Cable Update (GBPUSD) | Page 22509 | 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)

  • #450,161
  • Feb 22, 2017 1:28pm Feb 22, 2017 1:28pm
Quoting carguychase
Gold is flat and USD appears to be strong. Everything else is going down today.
that's now what I see on my DXY H4. DB and going for the gap fill before flipping again.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
  • #450,162
  • Feb 22, 2017 2:37pm Feb 22, 2017 2:37pm
GU could get ugly in here, as noted prefer EG longs for now over GU exposure (this is H1 chart).
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 96 KB
  • #450,163
  • Feb 22, 2017 2:40pm Feb 22, 2017 2:40pm
EG-wise there is resistance @/around 8500 area so if you want to start a new long position it's best to do so @ 8510-8515.
  • #450,164
  • Feb 22, 2017 4:04pm Feb 22, 2017 4:04pm
It's holding could be the weeks top ???
  • #450,165
  • Feb 22, 2017 5:10pm Feb 22, 2017 5:10pm
I have 8529 marked in the EG, looks sexy....
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 55 KB
Look Sharp/Trade Tight
  • #450,166
  • Feb 22, 2017 5:13pm Feb 22, 2017 5:13pm
81 has been played like a fiddle, something I'm considering if we move up...

night all...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 56 KB
Look Sharp/Trade Tight
  • #450,167
  • Feb 22, 2017 6:23pm Feb 22, 2017 6:23pm
Quoting asgcorp
{quote} I agree with you got the same setup tagged. {image}
With any luck will work out
Come with me if you want to live....
  • #450,168
  • Feb 22, 2017 11:15pm Feb 22, 2017 11:15pm
inside week...lol
Look Sharp/Trade Tight
  • #450,169
  • Feb 22, 2017 11:30pm Feb 22, 2017 11:30pm
Quoting asgcorp
GU could get ugly in here, as noted prefer EG longs for now over GU exposure (this is H1 chart). {image}
Hope all have been doing well. Yea this is really starting to look uuuggly, I cant imagine this playing out,,,,,,,,,,but then I said the same thing about oil a few years back when it went from 150 or so a barrel back to what 20 or so,,,,,, similar setup,,,,,,, with smaller projections on the way down all pointing to what the 1st big one said........ Oil did hit what the big one projected,,,,,,,,,,, bottom chart is a monthly ,,,,,,,,,, this last one hasent broke yet but seems to be getting wound tighter than a banjo string , which ever way it goes it should be a nice move,,,,,,,, would be nice to get out of this 3 and half 4 month range its been in. cheers all
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 216 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBP 2.jpg Size: 231 KB
  • #450,170
  • Feb 22, 2017 11:34pm Feb 22, 2017 11:34pm
not much to do here today. got both 480 and 520 tagged as reversal for loading up shorts. see if we get there today, GU is weak no doubt about that.
  • #450,171
  • Feb 23, 2017 1:33am Feb 23, 2017 1:33am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 45 KB
Money moves the market, not an indicator.
  • #450,172
  • Feb 23, 2017 2:44am Feb 23, 2017 2:44am
false move up this... coming down to new low
  • #450,173
  • Feb 23, 2017 3:03am Feb 23, 2017 3:03am
And once again a rejection from the B level
Expecting another retest potentially break of B
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 48 KB
  • #450,174
  • Feb 23, 2017 3:05am Feb 23, 2017 3:05am
Quoting titi14
false move up this... coming down to new low
Not yet maybe after 1.248
  • #450,175
  • Feb 23, 2017 3:35am Feb 23, 2017 3:35am
Quoting Noors
{quote} Not yet maybe after 1.248
if we reach 2480 it will go above to 2503 only above 2503 will open move for further... so wait.. my guess is down to todays low
  • #450,176
  • Feb 23, 2017 3:35am Feb 23, 2017 3:35am
At this time one can keep pinching pips up and Dow but soon it will make a bigger move out . If you look at 4 hour doji tops and bottom in this range and emas going into a consolidation tight band which tell soon it's going and when it does follow with thighs longer or over the ema consolidation
  • #450,177
  • Feb 23, 2017 3:50am Feb 23, 2017 3:50am
Quoting Noors
And once again a rejection from the B level Expecting another retest potentially break of B {image}
Collected some pips from here... expectation for retest SUCCESS!
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 48 KB
  • #450,178
  • Feb 23, 2017 3:56am Feb 23, 2017 3:56am
awwww see the quick pull back after reaching 1.248 key level boys key level... anywho I'm out for now peace

Might try a small short if closes below
Edit: actually don't like the sound of that... aborted
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 46 KB
  • #450,179
  • Feb 23, 2017 7:26am Feb 23, 2017 7:26am
painful and slow? yes. but 2540 up next.
  • #450,180
  • Feb 23, 2017 7:44am Feb 23, 2017 7:44am
consolidation nightmare set up
what to make of it
you may notice w1 is positive and open held up pretty much ,break of previous sets tone
On-site guru & also FF member's' psychiatrist, when not drinking tea
756 traders viewing now