Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#71,461
Jun 19, 2008 3:12am Jun 19, 2008 3:12am

B@by trader
| Joined Jan 2008 | Status: Trader | 730 Posts

Quoting for_idea

Disliked

GC

let it up to 2.05

Ignored

for_idea I also trade gc but I think a new high gonna be make.see my thread
http://www.forexfactory.com/showthre...87#post2063787

#71,462
Jun 19, 2008 3:23am Jun 19, 2008 3:23am

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Quoting Abuawad

Disliked

I agree with you Warta, it's not clear yet if it's really uptrend. specialy the cable perform at 1.9645 on my chart its kind of resistant fibo fan. also its near to the uplimit of the down trend channel that we have in the last two weeks.
for my self i'll check it after the news issued

Ignored

Abuawad good morning bro

anyway we r on OB 4 h and 1 h chart and it show a hidden diverg trend pointing down plus the strong R/S @ 640 area
well am not sure the up trend can continue only if we have positif number retail sale

#71,463
Jun 19, 2008 3:31am Jun 19, 2008 3:31am

Abu-Rami
Joined Jul 2007 | Status: Senior Member | 1,553 Posts

what a move

#71,464
Jun 19, 2008 3:32am Jun 19, 2008 3:32am

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Quoting Abuawad

Disliked

what a move

Ignored

lol yeah suer positif number 3.5

#71,465
Jun 19, 2008 3:33am Jun 19, 2008 3:33am

fx local
| Joined Dec 2007 | Status: Senior Member | 1,461 Posts

Quoting Abuawad

Disliked

what a move

Ignored

8.5% sales yoY

3.5% mom WOW huge figures

Trading is 80% Emotional, 20% Technical

#71,466
Jun 19, 2008 3:46am Jun 19, 2008 3:46am

MasAdhi
| Joined Sep 2007 | Status: Money Farmer AKA petani duid | 135 Posts

whose account that blow up now?

Keep Learning and you'll get what you want...

#71,467
Jun 19, 2008 3:48am Jun 19, 2008 3:48am

tarektm
| Joined Apr 2008 | Status: Forex Freedom | 300 Posts

Quoting MasAdhi

Disliked

whose account that blow up now?

Ignored

i am still waiting for the short.

the price couldn't pass the Weekly Fibo upper channel ... ( Yet

)

#71,468
Jun 19, 2008 3:48am Jun 19, 2008 3:48am

B@by trader
| Joined Jan 2008 | Status: Trader | 730 Posts

Quoting MasAdhi

Disliked

whose account that blow up now?

Ignored

I just close my cable long I really blew it
p/s:my yesterday long.

I also blew gbp/chf

#71,469
Jun 19, 2008 3:51am Jun 19, 2008 3:51am

datogio
| Joined Apr 2008 | Status: Intelligent Monkey | 304 Posts

Quoting MasAdhi

Disliked

whose account that blow up now?

Ignored

Think I'm on my way

#71,470
Jun 19, 2008 3:53am Jun 19, 2008 3:53am

fxswing
| Joined Aug 2006 | Status: Trader | 1,355 Posts

Shorted cable 1.9701, target 1.9590...

Getting it right is NOT as important as not getting it wrong.

#71,471
Jun 19, 2008 3:55am Jun 19, 2008 3:55am

tarektm
| Joined Apr 2008 | Status: Forex Freedom | 300 Posts

Quoting fxswing

Disliked

Shorted cable 1.9701, target 1.9590...

Ignored

May i suggest that if the price reaches the 1.9590 you move your stop to 1.9660, and put your target to 1.9540?

#71,472
Jun 19, 2008 3:56am Jun 19, 2008 3:56am

bodra
| Joined May 2007 | Status: Trader | 82 Posts

Seems to be bouncing off both the Weekly R1 pivot and the top of a month long down trending channel. I don't think it has the legs. The Dollar ain't done yet.

#71,473
Jun 19, 2008 4:00am Jun 19, 2008 4:00am

fxswing
| Joined Aug 2006 | Status: Trader | 1,355 Posts

Quoting tarektm

Disliked

May i suggest that if the price reaches the 1.9590 you move your stop to 1.9660, and put your target to 1.9540?

Ignored

Could be a good idea, but for me it would be not following my system and be greedy (a major, no-no for me).
So I will keep my planned target, but I'm not saying that 1.9540 is not achievable.

Getting it right is NOT as important as not getting it wrong.