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Cable Update (GBPUSD)

  • #90,961
  • Oct 10, 2008 4:00am Oct 10, 2008 4:00am
Quoting gagakrimba
Long at 1.6896
Lets see if i can make 200 pips today
hey, gaga.... wats ur SL and Target on this babe?
  • #90,962
  • Oct 10, 2008 4:01am Oct 10, 2008 4:01am
MNI Cable: Fundamental levels (orders, options, technicals)
$1.7100 Int.Day high (Asia)
$1.7050 Minor offers
$1.7020/30 Medium offers
$1.7000 Minor offers
$1.6980 Minor offers
$1.6950/60 Medium offers/Recovery highs off overnight lows $1.6781
$1.6935 ***Current market rate 0847GMT Friday
$1.6875/65 Medium demand
$1.6850/40 Minor demand
$1.6820 Medium demand
$1.6781 Int.Day low (Asia)
Trading is 80% Emotional, 20% Technical
  • #90,963
  • Oct 10, 2008 4:03am Oct 10, 2008 4:03am
but I am long @6939
Jesus Christ is my only Lord !
  • #90,964
  • Oct 10, 2008 4:04am Oct 10, 2008 4:04am
Quoting albashir
hey, gaga.... wats ur SL and Target on this babe?
SL 1.6825
TP 1.7125
  • #90,965
  • Oct 10, 2008 4:07am Oct 10, 2008 4:07am
It has broken S3 and reversed.
I presume it will go to at least pivot level now
  • #90,966
  • Oct 10, 2008 4:14am Oct 10, 2008 4:14am
man....gaga this babe looks tired and kind of losing steam to climb....i presume it heading down....
  • #90,967
  • Oct 10, 2008 4:17am Oct 10, 2008 4:17am
Quoting belidax
There is no spoon .....

@1.6xx touch down in 1 month ... not so bad huh ????
  • #90,968
  • Oct 10, 2008 4:32am Oct 10, 2008 4:32am
Quoting gagakrimba
Down and Up 20/30 pips within seconds....crazy !!!

hell, that is what it is!
  • #90,969
  • Oct 10, 2008 4:37am Oct 10, 2008 4:37am
If cable go up, from my history on my chart, no higher than 1.7245?

Anyone?
  • #90,970
  • Oct 10, 2008 4:49am Oct 10, 2008 4:49am
Quoting albashir
man....gaga this babe looks tired and kind of losing steam to climb....i presume it heading down....
Yeah it has lost its steam.
I just close my long post and stay out
  • #90,971
  • Oct 10, 2008 4:51am Oct 10, 2008 4:51am
Quoting gagakrimba
Yeah it has lost its steam.
I just close my long post and stay out
it touches the TL
Jesus Christ is my only Lord !
  • #90,972
  • Oct 10, 2008 4:55am Oct 10, 2008 4:55am
Quoting gagakrimba
Yeah it has lost its steam.
I just close my long post and stay out
haha i still short @1.791 my target @1.677 from 3 hours ago..hope me luck on this freaky friday gagak!
wish me luck!
  • #90,973
  • Oct 10, 2008 5:15am Oct 10, 2008 5:15am
Just newbies prediction
Attached Image (click to enlarge)
Click to Enlarge Name: gu prediction.jpg Size: 171 KB
There is no spoon ................
  • #90,974
  • Oct 10, 2008 5:25am Oct 10, 2008 5:25am
Quoting nangro
haha i still short @1.791 my target @1.677 from 3 hours ago..hope me luck on this freaky friday gagak!
you got burnt bebeh and i miss the chance
  • #90,975
  • Oct 10, 2008 5:31am Oct 10, 2008 5:31am
Quoting belidax
Just newbies prediction
IM THINKING 1a to 2b
  • #90,976
  • Oct 10, 2008 5:34am Oct 10, 2008 5:34am
Crazy....50 pips Down and Up in seconds
  • #90,977
  • Oct 10, 2008 5:38am Oct 10, 2008 5:38am
Quoting gagakrimba
you got burnt bebeh and i miss the chance
ok i retreat @.169 from this market !:nerd:
wish me luck!
  • #90,978
  • Oct 10, 2008 5:40am Oct 10, 2008 5:40am
Quoting gagakrimba
Crazy....50 pips Down and Up in seconds
still holding longs with 25 pips++

something i notice that when EU is up already will follow by GU

since eu just already up then down again im waiting gu up same as EU does

sorry bad english

{Promotion Removed}
  • #90,979
  • Oct 10, 2008 5:44am Oct 10, 2008 5:44am
Quoting nangro
ok i retreat @.169 from this market !:nerd:
It is going to 1.7XXX
  • #90,980
  • Oct 10, 2008 5:56am Oct 10, 2008 5:56am
LONDON, Oct. 10 (MNI) - Sterling came under strong, risk
aversion led pressure during Asian trade Friday, with cable extending
recent lows to $1.6781, breaking under $1.7000 for the first time in
five years.

Rate had managed to recover above $1.6800 into early European
trading, extending the correction to $1.6960 before momentum faltered.
Rate remains buoyed above $1.6900 ahead of the New York open.

Market liquidity has been described as exceedingly thin, with
orders tending to exaggerate react moves.

STERLING SUMMARY: Opened early Europe at $1.6860, stg0.8027
-- Sterling felt the full effects of risk aversion trade through the
Asian session Friday following the late sell-off on Wall Street,
with strong sales of sterling-yen weighing heavily on the pound. Rate
opened Asia around $1.7100 (session high), thin markets exaggerating
the move lower. Stops were triggered through $1.7050 and $1.7000, the
added momentum taking it to $1.6950, with an added push opening a
drop to lows of $1.6781. Rate recovered back above $1.6800, pivoting
around $1.6850 into early Europe, within an outside range of
$1.6820/85. Euro-sterling extended its recent rally, stops triggered
through stg0.7980, stg0.8000 taking it to stg0.8044. Cable pushed
above $1.6900 by mid morning, before finding resistance at $1.6950.
Rate then consolidated within a $1.6870/1.6950 range.
-- Cable bids $1.6880/70, $1.6850, $1.6820. Offers $1.6950/60, $1.6980
-- Euro-sterling stg0.8000, 0.7980. Offers stg0.8070/80, 0.8095/00
Trading is 80% Emotional, 20% Technical
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