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Cable Update (GBPUSD)

  • #161
  • Nov 23, 2006 11:20pm Nov 23, 2006 11:20pm
Quoting Piters
It is about a time!

Hopefully we are sitting on TOP!
i agree.
If I Go Broke Trying Then I Will die happy.
  • #162
  • Nov 23, 2006 11:28pm Nov 23, 2006 11:28pm
there should be something comming hopefully before 3:00am
If I Go Broke Trying Then I Will die happy.
  • #163
  • Nov 23, 2006 11:53pm Nov 23, 2006 11:53pm
ive just sold gbp/usd, eur/usd, and brought usd/chf.
If I Go Broke Trying Then I Will die happy.
  • #164
  • Nov 24, 2006 12:02am Nov 24, 2006 12:02am
be careful with this one. i sold at 1.9180 sl 1.9205
If I Go Broke Trying Then I Will die happy.
  • #165
  • Nov 24, 2006 12:03am Nov 24, 2006 12:03am
ok boys a new high for the year
becareful the ones who are short.

if price can remain above this level target would be 1.93
Johann Channels and cycles are everything
  • #166
  • Nov 24, 2006 12:05am Nov 24, 2006 12:05am
also went short on gbp/$ (185) & euro/$ (971)

Let's hope we can pick up a few pips!
  • #167
  • Nov 24, 2006 12:07am Nov 24, 2006 12:07am
Quoting aswilled
The Pound is trading between 9170 to 9149 right now. Place stops at 72 & 47. Place trendline under support and resistance in order to catch trend reversals.
I made a prediction earlier about the pound climbing to 92. It just set a high of 9198. This aint the end!
A. Finesse Williams Making Millions One Pip At A Time!
  • #168
  • Nov 24, 2006 12:12am Nov 24, 2006 12:12am
No,I think the cable move to phsicologyst resistance 1.9200 but that price can break if the cable move to 1.9190. the price can down but not significant just only 1.9145

Quoting Qu|cksilver
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
  • #169
  • Nov 24, 2006 12:14am Nov 24, 2006 12:14am
Quoting aswilled
I made a prediction earlier about the pound climbing to 92. It just set a high of 9198. This aint the end!
My earlier prediction was 95. This is expected by next year. The 92 was discussed with wifey for dat trades. I enjoy commenting on this forum and receiving imput from you gurus on my recommendations.
A. Finesse Williams Making Millions One Pip At A Time!
  • #170
  • Nov 24, 2006 12:25am Nov 24, 2006 12:25am
This jump is just not right! Very difficult to believe what the analysts are saying about british companies having to repatriate profits in cable. Why would they do it now when liquidity is low due to holidays and price is soo rediculously high... I smell a hedge fund screwing with the market and taking advantage of the implied low volatility predicted for this week. Call me a conspiracy theorist.

I predict USD domination next week, wait till the real traders hit the market on monday.
trigger happy trader
  • #171
  • Nov 24, 2006 12:28am Nov 24, 2006 12:28am
the pound is holding strong boys. im out, hope you made enough pips this week to substain this loss. goodnight/goodmouring.
If I Go Broke Trying Then I Will die happy.
  • #172
  • Nov 24, 2006 12:31am Nov 24, 2006 12:31am
The credit is given to Model accounts so far as the primary buyers; and why not? Liquidity is so low that the reaction is strong, and gains momentum as more specs jump on.

Just be careful about picking tops....a lot of people lost out huge in April doubting the strength of the move. As did they in 2004 as well.

They're also saying an options barrier at 1.92ish got flushed out.
Capital Preservation is key to long term wealth accumulation
  • #173
  • Nov 24, 2006 12:33am Nov 24, 2006 12:33am
Quoting aswilled
My earlier prediction was 95. This is expected by next year. The 92 was discussed with wifey for dat trades. I enjoy commenting on this forum and receiving imput from you gurus on my recommendations.
3:33 am: I got in at 9176 when the candle signal. I've been riding this wave since the bottom. Praise God! I will have a good christmas.
A. Finesse Williams Making Millions One Pip At A Time!
  • #174
  • Nov 24, 2006 12:33am Nov 24, 2006 12:33am
got out with +7 & +4

Thank God I bailed!
  • #175
  • Nov 24, 2006 12:35am Nov 24, 2006 12:35am
Is it Possible, EUR, and GBP went to the sky?

Happy Thanksgiving...
  • #176
  • Nov 24, 2006 12:36am Nov 24, 2006 12:36am
any ideasa what promted these move?

No news that I know of
  • #177
  • Nov 24, 2006 12:37am Nov 24, 2006 12:37am
seems like nobody read what i posted yesterday:

here.

and here

why a lot of people wants to go against the trend?
Johann Channels and cycles are everything
  • #178
  • Nov 24, 2006 12:41am Nov 24, 2006 12:41am
Good posts, Traga. I especially like the first.
Capital Preservation is key to long term wealth accumulation
  • #179
  • Nov 24, 2006 12:41am Nov 24, 2006 12:41am
Quoting Piters
Is it Possible, EUR, and GBP went to the sky?

Happy Thanksgiving...

Its as if traders are assuming the US is in complete caios and the country has broken down into lawlessness!!! I mean it is still the biggest economy in the world. When will common sense prevail?!
trigger happy trader
  • #180
  • Nov 24, 2006 12:46am Nov 24, 2006 12:46am
I was gonna wait in line outside bestbuy to grab some goodies, but i came home. glad i did, i just snagged more than 150 pips.

my first post, and im so happy.
i thank you guys!
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