Cable Update (GBPUSD)
{quote} stupidest quote i ever saw in my life!
{quote} Entire trading is based on anticipation since nobody knows the future exactly. Just for fun since I like facts I looked all up trends since 2009 on GU and none have gone straight up without significant pullbacks in fact trend...
You don't have to say it. I understand it myself.
{quote} Hi Tsar, I placed a trade after checking your chart. The GU is hanging around on the channel top line for a while. It maybe break up, may be pull back. I shorted cable from here with the plan to cover BE after 35 pips move south, TP1 at the bottom line level, 15615 (200 pips), TP2 is 14800 (back to July low where the rising channel kick-off). Let's see if GU respect the channel or will break it up (in that case, the SL of 200 pips will be closed my bad trade). Good day all
{quote} Really? If someone disagrees with you then they must be stupid? Woww man, you really are smart
{quote} I know what you mean some currencies go endlessly up and never come down.Charts are full of them continuous lines going up in space.There are times which often with me I do anticipate reversal points and ride the wave down and after 300pips folks like you (perhaps)go ahh ha we got a new down trend and jump in. Entire trading is based on anticipation since nobody knows the future exactly. Just for fun since I like facts I looked all up trends since 2009 on GU and none have gone straight up without significant pullbacks in fact trend going...
{quote} Well now you talk the talk. It is all the time areas we are talking about. Never exact value. And yes, average experienced trader knows this. But how many average experienced traders sit in here? Maybe 10 or 20 from 100.
Cable in Daily Chart... Keep watch in Price 1.5585 If Broken, Cable say Hello to Price 1.6131
{quote} Correction : Price 1.5885
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{quote} From Alien's Calendar
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