Cable Update (GBPUSD) | Page 16276 | 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)

  • #325,501
  • Sep 28, 2012 10:50am Sep 28, 2012 10:50am
Quoting kikugalanet
we will see next week some LONG .. today i enought i got 700 pip good weekend
Good day,

that is awesome...

Care to share how you achieved this phenominal feat?

A memeber since April this year, and killing the markets to the tune of 700 pips per day..

That is something to be proud of.

All the best
  • #325,502
  • Sep 28, 2012 10:54am Sep 28, 2012 10:54am
Hi Pound Pundits,

Enjoy your green pips and your week end!

C you soon.
Don't be smart. Be rich.
  • #325,503
  • Edited 11:55am Sep 28, 2012 11:12am | Edited 11:55am
Quoting TauTrader
Good day,

that is awesome...

Care to share how you achieved this phenominal feat?

A memeber since April this year, and killing the markets to the tune of 700 pips per day..

That is something to be proud of.

All the best


i just trade long term and i was link my acc to fxjuntion
Attached Image (click to enlarge)
Click to Enlarge Name: ahhhhh.png Size: 83 KB
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #325,504
  • Sep 28, 2012 11:57am Sep 28, 2012 11:57am
Quoting TauTrader
Good day,

that is awesome...

Care to share how you achieved this phenominal feat?

A memeber since April this year, and killing the markets to the tune of 700 pips per day..

That is something to be proud of.

All the best
The only way not to think about money is to have a great deal of it
  • #325,505
  • Sep 28, 2012 12:59pm Sep 28, 2012 12:59pm
Quoting bguguen
okay guys guys, play fair, tomorrow we've got plenty of scary looking news and this could send risk on or off big time, personally i want a huge risk off so my Long Dollar wtever would do well....

problem is this is forex and everyone gets to be right....

as for GBPUSD what worries me is that we tested a trendline we've previously broken out of....

let me show you what im talking about...

Weekly
Attachment
Daily
Attachment
4 Hours
Attachment

see where we tested and bounced? now i dunno how far...
Okay i got stopped out on yesterday's risk on, totally pissed but atleast i got stopped out in profit...
i entered another short today
and as planned... looking for 6075, in fact this time i have a feeling (just a feeling) if a renewed bearish pressure happens next week.... that trendline below .6075 might be tested for further retracement 1.6050 being the next big number with H4 EMA200 and the Trendline support
Next big number, scarily comes in at 1.5900 61.8% fibo and multiple TF EMA S/R zones...

Please look at the RSI chart on the Daily chart i posted... it looks like we re-entered normal trade flows, back under the overbought 70 level and a new RSI low on the daily....
this is a sign of a bearish momentum going on....
do watch out but a big bear may be coming...
when i mean big bear.... see the Blue EMA55 and the Red EMA200 lines on the Daily chart? 1.5920 and 1.5820, historically chart shows us that when EMA 55 on daily is above EMA200, price will drop to test EMA 55 once again when RSI returns to neutral zone from overbought.... and i think this is what i mean by the big bear momentum about to kick in....

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h4.gif Size: 20 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily.gif Size: 20 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,506
  • Sep 28, 2012 1:02pm Sep 28, 2012 1:02pm
[quote=redbeben;6052159]
on GU as I mentioned 1.6200 can happen again as in 1.6172 first and later 1.6200 but again 1.6172 is the best approach ..there is where I locked 100 pips on my short so I took a small scalp from 6135 for this 30 pips

anyway going to sleep a bit now till the banks will give the tests I bet's they'll fail[/QUOT

30 pips it was....sometimes i scare myself.i closed it for 18 pips though as i fell asleep waiting for the end of the world.we're flooded here....badly and all schools were evacuated today.
  • #325,507
  • Sep 28, 2012 1:06pm Sep 28, 2012 1:06pm
Quoting bguguen
Okay i got stopped out on yesterday's risk on, totally pissed but atleast i got stopped out in profit...
i entered another short today
and as planned... looking for 6075, in fact this time i have a feeling (just a feeling) if a renewed bearish pressure happens next week.... that trendline below .6075 might be tested for further retracement 1.6050 being the next big number with H4 EMA200 and the Trendline support
Next big number, scarily comes in at 1.5900 61.8% fibo and multiple TF EMA S/R zones...

Please look at the RSI chart on the Daily...
Check last targets update.now you scare me as well as fontu....
Please also help me with my study.i asked yesterday how many pips did you make on all shorts since you opened them.
  • #325,508
  • Sep 28, 2012 1:08pm Sep 28, 2012 1:08pm
Quoting bguguen
Okay i got stopped out on yesterday's risk on, totally pissed but atleast i got stopped out in profit...
i entered another short today
and as planned... looking for 6075, in fact this time i have a feeling (just a feeling) if a renewed bearish pressure happens next week.... that trendline below .6075 might be tested for further retracement 1.6050 being the next big number with H4 EMA200 and the Trendline support
Next big number, scarily comes in at 1.5900 61.8% fibo and multiple TF EMA S/R zones...

