Cable Update (GBPUSD) | Page 17528 | 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)

  • #350,541
  • Oct 25, 2013 2:27am Oct 25, 2013 2:27am
Quoting sepuluh
no technical... just market speculation........... dont always believe to your technical ..............................

everything is in the chart..
  • #350,542
  • Oct 25, 2013 2:32am Oct 25, 2013 2:32am
Quoting cdndollar
Cable on course for pigment expansion up to the 61.8 \"Lotus petals\".. {image} {quote}
OMG you've resorted to Flower Power. What happened to the elephants?

Hope you're doing well buddy.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,543
  • Oct 25, 2013 2:35am Oct 25, 2013 2:35am
Quoting magicgate
{quote} IMO now is the best time to short GU within the last two weeks. Especially as it's a Friday and should be a correction time later
2am* Tuesday gmt
Founder of Sutherland Wave Principle
  • #350,544
  • Oct 25, 2013 2:37am Oct 25, 2013 2:37am
62% of 20 day atr [which is 108] covered so far today and still only 49% of 20 week atra so far this week on last trading day of week...so far this month as it is drawing to a close next week...70% of 20 month atr covered by price. So plenty of room for movement today in this respect.

If this data isn't strong enough to push up it only leaves 2 more options for price lol !

G/L
ex member
  • #350,545
  • Oct 25, 2013 2:41am Oct 25, 2013 2:41am
Eurusd finally reached it's 61.8 from previous weekly swing and started to make it's reaction. Usdjpy is also at a decent support zone with multiple confluences. Dollar index is sitting at 79. I just can't find any reason to buy cable at this point as far as the dollar correlation.
It is already too expensive to buy anyways.. time to sell...
  • #350,546
  • Oct 25, 2013 2:43am Oct 25, 2013 2:43am
Quoting magicgate
{quote} IMO now is the best time to short GU within the last two weeks. Especially as it's a Friday and should be a correction time later Edit: several shorts from 1.6235
As USDCHF is already started growing (+40pips) it could be a good signal for buying USD against EUR, GBP...
Wish to get GU TP at 1.6015
  • #350,547
  • Oct 25, 2013 2:44am Oct 25, 2013 2:44am
Quoting darkhorsefx
Eurusd finally reached it's 61.8 from previous weekly swing and started to make it's reaction. Usdjpy is also at a decent support zone with multiple confluences. Dollar index is sitting at 79. I just can't find any reason to buy cable at this point as far as the dollar correlation. It is already too expensive to buy anyways.. time to sell...
If you want to buy Cable, look at taking a short in EUR/GBP. It's your best bet going forward. It's not quite ready yet, but it's coming.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,548
  • Oct 25, 2013 2:44am Oct 25, 2013 2:44am
Quoting suthmo
{quote} 2am* Tuesday gmt

where are we going now?..im actually quite impressed with yur trading, good job!!
  • #350,549
  • Oct 25, 2013 3:01am Oct 25, 2013 3:01am
Quoting nAVIN2007
{quote} where are we going now?..im actually quite impressed with yur trading, good job!!

1.6180 and then 1.6165
  • #350,550
  • Oct 25, 2013 3:02am Oct 25, 2013 3:02am
Quoting nAVIN2007
{quote} where are we going now?..im actually quite impressed with yur trading, good job!!
I only see 6228 12pm then 6200 3pm GMT next 4 hours then move from 1.6200 on up to 1.6310 for the close. Some of these moves/levels so far where not on my scanner tho so something unexpected to happen? Thank you. Basically just consolidate along support here and move up later.
Founder of Sutherland Wave Principle
  • #350,551
  • Oct 25, 2013 3:04am Oct 25, 2013 3:04am
Quoting suthmo
{quote} I only see 6228 12pm then 6200 3pm GMT next 4 hours then move from 1.6200 on up to 1.6310 for the close.

don't think so.
  • #350,552
  • Oct 25, 2013 3:09am Oct 25, 2013 3:09am
Quoting suthmo
{quote} I only see 6228 12pm then 6200 3pm GMT next 4 hours then move from 1.6200 on up to 1.6310 for the close. Some of these moves/levels so far where not on my scanner tho so something unexpected to happen?
If we see 1.6310 today, I'll give you your 5th voucher.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,553
  • Oct 25, 2013 3:11am Oct 25, 2013 3:11am
Quoting nAVIN2007
where are we going now?..im actually quite impressed with yur trading, good job!!
Quoting giveachance
1.6180 and then 1.6165
Quoting suthmo
I only see 6228 12pm then 6200 3pm GMT next 4 hours then move from 1.6200 on up to 1.6310 for the close.
funny to see the discrepancy of the answers to the same question
  • #350,554
  • Oct 25, 2013 3:12am Oct 25, 2013 3:12am
Quoting negrada
{quote} {quote} {quote} funny to see the discrepancy of the answers to the same question
yes
  • #350,555
  • Oct 25, 2013 3:13am Oct 25, 2013 3:13am
Another day of smoke and mirrors designed to frustrate both bulls and bears. would not be surprised to see 1.6160 test now but that 1.6260 high will certainly go though just a matter of when and by how much.
Loser trying to become a winner!
  • #350,556
  • Oct 25, 2013 3:13am Oct 25, 2013 3:13am
Quoting PipTrapper
{quote} If we see 1.6310 today, I'll give you your 5th voucher.
and he won't get it. if we don't go to 1.6310 he will surrender all his vouches and go under a couch.

  • #350,557
  • Oct 25, 2013 3:15am Oct 25, 2013 3:15am
ok...my view..GL all and trade safe

Eitan
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 202 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #350,558
  • Oct 25, 2013 3:16am Oct 25, 2013 3:16am
Quoting negrada
{quote} {quote} {quote} funny to see the discrepancy of the answers to the same question

mr negrada there is no discrepancy in my opinion. i am saying this since 2 hrs now
  • #350,559
  • Oct 25, 2013 3:18am Oct 25, 2013 3:18am
Quoting PipTrapper
{quote} OMG you've resorted to Flower Power. What happened to the elephants? Hope you're doing well buddy.
very well bud.. thanks..
Just adding a bit of spicy to this "eccentric old fella" thread.. the elephants are still pushing EUR, GBP & Crosses.. & with EURGBP refusing to retrace & pushing in tendem, looks like an over-shoot up to 1.39~40 & 1.64~65 with shallow retraces along the way..

@giveachance.. the majority are brain washed to view the market in the same conventional ways.. IMO in-order to alter the odds playing in this cesspool, one needs to think in a non-traditional counter human ways..
all the best..
  • #350,560
  • Oct 25, 2013 3:20am Oct 25, 2013 3:20am
Quoting giveachance
{quote} and he won't get it. if we don't go to 1.6310 he will surrender all his vouches and go under a couch.
actually i will give him one as well
166 traders viewing now, 5 are registered:
,
Gbpusdfreakk
,
Majorshem
,
SublimeSear
,
4him