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Cable Update (GBPUSD)

  • #51,141
  • Jan 27, 2008 10:32pm Jan 27, 2008 10:32pm
Quoting acidguy
"I still expect a drop to around 1.92 ish within the next few months.?"

this is pretty conservative. target is 1.70 - 1.80.

Mate, I agree with your point. As the weekly chart shows, it looks like that cable is running for a retracement that could possibly generate a second high (around 2.01/2,maybe). Then the pattern will look like a head & shoulders top. A short position from there means $$$$...lol~
  • #51,142
  • Jan 27, 2008 10:36pm Jan 27, 2008 10:36pm
Thanks Moe.
uhmm, the popular twee...

why dont we report also his bad attitudes to other admins?
thats it, problem solved. i have been following this freaky for some time and annoys me too.
he does not construct, he justa bans. even 1k members get banned by little details.

TO TWEE. IF YOU KEEP DOING WHAT YOU ARE DOING.....
THIS SITE WILL LOSE CREDIBILITY AS THE CHILDLISH ATTITUDE DAMAGES THE FF IMAGE.

come one twee, come and ban me for saying this, already spreaded the message.
this site has been great, but if that attitude keep doing what i have read.
starting another site like FF is very easy.
  • #51,143
  • Jan 27, 2008 10:48pm Jan 27, 2008 10:48pm
Quoting acidguy
Thanks Moe.
uhmm, the popular twee...

why dont we report also his bad attitudes to other admins?
thats it, problem solved. i have been following this freaky for some time and annoys me too.
he does not construct, he justa bans. even 1k members get banned by little details.

TO TWEE. IF YOU KEEP DOING WHAT YOU ARE DOING.....
THIS SITE WILL LOSE CREDIBILITY AS THE CHILDLISH ATTITUDE DAMAGES THE FF IMAGE.

come one twee, come and ban me for saying this, already spreaded the message.
this site has been great, but if that attitude keep doing what i have read.
starting another site like FF is very easy.
hmmm, maybe he knows what TWEE did last summer.
  • #51,144
  • Jan 27, 2008 10:56pm Jan 27, 2008 10:56pm
on the positive side.
gu dropped like a rock and hit 1.9750 target.
for the more riskies, still 1.9700.

congratz if anyone followed, 100pips for starting the day is not bad.
watch out also uj for possible longs before 106. lol, forgot this is not uj forum, sorry
  • #51,145
  • Jan 28, 2008 12:13am Jan 28, 2008 12:13am
i am not 100% sure but i am thinking cable will reach 9670 area first befor climb up
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  • #51,146
  • Jan 28, 2008 1:23am Jan 28, 2008 1:23am
Quoting AmeriTrini
The cable is on its way up to 2.0000, it may even pass this and possibly hit 2.0400, but,........... , we could have retracement, if we have this so-called retracement, we will go back to atleast 1.9642 which is 38.2% fib. of the current rally. If the cable breaks 1.9850, I would just buy and let the momentum take me up.

This is just me thinking out loud, writing things down makes you really think them through and I don't like writing very much.................typing on forexfactory.com is much better!
1.9850 could not hold as support, so trade was not taken.
  • #51,147
  • Jan 28, 2008 1:57am Jan 28, 2008 1:57am
already took profit from the early short.

but nice to have present. few hours there is home sales report from usa coming out, and a dollar selloff can be in the tables.

so gu could skyrocket as well. and maybe reach the fibionaccy retracement likely in the 2.0100 area in any this week session.

in there, its a must must must short. get a 50% of account return if you want targeting at least 500pips downside. cause the fall going to be strong.
  • #51,148
  • Jan 28, 2008 2:26am Jan 28, 2008 2:26am
That what i was talking about yesterday...Designer .... i could reverse when it touch trend line
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  • #51,149
  • Jan 28, 2008 2:28am Jan 28, 2008 2:28am
buy order at 9750 triggered stop now at b/e, target previous high at 9873
  • #51,150
  • Jan 28, 2008 3:43am Jan 28, 2008 3:43am
do youstill think will hit previous high 9873
  • #51,151
  • Jan 28, 2008 4:30am Jan 28, 2008 4:30am
Quoting rashad757
do youstill think will hit previous high 9873
just closed long at 9807 for +57

now i have a vision of 9700 by the end of the day.. will wait and see how price reacts until the news
  • #51,152
  • Jan 28, 2008 4:34am Jan 28, 2008 4:34am
Quoting tomaz55
just closed long at 9807 for +57

now i have a vision of 9700 by the end of the day.. will wait and see how price reacts until the news
short 9806 tgt 9700
  • #51,153
  • Jan 28, 2008 4:53am Jan 28, 2008 4:53am
I am thinking long. If it gets to 1.9830, i am going long.

What's everyone thinking?

P.S. why is it so quiet in here?
  • #51,154
  • Jan 28, 2008 5:03am Jan 28, 2008 5:03am
Quoting pip me
I am thinking long. If it gets to 1.9830, i am going long.

What's everyone thinking?

P.S. why is it so quiet in here?
if you're going long at 9830, whats your plan? (tgt/stop?)

i see this at either 9915 or 9700, will probably reverse later on for long
  • #51,155
  • Jan 28, 2008 5:06am Jan 28, 2008 5:06am
Quoting tomaz55
if you're going long at 9830, whats your plan? (tgt/stop?)

i see this at either 9915 or 9700, will probably reverse later on for long
why it's getting higher n higher?i lost 50pips of 10lot..
  • #51,156
  • Jan 28, 2008 5:14am Jan 28, 2008 5:14am
i think its risky now
  • #51,157
  • Jan 28, 2008 5:15am Jan 28, 2008 5:15am
to me the whole up move and fall last night was to flush out longs,1.9850 is no longer the resistance the buy over 9850 was to easy ,anyone that did got burnt,everone gonna think twice this time round ,if it happens
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #51,158
  • Jan 28, 2008 5:19am Jan 28, 2008 5:19am
Quoting tomaz55
if you're going long at 9830, whats your plan? (tgt/stop?)

i see this at either 9915 or 9700, will probably reverse later on for long
My target is 1.9885 my stop is 1.9795.
  • #51,159
  • Jan 28, 2008 5:33am Jan 28, 2008 5:33am
check why we stop today at bottom exact touch the trendline and up
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  • #51,160
  • Jan 28, 2008 5:42am Jan 28, 2008 5:42am
do you really think the new home sales data will be positive for the usd? :
Fay All Time Return: -98.7%
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