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Cable Update (GBPUSD)

  • #14,561
  • Jun 7, 2007 3:22pm Jun 7, 2007 3:22pm
Quoting bravado
that's crazy talk. calm yourself down man. relax.
  • #14,562
  • Jun 7, 2007 3:23pm Jun 7, 2007 3:23pm
Daily Retracements For GbpUsd. See previous chart for today's fib
Attached Image
  • #14,563
  • Jun 7, 2007 3:25pm Jun 7, 2007 3:25pm
Weekly Fibs
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  • #14,564
  • Jun 7, 2007 3:25pm Jun 7, 2007 3:25pm
my sell entries will be at those fibs, small retrace to load sells on
  • #14,565
  • Jun 7, 2007 3:26pm Jun 7, 2007 3:26pm
Weekly fib retracement percentages.
Attached Image
  • #14,566
  • Jun 7, 2007 3:28pm Jun 7, 2007 3:28pm
Tuesday high held again.
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  • #14,567
  • Jun 7, 2007 4:31pm Jun 7, 2007 4:31pm
Quoting Bullfx
Ok. Now is 197... and 196 .. is longer term.

Believe me. What I said have come true. 150 p yesterday. Still down trend now.
Give me patience
  • #14,568
  • Jun 7, 2007 5:54pm Jun 7, 2007 5:54pm
When I flipped the coin, it told me to sell................. Maybe its a magical coin.
  • #14,569
  • Jun 7, 2007 6:37pm Jun 7, 2007 6:37pm
Just a couple of charts with highs and lows. When the trend is up the low chart is used for additional buys, when the trend is down the high chart is used for additional sells. Just a little bit of work in setting this up and understanding the rules.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: low.jpg Size: 62 KB
Click to Enlarge Name: higha.jpg Size: 57 KB
  • #14,570
  • Jun 7, 2007 8:04pm Jun 7, 2007 8:04pm
Do you use 3-D glasses to see through the blotches?
  • #14,571
  • Jun 7, 2007 8:58pm Jun 7, 2007 8:58pm
Don't need 3D glasses when you know what each square represents. It's a matter of knowing each square and then knowing the aspects to which the line up with other squares. I think I purposely left them off the screen.
  • #14,572
  • Jun 7, 2007 10:44pm Jun 7, 2007 10:44pm
W.D. Gann believed that the angular relationship of the planets produced both cycles and prices and as these cycles/prices could be predicted out in the future because of the planets perfect mathematical relationship.
  • #14,573
  • Jun 8, 2007 12:21am Jun 8, 2007 12:21am
If 1.9731 doesnt hold more South advances on the cards into 1.96** I think.

A good target will be 1.9655 IMO 50 % Fib retrace as seen in daily graph

Price action and my techincals also look South
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 11 KB
  • #14,574
  • Jun 8, 2007 12:30am Jun 8, 2007 12:30am
Cool price has dropped nicely - GBP/JPY has plummeted again!
  • #14,575
  • Jun 8, 2007 12:42am Jun 8, 2007 12:42am
Quoting el_duende
If 1.9731 doesnt hold more South advances on the cards into 1.96** I think.

A good target will be 1.9655 IMO 50 % Fib retrace as seen in daily graph

Price action and my techincals also look South
I'm also looking for it to hit about the 9640-9660 area today.
“Past performance is not indicative of future results”
  • #14,576
  • Jun 8, 2007 12:55am Jun 8, 2007 12:55am
I am looking at 1.9630. It got lots of steam and the price action looking strong. It also corrolate with GBP/JPY which got the history of going 600 pips in a day.
  • #14,577
  • Jun 8, 2007 12:56am Jun 8, 2007 12:56am
1.9676 was the previous low since 18th April retrace, looking to break this next
  • #14,578
  • Jun 8, 2007 1:09am Jun 8, 2007 1:09am
Quoting el_duende
1.9676 was the previous low since 18th April retrace, looking to break this next
break already
  • #14,579
  • Jun 8, 2007 1:18am Jun 8, 2007 1:18am
oh the good old times haven't gone away
yes they're here to stay
la la la la la la la la la la

over and out, beautifull 2 days

i'm off to jamaica so taking a break here, and now that the market is hot again damn!
  • #14,580
  • Jun 8, 2007 1:21am Jun 8, 2007 1:21am
Hey, 196 now as I told you yesterday.
Should we buy now, hihi just joking.
Give me patience
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