #306,540
  • Apr 5, 2012 10:03am Apr 5, 2012 10:03am
Quoting Faller
Some interesting posts here this morning -

Would be nice if people were more accurate with showing when they entered and exited a trade though.......

I only posted one comment very early this morning....here it is....


http://www.forexfactory.com/showthre...89#post5544889

Hope everyone was actually as successful as they say they were -

I wish everyone a Happy Easter - and if you do not celebrate Easter....enjoy the days off! We work hard for our money......

Peace -

Faller.
you too mate..
294 traders viewing now, 1 is registered:
Gbpusdfreakk