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Cable Update (GBPUSD)

  • #52,281
  • Feb 6, 2008 5:31am Feb 6, 2008 5:31am
Quoting w4533m
Hey, Howz everybody doin'?

Jacob yesterday FX DAILY's calls worked. Innit? nothing personnel but you shouldnt ve humiliated him but yeah at the same time you were right with your analysis too.
Difference of opinons...fuel for forex factory innit?
anyways wish you all good trading
FXDaily is a good person.. but everyone in this board should be telling the truth.. its a serious profession.. so y to have someones else money get in risk.. he is using demo.. so he should accept it.. then rather falsifying his comments

Anywayz.. thanks.. and i wish you luck as well..

GBP/USD is aiming for 1.9500 in coming 1-2 hours.
  • #52,282
  • Feb 6, 2008 5:35am Feb 6, 2008 5:35am
God knows better.

btw thanks for the update.

all the best.
  • #52,283
  • Feb 6, 2008 5:38am Feb 6, 2008 5:38am
Quoting jacobtrader
FXDaily is a good person.. but everyone in this board should be telling the truth.. its a serious profession.. so y to have someones else money get in risk.. he is using demo.. so he should accept it.. then rather falsifying his comments

Anywayz.. thanks.. and i wish you luck as well..

GBP/USD is aiming for 1.9500 in coming 1-2 hours.
FXDAILY is still here in this forum?
  • #52,284
  • Feb 6, 2008 5:39am Feb 6, 2008 5:39am
Quoting forexguru
FXDAILY is still here in this forum?
He was here yesterday.. no idea.. where is he today.
  • #52,285
  • Feb 6, 2008 5:41am Feb 6, 2008 5:41am
Quoting jacobtrader
He was here yesterday.. no idea.. where is he today.
I saw that he is banned from here.

How do you know that is using demo?

I guessed so also, as he was trading with million of dollars

He is insisting that he is trading real.
  • #52,286
  • Feb 6, 2008 5:41am Feb 6, 2008 5:41am
He is flying back to Estonia from his vacations. But yesterday he made a mistake with his calls.
  • #52,287
  • Feb 6, 2008 5:44am Feb 6, 2008 5:44am
I would have to think there would be something like a double bottom, here...after the huge move down from 2.12. Is one bounce off a potential bottom enough? I don't like the Pound much due to their GDP being so tied to financial and investment banking performance. This isn't your industrial revolution England anymore. How can GBP be anywhere near 2, while Euro is at 1.46? Puzzling, if you ask me.
  • #52,288
  • Feb 6, 2008 5:51am Feb 6, 2008 5:51am
I am looking for another 100 Pips down in this pair.
Around till 1.9480-1.9500 levels
  • #52,289
  • Feb 6, 2008 5:51am Feb 6, 2008 5:51am
just a few pips to pass 1.9600 and then goodbye $
  • #52,290
  • Feb 6, 2008 5:54am Feb 6, 2008 5:54am
Quoting jacobtrader
I am looking for another 100 Pips down in this pair.
Around till 1.9480-1.9500 levels

you are looking today?
  • #52,291
  • Feb 6, 2008 5:55am Feb 6, 2008 5:55am
i sold at 9601

aiming 9500

any one suggest a stop loss area ?
  • #52,292
  • Feb 6, 2008 5:56am Feb 6, 2008 5:56am
Quoting forexguru
you are looking today?
Yep..
And i wont buy at the moment..
I see a good fall to come in this pair..
  • #52,293
  • Feb 6, 2008 5:56am Feb 6, 2008 5:56am
i just want 20 pips everyday
20 pips was can make me life

if today loss im out marked and and view a few hour later


i need cable down again
  • #52,294
  • Feb 6, 2008 5:59am Feb 6, 2008 5:59am
Quoting X-CooL
i just want 20 pips everyday
20 pips was can make me life

if today loss im out marked and and view a few hour later


i need cable down again
Remember, that after 1:30 hour we'll see US news, if they will be totally bad, then cable will go up
  • #52,295
  • Feb 6, 2008 6:00am Feb 6, 2008 6:00am
Quoting jacobtrader
Yep..
And i wont buy at the moment..
I see a good fall to come in this pair..
just imagine what will happen when price pass cloud.. camarilla is long already exactly on this level.


price went down today for no particular reason, price will go up for a many reasons.
Attached Image (click to enlarge)
Click to Enlarge Name: cam.jpg Size: 164 KB
  • #52,296
  • Feb 6, 2008 6:01am Feb 6, 2008 6:01am
this is classic continuation triangle pattern, but lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 18 KB
  • #52,297
  • Feb 6, 2008 6:03am Feb 6, 2008 6:03am
Quoting forexguru
just imagine what will happen when price pass cloud.. camarilla is long already exactly on this level.


price went down today for no particular reason, price will go up for a many reasons.
Price went down for many reasons.
there is no reason for it to go upside..

State me 3 reasons for it to go upside.. and i state you 3 reasons for downside And lets compare.. the potential.
  • #52,298
  • Feb 6, 2008 6:05am Feb 6, 2008 6:05am
Quoting sDRs
Remember, that after 1:30 hour we'll see US news, if they will be totally bad, then cable will go up
MBA DATA came.. and it was positive for USD.
I have some insight information.. today the data will be Positive for USD.
  • #52,299
  • Feb 6, 2008 6:08am Feb 6, 2008 6:08am
Quoting jacobtrader
Price went down for many reasons.
there is no reason for it to go upside..

State me 3 reasons for it to go upside.. and i state you 3 reasons for downside And lets compare.. the potential.
simply because all fundamental numbers and rate cuts should already have sent cable to at least 2.000
  • #52,300
  • Feb 6, 2008 6:14am Feb 6, 2008 6:14am
Quoting forexguru
simply because all fundamental numbers and rate cuts should already have sent cable to at least 2.000
Hehe.. you are saying as if the Economy condition is good in UK
1st) Technically there is a Down trend in GBP/USD with major down fall to come in the pair.
2nd) Fundamentally GBP Data aint strong to push it up, another reason, with BOE rate cut tommorrow is priced in (but slight impact downfall will be given).
3rd) USD Index Strength is seen in the market.
4th) Equities in Major Down fall..

I can just go and on.. which will push GBP/USD short/medium term.

I follow the trend.. so i wont predict or analyze what will happen 2 days after.. Something special might come up

But right now, i see weakness in this pair.
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