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Cable Update (GBPUSD)

  • #52,941
  • Feb 11, 2008 4:27am Feb 11, 2008 4:27am
Quoting LukaszH
Yes Mixed .. BUT PPI rised a lot probably tommorow CPI will be better too ... after it cable can change a trend

:-)




tez tak mysle :-)
  • #52,942
  • Feb 11, 2008 4:33am Feb 11, 2008 4:33am
The bigger trend is down but there is something called retracements, so don't marry ur short positions.
Trade what you see, not what you think.
  • #52,943
  • Feb 11, 2008 4:33am Feb 11, 2008 4:33am
Quoting Abuawad
i think not before testing 1.9510 & 1.9532.
please check the chart....
Attached Image (click to enlarge)
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  • #52,944
  • Feb 11, 2008 4:36am Feb 11, 2008 4:36am
Quoting Abuawad
Hi,
It seem cable respect the Fibo 50% and rise up from it as the last two weeks, can we see cable try to test it for the third time next week if its broken cable will test 1.9200 and 1.9100
Hay Abuawad seems like your fan has held perfectly,like I said buy at 1.9400
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #52,945
  • Feb 11, 2008 4:38am Feb 11, 2008 4:38am
Quoting patryn
:-)




tez tak mysle :-)
heheh powitac rodaka

Anyway Now if cable rise over 1.9525 has clear way up to 1.960
  • #52,946
  • Feb 11, 2008 4:42am Feb 11, 2008 4:42am
Quoting Abuawad
i think not before testing 1.9510 & 1.9532.

Who wanna Dance
  • #52,947
  • Feb 11, 2008 4:46am Feb 11, 2008 4:46am
Quoting karmostaji
The bigger trend is down but there is something called retracements, so don't marry ur short positions.
Because PPI is good n trade balance narrowed, so maybe tomorrow the CPI news will be good too? so that means BOE will retain IR next month? Gradual? am i right? any opinions?? retracement here we come.... :-)
"IT'S GOING TO BE LIKE COMING INTO THE JUNGLE" - K G
  • #52,948
  • Feb 11, 2008 4:47am Feb 11, 2008 4:47am
i see that the recent downtrend resisatnce line on the 1H TF has well been broken, i was actually anticipating a bounce off it, but it zipped through! Hoa! and here we go that shrek kind of a thing greening my pips all the way...!

has the uptrend begun?

this is what i am talking abt:

http://i81.photobucket.com/albums/j2...pifagiph-6.gif
I believe . . .
  • #52,949
  • Feb 11, 2008 4:52am Feb 11, 2008 4:52am
Quoting ghous
i see that the recent downtrend resisatnce line on the 1H TF has well been broken, i was actually anticipating a bounce off it, but it zipped through! Hoa! and here we go that shrek kind of a thing greening my pips all the way...!

has the uptrend begun?

this is what i am talking abt:

http://i81.photobucket.com/albums/j2...pifagiph-6.gif

You draw the Fibo on the H/L?
  • #52,950
  • Feb 11, 2008 4:56am Feb 11, 2008 4:56am
Quoting Abuawad
You draw the Fibo on the H/L?
what do you mean?
I believe . . .
  • #52,951
  • Feb 11, 2008 5:00am Feb 11, 2008 5:00am
For those who having Open Buy, what is right level to close?
  • #52,952
  • Feb 11, 2008 5:01am Feb 11, 2008 5:01am
Quoting Pak Yop
For those who having Open Buy, what is right level to close?
1.9520 ~ 1.9536
  • #52,953
  • Feb 11, 2008 5:02am Feb 11, 2008 5:02am
Quoting ghous
what do you mean?
the Fibo lines you draw it you start drawing from the high to the low?
  • #52,954
  • Feb 11, 2008 5:04am Feb 11, 2008 5:04am
Abu awad is there something wrong with the way i drew my fib's i am relatively new to the use of Fib's i may have drawn wrongly....actualyl i drew from the high of the last bull candle to the lowest low where the downtrend found support.....is that wrong??
Quote
For those who having Open Buy, what is right level to close? Today 3:56pm
anways i took my long postion a few mins ago when i saw my trendline break and closed it 50% fib level....you can see that in my chart i posted...
I believe . . .
  • #52,955
  • Feb 11, 2008 5:06am Feb 11, 2008 5:06am
Quoting ghous
Abu awad is there something wrong with the way i drew my fib's i am relatively new to the use of Fib's i may have drawn wrongly....actualyl i drew from the high of the last bull candle to the lowest low where the downtrend found support.....is that wrong??

anways i took my long postion a few mins ago when i saw my trendline break and closed it 50% fib level....you can see that in my chart i posted...
Fibo start and end by the close not H/L.
  • #52,956
  • Feb 11, 2008 5:07am Feb 11, 2008 5:07am
Quoting Abuawad
1.9520 ~ 1.9536
Thank you AbuAwad.
Actually I am on sell position. I am afraid of margin call.
I will have margin call if price goes to 1.9600

With the number that you give, I fell confortable.
Once again, thank you.
  • #52,957
  • Feb 11, 2008 5:08am Feb 11, 2008 5:08am
Quote
Fibo start and end by the close not H/L.
ok thx bro! i madse a mistake there but do you agree on what i posted before, the trendline and all, the break was real right??
I believe . . .
  • #52,958
  • Feb 11, 2008 5:09am Feb 11, 2008 5:09am
Quoting Pak Yop
Thank you AbuAwad.
Actually I am on sell position. I am afraid of margin call.
I will have margin call if price goes to 1.9600

With the number that you give, I fell confortable.
Once again, thank you.
Good for you, the cable now in down trend to 1.9415 & 1.9385
  • #52,959
  • Feb 11, 2008 5:11am Feb 11, 2008 5:11am
ghous, that is right h/l that range is the value to bee disected into ratio's
"Millionaires don't use astrology, billionaires do"
  • #52,960
  • Feb 11, 2008 5:14am Feb 11, 2008 5:14am
My Analysis .Maybe gu will go to 1.9600
Because it reached R1 and it 's stand up above R1..

be to Back to my order please
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