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Cable Update (GBPUSD)

  • #48,121
  • Jan 4, 2008 4:05am Jan 4, 2008 4:05am
I dont see how after positive news and such a long down trend, this can go anymore to the south... up up
Trade in the now
  • #48,122
  • Jan 4, 2008 4:06am Jan 4, 2008 4:06am
closed long too early...

.9785 was prior target...just hit...missed out on massive pips due to uncertainty.

"down cable down" ruined my focus...


out until NFP postdata
  • #48,123
  • Jan 4, 2008 4:06am Jan 4, 2008 4:06am
Quoting uncleforex
Can't make up your mind?

The way you trade will just make your broker rich.

No hard feelings.
dude, forex is all about up and down.. I am in profit every day except in rare occasions.. if you keep any position for ever in forex you will be broke unless you buy or sell once every 3 months from top or bottom levels.
  • #48,124
  • Jan 4, 2008 4:07am Jan 4, 2008 4:07am
Quoting soros_junior
dont worry... just a small retracement... GU is back on track going south again
cable up until R 1.9800 then up again shortly until news for uncle sam released then wait wat happen
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  • #48,125
  • Jan 4, 2008 4:09am Jan 4, 2008 4:09am
Moved my top trendline up a bit

at top now at 1.9799 looks good short if rejected
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,126
  • Jan 4, 2008 4:13am Jan 4, 2008 4:13am
This thing could have another 50-60pips surge in the next 3 hours.

So watch out.
  • #48,127
  • Jan 4, 2008 4:15am Jan 4, 2008 4:15am
Quoting Bones
Moved my top trendline up a bit

at top now at 1.9799 looks good short if rejected
sir what ur opinion in 3 hours they got 50 or 60 pis up for GBP before us news released
  • #48,128
  • Jan 4, 2008 4:20am Jan 4, 2008 4:20am
I short at 1.9795
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,129
  • Jan 4, 2008 4:23am Jan 4, 2008 4:23am
Quoting Qu|cksilver
I short at 1.9795
nice place for shorts, but many big traders have 1.9800 for longs
  • #48,130
  • Jan 4, 2008 4:26am Jan 4, 2008 4:26am
Quoting forexguru
nice place for shorts, but many big traders have 1.9800 for longs
I don't think cable will go up from now..
NFP will be strong for US
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,131
  • Jan 4, 2008 4:28am Jan 4, 2008 4:28am
Quote
but many big traders have 1.9800 for longs
why?
  • #48,132
  • Jan 4, 2008 4:28am Jan 4, 2008 4:28am
im short at 1.9785
reason is there is stoch regular bearish divergence on 15 min
Priced touched 1.9799 + top of my channel and stopped
I know its an aggresive entry

I will hedge on good breach of top trendline

Im looking for my old fav 1.9650
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,133
  • Jan 4, 2008 4:29am Jan 4, 2008 4:29am
Quoting Qu|cksilver
I don't think cable will go up from now..
NFP will be strong for US
nobody knows the future, but if breaks 1.9800 it is possible for cable to reach the up line of 1 hour channel which is close to 2.000
  • #48,134
  • Jan 4, 2008 4:30am Jan 4, 2008 4:30am
Quoting Qu|cksilver
Short now!!!

Down GU Down!!!
You said you shorted back when it was at least 20 pips lower than 1.9795
  • #48,135
  • Jan 4, 2008 4:32am Jan 4, 2008 4:32am
Quoting forexguru
nobody knows the future, but if breaks 1.9800 it is possible for cable to reach the up line of 1 hour channel which is close to 2.000
I know anything can happen... but 1.9600 is waitng for me before see 2.0
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,136
  • Jan 4, 2008 4:33am Jan 4, 2008 4:33am
Also 1.9799 is the 78.6 retrace of last move down
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,137
  • Jan 4, 2008 4:34am Jan 4, 2008 4:34am
Quoting Qu|cksilver
I know anything can happen... but 1.9600 is waitng for me before see 2.0
I see a top signal on my 15 minutes charts.. if this will not break in the next 30 minutes then price is down.

closed my longs , will buy later if breaks the resistance level
  • #48,138
  • Jan 4, 2008 4:37am Jan 4, 2008 4:37am
Quoting Qu|cksilver
I don't think cable will go up from now..
NFP will be strong for US
how do u know about NFP strong numbers?
  • #48,139
  • Jan 4, 2008 4:37am Jan 4, 2008 4:37am
Quoting Qu|cksilver
I short at 1.9795


i made some calculation... so... i'm with U QS...
i'm short at 1.9778
Never Give Up.....
  • #48,140
  • Jan 4, 2008 4:39am Jan 4, 2008 4:39am
Quoting forexguru
how do u know about NFP strong numbers?
You will see it later..
"Invest With The Insiders, Not The Masses" George Muzea
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