Cable Update (GBPUSD) | Page 22405 | 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)

  • #448,081
  • Jan 26, 2017 5:29pm Jan 26, 2017 5:29pm
Quoting Mr Breakout
Bought GBP/JPY 144.30, 40 pip stop.
looks like UJ about to make a little break south
  • #448,082
  • Jan 26, 2017 5:30pm Jan 26, 2017 5:30pm
Quoting Don96
{quote} looks like UJ about to make a little break south
Let's see.
  • #448,083
  • Jan 26, 2017 5:33pm Jan 26, 2017 5:33pm
Quoting Mr Breakout
{quote} Let's see.
PS - that news event produced a massive 2.9 pip candle

if it breaks out it isn't because of this event
  • #448,084
  • Jan 26, 2017 5:34pm Jan 26, 2017 5:34pm
The problem with the Yen is that it almost never reacts immediately to a news report.
It moves up or down but only 15 min later or more.
Go figure why.
  • #448,085
  • Jan 26, 2017 5:36pm Jan 26, 2017 5:36pm
Quoting Mr Breakout
The problem with the Yen is that he almost never reacts immediately to a news report. He moves up or down but only 15 min later or more. Go figure why.
that is not the case

certainty not that i am aware anyway
  • #448,086
  • Jan 26, 2017 5:39pm Jan 26, 2017 5:39pm
Quoting Don96
{quote} that is not the case certainty not that i am aware anyway
Oh yes, study its reactions after a news report and you will notice the same thing.
Unless of course it is a Bank of Japan intervention or some other major events like a tsunami, earthquake or nuclear incident.
And in that case just get out of the way, fast!
  • #448,087
  • Jan 26, 2017 5:42pm Jan 26, 2017 5:42pm
Quoting Mr Breakout
{quote} Oh yes, study its reactions after a news report and you will notice the same thing. Unless of course it is a Bank of Japan intervention or some other major events like a tsunami, earthquake or nuclear incident. And in that case just get out of the way!
so you mean like all US news? (nfp etc)

also how can you determine that the move happening 15 mins later is due to the news event... it would produce a lot of inconsistency in results
  • #448,088
  • Jan 26, 2017 5:53pm Jan 26, 2017 5:53pm
Quoting Don96
{quote} so you mean like all US news? (nfp etc) also how can you determine that the move happening 15 mins later is due to the news event... it would produce a lot of inconsistency in results
No I am talking about Yen related financial reports, and to some extent Australian and Chinese news.
In almost all these cases, you see almost no immediate reaction on the USD/JPY.
But then, 15 or 30 minutes later, things start to change and the Yen finally makes its move.
Weird.
  • #448,089
  • Jan 26, 2017 6:06pm Jan 26, 2017 6:06pm
Quoting mr breakout
bought gbp/jpy 144.30, 40 pip stop.
this is cable thread. Please go to ...................
TAKE SOME PIPS GO RUN FOR PRAY
  • #448,090
  • Jan 26, 2017 7:03pm Jan 26, 2017 7:03pm
Hello
Placed gu short order 33 pip above this price
oddbj
All the best to all of you. But don't follow me. I am a learner.
  • #448,091
  • Jan 26, 2017 7:09pm Jan 26, 2017 7:09pm
Quoting Oddbjorg
Hello Placed gu short order 33 pip above this price oddbj
In other words you expect the cable to go down after the pullback.
  • #448,092
  • Jan 26, 2017 7:17pm Jan 26, 2017 7:17pm
Quoting Mr Breakout
{quote} In other words you expect the cable to go down after the pullback.
Yes. But I'm a learner. Should mention that in my first post. Don't do any trade or order because my expectation. Just adding to discussions, if it's ok to do so. Good luck.
All the best to all of you. But don't follow me. I am a learner.
  • #448,093
  • Jan 26, 2017 7:17pm Jan 26, 2017 7:17pm
Quoting Don96
{quote} that is not the case certainty not that i am aware anyway
See what I mean Don, NOW the Yen is moving (in my favor I might add), look at the chart.
For some reasons the Yen reacts slowly to news reports, I have no idea why.
  • #448,094
  • Jan 26, 2017 7:21pm Jan 26, 2017 7:21pm
Quoting Oddbjorg
{quote} Yes. But I'm a learner. Should mention that in my first post. Don't do because my expectation. Just adding to discussions, if it's ok to do so. Good luck.
No I totally agree with you, it is a smart move: the trend is down and waiting for a pullback before shorting is a good decision.

Good luck too and welcome to this thread.
  • #448,095
  • Edited 7:45pm Jan 26, 2017 7:30pm | Edited 7:45pm
Quoting osdidos
{quote} this is cable thread.
Yes I know, but we can also use the price action of the GBP/USD to trade its crosses, like GBP/JPY, no?

Another point: There are almost 500,000 posts on this thread, count how many of them are not cable-related, not even remotely.
And when you are done counting (it might take half a month so be patient), could you please contact all these off-topic posters and remind them that it is a cable thread?
Thank you.
  • #448,096
  • Jan 26, 2017 7:41pm Jan 26, 2017 7:41pm
Quoting Mr Breakout
Bought GBP/JPY 144.30, 40 pip stop.
Out at 144.60, +30 pips.
  • #448,097
  • Jan 26, 2017 7:44pm Jan 26, 2017 7:44pm
Now looking to short GBP/USD at 1.2625, target is 75 pips.
  • #448,098
  • Jan 26, 2017 7:45pm Jan 26, 2017 7:45pm
Quoting Mr Breakout
{quote} Out at 144.60, +30 pips.
So you got your money back... Well done that man
  • #448,099
  • Jan 26, 2017 7:51pm Jan 26, 2017 7:51pm
Quoting Nala66
{quote} So you got your money back... Well done that man
Thanks Nala66.

But I am still not done with this traitor, he still owes me the interest.

Any open position at the moment?
  • #448,100
  • Jan 26, 2017 7:56pm Jan 26, 2017 7:56pm
Quoting Mr Breakout
{quote} Thanks Nala66. But I am still not done with this traitor, he still owes me the interest. Any open position at the moment?
Yes I am still long on the GJ just moved my stop to lock in 40 pips, looking for another 40
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
359 traders viewing now, 1 is registered: