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Cable Update (GBPUSD)

  • #51,961
  • Feb 4, 2008 8:31pm Feb 4, 2008 8:31pm
Up Cable Up!!
"Invest With The Insiders, Not The Masses" George Muzea
  • #51,962
  • Feb 4, 2008 8:37pm Feb 4, 2008 8:37pm
hey man quick... its been a long time....
  • #51,963
  • Feb 4, 2008 8:40pm Feb 4, 2008 8:40pm
Quoting bhesania
hey man quick... its been a long time....
Yup.. I'm busy with fishing activity last week.. and now i'm back to trading. Hope this February give me more profit.
"Invest With The Insiders, Not The Masses" George Muzea
  • #51,964
  • Feb 4, 2008 8:41pm Feb 4, 2008 8:41pm
she's going to go down, my limit is 9650

then tomorrow ill wait and see.
And your mouth dropped
  • #51,965
  • Feb 4, 2008 8:43pm Feb 4, 2008 8:43pm
fishing dat sounds nice....you sayin last week.. and you havent been posting on the thread for a month now.....

abt being long....wats ur target.. and dont you see a rate cut from BOE coming..??
  • #51,966
  • Feb 4, 2008 8:47pm Feb 4, 2008 8:47pm
BoE rate cut is almost fully priced in.
  • #51,967
  • Feb 4, 2008 8:49pm Feb 4, 2008 8:49pm
Quoting bhesania
fishing dat sounds nice....you sayin last week.. and you havent been posting on the thread for a month now.....

abt being long....wats ur target.. and dont you see a rate cut from BOE coming..??

For a month? wow..

About the rate cut.. i have no idea.
But looking at USD economy.. USD still bearish from my view so what can i see cable will go up. Until where i don't know.. and it depend on BOE IR .
"Invest With The Insiders, Not The Masses" George Muzea
  • #51,968
  • Feb 4, 2008 8:49pm Feb 4, 2008 8:49pm
Quoting Qu|cksilver
Up Cable Up!!

Long?
  • #51,969
  • Feb 4, 2008 8:50pm Feb 4, 2008 8:50pm
Upside for now remains at 1.9785 resistance area (50% Fibonacci retracement).

right or not..??
  • #51,970
  • Feb 4, 2008 9:06pm Feb 4, 2008 9:06pm
Quoting Qu|cksilver
Yup.. I'm busy with fishing activity last week.. and now i'm back to trading. Hope this February give me more profit.
welcome back QS nice to hear you
  • #51,971
  • Feb 4, 2008 9:17pm Feb 4, 2008 9:17pm
Quoting jacobtrader
hehe.. i was doing that magic yesterday, and it went up..
today i am accumulating the magic power .. well at the moment i see GBP?USD to fall down towards 1.9680 levels..
Went to 1.9700 level, but i feel today a dip will come..
  • #51,972
  • Feb 4, 2008 9:18pm Feb 4, 2008 9:18pm
Quoting Qu|cksilver
Up Cable Up!!

QS,.....
where have U been man?
Never Give Up.....
  • #51,973
  • Feb 4, 2008 9:31pm Feb 4, 2008 9:31pm
Quoting JuSh
Long?

Cable should test area 1.9685 ~ 1.9665 before rise up to 1.9750,1.9820 & 1.9850.
  • #51,974
  • Feb 4, 2008 10:30pm Feb 4, 2008 10:30pm
Good Day

i think cable must break 1.9758 to continue go up or short
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  • #51,975
  • Feb 4, 2008 10:33pm Feb 4, 2008 10:33pm
Quoting deboooo2005
Good Day

i think cable must break 1.9758 to continue go up or short

Sba7ak 3assal

i agree with you but don't you think cbale is already moving to test 1.9685?
  • #51,976
  • Edited 11:07pm Feb 4, 2008 11:05pm | Edited 11:07pm
Quoting Pipspur
Hello everyone,

I'm still sort of a newbie, so I thought I may ask a question regarding Fibs. I've actually been wondering for some time.

I've seen a few call for a rise to 1.9820. I have that as the 61.8% retrace from Friday's high to low. For those experienced traders, is the 61.8% retrace more common that 38.2% or 50%? Does it make a difference if there is a downtrend vs. uptrend? Does it hit one, then resume and retrace again?

I guess I'm just curious to know if one Fib is more likely to become support/resistance over another depending on the current situation.

Any insight is helpful. Thanks.
I hope this helps

IMHO its going up even if BOE cut rate 50 there still a gap and US might even cut further ,you know BOE really has not got that kind of room
Attached File(s)
File Type: pdf Poulos, Bill - The Truth About Fibonacci Trading.pdf   395 KB | 895 downloads
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #51,977
  • Feb 4, 2008 11:06pm Feb 4, 2008 11:06pm
Quoting Abuawad
Sba7ak 3assal

i agree with you but don't you think cbale is already moving to test 1.9685?
ithink it try to test 1.9758 if not break short if break long
  • #51,978
  • Feb 4, 2008 11:12pm Feb 4, 2008 11:12pm
Quoting Abuawad
Cable should test area 1.9685 ~ 1.9665 before rise up to 1.9750,1.9820 & 1.9850.
Hi.

Im sorry but, what do you mean by "should"?

Thanks


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  • #51,979
  • Feb 4, 2008 11:17pm Feb 4, 2008 11:17pm
Quoting Abuawad
Sba7ak 3assal
what does this mean?
  • #51,980
  • Feb 4, 2008 11:23pm Feb 4, 2008 11:23pm
Quoting AmeriTrini
what does this mean?
Good Morning
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