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Cable Update (GBPUSD)

  • #55,781
  • Feb 26, 2008 3:11am Feb 26, 2008 3:11am
Quoting nAVIN2007
we might actually be moving up this time..
passed the pivot point too
oh no ....back to where we started...we are struck!!!

i think the euro numbers pushed it up
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,782
  • Feb 26, 2008 3:15am Feb 26, 2008 3:15am
Quoting AmeriTrini
Nah, I dont buy the current movements. US ppi will send it down, look to buy on a dip. Its failing to go higher, it must be a sign!
Ive been in the trade since sunday night..i should have been more disciplined in my entry, i so thought we were going up!...still it moving up slowly
  • #55,783
  • Feb 26, 2008 3:17am Feb 26, 2008 3:17am
Quoting learningfx
We will now see 9700+ today
i dont know about that dollar seems strong
look at commodities they are down plus we have PPI today
so i think cable is stuck today or to the downside unless Business Investment number comes strong.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,784
  • Feb 26, 2008 3:28am Feb 26, 2008 3:28am
Cable near the top of a trend line. 1H chart bullish 4H and Day bearish. I’ll wait for 1H to turn then short. I think around the 680-690 mark. Cable going down to around 9400, bottom of channel. USD/JPY should also start going down?
  • #55,785
  • Feb 26, 2008 3:39am Feb 26, 2008 3:39am
Quoting Runway Trade
Cable near the top of a trend line. 1H chart bullish 4H and Day bearish. I’ll wait for 1H to turn then short. I think around the 680-690 mark. Cable going down to around 9400, bottom of channel. USD/JPY should also start going down?
i doubt it....it will be interesting to see how much down it moves when it hits this trendline, if it doesnt move down much there will be postive diverengence which will shoot it up!. The formation of candle sticks on daily/1 hr dont show that price is going to fall..just my take on it..
  • #55,786
  • Feb 26, 2008 3:40am Feb 26, 2008 3:40am
watch this pound as it breaks the trend line and squeezes to .9800 - i do agree jpy down
  • #55,787
  • Feb 26, 2008 3:49am Feb 26, 2008 3:49am
I predict a sharp downward turn at 1.43 GMT


Quoting nAVIN2007
i doubt it....it will be interesting to see how much down it moves when it hits this trendline, if it doesnt move down much there will be postive diverengence which will shoot it up!. The formation of candle sticks on daily/1 hr dont show that price is going to fall..just my take on it..
  • #55,788
  • Feb 26, 2008 3:55am Feb 26, 2008 3:55am
Ive brought off this 4 hr rising tl with stop loss just under it,I have found in the past when you get a nice start to a trend with the lower bars giving a believable trend line that these can be reliable.Its a little risky with the resistance just above though and looming news.
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hr.gif Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #55,789
  • Feb 26, 2008 4:02am Feb 26, 2008 4:02am
See this?
Attached Image (click to enlarge)
Click to Enlarge Name: sterlingdollar26February2008.jpg Size: 89 KB
  • #55,790
  • Feb 26, 2008 4:06am Feb 26, 2008 4:06am
the pound is going up up up and away
  • #55,791
  • Feb 26, 2008 4:06am Feb 26, 2008 4:06am
Quoting shiva
See this?
dont understand ur chert
  • #55,792
  • Feb 26, 2008 4:08am Feb 26, 2008 4:08am
Quoting Jerry
dont understand ur chert
Its a forecast of cable's journey today... I didnt make it, got it elsewhere
  • #55,793
  • Feb 26, 2008 4:08am Feb 26, 2008 4:08am
this is better...
  • #55,794
  • Feb 26, 2008 4:10am Feb 26, 2008 4:10am
Quoting learningfx
the pound is going up up up and away
may i ask why u think it going up? i noticed u teach it be great to here yur reasoning for going up
  • #55,795
  • Feb 26, 2008 4:10am Feb 26, 2008 4:10am
North...South..., North....South...
You guyz can keep screaming with your reputation on the line. Those who are making the money are still doing it without noise. I see no reason for screaming south or north without charts, analysis to show what you are talking about. I am doing it my way and still doing it my way, I just lurk around this thread when I feel like laughing. Happy pipin to y'all.
Cheers
Be like a postage stamp. Stick to one thing until you get there.
  • #55,796
  • Feb 26, 2008 4:14am Feb 26, 2008 4:14am
how do i post my chart and you will see WHY for sure
  • #55,797
  • Feb 26, 2008 4:14am Feb 26, 2008 4:14am
Saint, if the 'screaming' bothers you, just stuff some cotton in your ears and start smiling. Of course none of us have your wisdom so we talk silly

Quoting saintvalx
North...South..., North....South...
You guyz can keep screaming with your reputation on the line. Those who are making the money are still doing it without noise. I see no reason for screaming south or north without charts, analysis to show what you are talking about. I am doing it my way and still doing it my way, I just lurk around this thread when I feel like laughing. Happy pipin to y'all.
Cheers
  • #55,798
  • Feb 26, 2008 4:16am Feb 26, 2008 4:16am
Quoting learningfx
how do i post my chart and you will see WHY for sure
scroll down a bit on the posting bit and goto mange attachment and browse and upload..thx buddy
  • #55,799
  • Feb 26, 2008 4:17am Feb 26, 2008 4:17am
Quoting shiva
Saint, if the 'screaming' bothers you, just stuff some cotton in your ears and start smiling. Of course none of us have your wisdom so we talk silly
absolutely
  • #55,800
  • Feb 26, 2008 4:20am Feb 26, 2008 4:20am
Quoting karmostaji
hmm, UP?
Trade what you see, not what you think.
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