Cable Update (GBPUSD) | Page 16525 | 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)

  • #330,481
  • Nov 22, 2012 1:13am Nov 22, 2012 1:13am
Quoting eliteincome
You guys all crying the Yen pairs

I went short EUR/JPY

big screw up still holding

Man just waiting to short that pair

It just keeps climbing
OMG
why you on short in such a huge uptrend??!
that's scary!! price will certainly come back down one day.
but so you have 2 problems:
1. you don't know WHEN.
2. you don't know FROM WHERE AND TILL WHERE.

for what i know UJ main resistance is around 83-84
and the EU seems able to get into 1.29 area. if they go together... EJ wil be eventually print 108 area which is also important resistance
90% of traders use TA, indicators and prediction
  • #330,482
  • Nov 22, 2012 1:19am Nov 22, 2012 1:19am
Quoting cdndollar
Cable finally coming alive here.. may soon catch up to cousin Euro on their race to retest the recent range Highs..

Follow the paths of the "baby" Cable elephants..
Buy Dips in-front of 1.59 with PA setup.. get more bang for the buck & a lot less stressful then bucking heads against the elephants..

Paths of the GBP Elephants..
Attachment

Paths of the Euro Elephants..
Attachment

So buy the top of the range?

Buy the top of the channel?

Buy the possibility of a pull back into the channel?

another million short......
I don't trust any move - when you have profit...take it.
  • #330,483
  • Nov 22, 2012 1:23am Nov 22, 2012 1:23am
Quoting _BBKing_
OMG
why you on short in such a huge uptrend??!
that's scary!! price will certainly come back down one day.
but so you have 2 problems:
1. you don't know WHEN.
2. you don't know FROM WHERE AND TILL WHERE.

for what i know UJ main resistance is around 83-84
and the EU seems able to get into 1.29 area. if they go together... EJ wil be eventually print 108 area which is also important resistance
that's how the market work my friend, for every price there are people willing to buy and people willing to sell.
EJ imo looks like pointing 108.5/111.5 area, maybe a little bit dangerous the idea to sell now.

Still waiting cable to show some momentum too, damn i remember the old times of 150 pips average daily range, now what, we are averaging 40 miserable pips everyday, come on england, come on queen, come on london wake up!!!!
  • #330,484
  • Nov 22, 2012 1:25am Nov 22, 2012 1:25am
Quoting cdndollar
Cable finally coming alive here.. may soon catch up to cousin Euro on their race to retest the recent range Highs..

Follow the paths of the "baby" Cable elephants..
Buy Dips in-front of 1.59 with PA setup.. get more bang for the buck & a lot less stressful then bucking heads against the elephants..

Paths of the GBP Elephants..
Attachment

Paths of the Euro Elephants..
Attachment
Quoting Faller
what pair r u showing in your chart? Is that a Pink Elephant?

;
morning.. please look up.. over your "millions"
  • #330,485
  • Nov 22, 2012 1:32am Nov 22, 2012 1:32am
is anybody watch out some pitchfork?
Attached Image (click to enlarge)
Click to Enlarge Name: oo.gif Size: 29 KB
  • #330,486
  • Nov 22, 2012 1:45am Nov 22, 2012 1:45am
hi cable guys GM

i think cable is initially going for 5997 which is near today R2 and then 6030

what you think guys?
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,487
  • Nov 22, 2012 1:48am Nov 22, 2012 1:48am
Quoting tunera
is anybody watch out some pitchfork?

draw your pitch fork in the other direction then tell me what u see...
I don't trust any move - when you have profit...take it.
  • #330,488
  • Nov 22, 2012 1:50am Nov 22, 2012 1:50am
we are at near short term res at 1.5977 which is last week 4hr congestion zone
Attached Image (click to enlarge)
Click to Enlarge Name: tgt.png Size: 47 KB
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,489
  • Nov 22, 2012 1:50am Nov 22, 2012 1:50am
Quoting cdndollar
morning.. please look up.. over your "millions"

would luv to see the picture you have in your mind......

me sitting with millions of dollars that I am looking over..... ha ha!!!

don't you know this is all electronic?

