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Cable Update (GBPUSD)

  • #47,501
  • Dec 31, 2007 7:32am Dec 31, 2007 7:32am
Quoting forexguru
I see, but what made you say that price will retrace back to previous lower level?
i will put screenshot for you its nothing just past history of charts i have seen and all bounce are going down once reach the line...
  • #47,502
  • Dec 31, 2007 7:35am Dec 31, 2007 7:35am
right now not easy for trade where the cable going down and up both possible
  • #47,503
  • Dec 31, 2007 7:36am Dec 31, 2007 7:36am
Quoting Designer1
i will put screenshot for you its nothing just past history of charts i have seen and all bounce are going down once reach the line...
probably price will go all the way to 2.0165.. it is a pitty I do not have any long positions.. well.. last day of the year today... good spirit was not on my site the past months, I paid my karma I guess , enough I hope !
  • #47,504
  • Dec 31, 2007 8:08am Dec 31, 2007 8:08am
Quoting jacobtrader
2.0099 is resistance.

Buy Again at 2.0105
it needs to clear 2.0099 resistance nicely..
  • #47,505
  • Dec 31, 2007 8:09am Dec 31, 2007 8:09am
Quoting Designer1
right now not easy for trade where the cable going down and up both possible
That's my jungle son!

Here are my charts from today.

Right now I'm going short from 2.0089.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-USD DIC.31-2007 UP DATE.png Size: 53 KB
Click to Enlarge Name: GBP-USD DIC.31-2007 UP DATE BUY 3.png Size: 66 KB
Click to Enlarge Name: GBP-USD DIC.31-2007 UP DATE BUY 4.png Size: 80 KB
Click to Enlarge Name: GBP-USD DIC.31-2007 UP DATE BUY 6 Closed trade.png Size: 76 KB
  • #47,506
  • Dec 31, 2007 8:17am Dec 31, 2007 8:17am
Nice charts Carrera !!!
For he that would be deceived, let him.
  • #47,507
  • Dec 31, 2007 8:22am Dec 31, 2007 8:22am
Happenning NOW!!!

Designer 1, just follow your strategy, this is scalping time for me and is very risky. You are doing ok.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD DIC.31-2007 sell at 2.0089 2.png Size: 66 KB
  • #47,508
  • Dec 31, 2007 8:25am Dec 31, 2007 8:25am
Quoting pinchapip
Nice charts Carrera !!!
Ty
  • #47,509
  • Dec 31, 2007 8:44am Dec 31, 2007 8:44am
SL move lower into profit zone.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD DIC.31-2007 sell at 2.0089 3.png Size: 38 KB
  • #47,510
  • Dec 31, 2007 9:05am Dec 31, 2007 9:05am
Quoting notme32
Still hope some bonus (100pips more)

thats it for new year 2.0100

and next year will down
I Deeply Love My Virtual Life In Virtual World , RLC
  • #47,511
  • Dec 31, 2007 9:11am Dec 31, 2007 9:11am
Well time to go, good day for me today.
Now, baby gorilla needs me. Take care all and happy new year.

PD. Wow, I just notice that cable still going down, becareful now, 78.6 fibo is been hitted. Could be a retrasement any moment from now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-USD DIC.31-2007 sell at 2.0089 4.png Size: 21 KB
Click to Enlarge Name: GBP-USD DIC.31-2007 sell at 2.0089 5.png Size: 17 KB
  • #47,512
  • Dec 31, 2007 9:12am Dec 31, 2007 9:12am
Good dollar news and GBP falls Nicly! I am out with 64pips. Should of stayed longer but greed has bitten me before. Thats me for the year. Sydney already celebrating new year we have 7hours to wait. Happy new year to all!!!!
  • #47,513
  • Dec 31, 2007 9:39am Dec 31, 2007 9:39am
Quoting notme32
thats it for new year 2.0100

and next year will down
i think we still see 2.0263 and then we move for down
it still can take two to three days before down on
  • #47,514
  • Dec 31, 2007 9:45am Dec 31, 2007 9:45am
still up is not complete so i think i will go for long and the next target is huge about 150 pips up
  • #47,515
  • Dec 31, 2007 10:06am Dec 31, 2007 10:06am
Somebody please tell me when this decline is supposed to stop. Isn't it a little overextended?
  • #47,516
  • Dec 31, 2007 10:16am Dec 31, 2007 10:16am
SOS, my charts show 1,9863 ando go a litlle up to 1,974...Happy new year for all!
  • #47,517
  • Dec 31, 2007 10:20am Dec 31, 2007 10:20am
The moment everyones been waiting for?

Here we are..breaking support

AUDUSD holding up pretty good... Just missed closing long for 25 pips, was afk a few mins...
  • #47,518
  • Dec 31, 2007 10:24am Dec 31, 2007 10:24am
Quoting TIckerShuffl
The moment everyones been waiting for?

Here we are..breaking support

AUDUSD holding up pretty good... Just missed closing long for 25 pips, was afk a few mins...
I don't understand what you're saying. If it's breaking support, that is a bad sign, which means could go lower. If it's respecting support, then can only go higher. WHICH?
  • #47,519
  • Dec 31, 2007 10:26am Dec 31, 2007 10:26am
Quoting fx-SOS
Somebody please tell me when this decline is supposed to stop. Isn't it a little overextended?
It's very light market, so these moves are almost unrealistic - unfortunately they effect the traders bottom line in reality.
  • #47,520
  • Dec 31, 2007 10:26am Dec 31, 2007 10:26am
HAHAHA !
N00bs!
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