Cable Update (GBPUSD) | Page 17539 | 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)

  • #350,761
  • Oct 27, 2013 9:49am Oct 27, 2013 9:49am
Quoting JimmyC
Howzit! GU Tight trading range last week... 1.6268 is a tough R, if we break it things are going to get interesting... DXY 79.26 and looking rather bearish Monthly... {image} Doji! Weekly... {image} Doji! GU Daily {image} :nerd: We are still above the golden cross 500, 200 EMA (uptrend) Fib study... 1.5918 has reacted well Bearish divergence holds in place with a Descending TL capping the RSI and price action (3 Oct) Should be a down week BUT DXY is turning into a real hurdle Have a good week G/L
No DXY chart?
Those who say it cannot be done should not interrupt those who are doing it
  • #350,762
  • Oct 27, 2013 10:08am Oct 27, 2013 10:08am
Quoting PipTrapper
{quote} No DXY chart?
Broker is not supplying yet.... apparently sometime next week have to eyeball it off...

http://www.investing.com/quotes/us-d...advanced-chart

DXY
Attached Image (click to enlarge)
Click to Enlarge Name: US Dollar Index(Daily)20131027170602.png Size: 36 KB


Hope for the rebound
  • #350,763
  • Oct 27, 2013 12:48pm Oct 27, 2013 12:48pm
Per my w/e analysis, whilst I think the immediate greater probability is for more downside in gbpusd, (given how the respective t/f's closed on Friday) I am saying this in the context of rangy-bearish opa (overall price action) conditions on 1hr and 4hr (ie not yet completely bearish) and general opa uptrends on daily and weekly that are still intact. Ie: there has been no real opa downtrends established on the 'significant' 1hr+ t/f's yet. This is the context. Perhaps the break of the 6114-6256/59 1hr/4hr range either way will make the next near-term direction of this pairing clearer ? Time will tell whether this transpires and indeed whether the immediate greater probability plays out or not.

G/L
ex member
  • #350,764
  • Oct 27, 2013 1:47pm Oct 27, 2013 1:47pm
finally more people are finally longing this mofo

yipee
  • #350,765
  • Oct 27, 2013 2:30pm Oct 27, 2013 2:30pm
Quoting JimmyC
{quote} Broker is not supplying yet.... apparently sometime next week have to eyeball it off... http://www.investing.com/quotes/us-d...advanced-chart DXY {image} Hope for the rebound
Soft support/demand started at 79.28
Hard support/demand will start at 79.05

There is a gap to be filled at 81.50

Dxy Daily as of Friday 5pm EST
Attached Image (click to enlarge)
Click to Enlarge Name: dxydaily.png Size: 103 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #350,766
  • Oct 27, 2013 2:34pm Oct 27, 2013 2:34pm
Quoting PipTrapper
{quote} Soft support started at 79.28 Hard support will start at 79.05 Dxy Daily as of Friday 5pm EST {image}
This chart's been making the rounds - starting to look like a fairly high probability of some sort of bounce, question always being when and where!
Don't have an ego. Always question yourself and your ability.
  • #350,767
  • Oct 27, 2013 2:38pm Oct 27, 2013 2:38pm
Quoting RamsesII
{quote} This chart's been making the rounds - starting to look like a fairly high probability of some sort of bounce, question always being when and where!
If the gap at 81.50 "has" to be filled (I'm not much of a gap believer), then probably will get there at some point.
Question is, does it happen before of after the Fed taper?
Those who say it cannot be done should not interrupt those who are doing it
  • #350,768
  • Oct 27, 2013 2:41pm Oct 27, 2013 2:41pm
Quoting PipTrapper
{quote} If the gap at 81.50 \"has\" to be filled (I'm not much of a gap believer), then probably will get there at some point. Question is, does it happen before of after the Fed taper?
Need to see an uptick in Volatility for the USD to be bid.

The correlation between the Deutsche bank FX vol index and the Dollar index is pretty clear.
Attached Image (click to enlarge)
Click to Enlarge Name: DBVIX vs DXc1.png Size: 76 KB
  • #350,769
  • Oct 27, 2013 2:56pm Oct 27, 2013 2:56pm
Quoting JeremyWS
{quote} Need to see an uptick in Volatility for the USD to be bid. The correlation between the Deutsche bank FX vol index and the Dollar index is pretty clear. {image}
Yes and it certainly looks like the Deutsche bank FX vol index is leading the way up.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,770
  • Oct 27, 2013 3:06pm Oct 27, 2013 3:06pm
Quoting PipTrapper
{quote} Yes and it certainly looks like the Deutsche bank FX vol index is leading the way up.
well the DB index is merely a weighted index of 3m ATM vols from G10 FX I believe. Options markets are very good at leading spot.
  • #350,771
  • Oct 27, 2013 3:54pm Oct 27, 2013 3:54pm
Hi all, a new week coming. May I wish a successful week of trading to everyone.

Also, as nAV said, no big stuff on cable this week, if anything causes a move is on the dollar side, so let's watch out the dollar index as well.

Cheers all.
  • #350,772
  • Oct 27, 2013 4:16pm Oct 27, 2013 4:16pm
GU M1

No gap business as per Friday
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 31 KB
  • #350,773
  • Oct 27, 2013 7:19pm Oct 27, 2013 7:19pm
1.6183 still bull there. 1.6189 bears are still there. bull is not attempting 1.6184 bcoz of the bears at 89 and 94. interesting. either it stays like that till europe or bulls give up for retest of 1.6159
  • #350,774
  • Oct 27, 2013 9:11pm Oct 27, 2013 9:11pm
Quoting Dapsychopath
{quote} well now, let's see some 6138 then 6125 touchdown. u guys can show appreciation via vouch as soon as we touch em. no problem.
hello, morning!
6125 is not void yet!
but surely a retest of 6205 is building up. from 1h tf.
be ready for it n have a good trading friends.
  • #350,775
  • Oct 27, 2013 9:18pm Oct 27, 2013 9:18pm
Good Morning !
Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD
EURJPY
S&P 500
GOLD

http://www.forexfactory.com/showthre...61#post7053061
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #350,776
  • Oct 27, 2013 10:34pm Oct 27, 2013 10:34pm
Guys keep an eye on GC almost about to break 1.69 again
Its on my "go Short list"
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.h4.png Size: 41 KB
In trading, you have to be defensive and aggressive at the same time
  • #350,777
  • Oct 27, 2013 10:38pm Oct 27, 2013 10:38pm
its in going nowhere stage.I put a box around 1hr and looking for break out.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.h1.png Size: 35 KB
In trading, you have to be defensive and aggressive at the same time
  • #350,778
  • Oct 28, 2013 12:31am Oct 28, 2013 12:31am
Quoting Davit
its in going nowhere stage.I put a box around 1hr and looking for break out. {image}
Whats this indicator Red & Green Dots on and down some candles? please tell me about it
  • #350,779
  • Oct 28, 2013 12:37am Oct 28, 2013 12:37am
bear at 89 proved strong. now it is upto the bull to show that it is strong at 68. otherwise we will go back to the bear at 45
  • #350,780
  • Oct 28, 2013 12:39am Oct 28, 2013 12:39am
Quoting xetrader
{quote} Whats this indicator Red & Green Dots on and down some candles? please tell me about it
HH LL mid levels with alarm.
How you use it its up to you.
Attached File(s)
File Type: ex4 #4X 3 Semafor Alert.ex4   11 KB | 254 downloads
In trading, you have to be defensive and aggressive at the same time
537 traders viewing now, 5 are registered:
,
,
,
Mrbhatti
,
kledilala