Cable Update (GBPUSD) | Page 17414 | 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)

  • #348,261
  • Oct 7, 2013 12:58pm Oct 7, 2013 12:58pm
Good day to you,

Firmly in sell zone still. Numbers to mark to the upside are 1.6146, 1.6214 and 1.6258.

Sell Targets remain @ 1.5851 , 1.5822 and 1.5560

BE for me currently @ 1.6070

Regards
  • #348,262
  • Oct 7, 2013 1:22pm Oct 7, 2013 1:22pm
Quoting TauTrader
Good day to you, Firmly in sell zone still. Numbers to mark to the upside are 1.6146, 1.6214 and 1.6258. Sell Targets remain @ 1.5851 , 1.5822 and 1.5560 BE for me currently @ 1.6070 Regards
What is BE?
  • #348,263
  • Oct 7, 2013 1:32pm Oct 7, 2013 1:32pm
Quoting nAVIN2007
{quote} hopefully this react here bro goto have faith the weekly will playout {image}
How many lots do you have there? Looks crazy
  • #348,264
  • Oct 7, 2013 1:35pm Oct 7, 2013 1:35pm
Quoting Ivanqus
{quote} What is BE?
Good day to you, Ivanqus

Break Even

Regards
  • #348,265
  • Oct 7, 2013 1:36pm Oct 7, 2013 1:36pm
Lets see where this goes.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 21 KB
  • #348,266
  • Oct 7, 2013 1:38pm Oct 7, 2013 1:38pm
Quoting USD-Bear
{quote} Holy moses, nice collection you've got there! That's what I call faith, gl mate
thanks man
Quoting 1pipperhour
{quote} How many lots do you have there? Looks crazy
£5 a point
  • #348,267
  • Oct 7, 2013 2:04pm Oct 7, 2013 2:04pm
Quoting nAVIN2007
{quote} thanks man {quote} £5 a point
That is religious, GL M8t
  • #348,268
  • Oct 7, 2013 2:07pm Oct 7, 2013 2:07pm
WOW sooo many trades one by one! Good luck
Could You tell level of first short entry ? Just curious.

Once again GL!

Quoting nAVIN2007
{quote} thanks man {quote} £5 a point
  • #348,269
  • Oct 7, 2013 2:12pm Oct 7, 2013 2:12pm
Starting to get some good rejection candles on four hour chart. That with the fact that we have a long ways to go down on daily chart makes me think we could be in for a good move.


I'm short from 1.6225 and added to the short at 1.6086
  • #348,270
  • Oct 7, 2013 2:15pm Oct 7, 2013 2:15pm
Technical history...
Attached Image (click to enlarge)
Click to Enlarge Name: the little picture.png Size: 65 KB
  • #348,271
  • Oct 7, 2013 2:53pm Oct 7, 2013 2:53pm
Quoting lonewolf1
Starting to get some good rejection candles on four hour chart. That with the fact that we have a long ways to go down on daily chart makes me think we could be in for a good move. I'm short from 1.6225 and added to the short at 1.6086
SL for both and total risk of your a/c including other open trades?
  • #348,272
  • Oct 7, 2013 3:03pm Oct 7, 2013 3:03pm
Well the sell from 1.6225 the stops at BE profit has also been taken. I had a fourty pip stop on it originally.

the sell from 1.6086 probably has a stop of 1.6160. Though i might add to the sell there. Have alerts set so not terribly concerned right now.
  • #348,273
  • Oct 7, 2013 3:22pm Oct 7, 2013 3:22pm
Quoting lonewolf1
Well the sell from 1.6225 the stops at BE profit has also been taken. I had a fourty pip stop on it originally. the sell from 1.6086 probably has a stop of 1.6160. Though i might add to the sell there. Have alerts set so not terribly concerned right now.
Could still be a last kiss good bye..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 37 KB
  • #348,274
  • Oct 7, 2013 3:28pm Oct 7, 2013 3:28pm
...signs of strength on the 1hr t/f then (current daily hi @ 38.2% 6250-6005) and today will likely see a bullish bodied daily candle close - possibly an IB (inside bar?) ..4hr looks more mixed than bearish now and the general opa (overall price action) uptrends on daily and weekly are still intact...so the question is - is this just a pullback in the drop from 6259-last week's hi before another down leg or will the uptrend on the higher t/f's continue ?
----------------------------------------------------

10 days to go to the U.s debt ceiling deadline on Oct 17th

G/L
ex member
  • #348,275
  • Oct 7, 2013 3:33pm Oct 7, 2013 3:33pm
We are just trading probabilities right? I'll take the risk that it will drop. Place the trade, and be ok with the results either way. Trust your analysis and get er done.
  • #348,276
  • Oct 7, 2013 4:09pm Oct 7, 2013 4:09pm
Quoting JimmyC
Technical history... {image}
Are you using software to spot this history or doing it all by eye? Its cool either way!
  • #348,277
  • Oct 7, 2013 5:53pm Oct 7, 2013 5:53pm
The longer it rejects 1.6100 the better i feel about the shorts. I could be wrong and that's ok but the pattern is there.
  • #348,278
  • Oct 7, 2013 6:18pm Oct 7, 2013 6:18pm
i'M BEGINNING TO BE A BIT IMPATIENT
New voice message: Why are you calling me? If I need you, I'll call you!
  • #348,279
  • Oct 7, 2013 7:18pm Oct 7, 2013 7:18pm
Quoting KillerWhale
i'M BEGINNING TO BE A BIT IMPATIENT
I guess IF it goes down from here, 1.61 would become a powerful resistance
New voice message: Why are you calling me? If I need you, I'll call you!
  • #348,280
  • Oct 7, 2013 7:24pm Oct 7, 2013 7:24pm
Looks like it is breaking higher on m15 but people are afraid to buy here to send it higher. If it breaches BRN then it will move tho
All posts are my personal opinion
575 traders viewing now, 4 are registered:
cobblecop
,
luisinho
,
F.g
,