Cable Update (GBPUSD) | Page 15634 | 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)

  • #312,661
  • May 11, 2012 1:24am May 11, 2012 1:24am
A break of 1.6090 would break the HH, HL pattern of the last few days, would turn bearish at that point and increase the odds of breaking the support area around 1.6060.

Test of 1.6000, rising trend line for the year and 61.8 fib area of the big move up during April could be happening today!
Attached Image (click to enlarge)
Click to Enlarge Name: 11-05-2012 07-23-39.jpg Size: 304 KB
  • #312,662
  • May 11, 2012 1:26am May 11, 2012 1:26am
Quoting Avir
You are welcome!
yes it is a butiful sunny day here, i just closed a small position from 6123 TP hit at 6101. getting ready to go to work now will be back just before PPI news.
GLhttp://www.forexfactory.com/images/icons/icon14.gif



Have a nice day!
I trade to live
  • #312,663
  • May 11, 2012 1:32am May 11, 2012 1:32am
Anyone else gonna straddle the report with limit orders?
  • #312,664
  • May 11, 2012 1:33am May 11, 2012 1:33am
Something to share,

Attached Image (click to enlarge)
Click to Enlarge Name: huhu.gif Size: 19 KB


If ucad open and closed above the yellow line (1.0000), I felt save for a short trade (not scalp), which closed in green.

If ucad open and closed below the yellow line, I doubt making any trade (either short or long). Hence, I turn to scalp which is not frequent for me to execute.

edit: only for this consolidation period
I trade to live
  • #312,665
  • May 11, 2012 1:39am May 11, 2012 1:39am
Look, after kissed 1.6100, the cable bounced 15 pips, if it continuing go north....pending short order under 1.6115 area as important resistance will be suffering for sure....it is enough to describe how tricky cable is.......but we will see, now we will see how strong this bear will be..
  • #312,666
  • May 11, 2012 1:42am May 11, 2012 1:42am
Quoting UbuFamily
Something to share,

Attachment

If ucad open and closed above the yellow line (1.0000), I felt save for a short trade (not scalp), which closed in green.

If ucad open and closed below the yellow line, I doubt making any trade (either short or long). Hence, I turn to scalp which is not frequent for me to execute.

edit: only for this consolidation period
br balik jumaat nie.. tgk cable.. buyer ramai nampak.. tak ke bosan trade camtu?

anyway, got my PO on aussie at 1.0030.. quite high my entry, didn't expect it went to test the previous low..
  • #312,667
  • May 11, 2012 1:53am May 11, 2012 1:53am
Quoting A-speculator
br balik jumaat nie.. tgk cable.. buyer ramai nampak.. tak ke bosan trade camtu?

anyway, got my PO on aussie at 1.0030.. quite high my entry, didn't expect it went to test the previous low..

Tak juga la bro...because trading is fun!

Oya FYI, 99% of my historical closed trade are only from cable.
I trade to live
  • #312,668
  • May 11, 2012 1:56am May 11, 2012 1:56am
Quoting UbuFamily
Tak juga la bro...because trading is fun!

Oya FYI, 99% of my historical closed trade are only from cable.
i see.. aku dah bosan ngan cable kebelakangan nie pasal gerak punya la slow, byk whipsaw plak tu..

anyway, i wish you green pips mate..
  • #312,669
  • May 11, 2012 1:57am May 11, 2012 1:57am
Quoting UbuFamily
Thank you refering to my chart.

Yes not a touch. Its a break thru. Breaking the H1 tl I drew can be either bounced some pips up. The bottom still uncertain for me for sure because we are about to see the risen sun of the united kingdom.

Well don't take my words or charts seriously because I'm a scalper. Scalpers take little pips but huge size.

I got that correct!
I trade to live
  • #312,670
  • May 11, 2012 1:58am May 11, 2012 1:58am
Quoting A-speculator
i see.. aku dah bosan ngan cable kebelakangan nie pasal gerak punya la slow, byk whipsaw plak tu..

anyway, i wish you green pips mate..

I wish you too bro
I trade to live
  • #312,671
  • May 11, 2012 1:59am May 11, 2012 1:59am
Quoting UbuFamily
I got that correct!
let's see where the price close in 4h... if closed above 6115, i might have an extra hat... lol.
  • #312,672
  • May 11, 2012 2:00am May 11, 2012 2:00am
Quoting Red Alert
Look, after kissed 1.6100, the cable bounced 15 pips, if it continuing go north....pending short order under 1.6115 area as important resistance will be suffering for sure....it is enough to describe how tricky cable is.......but we will see, now we will see how strong this bear will be..

Can you see the doji now? Some say a doji is a message of temporarily changed trend. (not a call)
I trade to live
  • #312,673
  • May 11, 2012 2:02am May 11, 2012 2:02am
Quoting UbuFamily
Can you see the doji now? Some say a doji is a message of temporarily changed trend. (not a call)
Not a perfect doji.

Sorry

A perfect doji formed when open and closed price being equal.
I trade to live
  • #312,674
  • May 11, 2012 2:05am May 11, 2012 2:05am
Quoting A-speculator
let's see where the price close in 4h... if closed above 6115, i might have an extra hat... lol.
LOL you want hat from me too bro?
I trade to live
  • #312,675
  • May 11, 2012 2:06am May 11, 2012 2:06am
Quoting UbuFamily
LOL you want hat from me too bro?
  • #312,676
  • May 11, 2012 2:14am May 11, 2012 2:14am
Quoting UbuFamily
LOL you want hat from me too bro?
in 1h candles, ucad still unable to close above 1.0040..
  • #312,677
  • May 11, 2012 2:24am May 11, 2012 2:24am
Quoting A-speculator
in 1h candles, ucad still unable to close above 1.0040..
But ucad closed right on top of the line 0040.

So.....hmmm...
I trade to live
  • #312,678
  • May 11, 2012 2:33am May 11, 2012 2:33am
Quoting UbuFamily
But ucad closed right on top of the line 0040.

So.....hmmm...
silap2 cable weekly close spinning.. dia main area2 nie je.. adoiii bosan.. ahahaha..

my broker doesn't print any 1h candle closed above the 0040.. mungkin pasal ko 4 digit kot.. sbb tu ko ada..
  • #312,679
  • May 11, 2012 2:46am May 11, 2012 2:46am
smikester in the house..

hi mate, long time no see.. how's life? care to give your analysis on cable?

thanks.
  • #312,680
  • May 11, 2012 2:50am May 11, 2012 2:50am
Quoting A-speculator
let's see where the price close in 4h... if closed above 6115, i might have an extra hat... lol.
The truth is, I have too many hats, I would have gladly given you one bro, but as it is, maybe I will have to throw some of the crappy ones out for spring cleaning
Come with me if you want to live....
424 traders viewing now