Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#188,001
Dec 17, 2009 2:53am Dec 17, 2009 2:53am

Instinct
| Joined Oct 2008 | Status: C.S Student | 51 Posts

Quoting Reznik

Disliked

I want to tell U'all, I am in for de big Kill... Trash!!

Ignored

I'm with Rez. It's not the safest bet but you can easly put a SL under the break line and cut your losses. Potential for gain is much bigger then risk thou.

#188,002
Dec 17, 2009 2:54am Dec 17, 2009 2:54am

atheer1
Joined Oct 2006 | Status: Trader | 4,056 Posts

hello,
Let us see the next hour and the dirction to continue or not will be clear.

atheer1

atheer1

#188,003
Dec 17, 2009 2:56am Dec 17, 2009 2:56am

jaboo
| Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts

Quoting malcolmb14

Disliked

why ?

last night it took eu 12 hour to go up 80 pip

since it took it 8 hours to drop 200

like losing money do you ....

trade with the trend not against .. you will still be trading in 5 years

Ignored

well said sir. thank you

#188,004
Dec 17, 2009 2:57am Dec 17, 2009 2:57am

dlumbangaol
| Joined Oct 2009 | Status: Trader | 21 Posts

hai guise,

been selling here, TP set at 1.6175

thanks

Volume, MA, Fractal

#188,005
Dec 17, 2009 3:00am Dec 17, 2009 3:00am

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

Quoting malcolmb14

Disliked

why ?

last night it took eu 12 hour to go up 80 pip

since it took it 8 hours to drop 200

like losing money do you ....

trade with the trend not against .. you will still be trading in 5 years

Ignored

they don't want to hear you malcom so keep the knowledge for yourself if they don't....they like to buy and sell numbers, the trend doesn't bother them.

"Hate the sin, love the sinner." - Gandhi

#188,006
Dec 17, 2009 3:16am Dec 17, 2009 3:16am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

news uk in 15m

#188,007
Dec 17, 2009 3:18am Dec 17, 2009 3:18am

Jemmy
| Joined Oct 2009 | Status: BIG DOG | 492 Posts

short @6214, SL=6450 ; Target=57xx ..

Patience + Discipline =

#188,008
Dec 17, 2009 3:20am Dec 17, 2009 3:20am

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

Quoting kill56

Disliked

news uk in 15m

Ignored

Thanks for the reminder

"Hate the sin, love the sinner." - Gandhi

#188,009
Dec 17, 2009 3:21am Dec 17, 2009 3:21am

tenet
| Commercial User | Joined Mar 2005 | 167 Posts

Hi All Trader

Sell E, G.... more and more..

this link : http://www.forexfactory.com/showthread.php?t=211705

Do not against The Down Trend of Market.

Who want to buy .....becareful....

If U do not want to be kill soon.... SL it as soon as U can. Plz

Gday&Gtrade

I am Mr Market&Mr Trend - U following me?

#188,010
Dec 17, 2009 3:25am Dec 17, 2009 3:25am

Articulate
| Joined Jun 2009 | Status: Trader | 824 Posts

The key word here is caution. There is a strong possibility of the Cable going down if 1.6200 is broken.

#188,011
Dec 17, 2009 3:26am Dec 17, 2009 3:26am

tundeakins
| Joined Nov 2009 | Status: Trader | 201 Posts

Traders, let us see what the Retail Sales from the UK will tell us. I expect the actual to be wider than than the forecast for the GBP/USD to return upward.

Probably 2% will be good for the pounds.

#188,012
Dec 17, 2009 3:26am Dec 17, 2009 3:26am

EliteFX
| Joined Nov 2009 | Status: Trader | 139 Posts

Quoting Jemmy

Disliked

short @6214, SL=6450 ; Target=57xx ..

Ignored

I will do this..

Buy @1.6214, SL=1.6175 ; Target=1.64XX..

Don't tell me how much you can earn. Tell me how much you may lose..

#188,013
Dec 17, 2009 3:26am Dec 17, 2009 3:26am

ozpips
| Joined Sep 2009 | Status: Jack of all Trades | 328 Posts

Every other /USD currency pair has been hammered through res/sup lines this week.
Cable is still trading close to last Friday's close.
Last week's low of 1.6165 needs to be taken out for further downside.
I can still see a little rally up before it capitulates if the news are good.

#188,014
Dec 17, 2009 3:27am Dec 17, 2009 3:27am