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Cable Update (GBPUSD)

  • #69,821
  • Jun 10, 2008 9:18am Jun 10, 2008 9:18am
Quoting Gubster
i think it will test 19540 again today.
i will like for it to test 9469, but don't look like it will.
If I Go Broke Trying Then I Will die happy.
  • #69,822
  • Jun 10, 2008 9:21am Jun 10, 2008 9:21am
Quoting Moe
i will like for it to test 9469, but don't look like it will.

me too but dont think it will. but hopefully finish below 19540 to continue bearish channel
  • #69,823
  • Jun 10, 2008 9:24am Jun 10, 2008 9:24am
Quoting Gubster
me too but dont think it will. but hopefully finish below 19540 to continue bearish channel
are you saying this thing can continue to go even lower.
If I Go Broke Trying Then I Will die happy.
  • #69,824
  • Jun 10, 2008 9:26am Jun 10, 2008 9:26am
LONG TO 9650..............
I Deeply Love My Virtual Life In Virtual World , RLC
  • #69,825
  • Jun 10, 2008 9:28am Jun 10, 2008 9:28am
look like it's gonna test today low of 9530, this could be a good sign to break 9500
If I Go Broke Trying Then I Will die happy.
  • #69,826
  • Jun 10, 2008 9:30am Jun 10, 2008 9:30am
Quoting Moe
are you saying this thing can continue to go even lower.
yes i think it can. if you look at the daily chart it bounced nicely off the support and resistance lines. there is stronger support at 19540 but it has bounced off this today a few times and will break it to follow the channel down.

wll thats what i think
  • #69,827
  • Jun 10, 2008 9:32am Jun 10, 2008 9:32am
NO more news for today

the trend is still down

soon we will see 1.94
  • #69,828
  • Jun 10, 2008 9:38am Jun 10, 2008 9:38am
Quoting roslan1984
NO more news for today

the trend is still down

soon we will see 1.94

mark my words we will go through 19540 in next ten minutes
  • #69,829
  • Jun 10, 2008 9:38am Jun 10, 2008 9:38am
Quoting roslan1984
NO more news for today

the trend is still down

soon we will see 1.94
If I Go Broke Trying Then I Will die happy.
  • #69,830
  • Jun 10, 2008 9:40am Jun 10, 2008 9:40am
Quoting roslan1984
NO more news for today

the trend is still down

soon we will see 1.94
Rarely moves more than 300 pips a day. But still possible down between 1.9450 - 1.9475.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #69,831
  • Jun 10, 2008 9:43am Jun 10, 2008 9:43am
Quoting Gubster
mark my words we will go through 19540 in next ten minutes

  • #69,832
  • Jun 10, 2008 9:44am Jun 10, 2008 9:44am
Quoting manize
Rarely moves more than 300 pips a day. Maybe tomorrow or maybe no more down.

maybe no more down... lets pray...
  • #69,833
  • Jun 10, 2008 9:45am Jun 10, 2008 9:45am
Quoting Gubster
Hi Gubster,
Perfect calculation .... !!
So what next target price?
  • #69,834
  • Jun 10, 2008 9:46am Jun 10, 2008 9:46am
Quoting John Lo
Hi Gubster,
Perfect calculation .... !!
So what next target price?
thanks

if we sustain 19540 for the next 15 mins, which i think we will, then its sub 19500 by 4.30 uk close
  • #69,835
  • Jun 10, 2008 9:49am Jun 10, 2008 9:49am
Quoting nAVIN2007
maybe no more down... lets pray...
yes let pray it keep going down to 9469, .
If I Go Broke Trying Then I Will die happy.
  • #69,836
  • Jun 10, 2008 9:49am Jun 10, 2008 9:49am
Quoting Gubster
thanks

if we sustain 19540 for the next 15 mins, which i think we will, then its sub 19500 by 4.30 uk close
i'm new in this forum, may i know what cable is?
any indicator for MT4 platform?
thanks.
  • #69,837
  • Jun 10, 2008 9:51am Jun 10, 2008 9:51am
Quoting Moe
yes let pray it keep going down to 9469, .
its yur 50 lots pulling the sh*t down...thats the problem ..

are u going long then when the target is reached or u looking 1.8?
  • #69,838
  • Jun 10, 2008 9:54am Jun 10, 2008 9:54am
Quoting nAVIN2007
its yur 50 lots pulling the sh*t down...thats the problem ..

are u going long then when the target is reached or u looking 1.8?
no long at this time, i just close my last bit of lots, so im out for now.
If I Go Broke Trying Then I Will die happy.
  • #69,839
  • Jun 10, 2008 9:56am Jun 10, 2008 9:56am
hopefully 19540 will now become a resistance and this thing will head lower
  • #69,840
  • Jun 10, 2008 9:59am Jun 10, 2008 9:59am
'Cable' is the uk GBP pound. Called this because the rates used to be transmitted via the trans-atlantic cabling betwwen the UK and US.
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