Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#44,781
Dec 13, 2007 11:20am Dec 13, 2007 11:20am

acidguy
| Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts

in my opinion gu is dangerous now.

watch out u/cad.

this currency has spiked out for euro selloff but still it has a good buffer called oil.

short x2
1x short 1.0215 [email protected] first support.
2x short 1.0210 [email protected], psychological point, also 231 ema, (long term trade).

#44,782
Dec 13, 2007 11:20am Dec 13, 2007 11:20am

hellkkas
| Joined Oct 2005 | Status: Trader | 323 Posts

Quoting hellkkas

Disliked

Sorry the question..

But, why short now?

Ignored

I ask you this, because i think gbp could retrace..
All majors its going down against the dollar but gbp still hold..
Already test yesterday low but reject immediately..

#44,783
Dec 13, 2007 11:25am Dec 13, 2007 11:25am

Designer1
| Joined Nov 2007 | Status: Trader | 639 Posts

i am thinkig this is just starting

my target is 150 near

and get profit that time

its downside is ON!

lets see how much time it will take before go up

tommorrow should downtrend for sure also

need to lets seeeeeeeeeeeeee

#44,784
Dec 13, 2007 11:29am Dec 13, 2007 11:29am

acidguy
| Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts

mmm, strange .

if you probably could notice, there was a pound agressive buys orders after the liquidation of euro.

euros --> pounds.

any reason? this is suspicious, what do they know that we dont.

#44,785
Dec 13, 2007 11:30am Dec 13, 2007 11:30am

GSGill
| Joined Feb 2007 | Status: Trader | 451 Posts

we definitely are in lion country. stop hunting all over the place and i love how they draw charts. and no, cable isnt done yet.

#44,786
Dec 13, 2007 11:38am Dec 13, 2007 11:38am

hellkkas
| Joined Oct 2005 | Status: Trader | 323 Posts

Quoting acidguy

Disliked

mmm, strange .

if you probably could notice, there was a pound agressive buys orders after the liquidation of euro.

euros --> pounds.

any reason? this is suspicious, what do they know that we dont.

Ignored

that was exactly what I was telling about..

Its strange.. So i recommend careful now..

Patience is a virtue.. Wait and trade when you've sure

#44,787
Dec 13, 2007 12:51pm Dec 13, 2007 12:51pm

JanPoko
| Joined Jul 2007 | Status: Trader | 582 Posts

Yeah, down cable down.
My TP now at .350

#44,788
Dec 13, 2007 1:03pm Dec 13, 2007 1:03pm

MrFuture
| Joined Aug 2006 | Status: Trader | 436 Posts

There is this stupid fibo level at 2.0370 that it is preventing it from going down further.....

"Lunch ? Lunch Is For Wimps !"

#44,789
Dec 13, 2007 2:35pm Dec 13, 2007 2:35pm

MrFuture
| Joined Aug 2006 | Status: Trader | 436 Posts

Perfect flag formed on the 1hr chart....moment of truth now, it is either going to be up, or down.....

"Lunch ? Lunch Is For Wimps !"

#44,790
Dec 13, 2007 2:45pm Dec 13, 2007 2:45pm

acidguy
| Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts

time not seeing that big indecition in gbp.

it look like a big war of bulls and bears. the currency is moving crazy.
respecting technicals, then not respecting, reacting to other europeans then not reacting, really creepy.

#44,791
Dec 13, 2007 3:04pm Dec 13, 2007 3:04pm

Bigvick991
| Joined Nov 2007 | Status: Trader | 248 Posts

Based on my analysis I think it is going to make a run up for a little while..

#44,792
Dec 13, 2007 3:17pm Dec 13, 2007 3:17pm

Shigawire
| Joined Dec 2007 | Status: Trader | 10 Posts

Broke trendline, bullish sign.

#44,793
Dec 13, 2007 5:55pm Dec 13, 2007 5:55pm

30pips
| Joined Jul 2007 | Status: Trader | 365 Posts

Quoting Bigvick991

Disliked

Based on my analysis I think it is going to make a run up for a little while..

Ignored

bulls in the making...

,i'm long 0425 targeting 0480

#44,794
Dec 13, 2007 6:15pm Dec 13, 2007 6:15pm

acidguy
| Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts

yeah, dont get caught in a gbp short,

the big bulls are steaming that. technically we have not gotten any better confirmation of an uptrend, it appears broker succesfully all the downtrend since 2.1100.
even when usd is putting a lot of pressure to the downside.

#44,795
Dec 13, 2007 6:19pm Dec 13, 2007 6:19pm

Qu|cksilver
Joined Sep 2006 | Status: Trader | 2,163 Posts

I'm out today.. i have no clear direction.
Yesterday only get 40 pips profit.

Also remember today is friday. Becarefull.

"Invest With The Insiders, Not The Masses" George Muzea

#44,796
Dec 13, 2007 6:26pm Dec 13, 2007 6:26pm

deboooo2005
Joined Feb 2007 | Status: Trader | 2,428 Posts

short @ 2.0430 LETS WATCH

#44,797
Dec 13, 2007 6:36pm Dec 13, 2007 6:36pm

30pips
| Joined Jul 2007 | Status: Trader | 365 Posts

Quoting Qu|cksilver

Disliked

I'm out today.. i have no clear direction.
Yesterday only get 40 pips profit.

Also remember today is friday. Becarefull.

Ignored

....agree, friday is crazy & unpredictable and most of my worst losses happened this day of the week, but it can be one of the best too,anyway i've to trade/follow my system not just because is friday or any other day

#44,798
Dec 13, 2007 6:45pm Dec 13, 2007 6:45pm