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Why is GBPUSD called cable? 67 replies

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Cable Update (GBPUSD)

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  • Post #344,401
  • Quote
  • Jul 29, 2013 8:56am Jul 29, 2013 8:56am
  •  Ambar
  • | Joined May 2013 | Status: Member | 373 Posts
Quoting Parox
Disliked
{quote} We are getting closer that mark and pair will easily break that barrier to reach 1.55
Ignored
1,5349 is very importan resistance,kijun h4 + Tenkan daily. Ichimoku. Daily is bullish.
 
 
  • Post #344,402
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  • Jul 29, 2013 9:16am Jul 29, 2013 9:16am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 21,203 Posts
Quoting Ambar
Disliked
{quote} 1,5349 is very importan resistance,kijun h4 + Tenkan daily. Ichimoku. Daily is bullish.
Ignored

no its not..how can it be bullish?
 
 
  • Post #344,403
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  • Jul 29, 2013 9:47am Jul 29, 2013 9:47am
  •  Ambar
  • | Joined May 2013 | Status: Member | 373 Posts
Quoting nAVIN2007
Disliked
{quote} no its not..how can it be bullish?
Ignored
I see the daily bullish yet, although it has found a big resistance upside. But there is one H4 Kijun flat at 53.47 and one Tenkan daily going upward at 53.43. This is not easy to break. It's a big border. You can choose to put a long here with a tight stop. Althogh there are news. Look the problems the cable has to break now 53.43, realize there is something there. Now they can be waiting for the news.
 
 
  • Post #344,404
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  • Jul 29, 2013 9:54am Jul 29, 2013 9:54am
  •  chazzle
  • Joined Sep 2010 | Status: Member | 11,327 Posts
Quoting nAVIN2007
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{quote} .i spent a fortune on vegetable troughs..
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best wishes for your Mum, Nav - hope it goes well for her -

I'm ok - getting a few weeks feet-up time over here all good
 
 
  • Post #344,405
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  • Edited at 11:13am Jul 29, 2013 10:39am | Edited at 11:13am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 17,447 Posts
ok for Monday ranging with 5345 breached , next day( may even today if the mini crush started> seems so & so correction can be limited to 5365 for go below 5300 ) will search for 5263 breach to 5221 test , decision can be on wednesday / thursday.Market should not be in hurry at this critical situation > aborting crazy bull action at least now .

similar to gold 1323 breaks to start & confirm at 1308, next confirmation 1300 for 1295 to 67 as most toughest areas in gold & can good bounce also !!

eu , http://www.forexfactory.com/showthre...36#post6852836
fontu
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  • Post #344,406
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  • Jul 29, 2013 10:49am Jul 29, 2013 10:49am
  •  TauTrader
  • Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Quoting TauTrader
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{quote} Good day to you, No - unfortunately not. In any case - who would want an indicator that is not 100% reliable? As you can see - I'm losing profits at the moment. Regards
Ignored
Good day,

Decided to keep longs open for a little while more..

Today may be trapping.

Regards
 
 
  • Post #344,407
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  • Jul 29, 2013 11:05am Jul 29, 2013 11:05am
  •  Maso
  • | Joined Feb 2013 | Status: Member | 907 Posts
Quoting TauTrader
Disliked
{quote} Good day, Decided to keep longs open for a little while more.. Today may be trapping. Regards
Ignored
Then do you keep your longs in RED ?
 
 
  • Post #344,408
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  • Jul 29, 2013 11:22am Jul 29, 2013 11:22am
  •  TauTrader
  • Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Quoting Maso
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{quote} Then do you keep your longs in RED ?
Ignored
Good day to you,

I'm still actually in profit. Not much - $100.00 or so.

But yes - I have taken the decision to hold a bit.

All the best.

Regards
 
 
  • Post #344,409
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  • Jul 29, 2013 11:31am Jul 29, 2013 11:31am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 21,203 Posts
Quoting chazzle
Disliked
{quote} best wishes for your Mum, Nav - hope it goes well for her - I'm ok - getting a few weeks feet-up time over here all good
Ignored

thanks buddy
 
 
  • Post #344,410
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  • Jul 29, 2013 12:06pm Jul 29, 2013 12:06pm
  •  TauTrader
  • Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Quoting Maso
Disliked
{quote} Then do you keep your longs in RED ?
Ignored
Sir Maso,

You are obviously a strong bear on GU at the moment. I understand.

