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Cable Update (GBPUSD)

  • #18,881
  • Jul 16, 2007 4:13am Jul 16, 2007 4:13am
Quoting SeekingLight
Hi dd33,

...

Hope this helped a bit

Take care,

SeekingLight

Thanx SeekingLight.. yeah i've gone to james16 public thread before.. lots of knowledge there.. still practicing atm..
  • #18,882
  • Jul 16, 2007 4:16am Jul 16, 2007 4:16am
Quoting ndvt241
===========

Can I ask you how did you find out about this resistance?!
Cable is acheiving a new records and no new resistance is known yet.
I see some FF traders keep buying at this high record price!!. Wondering if the big Banks will keep buying too. Myself, I don't think so because, nothing left for going long

I am selling at 0380 TP 0325
Good luck to everyone
just scroll your chart to the 1980s... cable once reached 2.4+++ area
  • #18,883
  • Jul 16, 2007 4:19am Jul 16, 2007 4:19am
Quoting soros_junior
just scroll your chart to the 1980s... cable once reached 2.4+++ area
Yep.

Or one could look at 1.9365, 1.8365, 1.7365, 1.6365......
Trust price. Know yourself.
  • #18,884
  • Jul 16, 2007 4:26am Jul 16, 2007 4:26am
but it doesnt wont to go down, i wonder how many shorts aint in penties any longer, they must start either
a.) refuelling account
b.) asking brokers to not close the trades manually
c.) going long & get rid of shorts
d.) (I told u so)
vote....
thats mean cesar.
its just money
  • #18,885
  • Jul 16, 2007 4:28am Jul 16, 2007 4:28am
Quoting henrycarol
G/U is goin up my dear friends......



Anyway don't belittle this SOROS.....who knows.....he might has the SOROS surname

Soros Jr to be candidate for Forex God??? I thought Forex God is still Bravado?? Btw.. where is Bravado.. havent seen him for quite a long time..
  • #18,886
  • Jul 16, 2007 4:31am Jul 16, 2007 4:31am
Quoting SeekingLight
Wave 6??????

Someone is getting creative

(there is no count higher than 5 in EW)
I never said this is EW. This isssss WW baby . W as in wolf wolf wolf.

Also just in time ..@8:30 am est, after the news, it will come back or keep going up...if it does not come back and follow WW rule, then we are talking about up up up going going gone
Pipology 101 student
  • #18,887
  • Jul 16, 2007 4:34am Jul 16, 2007 4:34am
Quoting soros_junior
just scroll your chart to the 1980s... cable once reached 2.4+++ area
Funny, when you go back 30 years, if that happen it will be by chance...
The news this week is not favoring the Cable and is already overpriced. I think, we are aroud the high point for today
and that why I am seeling
  • #18,888
  • Jul 16, 2007 4:38am Jul 16, 2007 4:38am
Quoting ndvt241
Funny, when you go back 30 years, if that happen it will be by chance...
The news this week is not favoring the Cable and is already overpriced. I think, we are aroud the high point for today
and that why I am seeling
You are selling cable hoping for it to come down.

No indicators are telling me it will go down. Better to really confrim it will come down and start selling.

Just make sure you have a SL. Good luck.
  • #18,889
  • Jul 16, 2007 4:38am Jul 16, 2007 4:38am
It's such an old word - like 'groovy' or 'hip'

yet it's only a week old and as rare as a burka at a pig race
  • #18,890
  • Jul 16, 2007 4:39am Jul 16, 2007 4:39am
Quoting de123
but it doesnt wont to go down, i wonder how many shorts aint in penties any longer, they must start either
a.) refuelling account
b.) asking brokers to not close the trades manually
c.) going long & get rid of shorts
d.) (I told u so)
vote....
thats mean cesar.
I stopped the short and reversed to long at 0373. Now SL at 0360. Going cautious on this one, 'til at least 0420 if such. Euro and swiss still having hard time at 3800, 1.2. Didn't put new highs against the dollar, yet.
  • #18,891
  • Jul 16, 2007 4:42am Jul 16, 2007 4:42am
Quoting henrycarol
You are selling cable hoping for it to come down.

No indicators are telling me it will go down. Better to really confrim it will come down and start selling.

Just make sure you have a SL. Good luck.
I think it will, let's see
  • #18,892
  • Jul 16, 2007 4:48am Jul 16, 2007 4:48am
looks like cable is gonna take 0400 like it was made of silk
  • #18,893
  • Jul 16, 2007 4:49am Jul 16, 2007 4:49am
dont close it SO soon, if the Boe minutes is again 5 vs 4 it aint going stop till 2.11. Euro is going by my analise to 1.42 first target then 1.66 next, still long from 1.31....i wasnt reffering to u, which were short above 330, but to those which are short from 1.888-1.9888 level, I bet their brokers closed the trades @ 1.91-2.0
its just money
  • #18,894
  • Jul 16, 2007 4:54am Jul 16, 2007 4:54am
Quoting de123
dont close it SO soon, if the Boe minutes is again 5 vs 4 it aint going stop till 2.11. Euro is going by my analise to 1.42 first target then 1.66 next, still long from 1.31....i wasnt reffering to u, which were short above 330, but to those which are short from 1.888-1.9888 level, I bet their brokers closed the trades @ 1.91-2.0
Just shorted Swiss at 1.2000, all or nothing. If it goes, it goes bad..... 1.16?
  • #18,895
  • Jul 16, 2007 4:56am Jul 16, 2007 4:56am
Quoting de123
but to those which are short from 1.888-1.9888 level, I bet their brokers closed the trades @ 1.91-2.0
And that is probably why we haven't heard from free444........
  • #18,896
  • Jul 16, 2007 4:58am Jul 16, 2007 4:58am
Quoting cesarnc
Just shorted Swiss at 1.2000, all or nothing. If it goes, it goes bad..... 1.16?
On nov 06, seems like some support area around .1875 - .1900.
  • #18,897
  • Jul 16, 2007 5:00am Jul 16, 2007 5:00am
First target just hit......now to see the action around the 2.0400 handle
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr jly 16.jpg Size: 33 KB
Trading Levels with WRBs
  • #18,898
  • Jul 16, 2007 5:02am Jul 16, 2007 5:02am
Quoting cesarnc
looks like cable is gonna take 0400 like it was made of silk
very nice
byebye costly moments.
  • #18,899
  • Jul 16, 2007 5:04am Jul 16, 2007 5:04am
Quoting dd33
On nov 06, seems like some support area around .1875 - .1900.
you got it... But I can see 1.1900 sweating down there already
  • #18,900
  • Jul 16, 2007 5:10am Jul 16, 2007 5:10am
Quoting cesarnc
Just shorted Swiss at 1.2000, all or nothing. If it goes, it goes bad..... 1.16?
You're selling support mate. How come you didnt wait for the breakout of such support?
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