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Cable Update (GBPUSD)

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  • Post #56,621
  • Quote
  • Feb 29, 2008 4:40am Feb 29, 2008 4:40am
  •  Subdude
  • | Joined Aug 2007 | Status: If it walks like a duck... | 1,150 Posts
Quoting Bones
Disliked
Actually dude your wrong there,that just happens to be my long term target
2.500 thats is
Ignored
I hope you make enough money to retire by the time it hits that target.
 
 
  • Post #56,622
  • Quote
  • Feb 29, 2008 4:41am Feb 29, 2008 4:41am
  •  sDRs
  • | Joined Jan 2008 | Status: Member | 261 Posts
News for EUR should point the way for cable
 
 
  • Post #56,623
  • Quote
  • Feb 29, 2008 4:43am Feb 29, 2008 4:43am
  •  Jurrasic
  • | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
If this dips below the neckline to 975 and lower, probably would be a good time to short...
On the path to Enrichment.
 
 
  • Post #56,624
  • Quote
  • Feb 29, 2008 4:45am Feb 29, 2008 4:45am
  •  salah k.
  • Joined Apr 2007 | Status: Member | 2,387 Posts
Quoting Jurrasic
Disliked
If this dips below the neckline to 975 and lower, probably would be a good time to short...
Ignored
good point its next target would be 9600 and then 9300
"what doesn't bankrupt me, makes me stronger" modern nietzche
 
 
  • Post #56,625
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  • Feb 29, 2008 4:54am Feb 29, 2008 4:54am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
Quoting salah k.
Disliked
good point its next target would be 9600 and then 9300
Ignored
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 ..
 
 
  • Post #56,626
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  • Feb 29, 2008 4:57am Feb 29, 2008 4:57am
  •  lessy
  • | Joined Dec 2007 | Status: Member | 283 Posts
Quoting salah k.
Disliked
good point its next target would be 9600 and then 9300
Ignored
not yet buddy. it still ini triangle......
let the candle finished first...
Never Give Up.....
 
 
  • Post #56,627
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  • Feb 29, 2008 5:01am Feb 29, 2008 5:01am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
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
 
 
  • Post #56,628
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  • Feb 29, 2008 5:03am Feb 29, 2008 5:03am
  •  Gubster
  • | Joined Dec 2007 | Status: Member | 140 Posts
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.
 
 
  • Post #56,629
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  • Feb 29, 2008 5:08am Feb 29, 2008 5:08am
  •  lessy
  • | Joined Dec 2007 | Status: Member | 283 Posts
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)
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Never Give Up.....
 
 
  • Post #56,630
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  • Feb 29, 2008 5:09am Feb 29, 2008 5:09am
  •  maverick
  • | Joined Apr 2007 | Status: Member | 131 Posts
Anybody having trouble with Oanda as their broker? Connection difficulties?
 
 
  • Post #56,631
  • Quote
  • Feb 29, 2008 5:13am Feb 29, 2008 5:13am
  •  Templar
  • | Joined Sep 2007 | Status: Member | 35 Posts
Quoting maverick
Disliked
Anybody having trouble with Oanda as their broker? Connection difficulties?
Ignored

Got booted from Oanda about 4 hours ago. I was only booted for a few minutes, been working fine ever since.
 
 
  • Post #56,632
  • Quote
  • Feb 29, 2008 5:19am Feb 29, 2008 5:19am
  •  maverick
  • | Joined Apr 2007 | Status: Member | 131 Posts
Quoting Templar
Disliked
Got booted from Oanda about 4 hours ago. I was only booted for a few minutes, been working fine ever since.
Ignored

Their website is not responding to requests.
 
 
  • Post #56,633
  • Quote
  • Feb 29, 2008 5:34am Feb 29, 2008 5:34am
  •  Carrera
  • Joined Jun 2007 | Status: Forex is my jungle | 540 Posts
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)
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Name: GBP-USD  Small Double top FEB. 29 - 2008.png
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Name: GBP-USD  Also Gartley FEB. 29 - 2008.png
Size: 26 KB
 
 
  • Post #56,634
  • Quote
  • Feb 29, 2008 5:38am Feb 29, 2008 5:38am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
Quoting Carrera
Disliked
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
Ignored
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
 
 
  • Post #56,635
  • Quote
  • Feb 29, 2008 5:41am Feb 29, 2008 5:41am
  •  Carrera
  • Joined Jun 2007 | Status: Forex is my jungle | 540 Posts
Quoting nAVIN2007
Disliked
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
Ignored
Thank you.
 
 
  • Post #56,636
  • Quote
  • Feb 29, 2008 5:43am Feb 29, 2008 5:43am
  •  Turveyd
  • | Membership Revoked | Joined Aug 2006 | 11,977 Posts
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!!!!
 
 
  • Post #56,637
  • Quote
  • Feb 29, 2008 5:45am Feb 29, 2008 5:45am
  •  hellofx
  • | Joined Feb 2008 | Status: Member | 34 Posts
trend reversing? i don't think we'll see one so soon yet.. NY session will see a swing above 1.9900
 
 
  • Post #56,638
  • Quote
  • Feb 29, 2008 5:51am Feb 29, 2008 5:51am
  •  salah k.
  • Joined Apr 2007 | Status: Member | 2,387 Posts
Quoting hellofx
Disliked
trend reversing? i don't think we'll see one so soon yet.. NY session will see a swing above 1.9900
Ignored
y do u think that will happen?
"what doesn't bankrupt me, makes me stronger" modern nietzche
 
 
  • Post #56,639
  • Quote
  • Feb 29, 2008 5:59am Feb 29, 2008 5:59am
  •  salah k.
  • Joined Apr 2007 | Status: Member | 2,387 Posts
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
 
 
  • Post #56,640
  • Quote
  • Feb 29, 2008 6:01am Feb 29, 2008 6:01am
  •  hellofx
  • | Joined Feb 2008 | Status: Member | 34 Posts
Quoting salah k.
Disliked
y do u think that will happen?
Ignored
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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