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waf_1988 replied Aug 10, 2007The pair is testing the 38.2%fibo level again, but it seems to be hard to penetrate...The pair is seen bounced back almost every time it try to penetrate... Do you guys have any idea?
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waf_1988 replied Aug 10, 2007A bottom seen on 1H chart... But in 15M chart, the price refuses to approach the 38.2%fibo... The pair is now bounced back to the trend
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waf_1988 replied Aug 9, 2007The pair is now out of the figure on 50%fibo...It looks like the price hace been rejected there...
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waf_1988 replied Aug 9, 2007The pair seems facing a rejection on 50%fibo...It just can't get down...Why?
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waf_1988 replied Aug 9, 2007The pair moved below the 61.8%fibo...Approaching 50% but then bounced..It's complicated
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waf_1988 replied Aug 8, 2007A doji shown in my chart TF 15m. The pair has moved from 2.155 to a new high at 2.0248 in this session... (What a move) Shall the pair moves along with the trend...
Cable Update (GBPUSD)
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waf_1988 replied Aug 8, 2007The pair bounced after touching near 2.014 level. Now it is going to test 2.0225 and further to 2.0265... In chart TF 1H, the RSI shows that the pair is off the oversold level... The momentum is not so clear for opening a new position I guess.... ...
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waf_1988 replied Aug 7, 2007fundamental is tough, but technical must show a better solution for today's trade focuses
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waf_1988 replied Aug 7, 2007Short cable Short.... The support on 2.0225 is broken already...
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waf_1988 replied Aug 7, 2007The pair bounced back after touching 2.0225, a new support here... If it broken, shall the bear move on...^^
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waf_1988 replied Aug 6, 2007The pair goes up before it goes down... I think fundamental has a great effect today, but limitations may apply Look for R S technically (I suggest) before taking position
Cable Update (GBPUSD)
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waf_1988 replied Aug 6, 2007Quite market = Deadly snake — I hate this market session...It's been too quite since the weak Friday's data... Anyway, still looking for the effect of the weak NFP on Friday.... OMG....It's so boring London...It's been a long ...
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waf_1988 replied Aug 6, 2007What? — "Something" or maybe "Some people" are trying to maintain the current level..It just goes down and up at flash...^^ Fully technical today? Or maybe the fundamental will play important role today?!
Cable Update (GBPUSD)
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waf_1988 replied Aug 6, 2007Happy Monday — The pair seems to be ranging on 2.0462 - 2.0403 up to the end of Asia session... What a tiring day...^^ Will weak payroll influence "MORE" to the pair today?!
Cable Update (GBPUSD)
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waf_1988 replied Aug 2, 2007news news news spoiler.... — (RTTNews) - Danske Bank commented on a preview of the ECB''s meeting on August 2nd. Analyst stated the meeting will take place in the form of a teleconference between Governing Council members. The focus is on ...
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waf_1988 replied Aug 2, 2007fundamental and technical — Fundamentally correct...!!! Confirmed by technical: The pair has bounced away from 61.8%fibo in 15m chart, now...I think it will be wise to hold my long....
Cable Update (GBPUSD)
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waf_1988 replied Aug 2, 2007Looking good — I heard that you need to focus on the statement, not the decision on rate-hike or not... Anyway, UK economic is better than US. I hope this is a clear clue if the fundamental address limited clue
Cable Update (GBPUSD)
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waf_1988 replied Aug 2, 2007The pair is on 2.0300 level now, in which is the same as the 61.8%fibo. I think the pair will confirm its movement by testing this level. If it manage to break below this level and approach to 2.0275 level, it is a save short. But look for long if ...
Cable Update (GBPUSD)
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waf_1988 replied Aug 1, 2007The pair is trading on 23.6%fibo, I think if it rejected here, a save short position is confirmed. But if the pair further rally to 2.0270 level, it will be very bad for bearish... I have an order on Long @ 2.0280, but now, I'm waiting for the pair ...
Cable Update (GBPUSD)