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Cable Update (GBPUSD)

  • #1,061
  • Dec 8, 2006 8:03am Dec 8, 2006 8:03am
still possible to see 9450's be careful
  • #1,062
  • Dec 8, 2006 8:06am Dec 8, 2006 8:06am
Quoting fixme1too
still possible to see 9450's be careful
really? how could that possible? how long is it possible (next hour)?
  • #1,063
  • Dec 8, 2006 8:07am Dec 8, 2006 8:07am
Quote
still possible to see 9450's be careful
Impossible, at least not before or around of 16:00GMT.
Long term: Thats another story.
  • #1,064
  • Dec 8, 2006 8:08am Dec 8, 2006 8:08am
Quoting tathlynq
Gotta soak up those revisions that the good ol US gov is getting good at! HA!
Yeah the market is not buying it
  • #1,065
  • Dec 8, 2006 8:14am Dec 8, 2006 8:14am
pivot is broken.
bulltrap or next move up?
  • #1,066
  • Dec 8, 2006 8:25am Dec 8, 2006 8:25am
Quoting fixme1too
still possible to see 9450's be careful
Do u still think about it after all this??
  • #1,067
  • Dec 8, 2006 8:29am Dec 8, 2006 8:29am
Hi,

Charts seem to indicate that the downtrend is broken on the 1h chart and now i think it should go on to break the last top. Looking to a target of 2.0000 before new year.

Neo
  • #1,068
  • Dec 8, 2006 8:30am Dec 8, 2006 8:30am
Quoting c1ro
Do u still think about it after all this??
The only thing i know c1ro, it's to say thank you because as your last respond i was staying short, since yesterday, until this great NFP... taking in long of course :-)
Thanks :-)


(I like surfing the mountain )
  • #1,069
  • Dec 8, 2006 8:32am Dec 8, 2006 8:32am
Now what is next?

Should cable start again upward move and break recent high of 9850 and move higher towards 2, may be next week?

Your opinion?

Thanks
These too shall pass away.
  • #1,070
  • Dec 8, 2006 8:38am Dec 8, 2006 8:38am
Calm down people, we still haven't even broken yesterday's high. Still looking bearish to me.
  • #1,071
  • Dec 8, 2006 8:38am Dec 8, 2006 8:38am
Quoting dswk
The only thing i know c1ro, it's to say thank you because as your last respond i was staying short, since yesterday, until this great NFP... taking in long of course :-)
Thanks :-)


(I like surfing the mountain )
Hey,

My pleasure btw, be careful cos the NFP actually good for US
  • #1,072
  • Dec 8, 2006 8:42am Dec 8, 2006 8:42am
do u really think we would go down almost 300 pips in the next hour? no
I am talking on a possible whipsaw down towards that area we still have not hit 38% on the daily. this is just a possibility to watch for


Quoting baggermatsch
really? how could that possible? how long is it possible (next hour)?
  • #1,073
  • Dec 8, 2006 8:43am Dec 8, 2006 8:43am
Quoting c1ro
Hey,

My pleasure btw, be careful cos the NFP actually good for US
All trades are close now... for this week is enough... A very long short since wednesday + a maxi faster long to near double my weekly profits... it's enough. I'm happy to reach my week-end now... I will restart next week.

Happy Trades for all.
  • #1,074
  • Dec 8, 2006 8:45am Dec 8, 2006 8:45am
i trade off history same thing happened last month 200+ pip move on whipsaw in one day this is not impossible for the cable. know your pair you trade.



Quoting katzenhai2
Impossible, at least not before or around of 16:00GMT.
Long term: Thats another story.
  • #1,075
  • Dec 8, 2006 8:49am Dec 8, 2006 8:49am
I don't think cable will drop. BUT if any chance if the price go down somewhere at 1.9623 or below around that area you can buy.

Overall pound still want to continue the uptrend.. Why? see the weekly chart and you will get the answer.

Hope it helps.
Have a nice weekend everybody.


Quoting fixme1too
do u really think we would go down almost 300 pips in the next hour? no
I am talking on a possible whipsaw down towards that area we still have not hit 38% on the daily. this is just a possibility to watch for
Yacob I dive the market without Fear.
  • #1,076
  • Dec 8, 2006 8:50am Dec 8, 2006 8:50am
i agree with fixme1too, but it will go reach to 1.9220 after 2 days...put in the stone.
  • #1,077
  • Dec 8, 2006 8:50am Dec 8, 2006 8:50am
My first NFP in Forex and I've demoed it. JEEESS... What a rush! Made my weekly target in 30 min.

Now this NFP is worth the fame.

Hope to have my mini on next month...
  • #1,078
  • Dec 8, 2006 8:58am Dec 8, 2006 8:58am
bad michigan
  • #1,079
  • Dec 8, 2006 9:13am Dec 8, 2006 9:13am
you need to make up your mind yacob what happend to the 9300's that you knew we would get because of the good news for the dollar? I told you 9531 was important and 9450's is good possibilty for us. I am in the dark now because i have no charts in front of me. will follow up this eve on my thread



Quoting Yacob
I don't think cable will drop. BUT if any chance if the price go down somewhere at 1.9623 or below around that area you can buy.

Overall pound still want to continue the uptrend.. Why? see the weekly chart and you will get the answer.

Hope it helps.
Have a nice weekend everybody.
  • #1,080
  • Dec 8, 2006 9:22am Dec 8, 2006 9:22am
fixme1too,

before i was hoping the price will go to 9300ish but now i change my mind because
1) support line did not break during NFP
2) based on weekly chart price break resistance
3) daily and weekly UPtrend
4) last week candle fibo retrace 50%

im not argue with you but this based on my analysis. Either you or me will be correct in the end.


Quoting fixme1too
you need to make up your mind yacob what happend to the 9300's that you knew we would get because of the good news for the dollar? I told you 9531 was important and 9450's is good possibilty for us. I am in the dark now because i have no charts in front of me. will follow up this eve on my thread
Yacob I dive the market without Fear.
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