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Cable Update (GBPUSD)

  • #39,281
  • Nov 9, 2007 5:16am Nov 9, 2007 5:16am
Look at this daily chat.. i just realize that the price already touch the resistance...DAMN!!!

Is this the end of uptrend?????

Click the image to enlarge
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 85 KB
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,282
  • Nov 9, 2007 5:16am Nov 9, 2007 5:16am
we got all this movement and u.s. news hasn't started yet
If I Go Broke Trying Then I Will die happy.
  • #39,283
  • Nov 9, 2007 5:17am Nov 9, 2007 5:17am
This last two months of the year could be interesting times.
  • #39,284
  • Nov 9, 2007 5:20am Nov 9, 2007 5:20am
Quoting maverick
This last two months of the year could be interesting times.
and this will give us an idea what the trend will be for 2008
If I Go Broke Trying Then I Will die happy.
  • #39,285
  • Nov 9, 2007 5:21am Nov 9, 2007 5:21am
what happen to bullrock and clocktrader ?
If I Go Broke Trying Then I Will die happy.
  • #39,286
  • Nov 9, 2007 5:23am Nov 9, 2007 5:23am
heading south from 9.30am. Oil pricing giving USD a break.
  • #39,287
  • Nov 9, 2007 5:23am Nov 9, 2007 5:23am
just went out for a cpl of hours and saw cable dropped big.
  • #39,288
  • Nov 9, 2007 5:25am Nov 9, 2007 5:25am
i saw it all happen, it was beautiful.

I got a short signal holding for 200 pips but im scared and want to take the pips i have now!!

Why dont you think the Cable hasnt finished its upward move now?
  • #39,289
  • Nov 9, 2007 5:26am Nov 9, 2007 5:26am
Quoting lowseng
heading south from 9.30am. Oil pricing giving USD a break.
heading south to north I think
{Promotion Removed}
  • #39,290
  • Nov 9, 2007 5:28am Nov 9, 2007 5:28am
Quoting Moe
what happen to bullrock and clocktrader ?
Interesting to know?
  • #39,291
  • Nov 9, 2007 5:32am Nov 9, 2007 5:32am
Is this the right pitchfork??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable.gif Size: 16 KB
Click to Enlarge Name: cablepicth.jpg Size: 88 KB
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,292
  • Nov 9, 2007 5:34am Nov 9, 2007 5:34am
Quoting maverick
Interesting to know?
Alserene, too. After his broker told him to buy dollars. "Cable 1.98 sooner than you expected".

Trader last seen in a gun shop.
  • #39,293
  • Nov 9, 2007 5:34am Nov 9, 2007 5:34am
Do i draw the pitchfork correctly compare to earlier picture?
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 89 KB
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,294
  • Nov 9, 2007 5:38am Nov 9, 2007 5:38am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting maverick
This last two months of the year could be interesting times.
By year end,

EU at 1.51
GU at 2.13

*Based on an expert's view aired on Bloomberg
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #39,295
  • Nov 9, 2007 5:38am Nov 9, 2007 5:38am
0.618 fibo for h1 is 2.0926; for h4 is 2.0602; for daily is 2.0227... and for weekly is 1.8631.
looks like we already have a retracement on h1; now up more or down?
Nihil Sine Deo.
  • #39,296
  • Nov 9, 2007 5:39am Nov 9, 2007 5:39am
Quoting cesarnc
Alserene, too. After his broker told him to buy dollars. "Cable 1.98 sooner than you expected".

Trader last seen in a gun shop.
l.m.a.o. thats why you never trust what your broker say.
If I Go Broke Trying Then I Will die happy.
  • #39,297
  • Nov 9, 2007 5:41am Nov 9, 2007 5:41am
LOL, that is a nice one.

This guy saw the girl of his dream in the NY subway. And now is searching for her lol...

http://www.nygirlofmydreams.com/
  • #39,298
  • Nov 9, 2007 5:41am Nov 9, 2007 5:41am
Quoting sooperthug
i saw it all happen, it was beautiful.

I got a short signal holding for 200 pips but im scared and want to take the pips i have now!!

Why dont you think the Cable hasnt finished its upward move now?
its done for now
Don't chase the market, Let the market come to you
  • #39,299
  • Nov 9, 2007 5:46am Nov 9, 2007 5:46am
Quoting Moe
l.m.a.o. thats why you never trust what your broker say.
That's correct...

Never never trust your broker.. they are also human like us. They can't predict the market eventhough they have very skillfull technical analyst.

Trust yourself, believe in yourself. Thats the correct way..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,300
  • Nov 9, 2007 5:48am Nov 9, 2007 5:48am
Barclays is denying $21billion writedown rumor...

That rumor was the responsible for the selloff in cable.
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