Cable Update (GBPUSD) | Page 16662 | 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)

  • #333,221
  • Jan 5, 2013 6:45am Jan 5, 2013 6:45am
more. because at or around that level is a TL that GJ broke through without a "glance". It make sense that it will revisit that area at some stage. To either retest. Or to drop below. And that probably is not fantastic for GU bulls
  • #333,222
  • Jan 5, 2013 6:58am Jan 5, 2013 6:58am
Quoting Mpt
more. because at or around that level is a TL that GJ broke through without a "glance". It make sense that it will revisit that area at some stage. To either retest. Or to drop below. And that probably is not fantastic for GU bulls

the gbp index is to weaken next week as there is a bearish pin on the weekly, USD index mind u is also looking week but not as weak..so my guess is we are not moving anywhere quick monday
  • #333,223
  • Jan 5, 2013 9:31am Jan 5, 2013 9:31am
Bullish hammer ,if move up on $ weakness is my guess also
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 5-1-13 d1.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #333,224
  • Jan 5, 2013 9:36am Jan 5, 2013 9:36am
Not thinking there gaps at all ,just your broker over holiday open times



Quoting TauTrader
Good day,

Just stopped by over the weekend to post up a chart. A little off topic perhaps - but something that bothers me still. There has been a lot of discussion over gaps. I never trade them as a strategy, but I do note them.And by chance - these gaps do fill at a high probability rate...

GU/JPY is sitting with a possible problem... how will this be settled? Either GU unaffected and JPY does the work - or GU does the job. Should GU do the job, well... we are going to have an issue with longs in the near future...

Just saying..

Regards...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #333,225
  • Jan 5, 2013 9:56am Jan 5, 2013 9:56am
Quoting nAVIN2007
the gbp index is to weaken next week as there is a bearish pin on the weekly, USD index mind u is also looking week but not as weak..so my guess is we are not moving anywhere quick monday
agrre, gbp (harmonics patterns & candle formations & stoch week/mont all) is STRONG bearish
Attached Image (click to enlarge)
Click to Enlarge Name: gbplfx_week.gif Size: 41 KB
  • #333,226
  • Jan 5, 2013 12:16pm Jan 5, 2013 12:16pm
Perhaps it's Sterling's turn to join the race to debase...

Quote
On November 26, 2012, the British Chancellor of the Exchequer, George Osborne, announced the appointment of Carney as the next Governor of the Bank of England. Carney is expected to assume the position on July 1, 2013
wiki

An ex goldman sachs big-wig and the best way to pay back debt is to devalue the currency. This year, we should see central banks creating negative interest rates, following the example of the Danish kroner.

Just had a mooch, and indeed the LIBOR swiss franc is now showing negative overnight rates!

Edit:Matt Taibbi's excellent article about goldman sachs
Politics is the womb in which war develops.
  • #333,227
  • Jan 6, 2013 3:00am Jan 6, 2013 3:00am
Bounce off support level and possibly a reversal, we also do see a higher low
  • #333,228
  • Jan 6, 2013 2:20pm Jan 6, 2013 2:20pm
Quoting nahman
Bounce off support level and possibly a reversal, we also do see a higher low
Reversal against a weekly candle like that? Lol
  • #333,229
  • Jan 6, 2013 2:29pm Jan 6, 2013 2:29pm
Quoting nahman
Bounce off support level and possibly a reversal, we also do see a higher low
Short term correction/bounce off of 1.60 maybe, reversal? Seriously doubt it.
  • #333,230
  • Jan 6, 2013 2:36pm Jan 6, 2013 2:36pm
Quoting Kanzler
Short term correction/bounce off of 1.60 maybe, reversal? Seriously doubt it.
That's more like it. A retracement in the downtrend.
  • #333,231
  • Jan 7, 2013 1:02am Jan 7, 2013 1:02am
Quoting nahman
Bounce off support level and possibly a reversal, we also do see a higher low
She still moves in bullish range in Daily chart.

