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Cable Update (GBPUSD)

  • #80,721
  • Aug 7, 2008 4:24pm Aug 7, 2008 4:24pm
Quoting Infinity
Long???

I reckon not yet....
  • #80,722
  • Aug 7, 2008 5:14pm Aug 7, 2008 5:14pm
Well im thinking we got to test the range low.Got a small order there and any sign of bullishness I will buy.
Market is at its weekly limit but with this kind of movement ...
Attached Image (click to enlarge)
Click to Enlarge Name: cable 7 aug.gif Size: 33 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,723
  • Aug 7, 2008 5:27pm Aug 7, 2008 5:27pm
:nerd:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD has recovered quite well.png Size: 67 KB
Click to Enlarge Name: Sterling-dollar.png Size: 22 KB
  • #80,724
  • Aug 7, 2008 5:50pm Aug 7, 2008 5:50pm
Quoting Carrera
:nerd:
Near term = bearish
Midd term = bearish

Scalp term = bullish
Assian sesion term= bullish

  • #80,725
  • Aug 7, 2008 6:08pm Aug 7, 2008 6:08pm

In order to Cable keep going down, a retracement long @ 38% fibo could be a nice scalping trade.

Then the fall again to 161% fibo. See chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 161.8 Fibo.png Size: 58 KB
Click to Enlarge Name: USD has recovered quite well.png Size: 67 KB
  • #80,726
  • Aug 7, 2008 7:12pm Aug 7, 2008 7:12pm
  • #80,727
  • Aug 7, 2008 7:20pm Aug 7, 2008 7:20pm
Quoting AmeriTrini
NO CRAP GOT UP TO MAKE COFFEE....I WAS WATCHING THE YEN RANGE FIGURED IT WASN'T GOING TO MOVE FOR ONE MORE CANDLE ON THE ONE HR
  • #80,728
  • Aug 7, 2008 7:20pm Aug 7, 2008 7:20pm
Quoting sblank
NO CRAP GOT UP TO MAKE COFFEE....I WAS WATCHING THE YEN RANGE FIGURED IT WASN'T GOING TO MOVE FOR ONE MORE CANDLE ON THE ONE HR

!!!!!!!!!!!!!!!!!!!!!!!

i'm speechless!!
  • #80,729
  • Aug 7, 2008 7:24pm Aug 7, 2008 7:24pm
What a global crisis. What was happened with US 6 months ago, is happenning now to the rest of the wolrd. Panic!
  • #80,730
  • Aug 7, 2008 7:24pm Aug 7, 2008 7:24pm
Quoting AmeriTrini
!!!!!!!!!!!!!!!!!!!!!!!

i'm speechless!!
dollar just pulled back on the yen to a graveyard doji so far. pound not moving
  • #80,731
  • Aug 7, 2008 7:25pm Aug 7, 2008 7:25pm
too frick'n early
  • #80,732
  • Aug 7, 2008 7:26pm Aug 7, 2008 7:26pm
Yep...wasn't expecting that at the Asian Open.

Euro took a big hit also.

HOLLA
  • #80,733
  • Aug 7, 2008 7:26pm Aug 7, 2008 7:26pm
Quoting 5ysfx
long at 9432 sl below 1.94


last time my long last very short time but i save 25 pips luckily
This time looks more stable.
The trend is your friend until it bends. Write that down. For now, sell all rallies.
  • #80,734
  • Aug 7, 2008 7:30pm Aug 7, 2008 7:30pm
30 magic minutes and counting
  • #80,735
  • Aug 7, 2008 7:30pm Aug 7, 2008 7:30pm
the gbp is total gone now................

im long 40 45 and 50 and now eating it bad....

when will we see an end......
  • #80,736
  • Aug 7, 2008 7:31pm Aug 7, 2008 7:31pm
Could this be the Black Friday for Sterling? I mean we already have breakouts in Yen, Swissy, Kiwi and Aussie, so Euro and Sterling was just a matter of time...nevertheless legs crossed for 9330 to hold.
  • #80,737
  • Aug 7, 2008 7:34pm Aug 7, 2008 7:34pm
Hello??!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: daily.JPG Size: 154 KB
  • #80,738
  • Aug 7, 2008 7:34pm Aug 7, 2008 7:34pm
Quoting Mr PIP DADDY
the gbp is total gone now................

im long 40 45 and 50 and now eating it bad....

when will we see an end......
I was counting pips on the long down weekly march the 24. To check on down possibilities that candle was about 400 pips on a big move.
  • #80,739
  • Aug 7, 2008 7:36pm Aug 7, 2008 7:36pm
AH HA........... hit target my oh my 412.........912,812,712,612,512..........
I Deeply Love My Virtual Life In Virtual World , RLC
  • #80,740
  • Aug 7, 2008 7:43pm Aug 7, 2008 7:43pm
Ok navin2007 this looks frightening?
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