Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#72,061
Jun 24, 2008 2:02am Jun 24, 2008 2:02am

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

i guess there will be a trand today

most likely down trend,
so prepare to follow

#72,062
Jun 24, 2008 2:03am Jun 24, 2008 2:03am

tetis
Joined Sep 2007 | Status: Lion's Heart | 886 Posts

I took my first profit today and waiting for my other positions on oil & Gold

#72,063
Jun 24, 2008 2:07am Jun 24, 2008 2:07am

asyed4
| Joined Aug 2007 | Status: Trader | 508 Posts

Quoting fxdoc

Disliked

Which BULLISH NEWS are you referring to ???

Ignored

Euro French Consumer Spending at 2:45 am Eastern time....

I guess Cable is reaching 1.97'ssssssssssss

#72,064
Jun 24, 2008 2:11am Jun 24, 2008 2:11am

fxdoc
| Joined Nov 2007 | Status: Trader | 147 Posts

Both Cable & Euro did an impulsive wave down.

Today I am looking to sell ABC retracement on Cable @ 1.9685/1.9700.

#72,065
Jun 24, 2008 2:12am Jun 24, 2008 2:12am

ahlude
| Joined Aug 2006 | Status: Trader | 388 Posts

Quoting asyed4

Disliked

Euro French Consumer Spending at 2:45 am Eastern time....

I guess Cable is reaching 1.97'ssssssssssss

Ignored

If it can break weekly pivot, does it mean she will head north?

May the pips be with me !!!

#72,066
Jun 24, 2008 2:14am Jun 24, 2008 2:14am

forexmoments
| Commercial User | Joined Dec 2007 | 1,927 Posts

I am not sure sure about heading north so soon.

#72,067
Jun 24, 2008 2:16am Jun 24, 2008 2:16am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting forexmoments

Disliked

I am not sure sure about heading north so soon.

Ignored

i agreee ...

#72,068
Jun 24, 2008 2:17am Jun 24, 2008 2:17am

Coconut
| Joined Jun 2008 | Status: Trader | 62 Posts

3.00 here we come lollll

#72,069
Jun 24, 2008 2:21am Jun 24, 2008 2:21am

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

maybe head and shoulders pattern is developing on the 4hr frame,
but trend is up.

#72,070
Jun 24, 2008 2:27am Jun 24, 2008 2:27am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting tarektm

Disliked

maybe head and shoulders pattern is developing on the 4hr frame,
but trend is up.

Ignored

yes i agreee but going long after the weekly pivot...2 resistance areas to cross, monthly pivot also ..can easily reverse..yesterday candle was bearish .i thought going to the top for a test...wrong again it seems ...

or was I?

#72,071
Jun 24, 2008 2:33am Jun 24, 2008 2:33am

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

Quoting nAVIN2007

Disliked

yes i agreee but going long after the weekly pivot...2 resistance areas to cross, monthly pivot also ..can easily reverse..yesterday candle was bearish .i thought going to the top for a test...wrong again it seems ... or was I?

Ignored

i am waiting for the short

#72,072
Jun 24, 2008 2:44am Jun 24, 2008 2:44am

Coconut
| Joined Jun 2008 | Status: Trader | 62 Posts

yes very strong resistence on the month pivot

I took my profit for now

waiting for next move..

Edit: Gold is still rising tho

#72,073
Jun 24, 2008 2:57am Jun 24, 2008 2:57am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Coconut

Disliked

yes very strong resistence on the month pivot

I took my profit for now waiting for next move..

Edit: Gold is still rising tho

Ignored

this is why one must know what he is doing..cant always just go wit the flow...i think if its about probability....shorting is safe.....but these 180 flips getting rediculous to trade unless u willing to hold the position

#72,074
Jun 24, 2008 3:07am Jun 24, 2008 3:07am

amangking_81
| Membership Revoked | Joined Nov 2006 | 27 Posts

have anyone has some blog contain gbp/usd analisys? i wanna share mine

{Promotion Removed}

#72,075
Jun 24, 2008 3:14am Jun 24, 2008 3:14am

tetis
Joined Sep 2007 | Status: Lion's Heart | 886 Posts

another long 1.9669
t/p 30
s/l 30

#72,076
Jun 24, 2008 3:19am Jun 24, 2008 3:19am

xforex
| Joined Jun 2008 | Status: Trader | 6 Posts

Im still long since 1.9667,

reached 1st target of 9694 and moved stop 13 pips below entry, 2nd target is 1.9720 and will stop 10 pips under 9694 to 9684 and last target hopefully will reach there is 1.9775.

will see... good luck to all.

Cheers
xforex

#72,077
Jun 24, 2008 3:28am Jun 24, 2008 3:28am

TerpFan2
| Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts

Hey Gang,

I think we hit some Resistance and touched it
around 1.9703.

It's "Trickled Down" ever since...
Let's see how they like the Mortgage News!

Cheers!
Terrapin Pipper,

Jeff

I will work to Objectively Identify my Edges