Cable Update (GBPUSD) | Page 20329 | 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)

  • #406,561
  • Jan 10, 2015 9:23am Jan 10, 2015 9:23am
Quoting Bones
Hi e im struggling why your bullish gbp , right now 1 full week in there's an engulfing monthly off top of range ,but its more than that cause the previous had no sellers to speak of end of month close like this or lower ,you will see power of failure ,end of month may be far its not to early to realise there's a problem looming , {quote} {image}
Hi Bones yes i have 2 longs and i have been scalping away and just going with the flow, long or short it does not matter,now at the end of this week it looks like the pull back to 23% might of been its high ,waiting to see what the week brings , i have a buy order 5177 , to 5200/5235... but the last position on my floater is short 5164 tp 5145, in case of any gap on sunday night . hope that sounds clear,,i have a audusd 8153 entry looking longer ist target 8200, and i might long gold on monday i have posted that in ,all majors thread .. thats me have a good weekend ,regards E
  • #406,562
  • Jan 10, 2015 9:32am Jan 10, 2015 9:32am
Quoting Bones
Hi e im struggling why your bullish gbp , right now 1 full week in there's an engulfing monthly off top of range ,but its more than that cause the previous had no sellers to speak of end of month close like this or lower ,you will see power of failure ,end of month may be far its not to early to realise there's a problem looming , {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: E.png Size: 68 KB
other one of interest next week 1859 goes then look to the 5 min for possible targets,, only is it can get over the resistance on that 4 hour,
Attached Image (click to enlarge)
Click to Enlarge Name: e5.png Size: 76 KB
  • #406,563
  • Jan 10, 2015 9:46am Jan 10, 2015 9:46am
Attached Image (click to enlarge)
Click to Enlarge Name: m.png Size: 79 KB
lets see if history repeats ,, last time price falsed out and went up, will it do it again,,,?????
  • #406,564
  • Edited 10:27am Jan 10, 2015 10:01am | Edited 10:27am
Just a thought as I said previous ,when we broke up ,then it was posted on way down a test
these tls have no real importance at this time ,its difficult to make a trend out of nothing

Quoting elbert3
{image} lets see if history repeats ,, last time price falsed out and went up, will it do it again,,,?????
Attached Image (click to enlarge)
Click to Enlarge Name: box USD (DFB).png Size: 47 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,565
  • Jan 10, 2015 10:08am Jan 10, 2015 10:08am
Quoting elbert3
{image} lets see if history repeats ,, last time price falsed out and went up, will it do it again,,,?????
No need to think twice. If no euro dramatic weakness, cable will not trade below 1.50 before 7 May, continuing buying here and selling on wider movements only
  • #406,566
  • Jan 10, 2015 10:12am Jan 10, 2015 10:12am
Quoting elbert3
{quote} Hi Bones yes i have 2 longs and i have been scalping away and just going with the flow, long or short it does not matter,now at the end of this week it looks like the pull back to 23% might of been its high ,waiting to see what the week brings , i have a buy order 5177 , to 5200/5235... but the last position on my floater is short 5164 tp 5145, in case of any gap on sunday night . hope that sounds clear,,i have a audusd 8153 entry looking longer ist target 8200, and i might long gold on monday i have posted that in ,all majors thread .....
So much to say, but the trouble and strife is stirring. Got to stay of trouble.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1110.jpg Size: 178 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #406,567
  • Jan 10, 2015 10:15am Jan 10, 2015 10:15am
good luck with that flawed fundimental opinion lets face it your relying on eur to begin with ,

Quoting Harris27
{quote} No need to think twice. If no euro dramatic weakness, cable will not trade below 1.50 before 7 May, continuing buying here and selling on wider movements only
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,568
  • Jan 10, 2015 10:20am Jan 10, 2015 10:20am
im settled on thats the bottom of current channel ,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp USD h12 (DFB).png Size: 32 KB
Click to Enlarge Name: gbp USD h12 z (DFB).png Size: 33 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,569
  • Jan 10, 2015 10:49am Jan 10, 2015 10:49am
Tell me Mr. Technical how any currency will hold on alone vs the dollar when the euro will be collapsing?!

