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Cable Update (GBPUSD)

  • #48,461
  • Jan 7, 2008 2:49am Jan 7, 2008 2:49am
Quoting forexguru
closed my longs from 668. lets see what is next.. dollar might gain again.
Same here for now. +45 pips
  • #48,462
  • Jan 7, 2008 2:58am Jan 7, 2008 2:58am
i short GBP/USD from 19696 and was kicked out of the market with +6 pips trailing stop ! hixxx.....

continue to enter with new entry order :
SELL at 19752 , SL 30pips , TP :80 pips
  • #48,463
  • Jan 7, 2008 3:02am Jan 7, 2008 3:02am
G/U could touch 1.9900 today.

Very bullish formation.

Personally I'm long bias for g/u for the week.

But let's take it step by step.
  • #48,464
  • Jan 7, 2008 3:04am Jan 7, 2008 3:04am
Quoting FXdaily
Short Gbp/JPY
Thanks
Theres' light at the end of the tunnel....
  • #48,465
  • Jan 7, 2008 3:05am Jan 7, 2008 3:05am
Quoting uncleforex
G/U could touch 1.9900 today.

Very bullish formation.

Personally I'm long bias for g/u for the week.

But let's take it step by step.

The G/U, OK
  • #48,466
  • Jan 7, 2008 3:09am Jan 7, 2008 3:09am
Quoting kusniagos
Thanks
please be caution if want to short for this moment
  • #48,467
  • Jan 7, 2008 3:10am Jan 7, 2008 3:10am
big down fall ahead
  • #48,468
  • Jan 7, 2008 3:10am Jan 7, 2008 3:10am
Quoting marketwavez
Us Dollar

Remember that Coil Pattern from this past Friday's close ?

Just look at at baby go ...........


------------------------------------------------------------
( Double click on Chart to enlarge )

  • #48,469
  • Jan 7, 2008 3:11am Jan 7, 2008 3:11am
1.975 holds, will short more , per past posts.


Of course the main number to hold is 1.9746 area per other posts



Take from others and yourself, learn, learn,learn, but never follow.
  • #48,470
  • Jan 7, 2008 3:50am Jan 7, 2008 3:50am
hey qs... 1.9750 l0oks like a g0od area to short...?? what are your analysis..?
  • #48,471
  • Jan 7, 2008 3:54am Jan 7, 2008 3:54am
be careful at 1.9700 support...
only a fall in gbpjpy can bring the cable down today in my opinion.

a fall in the yen pairs is likely after usdjpy retraced back and ready to fall...

though i am still out of the market.
I only have a small lot order at eurjpy which is risky but i was so bored watching this boring market.
  • #48,472
  • Jan 7, 2008 3:59am Jan 7, 2008 3:59am
Quoting bhesania
hey qs... 1.9750 l0oks like a g0od area to short...?? what are your analysis..?
I'm still long.. still early to short.
I'm going to short from top later..
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,473
  • Jan 7, 2008 3:59am Jan 7, 2008 3:59am
cable can go up check the screenshot

what you think quicksilver?
Attached Image (click to enlarge)
Click to Enlarge Name: tr1.gif Size: 16 KB
  • #48,474
  • Jan 7, 2008 4:04am Jan 7, 2008 4:04am
Quoting Alfista
be careful at 1.9700 support...
only a fall in gbpjpy can bring the cable down today in my opinion.

a fall in the yen pairs is likely after usdjpy retraced back and ready to fall...

though i am still out of the market.
I only have a small lot order at eurjpy which is risky but i was so bored watching this boring market.
You cant compare the cable to the Asian.

From earlier post
All my opinion....
Fed rate will be 3% 6 months from now or summer.
Bonds are a GREAT BUY at this time.Will be at 4% soon.
The UK follows the US in a mild recession.
All MAJOR central banks will cut rates, except for japan, obvious.
The US will recover faster.
Down US stock market, up US bonds, Stronger $
Look at bigger picture
  • #48,475
  • Jan 7, 2008 4:09am Jan 7, 2008 4:09am
Quoting Rogue$Trader
Look at this chart I posted over the weekend. You will see how important that number is on a weekly. Big History. If its to big, your problem, like I told her...


Please resize your chart.
Thanks
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,476
  • Jan 7, 2008 4:13am Jan 7, 2008 4:13am
what happened to the page???? it so big!!!..........
  • #48,477
  • Jan 7, 2008 4:14am Jan 7, 2008 4:14am
Quoting Qu|cksilver
Please resize your chart.
Thanks

Dont see an option to resize on post page... Not gonna resize my screen.
  • #48,478
  • Jan 7, 2008 4:29am Jan 7, 2008 4:29am
Quoting Rogue$Trader
Dont see an option to resize on post page... Not gonna resize my screen.

Temporarily Suspended by Senior Member

Learn how to resize your chart then you can start posting.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,479
  • Jan 7, 2008 4:34am Jan 7, 2008 4:34am
Decision Level on GBPUSD

http://www.forexfactory.com/showpost...02&postcount=5
  • #48,480
  • Jan 7, 2008 4:47am Jan 7, 2008 4:47am
Quoting Designer1
cable can go up check the screenshot

what you think quicksilver?
Hello Designer ,
I was just looking at your chart posted above
----Here is another view of the same pattern


You may be on to something here
resistance a the 50% level ...........( red line )
if bulls can close above that line on 1/2 hr bars , maybe you get your rally

------------------------------------------------------------------------
( Double click on chart to enlarge )
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-01-06-2008-#4.gif Size: 22 KB
549 traders viewing now, 2 are registered:
Mrbhatti
,
kledilala