I will jump on the chart heading North if someone tries to push down around level of 16000

TP1 50 pips, TP2 16375 and SL 15900

Good trading week to all

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4h tf 31 oct2012b.gif Size: 42 KB
  • #333,232
  • Jan 7, 2013 2:26am Jan 7, 2013 2:26am
I'm sharing my technical analysis live at this link in just few minutes
topic
EU
GU
Egbp
GOLD
about 10 minutes each one.
Q&A by live chat.
it's 100% free, if you like just "click to join". tks
90% of traders use TA, indicators and prediction
  • #333,233
  • Jan 7, 2013 4:35am Jan 7, 2013 4:35am
resistence @ 60 now broken by bulls, if it holds as short term support now, may try a long targeting 18-20 pips, tight sl.
  • #333,234
  • Jan 7, 2013 4:41am Jan 7, 2013 4:41am
Quoting Freshpips
resistence @ 60 now broken by bulls, if it holds as short term support now, may try a long targeting 18-20 pips, tight sl.
60 Didnt hold.
  • #333,235
  • Jan 7, 2013 5:19am Jan 7, 2013 5:19am
85.4% of 5960-6349 in the previous 1hr/4hr swing lo zone created by last week's low now after the fall off the cliff of 6349 last week to a 6007 low. This zone in a previous daily swing lo zone. Daily has now printed a LL (could become a frcactal swing lo depending on today's daily candle close) below the last L and HL of it's opa uptrend threatening such an uptrend. Although not shown on pic belo main upside fibs are those from the move plotted from 6349-6007.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: dly.jpg Size: 109 KB
ex member
  • #333,236
  • Jan 7, 2013 6:21am Jan 7, 2013 6:21am
Good day,

Sideways so far.. I'm looking at the 4hr and am waiting for a cross or continuation. I believe we will see a move lower over the next 12 hrs - 24 hrs - then as the cross confirms we may head higher. Contradicting at present - so not taking any position on GU.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: blah2.jpg Size: 85 KB
  • #333,237
  • Edited 7:08am Jan 7, 2013 6:39am | Edited 7:08am
Quoting TauTrader
Good day,

Sideways so far.. I'm looking at the 4hr and am waiting for a cross or continuation. I believe we will see a move lower over the next 12 hrs - 24 hrs - then as the cross confirms we may head higher. Contradicting at present - so not taking any position on GU.

Regards
This area is "normally" a good area to expect a little rise from, but one has to be careful - as divergence is always possible. Gut tells me we are a bit too high right now.. The cross is the key... so I have taken a short here - will not hold too long. See if it wants to fake it.

Do not know how to state it... if she wants to go up, she really needs to go down first?

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: blah2.jpg Size: 93 KB
  • #333,238
  • Jan 7, 2013 7:47am Jan 7, 2013 7:47am
Good day,

Too silent - this thread.

Next 4hr bar for me closes in +- 15 min. Next 4hr bar down I wish.

Plenty people in attendance.

Please introduce yourself - tell us who you are and where from...

I would like to get to know you better.

Let us keep the thread alive.

Regards

TT
  • #333,239
  • Jan 7, 2013 8:16am Jan 7, 2013 8:16am
my GU study
15minutes youtbe video
tks
Inserted Video
90% of traders use TA, indicators and prediction
  • #333,240
  • Jan 7, 2013 10:11am Jan 7, 2013 10:11am
Quoting TauTrader
Good day,

Too silent - this thread.

Next 4hr bar for me closes in +- 15 min. Next 4hr bar down I wish.

Plenty people in attendance.

Please introduce yourself - tell us who you are and where from...

I would like to get to know you better.

Let us keep the thread alive.

Regards

TT

Hello Tau Trader,

I haven't posted for a long while but I still sometimes pop in to look for a few posters and also for a chuckle.
Hope the thread stays alive and well and that people here find success in 2013.
"Timing Is Everything. Really I Swear It Is"
396 traders viewing now, 1 is registered:
saidi01