Cable Update (GBPUSD) | Page 20209 | 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)

  • #404,161
  • Oct 29, 2014 7:35am Oct 29, 2014 7:35am
Quoting Ill-b-back
{quote} Ok bro, but I guess I am still struggling to understand why you would choose yesterday as your TL reference point (1st chart), rather than the far more obvious Sept 19th candle top swing high (2nd chart), as it sticks out like dogs balls and price has pierced it {image} {image}

because if price touches this line, can it bounce? if the answer to this is yes

then that is why
  • #404,162
  • Oct 29, 2014 7:39am Oct 29, 2014 7:39am
Quoting nAVIN2007
{quote} because if price touches this line, can it bounce? if the answer to this is yes then that is why
Sorry nAV, I have no idea what you are saying. Bounce which way, up or down?

Your potential line is not even 1 day old (swing point formed close of trade yesterday)
Come with me if you want to live....
  • #404,163
  • Oct 29, 2014 7:42am Oct 29, 2014 7:42am
Quoting Ill-b-back
{quote} Trick is, we didn't actually quite reach the 23 fib and 4hr 200ema yesterday, maybe we smash it today, who knows, the ema is flattening out nicely though I struggle to see Yellen going all hawkish on us all of a sudden even if they do trim the last 15Bil
, maybe it went looking for more buyers lol closeup on the same chart
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 78 KB
6075 looks to still be the cut,and 6183 at the top,
  • #404,164
  • Oct 29, 2014 7:43am Oct 29, 2014 7:43am
Quoting nAVIN2007
{quote} honestly i work mostly today i took day off..otherwise i wont do what im doing..its just i cant monitor my trades and I have no issues with time, trading for me is the same as not trading but i make more than what i would if it was in bank..looking to change this thou If i traded any otherway i think with my work and everything id probably be worse off
I do understand the situation, the most important is manage your risk whatever your style...

The first priority should be your daily real work......

Good luck Nav....
  • #404,165
  • Oct 29, 2014 7:44am Oct 29, 2014 7:44am
Quoting nAVIN2007
{quote} because if price touches this line, can it bounce? if the answer to this is yes then that is why
What I mean is, why is yesterdays high so special as a potential TL reference point that if we even pierce it today, price will go up?

FOMC??
Come with me if you want to live....
  • #404,166
  • Oct 29, 2014 7:52am Oct 29, 2014 7:52am
Quoting nAVIN2007
{quote} because if price touches this line, can it bounce? if the answer to this is yes then that is why
what kind of orthodox method is that ? no wonder you average your loses for 1000 pips over
  • #404,167
  • Oct 29, 2014 7:52am Oct 29, 2014 7:52am
Quoting swingsignals
{quote} Your trendlines are not accurate. But according to my swing analysis we are in an uptrend right now. The downside seems to be capped at 1.067, IF it will be an up move at the FED meeting today then the targhet to take profit and start shorting is at 1.631. However today if the 1.067 will be broken then it will probably go as low as 1.593 (which still keeps the uptrend intact). Have fun trading and thank me after the above will come true.
Trendline(s)??
I only got 1 TL on the chart.

I am interested in your view why it is not a TL though?

Seems to me to be connecting 2 significant daily swing highs
Come with me if you want to live....
  • #404,168
  • Edited 8:45am Oct 29, 2014 7:53am | Edited 8:45am
Quoting Ill-b-back
{quote} What I mean is, why is yesterdays high so special as a potential TL reference point that if we even pierce it today, price will go up? FOMC??
look at it like this:-
if yur trendline was right ..it should have flooded long orders..price is basically dancing..because its in a triangle..and that is coming from yesterday high point and a new line forming..fomc will today provide a breakout..either the upper line or the lower line will go..

