Cable Update (GBPUSD) | Page 15431 | 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)

  • #308,601
  • Apr 17, 2012 11:17am Apr 17, 2012 11:17am
Quoting A-speculator
good day to you too.. i see..

well i think that is because i try to catch every swing and until recently i feel tired on catching every swing, but we are in a range and not yet develop a clear trend so i have no choice..

i really hope that in the near future, we will have a clear trend so that i can swing this trade..
Good day,

I have the same "problem". 1000 pips down is sticking in my head.

Gotta get a grip

Trade well, my friend
  • #308,602
  • Apr 17, 2012 11:19am Apr 17, 2012 11:19am
Quoting smikester
Thank you and I wouldn't have expected anything less from you Fudomyo because your answer is excellent, as usual. These are odd times and I admit QE and risk on/off equations make the longer term fundamentals difficult but CB intervention has always been a factor and not to accept that is not to be a trader. You only have to glance at the charts to see they are being difficult. But a lot of the "liquidity" that gave us our recent bubbles should never have been there, it was manufactured wasn't it?

I think what bbmac and I are getting fed up of...
i think new traders usually will think like that, i had the same thinking too 8 years ago.. but eventually i think they will develop and know the real reason on the movement of the price once they get better on their trades.. well, normally in the public forum like this, we always have somebody new that will introduce ideas like this.. we cannot do anything about that mate..
  • #308,603
  • Apr 17, 2012 11:24am Apr 17, 2012 11:24am
Quoting TauTrader
Good day,

I have the same "problem". 1000 pips down is sticking in my head.

Gotta get a grip

Trade well, my friend
good day to you too,

lol..

yeah, hopefully.. hope we can see breakout of 5800 as the first indication of continuation of the DT and then the breakout of 5600..
  • #308,604
  • Apr 17, 2012 11:27am Apr 17, 2012 11:27am
Will GBP.USD follow GBP.CAD? Very similar charts....GBP.USD is just lagging at the moment....any comments? 200 pips difference between these two pairs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp.usd.png Size: 95 KB
Click to Enlarge Name: gbp.cad.png Size: 71 KB
I don't trust any move - when you have profit...take it.
  • #308,605
  • Apr 17, 2012 11:31am Apr 17, 2012 11:31am
We face a plenty of data tomorrow which mean cast off range 15800-1.6000.
  • #308,606
  • Apr 17, 2012 11:36am Apr 17, 2012 11:36am
Quoting Faller
Will GBP.USD follow GBP.CAD? Very similar charts....GBP.USD is just lagging at the moment....any comments? 200 pips difference between these two pairs.
good day to you,

hope you slept well...

Don't know... but GU is due lower. Short at present. Could be a Massive bull trap. Just cautious on the "pendant" like formation current on the 30 min.

Thanks for the charts.

All success
  • #308,607
  • Apr 17, 2012 11:37am Apr 17, 2012 11:37am
Even with the past two days UP Thrusts.....I look at the daily and see further sideways price action. Then I look down below on my chart and I see the Stochastics nor Macd budged to the upside during the past two days.....when price moves but stochastics and macd do not move with it....my experience says that price will continue in the direction that both stochastics and macd are pointing. In this case down......
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.usd daily.png Size: 57 KB
I don't trust any move - when you have profit...take it.
  • #308,608
  • Apr 17, 2012 11:42am Apr 17, 2012 11:42am
Final chart - this is the 4 hour pound futures chart - again - price is dropping on the last two candles while stochastics and macd are pointing up and are stretched out into the overbought area......look left on the chart and you can see that each time this happened there was a very nice move down.
Attached Image (click to enlarge)
Click to Enlarge Name: divergence.png Size: 77 KB
I don't trust any move - when you have profit...take it.
  • #308,609
  • Apr 17, 2012 11:52am Apr 17, 2012 11:52am
Quoting Faller
Final chart - this is the 4 hour pound futures chart - again - price is dropping on the last two candles while stochastics and macd are pointing up and are stretched out into the overbought area......look left on the chart and you can see that each time this happened there was a very nice move down.
nice one faller
I trade to live
  • #308,610
  • Apr 17, 2012 11:59am Apr 17, 2012 11:59am
Good evening,

Promise to self - 17/4/2012

Never use the F word again.