Where do you see this pair going?

All success
 
 
  • Post #344,411
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  • Jul 29, 2013 12:13pm Jul 29, 2013 12:13pm
  •  Robot
  • | Joined May 2009 | Status: 10% a month guy | 616 Posts
Quoting TauTrader
Disliked
{quote} Sir Maso, You are obviously a strong bear on GU at the moment. I understand. Where do you see this pair going? All success
Ignored
tautrader your a smart man.
Managed Account Return This Month: na
 
 
  • Post #344,412
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  • Jul 29, 2013 12:27pm Jul 29, 2013 12:27pm
  •  TauTrader
  • Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Quoting Robot
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{quote} tautrader your a smart man.
Ignored
Good day to you, Sir Robot

Not sure.. like to be different though. Has worked for me so far.

I assume you are looking for higher from current levels?

All the best
 
 
  • Post #344,413
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  • Jul 29, 2013 1:02pm Jul 29, 2013 1:02pm
  •  TauTrader
  • Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Good day,

4hr prints a possible long. May give me 10 or 15.

Regards
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  • Post #344,414
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  • Jul 29, 2013 1:39pm Jul 29, 2013 1:39pm
  •  Fx-gtg
  • | Joined Dec 2011 | Status: Member | 947 Posts
Quoting Fx-gtg
Disliked
gbp showing rejection of 61.8 retracement {image}
Ignored
1.5283 will be attacked soon. if it doesnt recover in 1hr 4hr to last week highs
 
 
  • Post #344,415
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  • Jul 29, 2013 6:50pm Jul 29, 2013 6:50pm
  •  str33t
  • | Joined Jul 2013 | Status: Member | 122 Posts
tried to post this before the site went down.. Hopefully you can see between the double image.. Just trying to show theres been re-occuring patterns and fib levels here. Shorted this one this afternoon.
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Fall down 7 times, Stand up 8.
Nu FX Return This Year: na
 
 
  • Post #344,416
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  • Jul 29, 2013 7:01pm Jul 29, 2013 7:01pm
  •  Maso
  • | Joined Feb 2013 | Status: Member | 907 Posts
Quoting TauTrader
Disliked
{quote} Sir Maso, You are obviously a strong bear on GU at the moment. I understand. Where do you see this pair going? All success
Ignored
Honestly, since second of July I stopped thinking bear on cable. I closed one of my shorts then. Now, I see a strong bear pressure on the pair but I am out till Wednesday and Thursday which we'll see two major decisions.

Cable has the potential to seek to 1.40 area as well as shooting up to over 1.70. But it depends on Super Mario and Mr Bernanke.
 
 
  • Post #344,417
  • Quote
  • Jul 30, 2013 1:54am Jul 30, 2013 1:54am
  •  pipsfx
  • | Joined Nov 2008 | Status: Wanted to do well as others too. | 11 Posts
I were wondering weather to sell...it frm bounce [email protected] or Or buy @4hr. As previous post it looks bearish still potential buy for some pips.
 
 
  • Post #344,418
  • Quote
  • Jul 30, 2013 3:56am Jul 30, 2013 3:56am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 21,203 Posts
Quoting Maso
Disliked
{quote} Honestly, since second of July I stopped thinking bear on cable. I closed one of my shorts then. Now, I see a strong bear pressure on the pair but I am out till Wednesday and Thursday which we'll see two major decisions. Cable has the potential to seek to 1.40 area as well as shooting up to over 1.70. But it depends on Super Mario and Mr Bernanke.
Ignored
I also have changed my view i see a potential for 1.45..its very hard to see a clear path..i agree either way its an intervention
 
 
  • Post #344,419
  • Quote
  • Jul 30, 2013 4:56am Jul 30, 2013 4:56am
  •  str33t
  • | Joined Jul 2013 | Status: Member | 122 Posts
Checking out charts on lunch break sucks! Hah, but it seems at least for now we may at least head that way south. 1.45 would be nice though
Fall down 7 times, Stand up 8.
Nu FX Return This Year: na
 
 
  • Post #344,420
  • Quote
  • Jul 30, 2013 5:39am Jul 30, 2013 5:39am
  •  xau
  • | Joined Sep 2012 | Status: :) | 223 Posts
Can't say if this is logical way to draw, what do you think about triangle and its break target?
Attached Image (click to enlarge)
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Name: gbpusd-prom30_triangle.png
Size: 99 KB
 
 
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