Cable Update (GBPUSD) | Page 22187 | 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)

  • #443,721
  • Oct 14, 2016 3:44am Oct 14, 2016 3:44am
The bad news for the GBP is being launched. I was waiting for confirmation signals on H4. Can see the news always comes in critical times and then go in the opposite direction.
  • #443,722
  • Oct 14, 2016 3:49am Oct 14, 2016 3:49am
Quoting jurek
{quote} No. Please explain in english.
Quoting hilmy83
{quote} nope, don't understand it. what do you say about 2220? {image}
The move down started by and continue to use exact references. Exact references are used by weak hands. Consequently the move down has been built by weak hands. It was very risky to stay with them and in fact all the weak references above have been eventually taken out. I hope it is now clear. Have a look to my thread to know more about this sort of things if you like. Have a nice continuation. Best L.

Lock's Cable Corner
Ubi maior minor cessat
  • #443,723
  • Oct 14, 2016 3:49am Oct 14, 2016 3:49am
Quoting Url
The bad news for the GBP is being launched. I was waiting for confirmation signals on H4. Can see the news always comes in critical times and then go in the opposite direction.
What do you mean by "opposite direction"?
  • #443,724
  • Oct 14, 2016 3:50am Oct 14, 2016 3:50am
60 min chart , triangle trend continuation pattern.
Follow The Markets Structure - Patience and Discipline
  • #443,725
  • Oct 14, 2016 3:53am Oct 14, 2016 3:53am
Quoting Fadhl
{quote} What do you mean by "opposite direction"?
I mean bear trap.
  • #443,726
  • Oct 14, 2016 4:01am Oct 14, 2016 4:01am
Time for ........ anyone know
  • #443,727
  • Oct 14, 2016 4:06am Oct 14, 2016 4:06am
Quoting Url
Time for ........ anyone know
If you believe we are on a Bear Trap, time to buy however I still thinking we going south . Still some supports to be tested . Quiet risky day, many news and speaks from both sides.
  • #443,728
  • Oct 14, 2016 4:15am Oct 14, 2016 4:15am
Quoting Url
Time for ........ anyone know
2220 hit, it's time to ..............sleep. good night!

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 15 KB
  • #443,729
  • Oct 14, 2016 4:26am Oct 14, 2016 4:26am
GU is bearish on a bigger picture but taking trades now is just a guessing game, tossing a coin.

Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 57 KB
Please add more indicators, I still see the real price! Thanks!
  • #443,730
  • Oct 14, 2016 4:28am Oct 14, 2016 4:28am
Its only scalps for now

No direction

Lets wait for a break somewhere
Make money by doing the opposite of Giveachance aka loser
  • #443,731
  • Oct 14, 2016 4:35am Oct 14, 2016 4:35am
Quoting Scoobidoobi
{quote} Ramadas, I hope you are out of long trade. shorting the rallies as I advised is better than looking for long in this currency GBP at the moment. cheers
I agree, against the trend only 20-30 pips. I was too optimistic for 1.23.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,732
  • Oct 14, 2016 4:37am Oct 14, 2016 4:37am
So the weekly pivots... they are mystery, sometimes they work to the pip and sometimes not, because sometimes fat cat put their order from the pivot and sometimes not. On cable without recent S/R they are using pivots.

Attached Image (click to enlarge)
Click to Enlarge Name: mD1xjJ1.jpg Size: 330 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,733
  • Oct 14, 2016 4:37am Oct 14, 2016 4:37am
What just happening?
Suddenly hit my SL.
Strong rejection @1.2230?
Don't trust me. I'm still newbie
  • #443,734
  • Oct 14, 2016 4:41am Oct 14, 2016 4:41am
Quoting niubee
What just happening? Suddenly hit my SL. Strong rejection @1.2230?
Easy, some fat cat had a sell limit order there.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,735
  • Oct 14, 2016 4:42am Oct 14, 2016 4:42am
Every time Carney speaks GBP moves steep but later comes back to it's way...I expect it to fall under 1.22 soon
  • #443,736
  • Oct 14, 2016 4:44am Oct 14, 2016 4:44am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 49 KB
  • #443,737
  • Oct 14, 2016 4:45am Oct 14, 2016 4:45am
Forget about correlations and USDX strength or weakness:

USD JPY up and GBP USD up

Attached Image (click to enlarge)
Click to Enlarge Name: m5bTaQL.jpg Size: 211 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,738
  • Oct 14, 2016 4:48am Oct 14, 2016 4:48am
Quoting Ramadas
Forget about correlations and USDX strength or weaknesses: USD JPY up and GBP USD up {image}
USD don't move in this time. Just JPY and GBP move.
  • #443,739
  • Oct 14, 2016 5:08am Oct 14, 2016 5:08am
What a fight.... at 1.222
I bet on bears

Attached Image (click to enlarge)
Click to Enlarge Name: Ogrp7Pw.jpg Size: 112 KB



but this from Carney can mean they will not cut more

Attached Image (click to enlarge)
Click to Enlarge Name: aqiGSGX.jpg Size: 30 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,740
  • Oct 14, 2016 5:12am Oct 14, 2016 5:12am
Quoting Ramadas
What a fight.... at 1.222 I bet on bears {image} but this from Carney can mean they will not cut more {image}
I don't think so. Look H4 and H1 and my chart. Opportunity to run pattern
354 traders viewing now