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Cable Update (GBPUSD)

  • #347,961
  • Oct 2, 2013 1:57am Oct 2, 2013 1:57am
here we gooooo 1.6300 on its way IMO ... added some more longs at 1.62 10 pip stop 100 pip profit nice 10 to 1 ratio
Loser trying to become a winner!
  • #347,962
  • Oct 2, 2013 1:58am Oct 2, 2013 1:58am
Quoting bbmac
...potential near-term upside obstacles per 1hr below G/L {image}
and after the obstacle will crunch the stops above the pinbar?
Don't give up
  • #347,963
  • Oct 2, 2013 2:02am Oct 2, 2013 2:02am
anything can happen !...time will tell....

G/L

Quoting geomink
{quote} and after the obstacle will crunch the stops above the pinbar?
ex member
  • #347,964
  • Oct 2, 2013 2:03am Oct 2, 2013 2:03am
Quoting eitan1010
for now its look like long position..lets see after news reaction..{image}
added another long
when GOD brings you a challenge he also gives you the power to deal with it
  • #347,965
  • Oct 2, 2013 2:04am Oct 2, 2013 2:04am
this is a long pair
can take only CT few retracement
Don't give up
  • #347,966
  • Oct 2, 2013 2:32am Oct 2, 2013 2:32am
Quoting geomink
this is a long pair can take only CT few retracement
on what time frame, minutes, hours, days weeks or months?
Don't be a hero. Don't have an ego. Always question yourself
  • #347,967
  • Oct 2, 2013 2:49am Oct 2, 2013 2:49am
Quoting USD-Bear
{quote} on what time frame, minutes, hours, days weeks or months?
Daily + H4 + H1 + M30 + M15 + M5

and it's enough for me to take only small ct intraday short trade
Don't give up
  • #347,968
  • Oct 2, 2013 3:40am Oct 2, 2013 3:40am
... price struggling at the previous 1hr swing lo zone (prev support, now resistance ?)......how strong are the bears ? ..bet the bounce from 6162 has got them running to the woods to take a .... - this after it all seemed to be going nicely off yesterday's 6259 hi ..anything can happen !

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 64 KB
ex member
  • #347,969
  • Oct 2, 2013 3:42am Oct 2, 2013 3:42am
Quoting geomink
{quote} Daily + H4 + H1 + M30 + M15 + M5 and it's enough for me to take only small ct intraday short trade
right, good to know
Don't be a hero. Don't have an ego. Always question yourself
  • #347,970
  • Oct 2, 2013 3:45am Oct 2, 2013 3:45am

In case cable traders haven’t noticed, an “orange” level (medium impact) GBP BOE speaker has been added to the forex factory calendar to speak in 15 minutes time

  • #347,971
  • Oct 2, 2013 3:54am Oct 2, 2013 3:54am
I can't remember with these Uk Boe Mpc members they change so often- but I don't think he is one of the uber doves or uber hawks - but you never know - could cause some movement .

G/L

Quoting Mowman
In case cable traders haven’t noticed, an “orange” level (medium impact) GBP BOE speaker has been added to the forex factory calendar to speak in 15 minutes time
ex member
  • #347,972
  • Oct 2, 2013 4:10am Oct 2, 2013 4:10am
seriously.. do you all still consider trading cable in current pattern? better to trade fiber imho atm..
  • #347,973
  • Oct 2, 2013 4:18am Oct 2, 2013 4:18am
if judging from other pairs, i will vote for bearish in near term for cable.. just can't find suitable and safe entry price and atm cable pattern for bearish not as clear as other pairs..

anyway, GL guys.
  • #347,974
  • Oct 2, 2013 5:08am Oct 2, 2013 5:08am
For now, the H4 has put a top in 2 days ago...........

The Daily is still long, but weakening............
Attached Image (click to enlarge)
Click to Enlarge Name: 10_2_13 GU top 2 days ago.JPG Size: 167 KB
The More You Learn, The More You Earn.....
  • #347,975
  • Oct 2, 2013 5:22am Oct 2, 2013 5:22am
Quoting eitan1010
{quote} added another long
.....well tp bell ring twice
when GOD brings you a challenge he also gives you the power to deal with it
  • #347,976
  • Oct 2, 2013 5:22am Oct 2, 2013 5:22am
entered small short @ 1.6225

GU M15:

Attached Image (click to enlarge)
Click to Enlarge Name: Picture0025.png Size: 96 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #347,977
  • Oct 2, 2013 5:26am Oct 2, 2013 5:26am
Triggered short fiber 3530 and long swissy 9140.. tight stop.. sideline still on cable..
  • #347,978
  • Oct 2, 2013 5:33am Oct 2, 2013 5:33am
Still flat on GBPUSD daily chart though. The cable need some "motivation".
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 54 KB
  • #347,979
  • Oct 2, 2013 5:48am Oct 2, 2013 5:48am
Quoting forexalien
For now, the H4 has put a top in 2 days ago........... The Daily is still long, but weakening............ {image}
Yeah and i made the mistake of getting in this one before Draghi opened his mouth sending EUR ripping and GBP tagging along
  • #347,980
  • Oct 2, 2013 5:54am Oct 2, 2013 5:54am
Quoting eitan1010
for now its look like long position..lets see after news reaction..{image}

hmmmm....well.. charts, best indis and most imprtant PA!! didnt dissapointed me again.

out for today..later Mr. ben will atack market again

GL all and take care
when GOD brings you a challenge he also gives you the power to deal with it
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