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Cable Update (GBPUSD)

  • #20,661
  • Jul 23, 2007 5:38am Jul 23, 2007 5:38am
just wondering if every1 here who is using metatrader has this problem. the indicators on my charts look different at different screen resolutions and different monitors. the timeframe is the same btw.
very confusing
  • #20,662
  • Jul 23, 2007 6:22am Jul 23, 2007 6:22am
Quoting aqibsherwani
just wondering if every1 here who is using metatrader has this problem. the indicators on my charts look different at different screen resolutions and different monitors. the timeframe is the same btw.
very confusing
A potential cause of problems like this is different time zones. People located in different time zones might get different looking data and indicators, even if the raw data is identical. At least on X-hours timeframes (i.e. 4H).
  • #20,663
  • Jul 23, 2007 6:23am Jul 23, 2007 6:23am
Quoting allserene
I have lived in the UK 59.5 years and I have seen nothing near the rain we have had for 2 months now - day and night constantly - i have the central heating on and the lights because its so dark---but there are 60 million people on this island so a hundred thousand or so up to their ears in sewage will not kill the economy...
Me ? I get my unconditional 10 year US green card in 2 months time so I am off somewhere that can't flood or get heavy rain - TAMPA !
I need the USD at 2.20 by then but 2.10 will do nicely
Did you say Tampa??? Tampa is at SEA LEVEL on a coast vulnerable to hurricanes. I personally like Tampa but it is not flood proof .
  • #20,664
  • Jul 23, 2007 6:24am Jul 23, 2007 6:24am
Quoting allserene
I have lived in the UK 59.5 years and I have seen nothing near the rain we have had for 2 months now - day and night constantly -
Ur avatar certanly doesnt show u 59.5 years...lol,...come here its 30-40+ for 60 days, and it doesnt show any exagerration, tomorow we are waiting for the rain fro manchester...bring it on.
its just money
  • #20,665
  • Jul 23, 2007 6:26am Jul 23, 2007 6:26am
Quoting ganymedes
A potential cause of problems like this is different time zones. People located in different time zones might get different looking data and indicators, even if the raw data is identical. At least on X-hours timeframes (i.e. 4H).
diffrenet time zone? im using the same computer with diffferent monitors.
  • #20,666
  • Jul 23, 2007 6:39am Jul 23, 2007 6:39am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Does anyone see possible brakeout on 30 min? long naturally
  • #20,667
  • Jul 23, 2007 6:41am Jul 23, 2007 6:41am
Quoting aqibsherwani
diffrenet time zone? im using the same computer with diffferent monitors.
Ok, sorry. Yes, that's really weird!
  • #20,668
  • Jul 23, 2007 6:42am Jul 23, 2007 6:42am
Quoting dado26
Does anyone see possible brakeout on 30 min? long naturally
I DO
  • #20,669
  • Jul 23, 2007 6:42am Jul 23, 2007 6:42am
Quoting dado26
Does anyone see possible brakeout on 30 min? long naturally
Why do you think that?
  • #20,670
  • Jul 23, 2007 6:49am Jul 23, 2007 6:49am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
[quote=venci;1504298]Why do you think that?[/quote

I didnt enter.I just see possibility of breaking up-ressistence sloping line....
Possible TP to 2.0595....
My 34 EMA acts as a support at a moment so...
  • #20,671
  • Jul 23, 2007 6:50am Jul 23, 2007 6:50am
Quoting IRISH37
Did you say Tampa??? Tampa is at SEA LEVEL on a coast vulnerable to hurricanes. I personally like Tampa but it is not flood proof .
I know about Tampa being lower than sea level - I was being ironic you see - it's a bit like copperic or aluminiumic...(black adder reference)

However, we will have an inflatable boat with 2 engines and lots of beer and crisps and a cat tray - and a legal machine gun to keep poor people from coming on board - so it will be ok..

Anyway - back to the matter in hand - when will the dollar turn ? Everyone on here has a financial horizon about 3 millimetres from the end of their nose (except michael jackson where it is 200 millimeters) and I am trying to figure 2 or 3 months out from here - does anyone position themselves that far and ride the undulations ?
  • #20,672
  • Jul 23, 2007 6:55am Jul 23, 2007 6:55am
Trade what the chart shows and not the future

LONG Cable LONG
Trade what you see, not what you think.
  • #20,673
  • Jul 23, 2007 6:55am Jul 23, 2007 6:55am
u/j and u/c nearing resistance, g/u nearing support. break upward for g/u is def possible when ny opens
  • #20,674
  • Jul 23, 2007 6:56am Jul 23, 2007 6:56am
Originally Posted by Igrok http://www.forexfactory.com/images/buttons/viewpost.gif
Given recent price action and using some historical analogies I think I have to reconsider some of my longer-term views. It now seems to me that this year range is likely to exceed the average. Because of that, EUR/USD has now a bigger chance to get to as low as parity some time before this year end.


If this guy is correct, I guess the pound would be at around 1.5!!!!

I highly doubt it though...
  • #20,675
  • Jul 23, 2007 6:56am Jul 23, 2007 6:56am
the pair might hit 2.0545 and than proceed north... So i am waiting a while before going long on cable.
  • #20,676
  • Jul 23, 2007 6:57am Jul 23, 2007 6:57am
Quoting allserene
I am trying to figure 2 or 3 months out from here - does anyone position themselves that far and ride the undulations ?
I am looking for a lo point around sept 22 price is unknown,, with todays point the hi
"Millionaires don't use astrology, billionaires do"
  • #20,677
  • Jul 23, 2007 7:02am Jul 23, 2007 7:02am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Quoting karmostaji
Trade what the chart shows and not the future

LONG Cable LONG
I stil didnt get my entry point... just thinking of possibilities...
LONG CABLE LONG
  • #20,678
  • Jul 23, 2007 7:02am Jul 23, 2007 7:02am
What went up has to come down.... or not... But the cable went almost 950 pips since the beginnig of this trend. I would b edamn cautious...
.
  • #20,679
  • Jul 23, 2007 7:03am Jul 23, 2007 7:03am
to enter short....
its just money
  • #20,680
  • Jul 23, 2007 7:04am Jul 23, 2007 7:04am
Quoting karmostaji
Trade what the chart shows and not the future

LONG Cable LONG
I look at the chart from 2004 and it says cable UP UP UP...

the chart says long forever

the market says long forever

too easy to even think about and buy every dip

but nothing lasts forever

Cable will stop when interest rate differentials reverse I suppose so that is the question really and nothing to do with perceptions of fundamentals changing.....

ok I just bought this dip when the euro woke up
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