Cable Update (GBPUSD) | Page 21495 | 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)

  • #429,881
  • Apr 28, 2016 7:08am Apr 28, 2016 7:08am
Quoting Akt
{quote} Hello dean1star, good to meet you. I understand what you are saying and why you are saying it. Totally get it. However, I know successful traders who come on forums purely for the fun of it. Mostly in the shadows, but sometimes they pipe up and engage in a conversation. Trading can be lonely especially if there is no-one in your immediate circle who is into it. best wishes
Hey AKT - yeh cool to meet you too and yeh totally agree with that ..

btw still waiting to go short not confirmed as of yet .. but hey thats not advice thats just me opening my big mouth and shouting where i am at .. if more traders put their trades up in real time then hey this place would be rocking - but you know they wont and we know why .. waiting to go short but not today it seems..but when i do will shout it out as per usual.
  • #429,882
  • Apr 28, 2016 7:11am Apr 28, 2016 7:11am
Quoting PatienceFx
{quote} i might change my view point on the next h4 candle in 70 min , till then have fun pissing off the bears {image}
booked at 4579

Inserted Video
  • #429,883
  • Apr 28, 2016 7:13am Apr 28, 2016 7:13am
Quoting dean1star
{quote} Maybe if your looking into this strategy then perhaps this might be of some help. Just a thought as i remembered where i had read about this before in another thread here. http://www.forexfactory.com/showthread.php?t=541311
Hi dean1star
Thanks for referring to the Straddle thread, I was just following Straddle.
  • #429,884
  • Apr 28, 2016 7:20am Apr 28, 2016 7:20am
Quoting PatienceFx
{quote} booked at 4579 https://www.youtube.com/watch?v=lCGO0Z0Kt3Y
planning a short from 4590 area
  • #429,885
  • Apr 28, 2016 7:32am Apr 28, 2016 7:32am
your gonna have to look at yourself first ,lets be honest the contribution is minimal ,saying I'm long ,still long day after day gotta be the worst kind poster lets see the chart with the trade ,then you can call out others ,more importantly lets see the reason

Quoting dean1star
{quote} Hey AKT - yeh cool to meet you too and yeh totally agree with that .. btw still waiting to go short not confirmed as of yet .. but hey thats not advice thats just me opening my big mouth and shouting where i am at .. if more traders put their trades up in real time then hey this place would be rocking - but you know they wont and we know why .. waiting to go short but not today it seems..but when i do will shout it out as per usual.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #429,886
  • Apr 28, 2016 7:35am Apr 28, 2016 7:35am
does anyone have an indicator which shows daily pips collected or lost

i think i need a good statistical tool to improve my own trading

4620 has been holding down cable the whole week , a horizontal line drawn there will give a better idea

so i think 4612 / 4620 is the best place to plan new shorts with sl just above

Quoting PatienceFx
4620 has been holding down cable the whole week , a horizontal line drawn there will give a better idea so i think 4612 / 4620 is the best place to plan new shorts with sl just above
watching 4540 [ day open ] support for clues on next trade possibility

8 min to go

great, new h4 candle in, looks short for the next 4 hours, lets see if i get a good short below 4574

Quoting PatienceFx
great, new h4 candle in, looks short for the next 4 hours, lets see if i get a good short below 4574
short taken 4562 , gotta merge my posts

lets see how far we drop and where i get my exit on this one

Attached Image
  • #429,887
  • Apr 28, 2016 8:18am Apr 28, 2016 8:18am
I mean come on ,you can't honestly think your updates and shouts are good enough

" .. waiting to go short but not today it seems..but when i do will shout it out as per usual. "

Quoting dean1star
staying long on this one ..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #429,888
  • Apr 28, 2016 8:19am Apr 28, 2016 8:19am
looks like i may not get more than 4527 on this short, lets see ; cable's wife standing at 4540 gives way or not
  • #429,889
  • Apr 28, 2016 8:20am Apr 28, 2016 8:20am
#GBPUSD now that FOMC is out of the way, I'm back in short @ 1.4615 & 1.4592 / SL 1.4635
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4-28-16.png Size: 100 KB
"W. D. Gann said that time is the most important factor among all things."
  • #429,890
  • Apr 28, 2016 8:22am Apr 28, 2016 8:22am
Quoting PatienceFx
looks like i may not get more than 4527 on this short, lets see ; cable's wife standing at 4540 gives way or not
but if 4527 breaks it will be total chaos

Quoting Bones
I mean come on ,you can't honestly think your updates and shouts are good enough " .. waiting to go short but not today it seems..but when i do will shout it out as per usual. " {quote}
we need counter trend trades, otherwise how will we trade ?

