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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

No worry, I scalped when I saw her coming up to pee on my doorstep.

Quoting PowerTrader
I closed that position at 1.5265.
Ride the Bulls bearback!
Quoting PowerTrader
I think that could be a very good call. It will be very interesting to see if bad news hurts the dollar or helps this time. Providing the news is bad. But I agree the 61.8 would be a great area to turn if it is going to do so.
actually i bought already the 50% fib looks like a good support and there was a fair bit of activity around there.i liked the reaction
I am nervously querying that too, but it still seems to dent the equities confidence and since cable is mirroring the turns in equities I can't see cable going up if the Dow plunges on those results.


Quoting PowerTrader
I think that could be a very good call. It will be very interesting to see if bad news hurts the dollar or helps this time. Providing the news is bad. But I agree the 61.8 would be a great area to turn if it is going to do so.
Ride the Bulls bearback!
Quoting Alastair
is that around 1.5200?

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Is it North?
I bought at 1.5257...
Learning, is a never ending processs...
i certainly got it htere...stoped out
Quoting nAVIN2007
i certainly got it htere...stoped out
wrong bus nav... let's see if the next one takes us where we want
hi guys..anybody going long?are we looking for new high today..
thanx for the chart navin.
Keep It Simple Stupid
I am looking to go long around 1.5185 but that is just me.
Dont take my word for it since I am still a newbe.
im staying on the side today... 2 trades -2 +0 ... lol sideways suck. wish i left that short from yesterday
When life gives you lemons, make lemonade
digesting
Lets Soar The Sky
Currently setting on or around support from high of Nov 19 and it looks to be holding for now. I was hoping for something to help make a decision and I have not seen it yet. Good time to sit on your hands, I think.

PT
Zone Breakout Method
Quoting "expert"
5300 now.I have new targets 5240,5200
Anyone who want s to buy arround 5200 watch out.If my 4 hr candle close below gann 5197 longs are bad in my thinking no metter what your emas say.

so will not close this short until i see on 15 m minimum clean sign for buy and will wait new 4 hr candle to see momentum and stoch and closing point

see ya


So the news were mixed Core Durable Goods Orders m/m were worse than expected and Unemployment Claims were better.

Still waiting for that bus....
Quoting "expert"
Anyone who want s to buy arround 5200 watch out.If my 4 hr candle close below gann 5197 longs are bad in my thinking no metter what your emas say.

so will not close this short until i see on 15 m minimum clean sign for buy and will wait new 4 hr candle to see momentum and stoch and closing point

see ya
It's not the ema's dictating this long it's Mr Fibonacci himself!

I don't use Ganns, don't even know how to, but please keep us posted.

Thanks
Quoting soartosky
digesting
Arent you suppose to do that AFTER you eat the turkey?
It's actually a fundamental equities rally. Long at 15274. Hopefully it lasts but I still think there is a big short to come so keep an eye on the Dow, S&P.



Quoting Vourvoul
It's not the ema's dictating this long it's Mr Fibonacci himself!

I don't use Ganns, don't even know how to, but please keep us posted.

Thanks
Ride the Bulls bearback!
Quoting PowerTrader
Currently setting on or around support from high of Nov 19 and it looks to be holding for now. I was hoping for something to help make a decision and I have not seen it yet. Good time to sit on your hands, I think.

PT
Agreed - My trend line shows support (top of channel) around 1.5240 ish

Hopefull ywe will go back up to around 1.5420ish
any1 on the long bus here i got in a 1.5250
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