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Cable Update (GBPUSD)

  • #56,601
  • Feb 29, 2008 2:16am Feb 29, 2008 2:16am
Quoting FXdaily
I hold 1.9865 LONG i Target 2.0030 and stop loss 1.9815
agree with 2.0020-30 area.
Never Give Up.....
  • #56,602
  • Feb 29, 2008 2:19am Feb 29, 2008 2:19am
Any one use FXCM? Is it down for now?

I can't connect to the server. The website is not working too.

Do u have the same problems?
  • #56,603
  • Feb 29, 2008 2:25am Feb 29, 2008 2:25am
Quoting nAVIN2007
I think your right about the long......target not sure but direction lets hope buddy
i dont know buddy u could be right but it just seems like its been trying to brake that 9970 3 times now and couldnt plus euro could c a slight correction.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,604
  • Feb 29, 2008 2:30am Feb 29, 2008 2:30am
Quoting lessy
agree with 2.0020-30 area.
How about 2.5 - a nice round number, isn't it? Are you people forgetting that next week BoE will likely cut the interest rate again with all the bad economic data coming out of the country lately?
  • #56,605
  • Feb 29, 2008 2:33am Feb 29, 2008 2:33am
Quoting Subdude
How about 2.5 - a nice round number, isn't it? Are you people forgetting that next week BoE will likely cut the interest rate again with all the bad economic data coming out of the country lately?
thats wats killing. traders should be dumping the curreny now.
on the other hand dollar is too weak
unbelievably weak and it just keeps getting weaker.
so how can a situation like this be evaluated????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,606
  • Feb 29, 2008 2:33am Feb 29, 2008 2:33am
Quoting thucai
Any one use FXCM? Is it down for now?

I can't connect to the server. The website is not working too.

Do u have the same problems?
damn thecompletly Down

Hey lessy!! but im off to bed bro. later guys, i shorted. i might get burned lol
And your mouth dropped
  • #56,607
  • Feb 29, 2008 2:37am Feb 29, 2008 2:37am
Quoting salah k.
thats wats killing. traders should be dumping the curreny now.
on the other hand dollar is too weak
unbelievably weak and it just keeps getting weaker.
so how can a situation like this be evaluated????????
Its loks like your turning or become a fundamental trader...Im very poor with ecomonics and dunno whats going on but if u analyse the chart i think its gonna lead to same thing ..yes?
  • #56,608
  • Feb 29, 2008 2:40am Feb 29, 2008 2:40am
Quoting nAVIN2007
Its loks like your turning or become a fundamental trader...Im very poor with ecomonics and dunno whats going on but if u analyse the chart i think its gonna lead to same thing ..yes?
thx god i canceled my long while i was in profit ....we seem to be in a grey area..trendline all over the place
  • #56,609
  • Feb 29, 2008 2:45am Feb 29, 2008 2:45am
Quoting makey2u
damn thecompletly Down

Hey lessy!! but im off to bed bro. later guys, i shorted. i might get burned lol

we are right by the open of te previous 4hr candle....definately seem bearish but might bounce back up..night bud and good luck on short, i think i might do the same ..just need confirmations
  • #56,610
  • Feb 29, 2008 2:48am Feb 29, 2008 2:48am
Quoting Subdude
How about 2.5 - a nice round number, isn't it? Are you people forgetting that next week BoE will likely cut the interest rate again with all the bad economic data coming out of the country lately?
my reason for 2.0030 is 38.2% fibo...
next is 2.0248 for 50% and 2.0459 for 61.8%....
but honestly, i can't imagine if cable goes to 2.5....
Never Give Up.....
  • #56,611
  • Feb 29, 2008 2:48am Feb 29, 2008 2:48am
Quoting nAVIN2007
thx god i canceled my long while i was in profit ....we seem to be in a grey area..trendline all over the place
i hate those grey areas lets just c if some BOE member will comment on the bad housing sector in UK
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,612
  • Feb 29, 2008 2:50am Feb 29, 2008 2:50am
Quoting makey2u
damn thecompletly Down

Hey lessy!! but im off to bed bro. later guys, i shorted. i might get burned lol
seriously makey u deserve each and every pip bro

good work bro
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,613
  • Feb 29, 2008 2:55am Feb 29, 2008 2:55am
Quoting lessy
my reason for 2.0030 is 38.2% fibo...
next is 2.0248 for 50% and 2.0459 for 61.8%....
but honestly, i can't imagine if cable goes to 2.5....
It's called sarcasm - feel free to borrow some from me . Seriously though, forget your fibs already, there's just too much uncertainty and volatility everywhere. It's highly unlikely the pound will continue to rise next week the way it has been lately, and the U.K. has an ailing economy... not in as much trouble as the U.S. but still in a bad shape. Just my $0.02.
  • #56,614
  • Feb 29, 2008 2:55am Feb 29, 2008 2:55am
Quoting nAVIN2007
Its loks like your turning or become a fundamental trader...Im very poor with ecomonics and dunno whats going on but if u analyse the chart i think its gonna lead to same thing ..yes?
i hate fundamental trading my friend because whenever an a**hole talks he might screw up everything. because of them u have to stay 24/7 infront of the screen.
whereas technical trading is more relaxing because its more about studying the charts.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,615
  • Feb 29, 2008 3:03am Feb 29, 2008 3:03am
Quoting Subdude
It's called sarcasm - feel free to borrow some from me . Seriously though, forget your fibs already, there's just too much uncertainty and volatility everywhere. It's highly unlikely the pound will continue to rise next week the way it has been lately, and the U.K. has an ailing economy... not in as much trouble as the U.S. but still in a bad shape. Just my $0.02.
i really sorry buddy... i don't mean for sarcasm...
and i knew that the only certain thing is the uncertainty..
but isn't that to high to go 2.5000?
Never Give Up.....
  • #56,616
  • Feb 29, 2008 3:11am Feb 29, 2008 3:11am
Quoting lessy
but isn't that to high to go 2.5000?
It was a joke.
  • #56,617
  • Feb 29, 2008 3:17am Feb 29, 2008 3:17am
Quoting Subdude
It was a joke.
you almost giving me a heart attack with that....:surprised
Never Give Up.....
  • #56,618
  • Feb 29, 2008 3:26am Feb 29, 2008 3:26am
Quoting salah k.
hey guys are doing live technical analysis on cable at 08:00 AM GMT.
if anyone would like to join that would be gr8 for diversification of views.
the site is:
http://vyew.com/room#/freeforexcoach/classdiscussion

pass: 876
Man why did you have to do that. I’m gonna tell you something
Farther Christmas
HE IS NOT REAL
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #56,619
  • Feb 29, 2008 3:28am Feb 29, 2008 3:28am
Quoting Subdude
It's called sarcasm - feel free to borrow some from me . Seriously though, forget your fibs already, there's just too much uncertainty and volatility everywhere. It's highly unlikely the pound will continue to rise next week the way it has been lately, and the U.K. has an ailing economy... not in as much trouble as the U.S. but still in a bad shape. Just my $0.02.
Actually dude your wrong there,that just happens to be my long term target
2.500 thats is
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #56,620
  • Feb 29, 2008 3:30am Feb 29, 2008 3:30am
short, long,
short, long,
short, long,
short, long,
short, long,
short, long,
short, long,
short, long

:surprised in 2 nanoseconds

I GO HOME and go long on a beer.
.
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