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Cable Update (GBPUSD)

  • #80,121
  • Aug 5, 2008 8:18pm Aug 5, 2008 8:18pm
Quoting Mr PIP DADDY
Hey guys im thinking of shorting it at 60's 70's piviot is there but major Resistance up there whats the consencious?
it could work out. but id never short here. World of hurt potentially given this pairs historical tendency. but..
USD Est Non Mortuus
  • #80,122
  • Aug 5, 2008 8:23pm Aug 5, 2008 8:23pm
Quoting LuckyLurker
it could work out. but id never short here. World of hurt potentially given this pairs historical tendency. but..
Thanks my friend i appreicate your input do you think its better to be in a sell at 90's?
  • #80,123
  • Aug 5, 2008 8:31pm Aug 5, 2008 8:31pm
after those UK numbers we will test 95 maybe 9450 real soon
  • #80,124
  • Aug 5, 2008 8:43pm Aug 5, 2008 8:43pm
Allright off to bed alarms set ill see you guys in the am around 2-3ish est....

Good luck
  • #80,125
  • Aug 5, 2008 8:46pm Aug 5, 2008 8:46pm
Quoting Mr PIP DADDY
Thanks my friend i appreicate your input do you think its better to be in a sell at 90's?
yes.. I'm looking for shorts post 800's. You should make your own choices though of course. Don't take what anyone tells you as "in stone" advise. this is forex.
USD Est Non Mortuus
  • #80,126
  • Aug 5, 2008 10:02pm Aug 5, 2008 10:02pm
Looks like gbp usd is in a range....taking any breaks of highs or lows right now is not worth it in any direction. price is bouncing support and resistance. Whay I will be trading today is the breakout of the yellow box.....

If 1.9571 is taken expect alot of Buy stops to get trigger... as well as if 9519 goes out expect sell stops to be found....Price is also about to impact the smaller downtrend channel...(light green)
We are also at the low of a larger channel

Attached Image (click to enlarge)
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  • #80,127
  • Aug 5, 2008 11:31pm Aug 5, 2008 11:31pm
Fancy that, it's holding right on the bottom of that channel...doesn't mean it can't go lower though.
Attached Image (click to enlarge)
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  • #80,128
  • Aug 6, 2008 12:36am Aug 6, 2008 12:36am
Hmmmm. Very quiet.
MORNING GUYS
Hope u all make pips today. (U guys know I only mean those that holding long hey)
  • #80,129
  • Aug 6, 2008 12:55am Aug 6, 2008 12:55am
OK, three days of bleeding. Lets see if her ------ is over. Come up for air already.
Don't Get Bitter, Get Better
  • #80,130
  • Aug 6, 2008 12:59am Aug 6, 2008 12:59am
Quoting LuckyLurker
yes.. I'm looking for shorts post 800's. You should make your own choices though of course. Don't take what anyone tells you as "in stone" advise. this is forex.
once again u show wise thinking
  • #80,131
  • Aug 6, 2008 1:05am Aug 6, 2008 1:05am
Quoting NuB
OK, three days of bleeding. Lets see if her ------ is over. Come up for air already.
I'm hitting the pipe for that one!
Just digging in the trenches like everyone else!
  • #80,132
  • Aug 6, 2008 1:36am Aug 6, 2008 1:36am
Quoting eohater
I'm hitting the pipe for that one!
Whats up Eohater
Don't Get Bitter, Get Better
  • #80,133
  • Aug 6, 2008 1:45am Aug 6, 2008 1:45am
Quiet in here today!!
Keep It Simple Stupid
  • #80,134
  • Edited 2:01am Aug 6, 2008 1:48am | Edited 2:01am
what goes down gotta come up! is being proved once again... but peps are still trying to beat this through the floor ...

put the seat belts on guys

1.9615 if it passes this 1.97 should be seen ....
  • #80,135
  • Aug 6, 2008 2:11am Aug 6, 2008 2:11am
good morning guys
  • #80,136
  • Aug 6, 2008 2:15am Aug 6, 2008 2:15am
Quoting warta
good morning guys
top of the morning to you!
Keep It Simple Stupid
  • #80,137
  • Aug 6, 2008 2:19am Aug 6, 2008 2:19am
Is everyone ready for 450?
Don't Get Bitter, Get Better
  • #80,138
  • Aug 6, 2008 2:21am Aug 6, 2008 2:21am
possible move

Attached Image (click to enlarge)
Click to Enlarge Name: ch1.gif Size: 17 KB
  • #80,139
  • Aug 6, 2008 2:24am Aug 6, 2008 2:24am
Quoting warta
possible move

Attachment
bro is that a indicator....for the calender..if so i can u please send it to me..it will help me big time i always forgeting the news and with that in my face it will be very hard
  • #80,140
  • Aug 6, 2008 2:24am Aug 6, 2008 2:24am
Quoting Alastair
top of the morning to you!
tkx bro , hows u today ? ready for trade? its not easy today i think we r in a point where cable has to confirm his future move and form his trend so lets see how it will work
good luck
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