Cable Update (GBPUSD) | Page 20576 | 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)

  • #411,501
  • Mar 13, 2015 5:46pm Mar 13, 2015 5:46pm
Quoting Mairan
anybody know why GBP was very very weak for the past couple days??
And the Fed sounding more definitive on rate increases than Carney who has a recent history of waffle and contradictory messages in his speeches.

As well as changing his mind on rate rise outlook from month to month.

I don't listen to him anymore personally and it seems the market doesn't either

Closed out last of my shorts at 4725.

Might get a bit of a bounce around here before this trend continues



Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
Click to Enlarge Name: GBPUSDH1.png Size: 20 KB
Come with me if you want to live....
  • #411,502
  • Mar 14, 2015 1:10am Mar 14, 2015 1:10am
Yeah, "Inside Bar" doing the job nicely
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 27 KB
Come with me if you want to live....
  • #411,503
  • Mar 14, 2015 1:11am Mar 14, 2015 1:11am
Quoting Makavell
{quote} Cool cash all the way... taking my loot at 1.4557
Come with me if you want to live....
  • #411,504
  • Mar 14, 2015 1:24am Mar 14, 2015 1:24am
Quoting Bones
none are trend lines so I'm wondering how you could trade them {quote}
here is the complete trend lines, that white doted line was the trend line inside the trend lines

next week's candle stick limited to 275 pips ... up or down.
Attached Image (click to enlarge)
Click to Enlarge Name: trend in weekly chart.png Size: 28 KB
  • #411,505
  • Edited 1:53am Mar 14, 2015 1:28am | Edited 1:53am
Quoting emanco
I waited for the main support to break for confirmation and went short twice. There isn't any reason for Sterling to be weak, but I don't question these moves anymore. From a technical point of view it resumed it's bearish trend with huge moves. That tiny cat bounce is just normal profit taking. {image}
are you the insider trader ?

how many days you need to collect all the money in the world 600 trillion dollar
  • #411,506
  • Mar 14, 2015 3:21am Mar 14, 2015 3:21am
oh right bit clearer ,why do you say that range ?


Quoting GrowthHack
{quote} here is the complete trend lines, that white doted line was the trend line inside the trend lines next week's candle stick limited to 275 pips ... up or down. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,507
  • Mar 14, 2015 3:42am Mar 14, 2015 3:42am
Quoting GrowthHack
{quote} are you the insider trader ? how many days you need to collect all the money in the world 600 trillion dollar
Uh, nope. I'm just an average guy doing some occasional trading. One million would be more than enough for me, I don't need fancy things for a living.
  • #411,508
  • Mar 14, 2015 3:45am Mar 14, 2015 3:45am
normally id say very bearish for a candle to fail like that ,just location ..
to buy it would have to be good theres a potential tl eu and gu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 21 KB
Click to Enlarge Name: NZD (DFB).png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,509
  • Mar 14, 2015 3:46am Mar 14, 2015 3:46am
eu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 25 KB
Click to Enlarge Name: NZD (DFB).png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,510
  • Mar 14, 2015 3:55am Mar 14, 2015 3:55am
it is piercing line failed pattern due to prior move ,overall cable = consolidation ,nothing concrete within

Quoting Ill-b-back
Yeah, "Inside Bar" doing the job nicely {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,511
  • Mar 14, 2015 4:19am Mar 14, 2015 4:19am
quarterly shows 3 crows at this time ,original monthly dark cloud was better other end because it was at the very extreme of range
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 18 KB
Click to Enlarge Name: NZD (DFB).png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,512
  • Mar 14, 2015 5:05am Mar 14, 2015 5:05am
Quoting Bones
it is piercing line failed pattern due to prior move ,overall cable = consolidation ,nothing concrete within {quote}
A piercing line that failed

or

An inside bar off weekly resistance that did precisely as I expected
Come with me if you want to live....
  • #411,513
  • Mar 14, 2015 7:22am Mar 14, 2015 7:22am
Sterling weakened first due to some weaker data than we expected on Wednesday. Carney was then more dovish than we were expecting, causing further weakness in the Pound. US Dollar had the amazing NFP last week, and next week we're expecting the Fed to remove 'patient'. Simple.
  • #411,514
  • Mar 14, 2015 7:53am Mar 14, 2015 7:53am
If we get a bounce and retest the monthly breakout/lower TL, it could be worth a good short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 30 KB
Click to Enlarge Name: GBPUSDWeekly1.png Size: 28 KB
Come with me if you want to live....
  • #411,515
  • Mar 14, 2015 7:58am Mar 14, 2015 7:58am
Quoting Bones
quarterly shows 3 crows at this time ,original monthly dark cloud was better other end because it was at the very extreme of range {image} {image}
Thanks for the charts Bones.

Guess we stopped where we should. But context of 3 crows? Any thoughts?

EU? We know what else is there....

I imagine we will find out this week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly314.jpg Size: 257 KB
Click to Enlarge Name: GBPUSDWeekly314.jpg Size: 267 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #411,516
  • Mar 14, 2015 7:59am Mar 14, 2015 7:59am
guess everyone needs to be lucky now and then

Quoting Ill-b-back
{quote} A piercing line that failed or An inside bar off weekly resistance that did precisely as I expected
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,517
  • Mar 14, 2015 8:08am Mar 14, 2015 8:08am
not sure what to make of it S ,as were cutting across range so poss not as powerfull $ is the key but I guess we need some kind of event ,



Quoting Mr. Scott
{quote} Thanks for the charts Bones. Guess we stopped where we should. But context of 3 crows? Any thoughts? EU? We know what else is there.... I imagine we will find out this week. {image} {image}
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,518
  • Mar 14, 2015 8:09am Mar 14, 2015 8:09am
Quoting Bones
guess everyone needs to be lucky now and then {quote}
lol,

I'll take that as a joke

The alternative does not bear thinking about
Come with me if you want to live....
  • #411,519
  • Mar 14, 2015 8:10am Mar 14, 2015 8:10am
great it was

Quoting Ill-b-back
{quote} lol, I'll take that as a joke The alternative does not bear thinking about
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,520
  • Mar 14, 2015 8:23am Mar 14, 2015 8:23am
Quoting Bones
not sure what to make of it S ,as were cutting across range so poss not as powerfull $ is the key but I guess we need some kind of event , {quote} {image}
Like March 18.
The world you desire can be won. It exists.. it is real.. it is possible..
290 traders viewing now, 1 is registered:
pgburty