Cable Update (GBPUSD) | Page 17906 | 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)

  • #358,101
  • Jan 10, 2014 1:22pm Jan 10, 2014 1:22pm
Quoting JeremyWS
GBPUSD rejection of daily trendline. 1.6338 lows in sight {image}
Hi Jeremy,

Where's the starting point of your DTL....did you draw it from somewhere above 1.6600?
Hear the music before the song is over ...
  • #358,102
  • Jan 10, 2014 1:25pm Jan 10, 2014 1:25pm
Quoting Davit
closed half my positions in profit and added same number of lots short at 6485
6 out of 12 shorts you mentioned above with tp @1,63 in order to receive 20% accountgrowth while cable is at 1,6475????
fortis fortuna adiuvat
  • #358,103
  • Jan 10, 2014 1:26pm Jan 10, 2014 1:26pm
usd chf w1 ,i am bullish


Quoting Bones
usd chf d1 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: usd w1 CHF Spot.png Size: 42 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,104
  • Jan 10, 2014 1:28pm Jan 10, 2014 1:28pm
Quoting deltaone
{quote} 6 out of 12 shorts you mentioned above with tp @1,63 in order to receive 20% accountgrowth while cable is at 1,6475????

closed at 64 added more at 6485
My main target is 63 however I like to take profits whenever they come.I am not rigid.We must be flexible what market is giving us.
In trading, you have to be defensive and aggressive at the same time
  • #358,105
  • Jan 10, 2014 1:30pm Jan 10, 2014 1:30pm
Quoting Davit
closed half my positions in profit and added same number of lots short at 6485
well done that man , ithink from your posts we were in the same boat, i came out very well, now not sure i posted before that on the 4 hour the npf move stopped at the 61.8 fib the fib number that saved us before, so i was thinking are we still going short ??
  • #358,106
  • Jan 10, 2014 1:34pm Jan 10, 2014 1:34pm
bullish


Quoting Bones
aud cad w1 {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: aud CAD w1 no 2 Spot.png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,107
  • Edited 1:48pm Jan 10, 2014 1:35pm | Edited 1:48pm
Quoting elbert3
{quote} well done that man , ithink from your posts we were in the same boat, i came out very well, now not sure i posted before that on the 4 hour the npf move stopped at the 61.8 fib the fib number that saved us before, so i was thinking are we still going short ??

my overall trading plan is shorting GU and EU above 64 above 37 and that has not changed meaning there are no factors fundamentally changed for my dollar support.
Watch USD/CHF start buying at 90 and under and hold for a month.You will profit.
I already started my longs at 9022

Use this technique if you like
take your intended lot say 2lots divide in 4
and enter each .50 lot at every 30-50pips down and once all in add no more.(difference of adding to losing position and intentional averaging in)
Simply wait to profit.If price goes your way right way then you can add to winning position as you like.
Just a suggestion
In trading, you have to be defensive and aggressive at the same time
  • #358,108
  • Jan 10, 2014 1:39pm Jan 10, 2014 1:39pm
Quoting deltaone
{quote} you are welcome, littlecraig. brokers come and go, be careful. what is NDD OR DD? i know i´m disregarded here sometimes because of my poor english and/or my trading style, but perhabs you will answer my question anyway, have a nice weekend
Hi Delta,

DD is "Dealing Desk" (Your broker takes the other side of your trade)
NDD is "No Dealing Desk" (Trade transactions are sent directly to Interbank for processing)
Those who say it cannot be done should not interrupt those who are doing it
  • #358,109
  • Jan 10, 2014 1:41pm Jan 10, 2014 1:41pm
Quoting Davit
{quote} my overall trading plan is shorting GU and EU above 64 above 37 and that has not changed meaning there are no factors fundamentally changed for my dollar support. Watch USD/CHF start buying at 90 and under and hold for a month.You will profit.
What level or which setup has to occur for you to make a 180 and turn completely bullish?
Hear the music before the song is over ...
  • #358,110
  • Jan 10, 2014 1:42pm Jan 10, 2014 1:42pm
can't be sure to be honest I'm looking at the number 1.6475 ,also I think $ ready to show hand ,there is no confirmed HTF at all
and we are above close pivot


