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Carrera replied May 14, 2008I agree with you, I'm talking about the "IF" 38% holds or we see a rebounce with the double bottom. Thats why I said, confirmation is a must with those conditions. Actually, I have analysis showing a long term bearish signals getting close to 1.80 ...
Cable Update (GBPUSD)
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Carrera replied May 14, 2008Monthly, is testing 38% fibo retracement. Weekly, is trying to rebounce from a double bottom. Who knows if 38% is broken and double bottom fails. But if any this does not happen , then is bullish waiting for confirmation entry.
Cable Update (GBPUSD)
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Carrera replied May 14, 2008Scalping time for me... to risky trust cable. — My plan.
Cable Update (GBPUSD)
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Carrera replied May 14, 2008If you trade agains the trend, just scalp it 20, 30, or even 40 pips as many times you could or price allow you to. On the other hand, If you go with the trend, well good trip buddy. Place a good contract with proper stop lost and relax. Actually ...
Cable Update (GBPUSD)
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Carrera replied May 14, 2008hello Runway, cable is fighting in a tunnel or rebaounce off the support or break out to the dark side of the that tunnel down way. Well I just saw the pair, is moving up actually. Well, remember that in a trend, allways you will find retracements.
Cable Update (GBPUSD)
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Carrera replied May 14, 2008wow, I wake up and everything still the same, cable been bad!
Cable Update (GBPUSD)
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Carrera replied May 14, 2008You could call this "RISK IN THE MARKET" Don't get marrie to your positions nAVIN, Just play MM and get in back with better odds.
Cable Update (GBPUSD)
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Carrera replied May 14, 2008oh man, cable could drop until 1.92 right now and I won't place an order until BOE talks. This is crazy, unsane!
Cable Update (GBPUSD)
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Carrera replied May 14, 2008A sell out in action??? Some currencies are going down big time.
Cable Update (GBPUSD)
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Carrera replied May 14, 2008lol, brokers are paying good money so we won't hurt the big boys.

Cable Update (GBPUSD)
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Carrera replied May 14, 2008yea, actually, they are moving good right now! All
Cable Update (GBPUSD)
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Carrera replied May 14, 2008Both of you guys are completly correct. Jim and Rob. I won't place an order after the news for futher confirmation of direction. Besides, Cable is doing whatever he wants. He (cable) doesn't care about good news, bad news, thecnical analysis, ...
Cable Update (GBPUSD)
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Carrera replied May 14, 2008Administrator!!! — Whats going on? Is the second time that this chart bellow disappear from my post!!!

Cable Update (GBPUSD)
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Carrera replied May 14, 2008Thanks, but I have to admit, Cable is acting crazy lately. Good news, bearish time, bad news, bullish time. I'm not fundamental trader but UK must be in very bad shape with the econimics! The expenciest currency and actually the weakest one! So, ...
Cable Update (GBPUSD)