u make me laugh..your trading a breakout of price which hasnt even happened it..and not even thought about why price is not shooting upwards?
get your shit together bro
  • #404,169
  • Oct 29, 2014 7:54am Oct 29, 2014 7:54am
Quoting DailyChart
{quote} what kind of orthodox method is that ? no wonder you average your loses for 1000 pips over
u again
go eat some noodles man
  • #404,170
  • Oct 29, 2014 7:57am Oct 29, 2014 7:57am
Quoting nAVIN2007
{quote} u again
i am still remember you was experience a huge down by average your loses for 1000 pips over - gosh ~ some members here know that you are worses than HDA
  • #404,171
  • Oct 29, 2014 7:58am Oct 29, 2014 7:58am
Quoting DailyChart
{quote} i am still remember you was experience a huge down by average your loses for 1000 pips over - gosh ~ some members here know that you are worses than HDA
that is true ..eat some more noodles bro!!..
  • #404,172
  • Oct 29, 2014 7:59am Oct 29, 2014 7:59am
Quoting nAVIN2007
{quote} look at it like this:- if yur trendline was right ..it just have flooded long orders..price is basically dancing..because its in a triangle..and that is coming from yesterday high point and a new line forming..fomc will today provide a breakout..either the upper line or the lower line will go.. u make me laugh..your trading a breakout of price which hasnt even happened it..and not even thought about price price is not shooting upwards? get your shit together bro
Ha ha ha, up your arse bro.
Remember these "potential" TL's you kept predicting during your nearly 2000 pips DD from 1.53.

Get your own shit together first before slagging off
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 26 KB
Come with me if you want to live....
  • #404,173
  • Oct 29, 2014 8:00am Oct 29, 2014 8:00am
Quoting Ill-b-back
{quote} Ha ha ha, up your arse bro. Remember these "potential" TL's you kept predicting during your nearly 2000 pips DD from 1.53. Get your own shit together first before slagging off {image}

haha
see u lower amigo..(I must be bored)

not slagging u off bro..but man these things must be obvious really!!
  • #404,174
  • Oct 29, 2014 8:00am Oct 29, 2014 8:00am
Quoting DailyChart
{quote} i am still remember you was experience a huge down by average your loses for 1000 pips over - gosh ~ some members here know that you are worses than HDA
Don't be rude, respect each other...
The most important is, NAVIN save his trade whatever reason,
what about your trade?...
maybe you blow more account than the other.....
  • #404,175
  • Oct 29, 2014 8:01am Oct 29, 2014 8:01am
Quoting nAVIN2007
{quote} that is true ..eat some more noodles bro!!..

you still long way to go in trading bro but your comment to others seem like you are very expert one here,thats what make me big laugh of you
  • #404,176
  • Oct 29, 2014 8:04am Oct 29, 2014 8:04am
Quoting DailyChart
{quote} you still long way to go in trading bro but your comment to others seem like you are very expert one here,thats what make me big laugh of you

I am no expert..never claimed to be..just a squirel trying to catch a couple nuts
eat some noodles bro..
  • #404,177
  • Oct 29, 2014 8:05am Oct 29, 2014 8:05am
Quoting Red Alert
{quote} Don't be rude, respect each other... The most important is, NAVIN save his trade whatever reason, what about your trade?... maybe you blow more account than the other.....
here here there should be no need for it,, opinions should be respected even if wrong, learning is the way forward, dont preach, teach
  • #404,178
  • Oct 29, 2014 8:05am Oct 29, 2014 8:05am
Quoting nAVIN2007
{quote} that is true ..eat some more noodles bro!!..
Someone is calling for your attention, please be kind, she seems cute but she is he.
Don't be smart. Be rich.
  • #404,179
  • Oct 29, 2014 8:06am Oct 29, 2014 8:06am
Quoting nAVIN2007
{quote} look at it like this:- if yur trendline was right ..it just have flooded long orders..price is basically dancing..because its in a triangle..and that is coming from yesterday high point and a new line forming..fomc will today provide a breakout..either the upper line or the lower line will go.. u make me laugh..your trading a breakout of price which hasnt even happened it..and not even thought about why price is not shooting upwards? get your shit together bro
You think I haven't thought about the bullish weekly candle from the other week after the strong highlighted sell off from before?
Why wait for a breakout when PA is showing the way?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 23 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 30 KB
Come with me if you want to live....
  • #404,180
  • Oct 29, 2014 8:08am Oct 29, 2014 8:08am
Quoting nAVIN2007
{quote} I am no expert..never claimed to be..just a squirel trying to catch a couple nuts eat some noodles bro..


lol...always trying to be kind when others trying exposing you - well just keep humble man and learn from your mistakes,stop teasing HDA as you are no better than others in here or even life
767 traders viewing now