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Cable Update (GBPUSD)

  • #50,281
  • Jan 18, 2008 9:03am Jan 18, 2008 9:03am
Quoting FXdaily
SELL CABLE
No point to sell.. the news can't even push cable down..
"Invest With The Insiders, Not The Masses" George Muzea
  • #50,282
  • Jan 18, 2008 9:05am Jan 18, 2008 9:05am
Quoting Qu|cksilver
No point to sell.. the news can't even push cable down..
I see loks like cable falls then without NEWs
  • #50,283
  • Jan 18, 2008 9:05am Jan 18, 2008 9:05am
Quoting Qu|cksilver
No point to sell.. the news can't even push cable down..

or up i think
  • #50,284
  • Jan 18, 2008 9:07am Jan 18, 2008 9:07am
Quoting Abuawad
or up i think
ranging
"Invest With The Insiders, Not The Masses" George Muzea
  • #50,285
  • Jan 18, 2008 9:08am Jan 18, 2008 9:08am
1,94 area must see today but im sure we going next week 1,92.... area
  • #50,286
  • Jan 18, 2008 9:09am Jan 18, 2008 9:09am
Quoting Qu|cksilver
No point to sell.. the news can't even push cable down..
Why you think, that fundamentals cant push cable down?
  • #50,287
  • Jan 18, 2008 9:11am Jan 18, 2008 9:11am
Its easy trading now - 15min up 15 min down
  • #50,288
  • Jan 18, 2008 9:13am Jan 18, 2008 9:13am
Quoting sDRs
Why you think, that fundamentals cant push cable down?
Because the news not very strong & price didn't break the support level at 9562. So my view either market will be ranging today or going up.

And next week i see up cable up.
"Invest With The Insiders, Not The Masses" George Muzea
  • #50,289
  • Jan 18, 2008 9:14am Jan 18, 2008 9:14am
I think there have to be a retracement into the 50% - 62% area of the last move down (1.9721-1.9562) and then down to 1.9520 area at least. If it brake that area I have a proyection of 1.9330 area
  • #50,290
  • Jan 18, 2008 9:14am Jan 18, 2008 9:14am
Quoting Runway Trade
Its easy trading now - 15min up 15 min down
correct... but becarefull the trend is going up slowly.
"Invest With The Insiders, Not The Masses" George Muzea
  • #50,291
  • Jan 18, 2008 9:15am Jan 18, 2008 9:15am
Quoting Qu|cksilver
Because the news not very strong & price didn't break the support level at 9562. So my view either market will be ranging today or going up.

And next week i see up cable up.


Nonono there is no free space to go UP .
  • #50,292
  • Jan 18, 2008 9:15am Jan 18, 2008 9:15am
Quoting FXdaily
SELL CABLE

arggg, i have a long on cable... its near a bottom trend line, if that doesn't break 1.9559, then hopefully continue up.
  • #50,293
  • Jan 18, 2008 9:15am Jan 18, 2008 9:15am
this puppy can go anywhere
  • #50,294
  • Jan 18, 2008 9:15am Jan 18, 2008 9:15am
Quoting Runway Trade
Its easy trading now - 15min up 15 min down

up and down between 1.9581 & 1.9610 it's not bad at all
  • #50,295
  • Jan 18, 2008 9:17am Jan 18, 2008 9:17am
Quoting FXdaily
Nonono there is no free space to go UP .
i see no space to go down too.
"Invest With The Insiders, Not The Masses" George Muzea
  • #50,296
  • Jan 18, 2008 9:18am Jan 18, 2008 9:18am
Quoting Qu|cksilver
i see no space to go down too.
We must just weit then.
  • #50,297
  • Jan 18, 2008 9:19am Jan 18, 2008 9:19am
IF cable going down... I'm sure it will not break 9554
"Invest With The Insiders, Not The Masses" George Muzea
  • #50,298
  • Jan 18, 2008 9:19am Jan 18, 2008 9:19am
Quoting guyver_FiXer
arggg, i have a long on cable... its near a bottom trend line, if that doesn't break 1.9559, then hopefully continue up.
i think FXCMTR agree with you
Title: GBP/USD intraday: bullish above 1.9560Summary: Update on supports and resistances.Story: Pivot: 1.956

Our preference: Long positions above 1.956 with targets @ 1.9635 & 1.965 in extension.

Alternative scenario: Below 1.956 look for further downside with 1.953 & 1.95 as targets.

Comment: the pair is bouncing off a key rising trend line.

Date: 2008/01/18Time: 13:59 (GMT +1)Ticker: GBPLast: 1.0911Pivot: 1.9561st sup.1.9562nd sup.1.9533rd sup.1.951st res.1.96352nd res.1.9653rd res.1.9665
  • #50,299
  • Jan 18, 2008 9:24am Jan 18, 2008 9:24am
Quoting Qu|cksilver
correct... but becarefull the trend is going up slowly.
hi quick!.. what kept you busy these days? don't see u round much, lately.
up up up?? i'm on your side
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  • #50,300
  • Jan 18, 2008 9:24am Jan 18, 2008 9:24am
Gentlemen
What about if we open a room in paltalk for Forex and talk about GBP and other currency

who agree with me with this idea
526 traders viewing now, 1 is registered:
CPUmice