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Cable Update (GBPUSD)

  • #39,801
  • Nov 16, 2007 4:15am Nov 16, 2007 4:15am
hi, anyone still long?
  • #39,802
  • Nov 16, 2007 4:17am Nov 16, 2007 4:17am
Quoting Qu|cksilver
gd luck.. i have to wait the next candle for confirmation.
thanks, i need it!
  • #39,803
  • Nov 16, 2007 4:25am Nov 16, 2007 4:25am
Quoting forexguru
hi, anyone still long?
im short
  • #39,804
  • Nov 16, 2007 4:29am Nov 16, 2007 4:29am
short @ 397, let's see how far she goes
  • #39,805
  • Nov 16, 2007 4:29am Nov 16, 2007 4:29am
i blew up 3 accounts by taking seriously 5, 15, and 30 minutes charts.. I trade forex for 5 years, the last year every day... take my advice, never take serious these charts unless you want to blow your accounts as I did.
  • #39,806
  • Nov 16, 2007 4:31am Nov 16, 2007 4:31am
Hope you guys are doing fine............Do you guys think GBP/USD SHORT- even it move in confused manner. It broke a daily pivot with ease. Would like to have your input. Thank you in advance.

Thank you
BANDA333
  • #39,807
  • Nov 16, 2007 4:33am Nov 16, 2007 4:33am


looks everyone short.. i'll take the opposite... long at 2.0372
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,808
  • Nov 16, 2007 4:36am Nov 16, 2007 4:36am
Quoting Qu|cksilver


looks everyone short.. i'll take the opposite... long at 2.0372
it is better you give your money to a poor african boy that is starving than to throw your money out of the window! I see a tarket of 2.0300 today, fib ext. of 161
  • #39,809
  • Nov 16, 2007 4:37am Nov 16, 2007 4:37am
Quoting forexguru
i blew up 3 accounts by taking seriously 5, 15, and 30 minutes charts.. I trade forex for 5 years, the last year every day... take my advice, never take serious these charts unless you want to blow your accounts as I did.
I don't think it's the charts fault you blew up your account...

Are you trading longer term now?
  • #39,810
  • Nov 16, 2007 4:39am Nov 16, 2007 4:39am
Quoting Norman1
I don't think it's the charts fault you blew up your account...

Are you trading longer term now?
only 1 hour and 4 hours charts with fib extensions
  • #39,811
  • Nov 16, 2007 4:39am Nov 16, 2007 4:39am
Quoting Qu|cksilver


looks everyone short.. i'll take the opposite... long at 2.0372
good luck
  • #39,812
  • Nov 16, 2007 4:39am Nov 16, 2007 4:39am
Quoting Qu|cksilver


looks everyone short.. i'll take the opposite... long at 2.0372
This up down is cracking me. Now took long term viwe on daily, bottom of channel, should go up in next week or so. So I am long all the way to 2.1000. See you next week...
  • #39,813
  • Nov 16, 2007 4:40am Nov 16, 2007 4:40am
Quoting forexguru
it is better you give your money to a poor african boy that is starving than to throw your money out of the window! I see a tarket of 2.0300 today, fib ext. of 161
300? no way... price will bouce at 350.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,814
  • Nov 16, 2007 4:41am Nov 16, 2007 4:41am
+40 and still in
  • #39,815
  • Nov 16, 2007 4:41am Nov 16, 2007 4:41am
Quoting Runway Trade
This up down is cracking me. Now took long term viwe on daily, bottom of channel, should go up in next week or so. So I am long all the way to 2.1000. See you next week...
never go against the trend !
  • #39,816
  • Nov 16, 2007 4:42am Nov 16, 2007 4:42am
i enter another long again at 2.0350..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,817
  • Nov 16, 2007 4:43am Nov 16, 2007 4:43am
Quoting Qu|cksilver
300? no way... price will bouce at 350.
yes for a while.. do not forget the us news.. this will give a boos to $
  • #39,818
  • Nov 16, 2007 4:43am Nov 16, 2007 4:43am
im out 4 47 pips, one of my best trades
  • #39,819
  • Nov 16, 2007 4:44am Nov 16, 2007 4:44am
Quoting forexguru
never go against the trend !
that's my trade.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,820
  • Nov 16, 2007 4:45am Nov 16, 2007 4:45am
Another attempt to break the 50% fibo at 2.0410 has proved successful and the pair now heads lower again in favor of the short trade. Hourly studies bearish and show scope for a dip into the lower 2.0300s. Daily trend studies tick lower still but 2.0320-35 is a strong support zone and covering bounces ahead for profit is advised
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