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Cable Update (GBPUSD)

  • #57,741
  • Mar 10, 2008 5:13pm Mar 10, 2008 5:13pm
Interesting, a 50pip ish spike on my chart, FXCM no reaction on there quotes.

Still not even a clue though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,742
  • Mar 10, 2008 7:19pm Mar 10, 2008 7:19pm
Quoting karmostaji
LOL you need to experience it, because if this thing decides to move it will move 1000 pips in 1 day, and if you're on the wrong side then you can hear accounts blow up (if they use bad MM) lol
That should be a good day either way, lol 1,000 pips in 1 day, of course is posible. It happened before, it was a long time ago, but happened.

With a good sell off with heavy panic, just jump into the bus and have a good ride.
  • #57,743
  • Mar 10, 2008 7:29pm Mar 10, 2008 7:29pm
It's the bottom fishers that'll get slapped silly 20times in a row in disbelief that it could move that much in 1 day.

SUCKERS, LOSERS, IDIOTS ohhh hang on I'm a bottom fisher, hope I'm out that day
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,744
  • Mar 10, 2008 7:36pm Mar 10, 2008 7:36pm
Quoting Turveyd
It's the bottom fishers that'll get slapped silly 20times in a row in disbelief that it could move that much in 1 day.

SUCKERS, LOSERS, IDIOTS ohhh hang on I'm a bottom fisher, hope I'm out that day
lol, I hope I get in after 20 pips and ride that baby for couple of 100s. hmmm
  • #57,745
  • Mar 10, 2008 8:40pm Mar 10, 2008 8:40pm
Looks like we may be forming a 1-2-3 bottom on the 15 min chart. Price has tried to penetrate and hold below the yearly central pivot 3 times now. We will see where it goes from here.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd123.jpg Size: 152 KB
  • #57,746
  • Mar 10, 2008 11:07pm Mar 10, 2008 11:07pm
4hr double bottom.....daily a w formation......technically a bullish retrace...


any comments..
  • #57,747
  • Mar 11, 2008 12:05am Mar 11, 2008 12:05am
ok my lower buy is looking better ,lol
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Click to Enlarge Name: day.gif Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #57,748
  • Mar 11, 2008 12:15am Mar 11, 2008 12:15am
Divergence on gb/us now on 15m and 1 hr charts signalling a possible trend change to long
Tom(uk)
  • #57,749
  • Mar 11, 2008 12:49am Mar 11, 2008 12:49am
Quoting Bones
ok my lower buy is looking better ,lol
Tony u the man!!! ...Im learning a lot from u...manly that my trendlines arent as good and therefore arent reflecting key area...
  • #57,750
  • Mar 11, 2008 1:09am Mar 11, 2008 1:09am
long at 20098.....
  • #57,751
  • Mar 11, 2008 1:18am Mar 11, 2008 1:18am
im thinking that if we dont brake 2.0130 we will go back down to 2.0030.
if we brake that support we will c 1.9950.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,752
  • Mar 11, 2008 1:25am Mar 11, 2008 1:25am
im looking to buy on a dip tony trendline has convienced me to go long..im just waiting to see if its a false bounce..
  • #57,753
  • Mar 11, 2008 1:51am Mar 11, 2008 1:51am
I know this is a gbpusd thread, but I have gone for a long on the gbpchf instead at the moment @ 20525. chf looking weak and gbp looks like it will move upwards from here to me...
PIPPED TO THE LINE
  • #57,754
  • Mar 11, 2008 1:55am Mar 11, 2008 1:55am
divergence, great to look out for, very rarely wrong
Tom(uk)
  • #57,755
  • Mar 11, 2008 1:59am Mar 11, 2008 1:59am
Quoting booktimes
divergence, great to look out for, very rarely wrong
Tom(uk)

I agree with u completely ....its the best indicator for price but the diverengence on 15 minutes has played it itself out already
well spoted thou ...tom
  • #57,756
  • Mar 11, 2008 2:06am Mar 11, 2008 2:06am
I spotted it on 15m chart and confirmed it on 1 hour chart, its probably played out now but good for a quick 40-50 pips
Tom(uk)
  • #57,757
  • Mar 11, 2008 2:09am Mar 11, 2008 2:09am
I know this is a cable room but gb/jpy is a good long at present looking to fill the gap over the weekend, 207 area target
Tom(uk)
  • #57,758
  • Mar 11, 2008 3:05am Mar 11, 2008 3:05am
Quoting salah k.
im thinking that if we dont brake 2.0130 we will go back down to 2.0030.
if we brake that support we will c 1.9950.
This is good Salah Im looking for a break of the highs and have additional buys there if it dont breaK today im sure it will soon.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #57,759
  • Mar 11, 2008 3:08am Mar 11, 2008 3:08am
Quoting Bones
This is good Salah Im looking for a break of the highs and have additional buys there if it dont breaK today im sure it will soon.
it doesnt look like we gonna get a dip..tony normally when u enter on a dip what time frame to u really go by?
  • #57,760
  • Mar 11, 2008 3:20am Mar 11, 2008 3:20am
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