Quoting PatienceFx
looks like i may not get more than 4527 on this short, lets see ; cable's wife standing at 4540 gives way or not
cable's wife [ 4540 ] blocks the door, how will you pass now
  • #429,891
  • Apr 28, 2016 8:33am Apr 28, 2016 8:33am
Quoting PatienceFx
looks like i may not get more than 4527 on this short, lets see ; cable's wife standing at 4540 gives way or not
I got in at 4597 myself, targeting 4250 now. Will add shorts in days to come
Forex, awful to watch, AWESOME to play
  • #429,892
  • Edited 8:47am Apr 28, 2016 8:35am | Edited 8:47am
I'm seeing a pennant.

Or I'm seeing what I want to see.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB

Only the break of the RSI trendline is bringing me some concern.

I'm holding long because of:

- The bullish pennant
- RSI > 50
- EMA 5 / SMA 8 entry on H4
- Momentum D UP (EMA 5 / SMA 8 Daily)
- Speed D UP (Crossing EMA 21 / EMA 55 Daily)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 68 KB
What's that smell? ---- I smell money!
  • #429,893
  • Apr 28, 2016 8:44am Apr 28, 2016 8:44am
lets take it to a very basic level, so all can understand what is happening here better

the mid of bands is supporting cable, and unless its taken care of, cable is not going anywhere

till then keep scalping small pips

Attached Image (click to enlarge)
Click to Enlarge Name: EI4BtUF.png Size: 33 KB
  • #429,894
  • Apr 28, 2016 8:52am Apr 28, 2016 8:52am
Quoting PatienceFx
lets take it to a very basic level, so all can understand what is happening here better the mid of bands is supporting cable, and unless its taken care of, cable is not going anywhere till then keep scalping small pips {image}
Any prediction on direction after consolidation?

grtz
What's that smell? ---- I smell money!
  • #429,895
  • Apr 28, 2016 8:54am Apr 28, 2016 8:54am
Quoting SteFX85
{quote} Any prediction on direction after consolidation? grtz
i can give a prediction, but the problem is you will not believe how accurate my prediction is

my prediction is

" cable will do exactly what it wants to do "
  • #429,896
  • Apr 28, 2016 8:59am Apr 28, 2016 8:59am
no I'm just saying dean needs to meet the high standards he wants the thread to b ,chart with trade ,to me its worse to simply talk about the trades you have ,
no back up or reason than not talk about actual trades at all


Quoting PatienceFx
{quote} but if 4527 breaks it will be total chaos {quote} we need counter trend trades, otherwise how will we trade ? {quote} cable's wife [ 4540 ] blocks the door, how will you pass now
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #429,897
  • Apr 28, 2016 8:59am Apr 28, 2016 8:59am
still holding my 4562 short, cable's wife [ 4540 ] blocking the bears for now

Attached Image
  • #429,898
  • Apr 28, 2016 9:09am Apr 28, 2016 9:09am
Quoting PatienceFx
{quote} i can give a prediction, but the problem is you will not believe how accurate my prediction is my prediction is " cable will do exactly what it wants to do "
Ok.. patience my friend
What's that smell? ---- I smell money!
  • #429,899
  • Apr 28, 2016 9:09am Apr 28, 2016 9:09am
Monthly candle wants to close above 4500 tomorrow, then next month, Monday, will start drop again
Forex, awful to watch, AWESOME to play
  • #429,900
  • Apr 28, 2016 9:10am Apr 28, 2016 9:10am
Quoting PatienceFx
still holding my 4562 short, cable's wife [ 4540 ] blocking the bears for now {image}
i think, i may have to exit this short at be or +5 ; natural fart storage news might weaken usd big time

will reconsider shorts only if 4540 breaks
1,514 traders viewing now, 1 is registered:
Meer-Shayhak