Cable Update (GBPUSD) | Page 16386 | 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)

  • #327,701
  • Oct 22, 2012 3:59am Oct 22, 2012 3:59am
Quoting Nachiket
yes its crazy predicting this pair
if 040 holds - 080 is in sight imo - looking at some kind of cup+handle on the m5
  • #327,702
  • Oct 22, 2012 4:01am Oct 22, 2012 4:01am
Quoting chazzle
if 040 holds - 080 is in sight imo - looking at some kind of cup+handle on the m5
may be that will cut my shorts but
  • #327,703
  • Oct 22, 2012 4:03am Oct 22, 2012 4:03am
Quoting Nachiket
may be that will cut my shorts but
mistake I did today was sold the shorts on high leverage and that is costing me now
  • #327,704
  • Oct 22, 2012 4:03am Oct 22, 2012 4:03am
Maybe a retest?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: christmas trade2593if.gif Size: 13 KB
Click to Enlarge Name: christmas trade2594if.gif Size: 14 KB
Come with me if you want to live....
  • #327,705
  • Oct 22, 2012 4:10am Oct 22, 2012 4:10am
Quoting Ill-b-back
Maybe a retest?
retest of ?
  • #327,706
  • Oct 22, 2012 4:13am Oct 22, 2012 4:13am
EU strong signal long on bigger TF

gu broken flag on m5

i think fibo 38 still valid
Attached Image (click to enlarge)
Click to Enlarge Name: 14.gif Size: 42 KB
  • #327,707
  • Oct 22, 2012 4:16am Oct 22, 2012 4:16am
Quoting Nachiket
mistake I did today was sold the shorts on high leverage and that is costing me now
if you're wrong , get out
  • #327,708
  • Oct 22, 2012 4:23am Oct 22, 2012 4:23am
Quoting chazzle
if you're wrong , get out
problem is he doesnt even know if hes wrong or not... he just panics way too much and too short term in my opinion... if he was staring at higher TF 24/7 he might actually learn to calm down and be patient...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,709
  • Oct 22, 2012 4:37am Oct 22, 2012 4:37am
Quoting fxtyrant
problem is he doesnt even know if hes wrong or not... he just panics way too much and too short term in my opinion... if he was staring at higher TF 24/7 he might actually learn to calm down and be patient...
how did you change your nick, Bryan? - didn't know it was possible
  • #327,710
  • Oct 22, 2012 4:38am Oct 22, 2012 4:38am
price challenging underside of the breeched ascending t/line on 4hr and daily now around 38.2% 6147-5990....4hr below shows where the support was at today's current lo - 5990...1hr classic regular bullish divergence there in the oscillators.

G/L
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4hr pot supp zone.jpg Size: 62 KB
Click to Enlarge Name: z.jpg Size: 112 KB
ex member
  • #327,711
  • Oct 22, 2012 5:06am Oct 22, 2012 5:06am
Quoting fxtyrant
problem is he doesnt even know if hes wrong or not... he just panics way too much and too short term in my opinion... if he was staring at higher TF 24/7 he might actually learn to calm down and be patient...

agree with you on the fact that I panic way too much. disagree on the fact that whether I know I am wrong or rite. I was wrong to short at 1.6010 and my margin call got triggered. i am again short at 1.6050 and think this is a nice entry point
  • #327,712
  • Oct 22, 2012 5:07am Oct 22, 2012 5:07am
Quoting bbmac
price challenging underside of the breeched ascending t/line on 4hr and daily now around 38.2% 6147-5990....4hr below shows where the support was at today's current lo - 5990...1hr classic regular bullish divergence there in the oscillators.

G/L
thanks to the japanese. gbp's charts are fucked
  • #327,713
  • Oct 22, 2012 5:13am Oct 22, 2012 5:13am
Quoting chazzle
how did you change your nick, Bryan? - didn't know it was possible
Yes how do you change your nick, Bryan? Pls enlighten us if its possible..hehe.

BTW, I think the great fall in gbpusd is going to end up as great rise back to 1.61xx . Already most e-currency, Credit card rates and ex-changers are pitching the rates at 1.64xx when buying GBP.

Regards,
To Your Success!!
  • #327,714
  • Oct 22, 2012 5:15am Oct 22, 2012 5:15am
some demand then at the previous swing hi (s) in 5/15min...will we see a new hi today or is the move up from 5990 just a pullback ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 54 KB
ex member
  • #327,715
  • Oct 22, 2012 5:16am Oct 22, 2012 5:16am
Quoting Nachiket
retest of ?
Retesting our nerves at the TL
Come with me if you want to live....
  • #327,716
  • Oct 22, 2012 5:19am Oct 22, 2012 5:19am
Quoting bbmac
some demand then at the previous swing hi (s) in 5/15min...will we see a new hi today or is the move up from 5990 just a pullback ?

G/L
don't know where it is tending to. it has to take out 1.6075 for test towards 1.6095 and 1.6120
  • #327,717
  • Oct 22, 2012 5:48am Oct 22, 2012 5:48am
Quoting ndsouz
Yes how do you change your nick, Bryan? Pls enlighten us if its possible..hehe.

BTW, I think the great fall in gbpusd is going to end up as great rise back to 1.61xx . Already most e-currency, Credit card rates and ex-changers are pitching the rates at 1.64xx when buying GBP.

Regards,
Thats exactly why they are getting burned, all these u mentioned are retail traders.... And retails time and time again get burnt, the sooner u realise there credit and rate exchangers make bullshit offers like these are getting burned the earlier you'll be in the winning mindset
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,718
  • Oct 22, 2012 5:55am Oct 22, 2012 5:55am
Quoting chazzle
how did you change your nick, Bryan? - didn't know it was possible
I sent an email to twee, asking him to change is as im applying to some internship with banks, and my previous username had my surname all over it, sooo itll be way too easy to be background checked, also foryears ivebeen naming y automatedtrading systems as fxtyrant so it just makes sense
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,719
  • Oct 22, 2012 6:03am Oct 22, 2012 6:03am
Quoting fxtyrant
Thats exactly why they are getting burned, all these u mentioned are retail traders.... And retails time and time again get burnt, the sooner u realise there credit and rate exchangers make bullshit offers like these are getting burned the earlier you'll be in the winning mindset
You Didn't get me or maybe you misunderstood. They ain't getting burned, its we who get burned when they charge us 1.64xx when exchanging or using the card to buy GBP's.

The reason I said this, is that is the exchange rate they are running on, so it may be a hint that GBP/USD may be going north or maybe the rate is still on cheap side currently if we are planning to sell GBP/USD... anyways who knows. Scenario's change every Hour, minute and second in FX.
To Your Success!!
  • #327,720
  • Oct 22, 2012 6:06am Oct 22, 2012 6:06am
Quoting ndsouz
You Didn't get me or maybe you misunderstood. They ain't getting burned, its we who get burned when they charge us 1.64xx when exchanging or using the card to buy GBP's.

The reason I said this, is that is the exchange rate they are running on, so it may be a hint that GBP/USD may be going north or maybe the rate is still on cheap side currently if we are planning to sell GBP/USD... anyways who knows. Scenario's change every Hour, minute and second in FX.
One thing u dont realize, big banks they never trade with clients in 4 decimal place, ull not see quotes with hsbc when u do a transfer from 1gbp to 1.6234 usd.... They will put maybe like 2% surcharge pushing that to maybe 1.6489 ish, then put it to 2 decimal place sooo u are charged the rate of 1.65, always happens, banks they have a certain % to add on top of the market price for its clients
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
328 traders viewing now, 3 are registered:
Ricstar
,
ihit
,