Cable Update (GBPUSD) | Page 21702 | 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)

  • #434,021
  • Jul 5, 2016 3:43am Jul 5, 2016 3:43am
Fall in Cable today is due to the sell off in equities during the Asian session, basically a 'Risk Off' day so don't read into this all doom and gloom for the UK.
That is clear to see when USD/JPY falls by 100 pips during the session.
Don't Leave Money on the Table
  • #434,022
  • Jul 5, 2016 3:45am Jul 5, 2016 3:45am
Quoting HaLBot
Fall in Cable today is due to the sell off in equities during the Asian session, basically a 'Risk Off' day so don't read into this all doom and gloom for the UK. That is clear to see when USD/JPY falls by 100 pips during the session.
The FACTS speak for themselves ..
  • #434,023
  • Jul 5, 2016 3:51am Jul 5, 2016 3:51am
Quoting dean1star
{quote} The FACTS speak for themselves ..
Yeah M8, I'm talking about today in particular because everytime Cable heads south it's due to Brexit, I'm just sayin today isn't that's all.

Tell you what, not that I agree with the guys Politics but Nigel Farage's resignation was a big shock, sort of strange in a way just when he consolidates the most amount of influence he quits leaving everyone scratching their heads...
Don't Leave Money on the Table
  • #434,024
  • Jul 5, 2016 4:16am Jul 5, 2016 4:16am
Quoting iamawaited
Euro has been threatening for an upspike for a week now could today be the day?? maybe. anyways cable is not showing any true directions now but one thing is certain. it shall get to 1.3704. might take some time but it should. oh also i think market is now awake. EDIT: I Think the Euro after burners have been activated. Lets see how far this goes. {image}
Dream on!
You put your bet on to go to 1.37 and I'll put mine on for <1.15 and we'll see who gets there first . . .
  • #434,025
  • Jul 5, 2016 4:18am Jul 5, 2016 4:18am
A retest would be a good sell to 1.3 I think
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 26 KB
Come with me if you want to live....
  • #434,026
  • Jul 5, 2016 4:26am Jul 5, 2016 4:26am
Yesterday in difficult trading conditions I made 51 pips, one trade for 21 pips and second one for 30 pips and I closed out at 13300 and two seconds later we had a short squeeze and it shot up another 40 pips.

I could have been pissed off that happened but happy to make them 50 pips and was late over here in OZ so usually not trading at that time anyway...
Don't Leave Money on the Table
  • #434,027
  • Jul 5, 2016 4:30am Jul 5, 2016 4:30am
Quoting Devonsent
{quote} Dream on! You put your bet on to go to 1.37 and I'll put mine on for <1.15 and we'll see who gets there first . . .
okay GL.
Trading Eternal...... Shiny & Chrome!!!!
  • #434,028
  • Jul 5, 2016 4:31am Jul 5, 2016 4:31am
Quoting iamawaited
{quote} okay GL.
So the bets on???? And what will be the prize!!!!

Problem is you two are in different countries so I guess it's gonna have to be a cash amount....
Don't Leave Money on the Table
  • #434,029
  • Jul 5, 2016 4:40am Jul 5, 2016 4:40am
Quoting HaLBot
{quote} So the bets on???? And what will be the prize!!!! Problem is you two are in different countries so I guess it's gonna have to be a cash amount....


Behave!
  • #434,030
  • Jul 5, 2016 5:06am Jul 5, 2016 5:06am
There is a lot going on GBP/USD today! In my opinion the most important zone of buyers/sellers was at 1.3243 - 1.3259 - a lot of price action is happening there. GBP/USD tried to hold this zone, but once it was broken, the sellers strengthen heavily. If we would go up, 1.3243 - 1.3259 may be nice levels to go short. But, I would be very cautious on GBP/USD, as BOE intervention may happen.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 12 KB

Attached File(s)
File Type: tpl gbpusd-M15_SR.tpl   3 KB | 257 downloads
Acta non verba
  • #434,031
  • Jul 5, 2016 5:24am Jul 5, 2016 5:24am
From 1.322, 2 hour = 1.3108. 2 hour bounce back 1.317
What's going on with the market!?

It's 1.319 now!
Odd numbers are odd.
  • #434,032
  • Jul 5, 2016 5:30am Jul 5, 2016 5:30am
Quoting rapidace
From 1.322, 2 hour = 1.3108. 2 hour bounce back 1.317 What's going on with the market!?
I would say Carneys speech had something to do with it...
Don't Leave Money on the Table
  • #434,033
  • Jul 5, 2016 6:01am Jul 5, 2016 6:01am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 75 KB
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #434,034
  • Edited 6:32am Jul 5, 2016 6:26am | Edited 6:32am
Quoting sgkrishn
{image}
Finally. Somebody gets it. Buy the damn wicks. That's where the money is at. And below the wicks, that's where the buyer's stops are. Hunt their stops. Buy their stop. Thanks mate.
Inserted Video
Demo only
  • #434,035
  • Jul 5, 2016 6:27am Jul 5, 2016 6:27am
Quoting bg_sunny
{quote} Finally. Somebody gets it. Buy the damn wicks. That's where the money is at. And below the wicks, that's where the buyer's stops are. Hunt their stops. Buy their stop. Thanks mate.
Next target (long term) 1.38.
Demo only
  • #434,036
  • Jul 5, 2016 7:13am Jul 5, 2016 7:13am
Quoting dean1star
{quote} Seems to be the norm around here these days GT, spam posts, crazy overposting, .. now when i was younger there used to be a time around here lol .. thing is its the same thing at other forums sign of the times.. now in 2010 well this place was rocking, posts sincere kind and helpfull none of this me me me stuff but they say its evolution - sadly .. and reminds me i got better things to do .. and its sad to say that
It's what we make it and in my opinion this forum would be a whole lot better if some of the traders who park here posted as well cause what can happen is you post then no one else does so then you post again and then the same thing no one else is posting.
This forum can be what it was before. just needs a lot more input from everyone and no petty bickering, you'll get a whole lot more outa someone by being positive...

Can you give me an example of a "Spam Post" ?
Don't Leave Money on the Table
  • #434,037
  • Jul 5, 2016 7:18am Jul 5, 2016 7:18am
Quoting dean1star
{quote} Seems to be the norm around here these days GT, spam posts, crazy overposting, .. now when i was younger there used to be a time around here lol .. thing is its the same thing at other forums sign of the times.. now in 2010 well this place was rocking, posts sincere kind and helpfull none of this me me me stuff but they say its evolution - sadly .. and reminds me i got better things to do .. and its sad to say that

yes agree with you bro
  • #434,038
  • Jul 5, 2016 7:31am Jul 5, 2016 7:31am
BoE welcoming their worst. They should act to slow down the fall of pound
You cannot learn better without losing
  • #434,039
  • Jul 5, 2016 7:43am Jul 5, 2016 7:43am
So seeing as Cable hasn't been down here for 30 years where do you put your TP if going short?.......LOL
Don't Leave Money on the Table
  • #434,040
  • Jul 5, 2016 7:51am Jul 5, 2016 7:51am
Quoting HaLBot
So seeing as Cable hasn't been down here for 30 years where do you put your TP if going short?.......LOL
1.19213
304 traders viewing now, 3 are registered:
Zk2017
,
coveszfx
,
blacksaint