Cable Update (GBPUSD) | Page 19152 | 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)

  • #383,021
  • Jun 19, 2014 12:10pm Jun 19, 2014 12:10pm
Quoting Hickson
{quote} Positions becoming larger ... when you are a millionaire, we can go fishing for these groupers once again. Aaaaaand finally: Salmon!
Making up for that rack of underwater NU shorts man. Same on AU shorts. I'm running in compensation mode now.
Ghost Rider - WWTBMD?
  • #383,022
  • Jun 19, 2014 12:17pm Jun 19, 2014 12:17pm
Quoting albchr
{quote} More than likely. I never claimed to understand fundamentals but ... human nature and phycology? That's different. Also, This isn't going to fall like a rock right away so when the doubts come creeping in....well....you know. I'll be building a few more as time progresses I'm sure. {image}
it reached fib 161.8%. time to drop.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmh4.png Size: 90 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #383,023
  • Jun 19, 2014 12:22pm Jun 19, 2014 12:22pm
Quoting ffleo
{quote} It is at the upper end of a diverging fan. The price will drop to the middle, where you mostly will be BE or with some profit. Reduce position size there. If it goes up again afterwards, load back. If it goes down keep what you have after you have reduced. {image}
Hi ffleo,
Thank you for alerting me to this pattern. I've not heard it called a 'diverging fan' before, but I think this is the one you mean.

Regards

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 110 KB
It's all about bucks, kid. The rest is conversation.
  • #383,024
  • Jun 19, 2014 12:26pm Jun 19, 2014 12:26pm
Quoting Lalu
{quote} Hi ffleo, Thank you for alerting me to this pattern. I've not heard it called a 'diverging fan' before, but I think this is the one you mean. Regards {image}
diverging wedge or triangle

Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #383,025
  • Jun 19, 2014 12:34pm Jun 19, 2014 12:34pm
Quoting ffleo
{quote} diverging wedge or triangle {image}
Got it. Many thanks.
It's all about bucks, kid. The rest is conversation.
  • #383,026
  • Jun 19, 2014 12:34pm Jun 19, 2014 12:34pm
Quoting ffleo
{quote} it reached fib 161.8%. time to drop. {image}
That's the way I see it bro. I could dig back a month or two in this thread or mine for the charts I posted with the fibs but hey, why bother.

Most will probably remember going through that little fib exercise with HDA and Carlicus that one night. It was just confirming what I saw before that. I liked it.
Ghost Rider - WWTBMD?
  • #383,027
  • Jun 19, 2014 12:40pm Jun 19, 2014 12:40pm
Quoting bikov
time to watch england - uruguay , maybe this will decide the faith of the cable
right you are, wanna watch it, too. so i realize those +13 pips...
fortis fortuna adiuvat
  • #383,028
  • Jun 19, 2014 12:49pm Jun 19, 2014 12:49pm
Quoting albchr
{quote} Yeah brother I'm still using the SigTrader demo for them. Only now It's MT5. No big deal but just a bit different. Do you need the link or can you just Google it?
I have an index analyzer that uses the sigtrader info.

