Cable Update (GBPUSD) | Page 19703 | 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)

  • #394,041
  • Edited 5:37pm Aug 19, 2014 5:22pm | Edited 5:37pm
Quoting braintheboss
Weekly supports are strong for reverse price? Because now we're at one...
hi, I do agree 1.6617 technicality strong

1.6560/70 is target area that market have to hit and reverse for 215pips from there.
enjoy folks.
  • #394,042
  • Aug 19, 2014 5:50pm Aug 19, 2014 5:50pm
I am glad I got rid of my last long from 6720 last week(30 pip loss), but these levels are so tempting to long, I will get it again, below 66 hopefully, 6590 is good enough for me. First first target only 67, then it depends...
Everyone can see the chart, but only a few can actually read it.
  • #394,043
  • Aug 19, 2014 6:03pm Aug 19, 2014 6:03pm
Bonsoir ,
so cable hit the floor lately , well it looks very heavy on the short side , BUT considering longs from these levels through 1.6560 is a good plan to begin with . Bears got what they wanted , FOMC minutes could [sometimes market gets very choppy when it wants to reverse to drag weak traders out of the game] trigger a reversal , meanwhile , here's a weekly chart , yellow is a buy level with a notable r/r .

GU W1

Attached Image
Get Rich or Die Tryin
  • #394,044
  • Aug 19, 2014 6:06pm Aug 19, 2014 6:06pm
Quoting OnlineAddict
I am glad I got rid of my last long from 6720 last week(30 pip loss), but these levels are so tempting to long, I will get it again, below 66 hopefully, 6590 is good enough for me. First first target only 67, then it depends...
and that's where most of the traders - Day Traders - get lost in no man's land .
Get Rich or Die Tryin
  • #394,045
  • Aug 19, 2014 7:39pm Aug 19, 2014 7:39pm
GBPUSD to test 1.65 major support in medium term.
put a line there on daily chart
thatsthe first real line of support i see
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #394,046
  • Aug 19, 2014 10:58pm Aug 19, 2014 10:58pm
What do you think about GU?

Weekly chart:
Attached Image (click to enlarge)
Click to Enlarge Name: vbcbcbv.PNG Size: 46 KB
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." — Warren
  • #394,047
  • Aug 19, 2014 11:21pm Aug 19, 2014 11:21pm
Gidday GBP/US

Screwed this chart up again

Holding longs chasing shorts

More than likely spike back up

with some shitty bullshit news.

Not the end of the world as we know it

but could have done better
  • #394,048
  • Aug 20, 2014 12:23am Aug 20, 2014 12:23am
Quoting elbert3
{image} still 66029 target
Morning my last short target was hit as above 4 off yesterday at 6610 and now long at the same number well 03 to be right,, gl sl is 58 and looking at pos short with that ,if 6600 goes then 6565 ish area
  • #394,049
  • Aug 20, 2014 12:27am Aug 20, 2014 12:27am
USD looks overbought to me. Nor do I expect FOMC minutes to bolster USD. (my opinion)
  • #394,050
  • Aug 20, 2014 12:48am Aug 20, 2014 12:48am
Quoting elbert3
{quote} Morning my last short target was hit as above 4 off yesterday at 6610 and now long at the same number well 03 to be right,, gl sl is 58 and looking at pos short with that ,if 6600 goes then 6565 ish area
looks like rejection on the 15 lets see if confirm 6602
  • #394,051
  • Aug 20, 2014 12:55am Aug 20, 2014 12:55am
Quoting fxtyrant
GBPUSD to test 1.65 major support in medium term. put a line there on daily chart thatsthe first real line of support i see
  • #394,052
  • Aug 20, 2014 1:28am Aug 20, 2014 1:28am
Cable is dangerous now. Better stay out for trend settle.

Still shorting USD/JPY
No emotions, just trade
  • #394,053
  • Aug 20, 2014 1:57am Aug 20, 2014 1:57am
SHORT GJ 171.454
A good trader follows his rules, but great trader knows when to break them
  • #394,054
  • Aug 20, 2014 2:01am Aug 20, 2014 2:01am
Limit sell filled @ 6618
That which does not kill us makes us stronger
  • #394,055
  • Edited 2:16am Aug 20, 2014 2:01am | Edited 2:16am
Quoting ill_be_back
SHORT GJ 171.454
171,73 is the alarm for me. ill try to join there
______

I am trying this for the last few days + 5d
just doesnt wanna move and stay down.

with some interest td im gonna leave em or kill em
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 49 KB
  • #394,056
  • Aug 20, 2014 2:03am Aug 20, 2014 2:03am
Concerning laandan open. atm I see potential for a retrace on eu/gu
atm 2y ger/uk looking to have some support here. considering the news later on for gbp definately wont short here

we only started trading so nothing major here. on a look
  • #394,057
  • Aug 20, 2014 2:21am Aug 20, 2014 2:21am
trying to break 25 area fail now 3rd time could take out 6600
  • #394,058
  • Aug 20, 2014 2:32am Aug 20, 2014 2:32am
Gonna explode to upside sooner or later…….. and then us morons will start fighting it as it goes up….. and the pattern repeats itself.
  • #394,059
  • Aug 20, 2014 2:34am Aug 20, 2014 2:34am
Quoting elbert3
trying to break 25 area fail now 3rd time could take out 6600
19 pips and out short now
  • #394,060
  • Aug 20, 2014 2:34am Aug 20, 2014 2:34am
Quoting Ck87
Gonna explode to upside sooner or later…….. and then us morons will start fighting it as it goes up….. and the pattern repeats itself.
More DOWN before UP
A good trader follows his rules, but great trader knows when to break them
1,830 traders viewing now, 2 are registered:
Molaro
,