I am just looking over.........well.......that's another picture....
I don't trust any move - when you have profit...take it.
  • #330,490
  • Nov 22, 2012 1:50am Nov 22, 2012 1:50am
Quoting cdndollar
morning.. please look up.. over your "millions"

Here's my view,

1.6 next "significant" level then targetting 1.61+++
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2664if.gif Size: 15 KB
Come with me if you want to live....
  • #330,491
  • Nov 22, 2012 1:51am Nov 22, 2012 1:51am
Quoting FX Wolf
we are at near short term res at 1.5977 which is last week 4hr congestion zone

if Angela Merlka farts that picture changes...
I don't trust any move - when you have profit...take it.
  • #330,492
  • Nov 22, 2012 1:54am Nov 22, 2012 1:54am
Quoting Ill-b-back
Here's my view,

1.6 next "significant" level then targetting 1.61+++

first off....hello.

second.......


you are looking up.....even-though your chart has down trend lines post all over it.....guess you are looking counter trend?



hope family and baby are doing well.......and your business is keeping you busy...
I don't trust any move - when you have profit...take it.
  • #330,493
  • Nov 22, 2012 2:03am Nov 22, 2012 2:03am
oh goodie!

pmi numbers are higher then expected!!!!

woot woot!

higher then 43?

well above 50 is where we need to be.....

oh we are at 43.9.....and we came in at 44.5......it was higher!!!! ya ya ya!!!.....ummmmm errrr.....ahhhhh wellll errrrrr

ahhhhh shat.

still below 50....

do some homework.


one more million short.
I don't trust any move - when you have profit...take it.
  • #330,494
  • Nov 22, 2012 2:05am Nov 22, 2012 2:05am
lookie lookie......

aussie and cad taking a beating.......

oh and usd rising......

Inserted Video
I don't trust any move - when you have profit...take it.
  • #330,495
  • Nov 22, 2012 2:13am Nov 22, 2012 2:13am
Quoting Ill-b-back
Here's my view,

1.6 next "significant" level then targetting 1.61+++
yes, those are significant round number targets.. on the wide, the recent range high 1.63 is only 3+ figures away.. well within the lazy old fella's ATR once he decides to wake up & stretch his old bones..

You can be sure that "millions" will be thrown against those levels by our head butting "millionaire"..
  • #330,496
  • Nov 22, 2012 2:15am Nov 22, 2012 2:15am
Quoting Faller
draw your pitch fork in the other direction then tell me what u see...
  • #330,497
  • Nov 22, 2012 2:17am Nov 22, 2012 2:17am
Quoting cdndollar
yes, those are significant round number targets.. on the wide, the recent range high 1.63 is only 3+ figures away.. well within the lazy old fella's ATR once he decides to wake up & stretch his old bones..

You can be sure that "millions" will be thrown against those levels by our head butting "millionaire"..

I have woken up covered in my own puke.......have you?
I don't trust any move - when you have profit...take it.
  • #330,498
  • Nov 22, 2012 2:18am Nov 22, 2012 2:18am
Quoting Faller
Not much changes in here....

Hope you are well nAVIN2007

Happy Thanksgiving to all that celebrate the holiday......here is something to look at.

http://www.businessweek.com/articles...ts-225#r=hp-ls

Takes more then a 10 pip scalp to pay for this bird.....

Anyway.....hope all my friends and foes are doing well - just thought I would post a little hello thanking everyone -

Good luck with the trades - I am still doing what I do.....hope Pound Trader is still around.

Cheers.....

Faller.

hey my man, how are u? ..and where the hell have u been and how long u staying? ..this puppy has hardly moved 80 pips tops all week, can hardly call this strong move

good to see old folks in here..and happy thanksgiving bro!
  • #330,499
  • Nov 22, 2012 2:22am Nov 22, 2012 2:22am
Quoting nAVIN2007
hey my man, how are u? ..and where the hell have u been and how long u staying? ..this puppy has hardly moved 80 pips tops all week, can hardly call this strong move

my friend....

been doing my thing.....

I have totally focused on usd.jpy the 3 months and it has provided very well......

I am here......to say hi.....

I am glad u are still around nAVIN2007

I am also glad u r out of that position you were in.....

tell me a happy story!!!!

and I will telll you one!
I don't trust any move - when you have profit...take it.
  • #330,500
  • Nov 22, 2012 2:22am Nov 22, 2012 2:22am
i would say time to buy

eu news, but..
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 17 KB
1,242 traders viewing now