Please look at the RSI chart on the Daily chart...
aye man please send me yur indicator..i need something like this
  • #325,509
  • Sep 28, 2012 1:08pm Sep 28, 2012 1:08pm
Quoting redbeben
Check last targets update.now you scare me as well as fontu....
Please also help me with my study.i asked yesterday how many pips did you make on all shorts since you opened them.
Reddy boy, go look at the bottom of my User Profile here in forex factory, i put a trade explorer on my demo practice account....

Just in case you didnt find it...
http://www.forexfactory.com/bguguen/89
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,510
  • Sep 28, 2012 1:10pm Sep 28, 2012 1:10pm
Quoting nAVIN2007
aye man please send me yur indicator..i need something like this
come on skype or facebook chat me so i can send the .mt4 file over?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,511
  • Sep 28, 2012 1:14pm Sep 28, 2012 1:14pm
Quoting bguguen
come on skype or facebook chat me so i can send the .mt4 file over?

bit later buddy..currently lied up..
  • #325,512
  • Sep 28, 2012 1:19pm Sep 28, 2012 1:19pm
Quoting nAVIN2007
bit later buddy..currently lied up..
is everything okay? buddy you should rest up, whenever you have the chance to!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,513
  • Sep 28, 2012 1:31pm Sep 28, 2012 1:31pm
cable is up trend........
Attached Image (click to enlarge)
Click to Enlarge Name: 99.gif Size: 96 KB
one secret in the forex. im belive.
  • #325,514
  • Edited 1:48pm Sep 28, 2012 1:37pm | Edited 1:48pm
Quoting eslami
cable is up trend........
do you see that spike we had below? stops below that trendline got cleared... meaning it'll be EASY to break below that trendline..... sooo i'd recommend you to brace yourself.... oh and PLEASE do look at higher TF just so you dont get burned...
UK also about to lose their AAA rating...

This is the chart you should be worrying about....
Look at that Last H4 candle... we tested that downwards trendline and we tested that upwards trendline... bad news for bulls.... that candle didnt close below that upwards trendline....

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h4.gif Size: 20 KB


Let me zoome that in for you... have a look at H1... see where the candle closed?? below that upwards trendline i was talking to you about...
not that bulls doesnt have a chance but you didnt long it at a good price... poor risk reward if you ask me...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h1.gif Size: 19 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,515
  • Sep 28, 2012 1:53pm Sep 28, 2012 1:53pm
ok so far and waiting more ( 6033 test or even more 5911 ) next week again.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 21 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #325,516
  • Sep 28, 2012 1:55pm Sep 28, 2012 1:55pm
Quoting bguguen
do you see that spike we had below? stops below that trendline got cleared... meaning it'll be EASY to break below that trendline..... sooo i'd recommend you to brace yourself.... oh and PLEASE do look at higher TF just so you dont get burned...
UK also about to lose their AAA rating...

This is the chart you should be worrying about....
Look at that Last H4 candle... we tested that downwards trendline and we tested that upwards trendline... bad news for bulls.... that candle didnt close below that upwards trendline....

Attachment ...
DXY is also building momentum for one move higher towards a monthly&weekly resistance confluence zone. I however doubt that it will still do so this Friday evening. Would higher the chance for a good move down for cable tho.
  • #325,517
  • Sep 28, 2012 1:59pm Sep 28, 2012 1:59pm
Quoting Robertk
DXY is also building momentum for one move higher towards a monthly&weekly resistance confluence zone. I however doubt that it will still do so this Friday evening. Would higher the chance for a good move down for cable tho.
i am also expecting another week of risk off next week....
right now its just residual flows pushing risk pairs down, but no doubt gbpusd can get another 20 or so pips downwards before the close....

but i am silently looking at AUDUSD to reach for my target 1.0320 (possibly not till monday)
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,518
  • Sep 28, 2012 2:02pm Sep 28, 2012 2:02pm
Lol wtf.... shall we see GBPUSD fail to break back above that downwards trendline?? as we are testing it now on H1? but yea that Last doji gave GBPUSD that boost down...
its a battle between staying below the downwards trendline or staying above the upwards trendline...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h1.gif Size: 19 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,519
  • Sep 28, 2012 2:36pm Sep 28, 2012 2:36pm
Quoting Robertk
DXY is also building momentum for one move higher towards a monthly&weekly resistance confluence zone. I however doubt that it will still do so this Friday evening. Would higher the chance for a good move down for cable tho.
Just broke out, making its way towards this zone atm. Should give a potential for cable to retest lows but will most likely hold.. for now.
  • #325,520
  • Sep 28, 2012 2:50pm Sep 28, 2012 2:50pm
i exited my position will look for signal next week..not that i think it will go up just want to day trade
186 traders viewing now, 1 is registered:
saidi01