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Cable Update (GBPUSD)

  • #39,501
  • Nov 13, 2007 11:41am Nov 13, 2007 11:41am
Still looking bearish in the weekly, holding below last week's low.

I think key figures are last week's low (0781) and then the week open 0856.

Above those levels, more upside to come. Holding below is likely to spur more profit taking. imo.
  • #39,502
  • Nov 13, 2007 12:41pm Nov 13, 2007 12:41pm
down boy down!
  • #39,503
  • Nov 13, 2007 1:39pm Nov 13, 2007 1:39pm
ABC correction IMO. we could be in a 4hr range for awhile
OR This was just one really BIG dip.
Just Trade It
  • #39,504
  • Nov 13, 2007 2:55pm Nov 13, 2007 2:55pm
DOW up 311
Just Trade It
  • #39,505
  • Nov 13, 2007 8:53pm Nov 13, 2007 8:53pm
wake up thread
If I Go Broke Trying Then I Will die happy.
  • #39,506
  • Nov 13, 2007 8:58pm Nov 13, 2007 8:58pm
Quoting kenari05
seems 2.08 will not be seen again..good luck
We are back to 2.08
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,507
  • Nov 13, 2007 8:59pm Nov 13, 2007 8:59pm
Quoting Moe
wake up thread

Anyone looking to get in short on the weekly pin again in the near future?
  • #39,508
  • Nov 13, 2007 9:03pm Nov 13, 2007 9:03pm
Quoting dimmi
Anyone looking to get in short on the weekly pin again in the near future?
My opinion about this market.. I'll never short this pair until end of this month. I don't trust the pin bar on weekly.

My TA shows we might see 2.13 comming.. or maybe i'm wrong.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,509
  • Nov 13, 2007 9:04pm Nov 13, 2007 9:04pm
yes.. i love cable .. n u guys.. made bout 500 pips from GU since last week.. .. thks for yr expert opinion guys.. just closed my long from 2.0655 .. .will stay clear for today..
  • #39,510
  • Nov 13, 2007 9:27pm Nov 13, 2007 9:27pm
Quoting need4swift
yes.. i love cable .. n u guys.. made bout 500 pips from GU since last week.. .. thks for yr expert opinion guys.. just closed my long from 2.0655 .. .will stay clear for today..
550 pips in 2 days here, i wont short this pair now, lets see what happens, im long since 620.
If I Go Broke Trying Then I Will die happy.
  • #39,511
  • Nov 13, 2007 9:56pm Nov 13, 2007 9:56pm
Quoting need4swift
yes.. i love cable .. n u guys.. made bout 500 pips from GU since last week.. .. thks for yr expert opinion guys.. just closed my long from 2.0655 .. .will stay clear for today..
UK enonomy very slow, US economy very powerfull. When the US got the power there can short for 300pip in one day. But when UK got the power, there go very slow.

Hope you understand what i mean.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,512
  • Nov 13, 2007 11:25pm Nov 13, 2007 11:25pm
thread is dead for good or what.
If I Go Broke Trying Then I Will die happy.
  • #39,513
  • Nov 13, 2007 11:53pm Nov 13, 2007 11:53pm
Quoting Moe
thread is dead for good or what.
Moe you sound lonely! but yes thread been very quite this week. Everyone too busy trying to figure out long or short long or short........ Indicator show short market going long, what must I do what must I do......
  • #39,514
  • Nov 14, 2007 12:08am Nov 14, 2007 12:08am
Quoting Moe
thread is dead for good or what.
NO!! i'm just starting here .. everyone's still zzzzz n dreaming of where the cable going to today??? i'm still waiting ..
  • #39,515
  • Nov 14, 2007 12:51am Nov 14, 2007 12:51am
Hi, I think cable will test fibo 50% (2.1161-2.0524) 2.086x, but market still waiting for retalil sales & PPI, perhaps Bernanke speaks, if the fibo is fail then cable should retrace after run +250 pips
  • #39,516
  • Nov 14, 2007 12:56am Nov 14, 2007 12:56am
Quoting Runway Trade
Moe you sound lonely! but yes thread been very quite this week. Everyone too busy trying to figure out long or short long or short........ Indicator show short market going long, what must I do what must I do......
yeah i am, trading is a lonely game.
If I Go Broke Trying Then I Will die happy.
  • #39,517
  • Nov 14, 2007 1:13am Nov 14, 2007 1:13am
Quoting Moe
yeah i am, trading is a lonely game.
We need fun..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,518
  • Nov 14, 2007 1:15am Nov 14, 2007 1:15am
Quoting Qu|cksilver
We need fun..
any idea's.
If I Go Broke Trying Then I Will die happy.
  • #39,519
  • Nov 14, 2007 1:16am Nov 14, 2007 1:16am
http://www.mchenrycountyblog.com/upl...ice-724789.jpg
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,520
  • Nov 14, 2007 1:19am Nov 14, 2007 1:19am
Short??
"Invest With The Insiders, Not The Masses" George Muzea
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