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Cable Update (GBPUSD)

  • #59,601
  • Mar 26, 2008 11:49pm Mar 26, 2008 11:49pm
Good Day

i short yesterday night @ 2.0094 ... still open ...we now is selling area 2.0054
  • #59,602
  • Mar 27, 2008 12:08am Mar 27, 2008 12:08am
Maybe debooo !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #59,603
  • Mar 27, 2008 12:11am Mar 27, 2008 12:11am
Hi Abuawad,

Happy birthday. How do I use the analysis, could you kindly explain please. Thanks
  • #59,604
  • Mar 27, 2008 12:17am Mar 27, 2008 12:17am
Quoting deboooo2005
Good Day

i short yesterday night @ 2.0094 ... still open ...we now is selling area 2.0054
my main target 1.9852
  • #59,605
  • Mar 27, 2008 12:39am Mar 27, 2008 12:39am
Quoting Bones
I closed out one of my lower longs. Overall I think direction is north still. The daily pin we had is not something that plays out in a few days. I mean it is not over yet.
agree. long 2.0060 stop 40pip, tp 200

will put stop at be if it goes above 100
  • #59,606
  • Mar 27, 2008 12:41am Mar 27, 2008 12:41am
Droped my 2.0075 at BE and re entered on daily pivot
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,607
  • Mar 27, 2008 12:59am Mar 27, 2008 12:59am
My mistake that pivot buy wasnt triggered,just looked like it,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,608
  • Mar 27, 2008 1:33am Mar 27, 2008 1:33am
hi guys, 1st time reading your thread

do you agree cable today is to up?

if yes what in your opinion is the target

tks
  • #59,609
  • Mar 27, 2008 1:46am Mar 27, 2008 1:46am
we've got now strong resistance at one of the monthly pivot points, and it's also double top formation. Let's wait for the break out.
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  • #59,610
  • Mar 27, 2008 1:47am Mar 27, 2008 1:47am
at which point is the resistance point?

Quoting magictrader
we've got now strong resistance at one of the monthly pivot points, and it's also double top formation. Let's wait for the break out.
  • #59,611
  • Mar 27, 2008 2:24am Mar 27, 2008 2:24am
I think now its time to sell the pound.
  • #59,612
  • Mar 27, 2008 2:28am Mar 27, 2008 2:28am
Yesterday Mervyn King signals that BoE will cut rates in April.
  • #59,613
  • Mar 27, 2008 2:36am Mar 27, 2008 2:36am
Quoting magictrader
Yesterday Mervyn King signals that BoE will cut rates in April.
Well that was not new news to me. It was already said by the BOE earlier in the year.
I fully expected a cut this month it still leaves a interest rate diff though.
I would admit we are at a junction
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,614
  • Mar 27, 2008 2:47am Mar 27, 2008 2:47am
there seems to be a strong upward movement however, think its good to short cable right now? what time frame would that be based on pls?
  • #59,615
  • Mar 27, 2008 2:57am Mar 27, 2008 2:57am
I think the reason this is a junction is
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,616
  • Mar 27, 2008 2:58am Mar 27, 2008 2:58am
4hr & daily chart

Quoting adrianebn
there seems to be a strong upward movement however, think its good to short cable right now? what time frame would that be based on pls?
  • #59,617
  • Mar 27, 2008 3:04am Mar 27, 2008 3:04am
right now its hovering around the 200SMA, might go down again or breakout above too however

Quoting Popkey
4hr & daily chart
  • #59,618
  • Mar 27, 2008 3:05am Mar 27, 2008 3:05am
It's good chance to buy GU, what do you think?
  • #59,619
  • Mar 27, 2008 3:07am Mar 27, 2008 3:07am
Quoting tomaz55
agree. long 2.0060 stop 40pip, tp 200

will put stop at be if it goes above 100
put stop at be +5 pips, will let it run up to 200
  • #59,620
  • Mar 27, 2008 3:10am Mar 27, 2008 3:10am
I'm sure its going to drop hard today.. just watch.
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