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tarektm replied Jun 25, 2008long it was, but who opened that, please keep in mind, that w have a lot of resistant points now. i prefer to play it safe and get out.
Cable Update (GBPUSD)
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tarektm replied Jun 25, 2008Everybody is telling No change, but i recall they have hidden surprises. however, what would be the market reaction in both cases?
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tarektm replied Jun 25, 2008Hello Bro. What Scenario do you expect in the 3 cases? ( only two as i think may occur ) Rising rate, or NC?
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tarektm replied Jun 25, 2008This Chart, the 4 HR Support line. but i may consider entering short under 1.9620 also. if it gets there. however, this is my own opinion which could be wrong.
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tarektm replied Jun 25, 2008if i were you, i will not short now. but the safe short, should be under 1.9635 although i am thinking of long as my system say ( which have 20% false signals ). just waiting for a good chance to enter.
Cable Update (GBPUSD)
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tarektm replied Jun 25, 2008London is Open now
let's see where the cable will take us today.Cable Update (GBPUSD)
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tarektm replied Jun 25, 2008i agree, that's why i am waiting
eventually we will fall down, from here or from above. not just to 1.9595 if this 4 hours trend is broken. but i have to Admit, i hate that support line which have popped up, and cause this tight range in the ...Cable Update (GBPUSD)
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tarektm replied Jun 25, 2008Funny
i think you are suggesting the price will fall down, but let's wait and see.Cable Update (GBPUSD)
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tarektm replied Jun 24, 2008i was searching for the man who bumped it up. thank you. useful thread
Why are we afraid of simplicity?
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tarektm replied Jun 24, 2008well, i can tell we are trading on a critical area now, and we are on a weekly support line, which is a powerful one. but will the downtrend continue or would the price bounce up back?
Cable Update (GBPUSD)
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tarektm replied Jun 24, 2008i can't hold my self here
as i can see we might go up to 1.9760-1.9780 if it was broken, we will see your 2.03 the range now is closing it is so close to tell where we will go so the best sell on 1.9760, with stop at 1.9810Cable Update (GBPUSD)
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tarektm replied Jun 24, 2008anyway, i am going short now. i know it's early and risky but i can handle it.
Cable Update (GBPUSD)
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tarektm replied Jun 24, 2008maybe head and shoulders pattern is developing on the 4hr frame, but trend is up.
Cable Update (GBPUSD)
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tarektm replied Jun 24, 2008i guess there will be a trand today
most likely down trend, so prepare to follow 
Cable Update (GBPUSD)