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Cable Update (GBPUSD)

  • #57,001
  • Mar 3, 2008 9:52pm Mar 3, 2008 9:52pm
Quoting lessy
makey... in my analysis cable have more possibility to break resistant of the triangle.
so it will continuing uptrend....(bullish pennant)
crap.. a part of me wishes your wrong, but the other half hopes your right as that will boost your confidence... so i cant say anything there lol sorry bud
And your mouth dropped
  • #57,002
  • Mar 3, 2008 11:06pm Mar 3, 2008 11:06pm
....are we long tonight? hope so and i'm in already!
  • #57,003
  • Mar 3, 2008 11:27pm Mar 3, 2008 11:27pm
Quoting malcolmb14
The chart below shows an Andrews Pitch Fork off the bottom.

The cemtre of this is being testd at around the 1.9800 zone.

If we break the centre of the pitch fork we should go down to test the bottom at about 1.9600 , which is also 61.8 % of the retracement.

If we find support at the centre of the pitch fork and the bearish divergence in the rsi is broken (rsi turns up) then we will break test top of APF at 2.100 zone).

Attachment
Hey man nice work
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #57,004
  • Mar 3, 2008 11:46pm Mar 3, 2008 11:46pm
04-03-2008
Attached Image
  • #57,005
  • Mar 4, 2008 12:42am Mar 4, 2008 12:42am
Quoting makey2u
crap.. a part of me wishes your wrong, but the other half hopes your right as that will boost your confidence... so i cant say anything there lol sorry bud
Hey makey... don't say like that!!!
if you're my buddy... you shoukd tell me when i'm wrong or make a mistake...
so...don't worry....you don't have to boost my confidence.....

i only need to know if i'm wrong or make a mistake...
so i can learn from that...
Never Give Up.....
  • #57,006
  • Mar 4, 2008 1:37am Mar 4, 2008 1:37am
today bernanke is gonna speak
so all u longs looks like ur hero is here and ready to give u pips by kicking dollars ass.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,007
  • Mar 4, 2008 1:42am Mar 4, 2008 1:42am
Quoting lessy
Hey makey... don't say like that!!!
if you're my buddy... you shoukd tell me when i'm wrong or make a mistake...
so...don't worry....you don't have to boost my confidence.....

i only need to know if i'm wrong or make a mistake...
so i can learn from that...
Then i think you may be Right from what Salah K said. But my gut is telling me US is going to fork in a few billion dollars into its currencie to turn it around because... its at a great low and the economy wont survive if all currencies keep bashing us... lol ONE has to explode. my gut feeling is Blair from UK is gonna drink some tea and give them a chance?? hahha i dont know if that made sense... overall i hope it fallls lol!!
And your mouth dropped
  • #57,008
  • Mar 4, 2008 1:49am Mar 4, 2008 1:49am
Quoting lessy
Hey makey... don't say like that!!!
if you're my buddy... you shoukd tell me when i'm wrong or make a mistake...
so...don't worry....you don't have to boost my confidence.....

i only need to know if i'm wrong or make a mistake...
so i can learn from that...

I agreee buddy ......its good to see others view on whats happening, help me understands what going on ...we are looking right thou ....its going up bullish candles n stuff
  • #57,009
  • Mar 4, 2008 1:51am Mar 4, 2008 1:51am
Quoting makey2u
Then i think you may be Right from what Salah K said. But my gut is telling me US is going to fork in a few billion dollars into its currencie to turn it around because... its at a great low and the economy wont survive if all currencies keep bashing us... lol ONE has to explode. my gut feeling is Blair from UK is gonna drink some tea and give them a chance?? hahha i dont know if that made sense... overall i hope it fallls lol!!
dude blair is gone!!!!!!
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,010
  • Mar 4, 2008 1:53am Mar 4, 2008 1:53am
Quoting salah k.
dude blair is gone!!!!!!
yeah but he still sipping cups of tea
  • #57,011
  • Mar 4, 2008 1:53am Mar 4, 2008 1:53am
Quoting salah k.
dude blair is gone!!!!!!
LOL! I KNOW! haha i was wondering IF ANyone would catch that LOL!
And your mouth dropped
  • #57,012
  • Mar 4, 2008 1:54am Mar 4, 2008 1:54am
anyways lol, im shorting at 9919 spot on.
And your mouth dropped
  • #57,013
  • Mar 4, 2008 2:25am Mar 4, 2008 2:25am
it moves Up to fall, and it falls to move up... is my theory.
And your mouth dropped
  • #57,014
  • Mar 4, 2008 2:29am Mar 4, 2008 2:29am
Quoting makey2u
it moves Up to fall, and it falls to move up... is my theory.
yeah bro im seeing this too .....i exited 90 of position 0.1 lot remain in trade to go up! ...SP break even ...cant lose now (good feeling)
  • #57,015
  • Mar 4, 2008 2:37am Mar 4, 2008 2:37am
Good Day

Cable in swing mode from few days we are ranging between 1.9934 to 1.9786
Attached Image (click to enlarge)
Click to Enlarge Name: swing.gif Size: 14 KB
  • #57,016
  • Mar 4, 2008 2:38am Mar 4, 2008 2:38am
U guys seeing this "w" formation forming and to complete the pattern downward movement is needed....i wonder if this will play out?

any ideas?
Attached Image (click to enlarge)
Click to Enlarge Name: g.JPG Size: 110 KB
  • #57,017
  • Mar 4, 2008 2:52am Mar 4, 2008 2:52am
Quoting nAVIN2007
U guys seeing this "w" formation forming and to complete the pattern downward movement is needed....i wonder if this will play out?

any ideas?
down baby down..
And your mouth dropped
  • #57,018
  • Mar 4, 2008 2:53am Mar 4, 2008 2:53am
Quoting nAVIN2007
U guys seeing this "w" formation forming and to complete the pattern downward movement is needed....i wonder if this will play out?

any ideas?
I have seen same it is typical XABCD formation.. I think down trend will start again soon
  • #57,019
  • Mar 4, 2008 2:56am Mar 4, 2008 2:56am
im all for downtrend but lets not forget benny today. he might trash the dollar again so if u have shorts its probably best if u close them be4 he starts talking.
i wonder if we he will have anymore rates to cut by the end of may.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,020
  • Mar 4, 2008 4:00am Mar 4, 2008 4:00am
Quoting nAVIN2007
U guys seeing this "w" formation forming and to complete the pattern downward movement is needed....i wonder if this will play out?

any ideas?
nAVIN, what is the reliability for "W" formation?
is it LOW, MEDIUM, or HIGH reliability?
Never Give Up.....
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