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Cable Update (GBPUSD)

  • #45,101
  • Dec 16, 2007 4:35pm Dec 16, 2007 4:35pm
Quoting hellkkas
What a traders.. Fantastic..

Deboooo, QS, Moe,hellkkas, megi


"Invest With The Insiders, Not The Masses" George Muzea
  • #45,102
  • Edited 4:46pm Dec 16, 2007 4:42pm | Edited 4:46pm
Quoting hellkkas
What a traders.. Fantastic..

Deboooo, QS, Moe...hellkkas, megi and all members & Guests


We here share opinions and experience to help each other to get the trend direction

1 hour resistance @ 2.0160
4 hours resistance @ 2.0227
Daily Pivot @ 2.0255
Weekly Pivot @ 2.0298
  • #45,103
  • Dec 16, 2007 4:43pm Dec 16, 2007 4:43pm
im on board also...


LONG GU LONG !
  • #45,104
  • Dec 16, 2007 5:10pm Dec 16, 2007 5:10pm
Quoting deboooo2005
We here share opinions and experience to help each other to get the trend direction

1 hour resistance @ 2.0160
4 hours resistance @ 2.0227
Daily Pivot @ 2.0255
Weekly Pivot @ 2.0298
good one debooo.tq
  • #45,105
  • Dec 16, 2007 6:59pm Dec 16, 2007 6:59pm
longing gu as well.

10:00am USD http://www.forexfactory.com/images/m...mpact_high.gif TIC Net Long-Term Transactions
these numbers dont smell good.
the usd certainly can start to rally big next year but not before giving some of the last week gains, the market just overreacted. and that is not cool even for usd bulls. i await some correction for the downtrend continnuation.

gu2xlongs
trade 1 - 2.0150 [email protected] - (rogue / protection mm trade).
trade 2 - 2.0200 - [email protected]

same for you, hope the best.
  • #45,106
  • Dec 16, 2007 7:02pm Dec 16, 2007 7:02pm
300 look good qs, but look for an up down week.
If I Go Broke Trying Then I Will die happy.
  • #45,107
  • Dec 16, 2007 7:32pm Dec 16, 2007 7:32pm
Quoting Moe
300 look good qs, but look for an up down week.
yes something like that.
"Invest With The Insiders, Not The Masses" George Muzea
  • #45,108
  • Dec 16, 2007 7:58pm Dec 16, 2007 7:58pm
hey guys, i've been away from forex for a while, vacation.. Any ideas what caused the large dip on the 14th?
  • #45,109
  • Dec 16, 2007 8:18pm Dec 16, 2007 8:18pm
Quoting lyy.sg
hey guys, i've been away from forex for a while, vacation.. Any ideas what caused the large dip on the 14th?
Over reaction to some news...

Making a nice rebound right now, good time to go long.


Just my opinion..
  • #45,110
  • Dec 16, 2007 8:21pm Dec 16, 2007 8:21pm
yea, whats the news? the movement is huge..
  • #45,111
  • Dec 16, 2007 8:26pm Dec 16, 2007 8:26pm
Quoting lyy.sg
yea, whats the news? the movement is huge..
the news for gbp are negative, the thing is usd is losing overall so increase gu value as well but gbp in my opinion is slowly devaluating.

closed last trade for +50 pips.
leaving limit buy order at 2.0170, lets see...
  • #45,112
  • Dec 16, 2007 8:40pm Dec 16, 2007 8:40pm
Quoting acidguy
closed last trade for +50 pips.
leaving limit buy order at 2.0170, lets see...
A bit of gambling with trailing stop would do the same .
At least that's what I have now, TS at 20 distance...
  • #45,113
  • Dec 16, 2007 8:44pm Dec 16, 2007 8:44pm
well the fact is gbp has been re bounced from weekly channel and it's way to upside, maybe it can go back and retest again , better buy from bounce, Monday usually creepy.. rarely happen clear move
  • #45,114
  • Dec 16, 2007 9:26pm Dec 16, 2007 9:26pm
anyone feel like shorting the cable???
  • #45,115
  • Dec 16, 2007 9:36pm Dec 16, 2007 9:36pm
Quoting AmeriTrini
anyone feel like shorting the cable???
I did SELL FROM BOUNCE when it touched 23.6% Fibbo From last Friday High and today Low. Already placing SL at BE... NO FEAR

Quote
8:01am GBP http://www.forexfactory.com/images/m...act_medium.gif Rightmove House Price Index m/m -3.2% -0.7%

Remember last week? Asian Session was IGNORING this... then when LONDON OPEN.... kebbaaaaBOOMMMMM.... colapsed! Deja Vooo perhaps... Nevermind... SL at BE... NO FEAR.
  • #45,116
  • Dec 16, 2007 9:38pm Dec 16, 2007 9:38pm
100% target is 1.9850

if wrong i will stop forex thats it!!!!!!!!

Just joking it but i am confidence what i am telling!!!!!!!!!!!!!!!!
  • #45,117
  • Dec 16, 2007 9:39pm Dec 16, 2007 9:39pm
@ end of 4 hour candle .... you can get clear view
  • #45,118
  • Dec 16, 2007 9:40pm Dec 16, 2007 9:40pm
Quoting Malaysia
I did SELL FROM BOUNCE when it touched 23.6% Fibbo From last Friday High and today Low. Already placing SL at BE... NO FEAR
any target?
  • #45,119
  • Dec 16, 2007 9:44pm Dec 16, 2007 9:44pm
Quoting Designer1
100% target is 1.9850

if wrong i will stop forex thats it!!!!!!!!

Just joking it but i am confidence what i am telling!!!!!!!!!!!!!!!!

I remember you being 100% wrong before!!!..........
  • #45,120
  • Dec 16, 2007 9:45pm Dec 16, 2007 9:45pm
Quoting deboooo2005
@ end of 4 hour candle .... you can get clear view
in your differnet fibo line deboo its started 4hr candle excatlly under the fibo line - thats mean it will down soon

whatever it will play bounce little bit and go up price but we will have today
end of the day big downtrend price!
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