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Cable Update (GBPUSD)

  • #44,901
  • Dec 14, 2007 3:38am Dec 14, 2007 3:38am
Quoting forexguru
tell me about your targets .. those who are short I mean
tp 1 .0342 tp 2 .0280
  • #44,902
  • Dec 14, 2007 3:42am Dec 14, 2007 3:42am
and maybe we drift till US news from here
  • #44,903
  • Dec 14, 2007 3:46am Dec 14, 2007 3:46am
Quoting Runway Trade
Or is this the turn round for Long retracment?
Just touch 100% Retracement since Tuesday Low And now bounce back. Profit banked in... just wanna sit down and watch for another opportunity.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd579a.PNG Size: 30 KB
  • #44,904
  • Dec 14, 2007 3:49am Dec 14, 2007 3:49am
Quoting Malaysia
Just touch 100% Retracement since Tuesday Low And now bounce back. Profit banked in... just wanna sit down and watch for another opportunity.
i think that can go to 2.0300 and more down but I am out.. glad to have back the money I lost before when I was long in the morning with 10 lots.. when I saw the retracement on the top I opened 15 longs down... so I close with profit.. no need to risk anymore.
  • #44,905
  • Dec 14, 2007 3:51am Dec 14, 2007 3:51am
Quoting forexguru
i think that can go to 2.0300 and more down but I am out.. glad to have back the money I lost before when I was long in the morning with 10 lots.. when I saw the retracement on the top I opened 15 longs down... so I close with profit.. no need to risk anymore.
I am just gonna SELL FROM BOUNCE later on
  • #44,906
  • Dec 14, 2007 3:56am Dec 14, 2007 3:56am
Quoting hellkkas
All my indicators its showing down in all timeframes..
But we've here a good support.. 4H Bar Lowest Close (2.0343)..
Usd still strong and Eur very weak, this may push gbp down..
  • #44,907
  • Dec 14, 2007 3:58am Dec 14, 2007 3:58am
Lol..how are ye ma man... hohohoho now u seem acive in this forum too hu? well good trade everyone..

Quoting Malaysia
I am just gonna SELL FROM BOUNCE later on
  • #44,908
  • Dec 14, 2007 4:08am Dec 14, 2007 4:08am
Quoting Malaysia
Just touch 100% Retracement since Tuesday Low And now bounce back. Profit banked in... just wanna sit down and watch for another opportunity.


GREAT CONGRATS
can u post your indicators and template please
  • #44,909
  • Dec 14, 2007 4:10am Dec 14, 2007 4:10am
Quoting onlooker
GREAT CONGRATS
can u post your indicators and template please
Do the hard work... learn it from my thread. :
  • #44,910
  • Dec 14, 2007 4:12am Dec 14, 2007 4:12am
guess not. from the look of things stops might be run below .0270
  • #44,911
  • Dec 14, 2007 4:14am Dec 14, 2007 4:14am
Quoting GSGill
guess not. from the look of things stops might be run below .0270
closed my 15 lots very early.. now I am in again from 1.0307 , 6 lots, break even .. will leave and come back after 3 hours to collect my profits
  • #44,912
  • Dec 14, 2007 4:15am Dec 14, 2007 4:15am
Quoting GSGill
guess not. from the look of things stops might be run below .0270
TOUCH DOWN!!! 2.0300 Lower ??? hmmm... I am out and done for today. Yahoooooooooooooooooo
  • #44,913
  • Dec 14, 2007 4:18am Dec 14, 2007 4:18am
Quoting Runway Trade
Or is this the turn round for Long retracment?
he he sure

trade what you see , not what you think
  • #44,914
  • Dec 14, 2007 4:21am Dec 14, 2007 4:21am
Quoting forexguru
closed my 15 lots very early.. now I am in again from 1.0307 , 6 lots, break even .. will leave and come back after 3 hours to collect my profits
Risky move my friend too close to the figure to enter again. But then again, i forget, we, as traders get paid to take risk. good luck
  • #44,915
  • Dec 14, 2007 4:35am Dec 14, 2007 4:35am
Quoting GSGill
Risky move my friend too close to the figure to enter again. But then again, i forget, we, as traders get paid to take risk. good luck

well.. do not worry as I closed my shorts already.. saw that price will not easily pass 2.0300 level so I closed already with a small profit
  • #44,916
  • Dec 14, 2007 4:44am Dec 14, 2007 4:44am
out .0291 good luck and good day all
  • #44,917
  • Dec 14, 2007 4:53am Dec 14, 2007 4:53am
0306 in long
  • #44,918
  • Dec 14, 2007 4:57am Dec 14, 2007 4:57am
order long @275 (78%fibo), still pending
  • #44,919
  • Dec 14, 2007 5:07am Dec 14, 2007 5:07am
EUR/USD: Dollar Rally Generates Rumours Out Of London London, December 14. The Dollar has staged an impressive rally, albeit through reportedly thin market conditions. Apart from fall-out from Thursday"s positive U.S data the reason behind the dollar push is unclear. Rumours and speculation have tried to put a handle on the move including talk that leading U.S banks are repatriating Bucks to shore up their balance sheets.
EUR/USD has stalled following a tumble from 1.4655 to 1.4535 and is currently being held at 1.4550.
  • #44,920
  • Dec 14, 2007 5:20am Dec 14, 2007 5:20am
Quoting Malaysia
Do the hard work... learn it from my thread. :

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