Quoting ffleo
{quote} from your chart, i guess the up spike is rejected. before the spike its intention was to go lower.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp USD w1 2 Spot.png Size: 35 KB
Click to Enlarge Name: gbp usd w1 3 from past USD Spot.png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,111
  • Jan 10, 2014 1:43pm Jan 10, 2014 1:43pm
Quoting Davit
{quote} my overall trading plan is shorting GU and EU above 64 above 37 and that has not changed meaning there are no factors fundamentally changed for my dollar support. Watch USD/CHF start buying at 90 and under and hold for a month.You will profit.
ok i will put my tecs on and see what comes out, keep you posted ,have a good weekend
  • #358,112
  • Jan 10, 2014 1:43pm Jan 10, 2014 1:43pm
Quoting GlobalMacro
{quote} What level or which setup has to occur for you to make a 180 and turn completely bullish?
That setup is coming soon... maybe Monday
Those who say it cannot be done should not interrupt those who are doing it
  • #358,113
  • Jan 10, 2014 1:44pm Jan 10, 2014 1:44pm
Quoting Bones
bullish {quote} {image}
Tony, you're bullish everywhere except cable....
Hear the music before the song is over ...
  • #358,114
  • Jan 10, 2014 1:45pm Jan 10, 2014 1:45pm
Quoting elbert3
{quote} ok i will put my tecs on and see what comes out, keep you posted ,have a good weekend
look at the 15 mini have a 10 ma on it and it is making a curve some timesto throws up a long off it, just my thoughts thou
  • #358,115
  • Jan 10, 2014 1:49pm Jan 10, 2014 1:49pm
Quoting Davit
{quote} my overall trading plan is shorting GU and EU above 64 above 37 and that has not changed meaning there are no factors fundamentally changed for my dollar support. Watch USD/CHF start buying at 90 and under and hold for a month.You will profit. I already started my longs at 9022 Use this technique if you like take your intended lot say 2lots divide in 4 and enter each .50 lot at every 30-50pips down and once all in add no more.(difference of adding to losing position and intentional averaging in) Simply wait to profit.If price goes your way...
This prediction reminded me of a conversation that happened long, long ago in a galaxy far far away.

Quote
Quoting Davit
{quote} no offense but you got future seemed all mapped out. nothing worse then writing fiction and believing it as reality. Obvious fact is big guns are not really pushing up the price.There is no real bull momentum.Since Monday to Thurs we got 70 pips hardly a sign for bull fireworks to come.
Ignored


I only have probabilities mapped out Davit. There is no need to shoot me over it. You're convinced the market is going down and...

I guess it depends on who is writing the fiction.
  • #358,116
  • Jan 10, 2014 1:52pm Jan 10, 2014 1:52pm
Quoting Baggi
{quote} This prediction reminded me of a conversation that happened long, long ago in a galaxy far far away. {quote} I guess it depends on who is writing the fiction.
Wow. You have a great memory. I already forgot about that one
Those who say it cannot be done should not interrupt those who are doing it
  • #358,117
  • Jan 10, 2014 1:53pm Jan 10, 2014 1:53pm
not eu haha


Quoting GlobalMacro
{quote} Tony, you're bullish everywhere except cable....
Attached Image (click to enlarge)
Click to Enlarge Name: eur AUD d1 Spot.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,118
  • Jan 10, 2014 1:55pm Jan 10, 2014 1:55pm
Quoting GlobalMacro
{quote} What level or which setup has to occur for you to make a 180 and turn completely bullish?

good question
I have 6750 2011 high as my ceiling.Anything below it is Bear to me.

Baggi
Pip Trapper
We are all here to make money.That's all
green pips
In trading, you have to be defensive and aggressive at the same time
  • #358,119
  • Jan 10, 2014 1:56pm Jan 10, 2014 1:56pm
It's been quite lonely being bullish Cable this week, but it's been profitable... That's for sure.

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #358,120
  • Jan 10, 2014 1:59pm Jan 10, 2014 1:59pm
Quoting Bones
not eu haha {quote} {image}
What are your thoughts on EUR/GBP?
Hear the music before the song is over ...
425 traders viewing now, 1 is registered: