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Cable Update (GBPUSD)

  • #107,541
  • Dec 17, 2008 6:28am Dec 17, 2008 6:28am
anyone waiting for freeeeee fall ??
Learn the words... speak the words
  • #107,542
  • Dec 17, 2008 6:29am Dec 17, 2008 6:29am
Quoting gagakrimba
It get my TP @ 1.5415
Nice one! I think we are best out of this for the moment with our longs
  • #107,543
  • Dec 17, 2008 6:31am Dec 17, 2008 6:31am
Quoting tingwei_98
anyone waiting for freeeeee fall ??
I dunno about freefall but the 4hr H&S is scaring the crap out of me, im just gonna see how this plays out unless some nice opportunities present themselves
  • #107,544
  • Dec 17, 2008 6:34am Dec 17, 2008 6:34am
Quoting tingwei_98
anyone waiting for freeeeee fall ??
not me...

Sonic
  • #107,545
  • Dec 17, 2008 6:36am Dec 17, 2008 6:36am
this is mad, Euro up about 250 and gbp down about 50 against the usd in the current trading day. come on gbp, its time to catch up!
PIPPED TO THE LINE
  • #107,546
  • Dec 17, 2008 6:37am Dec 17, 2008 6:37am
Quoting micho
but next target is 1.5560 now short term...
to the pip nice!
  • #107,547
  • Dec 17, 2008 6:38am Dec 17, 2008 6:38am
Quoting trickytrader
this is mad, Euro up about 250 and gbp down about 50 against the usd in the current trading day. come on gbp, its time to catch up!
look how much eur/gbp is canning the £ though
  • #107,548
  • Dec 17, 2008 6:39am Dec 17, 2008 6:39am
I know, no holiday to mainland europe for me next year lol
PIPPED TO THE LINE
  • #107,549
  • Dec 17, 2008 6:40am Dec 17, 2008 6:40am
Will i think the next gonne be to form a dople top
as in this chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 36 KB
Senior Trader Multi-Account Manager
  • #107,550
  • Dec 17, 2008 6:41am Dec 17, 2008 6:41am
in fact, no holiday to anywhere in the world with how gbp is dying!
PIPPED TO THE LINE
  • #107,551
  • Dec 17, 2008 6:42am Dec 17, 2008 6:42am
Quoting sonicdeejay
How abt 1.5461 first??

Sonic
i dunno man, this fast action makes me dizzy...
When life gives you lemons, make lemonade
  • #107,552
  • Dec 17, 2008 6:43am Dec 17, 2008 6:43am
Quoting Bullfx
The magic thing is the chart not say short, but it was down, GU price followed me, not followed the chart
i wish that would happen with me....
price fell from resistance it was expected to test the area of breakout from yesterday..so longs could be built....was a great call thou.good timing
  • #107,553
  • Dec 17, 2008 6:43am Dec 17, 2008 6:43am
Quoting trickytrader
I know, no holiday to mainland europe for me next year lol
Me neither physchologically i couldnt deal with 1-1 Euro - £.
  • #107,554
  • Dec 17, 2008 6:53am Dec 17, 2008 6:53am
anyway, got out at 15418 as it was heading down pretty quick.
This thing has got no strength, but don't want to sell yet either.
PIPPED TO THE LINE
  • #107,555
  • Dec 17, 2008 6:54am Dec 17, 2008 6:54am
Quoting trickytrader
in fact, no holiday to anywhere in the world with how gbp is dying!
im off to poland in feb for a week, still just about get a decent rate there I would change up my money now, but Poland might reduce their rates again before then
  • #107,556
  • Dec 17, 2008 6:54am Dec 17, 2008 6:54am
silly me sold at 5353
Learn the words... speak the words
  • #107,557
  • Dec 17, 2008 6:54am Dec 17, 2008 6:54am
Quoting lorix
Will i think the next gonne be to form a dople top
as in this chart
Nice chart thanx for sharing
  • #107,558
  • Dec 17, 2008 6:59am Dec 17, 2008 6:59am
See EU fly guys.
Pretty soon this baby will follow
  • #107,559
  • Dec 17, 2008 7:01am Dec 17, 2008 7:01am
Quoting gagakrimba
See EU fly guys.
Pretty soon this baby will follow
I think eur usd might come down now and that will crush GU
  • #107,560
  • Dec 17, 2008 7:01am Dec 17, 2008 7:01am
but when euro retraces, is it gbp's turn to go up or will in follow it down?
PIPPED TO THE LINE
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