Cable Update (GBPUSD) | Page 19923 | 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)

  • #398,441
  • Sep 12, 2014 3:19pm Sep 12, 2014 3:19pm
Thanks for ur detailed input , what is ur source of information on option barriers and payout ?

Quoting HDA
{quote} @connect_ananth: It is only a guide as to areas of interest as to how price action may respond and if it does, it helps to explain why. If you continue to observe these expiries, you can tend to see that on most occasions they are very reliable in helping you to plan your trade. Look at the USD/CAD for example - 1.1100 is an options barrier - Look at how price action had approached it and is respecting it for now. On Monday, September 15, 2014 look again - there is an option's expiry at 1.0950 with a pay out of US$1.9 Billion and the USD/CAD...
  • #398,442
  • Sep 12, 2014 3:21pm Sep 12, 2014 3:21pm
I am just quickly going to share my method of trading....I use the weekly chart for any pairs that I'm trading.... if the RSI Is on or just above the 70 percent mark I'll short said pair.... if the RSI is on or just below the 30 percent line I'll long said pair.... under normal circumstances I'll allow up to 300 pips movement against me... my GU trade moved against me by all most 400...but this is not normal circumstances effecting GU....I also pay great attention to fundamentals to figure out my TP's...if this helps anyone great, I'm glad I have helped.... if you choose to ignore that's great too... share your knowledge for the reason for ignoring...I embrace knowledge
Peace & Pips
  • #398,443
  • Sep 12, 2014 3:23pm Sep 12, 2014 3:23pm
Quoting GlobalMacro
{quote} Love it , Partner. Love the S/L you used even more. That's all for me for this week. It's been real. Have a great weekend & Make the best of it. It's all we got. {image}
sl is now being moved before close ,it is going to be on 6247 and tp is on the x on the chart in case of spike ,,thats it
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 60 KB
good night ,,
  • #398,444
  • Sep 12, 2014 3:25pm Sep 12, 2014 3:25pm
Quoting albchr
{quote}
Hi Chris just pm,,i see your still up to your eyes in it,,keep going soon be over ,,post in the morning just going to make last min changes before close ,, B
  • #398,445
  • Sep 12, 2014 3:25pm Sep 12, 2014 3:25pm
Quoting GlobalMacro
{quote} Alright , keeping a tight flow over here.... Raising T/P to 1.6487 from 1.6340 ---> long @ 1.6230 s / l : 1.6170 t / p : 1.6487
thyanks dear
  • #398,446
  • Sep 12, 2014 3:26pm Sep 12, 2014 3:26pm
Quoting albchr
{quote} Wish I knew Yardi, been so wrapped up getting the house ready for the photo shoot tonight I haven't seen her in over 2 weeks. Thank you for asking. My brother tells me she's about the same. As for me? I'm SHOT brother. Been going 20 to 22 hours a day. Not a real stretch for me except all the added work has taken a real bite. Guess I'm not getting any younger ... yet? Taking a 5 minute coffee break here. Then back at it. 2 hours left. Congrats on your U/Cad brother. Well done! She just tiptoed past...
Darn..better luck next time....22 hour day is not good....I owned a coffee once and at the start up....I was doing 19 hour days....I slept at a traffic lights on the way home.... not recommended Chris.... we are not machines... we need rest... good luck with the house...
Peace & Pips
  • #398,447
  • Sep 12, 2014 3:31pm Sep 12, 2014 3:31pm
Nice picture.

Can anybody say, what is the effect of such candle formation next week from Day 1 to day 5.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDDaily.png Size: 32 KB
Intraday only.
  • #398,448
  • Sep 12, 2014 3:34pm Sep 12, 2014 3:34pm
Quoting YardiFX
I am just quickly going to share my method of trading....I use the weekly chart for any pairs that I'm trading.... if the RSI Is on or just above the 70 percent mark I'll short said pair.... if the RSI is on or just below the 30 percent line I'll long said pair.... under normal circumstances I'll allow up to 300 pips movement against me... my GU trade moved against me by all most 400...but this is not normal circumstances effecting GU....I also pay great attention to fundamentals to figure out my TP's...if this helps anyone great, I'm glad I have...
Hi Y,,i was reading about a guy who trades with heiken ashi..spelling is prob wrong?? lol he trades weekly with 300 sl to make 100tp,so there are a lot of ways it depends how you develop from your beginning gl E
  • #398,449
  • Sep 12, 2014 3:35pm Sep 12, 2014 3:35pm
Quoting navk
Nice picture. Can anybody say, what is the effect of such candle formation next week from Day 1 to day 5. {image}
Not me buddy ,,you still short ?? E
  • #398,450
  • Sep 12, 2014 3:40pm Sep 12, 2014 3:40pm
Quoting elbert3
{quote} Not me buddy ,,you still short ?? E
Yeah some are there opened today, in control I think, let us see.
Intraday only.
  • #398,451
  • Sep 12, 2014 3:40pm Sep 12, 2014 3:40pm
Quoting navk
Nice picture. Can anybody say, what is the effect of such candle formation next week from Day 1 to day 5. {image}
Just looking @ the chart it appears price is nearing resistance or supply a bit higher but the problem I have with any of the crosses is that I'd want to analyze the 2 currencies involved (GU & AU charts) then come up with a trade based upon the analysis of the other 2 charts. Definitely more complicated this way.

