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Cable Update (GBPUSD)

  • #2,721
  • Dec 20, 2006 8:04am Dec 20, 2006 8:04am
this is probably one of those non-trading days..

Careful when you scalp because it can spike at anytime and catch you off guard..
  • #2,722
  • Dec 20, 2006 8:05am Dec 20, 2006 8:05am
I think the scalping is over soon asthe range is getting narrower - I wonder when we'll see a breakout and more importantly which way!

IMHO trading today is even less predictable then usual, so no idea me
Consistency and patience is everything
  • #2,723
  • Dec 20, 2006 9:08am Dec 20, 2006 9:08am
Hi, I'm new in forexfactory, but trading GBPUSD - limit short at 1.9684 target: resistance near 1.95, what do you think!?!?!?
  • #2,724
  • Dec 20, 2006 9:09am Dec 20, 2006 9:09am
GDP Annualized for USD at 1.30 GMT is rated as yellow - In November it moved for 40 pips - any comment?
mama
  • #2,725
  • Dec 20, 2006 9:34am Dec 20, 2006 9:34am
It startīs.
  • #2,726
  • Dec 20, 2006 9:35am Dec 20, 2006 9:35am
Yes yes yes!!! I knew it was going down!!! Sorry guys im excited
trading on demo is not trading
  • #2,727
  • Dec 20, 2006 9:38am Dec 20, 2006 9:38am
IN - STOPP at 1.9753

  • #2,728
  • Dec 20, 2006 9:40am Dec 20, 2006 9:40am
Quoting Henner1978
IN - STOPP at 1.9753

I go out made 15 pips because I am not sure if it is going down any further - anythoughts on where it would stop if it went down?
mama
  • #2,729
  • Dec 20, 2006 9:41am Dec 20, 2006 9:41am
Still disgusting, for all I care...
  • #2,730
  • Dec 20, 2006 9:44am Dec 20, 2006 9:44am
I beleive this is the wave "c" down.... We could be on our way 9400 ???
trading on demo is not trading
  • #2,731
  • Dec 20, 2006 9:45am Dec 20, 2006 9:45am
Quoting enzo2325
Yes yes yes!!! I knew it was going down!!! Sorry guys im excited
where do u think is the low ? u have number ? its not range 100 pips yet this day.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #2,732
  • Dec 20, 2006 9:48am Dec 20, 2006 9:48am
Quoting enzo2325
I beleive this is the wave "c" down.... We could be on our way 9400 ???
Enzo how far do you think we will go down today?
mama
  • #2,733
  • Dec 20, 2006 9:51am Dec 20, 2006 9:51am
I beleive it could go all the way down to 9400 now or it could reverse and shoot back up to 9760 and then come all the way down. So I am waiting. But hey im not sure everyone has there own way of seeing things and im a newbie so dont listen to me because I am a huge risk taker.
trading on demo is not trading
  • #2,734
  • Dec 20, 2006 9:55am Dec 20, 2006 9:55am
the lowest point for today could be 1.9630.. if we break that we could see 1.94 again!
regards
  • #2,735
  • Dec 20, 2006 9:56am Dec 20, 2006 9:56am
Quoting notme32
where do u think is the low ? u have number ? its not range 100 pips yet this day.
See posts #2711 and 2714 from earlier today in this thread.
  • #2,736
  • Dec 20, 2006 9:59am Dec 20, 2006 9:59am
so what does anyone take from this downward movement??? retrace or direction change??? where are we going??
  • #2,737
  • Dec 20, 2006 9:59am Dec 20, 2006 9:59am
Good luck to everyone guys. I have to go to work now but I shorted all the way including Eur/usd since these currencies move together. I guess we will see when I get back...
trading on demo is not trading
  • #2,738
  • Dec 20, 2006 10:01am Dec 20, 2006 10:01am
Profit or loss - that's the name of the game - i'll double at 1.9600 with a very close stop - straight anti-martingale or i'm out at 1.975!
  • #2,739
  • Dec 20, 2006 10:01am Dec 20, 2006 10:01am
Quoting Mama007
Enzo how far do you think we will go down today?
There was a bearish divergence at 4 hour chart
  • #2,740
  • Dec 20, 2006 10:09am Dec 20, 2006 10:09am
Quoting MoneyMa$ter
See posts #2711 and 2714 from earlier today in this thread.
ok thx, i try get the bounce.... 20 is enough .
I Deeply Love My Virtual Life In Virtual World , RLC
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