Cable Update (GBPUSD) | Page 20281 | 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)

  • #405,601
  • Dec 1, 2014 2:59am Dec 1, 2014 2:59am
Attached Image (click to enlarge)
Click to Enlarge Name: 30.png Size: 87 KB
5600 entry
  • #405,602
  • Dec 1, 2014 3:09am Dec 1, 2014 3:09am
Quoting joe123
below 1.5676 we are bearish. needs to consume current demand before we head lower. {image}
Hi Joe123, 1.5688 been hit so now heads are gonna down?
  • #405,603
  • Dec 1, 2014 3:50am Dec 1, 2014 3:50am
Market tumble at moment on 1st day of month.
Waiting till US open after 10 NY time to see real buyers/sellers.
Some funds close and re-enter each month. So, price will move up/down to get their orders done.

Too much price move, very volatile.

Sell high for cable 1.5735/45 --- 61.8% or 1.5770 --- 76.4% or 1.583x --- range top.
  • #405,604
  • Dec 1, 2014 4:42am Dec 1, 2014 4:42am
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.png Size: 81 KB
watch lines
  • #405,605
  • Dec 1, 2014 4:49am Dec 1, 2014 4:49am
Clean break out of DTL in LDN this session.
1.5640 break resulted in a solid bullish momentum intraday.
Attached Image
Hear the music before the song is over ...
  • #405,606
  • Dec 1, 2014 4:51am Dec 1, 2014 4:51am
Quoting GlobalMacro
Clean break out of DTL in LDN this session. 1.5640 break resulted in a solid bullish momentum intraday. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 61 KB
5735 area needs to be taken for me to carry on,,,regards
  • #405,607
  • Dec 1, 2014 4:54am Dec 1, 2014 4:54am
Quoting elbert3
{quote} {image} 5735 area needs to be taken for me to carry on,,,regards
Nice chart elbert, I also bought kuat earlier, now leave Betty Grable alone + 40 Pips with lots of office work to do, regards.
Fix up, trade sharp ...
  • #405,608
  • Dec 1, 2014 4:56am Dec 1, 2014 4:56am
Gooood Morning :-)
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp-h1-admiral-markets-as.png Size: 65 KB
  • #405,609
  • Dec 1, 2014 4:57am Dec 1, 2014 4:57am
Quoting elbert3
{quote} {image} 5735 area needs to be taken for me to carry on,,,regards
Hi Billy, the way this pair is powering up this a.m. , 1.5735 is just a matter of time ...
Hear the music before the song is over ...
  • #405,610
  • Dec 1, 2014 4:57am Dec 1, 2014 4:57am
Quoting Hickson
{quote} Nice chart elbert, I also bought kuat earlier, now leave Betty Grable alone + 40 Pips with lots of office work to do, regards.
Morning gl Mr H ,,positive now, but careful
  • #405,611
  • Dec 1, 2014 4:58am Dec 1, 2014 4:58am
Quoting GlobalMacro
{quote} Hi Billy, the way this pair is powering up this a.m. , 1.5735 is just a matter of time ...
Morning GM yes carefull thou ,i would like to see it break the 1 hour tl on the above chart ,, gl in at 560 pp on 5700 now
  • #405,612
  • Dec 1, 2014 5:06am Dec 1, 2014 5:06am
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 69 KB
triple bottom???????? just made a low, only pips below retrace is possible to 5660 area if we dont get 35/40 soon
  • #405,613
  • Dec 1, 2014 5:11am Dec 1, 2014 5:11am
Quoting elbert3
{quote} Morning GM yes carefull thou ,i would like to see it break the 1 hour tl on the above chart ,, gl in at 560 pp on 5700 now
I managed to catch the break just in time for a minimum tp of 1.5727 ... but question then becomes this keeps rising parabolically , would be tough to re-enter for the day once outta the trade ....
Hear the music before the song is over ...
  • #405,614
  • Dec 1, 2014 5:16am Dec 1, 2014 5:16am
Quoting GlobalMacro
{quote} I managed to catch the break just in time for a minimum tp of 1.5727 ... but question then becomes this keeps rising parabolically , would be tough to re-enter for the day once outta the trade ....
and as you typed i came out 712, i have put buy on the high ,,
  • #405,615
  • Dec 1, 2014 5:18am Dec 1, 2014 5:18am
what a cock move that was ,, ???????
  • #405,616
  • Dec 1, 2014 5:45am Dec 1, 2014 5:45am
Quoting elbert3
{quote} and as you typed i came out 712, i have put buy on the high ,,
Good one. I TPed @ 1.5727 as well.
Hear the music before the song is over ...
  • #405,617
  • Dec 1, 2014 6:38am Dec 1, 2014 6:38am
GBPUSD respected descending trend line breakout, however, horizontal resistance near 1.5730 becomes important for the pair and signals additional weakness for the pair to plunge towards 1.5650 re-test.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 35 KB
  • #405,618
  • Dec 1, 2014 6:53am Dec 1, 2014 6:53am
this 4H candle engulfed the past 8 candles in a very strong bull move. This channels are working great and cable is heading higher in my opinion
Attached Image (click to enlarge)
Click to Enlarge Name: 11 30 2013 cable lines.jpg Size: 113 KB
  • #405,619
  • Dec 1, 2014 6:54am Dec 1, 2014 6:54am
Quoting elbert3
{image} triple bottom???????? just made a low, only pips below retrace is possible to 5660 area if we dont get 35/40 soon
I see that moment with other point of view. If price don't go more up then maybe it's a price compression ( flag ) before heavy fall, because at HT you see LH since price arrive at 1.56. But that is only supposition...
Try don't lose pants never...
  • #405,620
  • Dec 1, 2014 7:08am Dec 1, 2014 7:08am
Picked up some longs on #GBPUSD @ 1.5611
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 12-1-14.png Size: 145 KB
"W. D. Gann said that time is the most important factor among all things."
326 traders viewing now