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- jacobtrader replied Jan 11, 2008
EUR/USD is going to 1.50.. thats confirmed.. With FED cutting rates... Dollar weak everywhere.. People favor buying EUR heavily
EURUSD were do we go from here ?
- jacobtrader replied Jan 11, 2008
And use 20 EMA for Early signals 55 EMA for Confirmation 200 EMA to confirm a big trend change.. So Anyone against GBP/USD trend down ?
Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
Use 55 EMA and 200 EMA in Daily Chart All of you.. And those who wanted Answer to who asked me why you think GBP/USD will fall. its clear there
55 crossing 200.. down fall.. enjoyCable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
read as many books you can.. Learn about indicators.. Money management techniques.. Study and study is all i can say.. People do make lots.. people do lose lots.. thats how it goes...
blew my account
- jacobtrader replied Jan 11, 2008
i will give further study on it.. later today..
Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
next week see GBP/USD to push way down and 2nd week from now.. see it go up.. enjoy

Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
GBP will fall due to Expectation BOE will cut next month.. USD weakness remains on the board.. but Technically GBP/USD will fall by next week.. enjoy

Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
lolz thz funny... I am bearish GBP/USD And bullish EUR/USD.. Whats other peoples view??
Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
You kidding ?? Well If you have power to hold position for 3 months.. then i would say wait.. I hope you dont have lots of lots at that price.. Weekly charts give very very clear indication, GBP/USD will go down.. next week..
Cable Update (GBPUSD)
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GBP/USD - EUR/USD
Started Jan 11, 2008|Trading Discussion|3 repliesFriends, Is there any Deep Correlation between these two pairs. I see whenever GBP/USD moves ...
- jacobtrader replied Jan 11, 2008
A good Sell opportunity from 1.9550 - 1.9570 levels. They are closing positions.. so price comes up.. cause interests lies to sell above price levels
Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
They are closing there positions my friend. Jst give it time around 2 Hours more.

Cable Update (GBPUSD)
- jacobtrader replied Jan 11, 2008
I dont think it will go up.. though there is good resistance at 1.9550 level. Charts suggest its in Bearish trend.
Cable Update (GBPUSD)
- jacobtrader replied Jan 10, 2008
GBP/USD will retrace back to 1.9753 If we cross easily 1.9670 level... And then it will fall down again... USD will cut rate as market talks and FED futures tell 50 BPS And BOE will cut next meeting also.. So we see weakness in both.. Technically ...
Cable Update (GBPUSD)
- jacobtrader replied Jan 10, 2008
It hit to 0.8882 But AUD/JPY didnt move much due to JPY Strength...
Aussie Pairs
- jacobtrader replied Jan 10, 2008
Its best to put Sell order at 1.9520-1.9530 And sit .. relax

Cable Update (GBPUSD)
- jacobtrader replied Jan 10, 2008
There is support there . yes.. But it will break.. give it some time .. if it breaks.. you wont see 95xx figure it will be 94xx
Cable Update (GBPUSD)