Cable Update (GBPUSD) | Page 16580 | 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)

  • #331,581
  • Dec 4, 2012 8:50am Dec 4, 2012 8:50am
Quoting A-speculator
i think because of commodity related news just being released.. see ucad.. just like BB and I been discussed yesterday.

my point is trade more/focus more into commodity currencies for the time being.
oil been moving down all day - CAD move because of CAD news , believe it or not ...
  • #331,582
  • Dec 4, 2012 9:03am Dec 4, 2012 9:03am
Quoting chazzle
oil been moving down all day - CAD move because of CAD news , believe it or not ...
after soome looking here and there, yes looks like money are flowing into equities (europe equities are gaining big these weeks), some yen, some eur gbp etc.

Just particular the fact that commodities and usd are not reversely correlated anymore (at least for now), but well that's the way it go.

  • #331,583
  • Dec 4, 2012 9:05am Dec 4, 2012 9:05am
Quoting TauTrader
good day to all,

I have now added another short on EU from the initial entry yesterday..

No GU trades..

Let us hope we do not get to this..

(click on the chart to open in a new screen..)
Good day Mr. Tau..
Elephant bulls now approaching the real firework zone here.. it may over-shoot a bit.. but 1.3150 may be a hard nut to crack on the 1st go from here..
May the elephant bears be with you..
  • #331,584
  • Dec 4, 2012 9:08am Dec 4, 2012 9:08am
Quoting _BBKing_
i also notice that possibility!!
maybe not 3-4 weeks, just few more but surely not to be excluded.
must wait patiently price to show weakness for that.
I think I'll also wait it out and re-enter only if it goes below 1.6. If this week ends above 1.6, I might go long actually.
  • #331,585
  • Dec 4, 2012 9:09am Dec 4, 2012 9:09am
Quoting TauTrader
good day to all,

I have now added another short on EU from the initial entry yesterday..

No GU trades..

Let us hope we do not get to this..

(click on the chart to open in a new screen..)
LOL!
  • #331,586
  • Dec 4, 2012 9:15am Dec 4, 2012 9:15am
Quoting TauTrader
good day to all,

I have now added another short on EU from the initial entry yesterday..

No GU trades..

Let us hope we do not get to this..

(click on the chart to open in a new screen..)
spectacular!!!
90% of traders use TA, indicators and prediction
  • #331,587
  • Dec 4, 2012 9:16am Dec 4, 2012 9:16am
Quoting CasperTrader
Actually both. Planning to add both at 6140 and 6175. I have a feeling that we might see a very swift move down to 1.57 within next 3-4 weeks. I'm probably dreaming. See attached.
very realistic scenario, me too dream of it, I already in short
Attached Image
  • #331,588
  • Dec 4, 2012 9:18am Dec 4, 2012 9:18am
Quoting cdndollar
Good day Mr. Tau..
Elephant bulls now approaching the real firework zone here.. it may over-shoot a bit.. but 1.3150 may be a hard nut to crack on the 1st go from here..
May the elephant bears be with you..
Mr.C -

Tell me - where are you at?

Your initial take on GU and EU were very correct... well done on that.

The area you mentioned will be my very last short entry towards 1.2910.

The elephants seems to follow instruction - in japanese " whe ewephants seems to fowwow instwuction"

Elephant bears will be awkward creatures - just saying - but thank you so much - I think...

All success to you sir
  • #331,589
  • Dec 4, 2012 9:19am Dec 4, 2012 9:19am
Quoting CasperTrader
I think I'll also wait it out and re-enter only if it goes below 1.6. If this week ends above 1.6, I might go long actually.
i guess price will in some ways meet previous high 6050-60 before any further up.
actually waiting out to try long if there.
position in chart shows a running short but is a demo position so not to be considered at all!
Attached Image (click to enlarge)
Click to Enlarge Name: GU1_Chart_GBP_USD_Hourly_snapshot.jpg Size: 78 KB
90% of traders use TA, indicators and prediction
  • #331,590
  • Dec 4, 2012 9:23am Dec 4, 2012 9:23am
Quoting _BBKing_
spectacular!!!
Mr.BB-

Yes - that is my bank balance expressed in candles... should we not make up our minds here..

