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Cable Update (GBPUSD)

  • #52,241
  • Feb 6, 2008 3:56am Feb 6, 2008 3:56am
Quoting jacobtrader
Everyone get ready.. now is the time to SHORT... and capture 80-100 Pips downside move.
hai, everyone, just pass by. u r right. its goin to the south again after reaching 1.966. just pocket 200pips. A.Y.O.R. gd luck all
  • #52,242
  • Feb 6, 2008 4:00am Feb 6, 2008 4:00am
Am I not to late to short?
Bid Price: 1.9583 on Interbank FX.
  • #52,243
  • Feb 6, 2008 4:01am Feb 6, 2008 4:01am
My target is 1.9510 levels for it to go..

And it will go.. there is potential of a dip..
  • #52,244
  • Feb 6, 2008 4:02am Feb 6, 2008 4:02am
Quoting Pak Yop
Am I not to late to short?
Bid Price: 1.9583 on Interbank FX.
No it will go down.. dont worry.. hit it.. and be patient.
  • #52,245
  • Feb 6, 2008 4:07am Feb 6, 2008 4:07am
Thank you JacobTrader.
I sell (south) at 1.9582. TP:1.9510.
  • #52,246
  • Feb 6, 2008 4:10am Feb 6, 2008 4:10am
Quoting jacobtrader
No it will go down.. dont worry.. hit it.. and be patient.
me too
1.9580
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  • #52,247
  • Feb 6, 2008 4:11am Feb 6, 2008 4:11am
jacobtrader you're starting a cult here haha
  • #52,248
  • Feb 6, 2008 4:12am Feb 6, 2008 4:12am
Just be patient.. and keep another sell order at 1.9560/70 levels..
  • #52,249
  • Feb 6, 2008 4:15am Feb 6, 2008 4:15am
Quoting aimanJaslan
hai, everyone, just pass by. u r right. its goin to the south again after reaching 1.966. just pocket 200pips. A.Y.O.R. gd luck all
would you explain n share with us y gu going deep down soon?
  • #52,250
  • Feb 6, 2008 4:15am Feb 6, 2008 4:15am
May the pips be with us all... Come on tank already, lol... Seems stuck at 1.9582...

  • #52,251
  • Feb 6, 2008 4:16am Feb 6, 2008 4:16am
Dont panic for any 30-40 pips up..
Tommorrow is BOE also.. so another Fall wil come from there.. although it has been priced in, but shall impact the price slight
And with USD strenght today, we will see fall in GBP/USD..

And i assume Dow Jones will be Again RED today.. which is good...

So relax.. dont be chicken.. but if something is up 30-40 Pips, and we see resistance has broken, then you have to book the loss.

But right now the trend is down, and i am looking it to hit 1.9510 respectively..
  • #52,252
  • Feb 6, 2008 4:17am Feb 6, 2008 4:17am
Quoting TradeHound
May the pips be with us all... Come on tank already, lol... Seems stuck at 1.9582...

Yeh its saying.. Damn i am getting lots of sell orders from FF users.. what to do.. lolz..
well its making a base.. and Borrom a big fall..
  • #52,253
  • Feb 6, 2008 4:19am Feb 6, 2008 4:19am
Quoting hilmiy2k
would you explain n share with us y gu going deep down soon?
One is one of the fundamentals that e described, other is pure tech analysis with fib ret/ext of the 50% ret that happened couple of days ago so it should technically go down to 19500. to be safe as he says 19510 is a good tgt
  • #52,254
  • Feb 6, 2008 4:23am Feb 6, 2008 4:23am
Ok looks goos so far...

Thanks jacobtrader....
  • #52,255
  • Feb 6, 2008 4:36am Feb 6, 2008 4:36am
if forex trading was that easy.. go short and get the money .. then everyone would be a trader...

it is not an accident that 95% of traders lose, first because of greed, and second because of lack of discipline where should they stop.
  • #52,256
  • Feb 6, 2008 4:39am Feb 6, 2008 4:39am
Took a small profit waiting for another pull back to get in again... I want to truly thank everyone on here for all your tech skills and help... May we all be swimming in pips soon...
  • #52,257
  • Feb 6, 2008 4:40am Feb 6, 2008 4:40am
Quoting forexguru
if forex trading was that easy.. go short and get the money .. then everyone would be a trader...

it is not an accident that 95% of traders lose, first because of greed, and second because of lack of discipline where should they stop.
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  • #52,258
  • Feb 6, 2008 4:41am Feb 6, 2008 4:41am
If I Go Broke Trying Then I Will die happy.
  • #52,259
  • Feb 6, 2008 4:43am Feb 6, 2008 4:43am
still hope down and touch 1.94 area


pray pray pray
  • #52,260
  • Feb 6, 2008 4:45am Feb 6, 2008 4:45am
forexguru thankx
so what do u think up or down and why
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