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Cable Update (GBPUSD)

  • #47,721
  • Jan 2, 2008 6:38am Jan 2, 2008 6:38am
nice shooting star on 30 minutes charts.. lets see how far shorts will shoot this time
  • #47,722
  • Jan 2, 2008 6:38am Jan 2, 2008 6:38am
i'm still waiting. the price is getting pretty much stuck in the pennant, although it looks like its gonna drop like a rock.
  • #47,723
  • Jan 2, 2008 6:40am Jan 2, 2008 6:40am
Quoting anyhowtrade
i'm still waiting. the price is getting pretty much stuck in the pennant, although it looks like its gonna drop like a rock.
rock? he he... we will see
  • #47,724
  • Jan 2, 2008 6:43am Jan 2, 2008 6:43am
still waiting for 15 m. charts to break their bullish power, all the other longer time frames are bearish.
  • #47,725
  • Jan 2, 2008 6:46am Jan 2, 2008 6:46am
Quoting forexguru
still waiting for 15 m. charts to break their bullish power, all the other longer time frames are bearish.
15 minutes have turned bearish. already one full candle has closed below the pennant. anything above 15 minutes is still pretty bullish though.
  • #47,726
  • Jan 2, 2008 6:46am Jan 2, 2008 6:46am
can't we all get alone
If I Go Broke Trying Then I Will die happy.
  • #47,727
  • Jan 2, 2008 6:48am Jan 2, 2008 6:48am
Quoting anyhowtrade
15 minutes have turned bearish. already one full candle has closed below the pennant. anything above 15 minutes is still pretty bullish though.
not in my indicators, everything is bearish now, I mean everything even the 1 minute charts
  • #47,728
  • Jan 2, 2008 6:51am Jan 2, 2008 6:51am
I think this time will not be a joke like before.. will drop hardly.. let's watch, anything might happen.
  • #47,729
  • Jan 2, 2008 6:56am Jan 2, 2008 6:56am
by the way anyone still long
  • #47,730
  • Jan 2, 2008 7:01am Jan 2, 2008 7:01am
Quoting forexguru
by the way anyone still long
Me,from .9815.
  • #47,731
  • Jan 2, 2008 7:02am Jan 2, 2008 7:02am
Quoting ShowMeThePips
GBP/USD Pivot Points 01/01/08
Which site do you get your pivot point info from?
  • #47,732
  • Jan 2, 2008 7:03am Jan 2, 2008 7:03am
ok closed my short for another 23 pips.. I have enough pips for today.. I guess now it is some time for longs again.. I am out.
  • #47,733
  • Jan 2, 2008 7:05am Jan 2, 2008 7:05am
i dont have trade today but before we go down we will see today 9925 near price
  • #47,734
  • Jan 2, 2008 7:07am Jan 2, 2008 7:07am
Quoting Designer1
i dont have trade today but before we go down we will see today 9925 near price
well, intraday trading is quite difficult and stressful, remember you said you are going to quit.

I had 130 pips today.. not bad
  • #47,735
  • Jan 2, 2008 7:08am Jan 2, 2008 7:08am
I don't guess, never, I just wait for a good signal.

Gartley pattern probabbly here (5M TF).

See chart.

PD. wow, already going up. Maybe I miss this bus.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD Enero 2 Gartley pattern..png Size: 67 KB
  • #47,736
  • Jan 2, 2008 7:14am Jan 2, 2008 7:14am
Quoting Carrera
I don't guess, never, I just wait for a good signal.

Gartley pattern probabbly here (5M TF).

See chart.

PD. wow, already going up. Maybe I miss this bus.
Nope, still in range. Fibo B-C could go from 1.27 to 1.61%.

Maybe this could be a good long position after completation.
  • #47,737
  • Jan 2, 2008 7:18am Jan 2, 2008 7:18am
Quoting Carrera
Nope, still in range. Fibo B-C could go from 1.27 to 1.61%.

Maybe this could be a good long position after completation.
I agree still looking for confirmation but would like long
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #47,738
  • Jan 2, 2008 7:18am Jan 2, 2008 7:18am
I am waiting to go long.. after bearish power slow down
  • #47,739
  • Jan 2, 2008 7:19am Jan 2, 2008 7:19am
it seems goin DOWN more that up
at least i think we have possitive news for USD soon
  • #47,740
  • Jan 2, 2008 7:20am Jan 2, 2008 7:20am
im actually hoping it will stop down move at 1.9794
On-site guru & also FF member's' psychiatrist, when not drinking tea
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