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Cable Update (GBPUSD)

  • #186,941
  • Dec 10, 2009 6:36am Dec 10, 2009 6:36am
Quoting Baby-Trader
Congratulations. your TP has been hit

No bulls today ,all sleeping
  • #186,942
  • Dec 10, 2009 6:56am Dec 10, 2009 6:56am
Stuck to the 50% fib level.
  • #186,943
  • Dec 10, 2009 6:58am Dec 10, 2009 6:58am
Glued actually.
  • #186,944
  • Dec 10, 2009 7:01am Dec 10, 2009 7:01am
Quoting KwAAkS
just came back from lunch and saw that 1.6330 holds easly...

like i said before until 1H/4H does not close above 1.6330 bear rule g/u.
Very very risky to buy....

last week all news for usd were good... if today also good for usd cable may see 1.60xx
the bulls retreated but not so far from 6330..so i think they will be back and 6330 still under siege..
Patience + Discipline =
  • #186,945
  • Dec 10, 2009 7:06am Dec 10, 2009 7:06am
Quoting Jemmy
the bulls retreated but not so far from 6330..so i think they will be back and 6330 still under siege..
time and news will tell...
  • #186,946
  • Dec 10, 2009 7:11am Dec 10, 2009 7:11am
Quoting Jemmy
the bulls retreated but not so far from 6330..so i think they will be back and 6330 still under siege..
Only if US data out in 20 mins is bad. If news is good, then cable will sink...
May the forex be with you |
  • #186,947
  • Dec 10, 2009 7:14am Dec 10, 2009 7:14am
Quoting FXFundi
Only if US data out in 20 mins is bad. If new is good, then cable will sink...
agree 100%
  • #186,948
  • Dec 10, 2009 7:24am Dec 10, 2009 7:24am
Well traders as you can all see it is now clear yet to buy or sell but i will be looking over to the oversold or overbought area for today. I think that is the best thing to do now.
  • #186,949
  • Dec 10, 2009 7:25am Dec 10, 2009 7:25am
my goal 6150 an below
  • #186,950
  • Dec 10, 2009 7:25am Dec 10, 2009 7:25am
Todays price action:

http://seoulbeats.com/wp-content/upl...seoulbeats.png
  • #186,951
  • Dec 10, 2009 7:32am Dec 10, 2009 7:32am
Quoting KwAAkS
agree 100%
Some good and some bad - Think bad unemployment claims more NB so expect cable to go up a wee bit.
May the forex be with you |
  • #186,952
  • Dec 10, 2009 7:32am Dec 10, 2009 7:32am
Quoting KwAAkS
agree 100%
news is mixed... seems like unemp news might have some more weight !
  • #186,953
  • Dec 10, 2009 7:34am Dec 10, 2009 7:34am
yess unemployment has usually more importance for traders and investors so newws are rather bad for $$$$$
Non licet omnibus adire Corinthum
  • #186,954
  • Dec 10, 2009 7:38am Dec 10, 2009 7:38am
Quoting javajames
yess unemployment has usually more importance for traders and investors so newws are rather bad for $$$$$
however, looks like bulls lack of gas to push 6330?
  • #186,955
  • Dec 10, 2009 7:39am Dec 10, 2009 7:39am
Quoting nek17
however, looks like bulls lack of gas to push 6330?
agreed
same for eu and gold
unable to go thru

already seems like its loosing steam:S
  • #186,956
  • Dec 10, 2009 7:39am Dec 10, 2009 7:39am
Quoting nek17
however, looks like bulls lack of gas to push 6330?
Patience is the gas in forex.....and confidence is the wheel (Javajames 2009)
Non licet omnibus adire Corinthum
  • #186,957
  • Dec 10, 2009 7:40am Dec 10, 2009 7:40am
market waiting for news all day..now the market has released..next 1-2 hr will be the real move..
Patience + Discipline =
  • #186,958
  • Dec 10, 2009 7:43am Dec 10, 2009 7:43am
Quoting javajames
Patience is the gas in forex.....and confidence is the wheel (Javajames 2009)
Thanks...still learning...will keep close watch
  • #186,959
  • Dec 10, 2009 7:45am Dec 10, 2009 7:45am
Quoting javajames
Patience is the gas in forex.....and confidence is the wheel (Javajames 2009)
and gambling is the driver..(jemmy 2009)
Patience + Discipline =
  • #186,960
  • Dec 10, 2009 7:46am Dec 10, 2009 7:46am
small short @ 1.6299 i think cable goes down...
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