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Cable Update (GBPUSD)

  • #106,941
  • Dec 16, 2008 4:25am Dec 16, 2008 4:25am
Quoting sonicdeejay
i thought t news was good...


Sonic
Thats what I thought, although there was some bad euro news nothing that important though by the looks of it.

I may try another long from here
  • #106,942
  • Dec 16, 2008 4:26am Dec 16, 2008 4:26am
I'm gonna wait and see
  • #106,943
  • Dec 16, 2008 4:32am Dec 16, 2008 4:32am
I think this baby gonna go down a bit more before it starts to move upwards in about 2 hrs time. 5150 is a possiblity
  • #106,944
  • Dec 16, 2008 4:36am Dec 16, 2008 4:36am
Quoting gagakrimba
I think this baby gonna go down a bit more before it starts to move upwards in about 2 hrs time. 5150 is a possiblity
.
  • #106,945
  • Dec 16, 2008 4:38am Dec 16, 2008 4:38am
Hi all, thanks for your suggestions and advice to me yesterday. I can see that the pair is moving down, is there any hope that it will go down some more so that I may be able to close my trade with a lower loss? anyhow I have set a SL at a level I think I can bear in case the pair resumes its upward movement. Also I am loking for a good point to buy if the trend for this pair remains upward so as to be able to make up for the loss I am about to take, any suggestion of a good entry point for a buy?

  • #106,946
  • Edited 4:40am Dec 16, 2008 4:38am | Edited 4:40am
My daily anyway
  • #106,947
  • Dec 16, 2008 4:40am Dec 16, 2008 4:40am
Quoting gagakrimba
I think this baby gonna go down a bit more before it starts to move upwards in about 2 hrs time. 5150 is a possiblity
1.5150 is 50% fib of yesterday... hi and low...

Sonic
  • #106,948
  • Dec 16, 2008 4:40am Dec 16, 2008 4:40am
breakng 152
Give me patience
  • #106,949
  • Dec 16, 2008 4:43am Dec 16, 2008 4:43am
Quoting sonicdeejay
1.5150 is 50% fib of yesterday... hi and low...

Sonic
5163 is also the 38.2 of the past two days.
  • #106,950
  • Dec 16, 2008 4:43am Dec 16, 2008 4:43am
Quoting goldrush
Hi all, thanks for your suggestions and advice to me yesterday. I can see that the pair is moving down, is there any hope that it will go down some more so that I may be able to close my trade with a lower loss? anyhow I have set a SL at a level I think I can bear in case the pair resumes its upward movement. Also I am loking for a good point to buy if the trend for this pair remains upward so as to be able to make up for the loss I am about to take, any suggestion of a good entry point for a buy?

Hi Goldrush My view, 5200 holds then it will be up from there if 5200 breaks then next levels are 5150, 5125 and 5050
  • #106,951
  • Dec 16, 2008 4:44am Dec 16, 2008 4:44am
Damned....she still refuse to break 5200
  • #106,952
  • Dec 16, 2008 4:47am Dec 16, 2008 4:47am
Quoting gagakrimba
Damned....she still refuse to break 5200
im long from there very small stop loss reckon theres a good chance of holding
  • #106,953
  • Dec 16, 2008 4:48am Dec 16, 2008 4:48am
Think I'm gonna need a pot of coffee for this possible pot o gold!
  • #106,954
  • Dec 16, 2008 4:52am Dec 16, 2008 4:52am
Quoting goldrush
Hi all, thanks for your suggestions and advice to me yesterday. I can see that the pair is moving down, is there any hope that it will go down some more so that I may be able to close my trade with a lower loss? anyhow I have set a SL at a level I think I can bear in case the pair resumes its upward movement. Also I am loking for a good point to buy if the trend for this pair remains upward so as to be able to make up for the loss I am about to take, any suggestion of a good entry point for a buy?

Gold rush be carefull if 5200 doesnt break then i see 5500.

You may want to consider taking some money off the table around this level. Its only a suggestion though and final decision remains with yourself.

What does others think?
  • #106,955
  • Dec 16, 2008 4:54am Dec 16, 2008 4:54am
5200 breaking ... failed
Give me patience
  • #106,956
  • Dec 16, 2008 4:55am Dec 16, 2008 4:55am
Quoting PipLand
Gold rush be carefull if 5200 doesnt break then i see 5500.

You may want to consider taking some money off the table around this level. Its only a suggestion though and final decision remains with yourself.

What does others think?
Wise advice
  • #106,957
  • Dec 16, 2008 4:55am Dec 16, 2008 4:55am
Just going with the flow
  • #106,958
  • Dec 16, 2008 4:59am Dec 16, 2008 4:59am
5 min short term down-From what i see .Maybe we will get a turn around on this and head up.Hourly stock looking oversold.Maybe we get a turn around soon for up!
  • #106,959
  • Dec 16, 2008 5:02am Dec 16, 2008 5:02am
Quoting Fly2
5 min short term down-From what i see .Maybe we will get a turn around on this and head up.Hourly stock looking oversold.Maybe we get a turn around soon for up!
yeah 5200 holding is looking much more probable
  • #106,960
  • Dec 16, 2008 5:08am Dec 16, 2008 5:08am
hehe
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