Cable Update (GBPUSD) | Page 22587 | 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)

  • #451,721
  • Apr 5, 2017 12:10pm Apr 5, 2017 12:10pm
Tried to make a new high of the day during US session, but failed. I'm guessing more downside for cable.

1.2474 is pivot point...we moved up from S1 of 1.2466 pretty strongly...so that shows perhaps the bulls aren't dead yet either.

Interesting to see how it pans out overnight.
  • #451,722
  • Apr 5, 2017 12:11pm Apr 5, 2017 12:11pm
Quoting elbert3
{quote} Hedging this still back to 2440
all up to the fed minutes now man ,,,,, news levels being respected but having difficulty sustaining any highs ,,was a couple good scalps from the news levels ,,,,
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 205 KB
  • #451,723
  • Apr 5, 2017 12:13pm Apr 5, 2017 12:13pm
only a few 15 min closes above 2480 could be telling for whats coming
  • #451,724
  • Apr 5, 2017 12:23pm Apr 5, 2017 12:23pm
Quoting NMZee
{quote} Mr E, Digs Nala and all rest, i hope you wont mind a little yen talk here or is it not considered proper decorem for this thread.
Hi gbj I don't trade it but it looks like on the day 137.700 looks like to could go back to test that but it's following gu . I Have that at 2540 target and 2442 target but it's heads or tails at this time gu normal jumps up like this morning but liked to take them back so mmmmm let's say the lows first . But play your own trade
  • #451,725
  • Apr 5, 2017 12:25pm Apr 5, 2017 12:25pm
Quoting digger1
{quote} all up to the fed minutes now man ,,,,, news levels being respected but having difficulty sustaining any highs ,,was a couple good scalps from the news levels ,,,, {image}
Have a look at gbj on the monthly ??? Tell me what you see please B
  • #451,726
  • Apr 5, 2017 12:26pm Apr 5, 2017 12:26pm
Quoting NMZee
{quote} Mr E, Digs Nala and all rest, i hope you wont mind a little yen talk here or is it not considered proper decorem for this thread.
Have you checked gbj monthly ?
  • #451,727
  • Apr 5, 2017 12:31pm Apr 5, 2017 12:31pm
Quoting ThreeHalf
Tried to make a new high of the day during US session, but failed. I'm guessing more downside for cable. 1.2474 is pivot point...we moved up from S1 of 1.2466 pretty strongly...so that shows perhaps the bulls aren't dead yet either. Interesting to see how it pans out overnight.
Keep wanting to revisit S1 but yet bouncing off strongly..I'm guessing a slow drift downwards to end the session.

Cheers.
  • #451,728
  • Apr 5, 2017 12:44pm Apr 5, 2017 12:44pm
Quoting elbert3
{quote} Have you checked gbj monthly ?
yep ,wedge or bullish flag with a 138 ish being a touch of the monthly trend line
  • #451,729
  • Apr 5, 2017 12:57pm Apr 5, 2017 12:57pm
day pattern shaping up ,,,,, wedge type flaggish ,,,,,,,,daily has a wedge developing ,,,,,,,projection for much higher on the daily ,,,,,,,,resistance areas pointed out ,,,,,,,its got all quarter just wether the feds discussed or how they discussed stuff and how the mkt interprets it but the signs are there as too the gbp being bullish,
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 273 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBP projection.jpg Size: 259 KB
  • #451,730
  • Apr 5, 2017 1:27pm Apr 5, 2017 1:27pm
Quoting elbert3
{quote} Have you checked gbj monthly ?
Yes i have but i cant make use of it, its too large a time frame for me. However i am a seller at 139.60
  • #451,731
  • Apr 5, 2017 1:29pm Apr 5, 2017 1:29pm
[quote=digger1;9739463]day pattern shaping up ,,,,, wedge type flaggish ,,,,,,,,daily has a wedge developing ,,,,,,,projection for much higher on the daily
So in small words, lets buy.?
  • #451,732
  • Apr 5, 2017 2:00pm Apr 5, 2017 2:00pm
[quote=NMZee;9739617]
Quoting digger1
day pattern shaping up ,,,,, wedge type flaggish ,,,,,,,,daily has a wedge developing ,,,,,,,projection for much higher on the daily So in small words, lets buy.?
I did ,,,,,,,, see if we can take out the high
  • #451,733
  • Apr 5, 2017 2:01pm Apr 5, 2017 2:01pm
Quoting NMZee
{quote} So a nice short from 2491. Is it going down now. A deep decline into 236x area. Time will tell.
Worked well too bad i took 10 pips instead of 40. Usdyen +40
  • #451,734
  • Apr 5, 2017 2:02pm Apr 5, 2017 2:02pm
Quoting ThreeHalf
{quote} Keep wanting to revisit S1 but yet bouncing off strongly..I'm guessing a slow drift downwards to end the session. Cheers.
Hope so just sold at 2480 same target 2442 long target 2540 regards E
  • #451,735
  • Apr 5, 2017 2:13pm Apr 5, 2017 2:13pm
Quoting elbert3
{quote} Hope so just sold at 2480 same target 2442 long target 2540 regards E
I trust a double top not a triple one ,,,,one little poke above yesterdays high or that double top left ,,,,,,it will be to the projections ,, news candle same levels as earlier trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 233 KB
  • #451,736
  • Apr 5, 2017 2:15pm Apr 5, 2017 2:15pm
Little orange box is the breakout tgt of 2481
  • #451,737
  • Apr 5, 2017 2:30pm Apr 5, 2017 2:30pm
Quoting digger1
{quote} I trust a double top not a triple one ,,,,one little poke above yesterdays high or that double top left ,,,,,,it will be to the projections ,, news candle same levels as earlier trade safe {image}
I think that tells us it can break ?? Not sure thou Dig
  • #451,738
  • Apr 5, 2017 2:32pm Apr 5, 2017 2:32pm
Quoting digger1
{quote} I trust a double top not a triple one ,,,,one little poke above yesterdays high or that double top left ,,,,,,it will be to the projections ,, news candle same levels as earlier trade safe {image}
Strange this mornings move was on the move up from my entry point hours before the news was out ???!!!
  • #451,739
  • Apr 5, 2017 2:36pm Apr 5, 2017 2:36pm
Quoting NMZee
{quote} Worked well too bad i took 10 pips instead of 40. Usdyen +40
Euro traders should think about shorting from 0680. Cable guys, sit tight kind of expansive tickets for long now. I am eyeing for a short.....2521 or 2502......!!!!!!
  • #451,740
  • Apr 5, 2017 2:38pm Apr 5, 2017 2:38pm
Quoting elbert3
{quote} I think that tells us it can break ?? Not sure thou Dig
still have to acct for the news levels but do believe its about to pop
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 149 KB
717 traders viewing now, 4 are registered:
,
smtchris71
,
,
CrazyTrades