Cable Update (GBPUSD) | Page 15575 | 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)

  • #311,481
  • May 4, 2012 7:22am May 4, 2012 7:22am
Quoting nAVIN2007
I base my trades on long term projections and use mm..

like mr T say "eat meh dust"

just kidding bro!!
NAV, you had balls of steel to do this once. You then get so damn close, drop your hedge and now doing it all again. I am watching mission impossible - Ghost Protocol right now, if they decide on another mission impossible episode, I am putting you forward for an audition man.
Come with me if you want to live....
  • #311,482
  • May 4, 2012 7:24am May 4, 2012 7:24am
Not on and t/f above 1min there isn't 15m-1hr are in a classic opa range and 4hr still in a general opa uptrend with some consolidation although looking weaker and Daily still in a general opa uptrend.

G/L

Quoting 16Nov16
Best of luck. Let's hope that NFP causes some kind of movement. Cable has been range-bound since late Monday, stuck between a higher range of 1.6240-1.6190 and, more recently, between 1.6190-1.6165.

There is a clear downtrend (but I don't know yet how strong!), which started on Monday and which suggests that Cable would be rejected at 1.6215. However, there is also a very strong Uptrend (which is the way major trend since late Jan.) which commenced on April 13th and which has been battered and bruised at the 1.6165 mark over...
ex member
  • #311,483
  • May 4, 2012 7:24am May 4, 2012 7:24am
Quoting UbuFamily
ok one thing to do now. U guys turn to H1 and zoom it out until u can't see the candles shape. Now put a horizontal line on 6165. U see what I see?


Sorry I can't post my chart, in a hurry, its 5.09pm I'm driving home.

I see exactly what you see....have a line there also - it is very very important.

Good eyes!


Faller
I don't trust any move - when you have profit...take it.
  • #311,484
  • May 4, 2012 7:24am May 4, 2012 7:24am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
not at all, my target is lower however because of NFP crap ...market gives you hint in advance where it wants to go....it gave hint on EU yesterday....I am sure u r smart enought o figure it out yourself...


Quoting TauTrader
Does 1.3272 sound weird to you?

Regards
  • #311,485
  • May 4, 2012 7:26am May 4, 2012 7:26am
Prepare for LIFTOFF!
Attached Image (click to enlarge)
Click to Enlarge Name: A380_On_Ground.JPG Size: 541 KB
The only way not to think about money is to have a great deal of it
  • #311,486
  • May 4, 2012 7:29am May 4, 2012 7:29am
Quoting Bones
no
if NFP comes in and able to push GBPNZD down fast... then i might consider holding it a bit longer... right now its straining my account...
could you give me any analysis at all that will put my mind at ease with my GBPNZD shorts??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #311,487
  • May 4, 2012 7:35am May 4, 2012 7:35am
unemploymnet rate drops because people are dropping out of the work force...

also citi group forcasts that BoE will increase asset purchase facility by 50 billion.... next week.
I don't trust any move - when you have profit...take it.
  • #311,488
  • May 4, 2012 7:35am May 4, 2012 7:35am
chop half my trades for 34 pips, so if my s/l get hit still be up for the week. good luck to all
  • #311,489
  • May 4, 2012 7:36am May 4, 2012 7:36am
Quoting Makavelli7
I wount be too shocked if the big boys decide to visit 1.6150 before shooting for the stars cause lots of very juicy sell entries reside there. Its sure going to be a bloodbath!
These big boys are so wicked
The only way not to think about money is to have a great deal of it
  • #311,490
  • May 4, 2012 7:37am May 4, 2012 7:37am
Quoting Makavelli7
Prepare for LIFTOFF!
Nice :-)
The market will deceive you. Make your own judgement.
  • #311,491
  • May 4, 2012 7:39am May 4, 2012 7:39am
no point in hanging on to shorts now
  • #311,492
  • May 4, 2012 7:40am May 4, 2012 7:40am
market has not decided yet.

great spikes on all pairs up and down and then back to the same level
There shall be no QE3
  • #311,493
  • May 4, 2012 7:40am May 4, 2012 7:40am
Quoting Nachiket
no point in hanging on to shorts now
This is my base case scenario for GBP now. GBP rallies till the BoE meeting till 1.63 or 1.64 may be and then BoE comes and does QE. comes down by 300 pips straightaway.
  • #311,494
  • May 4, 2012 7:41am May 4, 2012 7:41am
Quoting Makavelli7
Prepare for LIFTOFF!
ok http://www.pic4ever.com/images/tnp.gif
  • #311,495
  • Edited 7:47am May 4, 2012 7:41am | Edited 7:47am
mixed reaction - a knee-rek rise then fall to bottom of the previous 4hr/1hr swing lo zone extending doewn to 6145 confluence 50% 6007-6300 where demand found.

@/below here:

[ 6166-58-51 prev 4hr sw hi zone incl 6163 = 61.8% 6077-6300 incl 6151 = Daily S1 @/around
[ 6164-451 prev 4hr/1hr sw lo zone
6139-31 prev 1hr minor sw lo zone incl 6135 = 23.6% 5769-6300, and 6132 = Weekly S1 @/around and 6131= 76.4% 6077-6300
6127 Daily S2 @/around
6118-11 3 fib cluster incl 6112 = Monthly Pivot @/around, and 6111= 85.4% 6077-6300
6098 38.2% 5769-6300
6095 Daily S3 @/around
6090-87-80 prev minor Daily/4hr/1hr sw lo zone
6080-75 prev 4hr/1hr sw lo zone
6071-49 prev 4hr sw hi zone
6058-48 3 fib cluster
[ 6055-24 prev minor weekly/Daily sw hi zone (non immed)
[ 6045-41-36 prev 4hr/ sw lo zone incl 6035/34 = 50% 5769-6300/38.2% 5601-6300
6019-07 prev 4hr sw lo zone
6002 61.8% 5817-6300 & Weekly S2 @/around
5995 61.8% 5805-6300
[ 5982-66 prev minor Daily/4hr sw hi zone (non-immed) incl 5971=61.8% 5769-6300
[ 5970-62-57 prev 4hr sw lo zone
5952 50% 5601-6300
[ 5935-30 ascending Daily t/f t/line on present Daily candle
[ 5932 76.4% 5817-6300
5928 Weekly S3 @/around
5926 Monthly S1 @/around
5923 76.4% 5805-6300
5910-5893 prev 4hr sw lo zone incl 5894 = 38.2% 5234-6300 and 76.4% 5769-6300
5889 85.4% 5817-6300
5879 85.4% 5805-6300
5873-60 prev 4hr sw lo zone incl 5869 = 61.8% 5601-6300
5847 85.4% 5769-6300
5824-16-03-5799 prev Daily/4hr swing lo zone (prev Weekly sw lo zone to 5803)
5796-88-5769 prev Daily/4hr sw lo zone incl 5769 = 76.4% 5601-6300 and 50% 5234-6300

Support still not broken (yet?)

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 145 KB
ex member
  • #311,496
  • May 4, 2012 7:41am May 4, 2012 7:41am
Quoting Helloguys
market has not decided yet.

great spikes on all pairs up and down and then back to the same level
QE3 is coming in June or August as I see
  • #311,497
  • May 4, 2012 7:43am May 4, 2012 7:43am
http://i48.tinypic.com/2r53y83.jpg
  • #311,498
  • May 4, 2012 7:44am May 4, 2012 7:44am
Hi BG sell NZD


Quoting bguguen
if NFP comes in and able to push GBPNZD down fast... then i might consider holding it a bit longer... right now its straining my account...
could you give me any analysis at all that will put my mind at ease with my GBPNZD shorts??
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,499
  • May 4, 2012 7:45am May 4, 2012 7:45am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
lower stops done...now lets do the high one's and rock and roll with closing where we started later in the day..

Quoting ams
Hmm so you are short...I am thinking of putting long order @ 61-6150 in 2 parts but rather go large when it spikes then now. So will wait.
  • #311,500
  • May 4, 2012 7:46am May 4, 2012 7:46am
Good night friends.

Will leave my long position and will see next week what will happen.

Good luck to all traders.

See you next week.
The market will deceive you. Make your own judgement.
517 traders viewing now