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Cable Update (GBPUSD)

  • #48,721
  • Jan 9, 2008 2:19am Jan 9, 2008 2:19am
Quoting kocher
debooo,

Are you looking for a double bottom around 9684 then possible reversale?
reversal seen @ 1.9608
  • #48,722
  • Jan 9, 2008 2:21am Jan 9, 2008 2:21am
Yea, I typo'd, Meant 1.9664 for the double bottom. Based on 60m chart. What time frame are you looking at?
  • #48,723
  • Jan 9, 2008 2:32am Jan 9, 2008 2:32am
Quoting kocher
Yea, I typo'd, Meant 1.9664 for the double bottom. Based on 60m chart. What time frame are you looking at?
4hour & Daily
  • #48,724
  • Jan 9, 2008 2:35am Jan 9, 2008 2:35am
on the 1 hr time frame theres a head a shoulders pattern forming if neck line broken definetely short to go ....
  • #48,725
  • Jan 9, 2008 2:42am Jan 9, 2008 2:42am
Looking for price to touch down @ .9666 -.9655 (daily support @ 9655 and fib lvl) arena. My broker says orders are on the downside today, and SL are placed @ .9650. Which means, if that lvl is broken we would see more action to the downside (.9578 @ daily support 2)
Attached Image (click to enlarge)
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Measure twice, cut once
  • #48,726
  • Jan 9, 2008 2:45am Jan 9, 2008 2:45am
sorry for people who long and didnt short with us
  • #48,727
  • Jan 9, 2008 2:48am Jan 9, 2008 2:48am
when u trade u need solid reason to go a direction there was nothing to suggest long was the way to go ...glad i went short especially now even thou im on a demo...
  • #48,728
  • Jan 9, 2008 2:48am Jan 9, 2008 2:48am
I long at 1.9641
Who want to follow me? At your own risk
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,729
  • Jan 9, 2008 2:49am Jan 9, 2008 2:49am
Quoting deboooo2005
sorry for people who long and didnt short with us
Indeed, and just a heads up if your thinking of long, be careful,broker tells me short-orders are ticking in @ 9640
Measure twice, cut once
  • #48,730
  • Jan 9, 2008 2:49am Jan 9, 2008 2:49am
at this thread
Patience + Humility + Study = Success
  • #48,731
  • Jan 9, 2008 2:50am Jan 9, 2008 2:50am
Quoting banana9009
i dont know the direction of the cable ,

but i will long at 19700 , SL 50 ,TP :19850
You don't know the direction of cable but you will long? Do you and everyone else who thinks about going long even look at the charts? What's so hard about looking at daily, weekly charts for a confirmation as to which direction it is headed?

Do your homework and research. That is the only way people on this forum will survive, not by looking for signals or taking up a position because my gut tells me or the little Forex fairy told me.

Grow up people and start learning. FF is full of experienced traders and it contains a wealth of information. Put a little effort into it. It's not that hard unless you want it to be.
Humble Lifetime Member
  • #48,732
  • Jan 9, 2008 2:51am Jan 9, 2008 2:51am
Quoting Qu|cksilver
I long at 1.9641
Who want to follow me? At your own risk
My plan was long @ 9652 before I got the info about all the stops at 9650, and that traders are shorting at 9640 lvl in london
Measure twice, cut once
  • #48,733
  • Jan 9, 2008 2:51am Jan 9, 2008 2:51am
Quoting aediaz1
Indeed, and just a heads up if your thinking of long, be careful,broker tells me short-orders are ticking in @ 9640
pal i short @ 1.9725 and all said long ... i made very good profit
  • #48,734
  • Jan 9, 2008 2:52am Jan 9, 2008 2:52am
Quoting Qu|cksilver
I long at 1.9641
Who want to follow me? At your own risk
Hi QS, i open one long at 645, how high do u think cable will go up today?
  • #48,735
  • Jan 9, 2008 2:54am Jan 9, 2008 2:54am
Quoting deboooo2005
pal i short @ 1.9725 and all said long ... i made very good profit
U r great. I follow u just now. r u long now?
  • #48,736
  • Jan 9, 2008 2:54am Jan 9, 2008 2:54am
Quoting Qu|cksilver
I long at 1.9641
Who want to follow me? At your own risk
Added another long at 1.9650. Still keeping my long @ 1.9700

No worries.
  • #48,737
  • Jan 9, 2008 2:56am Jan 9, 2008 2:56am
GBP/USD broke the Major Support.
And it shall fall more down..
Booked profit earlier when long
  • #48,738
  • Jan 9, 2008 2:56am Jan 9, 2008 2:56am
Quoting deboooo2005
pal i short @ 1.9725 and all said long ... i made very good profit
Well done, price target for your orders ?
Measure twice, cut once
  • #48,739
  • Jan 9, 2008 2:56am Jan 9, 2008 2:56am
Quoting tkh33
Hi QS, i open one long at 645, how high do u think cable will go up today?

I set my TP at 1.9793
But becarefull... anything can go wrong..

I have to go now.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,740
  • Jan 9, 2008 2:59am Jan 9, 2008 2:59am
Quoting tkh33
U r great. I follow u just now. r u long now?
no ... today is downtrend so Sell from bounce or Sell From Top ... Good Day 2 All
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