Cable Update (GBPUSD) | Page 16143 | 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)

  • #322,841
  • Aug 28, 2012 6:32am Aug 28, 2012 6:32am
Quoting nAVIN2007
that is a good name for him
yes recently i'm really angry with forex market.
everything messed up and patterns are not helping in decision making.
there is always a strong % of bet in any trade and so we need to lower lot size or to lower number of trades.

look, now GU seems going up but smells like will give another quick down move, just to get more buyers lower, or to kick out some positions and restart, till reasons for the move will come out.

you know... we are nothing

excluding those who found how the bastards are playing.
90% of traders use TA, indicators and prediction
  • #322,842
  • Aug 28, 2012 6:34am Aug 28, 2012 6:34am
things are easy now:
5800 key level.

once taken out the level again will go up, show up move, then down.
90% of traders use TA, indicators and prediction
  • #322,843
  • Aug 28, 2012 6:43am Aug 28, 2012 6:43am
Quoting _BBKing_
things are easy now:
5800 key level.

once taken out the level again will go up, show up move, then down.
MAY test 5735-40 which has bee my own bull line in the sand for some time before a possible clean break north. Some solid daily closes around there.
Come with me if you want to live....
  • #322,844
  • Aug 28, 2012 6:58am Aug 28, 2012 6:58am
Quoting Ill-b-back
MAY test 5735-40 which has bee my own bull line in the sand for some time before a possible clean break north. Some solid daily closes around there.
Mine as well for some time now. Planned on a long from there if it ever gets there.
Ghost Rider - WWTBMD?
  • #322,845
  • Aug 28, 2012 7:02am Aug 28, 2012 7:02am
Quoting _BBKing_
yes recently i'm really angry with forex market.
everything messed up and patterns are not helping in decision making.
there is always a strong % of bet in any trade and so we need to lower lot size or to lower number of trades.

look, now GU seems going up but smells like will give another quick down move, just to get more buyers lower, or to kick out some positions and restart, till reasons for the move will come out.

you know... we are nothing

excluding those who found how the bastards are playing.

yesterday my friend came to me house i tried to teach him forex..man it made no sense..patterns all shewed and showing nothing...was tough to explain to him..u seriously to survive in this market need to e on top pf yur game..not easy at all..

i see where pound trader is coming from in 95 market were easy and trending now low liquidity and rubbish ranges..forex is become hard work
  • #322,846
  • Aug 28, 2012 7:12am Aug 28, 2012 7:12am
Quoting nAVIN2007
yesterday my friend came to me house i tried to teach him forex..man it made no sense..patterns all shewed and showing nothing...was tough to explain to him..u seriously to survive in this market need to e on top pf yur game..not easy at all..

i see where pound trader is coming from in 95 market were easy and trending now low liquidity and rubbish ranges..forex is become hard work
i'm looking into stock markets.
there are some moving very well, nice patterns and 'soft' moves.
not easy of course. but also not having such a stupid charts like we had in last months: price going no.where then boom. then nowhere again and boom.
this is more notable in gbp usd recently but overall all pairs are nervous.
90% of traders use TA, indicators and prediction
  • #322,847
  • Aug 28, 2012 7:28am Aug 28, 2012 7:28am
Quoting _BBKing_
i'm looking into stock markets.
there are some moving very well, nice patterns and 'soft' moves.
not easy of course. but also not having such a stupid charts like we had in last months: price going no.where then boom. then nowhere again and boom.
this is more notable in gbp usd recently but overall all pairs are nervous.

if u ask me..everything is falling apart and investor see nothing safe..cause theres nothing safe..

big problem
  • #322,848
  • Aug 28, 2012 7:34am Aug 28, 2012 7:34am
Quoting nAVIN2007
if u ask me..everything is falling apart and investor see nothing safe..cause theres nothing safe..

big problem
yes exactly!
this is the point!!
all prices came here due to QE 1 QE 2 QE uk, ltro europe, and shits and farts.
in few words, everything is unreal.

give an eye in DJ weekly chart and look where was price in august 2008.

if unable to get new highs, they will pump more!
but first... "let's see how many bears jump in"
90% of traders use TA, indicators and prediction
  • #322,849
  • Aug 28, 2012 7:47am Aug 28, 2012 7:47am
Quoting albchr
Mine as well for some time now. Planned on a long from there if it ever gets there.
It may well do
Right now as BB says, the pattern is SHIT and hard to pick.
But, if we get some consolidation while possibly descending towards that level, the pattern would improve I think.

