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Cable Update (GBPUSD)

  • #50,141
  • Jan 18, 2008 3:39am Jan 18, 2008 3:39am
Where now? How far will it retract?
  • #50,142
  • Jan 18, 2008 3:39am Jan 18, 2008 3:39am
Let's see how price reacts to 9600. A blast tru here would target 9500
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Measure twice, cut once
  • #50,143
  • Jan 18, 2008 3:40am Jan 18, 2008 3:40am
Quoting huto
sorry for a question but do these gaps occure in forex often I saw it for the first time
Yes they do when there are news annoucements like now.
  • #50,144
  • Jan 18, 2008 3:41am Jan 18, 2008 3:41am
I'm long from 1.96, target 1.98
"Of all the things I've lost, I miss my mind the most"
  • #50,145
  • Jan 18, 2008 3:44am Jan 18, 2008 3:44am
Quoting JCash
I'm long from 1.96, target 1.98
i agree with reaching 1.98............... and soon!!!
  • #50,146
  • Jan 18, 2008 3:44am Jan 18, 2008 3:44am
And there we are. Thank you to all followers.
  • #50,147
  • Jan 18, 2008 3:46am Jan 18, 2008 3:46am
....wonderful friday and good week indeed, time to shut down everything and start the w/end....have a nice one everybody,back on sunday!
  • #50,148
  • Jan 18, 2008 3:47am Jan 18, 2008 3:47am
You might get a retractment but "Cable".
Humble Lifetime Member
  • #50,149
  • Jan 18, 2008 3:48am Jan 18, 2008 3:48am
Yes good tp 1.9465 is today .
  • #50,150
  • Jan 18, 2008 3:49am Jan 18, 2008 3:49am
Quoting FXdaily
And there we are. Thank you to all followers.
..dont get big head,nobody is your follower here!
  • #50,151
  • Jan 18, 2008 3:49am Jan 18, 2008 3:49am
ash did u see this comin? ....
  • #50,152
  • Jan 18, 2008 3:51am Jan 18, 2008 3:51am
Something everyone should take a minute to ponder before jumping in long, that miss was pretty big. The BoE is clearly behind the curve. Their decision to stay neutral last week, in light of these figures, was a big mistake. This will put pressure on the pound until Feb easily. Unless Ben drops the dollar nukes early (and keep in mind, 50bp is already priced in), this could see 1.948 low broken.

Forget charts & technicals.
  • #50,153
  • Jan 18, 2008 3:51am Jan 18, 2008 3:51am
I went short by following my system at 1.9720 and
closed it for 140 pips, free and sweet easy money lol
  • #50,154
  • Jan 18, 2008 3:51am Jan 18, 2008 3:51am
Quoting 30pips
..dont get big head,nobody is your follower here!

I dont really care i m best !
  • #50,155
  • Jan 18, 2008 3:55am Jan 18, 2008 3:55am
Does anybody have an idea when to go long?
  • #50,156
  • Jan 18, 2008 3:56am Jan 18, 2008 3:56am
Quoting FXdaily
I dont really care i m best !
lol
  • #50,157
  • Jan 18, 2008 3:56am Jan 18, 2008 3:56am
you impress me Fxdaily
  • #50,158
  • Jan 18, 2008 3:56am Jan 18, 2008 3:56am
i did further analysis last night ...and a downtrend was definate we had 4 windows, one was tested last yesterday and price failed to break retraced back to normal breakout point and proceeded downhill.

there was a perfect head n shoulders pattern which if broken would give 80 pips or so and it did.....confirmation..confluence of multiple signs all comin together

it all in the charts...
  • #50,159
  • Jan 18, 2008 3:57am Jan 18, 2008 3:57am
Quoting nAVIN2007
ash did u see this comin? ....
I had a feeling. After I closed my two shorts last week for 2948 pips. I waited to get back in which I did yesterday. I had suspected that sales numbers wouldn't be coming in so great as I had my reasons / analysis and personal observations.

No one can predict with 100% accuracy but if you do your homework right, you can have a better chance at succeeding.
Humble Lifetime Member
  • #50,160
  • Jan 18, 2008 3:57am Jan 18, 2008 3:57am
Quoting edward77
I went short by following my system at 1.9720 and
closed it for 140 pips, free and sweet easy money lol
...how long did you wait to pocket those pips....probably more than 8 hrs,not easy bro!
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