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Cable Update (GBPUSD)

  • #53,401
  • Feb 13, 2008 3:05am Feb 13, 2008 3:05am
Quoting Top Cat
Hello Abuawwad,

I have been reviewing your chart from post #53409. How did you determine the “unknown area” and how many sets of fib’s do you use?

TC
From the opening point to the nearest support and resistant. Haw many fibo only two on the long term the weekly and the short term daily. i hope you find it easy
  • #53,402
  • Feb 13, 2008 3:06am Feb 13, 2008 3:06am
Quoting Abuawad
Correct you are not wrong, check this out

http://forexfactory.com/showpost.php?p=1847979&postcount=53375

if I understand well how you made your analysis, every time price touch a level will continue to go down or retrace? explain pls
  • #53,403
  • Feb 13, 2008 3:09am Feb 13, 2008 3:09am
Quoting forexguru
if I understand well how you made your analysis, every time price touch a level will continue to go down or retrace? explain pls
Kind of yes or it will down or retrace according to the next point.
  • #53,404
  • Feb 13, 2008 3:12am Feb 13, 2008 3:12am
Quoting Abuawad
Kind of yes or it will down or retrace according to the next point.
i see... nice arrows by the way..
  • #53,405
  • Feb 13, 2008 3:17am Feb 13, 2008 3:17am
Can someone answer this?
do you guys think we'll ever see the GBP move like it would at 2001-2006 daily charts? it would move one direction for almost 1000pips without retracing? And ya guys think it'll ever range less then 100 pips a day for like 2 or 3 weeks straight as it has in the past between the 2001-2006???? its 2008.. and im just loving the way the GBP moves.... its just.. to perfect it scares me..
And your mouth dropped
  • #53,406
  • Feb 13, 2008 3:17am Feb 13, 2008 3:17am
Quoting forexguru
i see... nice arrows by the way..
Ready made by Photoshop shapes :
  • #53,407
  • Feb 13, 2008 3:37am Feb 13, 2008 3:37am
Growth is strong, so what does that mean for the BOE??



p.s.- it bounced right off the daily pivot!!!!......... lol!!!!
  • #53,408
  • Feb 13, 2008 3:38am Feb 13, 2008 3:38am
Quoting AmeriTrini
Growth is strong, so what does that mean for the BOE??

no rate-cut
Trade what you see, not what you think.
  • #53,409
  • Feb 13, 2008 3:41am Feb 13, 2008 3:41am
Quoting karmostaji
no rate-cut
  • #53,410
  • Feb 13, 2008 3:44am Feb 13, 2008 3:44am
then is it a good idea to hold my long for medium term?
  • #53,411
  • Feb 13, 2008 3:49am Feb 13, 2008 3:49am
Quoting avi907
then is it a good idea to hold my long for medium term?
my opinion ... cable will find resistance between 1.9630 to 1.9670
  • #53,412
  • Feb 13, 2008 3:50am Feb 13, 2008 3:50am
Quoting avi907
then is it a good idea to hold my long for medium term?
you should have a trading plan for take profit, or take loss, do not count on other people about your money!
  • #53,413
  • Feb 13, 2008 3:51am Feb 13, 2008 3:51am
Quoting deboooo2005
my opinion ... cable will find resistance between 1.9630 to 1.9670
there are 1.9632 and 1.9672
  • #53,414
  • Feb 13, 2008 3:52am Feb 13, 2008 3:52am
Quoting deboooo2005
my opinion ... cable will find resistance between 1.9630 to 1.9670
reasonable thanks bro
  • #53,415
  • Feb 13, 2008 3:54am Feb 13, 2008 3:54am
Quoting Abuawad
there are 1.9632 and 1.9672
hello abuawad alsalmou alaykom

just question how do u know the result of the BOE Inflation Report?????

thanks
  • #53,416
  • Feb 13, 2008 3:57am Feb 13, 2008 3:57am
Quoting lebvirus
hello abuawad alsalmou alaykom

just question how do u know the result of the BOE Inflation Report?????

thanks
http://www.bankofengland.co.uk/publi...t/irlatest.htm
  • #53,417
  • Feb 13, 2008 3:58am Feb 13, 2008 3:58am
Quoting forexguru
you should have a trading plan for take profit, or take loss, do not count on other people about your money!
yes my friend i have my own tp, sl and my own strategy, but i like to take other's opinions... thanks for your notice
  • #53,418
  • Feb 13, 2008 4:01am Feb 13, 2008 4:01am
Quoting avi907
yes my friend i have my own tp, sl and my own strategy, but i like to take other's opinions... thanks for your notice
thats sounds good ... here better place for knowldge not for signals
  • #53,419
  • Feb 13, 2008 4:02am Feb 13, 2008 4:02am
Quoting Abuawad
http://www.bankofengland.co.uk/publi...t/irlatest.htm
also live webcasting
http://streamstudio.world-television...m=wm-video-300
  • #53,420
  • Feb 13, 2008 4:09am Feb 13, 2008 4:09am
Quoting Abuawad
also live webcasting
http://streamstudio.world-television...m=wm-video-300

ok shokran abuawad .
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