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Cable Update (GBPUSD)

  • #36,121
  • Oct 18, 2007 7:21am Oct 18, 2007 7:21am
right. and until 2.05 is broken, i don't imagine a bull run. after that, i'm all bull .

Quoting bullrock
Well WATTAHELL...
Lesson #1: Never imagine anything in FX.
Nihil Sine Deo.
  • #36,122
  • Oct 18, 2007 7:21am Oct 18, 2007 7:21am
Quoting cesarnc
That's what my 3y.o nephew just said

.
  • #36,123
  • Oct 18, 2007 7:21am Oct 18, 2007 7:21am
Quoting de123
...yes we shall...
give me your hand
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  • #36,124
  • Oct 18, 2007 7:22am Oct 18, 2007 7:22am
Quoting Scrat
right. and until 2.05 is broken, i don't imagine a bull run. after that, i'm all bull .
Do not imagine a "don't imagine" coz then you imagine...
.
  • #36,125
  • Oct 18, 2007 7:24am Oct 18, 2007 7:24am
Wrap up. THE PRICE JUST BROKE A TRENDLINE THAT WAS FORMING SINCE 24th of July or approx 3 months.... Any thoughts?
.
  • #36,126
  • Oct 18, 2007 7:25am Oct 18, 2007 7:25am

Quoting bullrock
Do not imagine a "don't imagine" coz then you imagine...
Nihil Sine Deo.
  • #36,127
  • Oct 18, 2007 7:30am Oct 18, 2007 7:30am
I LOVE MAKING MONEYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY. I LOVE YOU POUND I LOVE YOU EURO YEAHHHHHHHHHHHHHHHHHHHHHHHHHHHH
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #36,128
  • Oct 18, 2007 7:30am Oct 18, 2007 7:30am
Quoting bullrock
Do not imagine a "don't imagine" coz then you imagine...
You guys must have a lot of free time .
  • #36,129
  • Oct 18, 2007 7:31am Oct 18, 2007 7:31am
0500 is critical, but either way, it's not a time to short.

The formation in the H4 is a classic, with the last leg down bouncing off the middle of the channel.

We are having a breakout gentlemen
  • #36,130
  • Oct 18, 2007 7:31am Oct 18, 2007 7:31am
2007.10.18 15:30:01 *US Jobless Claims Post Biggest Weekly Rise Since Feb. 10
2007.10.18 15:30:01 *US Jobless Claims +28K To 337K In Oct 13 Wk; Survey +7K
2007.10.18 15:30:01 *US Oct 6 Week Continuing Claims +19K to 2,534,000
  • #36,131
  • Oct 18, 2007 7:34am Oct 18, 2007 7:34am
Quoting benssol
2007.10.18 15:30:01 *US Jobless Claims Post Biggest Weekly Rise Since Feb. 10
2007.10.18 15:30:01 *US Jobless Claims +28K To 337K In Oct 13 Wk; Survey +7K
2007.10.18 15:30:01 *US Oct 6 Week Continuing Claims +19K to 2,534,000
So we should long the dollar then
.
  • #36,132
  • Oct 18, 2007 7:35am Oct 18, 2007 7:35am
Quoting cesarnc
0500 is critical, but either way, it's not a time to short.

The formation in the H4 is a classic, with the last leg down bouncing off the middle of the channel.

We are having a breakout gentlemen

IF ANYONE SHORT TODAY IS GOING TO HAVE A BAD TIME.....THE PAIR IS GOING TO BREAK THAT 0500 TODAY....AND IF WE DONT BREAK DUDE THEN I WOULD BE CONFUSED AS HELL......
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #36,133
  • Oct 18, 2007 7:35am Oct 18, 2007 7:35am
http://anitacaty.blogs.sapo.pt/arqui...ver%20copy.jpg

:
  • #36,134
  • Oct 18, 2007 7:36am Oct 18, 2007 7:36am
Quoting Ayham
You guys must have a lot of free time .
You should have too.. Sitting on huge oil reserves shile the oil price rockets to the sky...
.
  • #36,135
  • Oct 18, 2007 7:36am Oct 18, 2007 7:36am
Jobless claims usualy has an effect? Never traded on them in this first month
Risk Less in the next transaction after a Win.
  • #36,136
  • Oct 18, 2007 7:37am Oct 18, 2007 7:37am
Quoting bullrock
So we should long the dollar then
no way dude im shorting all the way to that 38 fib spot...below 114.00.....

i mean who would buy the dollar right now....:
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #36,137
  • Oct 18, 2007 7:37am Oct 18, 2007 7:37am
Quoting bullrock
So we should long the dollar then
LOL

Jobless claims rose by 28,000 to 337,000 in the week ended Oct. 13. That was the biggest one-week gain since Feb 10 when claims rose by 42,000. The four-week moving average increased to 316,500 from 310,500, back into the range the average has been in all year. It's a sign of increased job loss, but is still somewhat on the low side of the worrisome range.
  • #36,138
  • Oct 18, 2007 7:41am Oct 18, 2007 7:41am
The dollar, which sank to a new all-time low versus the euro earlier Thur, remains under pressure after a US report showed the number of US workers filing new claims for jobless benefits soared last week, suggesting the housing recession is taking a toll on hiring. Recently, EUR/USD was at 1.4299 from 1.4195 late Wed.



--------------------------
the trend is you MF friend
  • #36,139
  • Oct 18, 2007 7:41am Oct 18, 2007 7:41am
Quoting benssol
LOL

Jobless claims rose by 28,000 to 337,000 in the week ended Oct. 13. That was the biggest one-week gain since Feb 10 when claims rose by 42,000. The four-week moving average increased to 316,500 from 310,500, back into the range the average has been in all year. It's a sign of increased job loss, but is still somewhat on the low side of the worrisome range.
Adds to the cut cause...

I just want to see the mess in case of a no-cut LOL
  • #36,140
  • Oct 18, 2007 7:47am Oct 18, 2007 7:47am
So anyone short? i'm long 50 pips sl with no TP as i expect a long term ((3-4 days) rise.
Risk Less in the next transaction after a Win.
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