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Cable Update (GBPUSD)

  • #24,381
  • Aug 14, 2007 10:16pm Aug 14, 2007 10:16pm
Quoting Igrok
1.70 on Cable is a must. Most likely to see it even this year. 1.64 is probable but might take some longer time to get to.
Hello Igrok.. long time no see.. since cable above 2.0000?? Glad that u r still ok..
  • #24,382
  • Aug 14, 2007 10:17pm Aug 14, 2007 10:17pm
Quoting Igrok
1.70 on Cable is a must. Most likely to see it even this year. 1.64 is probable but might take some longer time to get to.
you got some good charting techniques etc.

but these predictions.. again to me are meaningless.
BAM BAM BOOM! -bravado
  • #24,383
  • Aug 14, 2007 10:18pm Aug 14, 2007 10:18pm
I closed my sell trade 1.9970 @ 1.9885 (+80) pips)
  • #24,384
  • Aug 14, 2007 10:20pm Aug 14, 2007 10:20pm
Quoting pino2
I closed my sell trade 1.9970 @ 1.9885 (+80) pips)
yay.
BAM BAM BOOM! -bravado
  • #24,385
  • Aug 14, 2007 10:24pm Aug 14, 2007 10:24pm
Quoting hoezhiens
How is that this drop is happening so fast? --> ask Cesarnc... to cramerize the answer.
  • #24,386
  • Aug 14, 2007 10:26pm Aug 14, 2007 10:26pm
Quoting bravado
you got some good charting techniques etc.

but these predictions.. again to me are meaningless.
Its very nice of u to drop by during asian session bravado..
  • #24,387
  • Aug 14, 2007 10:33pm Aug 14, 2007 10:33pm
Quoting bravado
you got some good charting techniques etc.

but these predictions.. again to me are meaningless.
Like I already said million times before, technically Cable has only two options on monthly charts: it's either forming a broadening triangle or a H&S. In both cases 1.70 falls into potential trading range to complete either one of those two. Besides there is no way it will avoid a crossover on monthly MACD with automatic bearish divergence targeting the low of 2005 which is at 1.7047.
  • #24,388
  • Aug 14, 2007 10:45pm Aug 14, 2007 10:45pm
Quoting Igrok
Like I already said million times before, technically Cable has only two options on monthly charts: it's either forming a broadening triangle or a H&S. In both cases 1.70 falls into potential trading range to complete either one of those two. Besides there is no way it will avoid a crossover on monthly MACD with automatic bearish divergence targeting the low of 2005 which is at 1.7047.
noted.
BAM BAM BOOM! -bravado
  • #24,389
  • Aug 14, 2007 10:48pm Aug 14, 2007 10:48pm
For today it is likely that Cable will reach 1.9770-80 level before some correction to take place. 1.3380 and 1.2235 seems like a must on euro and swissy.
  • #24,390
  • Aug 14, 2007 10:49pm Aug 14, 2007 10:49pm
Quoting dd33
Its very nice of u to drop by during asian session bravado..
nice to see you at asian session too dd33!!
and nice of you to drop by on this thread!
BAM BAM BOOM! -bravado
  • #24,391
  • Aug 14, 2007 11:06pm Aug 14, 2007 11:06pm
Quoting emptmata
Today i has to change my strategy again.Cable down faster than my expectation.I will closed all my short position today.

Than i will go for long after cable news release.Try to catch at lower price.
He...he... try to long small portion at 1.9890 for scalping
  • #24,392
  • Aug 14, 2007 11:08pm Aug 14, 2007 11:08pm
Quoting dd33
Hello Igrok.. long time no see.. since cable above 2.0000?? Glad that u r still ok..

I'm fine, thanks. Just bored a bit while sitting on the longer-term positions. There is no need to watch them every day.
  • #24,393
  • Aug 14, 2007 11:20pm Aug 14, 2007 11:20pm
Quoting emptmata
He...he... try to long small portion at 1.9890 for scalping
my SL already touch...... so may be i has to rest a week for trade.
Than re enter at a good timing.
  • #24,394
  • Aug 14, 2007 11:23pm Aug 14, 2007 11:23pm
Quoting bravado
noted.
Hello man, I think your long term view - which is like mine - is gonna to vanish today, I'h lost my respect to the Pound.
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #24,395
  • Aug 14, 2007 11:23pm Aug 14, 2007 11:23pm
I see some traders are losing big on it without SLs.
  • #24,396
  • Aug 15, 2007 12:15am Aug 15, 2007 12:15am
Silence engulfs the room!!!
For he that would be deceived, let him.
  • #24,397
  • Aug 15, 2007 12:22am Aug 15, 2007 12:22am
Below 9776 Cable will be breaking this channel from June 06. Anybody see Cable at those levels??

http://img177.imageshack.us/img177/8...7022027rv3.png
Johann Channels and cycles are everything
  • #24,398
  • Aug 15, 2007 12:23am Aug 15, 2007 12:23am
i think its time to go long... just to get small pips.. what do you think?
  • #24,399
  • Aug 15, 2007 12:25am Aug 15, 2007 12:25am
maybe a good suggestion to my fellow traders is to follow the yellow (red) (down) road. we are still in a downtrend. dont try to guess a buy ....see it then trade it. otherwise the pair will punish us all...
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #24,400
  • Aug 15, 2007 12:26am Aug 15, 2007 12:26am
Is it wrong to be doing a happy dance over cable's plummet?
I kinda feel bad as I'm sure many good people lost some money, but my shorts are looking soooo good, I can't help but glow with joy
Cable is my sugardaddy
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