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Cable Update (GBPUSD)

  • #106,921
  • Edited 1:33am Dec 16, 2008 1:31am | Edited 1:33am
Gonna wait and see what it does from here.And see if it drops at 300.Just looking at the trendlines now
  • #106,922
  • Dec 16, 2008 1:31am Dec 16, 2008 1:31am
This is beginning to be interesting.
Since most are talking about going short i beg to differ and go for long
  • #106,923
  • Dec 16, 2008 1:37am Dec 16, 2008 1:37am
Quoting gagakrimba
This is beginning to be interesting.
Since most are talking about going short i beg to differ and go for long
I missee the news :-(
I thought 6pm gmt+8 actually 5.30pm
I reverse my short too long hope it do well :-)
Im with you gagak
  • #106,924
  • Dec 16, 2008 1:44am Dec 16, 2008 1:44am
Quoting B@by trader
I missee the news :-(
I thought 6pm gmt+8 actually 5.30pm
I reverse my short too long hope it do well :-)
Im with you gagak
Emergency thought I reverse it again
  • #106,925
  • Dec 16, 2008 1:48am Dec 16, 2008 1:48am
What I am looking at.

We just had some good news from UK and hence the short upward movement.

So far we failed to penetrate the daily pivot at 52.

Watching at Fib levels 61.8 and 50 for bounce to the long side.

61.8 has support from the 4H 150 EMA and the mid point of the upward channel.

50 has confluence with the ubiquitous 1H 62 EMA.

The 38.2 Fib level... well I just don't think it can go the wayas there have been many highs in between in the past which will now act as support. If we do get there... my bias will not be long anymore!
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  • #106,926
  • Dec 16, 2008 1:49am Dec 16, 2008 1:49am
hem. not interisting, waiting for my xma to cross... its housin
  • #106,927
  • Dec 16, 2008 1:52am Dec 16, 2008 1:52am
they may be visit pivot 1.5196 lvl...

Sonic
  • #106,928
  • Dec 16, 2008 1:59am Dec 16, 2008 1:59am
Quoting gagakrimba
I'm with you here but if it breaks 1.5200 all bets are off
You will see a bounce up strength in next hours.
Give me patience
  • #106,929
  • Dec 16, 2008 2:02am Dec 16, 2008 2:02am
If under 200 all bets off but looking for 300 right now
  • #106,930
  • Dec 16, 2008 2:04am Dec 16, 2008 2:04am
Let's see if it breaks 1.5200 this time
  • #106,931
  • Dec 16, 2008 2:07am Dec 16, 2008 2:07am
Quoting B@by trader
Emergency thought I reverse it again

1.5200 Ive wait for you for a long time.
I think we are going lower than 1.5200
  • #106,932
  • Dec 16, 2008 2:07am Dec 16, 2008 2:07am
going to 51zz now
  • #106,933
  • Dec 16, 2008 2:10am Dec 16, 2008 2:10am
Quoting biax
going to 51zz now
I took a long at the 38.2 fib not sure if it will hold though
  • #106,934
  • Dec 16, 2008 2:10am Dec 16, 2008 2:10am
Quoting Bullfx
You will see a bounce up strength in next hours.
You are a genius, what crystal ball are you looking at?
  • #106,935
  • Dec 16, 2008 2:11am Dec 16, 2008 2:11am
Look at 30 min chart.If this support holds it may be awhile.Looking at about
8:am to 10 est for a nice break down!!IF IT FORMS AND Holds.News must be good for the US lol!!
  • #106,936
  • Dec 16, 2008 2:14am Dec 16, 2008 2:14am
Quoting B@by trader

1.5200 Ive wait for you for a long time.
I think we are going lower than 1.5200
Come on break the 52..baby
  • #106,937
  • Dec 16, 2008 2:14am Dec 16, 2008 2:14am
Quoting gagakrimba
Let's see if it breaks 1.5200 this time
If it breaks, I will go long at 1.5150, hope it will.
Give me patience
  • #106,938
  • Dec 16, 2008 2:16am Dec 16, 2008 2:16am
closed that long gonna watch a bit more i expect this to go up too just dont know if this is the best time to buy just yet
  • #106,939
  • Dec 16, 2008 2:18am Dec 16, 2008 2:18am
i thought t news was good...


Sonic
  • #106,940
  • Edited 2:20am Dec 16, 2008 2:20am | Edited 2:20am
But I'd be cautious! May be a decent drop IF!
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