Cable Update (GBPUSD) | Page 22156 | 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)

  • #443,101
  • Oct 7, 2016 5:04am Oct 7, 2016 5:04am
Quoting Zakhar13
Price moves to the point of 1.23023. And currently it has no plans to move up. However, I expect that the price will move up to the point of 1.25242. And return to the channel. {image}
It is going down heavily again. Retest could be very soon.
  • #443,102
  • Oct 7, 2016 5:04am Oct 7, 2016 5:04am
some more please. Trade 1 +90 pips
Attached Image (click to enlarge)
Click to Enlarge Name: somemore.png Size: 23 KB
I'm high on trading, cant you tell?
  • #443,103
  • Oct 7, 2016 5:05am Oct 7, 2016 5:05am
pound is completely smashed, -130 pip in 1 hour and continues. I'm wondering if it isn't for some BBs to get that cheap price on it. They don't even wait for NFP how eager they are.
  • #443,104
  • Oct 7, 2016 5:05am Oct 7, 2016 5:05am
Retest coming but its not going to happen today.
"Where you want to be is always in control, never wishing, always trading.
  • #443,105
  • Oct 7, 2016 5:08am Oct 7, 2016 5:08am
Is this considered a black swan? Doesn't black swan usually retraces back to Doji? 3 months of profit down the drain.
  • #443,106
  • Oct 7, 2016 5:12am Oct 7, 2016 5:12am
Quoting Tradingdude
{quote} well my friend there is nothing to be done but accept the fact that this market is volatile and each move could be your last. If u grieve on your losses , you are not a realist good luck on your trading. btw did you short the cable ??
I was short because there are many factors in the favour of a short:
1. 'Tis October.
2. Brexit revisited with Theresa May speech.
3. Lots of people were long.
4. Technically following yesterday as Brent and wti climbed in trend continuation so I believed today GBP will follow shortwise.
  • #443,107
  • Oct 7, 2016 5:16am Oct 7, 2016 5:16am
Quoting webizone
{quote} I was short because there are many factors in the favour of a short: 1. 'Tis October. 2. Brexit revisited with Theresa May speech. 3. Lots of people were long. 4. Technically following yesterday as Brent and wti climbed in trend continuation so I believed today GBP will follow shortwise.
what are your expectations for the cable. the movement is huge.
do you think its bearish by a couple hundred pips today ?
  • #443,108
  • Oct 7, 2016 5:19am Oct 7, 2016 5:19am
Quoting Sammih
some more please. Trade 1 +90 pips {image}
u closed your trades ? u got very nice pips mate. better not trading today
  • #443,109
  • Oct 7, 2016 5:20am Oct 7, 2016 5:20am
Quoting 2012mysterio
{quote} Big balls indeed..something i learned about a few years now.. takes time to develop but yes! good points! Its easy to shat oneself in these instances, but time again, can be recovered..and profit from..
Balls have Paid of if it hits 2150 I have a buy there and hope USA news is crap and we fill a gap up top
  • #443,110
  • Oct 7, 2016 5:22am Oct 7, 2016 5:22am
Quoting elbert3
{quote} Balls have Paid of if it hits 2150 I have a buy there and hope USA news is crap and we fill a gap up top
Might be worth another shot took a nice load off there 2150 is the flip for me
  • #443,111
  • Oct 7, 2016 5:22am Oct 7, 2016 5:22am
Quoting Tradingdude
{quote} what are your expectations for the cable. the movement is huge. do you think its bearish by a couple hundred pips today ?
Well it is bearish today alright but, I don't like starting INSIDE a day. It becomes a gamble. My reference point is always the market open at the beginning of the day. It shouldn't go higher above that point. But if I think it will become bullish (especially while watching price moves around the American session) I will close with money in the bag.
  • #443,112
  • Oct 7, 2016 5:27am Oct 7, 2016 5:27am
Frankly, after last night I don't even want to touch any GBP pair with a ten-foot pole.
Does anyone know why it happened, actually?
  • #443,113
  • Oct 7, 2016 5:30am Oct 7, 2016 5:30am
Quoting pointlessfor
{quote} u closed your trades ? u got very nice pips mate. better not trading today
not yet, might hold on to a few minutes before NFP, see how much i can get out of it
I'm high on trading, cant you tell?
  • #443,114
  • Oct 7, 2016 5:31am Oct 7, 2016 5:31am
Quoting elbert3
{quote} Balls have Paid of if it hits 2150 I have a buy there and hope USA news is crap and we fill a gap up top
Which gap do You mean?
  • #443,115
  • Oct 7, 2016 5:32am Oct 7, 2016 5:32am
Quoting mlawson71
Frankly, after last night I don't even want to touch any GBP pair with a ten-foot pole. Does anyone know why it happened, actually?
Pound pairs are the easiest tools among all in any market .
You just need to get the trend right and stay disciplined .
Whatever happened last night has happened last year to swissy .......yen several times ......
...and it will happen again in teh future
  • #443,116
  • Oct 7, 2016 5:39am Oct 7, 2016 5:39am
Quoting webizone
{quote} I was short because there are many factors in the favour of a short: 1. 'Tis October. 2. Brexit revisited with Theresa May speech. 3. Lots of people were long. 4. Technically following yesterday as Brent and wti climbed in trend continuation so I believed today GBP will follow shortwise.

From hindsight?

KP
Do your homework, follow the footprints of smart money
  • #443,117
  • Oct 7, 2016 5:42am Oct 7, 2016 5:42am
It should go down on NFP. What do you all say?
  • #443,118
  • Oct 7, 2016 5:43am Oct 7, 2016 5:43am
Quoting KeenPips
{quote} From hindsight? KP
I know it's easy to doubt. But u need to go through the process I have gone. I was crushed for years without end. It was a mini hell. BTW, do u know that sports betting is a financial market these days?
  • #443,119
  • Oct 7, 2016 5:51am Oct 7, 2016 5:51am
Quoting jurek
{quote} Which gap do You mean?
Last Sunday's one the Britx would be fab but not today just in case somebody quotes that
  • #443,120
  • Oct 7, 2016 5:52am Oct 7, 2016 5:52am
Quoting Spec_And
Retest coming but its not going to happen today.
Ho ho ho, trap sprung for the johnny come lately bears.
"Where you want to be is always in control, never wishing, always trading.
191 traders viewing now, 1 is registered: