"what doesn't bankrupt me, makes me stronger" modern nietzche
Cable Update (GBPUSD)
- #53,863
- Feb 15, 2008 2:52am Feb 15, 2008 2:52am
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
No. This was eating up the stops in European Session.
Technically this pair is Bearish. And i still vision a Big Drop..
Current prices are good place to short as well..
There is no news at all.. favoring this upside.. and Technical suggests for a Huge drop..
BOOOMM!!! do i hear that, lots of Bullish people here are cutting there losses now.
And its good many clever people are around, who knew the trend is BEARISH.
A nice 60 Pip, with a near term being bearish still (TECHNICALLY).
P.S. I didnt message whole day, as i have been preparing for next class, as well i prefer ignoring many Bullish newbies
:
dont be afraid.. just count how many bars are bullish and how many bars are bearish.. 15 minutes bar.. and then you will see where is trend.
- #53,875
- Feb 15, 2008 3:08am Feb 15, 2008 3:08am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #53,876
- Feb 15, 2008 3:08am Feb 15, 2008 3:08am
CONGRATULATION to this man...
1.9631 (high 12 feb) should hold intraday dips favoring the upside target of 1.9761 (high 05 Feb) / 1.9785 (high 04 Feb) and probably 1.9820 (3 month bearish trendline) before we see any weakness in cable. Only a breach below 1.9614 (low yesterday) will change my view - #53,877
- Feb 15, 2008 3:08am Feb 15, 2008 3:08am
[quote=jacobtrader;1852945]Hoho hehehe.
BOOOMM!!! do i hear that, lots of Bullish people here are cutting there losses now.
And its good many clever people are around, who knew the trend is BEARISH.
A nice 60 Pip, with a near term being bearish still (TECHNICALLY).
P.S. I didnt message whole day, as i have been preparing for next class, as well i prefer ignoring many Bullish newbies:[/qu
jacobtrader is big mouth, he always predict a big drop .. but it seldom come true ..Those who want to burn their account can follow his advise
BOOOMM!!! do i hear that, lots of Bullish people here are cutting there losses now.
And its good many clever people are around, who knew the trend is BEARISH.
A nice 60 Pip, with a near term being bearish still (TECHNICALLY).
P.S. I didnt message whole day, as i have been preparing for next class, as well i prefer ignoring many Bullish newbies
:[/qujacobtrader is big mouth, he always predict a big drop .. but it seldom come true ..Those who want to burn their account can follow his advise
- #53,879
- Feb 15, 2008 3:09am Feb 15, 2008 3:09am
For simplicity the cable almost retraced 61.8& fibo (from a high of 1.9955, 30 Jan to a low of 1.9386, 07 Feb) yesterday @ 1.9740. This positive momentum is expected to continue where 1.9664 (high 13 feb) all the way down to 1.9631 (high 12 feb) should hold intraday dips favoring the upside target of 1.9761 (high 05 Feb) / 1.9785 (high 04 Feb) and probably 1.9820 (3 month bearish trendline) before we see any weakness in cable. Only a breach below 1.9614 (low yesterday) will change my view.....just my 2 cents let's see how it goes!