Cable Update (GBPUSD)

Have a MERRY CHRISTMAS & A PIPTASTIC NEW YEAR

Yeah, have nice holidays monarch.

Call me crazy but I'm still in a long mode. Because my indicators tells me this.

See here, these EMAs tells me it is heading north.
The dark-green EMA will go through the black EMA. And we have still not got the average 130 pip daily from the high to the low.
http://img268.imageshack.us/img268/5...sddailytx0.gif

I stink at news
I rule at retracement

man that chart has sooo much stuff going on! it looks like a christmas tree

By the way: I used a special data analysis technique which was right 3 days in a row and now 1 day more. It told me yesterday that there would be many ups and lows before the price will reach a specified price. And now it tells me that the price today will reach at least 1.9685. As well as it told me that the price will head up and the that the market will not react how everyone expect it. It told me more that there will be bigger retracements down, but in the end it will be heading up more.

Its even hard to believe for myself that it worked until now.
Hope it will be right once more with this.

But I'm out and don't trade that, sitting on my hands and watching only.

Going to Edmonton, Canada.

Skiing all the time, and eatin stuffin.

Looks like our Pound just did some shuffling.

We opened the week at 1.9530
(Fixme1Too had this number keyed in from the beginning of the week).

I guess a trader had many opportunities to make a alot of pips with this type of movement.

Its been a great week of trading and especially learning.

I love to learn, and by the hand of everyone here in this thread, I have been taught much more.

Looking for 1.9530 wow- a full circle in one week -you gotta love the Pound.

Monarch

I am freeeee...

... free falling....

Show me the money

wow and to think i almost closed my short position out with a 100 pip loss. My first week trading the cable and boy it wont be my last

freefall!? - bulls are still sure of 2.00 near term?

any one here going with this?

Monarch

Well, possible it will come back... we will see. Its crazy so far.

whats going on here... crazy :/

I jumped in / profited / jumped out.... I'm done for the day... WOW

I'd like to see Mr Fibonacci's face now!

Couldn't resist to go with the crowd.
Well, a fibo extension from the london high to the noon low and up to the noon little high said FE 100.0 is at 1.9502. It has not completely reached it, but near is always good enough

http://img50.imageshack.us/img50/883...sddailywp2.gif

today I took 140 pips.... Long live Her Majesty!!!!!!!

It's a year end technical sell off - exactly the same as happened last year. Take a look at the charts for the last two weeks of last year. Price could go all the way down to 1.92 before year end.

i was sooooooooooo chicken,,,, could have gotten out with ease

i will be waiting for the support ... then make a Long...

hope this times chickens will out of the questions...

Could have made $2k....

Plan ur Trade, Trade ur Plan it will be rewarded in the long run! No doubt ur next trade will be a profitable one!