***Personally, I wouldn't want to short GU as I feel the vote is "NO" so Scotland stays in UK.
  • #398,452
  • Sep 12, 2014 3:44pm Sep 12, 2014 3:44pm
Quoting navk
{quote} yeah some are there opened today, in control i think, let us see.
remember last week better safe sl on and tp if you think it will gap where you think ,,
  • #398,453
  • Sep 12, 2014 3:51pm Sep 12, 2014 3:51pm
Quoting elbert3
{quote} Hi Y,,i was reading about a guy who trades with heiken ashi..spelling is prob wrong?? lol he trades weekly with 300 sl to make 100tp,so there are a lot of ways it depends how you develop from your beginning gl E
That's pretty much what I do sometimes but adding positions as I go along.... so instead of gaining 100 I could have between 300 to 600 pips on average... but money management has to be on point....
Peace & Pips
  • #398,454
  • Sep 12, 2014 3:55pm Sep 12, 2014 3:55pm
Quoting zafeer
{quote} thyanks dear
You're welcome. But I'm sure you have your own method and trading it as well.

Have a great weekend. I'm outta here.
Hear the music before the song is over ...
  • #398,455
  • Sep 12, 2014 4:00pm Sep 12, 2014 4:00pm
Sl/pp is now locked at 6259 THAT WAS SECONDS TO SPARE ,,BUT I THINK LAST SECONDS IT WANTED TO GO DOWN ???WELL SAFE NOW AND ANY UP IS ONLY PROFIT. THATS ME GUYS HAVE A GOOD WEEKEND , POOL PARTY TOMORROW BEFORE HEATER IS TURNED OFF,,MY GOD WHERE DOES THE TIME GO,?
  • #398,456
  • Sep 12, 2014 4:05pm Sep 12, 2014 4:05pm
Bulls ready for another bearish gap....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m5-alpari-limited2.png Size: 63 KB
  • #398,457
  • Sep 12, 2014 4:14pm Sep 12, 2014 4:14pm
I'm Ready... (Bearish Gap),

But I do think this Finality of a Wave-C,
May well happen, with the "Blink of an Eye"...

Here's what i see potentially, where there's still room,
for some Bulls to play like "Deer" Dancing around,
before they Get Dropped!

Happy Pipping Gang, 'got just a couple on the uptake,
Have a Great Wk'd,

Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 9_12_2014 GBP_USD 4hr Chart End of Market_Looks like Wave_C 2nd Wave Set Started.png Size: 35 KB
I will work to Objectively Identify my Edges
  • #398,458
  • Sep 12, 2014 4:17pm Sep 12, 2014 4:17pm
Quoting navk
Nice picture. Can anybody say, what is the effect of such candle formation next week from Day 1 to day 5. {image}
Next week, One Big Spike up 80-100pip then BIG DOWN
The Chart I am showing is GJ
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 2 KB
A good trader follows his rules, but great trader knows when to break them
  • #398,459
  • Sep 12, 2014 4:26pm Sep 12, 2014 4:26pm
Quoting DifferTrader
good morning friends can some gurus explain this .... is my calculation is good or bad .. if my calculation good means we can 6320 sure... but am {image}
ha ha weekly candle ended with bullish (looks like hammer) sign be careful on next week friends ....

have a great weekends enjoy
  • #398,460
  • Sep 12, 2014 4:45pm Sep 12, 2014 4:45pm
Gidday GBP/US

Tough week in GBP

still down $629 in this pair

Got a few short 1.62 TP 1.60

An 3 long 1.62 to 1.635+1.64+

To me feels like we at 1.48

remember they kept pulling the chain hard every cent or so
449 traders viewing now