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Cable Update (GBPUSD)

  • #47,141
  • Dec 27, 2007 9:17am Dec 27, 2007 9:17am
Quoting Qu|cksilver
I'm proud of you..
Hope one day you will be a good, profitable,patient & confidence trader.
Great to Hear QS
  • #47,142
  • Dec 27, 2007 9:19am Dec 27, 2007 9:19am
its bounce already - now time for up? i will make screenshot now!
  • #47,143
  • Dec 27, 2007 9:21am Dec 27, 2007 9:21am
attached - is this really going up? lets watch
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 25 KB
  • #47,144
  • Dec 27, 2007 9:31am Dec 27, 2007 9:31am
we are down now all the way!!!!!!

DOWN!
  • #47,145
  • Dec 27, 2007 9:35am Dec 27, 2007 9:35am
Quoting Designer1
we are down now all the way!!!!!!

DOWN!
at last you get the point, cable will never see 2.000 for the next years
  • #47,146
  • Dec 27, 2007 9:52am Dec 27, 2007 9:52am
Quoting rafaelrodney
HI again hheheeh. Well, like designer said....fibo is very stronger and trustyfull (well many times . Maybe it now can retrect to 1.9911 (61 fibo) and extend to 2.0033. If breaks it down, we could see 1.9897 (50 fibo and really strong line) with extension in 2.0004. All in 1h chart. Anyone?
You can see that fibo levels are nothing.
Market does not follow fibo levels, it is the other way round........fibo levels and all other indicators follows the market!

We will see by the end of the day whether the past two days bullish stealing in the market just because the bears are enjoying themselves will hold or not.
  • #47,147
  • Dec 27, 2007 9:59am Dec 27, 2007 9:59am
I got your point!!! Tks for explanation!!
  • #47,148
  • Dec 27, 2007 10:02am Dec 27, 2007 10:02am
FIBO never fails ---

i have drawn the trenline there have two possiblities

if its break that level its mean we should have bounce and up
but its break the downside is break

that s mean we are moving much much lower place i am thinking target is 9650 now!
  • #47,149
  • Dec 27, 2007 10:02am Dec 27, 2007 10:02am
Time to squeeze out the longs. Monthly pivot points show 1.9880 as solid support.

MonthlyGBP/USD
High
2.1165
Low
2.0352
Close
2.0563
R3
2.1847
R2
2.1506
R1
2.1034
Pivot
2.0693
S1
2.0221
S2
1.9880
S3
1.9408

The monthly chart continues to show a break of the uptrend. A close below its SMA @ 2.0014 would confirm a fall to around 1.9180 at least long term. THe QQE is also poised to cross over.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Dec. 28 00.53.gif Size: 86 KB
" THE BRAIN IS LIKE A PARACHUTE ... WORKS BEST WHEN OPEN "
  • #47,150
  • Dec 27, 2007 10:04am Dec 27, 2007 10:04am
1.8882 10 LOT LONG in
  • #47,151
  • Dec 27, 2007 10:13am Dec 27, 2007 10:13am
Quoting FXdaily
1.8882 10 LOT LONG in
...you cant trust this guy!
  • #47,152
  • Dec 27, 2007 10:16am Dec 27, 2007 10:16am
Quoting 30pips
...you cant trust this guy!
hes in and out before we know it.!
  • #47,153
  • Dec 27, 2007 10:16am Dec 27, 2007 10:16am
Quoting 30pips
...you cant trust this guy!
Let him say what he wants.... sometimes he's correct ... it's just his technique...
  • #47,154
  • Dec 27, 2007 10:17am Dec 27, 2007 10:17am
Quoting FXdaily
1.8882 10 LOT LONG in
in long @1.8895
  • #47,155
  • Dec 27, 2007 10:21am Dec 27, 2007 10:21am
So Designer, what R U thinkin' now? Still goin' short? Not me.
  • #47,156
  • Dec 27, 2007 10:22am Dec 27, 2007 10:22am
Quoting Tvrspeed12
in long @1.8895
im out @1.9921 been waiting for that all day FXdaily thanks
  • #47,157
  • Dec 27, 2007 10:25am Dec 27, 2007 10:25am
im out 30 points and SHORT in 1.9910 10 LOT
  • #47,158
  • Dec 27, 2007 10:26am Dec 27, 2007 10:26am
in my point of view all down

no more deal from me - down all the way -

i have short from 9898 and stop loss at 9961

will keep this deal for long time but looking for 100pips from this
  • #47,159
  • Dec 27, 2007 10:29am Dec 27, 2007 10:29am
big traders still drunk from holiday parties.... it can't explained otherwise.
  • #47,160
  • Dec 27, 2007 10:29am Dec 27, 2007 10:29am
Quoting FXdaily
im out 30 points and SHORT in 1.9910 10 LOT
im in short @1.9905
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