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Cable Update (GBPUSD)

  • #46,681
  • Dec 21, 2007 12:08pm Dec 21, 2007 12:08pm
trend is so stronge. when stone is rolling, it's not easy stop. but we may see rebound next fews.
whatever i'm out today.
have a nice holiday to you all.
  • #46,682
  • Dec 21, 2007 12:14pm Dec 21, 2007 12:14pm
finally i have closed my short at 9810

its excatlly touch 9807 which is my bottom fibo its touch 3 times
and bounce up up up i am confused to say will that break 9807 today?

if its break we should have good downride!
  • #46,683
  • Dec 21, 2007 12:17pm Dec 21, 2007 12:17pm
Quoting Designer1
if its break 9800 MAN we will have big DOWN DOWN DOWN

i have keep my sort from 9864
next resistance may be 9640.. triple bottoms date back half a year
for 9600 it's 38.2% fibo retracement date back 2 yrs

I have made a pending sell stop order at 1.9795, TP 1.9640
  • #46,684
  • Dec 21, 2007 12:24pm Dec 21, 2007 12:24pm
4 times cable cant break the yellow line

Its looks like very strong support there it should be bounce from there possibllly???
Attached Image (click to enlarge)
Click to Enlarge Name: easy.gif Size: 12 KB
  • #46,685
  • Dec 21, 2007 1:26pm Dec 21, 2007 1:26pm
Quoting Designer1
4 times cable cant break the yellow line

Its looks like very strong support there it should be bounce from there possibllly???
If cant break this support why u dont buy?
  • #46,686
  • Dec 21, 2007 1:31pm Dec 21, 2007 1:31pm
Were there no posts between 1:24 and 2:26 pm?
  • #46,687
  • Dec 21, 2007 1:40pm Dec 21, 2007 1:40pm
Quoting fx-SOS
Were there no posts between 1:24 and 2:26 pm?
why?
  • #46,688
  • Dec 21, 2007 1:58pm Dec 21, 2007 1:58pm
Bullish engulfing on hourly...

http://keefermedia.com/content/GBPUSDhourly.jpg
  • #46,689
  • Dec 21, 2007 2:13pm Dec 21, 2007 2:13pm
Quoting AmeriTrini
why?
I guess there wasn't. I just found it odd, but I guess it's a sign of not much action. I can see now that they're all numbered anyway, so I didn't miss anything.
  • #46,690
  • Dec 21, 2007 2:39pm Dec 21, 2007 2:39pm
Again stopped at about 1,9811 from going further south, but I think it will try until it does, although we may now be saved by the end of trading for the day. IMO


ut2DaMax
  • #46,691
  • Dec 21, 2007 3:53pm Dec 21, 2007 3:53pm
I'm currently trying figure out the next level of support below 1.9640 and I guess old age is keeping me from seeing anything good below that level. Has anyone looked below that level? If so what were your results?
  • #46,692
  • Dec 21, 2007 5:26pm Dec 21, 2007 5:26pm
Quoting ut2DaMax
Again stopped at about 1,9811 from going further south, but I think it will try until it does, although we may now be saved by the end of trading for the day. IMOut2DaMax
I think you're right - pause at 18910 should be brief IMO
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD Daily.gif Size: 87 KB
Darkness lies one inch ahead..
  • #46,693
  • Dec 21, 2007 11:12pm Dec 21, 2007 11:12pm
Good Morning boddies

its Hard now Cable stop at 1.9880 about top level more than 15times and then
touch and down - touch and down

same thing its more than 20 tims its touch 9808 touch and up

if break top level 9900 we should have big uptrend if break 9807 we should have big downtrend

according to my thinking next target is 9650 for sure so it will go DoWn SOON!
  • #46,694
  • Dec 21, 2007 11:23pm Dec 21, 2007 11:23pm
Hello all,
This will probably be my last post for the year, it has been great trading with all of you!! I look forward to the new year and making lots of profits with everyone!! Merry Christmas and a Happy new year!!

Jamie.
  • #46,695
  • Dec 22, 2007 12:41am Dec 22, 2007 12:41am
Wishing Everyone Of You A Merry Christmas And A Happy New Year.
May The Year 2008 Bring Great Showers Of Green Pips For All Of Us.
  • #46,696
  • Dec 22, 2007 3:18am Dec 22, 2007 3:18am
IM LONG in 1.9847 6 LOT and 1.9816 more 6 LOT LONG in ...
Looking for ~2.0 area next week.
  • #46,697
  • Dec 22, 2007 4:48am Dec 22, 2007 4:48am
Quoting faqcya
I'm currently trying figure out the next level of support below 1.9640 and I guess old age is keeping me from seeing anything good below that level. Has anyone looked below that level? If so what were your results?
Psych support around 1.95 and 3x near S/R

4x S/R very near 1.94

Fib support at 1.93 + 2x S/R
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD weekly.jpg Size: 377 KB
Darkness lies one inch ahead..
  • #46,698
  • Dec 22, 2007 5:47am Dec 22, 2007 5:47am
Quoting FXdaily
IM LONG in 1.9847 6 LOT and 1.9816 more 6 LOT LONG in ...
Looking for ~2.0 area next week.
I know you are professional trader but i have expereience and you should have too!!

in my experience because of greedy everyone try more and more lot
at one time - don t go ahead for more than one lot otherwise it will crack all
things - when i was learning i tried 3 lots and just all gone!

my point of view if you create a 9847 6 lot
you can wait for the next profit rate dont go for just wrong direction
more 6 lot - ---you are not only doing this --- even i was doing same and i was wrong !

from that time i am not doing more than one lot even i am 100% right!
  • #46,699
  • Dec 22, 2007 7:35am Dec 22, 2007 7:35am
Quoting FXdaily
IM LONG in 1.9847 6 LOT and 1.9816 more 6 LOT LONG in ...
Looking for ~2.0 area next week.

up cable up
  • #46,700
  • Dec 22, 2007 10:28am Dec 22, 2007 10:28am
Quoting Designer1
I know you are professional trader but i have expereience and you should have too!!

in my experience because of greedy everyone try more and more lot
at one time - don t go ahead for more than one lot otherwise it will crack all
things - when i was learning i tried 3 lots and just all gone!

my point of view if you create a 9847 6 lot
you can wait for the next profit rate dont go for just wrong direction
more 6 lot - ---you are not only doing this --- even i was doing same and i was wrong !

from that time i am not doing more than one lot even i am 100% right!

Yes i understand thanks for explaining but there is no reasons bush cable DOWN.Take a look cable is oversold and im sure we going next 2 weeks only UP.
Why price falls DOWN all way is that USD is not strong but GBP was shit.
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