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Cable Update (GBPUSD)

  • #52,541
  • Feb 7, 2008 3:48am Feb 7, 2008 3:48am
wait for the next news from BOE...
Never Give Up.....
  • #52,542
  • Feb 7, 2008 3:49am Feb 7, 2008 3:49am
Quoting jacobtrader
Hahha.. here comes another newbee
And foremost, i dont want anyone to listen my suggestions.. trade at your own risk.. i put up. what i see.. whats happening.. And i mentioned the insight report to you all.. that Data will be bad for GBP.. and it came.. now i have further more information on BOE interest rates..
yes, it is clear, your are sitting next to George Soros office...

  • #52,543
  • Feb 7, 2008 3:54am Feb 7, 2008 3:54am
I think that cable wont cross 19500 line before Interest rates, if in few hours period cable will touch 19510, then im long with tp 50 pips.
  • #52,544
  • Feb 7, 2008 4:03am Feb 7, 2008 4:03am
Quoting sDRs
I think that cable wont cross 19500 line before Interest rates, if in few hours period cable will touch 19510, then im long with tp 50 pips.
u could be right

i see a bullish pattern at 30 mins chart which aim hte 9500 then up little bit

but over all still bearish
Attached Image
  • #52,545
  • Feb 7, 2008 4:09am Feb 7, 2008 4:09am
SELL 3 minutes after 7:00am GBPInterest Rate Statement 5.25%5.50%

70 pips .....more down
  • #52,546
  • Feb 7, 2008 4:26am Feb 7, 2008 4:26am
im long @ 1.9516, tp 1.9565
  • #52,547
  • Feb 7, 2008 4:27am Feb 7, 2008 4:27am
Quoting FXdaily
SELL 3 minutes after 7:00am GBP Interest Rate Statement 5.25% 5.50%

70 pips .....more down
Fx, but if BOE leave interest rate that will be bullish for cable, unless you are talking about spike, which is completely posible
  • #52,548
  • Feb 7, 2008 4:37am Feb 7, 2008 4:37am
have to hedge my position.... again....
waiting for next long...
after BOE i guess...
Never Give Up.....
  • #52,549
  • Feb 7, 2008 4:42am Feb 7, 2008 4:42am
Quoting jacobtrader
Hahha.. here comes another newbee
And foremost, i dont want anyone to listen my suggestions.. trade at your own risk.. i put up. what i see.. whats happening.. And i mentioned the insight report to you all.. that Data will be bad for GBP.. and it came.. now i have further more information on BOE interest rates..

will we go down more?we already reach 1.9507
  • #52,550
  • Feb 7, 2008 4:44am Feb 7, 2008 4:44am
Quoting Bones
are you saying dailys are not good for trading ,thats funny cause I thought that was where the smart money is ?
bones, what i was saying was that sometimes, the daily chart give ur false trend feelling. when u always kept the big picture in mind. u then easily gives up the chance to profit from short trend.

Moreover, we need certain candle to close in full for daily chart formation, while u waiting the chance then is gone.

just like in the wilk's daily chart, the 19544 is the bottom, however short term that could as down to as much 19475 or even more.

I am sure everyone has different approach, but just u need a few more tools to profit from the market constantly
  • #52,551
  • Feb 7, 2008 4:47am Feb 7, 2008 4:47am
Quoting hilmiy2k
will we go down more?we already reach 1.9507
It will go to 1.9470 levels.. as i am analyziing.
  • #52,552
  • Feb 7, 2008 5:03am Feb 7, 2008 5:03am
Quoting jacobtrader
It will go to 1.9470 levels.. as i am analyziing.

ok jacobtrader of IKT
  • #52,553
  • Feb 7, 2008 5:15am Feb 7, 2008 5:15am
1.9515 13 LOT LONG
No SHORT before NEWs !!
Get LONG and hold it target 1.9610
We going UP with NEWs .!!!
  • #52,554
  • Feb 7, 2008 5:15am Feb 7, 2008 5:15am
Quoting jacobtrader
It will go to 1.9470 levels.. as i am analyziing.
i'm going long from 1.9515 with sl under 1.9470 then
  • #52,555
  • Feb 7, 2008 5:16am Feb 7, 2008 5:16am
Quoting jacobtrader
It will go to 1.9470 levels.. as i am analyziing.
19470 is not important, what important is that happen after 470
  • #52,556
  • Feb 7, 2008 5:24am Feb 7, 2008 5:24am
Quoting FXdaily
1.9515 13 LOT LONG
No SHORT before NEWs !!
Get LONG and hold it target 1.9610
We going UP with NEWs .!!!
you change your mind?
do you know something 'bout the news already?

seems like you sure there's no IR cut buddy...
ok then... 1.9600..
Never Give Up.....
  • #52,557
  • Feb 7, 2008 5:26am Feb 7, 2008 5:26am
Quoting lessy
you change your mind?
do you know something 'bout the news already?

seems like you sure there's no IR cut buddy...
ok then... 1.9600..
Yes put target 1.9610 and HOLD ON
  • #52,558
  • Feb 7, 2008 5:29am Feb 7, 2008 5:29am
Hi everyone, could anyone tell me what does 1.9470 level mean? any fibo? S/R level?

At the moment I see that bottom will be 1.9493
  • #52,559
  • Feb 7, 2008 5:33am Feb 7, 2008 5:33am
Quoting albertotralzt
Hi everyone, could anyone tell me what does 1.9470 level mean? any fibo? S/R level?

At the moment I see that bottom will be 1.9493
Nothing there i read out nothing...
Must be suüpport and resistance thats says u too nothing ..that text is bull shtt dont just read it ....
  • #52,560
  • Feb 7, 2008 5:37am Feb 7, 2008 5:37am
Quoting FXdaily
Nothing there i read out nothing...
Must be suüpport and resistance thats says u too nothing ..that text is bull shtt dont just read it ....
I see nothing either, maybe small support from January 23.
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