Like your early morning wake ups for the video presentations... but why is that girl there connecting you all the time? Are you 100% sure you are doing this for the love of forex? OR is there more to this early wake up stuff...

Do tell
  • #331,591
  • Dec 4, 2012 9:25am Dec 4, 2012 9:25am
Quoting A-speculator
i think because of commodity related news just being released.. see ucad.. just like BB and I been discussed yesterday.

my point is trade more/focus more into commodity currencies for the time being.
hello, yes Ucad still into rangy area and me still waiting something to happen out there to get a direction.
90% of traders use TA, indicators and prediction
  • #331,592
  • Dec 4, 2012 9:27am Dec 4, 2012 9:27am
Quoting TauTrader
Mr.BB-

Yes - that is my bank balance expressed in candles... should we not make up our minds here..

Like your early morning wake ups for the video presentations... but why is that girl there connecting you all the time? Are you 100% sure you are doing this for the love of forex? OR is there more to this early wake up stuff...

Do tell
surely that helps !
i mentioned our chat here yesterday about repeating patterns etc... hope you don't mind.
90% of traders use TA, indicators and prediction
  • #331,593
  • Dec 4, 2012 9:32am Dec 4, 2012 9:32am
Quoting _BBKing_
surely that helps !
i mentioned our chat here yesterday about repeating patterns etc... hope you don't mind.
Hehe - not at all - it's in the charts anyway.

But have you also noticed the "mirrors"?

Will show you just now... gotta go for a few minutes.

You are a good dude. Very well done on spending the time to make people aware. Good job

Regards
  • #331,594
  • Dec 4, 2012 9:32am Dec 4, 2012 9:32am
but I can't understand why the most of participants here believe in 1,6140? I see that level 1,6130 quite strong resistance therefore opened short from it
  • #331,595
  • Dec 4, 2012 9:38am Dec 4, 2012 9:38am
Quoting TauTrader
Hehe - not at all - it's in the charts anyway.

But have you also noticed the "mirrors"?

Will show you just now... gotta go for a few minutes.

You are a good dude. Very well done on spending the time to make people aware. Good job

Regards
i guess i already understand what you mean by mirrors! anyway would be interesting to know what you mean!
about the video stuff i like the possibility to be on line live, share ideas, levesls etc... believe me or not... this helps me a lot in improving my trading! i feel like "if i have to say something publicly... i have to say it right!"
90% of traders use TA, indicators and prediction
  • #331,596
  • Dec 4, 2012 9:41am Dec 4, 2012 9:41am
Quoting PskovFX
but I can't understand why the most of participants here believe in 1,6140? I see that level 1,6130 quite strong resistance therefore opened short from it
IMO... everywhere between 6120 and 6180 there are reasons for shorts to appear. it's just 60pips range!! a lot of pips using the m5 chart but looking in monthly point of view... it is nothing, just a spike!
90% of traders use TA, indicators and prediction
  • #331,597
  • Dec 4, 2012 9:59am Dec 4, 2012 9:59am
so we're going to have a 40pips range day? sad...
  • #331,598
  • Dec 4, 2012 9:59am Dec 4, 2012 9:59am
Quoting _BBKing_
IMO... everywhere between 6120 and 6180 there are reasons for shorts to appear. it's just 60pips range!! a lot of pips using the m5 chart but looking in monthly point of view... it is nothing, just a spike!
you are absolutely right about this range 1,6120-1,6180, but I consider that art of the trader in finding really strong entry levels in this range, so that without averaging and fear for stop loss
I, as well as many here, use all time periods in decision-making
  • #331,599
  • Dec 4, 2012 10:20am Dec 4, 2012 10:20am
Mamma MiA!!! my yen trades finally coming to fruition!!!
FUCK YES!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,600
  • Dec 4, 2012 10:21am Dec 4, 2012 10:21am
Quoting _BBKing_
IMO... everywhere between 6120 and 6180 there are reasons for shorts to appear. it's just 60pips range!! a lot of pips using the m5 chart but looking in monthly point of view... it is nothing, just a spike!
the m15 chart traders wont understand us.... LOL in the mean time... mamma mia!
my yen trades
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
503 traders viewing now, 3 are registered:
Niru
,
,
bblizardd