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Cable Update (GBPUSD)

  • #3,821
  • Dec 28, 2006 7:11pm Dec 28, 2006 7:11pm
Mildly "encouraging" to see the higher lows from 9606 (that's called grasping for straws!!)
  • #3,822
  • Dec 28, 2006 7:39pm Dec 28, 2006 7:39pm
From my experience straws only increase the effect of the false illusion !! More to the point, I must take a break. I have seen nothing to change my initial impression but only time will tell. I will make final evaluations just prior to EZ open as to have all available data. Wishing each of you the best tonight and a most glorious New Year !!
  • #3,823
  • Dec 28, 2006 7:43pm Dec 28, 2006 7:43pm
And in response to your signature Money Master, The Answer Is "YES" !!
  • #3,824
  • Dec 28, 2006 7:44pm Dec 28, 2006 7:44pm
Quoting fxkenny
From my experience straws only increase the effect of the false illusion !! More to the point, I must take a break. I have seen nothing to change my initial impression but only time will tell. I will make final evaluations just prior to EZ open as to have all available data. Wishing each of you the best tonight and a most glorious New Year !!
Thanks and cool runnings mate...
  • #3,825
  • Dec 28, 2006 7:48pm Dec 28, 2006 7:48pm
Do I dare take my meager profit now....or hold forth despite the contrarian positions of those who dare challenged? Rhetorical.
  • #3,826
  • Dec 28, 2006 7:50pm Dec 28, 2006 7:50pm
Quoting fxkenny
And in response to your signature Money Master, The Answer Is "YES" !!
That's Good News!
  • #3,827
  • Dec 28, 2006 7:53pm Dec 28, 2006 7:53pm
Quoting MoneyMa$ter
Do I dare take my meager profit now....or hold forth despite the contrarian positions of those who dare challenged? Rhetorical.
That depends, you got something better to do.
Man who scratches ass should not bite fingernails
  • #3,828
  • Dec 28, 2006 8:04pm Dec 28, 2006 8:04pm
do yall think the gbp usd is going 2do a big drop ???????because the usd chf suppose to go down to12000 so how can the gbp go down also?
Quoting Leugimp
That depends, you got something better to do.
  • #3,829
  • Dec 28, 2006 8:06pm Dec 28, 2006 8:06pm
Hey MM, you gotta get yourself an avatar and stop advertising for those other "Stars" of the money magazine cover!

grin.
Thom
  • #3,830
  • Dec 28, 2006 8:08pm Dec 28, 2006 8:08pm
we're probably all wrong and GBPUSD is just going to stay in this tight range all day.
Man who scratches ass should not bite fingernails
  • #3,831
  • Dec 28, 2006 8:15pm Dec 28, 2006 8:15pm
if anyone likes rsi reverse engineer as targets, 7 period rsi target 40 = 9572 by 5AM. RSI Target 30 = 9515 by 5AM. If moves up and rsi is to diverge target 70= 9668 on close of 4 hr but would have to spike at or above 9675.
If it diverges, cant close above 9679 at 5AM. This is as of right now, may change slightly at 1AM
Man who scratches ass should not bite fingernails
  • #3,832
  • Dec 28, 2006 8:28pm Dec 28, 2006 8:28pm
Quoting Leugimp
That depends, you got something better to do.
Yeah, get to a warm, sunny climate, with white beaches, blue sky and blue/green water!

But profits increased since I last checked!
  • #3,833
  • Dec 28, 2006 8:32pm Dec 28, 2006 8:32pm
Quoting accrete
Hey MM, you gotta get yourself an avatar and stop advertising for those other "Stars" of the money magazine cover!

grin.
Thom
Hey Buddy,

Merry Christmas to ya. There's an old saying: get away from people that got your problem and get with those who got your answer! Tiger and LeBron are the kind of folks I like getting with cause they got my answer a zillion times over!
  • #3,834
  • Dec 28, 2006 8:33pm Dec 28, 2006 8:33pm
Hey all you EW People, isn't this of 3 of 3 of a wave 1 about to come?
Man who scratches ass should not bite fingernails
  • #3,835
  • Dec 28, 2006 8:33pm Dec 28, 2006 8:33pm
Just hit the new TL at 9632....
  • #3,836
  • Dec 28, 2006 8:35pm Dec 28, 2006 8:35pm
And 10 pips above the 38 fib....
  • #3,837
  • Dec 28, 2006 8:35pm Dec 28, 2006 8:35pm
Quoting MoneyMa$ter

But profits increased since I last checked!
Hurry, hurry , get out while you can her it comes baby.
Man who scratches ass should not bite fingernails
  • #3,838
  • Dec 28, 2006 8:38pm Dec 28, 2006 8:38pm
Quoting Leugimp
Hurry, hurry , get out while you can her it comes baby.
I want to see it push through the TL by like 5 pips or so to 9640, before it takes another break....
  • #3,839
  • Dec 28, 2006 8:47pm Dec 28, 2006 8:47pm
Okay, stalled earlier at 1.9625, the 38 fib. Now stalling at new TL 9635. If it musters strength to breakthrough TL, then 9650 comes back into view. Otherwise, it may head south off the new TL, having exhausted it's small "long" for the night.
  • #3,840
  • Dec 28, 2006 8:56pm Dec 28, 2006 8:56pm
in all honesty, if this thing doesn't crwl under 9631 in the next 50 ticks, I think it may find its way to 9670.
Man who scratches ass should not bite fingernails
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