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Cable Update (GBPUSD)

  • #102,161
  • Nov 28, 2008 8:15am Nov 28, 2008 8:15am
Quoting plumiash
hmmm.. like this??
i dunno how far we will go down before the bulls take another last breath to catch my position...
When life gives you lemons, make lemonade
  • #102,162
  • Nov 28, 2008 8:16am Nov 28, 2008 8:16am
Quoting Infinity
You know...
I am really beginning to think this is the end of the rally.... If we get back above this trendline then no... but with the rate statements coming up next week this could be interesting...
I think this scenario is the most likely at the moment and it involves little risk. As I said... if we get a day close above the trendline, I would reconsider this.. but until then.....
Attached Image (click to enlarge)
Click to Enlarge Name: day.gif Size: 21 KB
Patience + Discipline - Greed = Success
  • #102,163
  • Nov 28, 2008 8:16am Nov 28, 2008 8:16am
ill look for exit between 5287 and 5260
When life gives you lemons, make lemonade
  • #102,164
  • Nov 28, 2008 8:17am Nov 28, 2008 8:17am
Quoting MoForce
Careful with those shorts.... we might see a bounce around 1.5300
1.54 you mean, thats very possible thats why i hope they suffocate soon
When life gives you lemons, make lemonade
  • #102,165
  • Nov 28, 2008 8:18am Nov 28, 2008 8:18am
Quoting Infinity
I think we will be going much much lower than that next week..Today's close will tell the story... but with rate statements coming up.... I am thinking...
I am with you one that one!!!
  • #102,166
  • Nov 28, 2008 8:20am Nov 28, 2008 8:20am
now thats some serious tanking
When life gives you lemons, make lemonade
  • #102,167
  • Nov 28, 2008 8:25am Nov 28, 2008 8:25am
Quoting micho
1.54 you mean, thats very possible thats why i hope they suffocate soon
No as in 1.5300 now... a hard bounce from there to the upside could lead G/U all the way to 1.5500
  • #102,168
  • Nov 28, 2008 8:27am Nov 28, 2008 8:27am
Quoting MoForce
No as in 1.5300 now... a hard bounce from there to the upside could lead G/U all the way to 1.5500
i dunno... i hope not
When life gives you lemons, make lemonade
  • #102,169
  • Nov 28, 2008 8:29am Nov 28, 2008 8:29am
Quoting MoForce
No as in 1.5300 now... a hard bounce from there to the upside could lead G/U all the way to 1.5500
could you tell me more story about that plan? :nerd:
  • #102,170
  • Nov 28, 2008 8:29am Nov 28, 2008 8:29am
Anyone here wants to bet with me?
Sell G/U now at 1.5356 and next week GU will be 1.45. You will make around 800 pip ok ?
Give me patience
  • #102,171
  • Nov 28, 2008 8:29am Nov 28, 2008 8:29am
I went Long at 1.5320 with a stop at +2 pips
  • #102,172
  • Nov 28, 2008 8:32am Nov 28, 2008 8:32am
still open here from +70 to +20 and maybe to zero... i ain't closing this... now suffocate bulls and go down, suffocate slowly
When life gives you lemons, make lemonade
  • #102,173
  • Nov 28, 2008 8:33am Nov 28, 2008 8:33am
Quoting micho
still open here from +70 to +20 and maybe to zero... i ain't closing this... now suffocate bulls and go down, suffocate slowly
It's possible... it's up to the Americans now =P
  • #102,174
  • Nov 28, 2008 8:35am Nov 28, 2008 8:35am
now its stating to make long wicks from both sides.. its gonna explode soon in one way... and it wont be north
When life gives you lemons, make lemonade
  • #102,175
  • Nov 28, 2008 8:36am Nov 28, 2008 8:36am
Quoting plumiash
could you tell me more story about that plan? :nerd:
It's just bouncing off the 61.8% fibs on the 15min chart and my daily chart has a slight bullish bias
  • #102,176
  • Nov 28, 2008 8:36am Nov 28, 2008 8:36am
Quoting micho
still open here from +70 to +20 and maybe to zero... i ain't closing this... now suffocate bulls and go down, suffocate slowly
Hello man, last friday I've been got burn -100 pips due to take short about 4 hours before closing time where almost of tradder said it will go huge down ! Becarefull because today is friday ! Btw long tem view is OK still down !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #102,177
  • Nov 28, 2008 8:36am Nov 28, 2008 8:36am
Quoting MoForce
It's possible... it's up to the Americans now =P
maybe the Americans are taking a break today because they ate too much turkey yesterday
When life gives you lemons, make lemonade
  • #102,178
  • Nov 28, 2008 8:37am Nov 28, 2008 8:37am
If we get enough people on this forum to short, we can kill off the bulls
Probability Professor
  • #102,179
  • Nov 28, 2008 8:38am Nov 28, 2008 8:38am
Quoting manize
Hello man, last friday I've been got burn -100 pips due to take short about 4 hours before closing where almost tradder said it will go huge down ! Becarefull because today is friday !
thanks man.. my stop is at BE so worst case senario i get 0$
When life gives you lemons, make lemonade
  • #102,180
  • Nov 28, 2008 8:38am Nov 28, 2008 8:38am
Quoting micho
now its stating to make long wicks from both sides.. its gonna explode soon in one way... and it wont be north
Yeah got my shorts in too so waiting for the explosion, it better be good
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