Cable Update (GBPUSD) | Page 22204 | 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)

  • #444,061
  • Oct 18, 2016 10:31am Oct 18, 2016 10:31am
Quoting thewindow
{quote} Happy days. Asia provided lift off, New York open should be interesting and may provide further volume and mid term shorts begin to capitulate. Waiting to see if this resistance turns into a strong support. Still holding Longs and keeping it simple. Nice to see some of those longer term posters coming back with their views and analysis Chart posted last night showing potential break out senario {image} Potential breakout, but remains to be seen if this is a full reversal yet. {image} Just keeping it simple. {image}
I agree with your triangle drawing.
If it break and close above 1.2330 then maybe it will be bullish, but don't know for how long
Don't trust me. I'm still newbie
  • #444,062
  • Oct 18, 2016 10:38am Oct 18, 2016 10:38am
Quoting niubee
{quote} I agree with your triangle drawing. If it break and close above 1.2330 then maybe it will be bullish, but don't know for how long
Yes, this initial bull run could end abruptly at any point.
Here's my crystal ball analysis chart below. I'm going to ride my longs to the grey box. I'll be watching that zone for a breakout to the upside or resumption of the downtrend.
Attached Image (click to enlarge)
Click to Enlarge Name: keep it simple 6.png Size: 33 KB
Ever stop to think, and forget to start again?
  • #444,063
  • Oct 18, 2016 10:38am Oct 18, 2016 10:38am
Quoting kk300
2330 target.. {image}
closed long..
  • #444,064
  • Oct 18, 2016 11:04am Oct 18, 2016 11:04am
Quoting kk300
{quote} closed long..
earned almost all of the candle...
  • #444,065
  • Oct 18, 2016 11:16am Oct 18, 2016 11:16am
Quoting thewindow
{quote} Here's an idea of what to do with your three word posts with no substance of 'Long here. Short here'. {image}
Lol
  • #444,066
  • Oct 18, 2016 11:34am Oct 18, 2016 11:34am
Quoting thewindow
{quote} Here's an idea of what to do with your three word posts with no substance of 'Long here. Short here'. {image}
if you actually pay attention, his username is pointlessfor

so i guess he lives up to that.

by the way, i'm long here too..bout to close all later...i'm pro
  • #444,067
  • Oct 18, 2016 11:39am Oct 18, 2016 11:39am
Cable is to risky to trade now, long term is short, now is ranging between 1.2150-1.2350, since that 800 pips drop is so risky to be long here. this is in a fundamental mode news.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #444,068
  • Oct 18, 2016 11:44am Oct 18, 2016 11:44am
Thinking some of this might be of some help around here ..

www.youtube.com/watch?v=Bf5TgVRGND4
  • #444,069
  • Oct 18, 2016 11:45am Oct 18, 2016 11:45am
Quoting thewindow
{quote} Here's an idea of what to do with your three word posts with no substance of 'Long here. Short here'. {image}
Image TOO FUNNY, I think I'll have to put that on FB
big money makes big moves and then hides during small money chasing.
  • #444,070
  • Oct 18, 2016 11:46am Oct 18, 2016 11:46am
I see a little divergence on MACD in 5m and 15m which may cause a short downturn soon
  • #444,071
  • Oct 18, 2016 11:57am Oct 18, 2016 11:57am
Quoting Peruvian80
Cable is to risky to trade now, long term is short, now is ranging between 1.2150-1.2350, since that 800 pips drop is so risky to be long here. this is in a fundamental mode news.
Cant argue more. Playing long is playing with fire atm. My idea would be small shorts, grab 5-10 pips and wait for next movement.
  • #444,072
  • Edited 12:35pm Oct 18, 2016 12:08pm | Edited 12:35pm
I'm still pissed about the data change ,seems no one really knows the low number which requires some head scratching
im warmed to see the wick has held up the fall as it should technically if you look to the past ,
inflation is present which wont help BOE to move freely on interest rates
I guess that makes earnings a more important number than normal

I wouldn't hold Euro come Thursday


Quoting Bones
data change makes the thing look more plausible I ask my broker what is the low ,why the change but also it changes my perspective that we seen the low this Q monthly open is a major bullish issue {quote} {image} {image}
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 d1 USD (DFB).png Size: 30 KB
Click to Enlarge Name: 1 h4 USD (DFB).png Size: 25 KB
Click to Enlarge Name: eur lfx 18 Oct 2016 06-13-12.png Size: 37 KB
Click to Enlarge Name: EURLFXMonthly.png Size: 25 KB
Click to Enlarge Name: USD w1 (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #444,073
  • Oct 18, 2016 12:17pm Oct 18, 2016 12:17pm
Quoting MohammadEC
I see a little divergence on MACD in 5m and 15m which may cause a short downturn soon
Hi, M8! Imho, divergence on lower tfs does not weigh much. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #444,074
  • Oct 18, 2016 12:19pm Oct 18, 2016 12:19pm
GU has broken weekly pivot and whooa,that is heralding a flock of bulls are gathering momentum.oh well,lets see how midweek data shall turn.however,bulls dont be too optimistic,this is brexit season,jus like winter,the bears are more happi,pals u might need some bear furs in this brexit weather.
  • #444,075
  • Oct 18, 2016 12:23pm Oct 18, 2016 12:23pm
Quoting KeenPips
{quote} Hi, M8! Imho, divergence on lower tfs does not weigh much. Trade safe. KP
thx for ur reply dude
  • #444,076
  • Oct 18, 2016 12:33pm Oct 18, 2016 12:33pm
nice H1 trend, but it's @ 200ma and some resistance from 10/11 and an average number of waves up I wouldn't be surpised to see an increase in volatility as the expectation for long and short here battle for breakout vs continuation of the week long range
big money makes big moves and then hides during small money chasing.
  • #444,077
  • Oct 18, 2016 4:15pm Oct 18, 2016 4:15pm
Quoting elbert3
Well 2240 was scalp going to swap back long 2180 target 2300
You see above just keep it simple that was a second trade . 2675 ????!
  • #444,078
  • Oct 18, 2016 4:20pm Oct 18, 2016 4:20pm
Pls does anyone here knows when the UK Parliament will vote for the brexit tingy?
  • #444,079
  • Oct 18, 2016 4:41pm Oct 18, 2016 4:41pm
Quoting yuddy
Pls does anyone here knows when the UK Parliament will vote for the brexit tingy?
tingy will be done when they decide to do tingy..
It's in fear when people show what they truly value.
  • #444,080
  • Oct 18, 2016 5:21pm Oct 18, 2016 5:21pm
Quoting ensale
{quote} tingy will be done when they decide to do tingy..
Something useful on the qstn, will be appreciated pal.
1,082 traders viewing now