I still think the market maybe waiting for Friday, with the talks scheduled being so important. A strong move before then would seem a little odd to me, but this is forex right!!??

About to drive home from a clients place.

Peace out...
Come with me if you want to live....
  • #322,850
  • Aug 28, 2012 7:52am Aug 28, 2012 7:52am
Quoting _BBKing_
yes exactly!
this is the point!!
all prices came here due to QE 1 QE 2 QE uk, ltro europe, and shits and farts.
in few words, everything is unreal.

give an eye in DJ weekly chart and look where was price in august 2008.

if unable to get new highs, they will pump more!
but first... "let's see how many bears jump in"

i dont have dollar index chart on pc if someone can post weekly or monthly that be great
  • #322,851
  • Aug 28, 2012 8:29am Aug 28, 2012 8:29am
Quoting nAVIN2007
i dont have dollar index chart on pc if someone can post weekly or monthly that be great
I don't have a dollar index chart Nav but I've got a stick that finds water.
Maybe useful in today's market
Come with me if you want to live....
  • #322,852
  • Aug 28, 2012 8:43am Aug 28, 2012 8:43am
Don't think buyers win this battle ...Mostly likely fall back into 1.577's
Attached Image (click to enlarge)
Click to Enlarge Name: intraday4hrbattle1-map.gif Size: 25 KB
  • #322,853
  • Aug 28, 2012 8:45am Aug 28, 2012 8:45am
Quoting taomql4
Don't think buyers win this battle ...Mostly likely fall back into 1.577's
im sure we will se 1.586
  • #322,854
  • Aug 28, 2012 8:47am Aug 28, 2012 8:47am
Quoting nAVIN2007
i dont have dollar index chart on pc if someone can post weekly or monthly that be great

nAVIN - current month USDX futures DXU2 - DAILY

best I can do -

Faller.
Attached Image (click to enlarge)
Click to Enlarge Name: Navin USDX Futures.jpg Size: 71 KB
I don't trust any move - when you have profit...take it.
  • #322,855
  • Aug 28, 2012 8:48am Aug 28, 2012 8:48am
Quoting Itrade24h
im sure we will se 1.586
Supply might just keep it under 1.5800 at least today , but lets watch ...
  • #322,856
  • Aug 28, 2012 8:48am Aug 28, 2012 8:48am
Quoting Ill-b-back
I don't have a dollar index chart Nav but I've got a stick that finds water.
Maybe useful in today's market

dont need stick - need eyes, we going up
Attached Images
  • #322,857
  • Aug 28, 2012 8:50am Aug 28, 2012 8:50am
Quoting Faller
nAVIN - current month USDX futures DXU2 - DAILY

best I can do -

Faller.
i never used it b4..but if u can that be great bro
  • #322,858
  • Aug 28, 2012 8:54am Aug 28, 2012 8:54am
Quoting nAVIN2007
i dont have dollar index chart on pc if someone can post weekly or monthly that be great
Just downloaded FOREX LTD to get these.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdx week.gif Size: 24 KB
Click to Enlarge Name: usdx day.gif Size: 20 KB
Click to Enlarge Name: usdx month.gif Size: 17 KB
Ghost Rider - WWTBMD?
  • #322,859
  • Aug 28, 2012 8:57am Aug 28, 2012 8:57am
Quoting albchr
Just downloaded FOREX LTD to get these.

nice u have the pound one bro..usd is under pressure..should fall
please post the monthly one as well..

cable monthly should close bullish..

this support for usd is under threat if it goes i should get my target of at least 1.63
  • #322,860
  • Aug 28, 2012 9:02am Aug 28, 2012 9:02am
Quoting nAVIN2007
nice u have the pound one bro..usd is under pressure..should fall
please post the monthly one as well..

cable monthly should close bullish..

this support for used is under threat if it goes i should get my target of at least 1.63
It has the EURX but I don't the pound bro. Still checking. Could sware I had that on my desktop two years ago.
Ghost Rider - WWTBMD?
341 traders viewing now, 1 is registered: