Cable Update (GBPUSD) | Page 16332 | 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)

  • #326,621
  • Oct 11, 2012 4:44am Oct 11, 2012 4:44am
If it does break up, then we could be seeing 1.60858 and then 1.61584 and finally I have top of channel 1.618 (ish), but we need something to kick it either way, maybe something like the news this afternoon.
  • #326,622
  • Oct 11, 2012 4:47am Oct 11, 2012 4:47am
Quoting walkman
gu on a sell

triangle
today waiting for a break
eu also on Sell position.

i think traders waiting when H candle close.

expecting some move down
Attached Image (click to enlarge)
Click to Enlarge Name: 127.gif Size: 15 KB
  • #326,623
  • Oct 11, 2012 4:49am Oct 11, 2012 4:49am
Quoting X.work
what is the significant of 6120?
the low on the 5th Oct. That will the the highest i can predict on an over shoot, otherwise i think the 6100 resistance which is also the 61 fibo will hold the upmove.
  • #326,624
  • Oct 11, 2012 4:56am Oct 11, 2012 4:56am
Quoting A-speculator
the low on the 5th Oct. That will the the highest i can predict on an over shoot, otherwise i think the 6100 resistance which is also the 61 fibo will hold the upmove.
i think 6100 wil hold due to 2 fibo confluence , 1) the fibo is taken from after the breakout retest of the resistance turned support up to the highest price level and 2) 38% from the highest to the lowest of the latest PA.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable.gif Size: 39 KB
Click to Enlarge Name: cable1.gif Size: 39 KB
  • #326,625
  • Oct 11, 2012 5:04am Oct 11, 2012 5:04am
Candle stick now has changed now gbp will be up or down
  • #326,626
  • Oct 11, 2012 5:10am Oct 11, 2012 5:10am
H candles closed nice...

i hope it will not break up now
Attached Image (click to enlarge)
Click to Enlarge Name: 127.gif Size: 31 KB
  • #326,627
  • Oct 11, 2012 5:13am Oct 11, 2012 5:13am
Quoting A-speculator
A retest to 6300 will be quite tough mate since price must break the upper TL of the descending channel.. but i think a retest to 6120 can be quite possible.

yes i agree bro ..cable is stuck in a range..it might do nothing again today..however theres USD news so i highly doubt..

got to consider the bear flag..but theres a bullish stance..tempted to buy
Attached Image (click to enlarge)
Click to Enlarge Name: cable11.gif Size: 25 KB
  • #326,628
  • Oct 11, 2012 5:16am Oct 11, 2012 5:16am
Quoting alam88009
Candle stick now has change now gbp will be up or down
The single currency is to break up. wait for price to retrace around 1.6000 or below and apply a buy stop strategy. [email protected]**.........
forexpillariscipline & patience Trader
  • #326,629
  • Oct 11, 2012 5:23am Oct 11, 2012 5:23am
watching , still no decision for any bull start , so more correction or bear intact. gold small diamond fail take action but ok as pullback to down more .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.gif Size: 19 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,630
  • Oct 11, 2012 5:24am Oct 11, 2012 5:24am
somebody shoot this Trick http://www.easyfreesmileys.com/smile...mileys-368.gif
  • #326,631
  • Oct 11, 2012 5:55am Oct 11, 2012 5:55am
Quoting gavalar
This is such a small range on the hourly chart that I need to see a break either side before we can know the next big move. Will wait for NY open so in meantime have been long on GJ and short dollar cad

whooohoo
Attached Image
  • #326,632
  • Oct 11, 2012 6:05am Oct 11, 2012 6:05am
Quoting PoundTrader
somebody shoot this Trick http://www.easyfreesmileys.com/smile...mileys-368.gif

ok
Attached Images
  • #326,633
  • Oct 11, 2012 6:07am Oct 11, 2012 6:07am
Wk wk wk goes up
  • #326,634
  • Oct 11, 2012 6:26am Oct 11, 2012 6:26am
Quoting gavalar
ok
http://www.easyfreesmileys.com/smileys/lol-046.gif
  • #326,635
  • Oct 11, 2012 6:28am Oct 11, 2012 6:28am
market is dead. http://www.easyfreesmileys.com/smileys/computer-18.gif
  • #326,636
  • Oct 11, 2012 6:33am Oct 11, 2012 6:33am
hello everyone, i have been reading a lot post here and have not contributed,because i know my contribution will not matter because of the professionals have we here, but anywhere, i still just want to say this, that i am seeing 1.61 today. do anyone think this with me?
  • #326,637
  • Oct 11, 2012 6:39am Oct 11, 2012 6:39am
Quoting kings4ril
hello everyone, i have been reading a lot post here and have not contributed,because i know my contribution will not matter because of the professionals have we here, but anywhere, i still just want to say this, that i am seeing 1.61 today. do anyone think this with me?


Need to go through 6050 first
  • #326,638
  • Oct 11, 2012 6:39am Oct 11, 2012 6:39am
Quoting kings4ril
hello everyone, i have been reading a lot post here and have not contributed,because i know my contribution will not matter because of the professionals have we here, but anywhere, i still just want to say this, that i am seeing 1.61 today. do anyone think this with me?
don't every say you can't contribute your welcome here, as far as seeing 1.6100 i hope not because im looking at short untill 1.5930 area, if not by friday mabe into next week
  • #326,639
  • Oct 11, 2012 6:46am Oct 11, 2012 6:46am
Hi All,

Can i say that the move up now is consider a retrace up for the big move down later or the market is rallying it up?
  • #326,640
  • Oct 11, 2012 6:49am Oct 11, 2012 6:49am
Quoting PoundTrader
don't every say you can't contribute your welcome here, as far as seeing 1.6100 i hope not because im looking at short untill 1.5930 area, if not by friday mabe into next week

absolutely....welcome
339 traders viewing now