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Cable Update (GBPUSD)

  • #56,221
  • Feb 27, 2008 5:42am Feb 27, 2008 5:42am
When Bernankes speech will begin we will test all three level on either way in one hour lets stay calm for now

But some bears finally has come to the market
  • #56,222
  • Feb 27, 2008 5:44am Feb 27, 2008 5:44am
Quoting sDRs
When Bernankes speech will begin we will test all three level on either way in one hour lets stay calm for now

But some bears finally has come to the market
remmember that i don't trade at the news time
  • #56,223
  • Feb 27, 2008 5:51am Feb 27, 2008 5:51am
Quoting Abuawad
remmember that i don't trade at the news time
I remember Abu According to this, you should be out for today, becouse news will continue Bernankes speech
  • #56,224
  • Feb 27, 2008 6:07am Feb 27, 2008 6:07am
Quoting Abuawad
remmember that i don't trade at the news time

this whole bullish move was because of news.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,225
  • Feb 27, 2008 6:09am Feb 27, 2008 6:09am
Quoting salah k.
this whole bullish move was because of news.
I feel like you are trying to convince yourself that it was, but it wasn't.
Trade what you see, not what you think.
  • #56,226
  • Feb 27, 2008 6:09am Feb 27, 2008 6:09am
Quoting sDRs
I remember Abu According to this, you should be out for today, becouse news will continue Bernankes speech
I'm already with +55 pips
  • #56,227
  • Feb 27, 2008 6:11am Feb 27, 2008 6:11am
Quoting karmostaji
I feel like you are trying to convince yourself that it was, but it wasn't.
so u think the 250 pip hike wasnt fueled by housing numbers!!!!!!!!
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,228
  • Feb 27, 2008 6:14am Feb 27, 2008 6:14am
Quoting salah k.
so u think the 250 pip hike wasnt fueled by housing numbers!!!!!!!!
housing numbers was one of lots motives
  • #56,229
  • Feb 27, 2008 6:16am Feb 27, 2008 6:16am
IM LONG IN weiting NEWs 1.9865 LONG IN 10 LOT
  • #56,230
  • Feb 27, 2008 6:16am Feb 27, 2008 6:16am
Quoting salah k.
so u think the 250 pip hike wasnt fueled by housing numbers!!!!!!!!
If you analyze your charts properly, you don't need news because news will always be somehow priced in. Trade your chart and don't confuse your brain with listening to news.
Trade what you see, not what you think.
  • #56,231
  • Feb 27, 2008 6:17am Feb 27, 2008 6:17am
Quoting FXdaily
IM LONG IN weiting NEWs 1.9865 LONG IN 10 LOT
are you the guy who always went with a direction and the market went the opposite?
Trade what you see, not what you think.
  • #56,232
  • Feb 27, 2008 6:17am Feb 27, 2008 6:17am
Quoting sDRs
housing numbers was one of lots motives
all the market went upwards in the same direction(against USD)
so im sorry to say this move wasnt technical
it was news driven.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,233
  • Feb 27, 2008 6:23am Feb 27, 2008 6:23am
Quoting karmostaji
are you the guy who always went with a direction and the market went the opposite?
anyway, glad to see you back FX.
  • #56,234
  • Feb 27, 2008 6:33am Feb 27, 2008 6:33am
1.9985 today target
  • #56,235
  • Feb 27, 2008 6:35am Feb 27, 2008 6:35am
Quoting FXdaily
IM LONG IN weiting NEWs 1.9865 LONG IN 10 LOT
hola... you're back...
Never Give Up.....
  • #56,236
  • Feb 27, 2008 6:40am Feb 27, 2008 6:40am
Quoting karmostaji
If you analyze your charts properly, you don't need news because news will always be somehow priced in. Trade your chart and don't confuse your brain with listening to news.
Quoting Abuawad
Good Morning all,
Lets see what happen ....
For the gentlemen who ask about the news and why should I losing my time in analysis my trading before the news. In my opinion the news effect is just moving the currency in fast movement up or down and what control the limitation for this up or down are the strong support or resistant and so on...
....…
All pips for you all FF members
welcome back Karmostaji
  • #56,237
  • Feb 27, 2008 6:43am Feb 27, 2008 6:43am
Quoting Bones
Thanks Mike,I never knew that
My Weekly Plan

I have been looking at the weekly chart for a plan and it looks good for a drop to test the top of that down trend line and a rise maybe.
I suppose it depends on the comming news

The possible low of 1.9533 is the 50% retrace of last week
Break of 1.9533 very would be very bearish
A break of 1.9957 would be very bullish
A more realistic upside target would be 1.9826 because there is a confluence of a trend lines,50% fib fan + 78.6% retrace of the fall from 1.9557 to 1.9335
Ok I can tell you im a little freaked out at the moment. Man my weekly plan from Sunday (attached)has been spot on. I only bring it up cause that is the way forward for me. I have never read that you are supposed to do it maybe its documented maybe its common sense who knows but its now very much part of my strategy.
I set my sell at 1.9557 (and buy at 1.9533 never triggered) at the weekend and it worked so well ,I have closed it now though as it was countertrend and we sit on that trendline I drew yesturday.
Im out for the min this luck can not last ,lol
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #56,238
  • Feb 27, 2008 6:43am Feb 27, 2008 6:43am
Quoting FXdaily
IM LONG IN weiting NEWs 1.9865 LONG IN 10 LOT
missed u buddy
  • #56,239
  • Feb 27, 2008 6:45am Feb 27, 2008 6:45am
Im surrended with love
TARGET 1,9985 TODAY
  • #56,240
  • Feb 27, 2008 6:53am Feb 27, 2008 6:53am
Quoting Bones
Thanks Mike,I never knew that
My Weekly Plan

I have been looking at the weekly chart for a plan and it looks good for a drop to test the top of that down trend line and a rise maybe.
I suppose it depends on the comming news

The possible low of 1.9533 is the 50% retrace of last week
Break of 1.9533 very would be very bearish
A break of 1.9957 would be very bullish
A more realistic upside target would be 1.9826 because there is a confluence of a trend lines,50% fib fan + 78.6% retrace of the fall from 1.9557 to 1.9335
Ok I tell a little freaked out at the moment. Man my weekly plan from Sunday (attached)has been spot on. I only bring it up cause that is the way forward for me. I have never read that you are supposed to do it maybe its documented maybe its common sense who knows but its now very much part of my strategy.
I set my sell at 1.9957 (and buy at 1.9533 never triggered) at the weekend and it worked so well ,I have closed it now though as it was countertrend and we sit on that trendline I drew yesturday.
Im out for the min this luck can not last ,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
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