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Cable Update (GBPUSD)

  • #54,321
  • Feb 18, 2008 1:58am Feb 18, 2008 1:58am
Quoting cgldsmth
UK chancellor has just signalled a return to 1970s style Labour, yesterday. These guys are total numpties. Confidence rapidly ebbing from UK fiscal policy, hence the fall....AIMVHO.
wats the name of that chancellor i will give him a % of my winnings
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,322
  • Feb 18, 2008 2:01am Feb 18, 2008 2:01am
Quoting salah k.
wats the name of that chancellor i will give him a % of my winnings
why, do you think he needs it? thats funny, you want to give a chancellor money, even insulting........lol
  • #54,323
  • Feb 18, 2008 2:02am Feb 18, 2008 2:02am
Quoting makey2u
ill jump in if she hits 9529
You're in bro wow the cable hit my 1.9520 target but sad to say M out at 1.9560 whew once again patience is the name of the game & pls stick with you trading plan!
  • #54,324
  • Feb 18, 2008 2:04am Feb 18, 2008 2:04am
Quoting AmeriTrini
why, do you think he needs it? thats funny, you want to give a chancellor money, even insulting........lol
ur right i didnt think about that



"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,325
  • Feb 18, 2008 2:04am Feb 18, 2008 2:04am
Quoting 4x_Trader
You're in bro wow the cable hit my 1.9520 target but sad to say M out at 1.9560 whew once again patience is the name of the game & pls stick with you trading plan!
good call, i did not anticipate it. Sticking to your trading is an even better idea though!!
  • #54,326
  • Feb 18, 2008 2:05am Feb 18, 2008 2:05am
Quoting 4x_Trader
You're in bro wow the cable hit my 1.9520 target but sad to say M out at 1.9560 whew once again patience is the name of the game & pls stick with you trading plan!
i watned to say 9516 but i woulda sounded a bit dumb but shit, she went right to it
And your mouth dropped
  • #54,327
  • Feb 18, 2008 2:05am Feb 18, 2008 2:05am
enough for today....
sell @ 1.9582... Square @ 1.9533.
Try to be Dicipline...
Never Give Up.....
  • #54,328
  • Feb 18, 2008 2:08am Feb 18, 2008 2:08am
euro is dead today
it barely moved
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,329
  • Feb 18, 2008 2:08am Feb 18, 2008 2:08am
Quoting lessy
enough for today....
sell @ 1.9582... Square @ 1.9533.
Try to be Dicipline...
Wow congrats lessy!
  • #54,330
  • Feb 18, 2008 2:10am Feb 18, 2008 2:10am
Quoting 4x_Trader
You're in bro wow the cable hit my 1.9520 target but sad to say M out at 1.9560 whew once again patience is the name of the game & pls stick with you trading plan!
i watned to say 9516 but i woulda sounded a bit dumb but shit, she went right to it
And your mouth dropped
  • #54,331
  • Feb 18, 2008 2:15am Feb 18, 2008 2:15am
jacob was right we will c cable in the 19400 i just hope we do today
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,332
  • Feb 18, 2008 2:16am Feb 18, 2008 2:16am
Quoting makey2u
i watned to say 9516 but i woulda sounded a bit dumb but shit, she went right to it
Don't worry bro the cable will goes favarable to you pos later!
  • #54,333
  • Feb 18, 2008 2:17am Feb 18, 2008 2:17am
gu went down..hahha..going crazy..
  • #54,334
  • Feb 18, 2008 2:18am Feb 18, 2008 2:18am
I'm done for the day.. exited at .9528 with +32 pips.. g'night all.
  • #54,335
  • Feb 18, 2008 2:18am Feb 18, 2008 2:18am
Quoting AmeriTrini
good call, i did not anticipate it. Sticking to your trading is an even better idea though!!
Right you are AmeriTrini! Tnx dude!
  • #54,336
  • Feb 18, 2008 2:21am Feb 18, 2008 2:21am
Quoting rainsurfer
gu went down..hahha..going crazy..
Why not?:surprised:rolling_on_the_floor_laughing: yes going crazy!
  • #54,337
  • Feb 18, 2008 2:22am Feb 18, 2008 2:22am
Quoting 4x_Trader
Why not?:surprised:rolling_on_the_floor_laughing: yes going crazy!
Next entry at 9465, tp 9550
Booo yea
And your mouth dropped
  • #54,338
  • Feb 18, 2008 2:31am Feb 18, 2008 2:31am
Now where have all the longs gone lol.............
  • #54,339
  • Feb 18, 2008 2:35am Feb 18, 2008 2:35am
oh.. im Long alright.. just getting a little hit thats all, ill flap my wings, we'll be coming back up baby
And your mouth dropped
  • #54,340
  • Feb 18, 2008 2:38am Feb 18, 2008 2:38am
H4
“a-a+” ascending correction trend was broken, so now the pair is on its way down to trend lines “N” and “Y” (1.9430).
http://forexmillion.com/images/GRAPH...bpusd%20h4.gif

Daily
The bounce off the higher bound of “C-C+ descending trend confirms the pair’s intentions to break “N” trend line and to continue the descending movement with the target 1.9076.
http://forexmillion.com/images/GRAPH...sd%20daily.gif

Weekly
The breaking of the lower bound of “E-E+” ascending trend implies breaking of the red “N” trend line and reaching the lower bound of “G-G+” channel (turned “double top” shape), the level 1.84/1.85.
http://forexmillion.com/images/GRAPH...d%20weekly.gif

Monthly
A turned “Wolf waves” model was formed (bounce off the 5th wave) with the target 1.7145. The breaking of the black “E-E+” ascending trend confirmed this model and the pair’s intentions to break “N” trend, as well as the lower bound of the turned “double top” shape (1.84/1.85), upon breaking of which the target of the 6th Wolf’s wave, the level 1.7145, will be reached.
http://forexmillion.com/images/GRAPH...%20monthly.gif
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