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Cable Update (GBPUSD)

  • #49,061
  • Jan 10, 2008 8:32am Jan 10, 2008 8:32am
cable retraced a bit... can add more shorts
  • #49,062
  • Jan 10, 2008 8:34am Jan 10, 2008 8:34am
There is a strong resistance at 1.9585. I wouldn`t go long until the price passes through it.
  • #49,063
  • Jan 10, 2008 8:35am Jan 10, 2008 8:35am
Quoting nonick
There is a strong resistance at 1.9585. I wouldn`t go long until the price passes through it.
yes you're correct... can sell limit from around that price...
  • #49,064
  • Jan 10, 2008 8:38am Jan 10, 2008 8:38am
i dont think thats a indication to go long...thats small resistance
  • #49,065
  • Jan 10, 2008 8:39am Jan 10, 2008 8:39am
Quoting soros_junior
yes you're correct... can sell limit from around that price...
broken already sweety better go with the trend
  • #49,066
  • Jan 10, 2008 8:39am Jan 10, 2008 8:39am
Quoting soros_junior
yes you're correct... can sell limit from around that price...
Thanks for your avartar. It made me up and the cable 2. hahaha
  • #49,067
  • Jan 10, 2008 8:43am Jan 10, 2008 8:43am
Quoting forexguru
broken already sweety better go with the trend
many people make the mistake to believe that forex is a steady process... I told many times here that forex is all about up and down, sell at top buy at bottom, just you have to learn how to recognize top and bottoms, that is the job of forex trader, which in fact is not easy job.
  • #49,068
  • Jan 10, 2008 8:47am Jan 10, 2008 8:47am
Quoting forexguru
many people make the mistake to believe that forex is a steady process... I told many times here that forex is all about up and down, sell at top buy at bottom, just you have to learn how to recognize top and bottoms, that is the job of forex trader, which in fact is not easy job.
yes right

hmm i feel cable up strong now follow EU

what happen???

maybe i make some a litle lot for long cable
  • #49,069
  • Jan 10, 2008 8:48am Jan 10, 2008 8:48am
Quoting thucai
Yessssss. I'm long @ 1.9557
good trade

whats your target ? i am long at 1.9600
  • #49,070
  • Jan 10, 2008 8:48am Jan 10, 2008 8:48am
lol, i am impressed, went to the phone, now back and +50pips.

told you cable going up, tps consensus amongst traders are at 1.9820 and 1.9921 for early next week.

hope we could get to 2.0 for a nicer short.
  • #49,071
  • Jan 10, 2008 8:54am Jan 10, 2008 8:54am
loooooooonggggg.....
Never Give Up.....
  • #49,072
  • Jan 10, 2008 8:57am Jan 10, 2008 8:57am
Quoting msniper
good trade

whats your target ? i am long at 1.9600
I was out @1.9611.
I want to wait for the news at 1pm this afternoon
  • #49,073
  • Jan 10, 2008 8:58am Jan 10, 2008 8:58am
hopefully for all longs you closed your long with a profit.. price retrace now again
  • #49,074
  • Jan 10, 2008 8:59am Jan 10, 2008 8:59am
cable is about to go down any minute i feel it ..it probably go the center pivot then go downhill
  • #49,075
  • Jan 10, 2008 8:59am Jan 10, 2008 8:59am
Quoting thucai
Thanks for your avartar. It made me up and the cable 2. hahaha
  • #49,076
  • Jan 10, 2008 8:59am Jan 10, 2008 8:59am
Quoting thucai
I was out @1.9611.
I want to wait for the news at 1pm this afternoon
Which news do you mean? There is no news for gbp anymore. (for today)
  • #49,077
  • Jan 10, 2008 9:00am Jan 10, 2008 9:00am
dont worry guys... i'm seeing an inverted hammer on tf30min... the journey down south shall resume
  • #49,078
  • Jan 10, 2008 9:01am Jan 10, 2008 9:01am
we are in the middle of channel now.. price can go either up or down... but probably down
  • #49,079
  • Jan 10, 2008 9:02am Jan 10, 2008 9:02am
Quoting thucai
I must admit that i'm attracted to soros_junior's posts alot, not only because of his technic but also his avatar. hahaha.
That's why i would prefer cable to be up. cause when u look at that avatar u will be up....

Real men who have been years off the milkers for a few decades are more interested about below the waist...but that's just an aside

just wait until the fed start chopping 0.5 or more - then we will see whether the mood changes on cable
  • #49,080
  • Jan 10, 2008 9:02am Jan 10, 2008 9:02am
Quoting nonick
Which news do you mean? There is no news for gbp anymore. (for today)
1:00pm USDhttp://forexfactory.com/images/misc/...mpact_high.gifFed Chairman Bernanke Speaks

I just want to make sure. I'm not sure if it affects much to the cable.
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