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Cable Update (GBPUSD)

  • #52,221
  • Feb 6, 2008 12:13am Feb 6, 2008 12:13am
Quoting ndvt241
Hi
I am expecting it to touch the 1.9700
possible... but based on my calculation large impulsive 5 wave sequence from 1.9959 should end around 1.9570... correction should follows....
  • #52,222
  • Feb 6, 2008 12:17am Feb 6, 2008 12:17am
Quoting ndvt241
Hi
I think I 've seen you somewhere... may be in DAMAS..
Are you from there?

Noop
  • #52,223
  • Feb 6, 2008 12:17am Feb 6, 2008 12:17am
Quoting parlenk
Man..so u are long or not? u make me confuse.:
i am already short from 9625 i was gone wrong direction to go long because of my charting software wrong candle arrangment
  • #52,224
  • Feb 6, 2008 12:28am Feb 6, 2008 12:28am
jacob can you see - i have yesterday drew channel its bounce from there

i have closed my short and not want to risk to go more down

i can wait to break that channel now
  • #52,225
  • Feb 6, 2008 12:34am Feb 6, 2008 12:34am
support above 1,9610 is broken then the target will be 1,9400.
  • #52,226
  • Feb 6, 2008 12:39am Feb 6, 2008 12:39am
check the possibility

http://www.forexfactory.com/showpost...ostcount=52183
  • #52,227
  • Feb 6, 2008 12:57am Feb 6, 2008 12:57am
There is further drop to come.. until 1.9500.
  • #52,228
  • Feb 6, 2008 1:05am Feb 6, 2008 1:05am
Quoting jacobtrader
There is further drop to come.. until 1.9500.
cable is going up termendously
  • #52,229
  • Feb 6, 2008 1:05am Feb 6, 2008 1:05am
there is possiblity we are forever up now?
  • #52,230
  • Feb 6, 2008 1:05am Feb 6, 2008 1:05am
Quoting soros_junior
possible... but based on my calculation large impulsive 5 wave sequence from 1.9959 should end around 1.9570... correction should follows....
Then if Wave A 1.9959, so for now temporary today low 1.9556 will be wave B ??
"IT'S GOING TO BE LIKE COMING INTO THE JUNGLE" - K G
  • #52,231
  • Feb 6, 2008 1:05am Feb 6, 2008 1:05am
Who wanna Short again ... short @1.9610
  • #52,232
  • Feb 6, 2008 1:08am Feb 6, 2008 1:08am
long @ 1.9570, TP @ 1.9787
  • #52,233
  • Feb 6, 2008 1:15am Feb 6, 2008 1:15am
I agree that the 5 wave down has ended and the only way is UP. There is a possibility of it testing 195.391 but should go up after that.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 060208 0909.jpg Size: 99 KB
  • #52,234
  • Feb 6, 2008 1:17am Feb 6, 2008 1:17am
Quoting hilmiy2k
cable is going up termendously
hehe.. just wait another 1 hour.. it will come down toards 1.9500.. and further more down..
this is just a slight retracement.. after a big 1 Hour bar drop..
Welcome another big drop..
I said in my earlier msg see around 150 PIPS and above drop today
  • #52,235
  • Feb 6, 2008 1:36am Feb 6, 2008 1:36am
Everyone get ready.. now is the time to SHORT... and capture 80-100 Pips downside move.
  • #52,236
  • Edited 1:42am Feb 6, 2008 1:40am | Edited 1:42am
Quoting jacobtrader
Everyone get ready.. now is the time to SHORT... and capture 80-100 Pips downside move.
already short @ 1.9610
Today Support
1.9582 ... already broken
1.9519 ... now targeting
1.9430 ... Maximum Oversold
  • #52,237
  • Feb 6, 2008 1:44am Feb 6, 2008 1:44am
I just want to say "Thank You" to everyone here for all your posts and help in trying to figure out our trades... So, what do you think, should we buy or sell now???
  • #52,238
  • Feb 6, 2008 1:47am Feb 6, 2008 1:47am
Tradehound, read my post above what i have written.. best luck.
  • #52,239
  • Feb 6, 2008 1:52am Feb 6, 2008 1:52am
Put in a sell at 1.9579 since the market keeps bouncing off of the 9600 area... Best of luck to us all...


Thanks
  • #52,240
  • Feb 6, 2008 1:54am Feb 6, 2008 1:54am
Hi,

this should be todays target:
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 15 KB
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Januje