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Cable Update (GBPUSD)

  • #39,941
  • Nov 18, 2007 3:37pm Nov 18, 2007 3:37pm
21:17 AUD/USD & NZD/USD: Moving Higher In Thin Markets Sydney, November 19:

Traders say that the move higher in the AUD/USD and NZD/USD this morning has
been in very thin markets and the buying has not been widespread. The buying is
believed to be sourced out of the US and has been "predatory" in nature. The
AUD/USD has moved up from 0.8930 to a high so far at 0.8982 with some of the
larger players not involved directly or otherwise. Resistance is found at
Thursday"s high between 0.9015/20, but there are standing sell orders ahead of
0.9000.
The NZD/USD has also been in demand this morning and has traded up to 0.7601
after closing the US session around 0.7575. There are stops above Friday"s high
around 0.7625. The AUD/USD trades 0.8974/79 and the NZD/USD trades
0.7596/0.7601. [email protected]
To laugh, to learn, and to teach!
  • #39,942
  • Nov 18, 2007 4:03pm Nov 18, 2007 4:03pm
Quoting cesarnc
Since I got started, I've heard so much about this 2006's thanksgiving... If it is talked about that much across all markets, this will surely be a crazy week.

Cīmon, who won't be finger-on-mouse this week?

Nice week to all...

I'll be on the boring strategy I'm working with, which provides me 1 single trade a day... Nothing exciting about forex anymore, but a guy said "if you think it's exciting, you're not doing it right" - or something like that...
Sometimes i only have 1 trade a week. Long as you're getting paid, that's all that matters.
Patience + Humility + Study = Success
  • #39,943
  • Nov 18, 2007 5:37pm Nov 18, 2007 5:37pm
LET THE WEEK BEGIN.
If I Go Broke Trying Then I Will die happy.
  • #39,944
  • Nov 18, 2007 5:55pm Nov 18, 2007 5:55pm
Quoting Moe
LET THE WEEK BEGIN.
Too slow for a thanksgiving week!

  • #39,945
  • Nov 18, 2007 6:00pm Nov 18, 2007 6:00pm
hi guys...
target 2.0847 is still remain .....
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  • #39,946
  • Nov 18, 2007 6:14pm Nov 18, 2007 6:14pm
Quoting cesarnc
Too slow for a thanksgiving week!

LOL
If I Go Broke Trying Then I Will die happy.
  • #39,947
  • Nov 18, 2007 6:16pm Nov 18, 2007 6:16pm
Cable up
For he that would be deceived, let him.
  • #39,948
  • Nov 18, 2007 7:15pm Nov 18, 2007 7:15pm
Quoting cesarnc
Too slow for a thanksgiving week!

Trust me there won't be to many sunday's like last week.
If I Go Broke Trying Then I Will die happy.
  • #39,949
  • Nov 18, 2007 8:49pm Nov 18, 2007 8:49pm
Quoting pinchapip
Cable up
don't look down.. look up, just go long
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,950
  • Nov 19, 2007 12:18am Nov 19, 2007 12:18am
You all talking long? 4h, 2H, 1H and 30m all have the same down ward channel and all sitting on Fib 23% retracment. Price at the top of the downward channel at the moment at 550. Doesnt this mean cabel going to short.... unless it breaks the channel?? Please comment
  • #39,951
  • Nov 19, 2007 12:25am Nov 19, 2007 12:25am
Quoting Runway Trade
You all talking long? 4h, 2H, 1H and 30m all have the same down ward channel and all sitting on Fib 23% retracment. Price at the top of the downward channel at the moment at 550. Doesnt this mean cabel going to short.... unless it breaks the channel?? Please comment

My indi showing up... don't know others.
  • #39,952
  • Nov 19, 2007 12:43am Nov 19, 2007 12:43am
Quoting Runway Trade
You all talking long? 4h, 2H, 1H and 30m all have the same down ward channel and all sitting on Fib 23% retracment. Price at the top of the downward channel at the moment at 550. Doesnt this mean cabel going to short.... unless it breaks the channel?? Please comment
Yup. Price need to go back inside the channel if you want to for short. For now.. the long in process.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,953
  • Nov 19, 2007 12:44am Nov 19, 2007 12:44am
buy the dip, tight stoploss.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,954
  • Nov 19, 2007 1:23am Nov 19, 2007 1:23am
The dippest price i just bought at 2.0500 hope to see long from now..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,955
  • Nov 19, 2007 1:25am Nov 19, 2007 1:25am
and what a dip it was...
  • #39,956
  • Nov 19, 2007 1:27am Nov 19, 2007 1:27am
Quoting kreeper_6
and what a dip it was...
Actually my target was 481 but seems the price can't reach that area. Maybe later.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,957
  • Nov 19, 2007 1:35am Nov 19, 2007 1:35am
Quoting Qu|cksilver
Actually my target was 481 but seems the price can't reach that area. Maybe later.
That's should be OK. I got 498.
  • #39,958
  • Nov 19, 2007 1:38am Nov 19, 2007 1:38am
Quoting fxcritic
That's should be OK. I got 498.
the lower the better..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,959
  • Nov 19, 2007 1:46am Nov 19, 2007 1:46am
There seems to be heavy down pressure so far. I don't know if tight stops will survive. Maybe London will give us their reversal...
  • #39,960
  • Nov 19, 2007 1:48am Nov 19, 2007 1:48am
i manage to buy at 480...!! with tight stoploss..thats the dippest i can see...
now let's see what the market will give.. long or short?
"Invest With The Insiders, Not The Masses" George Muzea
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