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Cable Update (GBPUSD)

  • #53,081
  • Feb 12, 2008 3:57am Feb 12, 2008 3:57am
Quoting ghous
oh no! what are you saying....i am all confused! is the cable going to go up!!!
what do u say @abuawad
  • #53,082
  • Feb 12, 2008 3:58am Feb 12, 2008 3:58am
Quoting AmeriTrini
not so fast.


it seem cable have a good support at 1.9435
  • #53,083
  • Feb 12, 2008 3:58am Feb 12, 2008 3:58am
Quoting ghous
oh no! what are you saying....i am all confused! is the cable going to go up!!!
before trading real money in forex you must to learn the most important. money are placed in forex every minute , when there is a big volume banks are trading the opposite direction to get this money from retail traders. Now the money are taken with the short position of 100 pips, there is no any reason for the price to go more down. Retail traders will prepare for shorts but banks will take their money again with their long position. surely banks will not place any order for long position if no volume.
  • #53,084
  • Feb 12, 2008 4:00am Feb 12, 2008 4:00am
Quoting ghous
oh no! what are you saying....i am all confused! is the cable going to go up!!!
stick to your strategy... if u have any...
should hit your TP or SL.. that's all
  • #53,085
  • Feb 12, 2008 4:00am Feb 12, 2008 4:00am
Quoting forexguru
close your short and prepare for long cable.
Man dont u see want i say something tommorrow we ride more 100 pipses down with NEWs why LONG here day end today 1,93 area and tommorrow is 1,9225 target thinkable...
  • #53,086
  • Feb 12, 2008 4:03am Feb 12, 2008 4:03am
Quoting FXdaily
Man dont u see want i say something tommorrow we ride more 100 pipses down with NEWs why LONG here day end today 1,93 area and tommorrow is 1,9225 target thinkable...
because I told you the reason already above
  • #53,087
  • Feb 12, 2008 4:04am Feb 12, 2008 4:04am
Quoting T 1 Ti
what do u say @abuawad
check this out
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 45 KB
  • #53,088
  • Feb 12, 2008 4:05am Feb 12, 2008 4:05am
Quoting forexguru
because I told you the reason already above
Then i wish u best of luck i keep holding SHORT
  • #53,089
  • Feb 12, 2008 4:06am Feb 12, 2008 4:06am
Quoting Abuawad
check this out
Look ur ADX and Trend CCI
  • #53,090
  • Feb 12, 2008 4:13am Feb 12, 2008 4:13am
Quoting FXdaily
Look ur ADX and Trend CCI
we have these point as stroong support 1.9440 & 1.9385, I was short from 1.9537 to 1.9450 , and now long from 1.9463 to 1.9502 & more...
each down to the support area i'll add long
  • #53,091
  • Feb 12, 2008 4:14am Feb 12, 2008 4:14am
me too, i'll just hold my short, my tp is'nt too far, i am sure it will go down maybe not much but enough to hit my tp, i won't close my postion at this loss state, my equity should bear with me!
I believe . . .
  • #53,092
  • Feb 12, 2008 4:16am Feb 12, 2008 4:16am
1.9480 Last Call Short
  • #53,093
  • Feb 12, 2008 4:17am Feb 12, 2008 4:17am
It looks like it can go sideways or up a little and then down again. If it reaches around 1.95 soon then short for me. Just in a simulator.
  • #53,094
  • Feb 12, 2008 4:18am Feb 12, 2008 4:18am
Quoting Abuawad
we have these point as stroong support 1.9440 & 1.9385, I was short from 1.9537 to 1.9450 , and now long from 1.9463 to 1.9502 & more...
each down to the support area i'll add long
Till this time i looked ur wery good trader but now u puted point and i look u now little different glance
  • #53,095
  • Feb 12, 2008 4:21am Feb 12, 2008 4:21am
Quoting FXdaily
Till this time i looked ur wery good trader but now u puted point and i look u now little different glance
do you give ratings as well ?
  • #53,096
  • Feb 12, 2008 4:22am Feb 12, 2008 4:22am
There wil be a drop today in GU in NY Session.
  • #53,097
  • Feb 12, 2008 4:23am Feb 12, 2008 4:23am
Quoting FXdaily
Till this time i looked ur wery good trader but now u puted point and i look u now little different glance
that's fine with me i'll short from good point like 1.9500 & 1.9530
  • #53,098
  • Feb 12, 2008 4:23am Feb 12, 2008 4:23am
so you mean it will go up to 1,9502 then go down again

sorry to much question, because i almost blown my 3rd real acc
  • #53,099
  • Feb 12, 2008 4:23am Feb 12, 2008 4:23am
Any Rally is a good place to Short..
GU is likely to fall at 1.9380 levels..
Crossing that confirms 1.9300 zone.

And as i have been telling repeatedly we are in Bearish.. I dont see any signs of Bullish in this Pair .. regarding to Fundamentals as well Technicals..
  • #53,100
  • Feb 12, 2008 4:24am Feb 12, 2008 4:24am
Quoting forexguru
do you give ratings as well ?
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