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Cable Update (GBPUSD)

  • #108,761
  • Dec 30, 2008 4:24am Dec 30, 2008 4:24am
Quoting dashboard
how can you make prediction like that?? can you tell me?
still undicided for me, but bearish of course. i would rather sell at 1.45 with TP 1.4311
i just look to the charts with more focus that's it :nerd:
  • #108,762
  • Dec 30, 2008 4:38am Dec 30, 2008 4:38am
Quoting Abuawad
i just look to the charts with more focus that's it :nerd:
Do you have charting explanation?
I just want to learn.
Psychology = Nature = Evolving Forex Market rite?
  • #108,763
  • Dec 30, 2008 4:44am Dec 30, 2008 4:44am
Quoting Dr_Cryonic
Do you have charting explanation?
I just want to learn.
fibo and fibo fan long term and short term.
  • #108,764
  • Dec 30, 2008 5:06am Dec 30, 2008 5:06am
Quoting Abuawad
who with me in this scenario,
Cable will test 1.4557 then 1.4587 and fall from there to 1.4330 & 1.4240
I agree

but i think She will fall before 1.4587
  • #108,765
  • Dec 30, 2008 5:09am Dec 30, 2008 5:09am
Short GU at 1.4540 , TP 1.444xx
Give me patience
  • #108,766
  • Dec 30, 2008 5:10am Dec 30, 2008 5:10am
i had to take 2k out of my account as im moving and need the cash so now im only got 1k left....look like im on demo for a long time...

the more i trade the more i start to see price action has a definate pattern..
  • #108,767
  • Dec 30, 2008 5:44am Dec 30, 2008 5:44am
Quoting Abuawad
who with me in this scenario,
Cable will test 1.4557 then 1.4587 and fall from there to 1.4330 & 1.4240

Hi Abuawad

Why 1.4587 please send chart
  • #108,768
  • Dec 30, 2008 6:11am Dec 30, 2008 6:11am
Quoting deboooo2005
Hi Abuawad

Why 1.4587 please send chart
Hi Debo,
i'm sorry i'm using now my mobile connection and it's very slow i try many time to upload it but it keep fail
but the value is the last week low... i hope that help
  • #108,769
  • Dec 30, 2008 7:07am Dec 30, 2008 7:07am
Quoting Abuawad
Hi Debo,
i'm sorry i'm using now my mobile connection and it's very slow i try many time to upload it but it keep fail
but the value is the last week low... i hope that help

ok ... i see ... thanks ... you mean low of last week become Resistance
  • #108,770
  • Dec 30, 2008 7:17am Dec 30, 2008 7:17am
He he, GU now seems to be oversold it may need to retrace up.
Give me patience
  • #108,771
  • Dec 30, 2008 7:36am Dec 30, 2008 7:36am
Quoting Bullfx
He he, GU now seems to be oversold it may need to retrace up.
It broke the support of the daily range. It could go down far from where it is now.
Attached Image (click to enlarge)
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  • #108,772
  • Dec 30, 2008 8:33am Dec 30, 2008 8:33am
anyone holding any posis?
Am long myself at the moment.
Keep It Simple Stupid
  • #108,773
  • Dec 30, 2008 8:40am Dec 30, 2008 8:40am
Quoting Alastair
anyone holding any posis?
Am long myself at the moment.
short @1.4520 closed @1.4435
long @1.4440 closed @1.4467

now i'm waiting
  • #108,774
  • Dec 30, 2008 8:43am Dec 30, 2008 8:43am
Quoting Alastair
anyone holding any posis?
Am long myself at the moment.
I'm not in, but the macro data from the US really soon will probably be bad.
So long seems logical for the very short term.
In general, I still see the pound going down.
  • #108,775
  • Dec 30, 2008 8:57am Dec 30, 2008 8:57am
Quoting Alastair
anyone holding any posis?
Am long myself at the moment.
im accumulating small long positions everytime it goes down.

will add till 1.43 with hard stop at 1.42 - big stop thats why small positions.

if it break todays high will be looking to add more bigger lots as well.
  • #108,776
  • Dec 30, 2008 9:05am Dec 30, 2008 9:05am
Quoting Abuawad
who with me in this scenario,
Cable will test 1.4557 then 1.4587 and fall from there to 1.4330 & 1.4240
Anyone have any comments, i say it before....
  • #108,777
  • Dec 30, 2008 9:05am Dec 30, 2008 9:05am
Quoting Alastair
anyone holding any posis?
Am long myself at the moment.

long @1.4436 closed @1.4514
  • #108,778
  • Dec 30, 2008 9:09am Dec 30, 2008 9:09am
Quoting Abuawad
Anyone have any comments, i say it before....
Abuawab, Are u saying it will still get to 1.4585
  • #108,779
  • Dec 30, 2008 9:09am Dec 30, 2008 9:09am
Quoting Abuawad
Anyone have any comments, i say it before....
You must be an angel
  • #108,780
  • Dec 30, 2008 9:15am Dec 30, 2008 9:15am
Quoting Abuawad
Anyone have any comments, i say it before....
if it can break
this is what i'm looking at
Attached Image (click to enlarge)
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