Cable Update (GBPUSD) | Page 18141 | 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)

  • #362,801
  • Feb 11, 2014 3:24am Feb 11, 2014 3:24am
Quoting chazzle
GU M15 bought this pullback - 384 holds to break 424 is what I'm thinking {image}
GU M15

added a couple on the way ... unwound it , now flat
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 110 KB
Click to Enlarge Name: GUM152.PNG Size: 81 KB
  • #362,802
  • Feb 11, 2014 3:31am Feb 11, 2014 3:31am
Quoting JimmyC
GU 15 Daily Pivots for those who are interrested {image}
trying a short off the line 6428 sl 7 pips above the high target 64185 to move the sl there
  • #362,803
  • Feb 11, 2014 3:34am Feb 11, 2014 3:34am
GU D1

424 holding leaves 440 wide open - careful with tight stops
Attached Image (click to enlarge)
Click to Enlarge Name: gud1.PNG Size: 39 KB
  • #362,804
  • Feb 11, 2014 3:39am Feb 11, 2014 3:39am
Quoting chazzle
GU D1 424 holding leaves 440 wide open
as near as dammit - getting interesting
  • #362,805
  • Feb 11, 2014 3:41am Feb 11, 2014 3:41am
Quoting chazzle
GU D1 424 holding leaves 440 wide open - careful with tight stops {image}
nearly stopped 439 out might just move to the 4407
  • #362,806
  • Feb 11, 2014 3:45am Feb 11, 2014 3:45am
Quoting elbert3
{quote} nearly stopped 439 out might just move to the 4407
I have 443 (early DEC high) as a level to watch - would only consider shorts on a failure here - I'd look for a reversal pattern on m15
  • #362,807
  • Feb 11, 2014 3:46am Feb 11, 2014 3:46am
going vertical
  • #362,808
  • Feb 11, 2014 3:49am Feb 11, 2014 3:49am
Quoting chazzle
{quote} I have 443 (early DEC high) as a level to watch - would only consider shorts on a failure here - I'd look for a reversal pattern on m15
yes, i have been up and down the time charts i have 3 open pairs now something i dont normally do lol i am hoping the gb will go down together with asd
  • #362,809
  • Feb 11, 2014 3:52am Feb 11, 2014 3:52am
Quoting elbert3
{quote} yes, i have been up and down the time charts i have 3 open pairs now something i dont normally do lol i am hoping the gb will go down together with asd
what's asd?
  • #362,810
  • Feb 11, 2014 4:08am Feb 11, 2014 4:08am
Quoting chazzle
{quote} what's asd?
I think he meant AUD.
  • #362,811
  • Feb 11, 2014 4:15am Feb 11, 2014 4:15am
On the bigger timeframe, a potential head and shoulders bearish pattern is forming. In the present moment, GBPUSD is forming the right shoulder. The price action in week 07 and week 08 should determine the validity of the right shoulder.

http://i61.tinypic.com/29hb84.png

If you are bearish GBPUSD, then it is prudent to find proper price zones to short GBPUSD. On the formation of the right shoulder, there is a possibility to short at the bearish bat harmonic pattern. With a confluence of 2 very strong technical indicators, i.e. the head & shoulders pattern and the bearish bat harmonic pattern, the chances of a winning trade for this setup is high.

http://i60.tinypic.com/op76lx.png

SHORT GBPUSD 1.6620
SL 50pips
TP1 1.6250
TP2 1.6000
  • #362,812
  • Feb 11, 2014 4:21am Feb 11, 2014 4:21am
Quoting elbert3
{quote} trying a short off the line 6428 sl 7 pips above the high target 64185 to move the sl there
This pair is biased long atm, so don't hold too long...
  • #362,813
  • Feb 11, 2014 4:26am Feb 11, 2014 4:26am
Quoting chazzle
{quote} what's asd?
sorry mate i dont know why i have wrote that audusd
  • #362,814
  • Feb 11, 2014 4:33am Feb 11, 2014 4:33am
Quoting elbert3
{quote} sorry mate i dont know why i have wrote that audusd
oh, ok - yeah looks like AU is a bit overbought to me between 9000 and 9050 - had a short - just closed at b/e - but will look to re-enter a bit closer to 9050
  • #362,815
  • Feb 11, 2014 4:33am Feb 11, 2014 4:33am
Costing you break the channel
Attached Image (click to enlarge)
Click to Enlarge Name: prh4.png Size: 31 KB
  • #362,816
  • Feb 11, 2014 4:54am Feb 11, 2014 4:54am
  • #362,817
  • Feb 11, 2014 5:01am Feb 11, 2014 5:01am
Hello Thread readers,

The fall to 6250 well supported and the 3 x pinbars / hammers on the daily have seen some movement upwards from them. 50% of the 6608-6250 fall is at 6458 and looks more likely than not to be reached at some stage? 61.8% is at 6507.

Monthly is rangy-bullish, Weekly is bullish, daily rangy - bullish ?

Best Wishes.
Attached Image (click to enlarge)
Click to Enlarge Name: dly.jpg Size: 104 KB
it's all gone a bit........
  • #362,818
  • Feb 11, 2014 5:05am Feb 11, 2014 5:05am
Quoting chazzle
424 holding leaves 440 wide open

h close under 424 - shorted the retest but keeping it tight
  • #362,819
  • Feb 11, 2014 5:12am Feb 11, 2014 5:12am
Quoting chazzle
{quote} h close under 424 - shorted the retest but keeping it tight
pulled it already lol - will wait for a better set up
  • #362,820
  • Feb 11, 2014 5:22am Feb 11, 2014 5:22am
Good Morning !
Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD
GOLD
S& P 500

http://www.forexfactory.com/showthre...99#post7273499
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
483 traders viewing now