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Cable Update (GBPUSD)

  • #49,341
  • Jan 13, 2008 10:16pm Jan 13, 2008 10:16pm
Here is.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD Jan. 13 -2008 Fibo analisis.png Size: 55 KB
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  • #49,342
  • Jan 13, 2008 10:17pm Jan 13, 2008 10:17pm
kind of reflect to the euro jump
Fay All Time Return: -98.7%
  • #49,343
  • Jan 13, 2008 10:18pm Jan 13, 2008 10:18pm
A series of shapes like candles could be arranged in a triangular pattern...


Myke.
  • #49,344
  • Jan 13, 2008 10:19pm Jan 13, 2008 10:19pm
[quote=MykeFX;1800068]
Quoting Carrera


I would say that triangles are a shape that could be part of a pattern, but not a pattern of itself. Like a series of triangles are a pattern.... anyway, look at the pound and the euro go up!

Myke. Peace.....
my point exactly!! you know what I mean, sir.
  • #49,345
  • Jan 13, 2008 10:19pm Jan 13, 2008 10:19pm
Quoting fayz0r
kind of reflect to the euro jump
I see that, but what trigered such a radical jump?
  • #49,346
  • Jan 13, 2008 10:21pm Jan 13, 2008 10:21pm
Quoting Runway Trade
I see that, but what trigered such a radical jump?

maybe big players getting the inflation data before everyone else...........
  • #49,347
  • Jan 13, 2008 10:21pm Jan 13, 2008 10:21pm
Quoting Runway Trade
I see that, but what trigered such a radical jump?
break of 822.
Fay All Time Return: -98.7%
  • #49,348
  • Jan 13, 2008 10:22pm Jan 13, 2008 10:22pm
Quoting Runway Trade
I see that, but what trigered such a radical jump?

http://www.bloomberg.com/apps/news?p...D1Y&refer=home
  • #49,349
  • Jan 13, 2008 10:35pm Jan 13, 2008 10:35pm
Today we heading down... tomorrow up. That's my day trade opinion.
I just trigger my sell button at 1.9619
"Invest With The Insiders, Not The Masses" George Muzea
  • #49,350
  • Jan 13, 2008 10:36pm Jan 13, 2008 10:36pm
Quoting Qu|cksilver
Today we heading down... tomorrow up. That's my day trade opinion.
I just trigger my sell button at 1.9619
glad to finally see you back, missed those trade calls.
  • #49,351
  • Jan 13, 2008 10:40pm Jan 13, 2008 10:40pm
Quoting Qu|cksilver
Today we heading down... tomorrow up. That's my day trade opinion.
I just trigger my sell button at 1.9619
May i know why u said cable going down today?
  • #49,352
  • Jan 13, 2008 10:41pm Jan 13, 2008 10:41pm
Quoting tkh33
May i know why u said cable going down today?
Support and resistance...
Price will be ranging before making new trend (either continue going up or down)
"Invest With The Insiders, Not The Masses" George Muzea
  • #49,353
  • Jan 13, 2008 10:42pm Jan 13, 2008 10:42pm
up to 1.9735
  • #49,354
  • Jan 13, 2008 10:42pm Jan 13, 2008 10:42pm
Quoting Qu|cksilver
Today we heading down... tomorrow up. That's my day trade opinion.
I just trigger my sell button at 1.9619
I am with you. 2 shorts. unfortunatly one at 1.9593 the other 1.9615. T/P at 1.9560!??
  • #49,355
  • Jan 13, 2008 10:42pm Jan 13, 2008 10:42pm
Quoting Qu|cksilver
Support and resistance...
Price will be ranging before making new trend (either continue going up or down)
But... will not break friday low.
"Invest With The Insiders, Not The Masses" George Muzea
  • #49,356
  • Jan 13, 2008 10:51pm Jan 13, 2008 10:51pm
Quoting Runway Trade
I am with you. 2 shorts. unfortunatly one at 1.9593 the other 1.9615. T/P at 1.9560!??
never trade against 15 minutes short term charts and pivot level pivot is
at 1.9561
  • #49,357
  • Jan 13, 2008 10:51pm Jan 13, 2008 10:51pm
Quoting Qu|cksilver
Today we heading down... tomorrow up. That's my day trade opinion.
I just trigger my sell button at 1.9619
What ur SL and profit target area?

Welcome back .
"Forex is like a bitch every trader must marry one"
  • #49,358
  • Jan 13, 2008 10:58pm Jan 13, 2008 10:58pm
Quoting forexguru
never trade against 15 minutes short term charts and pivot level pivot is
at 1.9561
But thats what I was thinking. 15m hit top of Bollinger was moving down indicators had crossed and pointing down, thinking it should move down to pivot of 1.9561? So where did I go wrong. Still thinking it should go to the pivot!
  • #49,359
  • Jan 13, 2008 11:01pm Jan 13, 2008 11:01pm
Quoting Runway Trade
But thats what I was thinking. 15m hit top of Bollinger was moving down indicators had crossed and pointing down, thinking it should move down to pivot of 1.9561? So where did I go wrong. Still thinking it should go to the pivot!
good luck..
  • #49,360
  • Jan 13, 2008 11:05pm Jan 13, 2008 11:05pm
Quoting don_tgomez
What ur SL and profit target area?

Welcome back .
Stoploss 15pip

TP: 1.9519
"Invest With The Insiders, Not The Masses" George Muzea
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