Cable Update (GBPUSD) | Page 17807 | 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)

  • #356,121
  • Dec 13, 2013 8:39am Dec 13, 2013 8:39am
Quoting squawk
{quote} {image}
Thank you sir,

awesome.

Again looking to long.. Can't help.

Regards
  • #356,122
  • Dec 13, 2013 8:42am Dec 13, 2013 8:42am
Anyone easing into the EURGBP shorts as we trade into 0.8450?
Twitter: @TrendersGame
  • #356,123
  • Dec 13, 2013 8:53am Dec 13, 2013 8:53am
Quoting Citiboy
Anyone easing into the EURGBP shorts as we trade into 0.8450?
0.84620,it may get there first,itz a friday
  • #356,124
  • Dec 13, 2013 9:06am Dec 13, 2013 9:06am
i like to believe that I can make money even on a 5 min chart.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 79 KB
  • #356,125
  • Dec 13, 2013 9:43am Dec 13, 2013 9:43am
Quoting Trader88q
Dear traders next week the last meeting where I will be as the chairman. I will miss you all and your red stop losses too. I had the greatest time in the life playing with you and I will never forget that feeling. I will bring you a santa presents next week {image}

I'll miss you too Big Ben.....
  • #356,126
  • Dec 13, 2013 9:45am Dec 13, 2013 9:45am
Quoting TauTrader
i like to believe that I can make money even on a 5 min chart. Regards {image}
Impressive results Mr. Tau.
I'm still wondering how you manage yout lot size... Justl like now... So many positions at the same price with Lots 6x more then your average position...
No offense, just a thinking about your trading style. Good luck to you.
  • #356,127
  • Dec 13, 2013 10:05am Dec 13, 2013 10:05am
Quoting JimmyC
eu 1h h&s {image}
EU1H
Seems first target is easily met, second target might take time
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1H.png Size: 21 KB


GU 1H
This requires a major support to break (maybe too ambitious)
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 17 KB
  • #356,128
  • Dec 13, 2013 10:13am Dec 13, 2013 10:13am
guys do you have any info on how long will we be able to trade GBP pairs? I heard bit coin is coming....
  • #356,129
  • Dec 13, 2013 10:13am Dec 13, 2013 10:13am
Oh Oh....

Time to go long again?
Attached Image (click to enlarge)
Click to Enlarge Name: Trader exp.png Size: 13 KB
  • #356,130
  • Dec 13, 2013 10:14am Dec 13, 2013 10:14am
Quoting Vitez
guys do you have any info on how long will we be able to trade GBP pairs? I heard bit coin is coming....
  • #356,131
  • Dec 13, 2013 10:21am Dec 13, 2013 10:21am
Quoting JimmyC
{quote}
WTF?
  • #356,132
  • Dec 13, 2013 10:25am Dec 13, 2013 10:25am
Quoting Vitez
guys do you have any info on how long will we be able to trade GBP pairs? I heard bit coin is coming....

The share price is all driven by Media Hype, Media Hype price goes up, less media, price goes down. Maybe as a valid, alternative e-commerce transaction currency. Eventually there is going to be a change in the currency standards or standard, what that looks like, and when? I can't see it being Bitcoin. Wouldn't suprise me if you see GDP/Bitcoin pair in the future?? Who knows!
  • #356,133
  • Dec 13, 2013 10:26am Dec 13, 2013 10:26am
Quoting Vitez
{quote} WTF?
How do you go from a timeline on GBP pairs to Bitcoin coming.

http://www.ft.com/intl/cms/s/0/4ad1b...#axzz2nNBE5lmv

Hard currency vs perceived value
  • #356,134
  • Dec 13, 2013 10:47am Dec 13, 2013 10:47am
This looks to be a efficient run up may still see the 6320 area? it is Friday though! Still think it has to reach this area before it makes its next move. Maybe Monday?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_1 Min_snapshot3.png Size: 31 KB
Click to Enlarge Name: Chart_GBP_USD_5 Mins_snapshot.png Size: 37 KB
  • #356,135
  • Dec 13, 2013 11:07am Dec 13, 2013 11:07am
If this closes below 1.6300 it might change the whole dynamics of the longs and shorts on monday. this is both the daily and 15 min TF
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
Click to Enlarge Name: Screenshot2.png Size: 42 KB
  • #356,136
  • Dec 13, 2013 11:08am Dec 13, 2013 11:08am
GU 1H

Monday?
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 22 KB
  • #356,137
  • Dec 14, 2013 12:31am Dec 14, 2013 12:31am
We are sitting at a very important support in my opinion. Next week should give us a hint of what to expect. If cable drops below this support I doubt she will come back anytime soon. Also, we could see a move up next week which is what I am expecting. That's just my opinion though, I can't imagine it dropping that easily without a fight.

edit: We could see a quick sell off of 100-150 pips at the beginning of the week that will tempt selling.
4 Hour:
http://charts.mql5.com/3/330/gbpusd-...orporation.png

Daily:
http://charts.mql5.com/3/330/gbpusd-...orporation.png
  • #356,138
  • Dec 14, 2013 1:43am Dec 14, 2013 1:43am
Quoting elbert3
{quote} have faith next stop 1.250 ish
I'd sooner think we see 2.15 ish before 1.25 ish
Come with me if you want to live....
  • #356,139
  • Dec 14, 2013 1:56am Dec 14, 2013 1:56am
price hit important fib extension of 161.8 and I anticipate drop to 1.60 which is another important fib level 127.2
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.weekly.png Size: 42 KB
In trading, you have to be defensive and aggressive at the same time
  • #356,140
  • Dec 14, 2013 2:00am Dec 14, 2013 2:00am
Quoting Ill-b-back
{quote} I'd sooner think we see 2.15 ish before 1.25 ish
Just playing with the numbers there obviously.
but we have finally broken out of the multi year weekly/monthly TL starting from August 2009.
this seems very significant to me.
I still believe we can get to 1.73 with no Dectaper announcement if we can clear the monthly 200ema.
Come with me if you want to live....
403 traders viewing now, 1 is registered: