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Cable Update (GBPUSD)

  • #55,221
  • Feb 21, 2008 11:21am Feb 21, 2008 11:21am
Quoting iakq
long 603 tp 658.......any comments...
I would wait now until it breaks the trendline...
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  • #55,222
  • Feb 21, 2008 11:22am Feb 21, 2008 11:22am
I am telling you all, Cable will go down. (Book)Mark my words!
  • #55,223
  • Feb 21, 2008 11:25am Feb 21, 2008 11:25am
Quoting bullrock
Yes that. But the blue triangles represent a gartley type bullish pattern. After that the bars are widening representing a widening triangle. Then we had a false breakout downwards. Just to resume. and breakout upwards...
yep... so need to break the trendline to targetting 2.0xxx.
ok then... thank's BullROCKS...
"IT'S GOING TO BE LIKE COMING INTO THE JUNGLE" - K G
  • #55,224
  • Feb 21, 2008 11:27am Feb 21, 2008 11:27am
Quoting mazdaz
I am telling you all, Cable will go down. (Book)Mark my words!
You reflected my exact same, coequal, comparable, compatible and corresponding thoughts

OH BOY, I am running out of words now!!
  • #55,225
  • Feb 21, 2008 11:40am Feb 21, 2008 11:40am
Quoting shiva
You reflected my exact same, coequal, comparable, compatible and corresponding thoughts

OH BOY, I am running out of words now!!
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  • #55,226
  • Feb 21, 2008 11:46am Feb 21, 2008 11:46am
hey, anyone using oanda? i can't login into my account...
Nihil Sine Deo.
  • #55,227
  • Feb 21, 2008 11:48am Feb 21, 2008 11:48am
I am on Oanda. It's working fine.
  • #55,228
  • Feb 21, 2008 11:48am Feb 21, 2008 11:48am
Quoting Scrat
hey, anyone using oanda? i can't login into my account...
Yes I am. I have 3 instances open. All OK.
.
  • #55,229
  • Feb 21, 2008 11:50am Feb 21, 2008 11:50am
Oanda running fine on this end.
  • #55,230
  • Feb 21, 2008 11:53am Feb 21, 2008 11:53am
We are a bit overstretched for today IMHO
.
  • #55,231
  • Feb 21, 2008 11:56am Feb 21, 2008 11:56am
hey
i need to ask which RSI(period of 14 or 5) is better wen analyzing cable using 4h timeframe
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,232
  • Feb 21, 2008 11:58am Feb 21, 2008 11:58am
Quoting salah k.
hey
i need to ask which RSI(period of 14 or 5) is better wen analyzing cable using 4h timeframe
I have no idea but the 5 is more sensitive. I have 7 and 3 on top of each other
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  • #55,233
  • Feb 21, 2008 11:58am Feb 21, 2008 11:58am
I do believe someone once said i did a dumb trade and to admit it, and my limit was at 9630... right but who am I, ay?... anyways... i really Hope all of you got something out of it, and if you have im very porud at each one of you guys, good SHIT! WOOT!
And your mouth dropped
  • #55,234
  • Feb 21, 2008 12:01pm Feb 21, 2008 12:01pm
Hey guys, where is the resistance now ?
  • #55,235
  • Feb 21, 2008 12:03pm Feb 21, 2008 12:03pm
That is it. It is falling -8 pips
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  • #55,236
  • Feb 21, 2008 12:04pm Feb 21, 2008 12:04pm
Quoting AheadThere
Hey guys, where is the resistance now ?
I think somewhere here.... 1.9632 ish
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  • #55,237
  • Feb 21, 2008 12:05pm Feb 21, 2008 12:05pm
Quoting bullrock
That is it. It is falling -8 pips
I have reason to believe she may break....
And your mouth dropped
  • #55,238
  • Feb 21, 2008 12:09pm Feb 21, 2008 12:09pm
Quoting bullrock
I think somewhere here.... 1.9632 ish
I agree. I see the monthly pivot around 1.9648.
Humble Lifetime Member
  • #55,239
  • Feb 21, 2008 12:11pm Feb 21, 2008 12:11pm
Quoting bullrock
I have no idea but the 5 is more sensitive. I have 7 and 3 on top of each other
if its 5
then it is way overbought
its at 83
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,240
  • Feb 21, 2008 12:16pm Feb 21, 2008 12:16pm
Quoting salah k.
if its 5
then it is way overbought
its at 83
Yes it is overbought. There is another thing We had 5 consecutive upwards closing bars on the 4H chart. In the last 7 years only 90 times was more than 5. And 1189 times more than 2 so you can compare. I think it is hoigh time for a bit of a correction.
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