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- Vourvoul replied Dec 16, 2008
What I am looking at. We just had some good news from UK and hence the short upward movement. So far we failed to penetrate the daily pivot at 52. Watching at Fib levels 61.8 and 50 for bounce to the long side. 61.8 has support from the 4H 150 EMA ...
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
Wrong thread but if I was to short, I would short cable as sterling is the weaker currency and likely to get more pips... Have a good one.
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
Hey Guy, I am not with them but you should go to this thread for some infor and to ask your question... I am sure you'll get some feecback there. url
Cable Update (GBPUSD)
- Vourvoul replied Dec 15, 2008
I don't see it retracing to that... but wait for this 4h close... it looks promising to lessening your loss... Always use stop loss from now on... All I can say is, I've been there... it's shit...
Cable Update (GBPUSD)
- Vourvoul replied Dec 15, 2008
I would ride it longer... It's the end of the year and there will be more profit taking from the dollar bulls... My 2 cents... What got you in that trade anyway?
james16 Chart Thread
- Vourvoul replied Dec 15, 2008
True... and the one hour candles are on speed...
Cable Update (GBPUSD)
- Vourvoul replied Dec 15, 2008
Price Action will show us the way... plenty of pips to be made till 1.5500!

Cable Update (GBPUSD)
- Vourvoul replied Dec 15, 2008
That's a huge ask... I don't see it going past 1.5370-90...
Cable Update (GBPUSD)
- Vourvoul replied Dec 15, 2008
This is the reason why I don't like using spikes as S/R...
Cable Update (GBPUSD)
- Vourvoul replied Dec 13, 2008
This is the point where I stopped reading this thread. I also trade semi-naked but Takis you are missing the point completely, IT IS about the money.
How people should really trade!
- Vourvoul replied Dec 12, 2008
That sounds like fibonacci on acid... As I always say, whatever puts pips in your pockets...
Cable Update (GBPUSD)
- Vourvoul replied Dec 12, 2008
Here 90% are winners and the rest 10 are at BE!!!
Cable Update (GBPUSD)
- Vourvoul replied Dec 12, 2008
I just noticed that the A/U PB is also right next to a BEOB.
james16 Chart Thread
- Vourvoul replied Dec 12, 2008
IMO it is the best of the 4. Cable's PB (if formed) is right next to a BEOB. USD/CAD is right next to a BUOB and Eur/CHF, well I'm still thining about that...
james16 Chart Thread