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Cable Update (GBPUSD)

  • #49,341
  • Jan 14, 2008 12:16am Jan 14, 2008 12:16am
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 14, 2008 12:17am Jan 14, 2008 12:17am
kind of reflect to the euro jump
Fay All Time Return: -98.7%
  • #49,343
  • Jan 14, 2008 12:18am Jan 14, 2008 12:18am
A series of shapes like candles could be arranged in a triangular pattern...


Myke.
  • #49,344
  • Jan 14, 2008 12:19am Jan 14, 2008 12:19am
[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 14, 2008 12:19am Jan 14, 2008 12:19am
Quoting fayz0r
kind of reflect to the euro jump
I see that, but what trigered such a radical jump?
  • #49,346
  • Jan 14, 2008 12:21am Jan 14, 2008 12:21am
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 14, 2008 12:21am Jan 14, 2008 12:21am
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 14, 2008 12:22am Jan 14, 2008 12:22am
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 14, 2008 12:35am Jan 14, 2008 12:35am
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 14, 2008 12:36am Jan 14, 2008 12:36am
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 14, 2008 12:40am Jan 14, 2008 12:40am
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 14, 2008 12:41am Jan 14, 2008 12:41am
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 14, 2008 12:42am Jan 14, 2008 12:42am
up to 1.9735
  • #49,354
  • Jan 14, 2008 12:42am Jan 14, 2008 12:42am
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 14, 2008 12:42am Jan 14, 2008 12:42am
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 14, 2008 12:51am Jan 14, 2008 12:51am
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 14, 2008 12:51am Jan 14, 2008 12:51am
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 14, 2008 12:58am Jan 14, 2008 12:58am
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 14, 2008 1:01am Jan 14, 2008 1:01am
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 14, 2008 1:05am Jan 14, 2008 1:05am
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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