Cable Update (GBPUSD) | Page 17085 | 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)

  • #341,681
  • May 24, 2013 2:39pm May 24, 2013 2:39pm
Quoting rwr
Why is the pound up? uk is in the shitter. this a good example of why most of the time retail forex is just legalized gambling...guess that's why it's so addicting...we love being right 3 out of 100 times...what a suckers game... that's why i won't bet any more than a dime a pip...better odds in Vegas.
... 3 out of 100??? You might want to stay away from Vegas too.

I prefer 14 out of 18 myself .

But to answer your question, it's more due to the dollar correcting down, than the pound going up. I had a fun week myself.
Attached Image (click to enlarge)
Click to Enlarge Name: This week.PNG Size: 33 KB
Ghost Rider - WWTBMD?
  • #341,682
  • May 24, 2013 2:56pm May 24, 2013 2:56pm
GBP/USD in my view is still bearish. The last 2 daily bars look weak and ive opened a short order looking for 1.50 area

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 8 KB
  • #341,683
  • May 24, 2013 3:22pm May 24, 2013 3:22pm
Quoting albchr
{quote} ... 3 out of 100??? You might want to stay away from Vegas too. I prefer 14 out of 18 myself . But to answer your question, it's more due to the dollar correcting down, than the pound going up. I had a fun week myself. {image}

in other words, USD buyers want a lower price and GBP sellers want a longer rally so they are waiting for a higher price..

I just want to add that the USD's index will not be having a smooth ride up on monthly imo.. just from the tech side..

And yeah, I had a good week to.. thank Goodness for that..

cheers
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,684
  • May 24, 2013 3:25pm May 24, 2013 3:25pm
Quoting albchr
{quote} ... 3 out of 100??? You might want to stay away from Vegas too. I prefer 14 out of 18 myself . But to answer your question, it's more due to the dollar correcting down, than the pound going up. I had a fun week myself. {image}
my win ratio for the week is just 1.5% higher at 78
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,685
  • May 24, 2013 3:28pm May 24, 2013 3:28pm
what i mean to say is.. its not vagas..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,686
  • May 24, 2013 8:48pm May 24, 2013 8:48pm
Loonie tune + Kangaroo hop = Pound wobble?
Attached Image (click to enlarge)
Click to Enlarge Name: GBP W1-20130525- vs Loonie +Aussie.png Size: 82 KB
  • #341,687
  • May 25, 2013 3:05am May 25, 2013 3:05am
Quoting el_duende
GBP/USD in my view is still bearish. The last 2 daily bars look weak and ive opened a short order looking for 1.50 area {image}


Agreed. I've opened short myself ..... except that I'm looking for 1.4 area.

1.562 hard stop for the trade, but will look to move the stop once price test 1.4825 support which happens to be the monthly pivot support as well.

Good luck.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: guw.png Size: 24 KB
Click to Enlarge Name: guw1.png Size: 37 KB
Thank You
  • #341,688
  • May 25, 2013 5:51am May 25, 2013 5:51am
Not happy with the weekly lows last & some scalpings /interday short still remain open knowingly that playing actually 1 possible lows, no closed . 5157 1 critcal for further correction remain unharmed here & so expecting same as before to down for some more before the real bonce /correction to & above 5322 before the real hit bottom & lows . will see other pairs in favor of my views .so bear still may to continue .Monthly in favor as few days still open for action .
Thanks
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 36 KB
Click to Enlarge Name: gbpusddaily.png Size: 33 KB
Click to Enlarge Name: gbpusdweekly1.png Size: 39 KB
Click to Enlarge Name: gbpusdmonthly.png Size: 31 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,689
  • May 26, 2013 3:02am May 26, 2013 3:02am
1280 pips last week, ......best week so far...
Still have some floating position because of bad entry at NY season, cut loss will be done if needed on monday... The bull has been creating higher and higher low, and also 2 daily bullish candle..... Bull starting in action?... we will see...
Attached Image (click to enlarge)
Click to Enlarge Name: trade-Lastweek.png Size: 15 KB
  • #341,690
  • May 26, 2013 6:54am May 26, 2013 6:54am
My sentiment indicators tell me that there is a lot of pessimism on the Cable to be exploited in a contrary optical.
  • #341,691
  • May 26, 2013 7:41am May 26, 2013 7:41am
i feel good with Short opinion guys.
Open already before the Market closed.
Hope that way to be with me:-)
Smile, Breath, and Go slowly
  • #341,692
  • May 26, 2013 3:31pm May 26, 2013 3:31pm
I see cable heading to 1.5193
  • #341,693
  • May 26, 2013 4:32pm May 26, 2013 4:32pm
is it going up
  • #341,694
  • May 26, 2013 4:42pm May 26, 2013 4:42pm
I see going up with gap and no volume this early open market.
Smile, Breath, and Go slowly
  • #341,695
  • May 26, 2013 6:24pm May 26, 2013 6:24pm
Watch and enjoy because this is going nowhere. You realise London and New York are closed today?
  • #341,696
  • May 26, 2013 6:38pm May 26, 2013 6:38pm
yes, i think is boring this monday about gbpusd
  • #341,697
  • May 26, 2013 10:09pm May 26, 2013 10:09pm
Morning , just watching till settle for any good play . gu watching for 5157 , breaks for 5193/00 & 5281/00 and 3000 & 3033 breaks if then 3193,3270 & 3300 plays . not broken those limits , go only down immediately .yes give up some for another crazy likely to test them.
take care .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 38 KB
Click to Enlarge Name: gbpusdh4.png Size: 37 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,698
  • May 26, 2013 11:51pm May 26, 2013 11:51pm
Hi Guys

Sorry last week was a bit bussy and was not able to do posting. The week resulted in a loss of 5 percent. Will try to most more often this week. This morning i have entered a sell trade will let you know the results tomorow morning.

Enjoy your day
  • #341,699
  • May 27, 2013 12:53am May 27, 2013 12:53am
Quoting rwr
Why is the pound up? uk is in the shitter. this a good example of why most of the time retail forex is just legalized gambling...guess that's why it's so addicting...we love being right 3 out of 100 times...what a suckers game... that's why i won't bet any more than a dime a pip...better odds in Vegas.
Its only gambling if you don't know what you are doing
  • #341,700
  • May 27, 2013 12:55am May 27, 2013 12:55am
Quoting baherhosni
{quote}my win ratio for the week is just 1.5% higher at 78

my win ratio has been at 100 percent since may 17. however, im a swing/position trader so the downward trend halting slightly for a correction is no surprise to me on any of the major pairs.
411 traders viewing now, 1 is registered:
bblizardd