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Cable Update (GBPUSD)

  • #47,041
  • Dec 27, 2007 3:21am Dec 27, 2007 3:21am
Quoting Subdude
I don't see any fundamental reasons for this steep appreciation of the pound. The other carries are only up modestly, and there are no signs the U.K. economy is improving. Watch out if the U.S. economic data brings a positive surprise!
correct
  • #47,042
  • Dec 27, 2007 3:21am Dec 27, 2007 3:21am
Quoting Designer1
CONFIDENCE IS KEY OF SUCCESS that what i learn in Market!
better take your profit now mate
  • #47,043
  • Dec 27, 2007 3:25am Dec 27, 2007 3:25am
Quoting Designer1
CONFIDENCE IS KEY OF SUCCESS that what i learn in Market!
I'm interested in what you're saying. Does confidence mean that you have more guts to hang on when in a losing position? What DOES it mean, to you?
  • #47,044
  • Dec 27, 2007 3:29am Dec 27, 2007 3:29am
Quoting Subdude
I don't see any fundamental reasons for this steep appreciation of the pound. The other carries are only up modestly, and there are no signs the U.K. economy is improving. Watch out if the U.S. economic data brings a positive surprise!
best 3 sentences i've heard today..
My avatar says it all...
  • #47,045
  • Dec 27, 2007 3:41am Dec 27, 2007 3:41am
Quoting 18sfx
best 3 sentences i've heard today..
So... DOWN CABLE DOWN!!
  • #47,046
  • Dec 27, 2007 3:48am Dec 27, 2007 3:48am
Quoting deboooo2005
really i could reach 1.9910 ... but really it must break area between 1.9930 to 1.9948 to confirm long ... thats what i see
Great call so far!
  • #47,047
  • Dec 27, 2007 3:50am Dec 27, 2007 3:50am
the no reason wave that brought cable up 50 pips is going to end soon, hopefully, I give this wave 20 minutes , if not price will go more up
  • #47,048
  • Dec 27, 2007 4:34am Dec 27, 2007 4:34am
Quoting fx-SOS
I'm interested in what you're saying. Does confidence mean that you have more guts to hang on when in a losing position? What DOES it mean, to you?
that does mean - Learn More and more and confidence in your way

use your expereince for another time success -
  • #47,049
  • Dec 27, 2007 5:21am Dec 27, 2007 5:21am
i am long from 1.9884 target arrouund 9910

lets watch right or wrong?
  • #47,050
  • Dec 27, 2007 5:24am Dec 27, 2007 5:24am
Quoting Designer1
i am long from 1.9884 target arrouund 9910

lets watch right or wrong?
Right if you bought from me.
  • #47,051
  • Dec 27, 2007 5:27am Dec 27, 2007 5:27am
good time to go for long lets seeeeeee
  • #47,052
  • Dec 27, 2007 5:31am Dec 27, 2007 5:31am
this is what you said yesterday. so you changed your mind and history is wrong?

Quoting Designer1
i think its not possible without touching 9650

we are really looking for good bounce for sell from the top

tommorrow is good day for sell -

HISTORY will be wrong if we didnt see 9650 next two days or week

Wait for good bounce that what i mean!
  • #47,053
  • Dec 27, 2007 5:34am Dec 27, 2007 5:34am
Quoting dogberry
this is what you said yesterday. so you changed your mind and history is wrong?
its defntly true thing according history we will see 9650 but not for now

right now all things going up so just deal few things with current activity

we will see 9650 sure but we should have one downride after good bounce

right now uptrend possible go with more up and up once bounce is good
we will go with downride easily
  • #47,054
  • Dec 27, 2007 5:38am Dec 27, 2007 5:38am
Quoting Designer1
its defntly true thing according history we will see 9650 but not for now

right now all things going up so just deal few things with current activity

we will see 9650 sure but we should have one downride after good bounce

right now uptrend possible go with more up and up once bounce is good
we will go with downride easily
so you still insist that price will pass 1.9900 today?
  • #47,055
  • Dec 27, 2007 5:42am Dec 27, 2007 5:42am
GBP/USD: Regains 1.9900 - Offers Slated at 1.9950 London, December 27. The Pound is back over 1.9900 this morning in London, having extended its recovery from 1.9753 lows on Tuesday (new 4 month lows). The broader based weaker USD tone has aided the pairs recovery, with profit taking from the new all time highs at 0.7314 in the EUR/GBP cross yesterday, having also helped to underpin (back at 0.7283 since). However, with GBP sentiment still bearish after recent weak UK data and the unanimous 9-0 minutes for the Dec rate cut, look for sellers to begin emerging if the Pound makes any renewed headway. In fact offers recently slated at 1.9950
  • #47,056
  • Dec 27, 2007 5:45am Dec 27, 2007 5:45am
to forexguru

yes point of view we will see little up movement before we go down

still chance to go up and up!

-----------------
but upcoming next week


and what about you i have seen entire weekly Fibo all things coming perfectly
every bounce is connected with past fibo and its exact match to match
so what you are thinking we should have 9650 for sure comeing soon
we are looking for good UP posiition to move again down thats what i mean

do you believe that?
  • #47,057
  • Dec 27, 2007 5:47am Dec 27, 2007 5:47am
Quoting Designer1
its defntly true thing according history we will see 9650 but not for now

right now all things going up so just deal few things with current activity

we will see 9650 sure but we should have one downride after good bounce

right now uptrend possible go with more up and up once bounce is good
we will go with downride easily

For now my chart is showing things are pointing down
Though I am not trading today, just watching and enjoying different views from here.

My earlier comment elsewhere is that we might see 1.9810 today.
  • #47,058
  • Dec 27, 2007 5:50am Dec 27, 2007 5:50am
have in mind that markets have no logic, you can have all indicators pointing up and still price can go down.. what you see in charts is just a reflexion of what happened, and surely if we knew market exact moves we would be all multi millionaires.

In my view, I see 1.9900 as a top today, that's all I can say.

Quoting Designer1
to forexguru

yes point of view we will see little up movement before we go down

still chance to go up and up!

-----------------
but upcoming next week


and what about you i have seen entire weekly Fibo all things coming perfectly
every bounce is connected with past fibo and its exact match to match
so what you are thinking we should have 9650 for sure comeing soon
we are looking for good UP posiition to move again down thats what i mean

do you believe that?
  • #47,059
  • Dec 27, 2007 5:53am Dec 27, 2007 5:53am
Quoting Designer1
its defntly true thing according history we will see 9650 but not for now

right now all things going up so just deal few things with current activity

we will see 9650 sure but we should have one downride after good bounce

right now uptrend possible go with more up and up once bounce is good
we will go with downride easily

maybe history doesn't repeat itself .. :
My avatar says it all...
  • #47,060
  • Dec 27, 2007 5:53am Dec 27, 2007 5:53am
Quoting forexguru
have in mind that markets have no logic, you can have all indicators pointing up and still price can go down.. what you see in charts is just a reflexion of what happened, and surely if we knew market exact moves we would be all multi millionaires.

In my view, I see 1.9900 as a top today, that's all I can say.
My avatar says it all...
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