Cable Update (GBPUSD) | Page 16117 | 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)

  • #322,321
  • Aug 22, 2012 6:50am Aug 22, 2012 6:50am
Quoting mohan76
i have to agree 100% on that . some time it's good for scalping against your trade but s/l must in place.
Oh yes, it's actually a very good technique and I've seen some great scalpers use it amazingly well. Just not "this" ....Ummm...cough....newbie..... ... LOL
Ghost Rider - WWTBMD?
  • #322,322
  • Aug 22, 2012 6:54am Aug 22, 2012 6:54am
Quoting fxghost
So, the pair closed above resistance and is staying there. Let us hope the news will not scare it off. If it does we will go back to 1.5750-1.5250 area. If it does not 1.6200 area will be reached in a couple of days.
I can agree with some of this but, 5250? (I think it a tad low) or 6200 in just a couple days? Anything is possible but.... Hmmmm.....
Ghost Rider - WWTBMD?
  • #322,323
  • Aug 22, 2012 7:01am Aug 22, 2012 7:01am
RSI says: overbought

I am SHORT from here
  • #322,324
  • Aug 22, 2012 7:20am Aug 22, 2012 7:20am
Quoting albchr
I can agree with some of this but, 5250? (I think it a tad low) or 6200 in just a couple days? Anything is possible but.... Hmmmm.....
Ya, maybe not so fast. Depends on whether FED (or other institutionalists) give market a surprise or not.
  • #322,325
  • Aug 22, 2012 7:48am Aug 22, 2012 7:48am
lets break 1.5765 ....

this pair has to go where it belongs to.
  • #322,326
  • Aug 22, 2012 7:49am Aug 22, 2012 7:49am
Alright Gang,

I crashed @6am, being UP all night until then...
Fixing 'house and then "Pipping"... Ugh!

But ok,
I see on a 4hr. Chart i believe that WAS wave 5,
we hit, -EARLY in the AM Session...

2) NEXT, -came a 5-wave down scenario, (OF THE FIRST WAVE SET)
Just Look on a 5-min Chart...
*** I'm not gonna Label this chart-any further on it...
-You pick off the waves & the Fib's on your own ***
And
3rd) We Just "HiT" a 61.8% "Retrace" of the Move down,
Back "UP" to 1.5803-"ISH"! -!!!
How's that for Fib's...?-!!!!

Here's the Chart,
Again... now i see a "mediocre day" hence far-
I'm done another nap, and maybe tomorrow she go's for
all those "Short's" Everybody wants... (WHO Know's)-!


Jeff Out! I got my cash "Ducket's $$ & -i'm OUT!
We're into "Mish-Mash" now- I can't make head's /tails
Of it all now... Your' All's call Best of Pipping
Attached Image (click to enlarge)
Click to Enlarge Name: 22_Aug_2012 GBP_USD Elliot WAVE COMPLETE NORTH_Now 1st 5 Wave SOUTH.jpg Size: 162 KB
I will work to Objectively Identify my Edges
  • #322,327
  • Aug 22, 2012 7:55am Aug 22, 2012 7:55am
I Realize my chart's hard to
De-Cipher w/a Jpeg...

I been here too long... we used to have file size limitations
back in the day,

But if you all look right now, we're in a leg 4-up,
(i believe), of a 5-wave down,
Wave 3 Longest, wave 5 more violent, down...

Possible wave 6/7 or you could say ABC correction @the end.
-YOU Decipher on your charts...
Best Of Pipping,

Jeff
I will work to Objectively Identify my Edges
  • #322,328
  • Aug 22, 2012 8:00am Aug 22, 2012 8:00am
Urrr...

Wave 2 back UP,
of a Second Set of Waves... DOWN, SOUTH-!

Got to Bed Jeff & Shut YOUR Pie-HOLE!
I will work to Objectively Identify my Edges
  • #322,329
  • Aug 22, 2012 8:17am Aug 22, 2012 8:17am
Quoting TerpFan2
I Realize my chart's hard to
De-Cipher w/a Jpeg.......


Jeff
I was going to mention, if you'd just maximize the trade window before your screen shot, it would help. OR... just right click the chart, save as picture/active chart and choose 800 x 600, we (I) could take off the glasses.... :nerd:....
Ghost Rider - WWTBMD?
  • #322,330
  • Aug 22, 2012 8:40am Aug 22, 2012 8:40am
Quoting PoundTrader
navin i want out, trading don't excite me anymore, it was all good back in 2005 but i must move on to bigger and better things, b.t.w. i can see 1.5865 bas on price action

Inserted Video
  • #322,331
  • Aug 22, 2012 8:47am Aug 22, 2012 8:47am
Quoting albchr
I was going to mention, if you'd just maximize the trade window before your screen shot, it would help. OR... just right click the chart, save as picture/active chart and choose 800 x 600, we (I) could take off the glasses.... :nerd:....
Good "Skinny" Chris,

Thank's for the head's up, my bad,


Jeff
I will work to Objectively Identify my Edges
  • #322,332
  • Aug 22, 2012 8:59am Aug 22, 2012 8:59am
Wow....Existing Home Sales came earlier than i thought. did anyone notice this or its just me?
  • #322,333
  • Aug 22, 2012 9:01am Aug 22, 2012 9:01am
Quoting TerpFan2
Good "Skinny" Chris,

Thank's for the head's up, my bad,


Jeff
Your very welcome sir and... nothing bad about it.

If I were as good at trading as I am with computers, I'd be some WHERE Exotic... with some ONE Exotic.... sipping some THING Exotic!
Ghost Rider - WWTBMD?
  • #322,334
  • Aug 22, 2012 9:08am Aug 22, 2012 9:08am
Quoting Caeser
Wow....Existing Home Sales came earlier than i thought. did anyone notice this or its just me?
yep, abt 10min earlier.
  • #322,335
  • Aug 22, 2012 9:11am Aug 22, 2012 9:11am
Source released data 40 minutes earlier than scheduled;

Quoting mamalujo
yep, abt 10min earlier.
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #322,336
  • Aug 22, 2012 9:11am Aug 22, 2012 9:11am
I'm Still "Making the Donuts" the hard way,
as well,

-For a Full-Time Venture,
Though i'm "Digging" beginning to be quite comfortable,
once i "Visually-See"... the right wave-set's... And hop-in...

"Pattern-Recognition", -that's what 'Douglas call's it

He say's trading all can boil down/boil's down to...
A Game of ..."Pattern-Recognition".

I see we're back up on top now- Sheesh! But i don't think we'll get over
that 78.6 Retrace that JUST Occured 4 (5min) candles ago!
Ha!
Have a great one Bud,

Jeff !
I will work to Objectively Identify my Edges
  • #322,337
  • Aug 22, 2012 9:12am Aug 22, 2012 9:12am
For the bulls - Something to Ponder ..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: intradayweekly1map.gif Size: 31 KB
Click to Enlarge Name: intradayweeklymap.gif Size: 19 KB
  • #322,338
  • Aug 22, 2012 9:15am Aug 22, 2012 9:15am
Lucky kid...

Well,
That didn't work... (below),

So here's the Link Chris...
Someday, maybe to visit!

Inserted Video


<iframe width="640" height="360" src="http://www.youtube.com/embed/L_Ujj_74IAE?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>
I will work to Objectively Identify my Edges
  • #322,339
  • Aug 22, 2012 9:28am Aug 22, 2012 9:28am
Quoting redbeben
still holding my shorts same TP 1.5550 same SL 1.5850-60



cmon bears cmon

make me proud of you again
TP1 5749
TP2 5706
TP 3 5664 and last one 1.5550
  • #322,340
  • Aug 22, 2012 9:34am Aug 22, 2012 9:34am
Quoting taomql4
For the bulls - Something to Ponder ..
simple clean charts.I wish I could draw them this way.
296 traders viewing now, 2 are registered:
Januje
,