See tomorrow

Regards
  • #308,611
  • Apr 17, 2012 12:13pm Apr 17, 2012 12:13pm
Quoting TauTrader
Good evening,

Promise to self - 17/4/2012

Never use the F word again.

See tomorrow

Regards

such a humble man u are, I recall never heard u said F before..

when was it?

by the way, are u an intraday trader as well?
I trade to live
  • #308,612
  • Apr 17, 2012 12:16pm Apr 17, 2012 12:16pm
Quoting Fudomyo
Sorry to disappoint you.

I'm an old trader.

I was trading in the 80's. I cut my teeth in the Solomon days during the debt spree, and traded the crash straight to the bone. Bought gold at the bottom in 09 and am still holding Yen shorts off the top.

Don't judge what you don't know.
wow... with all respect, can I call u grandpa?

joking
I trade to live
  • #308,613
  • Apr 17, 2012 12:23pm Apr 17, 2012 12:23pm
Quoting UbuFamily
such a humble man u are, I recall never heard u said F before..

when was it?

by the way, are u an intraday trader as well?
Good day to you,

Thank you for your post. Said the F word a few posts back. Not important.

I trade anything - really. Scalp for 5 or 10 here and there. Trade off 30 min chart - but look at 15 min, 1hr and 4hr. See when I next post my chart - the trades will be on there. 100 pips for me is a big trade.

Thank you for your interest.

Your trading style?

Regards
  • #308,614
  • Apr 17, 2012 12:26pm Apr 17, 2012 12:26pm
Good day,

Really going to bed now - PA telling me foot on the other shoe.

Dropper

Regards
  • #308,615
  • Apr 17, 2012 12:30pm Apr 17, 2012 12:30pm
Quoting TauTrader
Good day to you,

Thank you for your post. Said the F word a few posts back. Not important.

I trade anything - really. Scalp for 5 or 10 here and there. Trade off 30 min chart - but look at 15 min, 1hr and 4hr. See when I next post my chart - the trades will be on there. 100 pips for me is a big trade.

Thank you for your interest.

Your trading style?

Regards
Similar with yours...especially the pips taking...but I closed every trades at the end of the day...no brought forward... yes 100 is a bonus for me..

Are u doing full time forex trading?
I trade to live
  • #308,616
  • Apr 17, 2012 12:32pm Apr 17, 2012 12:32pm
Quoting TauTrader
Good day,

Really going to bed now - PA telling me foot on the other shoe.

Dropper

Regards
sleep well new buddy
I trade to live
  • #308,617
  • Apr 17, 2012 12:37pm Apr 17, 2012 12:37pm
Quoting Fudomyo
lol... not yet.

age is a state of mind.

My 50 is most people's 25.
Is that a poem?

are u a real japanese? because I heard the japanese lifestyle makes the people looked young...Really? :nerd:
I trade to live
  • #308,618
  • Apr 17, 2012 12:41pm Apr 17, 2012 12:41pm
Quoting Fudomyo
Sorry to disappoint you.

I'm an old trader.

I was trading in the 80's. I cut my teeth in the Solomon days during the debt spree, and traded the crash straight through. Bought gold at the bottom and am still holding Yen shorts off the top.

Don't judge what you don't know.

Anything you or I say here is irrelevant. Just look at you charts and I'll look at mine and we'll each make our own money from what we see.

Deal?

I never went at you because I don't attack people's shortcomings or mistakes here.

Is better that way.
i'm sorry mate, i don't get your point..

i'm just saying that there will always somebody that will bring up the ideas.. and it's up to the seniors to guide them..

and we couldn't do anything if someone might came up with the ideas (usually someone new to trading)..
  • #308,619
  • Apr 17, 2012 12:45pm Apr 17, 2012 12:45pm
Quoting Fudomyo
lol... give me another 20 years or so.
lol u deleted your previous post...

anyway by adding 20 year to become grandpa, I think it would be easier to guess your current age...ha ha


Good night Fudomyo and the rest here

off to bed
I trade to live
  • #308,620
  • Apr 17, 2012 12:50pm Apr 17, 2012 12:50pm
you guys see a drop around 1.5825 - 1.5790 by tommrow
187 traders viewing now, 2 are registered:
lina26
,
rryzerggg