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Cable Update (GBPUSD)

  • #54,681
  • Feb 19, 2008 2:39am Feb 19, 2008 2:39am
Quoting deboooo2005
Me too ... Welcome back Malaysia

Hehhehe... welcome back greetings Cheers Deboooo... actually I usually busy with MALAYSIA thread. That's why rarely see me here.
  • #54,682
  • Feb 19, 2008 2:41am Feb 19, 2008 2:41am
gbp/jpy new lows
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,683
  • Feb 19, 2008 2:44am Feb 19, 2008 2:44am
Quoting Malaysia
Traditionally... CABLE can range around 100pips to 200pips in a day. On rare occasions... can be more than 200pips... but rarely. Therefore... In a day... I just count how many pips Cable make from High or Low... then see if there's any SUPPORT or RESISTANCE around 100/200 pips range... and set TP there. Hence, DIY... you can do it yourself. I would rather give the Fishing Pole than giving the Fish straight away.

I rarely set TP automatically... I TP manually depends on PRICE ACTION and Fundamental News alert... If I see sign of Reversal... I TP quickly. Just wanna keep the Maximize Profit and Minimize Loss motto.
dont we all
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,684
  • Feb 19, 2008 2:49am Feb 19, 2008 2:49am
Quoting salah k.
gbp/jpy new lows
Free Fall Reaching 200 pips on the Green Commodity price is rising... Carry Trades should fall

Opsss... off topic.... concentrate on CABLE. Sorry....
Attached Image (click to enlarge)
Click to Enlarge Name: Chart760.PNG Size: 65 KB
  • #54,685
  • Feb 19, 2008 2:50am Feb 19, 2008 2:50am
check this out guys....
just anticipating if cable break 1.9400....
it could be 1.9260 area....

just my opinion...
Attached Image (click to enlarge)
Click to Enlarge Name: 19-2-08.gif Size: 17 KB
Never Give Up.....
  • #54,686
  • Feb 19, 2008 2:52am Feb 19, 2008 2:52am
I think you're hallucinating.
  • #54,687
  • Feb 19, 2008 2:53am Feb 19, 2008 2:53am
Quoting Qu|cksilver
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
=======

Everythin is possible in the market. Never develope an opinion about prices. Just do what market tells you to do.
  • #54,688
  • Feb 19, 2008 2:58am Feb 19, 2008 2:58am
....u answering the 1st post eh?
Quoting gebralic
=======

Everythin is possible in the market. Never develope an opinion about prices. Just do what market tells you to do.
  • #54,689
  • Feb 19, 2008 3:00am Feb 19, 2008 3:00am
Quoting gebralic
=======

Everythin is possible in the market. Never develope an opinion about prices. Just do what market tells you to do.
I hope that you do realize that quote dated Nov 2006... that was the price more than a year ago. Anyway.... nice advice you got there.

p/s: I miss Qs... he's still busy with fishing?
  • #54,690
  • Feb 19, 2008 3:02am Feb 19, 2008 3:02am
Quoting AmeriTrini
I think you're hallucinating.
is it for AmeriTrini?
okay then i'll take as an advise....
may be i'm to worry about this...
thanx.
Never Give Up.....
  • #54,691
  • Feb 19, 2008 3:06am Feb 19, 2008 3:06am
Fxdaily....
are you here? i see your username in list...
Never Give Up.....
  • #54,692
  • Feb 19, 2008 3:08am Feb 19, 2008 3:08am
geppy back again moving downwards
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,693
  • Feb 19, 2008 3:09am Feb 19, 2008 3:09am
Quoting Malaysia
Free Fall Reaching 200 pips on the Green Commodity price is rising... Carry Trades should fall

Opsss... off topic.... concentrate on CABLE. Sorry....
is this always the case?????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,694
  • Feb 19, 2008 3:14am Feb 19, 2008 3:14am
looks like a good time to short but im afraid its fundamentally not week so that might be a bad idea.
any advice
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,695
  • Feb 19, 2008 3:17am Feb 19, 2008 3:17am
Quoting salah k.
is this always the case?????????

You aware that there are lots of thread discussing Carry Trades and Geppy... why not ask that question there. Just feel unfair to discuss it in CABLE thread. Not appropriate. Anyway... when I trade Carry Trades during US session... I always have DJI chart on the side as well... along with GOLD and OIL. Most of the time (not 100% always) there is a direct correlation between Carry Trades and Stocks (DJI) ... and opposite correlation with commodities. That is from my observation so far. Just wanna share...

p/s: GbpJpy does affecting Cable as well sometimes...
  • #54,696
  • Feb 19, 2008 3:21am Feb 19, 2008 3:21am
Quoting Malaysia
You aware that there are lots of thread discussing Carry Trades and Geppy... why not ask that question there. Just feel unfair to discuss it in CABLE thread. Not appropriate. Anyway... when I trade Carry Trades during US session... I always have DJI chart on the side as well... along with GOLD and OIL. Most of the time (not 100% always) there is a direct correlation between Carry Trades and Stocks (DJI) ... and opposite correlation with commodities. That is from my observation so far. Just wanna share...
thnx for explaining that.
thats all i wanted to ask so that i can c wats the relation between them and cable so i think i cant ask that in their thread.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,697
  • Feb 19, 2008 3:52am Feb 19, 2008 3:52am
y isnt anyone commenting on this hike?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,698
  • Feb 19, 2008 3:54am Feb 19, 2008 3:54am
Quoting salah k.
y isnt anyone commenting on this hike?
I banked in what ever profit while still can... waiting for another Entry... If below Pivot short... above Long.
  • #54,699
  • Feb 19, 2008 4:00am Feb 19, 2008 4:00am
Quoting Malaysia
I banked in what ever profit while still can... waiting for another Entry... If below Pivot short... above Long.
my pivot is 19558 using fibo (38.2 retracement line) 4h

wats urs?????????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,700
  • Feb 19, 2008 4:09am Feb 19, 2008 4:09am
Quoting salah k.
my pivot is 19558 using fibo (38.2 retracement line) 4h

wats urs?????????????
Refer to the Cable chart I attached before... I do Daily Pivot... from US session close to US session Close. I got 1.9544. Just stick with whatever setting that profiting for you... don't follow others blindly. No right or wrong in analysis. The execution (Entry / EXIT) thats matters.
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