Strength and weakness.
Attached Image (click to enlarge)
Click to Enlarge Name: Noname.jpg Size: 37 KB
  • #383,029
  • Jun 19, 2014 12:50pm Jun 19, 2014 12:50pm
Quoting nAVIN2007
{quote} chris to u have the demo for lfx chart..i better instal it..im starting to worry abt my positions..this sum bitch is rising no matter what
Monthly is as strong as an ox right now.
  • #383,030
  • Jun 19, 2014 12:55pm Jun 19, 2014 12:55pm
Quoting ffleo
{quote} diverging wedge or triangle {image}
this pattern could name "megaphone" also, right?
  • #383,031
  • Jun 19, 2014 12:55pm Jun 19, 2014 12:55pm
Quoting ffleo
{quote} it reached fib 161.8%. time to drop. {image}
Rather hit fib 200.0... tomorrow...
It seem so to me, does not want to stop
At the moment continuation D1...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicrodaily.png Size: 52 KB
Anything is math!
  • #383,032
  • Jun 19, 2014 12:56pm Jun 19, 2014 12:56pm
hi
that was nice , i like it
and good luck with it dude
peace
  • #383,033
  • Jun 19, 2014 1:08pm Jun 19, 2014 1:08pm
Quoting albchr
{quote} Yeah brother I'm still using the SigTrader demo for them. Only now It's MT5. No big deal but just a bit different. Do you need the link or can you just Google it?
can u post it please..i tried to get it but its asking for kinds of details and a phone call to varify ..to much headache for me straight after work
thx bro
  • #383,034
  • Jun 19, 2014 1:16pm Jun 19, 2014 1:16pm
Quoting calderone
{quote} I have an index analyzer that uses the sigtrader info. Strength and weakness. {image}
Quoting calderone
{quote} Monthly is as strong as an ox right now.
That's really interesting Mike. Does it provide a continuous running average for the whole month or is it effected by daily swings as well? For instance, yesterday and today were pretty big run ups on the GBP index. Did those numbers rises drastically for the 2 days or just a bit?

I'd be very interested in seeing that.
Ghost Rider - WWTBMD?
  • #383,035
  • Jun 19, 2014 1:18pm Jun 19, 2014 1:18pm
Quoting nAVIN2007
{quote} can u post it please..i tried to get it but its asking for kinds of details and a phone call to varify ..to much headache for me straight after work thx bro
No problem Nav. This is where I got it from. I tried posting the install file but FF doesn't support that. Oh, it will say MT4 but it downloads MT5. I can't find MT4 for Sig anymore.

http://sigtrader.software.informer.com/
Ghost Rider - WWTBMD?
  • #383,036
  • Jun 19, 2014 1:21pm Jun 19, 2014 1:21pm
Quoting albchr
{quote} {quote} That's really interesting Mike. Does it provide a continuous running average for the whole month or is it effected by daily swings as well? For instance, yesterday and today were pretty big run ups on the GBP index. Did those numbers rises drastically for the 2 days or just a bit? I'd be very interested in seeing that.
It shows the dynamic change, I believe it uses an algorithm (fractal).

I'll send you the link in a pm. I sent it to Nav too.
  • #383,037
  • Jun 19, 2014 1:58pm Jun 19, 2014 1:58pm
1.7043 Major level -> being challenged

Cable Quarterly

A break here opens the swing to 2.xx area. its going to be very interesting, I also think the risk is to the downside but the trend is the trend

Attached Image
  • #383,038
  • Jun 19, 2014 2:04pm Jun 19, 2014 2:04pm
Quoting JimmyC
1.7043 Major level -> being challenged Cable Quarterly A break here opens the swing to 2.xx area. its going to be very interesting, I also think the risk is to the downside but the trend is the trend {image}
We got some hardcore resistance at 7330 though by the looks of it.
And the 50 fib
Come with me if you want to live....
  • #383,039
  • Jun 19, 2014 2:04pm Jun 19, 2014 2:04pm
Quoting Kajos2250
{quote} GU D1 GMT+3 I like bullish D1 engulfing! Invalidation if price could close under ~6923! Good luck! {image}
GU D1 GMT+3

After bullish engulfing, there are no too much bears continuation D1.
Further strengthening buy limit .7017, buy stop .7067, invalidation unchanged if price could close under ~6923 at the moment...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicrodaily.png Size: 51 KB
Anything is math!
  • #383,040
  • Jun 19, 2014 2:09pm Jun 19, 2014 2:09pm
I'd love to see this mofo fly.
The sooner we hit some hard resistance, the sooner I can start shorting again I guess.
Come with me if you want to live....
705 traders viewing now, 1 is registered:
SublimeSear