Cable Update (GBPUSD) | Page 17293 | 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)

  • #345,841
  • Aug 26, 2013 10:07pm Aug 26, 2013 10:07pm
Maybe if we get over 5590, then north will progress.
There's always money in the banana stand.
  • #345,842
  • Aug 26, 2013 10:13pm Aug 26, 2013 10:13pm
Quoting LizardGizzard
Maybe if we get over 5590, then north will progress.
I am still not convinced by ANY bullish run on the GBPUSD under 1.56-1.57 levels.. the GBPUSD is overdue for a correction down.
and i havent been wrong for a long time when a correction is well under way.... hard for the GBPUSD to reverse against me when the correction is just beginning....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,843
  • Aug 26, 2013 10:21pm Aug 26, 2013 10:21pm
It all depends on the timeframe as well. I am trading the 15M timeframe. One has to trade on ONE and ONE timeframe only in my opinion.
There's always money in the banana stand.
  • #345,844
  • Aug 26, 2013 10:24pm Aug 26, 2013 10:24pm
Quoting LizardGizzard
It all depends on the timeframe as well. I am trading the 15M timeframe. One has to trade on ONE and ONE timeframe only in my opinion.
im trading the H4 and Daily chart, and i have to say GBPUSD is bang on over bought, i wouldnt be too surprised a sell off to happen tomorrow when GBP news comes up Pound Negative.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,845
  • Aug 26, 2013 10:27pm Aug 26, 2013 10:27pm
You could be right on the 4H. I'm trading a shorter TF. I will let the shorter TF tell me when she wants to go south. I will be on board either way.
There's always money in the banana stand.
  • #345,846
  • Aug 26, 2013 10:28pm Aug 26, 2013 10:28pm
but short term, the pound looks north.
There's always money in the banana stand.
  • #345,847
  • Aug 26, 2013 10:29pm Aug 26, 2013 10:29pm
If she gets over 90, that's gonna make for more continuation.
There's always money in the banana stand.
  • #345,848
  • Aug 26, 2013 10:30pm Aug 26, 2013 10:30pm
And she looks more north in the short term.
There's always money in the banana stand.
  • #345,849
  • Aug 26, 2013 10:33pm Aug 26, 2013 10:33pm
Descending triangle. If she gets to 1553, I'm out.
There's always money in the banana stand.
  • #345,850
  • Aug 26, 2013 10:35pm Aug 26, 2013 10:35pm
Just thinking she'll get over 5590. Then smooth sailing north for a while.
There's always money in the banana stand.
  • #345,851
  • Aug 26, 2013 10:49pm Aug 26, 2013 10:49pm
Technical GU analysis 27,August,2013:
-D1:
By counting EW,I think we're in sub-wave iii of wave down 3!We expect PA will go down to 1,42000 or lower!This variant count only is invalid if PA break up 1,57252.A pinbar formed rejecting the supply zone on 21-08.Addtionally,we can see a perfect pattern AB=CD that reinforce we're in bearish market now!Momentum in MACD start changing from up to down now!
-H4:
We can see the bearish divergence in MACD and PA closed below 20 and 50 MA now!We can look for a short around 1,5579 with target at the minor support 1,54216!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GUD127-08-2013 11-51-29 SA.png Size: 35 KB
Click to Enlarge Name: GUH427-08-2013 12-29-42 CH.png Size: 26 KB
  • #345,852
  • Aug 26, 2013 10:52pm Aug 26, 2013 10:52pm
Quoting Ill-b-back
{quote} Last time I checked, one did not have to be a good trader to spot and comment on traders he thought were being hippo critical. As for sticking my nose in to where it does not belong, perhaps you should aim that view and perception at yourself Davit before being critical of others for holding a bias while you yourself held a trading (short) bias. I noticed only those holding a long bias became subject to your advisory tone on the importance of not having a bias. But like I said, it was not that they held a bias that you had problems with,...
You know even if he ignored you he can logout to read your comment and log back in pretending he never read your comment as you are in his ignore list..
  • #345,853
  • Aug 26, 2013 10:58pm Aug 26, 2013 10:58pm
Quoting kaka_ht
Technical GU analysis 27,August,2013: -D1: By counting EW,I think we're in sub-wave iii of wave down 3!We expect PA will go down to 1,42000 or lower!This variant count only is invalid if PA break up 1,57252.A pinbar formed rejecting the supply zone on 21-08.Addtionally,we can see a perfect pattern AB=CD that reinforce we're in bearish market now!Momentum in MACD start changing from up to down now! -H4: We can see the bearish divergence in MACD and PA closed below 20 and 50 MA now!We can look for a short around 1,5579 with target at the minor support...
Good day to you, kaka_ht

thank you for your charts. Just a thought... the Bearish divergence you indicate on your 4hr may have already played out. Would you not say that the current situation is more one of possible hidden bullish divergence?

What is your opinion?

All the best
Attached Image (click to enlarge)
Click to Enlarge Name: GUH427-08-2013 12-29-42 CH.png Size: 46 KB
  • #345,854
  • Aug 26, 2013 11:01pm Aug 26, 2013 11:01pm
Quoting TauTrader
{quote} Good day to you, kaka_ht thank you for your charts. Just a thought... the Bearish divergence you indicate on your 4hr may have already played out. Would you not say that the current situation is more one of possible hidden bullish divergence? What is your opinion? All the best {image}
Tau, it hasnt played out.... the bearish divergence is pointing for profit atleast BELOW the moving averages (144, 169) on the H4 chart...
also the HIDDEN Bullish divergence AFTER a Classic bearish divergence is a CONTINUATION signal for more bear to come....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,855
  • Aug 26, 2013 11:12pm Aug 26, 2013 11:12pm
Quoting fxtyrant
{quote} Tau, it hasnt played out.... the bearish divergence is pointing for profit atleast BELOW the moving averages (144, 169) on the H4 chart... also the HIDDEN Bullish divergence AFTER a Classic bearish divergence is a CONTINUATION signal for more bear to come....
Good day to you, fxtyrant

OK - thank you

All the best
  • #345,856
  • Aug 26, 2013 11:14pm Aug 26, 2013 11:14pm
Anyways.... EURUSD on its way down, GBPUSD lagging behind on the drop but Hints of GBPUSD fall is seen on GBPJPY.....
boy am i stacking up the profits....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,857
  • Aug 26, 2013 11:26pm Aug 26, 2013 11:26pm
gnbp up for a while
There's always money in the banana stand.
  • #345,858
  • Aug 26, 2013 11:32pm Aug 26, 2013 11:32pm
Quoting LizardGizzard
gnbp up for a while
Sure....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,859
  • Aug 26, 2013 11:55pm Aug 26, 2013 11:55pm
Quoting LizardGizzard
gnbp up for a while
Still going up??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,860
  • Aug 26, 2013 11:59pm Aug 26, 2013 11:59pm
Quoting fxtyrant
{quote} Still going up??
why not??? maybe for next 4 hr
even better than mama
281 traders viewing now, 4 are registered:
,
,
alenalex
,