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Cable Update (GBPUSD)

  • #56,621
  • Feb 29, 2008 3:40am Feb 29, 2008 3:40am
Quoting Bones
Actually dude your wrong there,that just happens to be my long term target
2.500 thats is
I hope you make enough money to retire by the time it hits that target.
  • #56,622
  • Feb 29, 2008 3:41am Feb 29, 2008 3:41am
News for EUR should point the way for cable
  • #56,623
  • Feb 29, 2008 3:43am Feb 29, 2008 3:43am
If this dips below the neckline to 975 and lower, probably would be a good time to short...
On the path to Enrichment.
  • #56,624
  • Feb 29, 2008 3:45am Feb 29, 2008 3:45am
Quoting Jurrasic
If this dips below the neckline to 975 and lower, probably would be a good time to short...
good point its next target would be 9600 and then 9300
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,625
  • Feb 29, 2008 3:54am Feb 29, 2008 3:54am
Quoting salah k.
good point its next target would be 9600 and then 9300
tony buddy i think ive hit a turning point....since i started using 4hr chart with daily its helping my trading and taking to higher profits ...my ass is back!!
U have helped so much ..thanks man, i carry on like this i might even star live soonier, Im losing CASH!!!!.....lol

+37 short ..
  • #56,626
  • Feb 29, 2008 3:57am Feb 29, 2008 3:57am
Quoting salah k.
good point its next target would be 9600 and then 9300
not yet buddy. it still ini triangle......
let the candle finished first...
Never Give Up.....
  • #56,627
  • Feb 29, 2008 4:01am Feb 29, 2008 4:01am
9600 is miles away....theres plenty of fibs b4 and supports...each one could be a turning point....do place all the eggs in one basket....will get burned. ..need confirmations peps

50 % and 61.8 might be where it bounces confirmations needed
  • #56,628
  • Feb 29, 2008 4:03am Feb 29, 2008 4:03am
did cable drop because of hedge fund loss in UK?
still think the dollar is doomed as further news to come to today.
House price survey said that recession not likely even though prices down by 0.5%.
So i think the UK economy is still in better shape than US.
  • #56,629
  • Feb 29, 2008 4:08am Feb 29, 2008 4:08am
cable probably fall.... only if it break the channel...
it hold by channel & bollinger median.....

don't follow me... i might get wrong....
Attached Image (click to enlarge)
Click to Enlarge Name: 29-2-08 2.gif Size: 21 KB
Never Give Up.....
  • #56,630
  • Feb 29, 2008 4:09am Feb 29, 2008 4:09am
Anybody having trouble with Oanda as their broker? Connection difficulties?
  • #56,631
  • Feb 29, 2008 4:13am Feb 29, 2008 4:13am
Quoting maverick
Anybody having trouble with Oanda as their broker? Connection difficulties?

Got booted from Oanda about 4 hours ago. I was only booted for a few minutes, been working fine ever since.
  • #56,632
  • Feb 29, 2008 4:19am Feb 29, 2008 4:19am
Quoting Templar
Got booted from Oanda about 4 hours ago. I was only booted for a few minutes, been working fine ever since.

Their website is not responding to requests.
  • #56,633
  • Feb 29, 2008 4:34am Feb 29, 2008 4:34am
Good morning traders,

I see 3 down signals here:
Big Double Top
Big Gartley
Small Double Top

Besides, the harmonic number going up is completed. Now the harmonic number going down for arround 400 pips looks good.

Just my point of view.

Good weekend to all and good trading.

I'm glad that the analysis in this thread have been technicaly and fundamentaly (for those fundamental traders) very profesional.

Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-USD Double top FEB. 29 - 2008.png Size: 20 KB
Click to Enlarge Name: GBP-USD Small Double top FEB. 29 - 2008.png Size: 22 KB
Click to Enlarge Name: GBP-USD Also Gartley FEB. 29 - 2008.png Size: 26 KB
  • #56,634
  • Feb 29, 2008 4:38am Feb 29, 2008 4:38am
Quoting Carrera
Good morning traders,

I see 3 down signals here:
Big Double Top
Big Gartley
Small Double Top

Besides, the harmonic number going up is completed. Now the harmonic number going down for arround 400 pips looks good.

Just my point of view.

Good weekend to all and good trading.

I'm glad that the analysis in this thread have been technicaly and fundamentaly (for those fundamental traders) very profesional.

Thanks
thanks buddy ....i have to say i love the way u layout yur chart ..it looks excellent and yur insight/analysis is always top notch .thx man
  • #56,635
  • Feb 29, 2008 4:41am Feb 29, 2008 4:41am
Quoting nAVIN2007
thanks buddy ....i have to say i love the way u layout yur chart ..it looks excellent and yur insight/analysis is always top notch .thx man
Thank you.
  • #56,636
  • Feb 29, 2008 4:43am Feb 29, 2008 4:43am
I've got a 100% guaranteed sure thing on.









My Chart will keep scrolling although slowly to the left!!

Other than that, not a clue, brain is fried time to take some time off from charts!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #56,637
  • Feb 29, 2008 4:45am Feb 29, 2008 4:45am
trend reversing? i don't think we'll see one so soon yet.. NY session will see a swing above 1.9900
  • #56,638
  • Feb 29, 2008 4:51am Feb 29, 2008 4:51am
Quoting hellofx
trend reversing? i don't think we'll see one so soon yet.. NY session will see a swing above 1.9900
y do u think that will happen?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,639
  • Feb 29, 2008 4:59am Feb 29, 2008 4:59am
dollar seems to be rebounding a bit from the lows.
lets see how far this correction lasts be4 it gets dumped by some politician or economist in US.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,640
  • Feb 29, 2008 5:01am Feb 29, 2008 5:01am
Quoting salah k.
y do u think that will happen?
this whole week we have been witnessing a big ranging trend movement on each day.. and mostly to happen today too..
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