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Cable Update (GBPUSD)

  • #45,121
  • Dec 16, 2007 11:47pm Dec 16, 2007 11:47pm
Quoting AmeriTrini
I remember you being 100% wrong before!!!..........
MAN i am learning all things i was wrong before i got the lession why i was wrong - there lots of trendline making one by one if we follow the wrong trendline we must wrong - but experience makes man perfect -

so that was an expereince and now i am going 100% right decision which you will see soon!!!!!!!!!
  • #45,122
  • Dec 16, 2007 11:49pm Dec 16, 2007 11:49pm
Quoting AmeriTrini
any target?
Target... what target Just looking at the possibility that the SUPPORT of weekly Channel gonna be broken... IF SO... FREE FALL to ... who knows... I'll placed Trailing Stop instead. We still don't know what LONDON OPEN gonna surprise us.
  • #45,123
  • Dec 16, 2007 11:50pm Dec 16, 2007 11:50pm
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!!!!!!!!!!!!!!!!
lol, thats a little risky statement. i bet we wont see those numbers soon.
probably euro is gonna weaken but pound is arlready priced for really bad news.
if wednesday news are good which is expected. the only thing is buy!.
in case they are bad. selling would be somehow risky. it could go down but the surest thing would be to buy after the selling fever.

also uk goverment now has to fight against inflation and those levels would put the government somehow uncomfortable to cut rates further. they could do the same than last time, intervened pound when boe cut rates (many people did not expected the cut at least before the slow january sales month.)

i think a brief test of 2.00xx is posible soon but not those 1.98xx levels before year end
its just my opinion. same than eu is not going to touch 1.40 soon but not also 1.50. probably lot of ranging.
  • #45,124
  • Dec 16, 2007 11:51pm Dec 16, 2007 11:51pm
if i am right this time you should believe me i am the FOREX CHAMP!!!!!!!!!!
  • #45,125
  • Dec 16, 2007 11:51pm Dec 16, 2007 11:51pm
Quoting Designer1
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!
Good Day in the morning i long @ 2.0145 and close @2.0204

i think if 200 EMA on daily chart broke it will big fall
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  • #45,126
  • Dec 16, 2007 11:54pm Dec 16, 2007 11:54pm
why 200ema deboo, i just was aware 231ema was heavily used by big guys and floor traders.

also nice to study why gu have reacted just to eu movements and why did not went on free fall when it broke weekly 2.0180 support.
we even saw it winning over euro.
  • #45,127
  • Dec 16, 2007 11:55pm Dec 16, 2007 11:55pm
Quoting deboooo2005
Good Day in the morning i long @ 2.0145 and close @2.0204

i think if 200 EMA on daily chart broke it will big fall

Already counting on that Sell From Bounce with SL at BE... Please don't hit my SL before the big fall.
  • #45,128
  • Dec 16, 2007 11:59pm Dec 16, 2007 11:59pm
Long 2.0180, target - 2.0215 (weekly mid-pivot)
"Luxury is one of the basic needs", (c), Don Corleone
  • #45,129
  • Edited 12:01am Dec 17, 2007 12:00am | Edited 12:01am
Quoting Malaysia
Already counting on that Sell From Bounce with SL at BE... Please don't hit my SL before the big fall.
Just out of curiosity, where do you put your SL? It might be a good idea for me to put a buy stop at that level .

Happy Trading Malaysia.
I Love Forex Factory!
  • #45,130
  • Dec 17, 2007 12:01am Dec 17, 2007 12:01am
Quoting Designer1
see the break fibo- should be down for sure 1.9850

sorry what i mean weekly fibo is break
http://www.forexfactory.com/showpost...ostcount=45074

its the alerting of big downtrend for next week

its break i told and whatever i know weekly trendline still not break but
its easy it will break soon according to fibo
  • #45,131
  • Dec 17, 2007 12:14am Dec 17, 2007 12:14am
Quoting --TNT--
Just out of curiosity, where do you put your SL? It might be a good idea for me to put a buy stop at that level .

Happy Trading Malaysia.
Very tricky on this MONDAY... My Risk Management is at RED Alert. Whenever I've got a good entry... always placing SL at BE after more than 10pips on the clear. I was just gonna scalp for this but since London Open will be in 2 hrs time... I might just let the profit runs... OR... let SL got hit. I am already risking NOTHING now for the possibility of the Weekly Trend Line might get broken. Apart from the 4pips already paid to the Broker
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  • #45,132
  • Dec 17, 2007 12:19am Dec 17, 2007 12:19am
Quoting Firstboss
Long 2.0180, target - 2.0215 (weekly mid-pivot)

may I know what's your SL??
  • #45,133
  • Dec 17, 2007 12:23am Dec 17, 2007 12:23am
i am doing all anlises one by one and all things telling me

its down down down 1.9850
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  • #45,134
  • Dec 17, 2007 12:27am Dec 17, 2007 12:27am
Quoting Malaysia
Very tricky on this MONDAY... My Risk Management is at RED Alert. Whenever I've got a good entry... always placing SL at BE after more than 10pips on the clear. I was just gonna scalp for this but since London Open will be in 2 hrs time... I might just let the profit runs... OR... let SL got hit. I am already risking NOTHING now for the possibility of the Weekly Trend Line might get broken. Apart from the 4pips already paid to the Broker
From my point of view, even if it is going to be a down trend(IF), you SL is just too small and proability of it going to hit is high. Well, maybe even if the price goes up and hit you SL, (1)you dont lose a cent and (2)you have a chance to sell cheaper if you still think it will be going down in the longer term. Ether way, im waiting for you at the other side :

Just playing. All the best to you.
I Love Forex Factory!
  • #45,135
  • Dec 17, 2007 12:41am Dec 17, 2007 12:41am
Quoting gunset
may I know what's your SL??
No SL - I am watching my indicators live. Will probably take 10 pips profit and go to bed :-)
If I had to name one - there are no chances for this thing to fall below this week open at 2.0143
In fact, until the news it is range bound between 2.0143 and 2.0217 (maybe 2.0256 -daily pivot)
"Luxury is one of the basic needs", (c), Don Corleone
  • #45,136
  • Dec 17, 2007 12:42am Dec 17, 2007 12:42am
i gamble DOWN
change the future, not the past
  • #45,137
  • Dec 17, 2007 1:17am Dec 17, 2007 1:17am
Quoting 137
i gamble DOWN
Don't gamble with forex
  • #45,138
  • Dec 17, 2007 1:25am Dec 17, 2007 1:25am
Till Now Weekly trend line didn't broke yet ... we still in uptrend channel
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  • #45,139
  • Dec 17, 2007 1:30am Dec 17, 2007 1:30am
dont worry it will break soon!
  • #45,140
  • Dec 17, 2007 1:41am Dec 17, 2007 1:41am
Quoting Designer1
dont worry it will break soon!
Do you short
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