Yeah. I'm "hoping" the same. And "if" it gets to 1.6, my guess is that the moment I close it, it will tank further.Still keeping a SL at 6180 though.
Cable Update (GBPUSD)
- #332,501
- Dec 16, 2012 1:01pm Dec 16, 2012 1:01pm
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #332,502
- Dec 16, 2012 6:05pm Dec 16, 2012 6:05pm
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- #332,503
- Dec 17, 2012 12:24am Dec 17, 2012 12:24am
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good morning 
in my opinion some short pressure will appear if near 6220-6240 area which is also important day/week supply.
not yet short setup.
if EU will breakout into 1.32 (highly possible) they will go both more up
eyes also in Egbp which could break into area 82.
in my opinion some short pressure will appear if near 6220-6240 area which is also important day/week supply.
not yet short setup.
if EU will breakout into 1.32 (highly possible) they will go both more up
eyes also in Egbp which could break into area 82.
90% of traders use TA, indicators and prediction
- #332,504
- Dec 17, 2012 1:50am Dec 17, 2012 1:50am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #332,507
- Dec 17, 2012 3:02am Dec 17, 2012 3:02am
good morning
in my opinion some short pressure will appear if near 6220-6240 area which is also important day/week supply.
not yet short setup.
if EU will breakout into 1.32 (highly possible) they will go both more up
eyes also in Egbp which could break into area 82.
GL & green pips to you.
Numbers NEVER Lie
- #332,509
- Dec 17, 2012 3:51am Dec 17, 2012 3:51am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #332,510
- Dec 17, 2012 5:29am Dec 17, 2012 5:29am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Hi BBKing_ I'm watching 6230 like an eagle & might hedge my buy orders at that level. Strong weekly resistance sits just there. If i decide to pull the trigger then will be looking for not more than +100 pips at 6140-6130 area for further move upwards.
GL & green pips to you.
but will be waiting a kind of sign of weakness in faster timeframes (m30 - h1)
let's see where we close today
90% of traders use TA, indicators and prediction
- #332,511
- Dec 17, 2012 7:06am Dec 17, 2012 7:06am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #332,512
- Dec 17, 2012 7:39am Dec 17, 2012 7:39am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Sorry all that GU hasn't joined in on this rally everything else is having I went long and kiss of death.
For a huge fee I can promise to never trade GU again!!
i see gu before london was 6160 went to 6220.
well enough IMO according to the importance of the level.....
actually the slower is EU which still fightin the 3180!
90% of traders use TA, indicators and prediction
- #332,513
- Dec 17, 2012 7:45am Dec 17, 2012 7:45am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
what rally do you mean?
i see gu before london was 6160 went to 6220.
well enough IMO according to the importance of the level.....
actually the slower is EU which still fightin the 3180!
Got out at BE pretty much, GU moved zero pips really EU same time 25pips.
GJ was pretty flat to I see, no 1 liking the GBP currently.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #332,514
- Dec 17, 2012 8:00am Dec 17, 2012 8:00am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Got out at BE pretty much, GU moved zero pips really EU same time 25pips.
GJ was pretty flat to I see, no 1 liking the GBP currently.
this is what i see:
GU today hi-lo is far more than EU.
Personally i see Gbp is the best mover of the day vs USD-EUR-CHF....
also GOLD some moves.
while i see EUR is death vs anything.
90% of traders use TA, indicators and prediction
- #332,516
- Dec 17, 2012 9:15am Dec 17, 2012 9:15am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
37% FF traders long on cable - maybe I missing something lol
90% of traders use TA, indicators and prediction
- #332,519
- Dec 17, 2012 9:40am Dec 17, 2012 9:40am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
No one ever knows exactly what price will do.
Its always best to stick to the trend, and the trend is currently up.
My question is the why are so many traders on here trying to determine the pint at which price will turn around? Seems rediculous to me to even consider that.
Thank You 
- #332,520
- Dec 17, 2012 9:42am Dec 17, 2012 9:42am
- | Joined Jun 2009 | Status: Trader | 1,198 Posts
Because the best decisions are always the hardest ones to make
Beautiful response Wormboy, wondered what happened to you, good to see you back
