Cable Update (GBPUSD) | Page 16115 | 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)

  • #322,281
  • Aug 22, 2012 1:55am Aug 22, 2012 1:55am
Quoting nAVIN2007
I think forex once u get to a stage..is probably the most profitable business u can have..if u are good at it, why get out, after all we do it cause of making money..
yes but its good to give your mind something else to do. Interaction with humans keeps you fresh
  • #322,282
  • Aug 22, 2012 1:56am Aug 22, 2012 1:56am
Quoting nAVIN2007
I think forex once u get to a stage..is probably the most profitable business u can have..if u are good at it, why get out, after all we do it cause of making money..
The most profitable and yet the most likely business to give you a high blood pressure
  • #322,283
  • Aug 22, 2012 2:05am Aug 22, 2012 2:05am
Quoting gavalar
yes but its good to give your mind something else to do. Interaction with humans keeps you fresh


Quoting Caeser
The most profitable and yet the most likely business to give you a high blood pressure

yeah and irony is its u giving yourself the high blood pressure..lol
  • #322,284
  • Aug 22, 2012 2:08am Aug 22, 2012 2:08am
Ok Boy's...

If that was a wave-1,
... (on a 15 min chart),
then here's a little down-ward for a GULP-of-Air?
Some are saying that was the Finallie of wave-5???

Attached is another chart-
Sheesh getting sick of me by now, i know...

Ok,
There are much better "Elliot" Chartist's out there,
and i "suggest" you don't take this as GOSPEL,
but the basic "Nut's and Bolt's" are there on this, -(Attached).


Someone was calling EURO, to do similar EARLY,
This morning via Elliot wave in the Other EurO Chat room/"such".
I think it was a final Wave-"E" down, which is what we rode through,

-They were then calling for a Final Wave-5 "UP"!...
There are waves in (littler), time frames supporting waves of bigger TF's...
Enough "Rabbling" from me, 'don't want to give away
the entire "Farm"... Read Up on it, "Elliot Wave",
Best of Pipping Gang,

Jeff P.S. Again, Crude-Chart, "Attached" !
Attached Image (click to enlarge)
Click to Enlarge Name: 22_Aug_2012 GBP_USD Elliot WAVE Count NORTH.jpg Size: 188 KB
I will work to Objectively Identify my Edges
  • #322,285
  • Aug 22, 2012 2:10am Aug 22, 2012 2:10am
In bull market, no one wants to be told about reversals or the end of trend.

The thread is active .. cool
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #322,286
  • Aug 22, 2012 2:17am Aug 22, 2012 2:17am
still holding my shorts same TP 1.5550 same SL 1.5850-60



cmon bears cmon

make me proud of you again
  • #322,287
  • Aug 22, 2012 2:20am Aug 22, 2012 2:20am
Quoting albchr
LOL... I NEVER try man. Better odds winning an argument with the EX....

I'm thinking maybe 5800/30ish for a pull back then launch?
Yeah Bud,
We'll see... We'll see...

London's tough in that a whole-LOTTA edges are being "Played",
back & forth- and that's what i mean when you try to tell "it",
-THE Market, which way she's a going.... Anything, is possible..
It's tough to wait & see what unfolds...

Best of all Chris,

Jeff
I will work to Objectively Identify my Edges
  • #322,288
  • Aug 22, 2012 2:25am Aug 22, 2012 2:25am
Quoting redbeben
still holding my shorts same TP 1.5550 same SL 1.5850-60



cmon bears cmon

make me proud of you again

Stopped out of my short from 1.5781 yesterday. Sl got hit this morning @ 1.5811...
Im on the sidelines at the moment
  • #322,289
  • Aug 22, 2012 2:27am Aug 22, 2012 2:27am
Quoting redbeben
still holding my shorts same TP 1.5550 same SL 1.5850-60



cmon bears cmon

make me proud of you again
i maybe losing my mind... PA and RSI on the H4 suggests it maybe a good time to short around here... i will look how H4 closes...
like i said i will consider shorting when i see a signal coming up on RSI...
PA seems to agree if we dont make higher highs today.....
I will only turn bullish on GBPUSD if the daily candle confirmed closed today above 1.5800 i will look to Long GBPUSD at a pullback to 1.58 after the confirmed close above 5800
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #322,290
  • Aug 22, 2012 2:27am Aug 22, 2012 2:27am
Quoting redbeben
still holding my shorts same TP 1.5550 same SL 1.5850-60



cmon bears cmon

make me proud of you again
The only way not to think about money is to have a great deal of it
  • #322,291
  • Aug 22, 2012 2:35am Aug 22, 2012 2:35am
I'm short the pound now at 1.58003 hope its not my ass
  • #322,292
  • Aug 22, 2012 2:38am Aug 22, 2012 2:38am
id be surprised if this bullish momentum is stopped off by this 1.58 previous Huge S/R region....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #322,293
  • Aug 22, 2012 2:39am Aug 22, 2012 2:39am
Gotta Love that quote, (in the very-below),
Attached is some Video while you're watching paint dry here...

Ok,

Again,
Here's the Real Mav's Story- (For those that didn't get this earlier)...
It'll help you thinking about our trading, as "wave's" rolling in:

http://www.youtube.com/watch?v=4Fqg43ozz7A


Then the new movie Trailer for "Chasing Mavericks"...

http://www.youtube.com/watch?v=jh09vEGNrXc

This is...
(1), -of 2 Trailer's... that are out there, With Gerald Butler Starring in it...
Best of Pipping Gang,

Jeff
I will work to Objectively Identify my Edges
  • #322,294
  • Aug 22, 2012 2:43am Aug 22, 2012 2:43am
Quoting bguguen
id be surprised if this bullish momentum is stopped off by this 1.58 previous Huge S/R region....
ya I could be wrong but the signals are the signals its all a gamble I guess
  • #322,295
  • Aug 22, 2012 2:45am Aug 22, 2012 2:45am
Quoting iNSIELD
ya I could be wrong but the signals are the signals its all a gamble I guess
i may enter short again, i felt like i got stopped out prematurely today....
dont feel like we're gona close above 1.58 today... but i could be Totally wrong...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #322,296
  • Aug 22, 2012 2:45am Aug 22, 2012 2:45am
lets see if the bull is ready
Attached Image (click to enlarge)
Click to Enlarge Name: cable11.gif Size: 24 KB
  • #322,297
  • Aug 22, 2012 2:46am Aug 22, 2012 2:46am
Quoting bguguen
i may enter short again, i felt like i got stopped out prematurely today....
dont feel like we're gona close above 1.58 today... but i could be Totally wrong...
i think so..infact i reckon this month will blow away this level..but time gonna tell
  • #322,298
  • Aug 22, 2012 2:48am Aug 22, 2012 2:48am
Quoting nAVIN2007
i think so..infact i reckon this month will blow away this level..but time gonna tell
Navin u might be right I think we may see a retrace here back to 1.57-1.575 or maybe this just blows my ass out of the water who knows
  • #322,299
  • Aug 22, 2012 2:49am Aug 22, 2012 2:49am
Risk Reward here seems to good though
  • #322,300
  • Aug 22, 2012 2:54am Aug 22, 2012 2:54am
looking for 1.59 close on monthly or near there
best case scenero.. 1.60


worse case pin through 1.58
but like ovaforty said already moving averages and clumping up very close and a breakout of this averages to cause big movement ..i favour up..

lets see
Attached Images
164 traders viewing now, 5 are registered:
,
Gbpusdfreakk
,
,
Foryture
,