Cable Update (GBPUSD) | Page 19198 | 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)

  • #383,941
  • Jun 26, 2014 6:10am Jun 26, 2014 6:10am
Quoting elbert3
{quote} {image} this is what poundtrader means little and often,, body builder style {image}
Don't I know it. And when I could trade both ways at once that's what I did in combination with longer holds. Just can't now so had to adjust. What's a guy to do?
Ghost Rider - WWTBMD?
  • #383,942
  • Jun 26, 2014 6:10am Jun 26, 2014 6:10am
hammer ..yes that's the one thanks Elbert..keeping me shorts
  • #383,943
  • Jun 26, 2014 6:14am Jun 26, 2014 6:14am
people are waiting for US news to come out. after an hour or two will hopefully see some new movement. people are also devouring the non-new-news from carney.
  • #383,944
  • Jun 26, 2014 6:20am Jun 26, 2014 6:20am
Quoting albchr
{quote} Don't I know it. And when I could trade both ways at once that's what I did in combination with longer holds. Just can't now so had to adjust. What's a guy to do?
scalp trade then if your in pp asap, dont think big sl,,, the idea of the game is entry with no sl needed ,but if we could all do that wow,, this is how i started, remember the post last week 10 trades risk 5 pips, the law of average is on your side , last week 3 trades down 19 pips 4th trade with 3 shorts inside it 119 pips bit of a pain in the arse ?? lots of commission to broker after a while they will send you a case of wine lol
  • #383,945
  • Jun 26, 2014 6:20am Jun 26, 2014 6:20am
Quoting slimcat
Any one looking at the weekly bar that is nearly complete? Even if it closes at last weeks high or higher, it would still look like a topping formation, don't know the name of this type of bar? This will lead into next month as bearish.....
Spinning top?
  • #383,946
  • Jun 26, 2014 6:24am Jun 26, 2014 6:24am
Quoting elbert3
{quote} scalp trade then if your in pp asap, dont think big sl,,, the idea of the game is entry with no sl needed ,but if we could all do that wow,, this is how i started, remember the post last week 10 trades risk 5 pips, the law of average is on your side , last week 3 trades down 19 pips 4th trade with 3 shorts inside it 119 pips bit of a pain in the arse ?? lots of commission to broker after a while they will send you a case of wine lol
.....
Ghost Rider - WWTBMD?
  • #383,947
  • Jun 26, 2014 6:24am Jun 26, 2014 6:24am
1:30PM GMT, US Employment Claim and PCE deflators, given the bad US data yesterday and the discrepancy between headline and underlying, market want to be cautious ahead of sensitive data.

This maybe a buy the rumour sell the fact case, which means after the news, as long as it is not too bad, cable will fall back to a neutral level before going up again.

Short @1.7027, see if it will f*k me or not.
  • #383,948
  • Jun 26, 2014 6:26am Jun 26, 2014 6:26am
Quoting duderoo1
{quote} Spinning top?

hi dude, I'm thinking if it closes on a high (worst case scenario ), 75 pips up from here, creates a new high..ie hammer
  • #383,949
  • Jun 26, 2014 6:31am Jun 26, 2014 6:31am
Quoting Mj23
Today's video covers a lot ground (GBPUSD, USDJPY, EURUSD) so suggest watching to the end Daily Forex Trading Outlook http://youtu.be/k09S46FP--E?hd=1
I finally took the time to watch one of your videos. Nicely done. and yes, that 100ema is killer on a daily for GU. The 50ema as well.
Ghost Rider - WWTBMD?
  • #383,950
  • Jun 26, 2014 6:32am Jun 26, 2014 6:32am
GU 1H

Price action analysis - 1H to the news bump

Parabolic price action around the 1.7002 S/R area has seen price resisted and supported with a break below and back above.
The graph prints a potential cup, the remainder of the day might print the handle, looking suspiciously like it will, bad US numbers will be contained at 1.71 optionality level. note also support has formed at the 6956 area. yet again bearish PA and structures have failed to follow through. Respect the trend

Attached Image
  • #383,951
  • Jun 26, 2014 6:43am Jun 26, 2014 6:43am
Should have never taken my ma's off the charts. A 4H touch on the 50 like this is almost always a sign for launch. 1H seems to have found SR in the zone for now. Might just take a 10 pip hit and wait out the news.

My favorite guessing game? I think it will green to neutral for the buck. In either case, probably won't help it much anyway. But then I've never had faith in it.

4H - 1H
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdmh4.png Size: 56 KB
Click to Enlarge Name: gbpusdmh1.png Size: 69 KB
Ghost Rider - WWTBMD?
  • #383,952
  • Jun 26, 2014 6:45am Jun 26, 2014 6:45am
Quoting albchr
{quote} I finally took the time to watch one of your videos. Nicely done. and yes, that 100ema is killer on a daily for GU. The 50ema as well.
1.2 pips away will it go up ,,
  • #383,953
  • Jun 26, 2014 6:49am Jun 26, 2014 6:49am
Quoting GlobalMacro
{quote} Market finally managed to breach 735-745 resistance and close above 736 to high of 760... I'm in long here on retracement at 1.6730.
Quoting GlobalMacro
{quote} OK...I'm taking half of the long position here @ 1.6830 and booking 100 pips profit. Carrying the rest....
Alright....Closing the rest of the long position here @ 1.7030 and banking +300 pips profit.

All positions now flat.
Hear the music before the song is over ...
  • #383,954
  • Jun 26, 2014 6:54am Jun 26, 2014 6:54am
Quoting slimcat
hammer ..yes that's the one thanks Elbert..keeping me shorts
maybe hanging man guys, hammer is in downtrend
  • #383,955
  • Jun 26, 2014 6:56am Jun 26, 2014 6:56am
Quoting GlobalMacro
{quote} {quote} Alright....Closing the rest of the long position here @ 1.7030 and banking +300 pips profit. All positions now flat.
well done were next ??
  • #383,956
  • Jun 26, 2014 6:57am Jun 26, 2014 6:57am
Quoting musani
on 4hr im start build short again
Seens fail to close 1.6932 i try to biuld long at 1.6968.
And 1.7032 is my short start again

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.h1.png Size: 44 KB
GELORE
  • #383,957
  • Jun 26, 2014 7:00am Jun 26, 2014 7:00am
Quoting elbert3
{quote} well done were next ??
Relaxing & Maxing.....
Hear the music before the song is over ...
  • #383,958
  • Jun 26, 2014 7:03am Jun 26, 2014 7:03am
Quoting musani
{quote} Seens fail to close 1.6932 i try to biuld long at 1.6968. And 1.7032 is my short start again {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 96 KB
i had to cheat 38.44 or 60
  • #383,959
  • Jun 26, 2014 7:05am Jun 26, 2014 7:05am
Quoting GlobalMacro
{quote} Relaxing & Maxing.....
well done ,,still working at this thing scalp to the top and short
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.png Size: 101 KB
  • #383,960
  • Jun 26, 2014 7:05am Jun 26, 2014 7:05am
Quoting GlobalMacro
{quote} {quote} Alright....Closing the rest of the long position here @ 1.7030 and banking +300 pips profit. All positions now flat.
Ghost Rider - WWTBMD?
297 traders viewing now, 2 are registered:
Ahsan
,
Joshuaenya