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ghous replied Feb 7, 2008hmm...the nes that came out just nowshould definitely be a bearish sign for gbp, and that's what's happening, maybe it will be the interste rates that will look to effect the GBp ina bullish pattern...
Cable Update (GBPUSD)
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ghous replied Feb 7, 2008but the calander forecasts a rise in the industrial prodution for GBP there is evena rise in manufacturing production...what will you say abt that...
Cable Update (GBPUSD)
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ghous replied Feb 7, 2008image hats off to you jacob!
some gr8 forex skills there!Cable Update (GBPUSD)
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ghous replied Feb 7, 2008so jacob and many others they were right...it did go down fnally, again lost some money...ouch! i am just waiting for the uptrend to begin, does anybody know when should the news come out, is it scheduled or just random??
Cable Update (GBPUSD)
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ghous replied Feb 7, 2008lol yes that's true! it' going down...ahhh! dunno when it will look to go bullish!
Cable Update (GBPUSD)
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ghous replied Feb 7, 2008i guess so, i am on the hourly chart and it loks very good for a bull pattern now...the 5 min and the 30 min already show a bullish though the 4h chart is still a bit behind just a few hours till se see a full time up trend...i am already long at ...
Cable Update (GBPUSD)
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ghous replied Feb 7, 2008hmm that's true...too much of unceratainity, ia m out till the news time...lol! this consolidation process ate up all my pips fro monday anmd tuesday...does'nt matter hope i can get somehing out from the news time...
Cable Update (GBPUSD)
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ghous replied Feb 6, 2008guys when is the news coming...any idea? check in ppl..wheer is everybdy...
Cable Update (GBPUSD)
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ghous replied Feb 6, 2008Hello and good morning everybody! so how was yesterday...pippin'?...
anyways my short position is still intact..i went short 1.9597 and th cable is still in that consolidation period..it sucks to be ina trade during a consolidation process..ahhh! ...Cable Update (GBPUSD)
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ghous replied Feb 6, 2008the cable shou;d'nt go up anywhere soon on the 1H Tf atleast, so far a strong consolidation period is under way...lol! in 2 hours the cable does'nt seem to decide on which direction it should take, but i would still back my ealier view...it will go ...
Cable Update (GBPUSD)
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ghous replied Feb 6, 2008yes sir...
...gone short and this time i am not pulling out...may i blow my equity!!! logging off for dinner...finger's crossed~! ps ps this is'n because i am following Jacob, this is what i persoanlly predict too, since the cable tested the 3 ...Cable Update (GBPUSD)
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ghous replied Feb 6, 2008lol! not much acrtually happened so far, but as far as i can see guess it should still look to go bearish for some hours before finalkly getting into that uptrend...
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ghous replied Feb 6, 2008yeah that's what i am worried for...just wonder if the candle will breakt this resistance level, jacob said it's abt 30 mins when something happnes, i would personally love to see it go down just a bit, perhaps as much as jacob said...all the way to ...
Cable Update (GBPUSD)
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ghous replied Feb 6, 2008oh! so this means the uptrend has alerady begun...i am still short...

Cable Update (GBPUSD)
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ghous replied Feb 6, 2008first off you'll do good as an author....
anyways coming back to the topic, you mean to sayt his consolidation process that seems to be building up is juts a breather for the pair...woohooo man! i am sill new to forex a few pips against me makes ...Cable Update (GBPUSD)
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ghous replied Feb 6, 2008ok finally went short at 1.9585 for 24 pips! hope this all comes out ok for me, already a loss for the day, hope i can get some food back...lololol!
Cable Update (GBPUSD)
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ghous replied Feb 6, 2008lol! haha! does'nt matter, i'll get you next time, i am waiting to dive into a long position...

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ghous replied Feb 6, 2008lol! you're lucky, my loss for the day came when i mis understood the market jerks today...
the present 1H candle did it for me, thought this was all gonna fai, so closed the trade at -18 pips! lol! i am still learning...Cable Update (GBPUSD)
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ghous replied Feb 6, 2008lol! but the cable is supposed to go bullish soon, won't that be late?? i need just 20 pips today to cover my damages for the day...are yuou confident on the move?
Cable Update (GBPUSD)
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ghous replied Feb 6, 2008image do you consider it wise going short for a few pips??
Cable Update (GBPUSD)