Cable Update (GBPUSD) | Page 16374 | 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)

  • #327,461
  • Oct 19, 2012 2:37am Oct 19, 2012 2:37am
Short GU @ 1.6052
SL 10 pips
  • #327,462
  • Oct 19, 2012 2:49am Oct 19, 2012 2:49am
Quoting PoundTrader
Best Trader Ever, Please Stick Around because you will be miss
you are a good man, but do you ever sleep?
Attached Image
  • #327,463
  • Edited 3:33am Oct 19, 2012 2:53am | Edited 3:33am
Quoting gavalar
you are a good man, but do you ever sleep?
http://www.easyfreesmileys.com/smileys/sleep-029.gif
  • #327,464
  • Oct 19, 2012 3:27am Oct 19, 2012 3:27am
Quoting leveraged
Short GU @ 1.6052
SL 10 pips
ok for few pips with few sl and can expect ranges / probable mofu 6062/5 to 32or little down /21 ok before go retrace towards 6115 again before continue down .
good luck .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #327,465
  • Oct 19, 2012 3:33am Oct 19, 2012 3:33am
hi gud afternoon all Hope Green pips for all today...
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #327,466
  • Oct 19, 2012 3:35am Oct 19, 2012 3:35am
Quoting fontu
ok for few pips with few sl and can expect ranges / probable mofu 6062/5 to 32or little down /21 ok before go retrace towards 6115 again before continue down .
good luck .
fontu
Yeah, i got stopped out for -9 pips on that run up at 4:02 am est

But re-shorted again @ 1.6053.
2nd try with SL for 10pips
  • #327,467
  • Oct 19, 2012 4:22am Oct 19, 2012 4:22am
this pair has been hard for me to trade this week, im a swing trader so i don't go for small pips, market have not been good to me this week
  • #327,468
  • Oct 19, 2012 4:27am Oct 19, 2012 4:27am
ill be honest im thinking you wont last long with a 10 pip stop

Quoting leveraged
Yeah, i got stopped out for -9 pips on that run up at 4:02 am est

But re-shorted again @ 1.6053.
2nd try with SL for 10pips
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #327,469
  • Oct 19, 2012 4:30am Oct 19, 2012 4:30am
Quoting Bones
ill be honest im thinking you wont last long with a 10 pip stop
especially when hes shorting near the bottom....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,470
  • Oct 19, 2012 4:31am Oct 19, 2012 4:31am
Quoting bguguen
especially when hes shorting near the bottom....
based on the current conditions, what would be best entry for shorting?
  • #327,471
  • Oct 19, 2012 4:34am Oct 19, 2012 4:34am
Quoting leveraged
Yeah, i got stopped out for -9 pips on that run up at 4:02 am est

But re-shorted again @ 1.6053.
2nd try with SL for 10pips
You beat me too it Tony. And in fact, it's already hit.

Leveraged, (and I hope that's just a name and not a description of your account)

Very few traders can trade consistently successful with such a small stop. Myself included especially GU which can bounce 20/50 pips in a heartbeat. 10/20 stops can and will eat away at your account over time.

May I ask what TF you trade from?
Ghost Rider - WWTBMD?
  • #327,472
  • Oct 19, 2012 4:35am Oct 19, 2012 4:35am
i think..at least i hope we are consolidating making a flag..to break south 1.59 hopefully
  • #327,473
  • Oct 19, 2012 4:36am Oct 19, 2012 4:36am
Quoting Raftron
based on the current conditions, what would be best entry for shorting?
try to short as close to 1.6060
Edit... Which is now with SL at 1.6080

THe rise up we just had for the past hour in GBPUSD is a corrective move in EURGBP..
there was a bearish divergence on EURGBP H4 meaning GBP would gain a bit and EURUSD would fall....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,474
  • Oct 19, 2012 4:39am Oct 19, 2012 4:39am
Price at only 40% of the 20 day atr so far today, only 71% of the 20 week atr so far this week on last trading day of the week.

More pullback , or consolidation off the 6031 current daily lo/1hr general opa downtrend lo, or more downside ??

4hr ranging somewhat now. Weekly Pivot and 23.6% 6177-6031 @/around the current daily hi/pullback hi.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 87 KB
ex member
  • #327,475
  • Oct 19, 2012 4:40am Oct 19, 2012 4:40am
Small short @ 1.6061
going to watch this one...
  • #327,476
  • Oct 19, 2012 4:40am Oct 19, 2012 4:40am
think we could see a little more up before the next fall, 1.0672-6, maybe even as high as 1.609. H4 still showing down but h1 shows some signs of consolidation.
  • #327,477
  • Oct 19, 2012 4:41am Oct 19, 2012 4:41am
me too brother


Quoting nAVIN2007
i think..at least i hope we are consolidating making a flag..to break south 1.59 hopefully
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd d1 19-10-12 2.png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #327,478
  • Oct 19, 2012 4:44am Oct 19, 2012 4:44am
Quoting bguguen
try to short as close to 1.6060
Edit... Which is now with SL at 1.6080

THe rise up we just had for the past hour in GBPUSD is a corrective move in EURGBP..
there was a bearish divergence on EURGBP H4 meaning GBP would gain a bit and EURUSD would fall....
I'd put that stop above 6100 but that's just me.
Ghost Rider - WWTBMD?
  • #327,479
  • Oct 19, 2012 4:48am Oct 19, 2012 4:48am
Quoting gavalar
think we could see a little more up before the next fall, 1.0672-6, maybe even as high as 1.609. H4 still showing down but h1 shows some signs of consolidation.
H4 showing down? Hmmmm.......

http://www.forexfactory.com/showthre...23#post6114823

Is what I see as "possible"
Attached Image (click to enlarge)
Click to Enlarge Name: gu_4h.gif Size: 23 KB
Ghost Rider - WWTBMD?
  • #327,480
  • Oct 19, 2012 4:51am Oct 19, 2012 4:51am
h4
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 19-10-12 2.png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
2,149 traders viewing now, 5 are registered:
,
Meer-Shayhak
,
saidi01
,
,
dude007