Cable Update (GBPUSD) | Page 16817 | 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)

  • #336,321
  • Feb 25, 2013 10:10pm Feb 25, 2013 10:10pm
http://www.forex-tribe.com/img/Patte...nd-Bottoms.png

Quoting iqyu5an
a kind of diamond formation in progress ....
once 5300 broken... seems 5500 - 5600 should be on eyed

but dunno also mate...
not euphoria follower
  • #336,322
  • Edited 10:57pm Feb 25, 2013 10:11pm | Edited 10:57pm
ok, correction so far gu while eu continue tanking below 3104 towards 3034/2998/2880 .charts update .if that is the case eu then gu should ultimately stop more correction , limit 5234 to start towards base , at least 5100 to rethink 5000 or not now. and if 5234 breaks then upside ( more correction up ) should resume for 5280,5317 levels , 5100 still a function though .
fontu

update chart > 5196 broken , not 95 still , watching this level if hold for more up or break for down more , again d top happened .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.gif Size: 16 KB
Click to Enlarge Name: gu1.gif Size: 13 KB
Click to Enlarge Name: gu3.gif Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #336,323
  • Feb 25, 2013 10:18pm Feb 25, 2013 10:18pm
Quoting iqyu5an
http://www.forex-tribe.com/img/Patte...nd-Bottoms.png
Yep possible, I'm going to wait another day.

If goes bullish, I'm watching 5470 - 80 area.
Come with me if you want to live....
  • #336,324
  • Feb 25, 2013 11:00pm Feb 25, 2013 11:00pm
Quoting Ill-b-back
Yep possible, I'm going to wait another day.

If goes bullish, I'm watching 5470 - 80 area.
Diamond itself a strong bearish pattern/intention , yes invalidate do the same strong reversal also . smaller tf likely invalidate mostly but here market in no normal mode & hence may not.so bearish more for next 2 days .anyway at which tf you see a diamond ,looks from your target in smaller tf only, can't find, chart please & so see next time .
thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #336,325
  • Feb 25, 2013 11:05pm Feb 25, 2013 11:05pm
how is the weekend gap ? filled ? or ?

Quoting fontu
Diamond itself a strong bearish pattern/intention , yes invalidate do the same strong reversal also . smaller tf likely invalidate mostly but here market in no normal mode & hence may not.so bearish more for next 2 days .
thanks ,
fontu
not euphoria follower
  • #336,326
  • Feb 25, 2013 11:09pm Feb 25, 2013 11:09pm
Quoting iqyu5an
how is the weekend gap ? filled ? or ?
Depends on your broker...

FXCM was filled yesterday due to the fact that it was still open to catch Friday's free fall when UK was downgraded. So as far as I'm concerned there is currently no Gap on GBP/USD.

Another broker that I use for charting purposes is not filled. This is why "Gaps" are controversial.
  • #336,327
  • Feb 25, 2013 11:11pm Feb 25, 2013 11:11pm
i got your point .. and understand...

depends on servertime .........
Quoting 100PipsADay
Depends on your broker...

FXCM was filled yesterday due to the fact that it was still open to catch Friday's free fall when UK was downgraded. So as far as I'm concerned there is currently no Gap on GBP/USD.

Another broker that I use for charting purposes is not filled. This is why "Gaps" are controversial.
not euphoria follower
  • #336,328
  • Feb 25, 2013 11:46pm Feb 25, 2013 11:46pm
Quoting iqyu5an
i got your point .. and understand...

depends on servertime .........
Hi iqyu, are you still long on EU?
  • #336,329
  • Feb 25, 2013 11:55pm Feb 25, 2013 11:55pm
clear already

re positiion to LONG GU at 509x last night ( gmt + 7 )



Quoting iqyu5an
clear out at 328x

flat in euro.

re- add long in GU


Quoting CasperTrader
Hi iqyu, are you still long on EU?
not euphoria follower
  • #336,330
  • Feb 26, 2013 12:09am Feb 26, 2013 12:09am
Quoting iqyu5an
clear already

re positiion to LONG GU at 509x last night ( gmt + 7 )
Good for you! I'm scared to touch GU for long I was thinking of long in EU but I guess I will wait. Thanks.
  • #336,331
  • Feb 26, 2013 12:13am Feb 26, 2013 12:13am
tq. am waiting also for eu



Quoting CasperTrader
Good for you! I'm scared to touch GU for long I was thinking of long in EU but I guess I will wait. Thanks.
not euphoria follower
  • #336,332
  • Feb 26, 2013 3:27am Feb 26, 2013 3:27am
Long on Gu....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5555.gif Size: 16 KB
Click to Enlarge Name: sssss.gif Size: 20 KB
  • #336,333
  • Feb 26, 2013 8:25am Feb 26, 2013 8:25am
http://images4.fanpop.com/image/phot...-2560-1793.jpg
not euphoria follower
  • #336,334
  • Feb 26, 2013 9:14am Feb 26, 2013 9:14am
Solid US news may see this retest the lows again.
Money never sleeps...
  • #336,335
  • Feb 26, 2013 9:15am Feb 26, 2013 9:15am
lots of buyers i feel though at 1.505 through to 1.51
Money never sleeps...
  • #336,336
  • Feb 26, 2013 9:16am Feb 26, 2013 9:16am
Quoting inpatient
lots of buyers i feel though at 1.505 through to 1.51
As long as it hits S1 at 1.5100 I am happy.

R1 at 1.5212 has been rejected practically 6 times on the hourly today. Going down to find some more buyers seems the only logical direction, plus it is in my interests .
  • #336,337
  • Feb 26, 2013 9:38am Feb 26, 2013 9:38am
Quoting blobsaudio
As long as it hits S1 at 1.5100 I am happy.

R1 at 1.5212 has been rejected practically 6 times on the hourly today. Going down to find some more buyers seems the only logical direction, plus it is in my interests .

yeah im one of those buyers, set pending orders at 1.514, 1.512, 1.51, .1.508 and 1.506

hooked two of them already and hoping for more.
Money never sleeps...
  • #336,338
  • Feb 26, 2013 9:40am Feb 26, 2013 9:40am
i think the dollar index is primed for a reversal and this good news coming from the us is maybe the last hurrah to test the lows before hopefully gathering the strength to recover back to the mid 50's
Money never sleeps...
  • #336,339
  • Feb 26, 2013 9:43am Feb 26, 2013 9:43am
that bottomed at 1.5118 and i wouldnt think it would have been enough to give the strength needed to push us much higher than 1.52
Money never sleeps...
  • #336,340
  • Feb 26, 2013 9:49am Feb 26, 2013 9:49am
Quoting inpatient
yeah im one of those buyers, set pending orders at 1.514, 1.512, 1.51, .1.508 and 1.506

hooked two of them already and hoping for more.
Good luck with those trades. 2 of my 3 shorts missed their exits but I won't be surprised if I see the price hit 1.5100 later.
300 traders viewing now, 2 are registered:
Ahsan
,
Joshuaenya