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Cable Update (GBPUSD)

  • #53,021
  • Feb 11, 2008 4:02pm Feb 11, 2008 4:02pm
Waves
A,B,C,D,E,F,G,H,I,J,K,l M (meaningless)......:-)

tomorrow CPI is most important
  • #53,022
  • Feb 11, 2008 4:18pm Feb 11, 2008 4:18pm
man.. i dont get it, am i the only one that sees a direct shot at 9600??

Ya guys.. start flipping coins, i think its your best bet really; i hear, 9600 9200 96,92, sheesh.. im sticken to what i said earlier. 9600 even if i have to put in a few billions. lol
And your mouth dropped
  • #53,023
  • Feb 11, 2008 4:18pm Feb 11, 2008 4:18pm
Quoting FXdaily
Cable run
but very good job FXdaily
  • #53,024
  • Feb 11, 2008 4:28pm Feb 11, 2008 4:28pm
fajnie spotkać rodaków na FF, coraz nas tu więcej
  • #53,025
  • Feb 11, 2008 4:35pm Feb 11, 2008 4:35pm
Quoting magictrader
fajnie spotkać rodaków na FF, coraz nas tu więcej

:-) lepszej skarbnicy wiedzy o forexie nie ma :-)
  • #53,026
  • Feb 11, 2008 5:24pm Feb 11, 2008 5:24pm
Quoting jacobtrader
I trained something very important thing to all students yesterday About the movement in GU.. And this is what we saw today..
We will cover this todays move also next class

If other people who havent added in MSN yet.. please do add so..
Hi

I've been going here:

http://vyew.com/freeforexcoach/forextraining => book not found

Is there another link?

Also it's rumoured you have made PDFs of your presentations(?)

TIA
Darkness lies one inch ahead..
  • #53,027
  • Feb 11, 2008 5:55pm Feb 11, 2008 5:55pm
Quoting FXdaily
Cable run
Really Analysis of Daily
  • #53,028
  • Feb 11, 2008 5:58pm Feb 11, 2008 5:58pm
cable Run to? where dude
And your mouth dropped
  • #53,029
  • Feb 11, 2008 6:21pm Feb 11, 2008 6:21pm
I wouldn't want to buy GBP/USD now because it would be trading against the strong trend of EUR/GBP. If the EUR/GBP trend continues upward, GBP/USD will also continue to be weaker than EUR/USD. EUR/GBP seems to be at another resting point above the 61.8% move of Dec 3rd low and the Jan 15th high. This is the third time in a row. Will there be a fourth?

A higher low of Jan 27th would confirm this or a clear break below .7400 would invalidate this to me.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp2.GIF Size: 29 KB
  • #53,030
  • Feb 11, 2008 6:29pm Feb 11, 2008 6:29pm
i have chunnel short from 7541 looking for 7300 before resumption
"Millionaires don't use astrology, billionaires do"
  • #53,031
  • Feb 11, 2008 6:44pm Feb 11, 2008 6:44pm
Quoting OrionsWay
i have chunnel short from 7541 looking for 7300 before resumption
I really can't see it going to .7300 but I can see it making a higher low soon. Look at the 200 EMA on the 4H since this trend started in September. Those were the times to buy and price is very close to it again right now. But its just my opinion.
  • #53,032
  • Feb 11, 2008 6:52pm Feb 11, 2008 6:52pm
Quoting ssherwood76
I really can't see it going to .7300 but I can see it making a higher low soon. Look at the 200 EMA on the 4H since this trend started in September. Those were the times to buy and price is very close to it again right now. But its just my opinion.

Yea could be right but daily tells a complete different story, i could be underesitmating the decline, we could go test the 7130 area easily enough, every attempt only resulted in massive selling, unless somthing changes this market is selling
"Millionaires don't use astrology, billionaires do"
  • #53,033
  • Feb 11, 2008 7:05pm Feb 11, 2008 7:05pm
Quoting TraderJR
Hi

I've been going here:

http://vyew.com/freeforexcoach/forextraining => book not found

Is there another link?

Also it's rumoured you have made PDFs of your presentations(?)

TIA
Mr. jacobtrader,
i've been check the add too, but i only find a forum...
i don't know how to interact to your training class...
yes, i'm interested...
Never Give Up.....
  • #53,034
  • Feb 11, 2008 7:12pm Feb 11, 2008 7:12pm
Quoting lessy
Mr. jacobtrader,
i've been check the add too, but i only find a forum...
i don't know how to interact to your training class...
yes, i'm interested...
PLease visit here

http://www.forexfactory.com/showthread.php?t=69422

And further to that.. Next free training is on Saturday.

Thank You
  • #53,035
  • Feb 11, 2008 7:29pm Feb 11, 2008 7:29pm
Quoting jacobtrader
PLease visit here

http://www.forexfactory.com/showthread.php?t=69422

And further to that.. Next free training is on Saturday.

Thank You
Thank You...
Never Give Up.....
  • #53,036
  • Feb 11, 2008 7:38pm Feb 11, 2008 7:38pm
Mr. jacobtrader...
i see that cable doing retracement....
what do you think?
could cable brake the resistant & go up now or still go south according the daily tren?
@ what level it stop if still go south?
thank you....
Never Give Up.....
  • #53,037
  • Feb 11, 2008 7:43pm Feb 11, 2008 7:43pm
[quote=jacobtrader;1845830]PLease visit here

http://www.forexfactory.com/showthread.php?t=69422

And further to that.. Next free training is on Saturday.

Thank You...

Human trading is subject to our interpretation and firm belief that the market is supposed to act a certain way... No matter what!!! What is the first rule of trading? Price dictates everything and the market is always right... I am in a sell at 1.9425 sure that the news was going to be bad for the GBP and that it would tank more, which of course it didn't as the news was really good for the GBP... Now my account is way negative and if it continues up my account is toast again... We really need to be felxible and go with the market not try and control it which we can't...

May the pips be with us all...
  • #53,038
  • Feb 11, 2008 7:52pm Feb 11, 2008 7:52pm
We are still in a Down trend..
The Data which has been flowing.
Is Mixed..
TradeBalance is Low.
PPI High
Retail Sales high, where as UK business confidence is low..

Market waits for much important BOE Inflation Report on Wednesday..

If you pick up your 4 HR Chart, or Pick up your Daily Chart.. For many Hours market is moving in the range.. And we are in down trend until and unless the bullish resistance isnt capped.
  • #53,039
  • Feb 11, 2008 10:50pm Feb 11, 2008 10:50pm
The 38% fibo is been very important with this pair.

There is just one chart, nothing bellow.
If you want to see complete analyisis about the 38%, just clik here 50849 .
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD Feb. 13-2008 fibo analisis 32.8 and Andrews Pitchfork.png Size: 49 KB
  • #53,040
  • Feb 11, 2008 11:36pm Feb 11, 2008 11:36pm
Gentlemen,
Do we have a double bottom on the daily chart!! On 1.9415 which a good support point also, price now 1.9513 we pace the weekly 38.2 fibo next level will be 1.9532 , 1.9611 and 1.9733.
Lets see what will happen and be careful about today news. here.
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