Must know bro that sometimes there's no need for a chart to figure prices to buy and sell at combined with some fundamentals, talking long term view.
  • #406,570
  • Jan 10, 2015 11:48am Jan 10, 2015 11:48am
I suspect $ will retrace ,I'm not sure what you mean of course the eur can go down whist others go up ,but even eu Im not looking short right now,


Quoting Harris27
Tell me Mr. Technical how any currency will hold on alone vs the dollar when the euro will be collapsing?! Must know bro that sometimes there's no need for a chart to figure prices to buy and sell at combined with some fundamentals, talking long term view.
Attached Image (click to enlarge)
Click to Enlarge Name: eur GBP (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,571
  • Jan 11, 2015 2:05am Jan 11, 2015 2:05am
Quoting Red Alert
{quote} where the gap will be up or down?
Looking at the situation, it will be a gap up, in my opinion..
but still, no need to rush the entry if the condition is not certain...
GTS V8 Return This Month: 0.1%
  • #406,572
  • Jan 11, 2015 10:37am Jan 11, 2015 10:37am
Quoting Mr.C
Hey guys. Back to business. GBP/USD‬ has the honor to be the first pair traded in 2015. Placed a pending buy @ 1,5099 with a SL @ 1,5059. Now patience is all we need. Happy NY! Wish you all the best of luck in 2015!
Quoting bimarpradana
{quote} hello bro, i think your pending buy is on now and running profit,,,where are your take profit level? now i am buy GBP/USD @ 1.5139 level,,wish me luck hehe
Quoting elbert3
{quote} {image} hi just having a look at the past on the day ,good luck,,regards E
Kicked out with 40 points going to 'charity'. Early entry but seems that the plan was good. Cable is climbing back north. I think ~1,5280 - 1,5310 is a good possibility for near future.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #406,573
  • Jan 11, 2015 5:28pm Jan 11, 2015 5:28pm
Quoting rizkinovri
{quote} Looking at the situation, it will be a gap up, in my opinion.. but still, no need to rush the entry if the condition is not certain...
And .. there it goes gap up on 5 minutes chart at 1.5172..

And i m looking at gap recovery..
entry on 1.5189 , sL 1.5197, tp 1.5162..
good luck for me.. :3
GTS V8 Return This Month: 0.1%
  • #406,574
  • Jan 11, 2015 6:06pm Jan 11, 2015 6:06pm
looks to me like 5250 area next
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 25 KB
Click to Enlarge Name: GBPUSDH1.png Size: 23 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 22 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 22 KB
Come with me if you want to live....
  • #406,575
  • Jan 11, 2015 8:53pm Jan 11, 2015 8:53pm
Quoting Ill-b-back
looks to me like 5250 area next {image} {image} {image} {image}
Happy New Year my friend, hope you had a good end of the year and all the best for you and yours this year......
The Chonchy
  • #406,576
  • Jan 11, 2015 10:02pm Jan 11, 2015 10:02pm
Quoting chonchy
{quote} Happy New Year my friend, hope you had a good end of the year and all the best for you and yours this year......
You too Chonchy, happy new year my good man, you deserve all the very best for 2015
Come with me if you want to live....
  • #406,577
  • Jan 12, 2015 1:22am Jan 12, 2015 1:22am
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 67 KB
moning moving into what looks like consolidation for the start of the week might get direction here hope it is long,,if so can we see 5480 ??
  • #406,578
  • Jan 12, 2015 1:27am Jan 12, 2015 1:27am
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 76 KB
load 5177 or hedge short then long if it gets to the bottom line ???
  • #406,579
  • Jan 12, 2015 1:38am Jan 12, 2015 1:38am
Quoting elbert3
{image} load 5177 or hedge short then long if it gets to the bottom line ???
if your bottom is the "x" mark.. i agree.. as far the price still accumulated the power to bull, we re ready to enter short term long at that "x" ..

i cancelled my TP at 1.5162 bcause it's still flowing..
i m waiting my short position reach next fibb support at 1.5107 and then TP, with stochastic overbought already..
and then enter long.. at that position..
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 38 KB
GTS V8 Return This Month: 0.1%
  • #406,580
  • Jan 12, 2015 1:40am Jan 12, 2015 1:40am
Descending trend-line on H4 chart seems compressing the GBPUSD up-move, the pair is more likely to test 1.5110 soon.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
305 traders viewing now, 2 are registered:
,
Olu