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Cable Update (GBPUSD)

  • #76,621
  • Jul 21, 2008 8:13am Jul 21, 2008 8:13am
Quoting Gubster
Bank of America posted better results than expected!! expect a small rally for GBP before it heads down!!!
that news was out at 12pm in london
Trading is 80% Emotional, 20% Technical
  • #76,622
  • Jul 21, 2008 8:18am Jul 21, 2008 8:18am
Quoting fxbroker
QS welcome back - maybe forexguru is back too.

hey man forgive my ignorance but what do u mean trading based on the word of GOD
don get me wrong im a big beleiver i just want to know how this can help ur trading especiallly in cable
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #76,623
  • Jul 21, 2008 8:43am Jul 21, 2008 8:43am
Quoting salah k.
hey man forgive my ignorance but what do u mean trading based on the word of GOD
don get me wrong im a big beleiver i just want to know how this can help ur trading especiallly in cable
So it is my signature again! , you have contacted me in the past,
you want to stir up another irrelevant arguments again. Just check all posts
by fxbroker in the past maybe you find answers or just hit PM

So what is the meaning of "what doesn't bankrupt me, makes me stronger" modern nietzche - does it help one trade good?
  • #76,624
  • Edited 8:57am Jul 21, 2008 8:44am | Edited 8:57am
im lost ....dunno whats going on ...up or down ...we definately right now stuck
gold is goin down and dollar if anything looks to be gaining strenth
  • #76,625
  • Jul 21, 2008 9:14am Jul 21, 2008 9:14am
Quoting nAVIN2007
im lost ....dunno whats going on ...up or down ...we definately right now stuck
gold is goin down and dollar if anything looks to be gaining strenth

my prediction Cable is going down to 1.9850 this week......
  • #76,626
  • Jul 21, 2008 9:25am Jul 21, 2008 9:25am
Quoting John Lo
my prediction Cable is going down to 1.9850 this week......
prediction is what get a person burned...technically chart are saying up but the bull power look weak....im just looking for this to go high as possible so i can sell ...make a home run!
  • #76,627
  • Jul 21, 2008 9:58am Jul 21, 2008 9:58am
with me now is DOWN !
I sell
  • #76,628
  • Jul 21, 2008 10:07am Jul 21, 2008 10:07am
sup guys
am out today
happy range for all
  • #76,629
  • Jul 21, 2008 10:37am Jul 21, 2008 10:37am
bon jovi putative billionaires -

so no news much (predicted) for the next couple of days

DOW holding up and oil holding down

US banks not as bad as predicted so far

Cable swanning around not able to break up through 2.00 reliably

seems like short territory if anything to me except for the daily channel which says up

With a contradiction like that I reckon it's intra day scalping time
  • #76,630
  • Jul 21, 2008 10:49am Jul 21, 2008 10:49am
i got to say after today i think ..shorting is better idea....
  • #76,631
  • Jul 21, 2008 10:59am Jul 21, 2008 10:59am
If this breaks 9990 or so, it should take off up
  • #76,632
  • Jul 21, 2008 12:05pm Jul 21, 2008 12:05pm
Quoting Allyourpips
were stuck in the 9900's so what that tells me once we get out of the 9900's that will be the trend for tommorow, if it hit 2.0000 expect it to go up if it hit 1.9800's expect it to go down. lets wait and see.
better down then, good for my acc., this 3 week is like hell for my acc.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #76,633
  • Jul 21, 2008 12:10pm Jul 21, 2008 12:10pm
Quoting notme32
better down then, good for my acc., this 3 week is like hell for my acc.
im with u with the short....i dunno i just dont feel confident to buy the pound at these levels....very confident with short...to the extent i can hold, but cant with the longs
  • #76,634
  • Jul 21, 2008 12:18pm Jul 21, 2008 12:18pm
I'm still long from 9900 area and see price challenging the 4hr falling tl .We sit on R1 and the weekly pivot looks like 2 is calling
Attached Image (click to enlarge)
Click to Enlarge Name: cable 15 min 21-07 no 2.gif Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #76,635
  • Jul 21, 2008 12:30pm Jul 21, 2008 12:30pm
Quoting Bones
I'm still long from 9900 area and see price challenging the 4hr falling tl .We sit on R1 and the weekly pivot looks like 2 is calling
welldone bro for holding .i entered around there myself but exited as i couldnt hold it together..hopefully come with time

nice one.....
Attached Image (click to enlarge)
Click to Enlarge Name: picturebmp.JPG Size: 150 KB
  • #76,636
  • Jul 21, 2008 1:21pm Jul 21, 2008 1:21pm
Well I'm I'm a bit concerned now Nav Its not exactly flying through tht 4 hr tl maybe down first but I do belive the daily pin will break even if its 10 pips
Actually just scaled out a bit and will buy the break.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #76,637
  • Jul 21, 2008 1:45pm Jul 21, 2008 1:45pm
pushing up towards the 2 level where we know it gets psychological

I am out for now in this tricky area
  • #76,638
  • Jul 21, 2008 1:49pm Jul 21, 2008 1:49pm
Quoting Bones
Well I'm I'm a bit concerned now Nav Its not exactly flying through tht 4 hr tl maybe down first but I do belive the daily pin will break even if its 10 pips
Actually just scaled out a bit and will buy the break.

i guess will have a anaswer when the next 4hr candle arrives...got a feeling it may be doji..what a slow day huh? ..if i had realised the day gonna be like this b4 the start i might have held.....
  • #76,639
  • Jul 21, 2008 1:53pm Jul 21, 2008 1:53pm
Quoting nAVIN2007
.what a slow day huh? .....

uh....huh...what? Oh sorry, must have dozed off.
  • #76,640
  • Jul 21, 2008 1:57pm Jul 21, 2008 1:57pm
I mean take the USDX looks bearish to me
Attached Image (click to enlarge)
Click to Enlarge Name: usdx 21-07.gif Size: 46 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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