Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#45,821
Dec 18, 2007 8:06pm Dec 18, 2007 8:06pm

need4swift
| Joined Nov 2007 | Status: Trader | 141 Posts

HAPPY IDUL ADHA!!! beef curry.. yummy..

#45,822
Dec 18, 2007 8:25pm Dec 18, 2007 8:25pm

lantzhansen
| Joined Aug 2007 | Status: Trader | 31 Posts

Quoting need4swift

Disliked

so today is bull or bear? i'm looking at my charts n a bit confused.. downtrend continuing. but also may retrace to .0300 ...
opinions???

Ignored

I think I will be watching with news but there seems to be more of a downward bias. I have a projected low of 2.0073 but anything under 2.01 has been defended pretty well. The drop below the 200 sma today was a possible start to a bearish trend and maybe we could see 2.00 tested??? don't know. just my opinions early so far

#45,823
Dec 18, 2007 8:39pm Dec 18, 2007 8:39pm

AmeriTrini
Joined Apr 2007 | Status: USF Statistics | 2,248 Posts

Happy IDUL ADHA!!! Q, wish you all the best.

Tonight I feel like buying, I said I feel like BUYING!!.....

#45,824
Dec 18, 2007 8:57pm Dec 18, 2007 8:57pm

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

debooo is we can give few more points between 61.8 to 100 in fibo?

#45,825
Dec 18, 2007 9:00pm Dec 18, 2007 9:00pm

need4swift
| Joined Nov 2007 | Status: Trader | 141 Posts

Quoting AmeriTrini

Disliked

Happy IDUL ADHA!!! Q, wish you all the best.

Tonight I feel like buying, I said I feel like BUYING!!.....

Ignored

FEEL??? seriously u so not trade on yr feelings right? :surprised

#45,826
Dec 18, 2007 9:43pm Dec 18, 2007 9:43pm

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

i am thinking CABLE IS UP TODAY

UP UP UP! LETS WATCH

#45,827
Dec 18, 2007 9:49pm Dec 18, 2007 9:49pm

AmeriTrini
Joined Apr 2007 | Status: USF Statistics | 2,248 Posts

Quoting need4swift

Disliked

FEEL??? seriously u so not trade on yr feelings right? :surprised

Ignored

dont you think that theres something to make me feel that way?

#45,828
Dec 18, 2007 10:15pm Dec 18, 2007 10:15pm

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

Good Morning Eid Adha to All Muslims

Right now cable Trades around opening price level 2.0145 , below pivot level 2.0159 . Immediate support seen at 2.0095 while resistance seen at 2.0210 .

#45,829
Dec 18, 2007 10:24pm Dec 18, 2007 10:24pm

tonghoe
| Joined Nov 2006 | Status: Trader | 22 Posts

Quoting need4swift

Disliked

FEEL??? seriously u so not trade on yr feelings right? :surprised

Ignored

Agree. Never trade by feeling or anticipation. Trade what the market tells you. Currently, it doesn't tell us anything so stay out.

#45,830
Dec 18, 2007 10:32pm Dec 18, 2007 10:32pm

tonghoe
| Joined Nov 2006 | Status: Trader | 22 Posts

Quoting jackojacko

Disliked

wat indicators would be recommended? im using Macd rsi and stoch and the parabolic SAR. i find the parabolic SAR doesnt go the way i wanted it to go. any suggestions?

Ignored

In my opinion, do not take short cuts. Get all your basics of recognising candle patterns, support and resistance levels first. All other indicators are used to support your candle studies, not as your main trade criteria.

#45,831
Dec 18, 2007 10:36pm Dec 18, 2007 10:36pm

trapped
| Joined Oct 2007 | Status: Trader | 11 Posts

Quoting tonghoe

Disliked

Agree. Never trade by feeling or anticipation. Trade what the market tells you. Currently, it doesn't tell us anything so stay out.

Ignored

Oh come on.. stay out? Just because you can't see any trade opportunities doesn't mean others can't.