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Cable Update (GBPUSD)

  • #47,921
  • Jan 3, 2008 4:21am Jan 3, 2008 4:21am
Quoting FXdaily
Dont ask just follow .
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,922
  • Jan 3, 2008 4:23am Jan 3, 2008 4:23am
Quoting FXdaily
Dont ask just follow .
like darh vader
  • #47,923
  • Jan 3, 2008 4:24am Jan 3, 2008 4:24am
Quoting Qu|cksilver
Long GU Long...!!!
We are going up to the sky...
Where is the SKY ? Dont tell me UP
  • #47,924
  • Jan 3, 2008 4:26am Jan 3, 2008 4:26am
Quoting forexnovice
Where is the SKY ? Dont tell me UP
Where you want it be !there is
  • #47,925
  • Jan 3, 2008 4:27am Jan 3, 2008 4:27am
Quoting FXdaily
Dont ask just follow .
Yes MASTER. Thank you once again!!
Long till when?
Theres' light at the end of the tunnel....
  • #47,926
  • Jan 3, 2008 4:28am Jan 3, 2008 4:28am
Quoting FXdaily
Where you want it be !there is
Thats what I am asking..Or Maybe I shouldn't ask, Just Follow.:
  • #47,927
  • Jan 3, 2008 4:30am Jan 3, 2008 4:30am
YES MASTER
Quoting kusniagos
Yes MASTER. Thank you once again!!
Long till when?
Attached Image
  • #47,928
  • Jan 3, 2008 4:32am Jan 3, 2008 4:32am
I posted this fib expansion yesterday evening and was going for the first fib .Did I make money --- NO I DID not stayed up late waiting (2am) came out at break even after watching it consolidate for hours then missed the move this morning.
It has stopped at the 1.9710 expansion exactly but officially in a down move here until the upper resistance line is broken.
Longs be careful


If your long be carefull of 1.9756
Attached Image (click to enlarge)
Click to Enlarge Name: 3 -1 -08 1.9650 target.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #47,929
  • Jan 3, 2008 4:35am Jan 3, 2008 4:35am
I longed at 1.9723 but i have no clue where my profit target is this time round...........i read some reports the low should be 1.9500 area but it looks a good double bottom from the daily charts around this area...
  • #47,930
  • Edited 4:51am Jan 3, 2008 4:38am | Edited 4:51am
Quoting amoreconspirito
YES MASTER
There is a much better pIc for THE MASTER here. Enjoy
http://www.forexfactory.com/showpost...ostcount=55121

edit-no offence at anyone. Lighten up Guys & Trade. You will find much better trades...also see my signature
  • #47,931
  • Jan 3, 2008 4:38am Jan 3, 2008 4:38am
Sad to say my view is with bones. If any, it will still bearish for a while.
  • #47,932
  • Jan 3, 2008 4:52am Jan 3, 2008 4:52am
should be down till about 1.966 before turning back up
Trade the reaction, not the news!
  • #47,933
  • Jan 3, 2008 4:55am Jan 3, 2008 4:55am
Quoting twofeet
should be down till about 1.966 before turning back up
did all them longs get shaken out then?? if 19712 breaks then will see fast move down to 1.9652 area
Trading is 80% Emotional, 20% Technical
  • #47,934
  • Jan 3, 2008 5:03am Jan 3, 2008 5:03am
Forget cable, for the moment, guys
there are better performing pairs today.
Cable does not like to exploite the dollar fate, seems now...
  • #47,935
  • Jan 3, 2008 5:14am Jan 3, 2008 5:14am
Quoting JanPoko
Forget cable, for the moment, guys
there are better performing pairs today.
Cable does not like to exploite the dollar fate, seems now...
Yes, Euro outperformer, better cross for longs, euro sterling bid everyday, sell all yen crosses - nice easy pips!!
Trading is 80% Emotional, 20% Technical
  • #47,936
  • Jan 3, 2008 5:15am Jan 3, 2008 5:15am
I’m short from 1.9745 looking for 1.9650 have my hedge 1.9765 if it hits 1.9650 looking to long say 1.9620-30 see what happens when it gets there

above 1.9760 forget it for the min
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #47,937
  • Jan 3, 2008 5:34am Jan 3, 2008 5:34am
shorts lost back up to the top of the channel maybe
Its all about timing and mine sucks
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #47,938
  • Jan 3, 2008 5:34am Jan 3, 2008 5:34am
Quoting Bones
I’m short from 1.9745 looking for 1.9650 have my hedge 1.9765 if it hits 1.9650 looking to long say 1.9620-30 see what happens when it gets there

above 1.9760 forget it for the min
already in 1.9771 )
  • #47,939
  • Jan 3, 2008 5:35am Jan 3, 2008 5:35am
GBP/USD: Lent Support by Negative ADP Employment Rumour London, January 3. A rumour that December"s ADP employment number might come in negative is lending a modicum of support to Cable as it consolidates losses to a five-month low of 1.9712. The ADP number will be disclosed at 13:15GMT. It is forecast at +35k, from +189k previously.
Loss consolidation from 2.0103 (New Year"s Eve high) is the big-picture story, with the risk of another 25bp UK base rate cut to 5.25% as early as next week (Jan 10) helping weigh on the pound. Last month"s 25bp UK rate cut to 5.5% was delivered by a unanimous 9-0 vote.
House prices in England and Wales rose by 0.6% in November, with annualized UK house price inflation running at 8.1%, according to the Land Registry. UK house prices fell by 0.5% last month, according to December"s Nationwide house price survey (published last Friday). December"s Halifax UK house price survey is due before the end of next week.
  • #47,940
  • Jan 3, 2008 5:37am Jan 3, 2008 5:37am
Quoting tim1234
GBP/USD: Lent Support by Negative ADP Employment Rumour London, January 3. A rumour that December"s ADP employment number might come in negative is lending a modicum of support to Cable as it consolidates losses to a five-month low of 1.9712. The ADP number will be disclosed at 13:15GMT. It is forecast at +35k, from +189k previously.
Loss consolidation from 2.0103 (New Year"s Eve high) is the big-picture story, with the risk of another 25bp UK base rate cut to 5.25% as early as next week (Jan 10) helping weigh on the pound. Last month"s 25bp UK rate cut to 5.5% was delivered by a unanimous 9-0 vote.
House prices in England and Wales rose by 0.6% in November, with annualized UK house price inflation running at 8.1%, according to the Land Registry. UK house prices fell by 0.5% last month, according to December"s Nationwide house price survey (published last Friday). December"s Halifax UK house price survey is due before the end of next week.
so.. let's long on the news.........
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