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waf_1988 replied Aug 16, 2007So...Little chance of breaking that level ya... Downtrend is too strong for me, the bear is not just stretching, I guess...
:Cable Update (GBPUSD)
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waf_1988 replied Aug 16, 2007Wow... Bear vs. Bull Stretching bear or sleeping bear?!
:Cable Update (GBPUSD)
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waf_1988 replied Aug 16, 2007Already Hit ya... Mixed day... Beware, it may be just a price action...Bear is strong enough this week...Anyway, just give it a try, if it managed to break the 50%fibo...You can relax...

Cable Update (GBPUSD)
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waf_1988 replied Aug 16, 2007The pair can't penetrate the 50.0% fibo... A good sign I think...But, it is giving a chance for breaking up this levels....
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waf_1988 replied Aug 16, 2007I'm hybrid...
: Hey, the pair moved above the 38.2%fibo...Wow...Mixed trading...I would stay out from this until I get significant clue...You know, RSI on my 4H chart shows that the pair is now leaving the oversold area....Not yet known if that is ...Cable Update (GBPUSD)
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waf_1988 replied Aug 16, 2007Depends on potential fundamental releases I think...Technically, watch for fibo levels (retracement). Otherwise, you may want to see your stochastic...It really useful for me (at least)
:Cable Update (GBPUSD)
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waf_1988 replied Aug 16, 2007The pair can't penetrate the 38.2%fibo as seen in my 15m chart... Anyone knows about the importance of fundamental releases to the pair today?! It would be helpful since FF mark it as RED...
:Cable Update (GBPUSD)
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waf_1988 replied Aug 16, 2007Hello...Greetings... What a day....^^ Waiting for news releases...(as always) How's you guys trading?!

Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007Happy trading...I'll be offline now...No good to trade...I reached my TP anyway.... Some juices may be OK...Beers is better actually...

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waf_1988 replied Aug 15, 2007If you like the 300pips north by these data...You're completely nowhere near, lost probably... The UK economy is worse than the US...Anyway, mixed result = mixed directions = mixed actions
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waf_1988 replied Aug 15, 2007Are your trading these news?! I think you are nowhere... Since the number is mixed... The direction will have some whipsaws... CPI is bad, Core CPI as expected, and empire index is better...So the direction will be mixed by these results.... I told ...
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waf_1988 replied Aug 15, 2007Bullrock....How's your trading today?! Does your TP hit also?! Are you a completely long-term trader or sometime scalp or mid-term? Your 1.9887 TP is hit, mine also hit. The difference is the entry point...I shorted the pair @ 1.9887 (right after ...
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waf_1988 replied Aug 15, 2007Yes, the US is GMT-5. UK is at GMT...So, the time shown at the FF + 5 will be the GMT time... You can set the time in FF to be GMT and they will show you the exact time in UK when the US data released..
Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007Thanks GOD — Hello everybody...Greetings.... My TP was hit @ 1.9867, just near the new low @ 1.9860/64....Just merely 20pips, but...Larger lots will make my profit LARGER too...
, just let the broker to be rich anyway...
Good trading ...Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007I'll be offline for a while... See you all in the US session (waiting for the news releases)... Happy trading, happy pips, happy day

Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007How much is your SL? It looks like you're afraid of "something" to spike the 5m chart...
: Anyway, since the fundamentals signal the weakening UK economy while the US economy is better, I think it is OK to look at technical (charts and indicators) ...Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007Please explain the pic.... The pair down about 30pips on the minute of release. Now, the pair is traded on 23.6% fibo levels (15m chart)... It seems that the pair is having nice time there....
Anyway, I'll stick to the plan, and remember to have ...Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007Awww...Man, for me...I need a full analysis technically to make me sure for the 1.9679 levels... Targeting on long term is not my choice, but if I have to... I'll say it later after doing my analysis... How many days will it take to that level?!

Cable Update (GBPUSD)
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waf_1988 replied Aug 15, 2007Beware of fundamental releases today... It may spike the pair far enough to retrace. But I agree with you, there's no clear sign of bull here... The bear is too powerful (technically)... Look for a new low today
Cable Update (GBPUSD)