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Cable Update (GBPUSD)

  • #58,001
  • Mar 12, 2008 12:03pm Mar 12, 2008 12:03pm
Quoting Moe
lol, yup, i will say that there are times where you can pretty much see where the market is heading but i wound't put all my eggs in that basket.
Like now im sure a lot of people have been burned the room got small and all the stop losses are taken out..this is nuts
all the buyer stop losses are are stoping us from going up..or are we going up!
  • #58,002
  • Mar 12, 2008 12:08pm Mar 12, 2008 12:08pm
Quoting nAVIN2007
this is nuts
THIS is Sparta




sorry couldnt help myself.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,003
  • Mar 12, 2008 12:23pm Mar 12, 2008 12:23pm
looking at the daily charts doesnt cable look a bit overstretched ?????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,004
  • Mar 12, 2008 12:24pm Mar 12, 2008 12:24pm
....that better have been a test of the line...otherwise i think peps in here going to have a mental breakdown ....lol
  • #58,005
  • Mar 12, 2008 12:32pm Mar 12, 2008 12:32pm
Quoting allserene
where are all the confident chartists from 2 weeks ago who were betting each other whether it would be 1.92 or 1.91 and saying the GBP was history ?

a bit quiet - perhaps they are still on tranquilizers after the losses

nobody seems to be guessing more than a couple of hours in front at the mo
Hey, AllSerene,
wasn't it you, who wrote about terrible state of UK, impossibility to sell a house etc. etc.?

Is it my or your memory that is falling?
  • #58,006
  • Mar 12, 2008 12:33pm Mar 12, 2008 12:33pm
Gentlemen, say hi to the area 2.0495 and 2.0614
  • #58,007
  • Mar 12, 2008 12:37pm Mar 12, 2008 12:37pm
Quoting Abuawad
Gentlemen, say hi to the area 2.0495 and 2.0614
I said hi already.....i have to admit..thx god u also think we are going there, it makes me feel better knowing we are bating on the same side..

keep the pips comin
  • #58,008
  • Mar 12, 2008 12:41pm Mar 12, 2008 12:41pm
hiya lessy buddy ....hows it going? ....
  • #58,009
  • Mar 12, 2008 12:53pm Mar 12, 2008 12:53pm
Quoting Abuawad
Gentlemen, say hi to the area 2.0495 and 2.0614
should be here tommorow.
If I Go Broke Trying Then I Will die happy.
  • #58,010
  • Mar 12, 2008 1:17pm Mar 12, 2008 1:17pm
Quoting JanPoko
Hey, AllSerene,
wasn't it you, who wrote about terrible state of UK, impossibility to sell a house etc. etc.?

Is it my or your memory that is falling?
Story so far is that all last year I was saying it was hard to sell a house in the UK and the market was really bad. All the statistics said everything was fine and cable pushed towards 2.11. I warned about the housing market.

Suddenly the market realised what was happening 'in the street ' and the market fell right down
I said the gbp would not rise until i sold my house
2 weeks ago i sold my house with completion in 3 weeks from now

Now I am on the ground in the USA and I tell you that jobs cannot be found as well as houses... jobs are going fast in the USA and I reckon cable is going to go UP

the USA is leading the charge down and the news flow will leave gbp looking good (in comparison)

The weather is nice though
  • #58,011
  • Mar 12, 2008 1:40pm Mar 12, 2008 1:40pm
Quoting AmeriTrini
Yes, I agree COMPLETELY!! Bones is doing very well!!

Keep it up.

Cheers Ameri that is great comming from you my friend.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,012
  • Mar 12, 2008 1:45pm Mar 12, 2008 1:45pm
Hi
We need to close above fibo line 61.8 @ 2.0251 to confirm go up to 2.0495
  • #58,013
  • Mar 12, 2008 2:24pm Mar 12, 2008 2:24pm
We at the 50 % fib bar now and it looks like we breezing through it..
  • #58,014
  • Mar 12, 2008 2:31pm Mar 12, 2008 2:31pm
damn, can anything slow this freight train down, im loving it.
If I Go Broke Trying Then I Will die happy.
  • #58,015
  • Mar 12, 2008 2:34pm Mar 12, 2008 2:34pm
I think we are heading up now to 2.0495, nothing seems to be able to stop it
Tom(uk)
  • #58,016
  • Mar 12, 2008 2:35pm Mar 12, 2008 2:35pm
looks like we are retesting the fib now ..once this thing passes that..it should be a home run...trading today seems to easy ..did every1 make profit today...if today goes well id have doubled my account in 1 day
  • #58,017
  • Mar 12, 2008 2:38pm Mar 12, 2008 2:38pm
I said don't short it till it reaches the 61.8% and completes the bearish gartley pattern and then it should start collapsing downwards for a new low.
Trade what you see, not what you think.
  • #58,018
  • Mar 12, 2008 2:40pm Mar 12, 2008 2:40pm
Quoting nAVIN2007
looks like we are retesting the fib now ..once this thing passes that..it should be a home run...trading today seems to easy ..did every1 make profit today...if today goes well id have doubled my account in 1 day
bad MM, you will blow up the account sooner than you think.

Just warning you bro
Trade what you see, not what you think.
  • #58,019
  • Mar 12, 2008 2:41pm Mar 12, 2008 2:41pm
Quoting karmostaji
I said don't short it till it reaches the 61.8% and completes the bearish gartley pattern and then it should start collapsing downwards for a new low.
it might not happen bro...look at the EUR its like a blind trade new highs and its moving in syn with cable..
  • #58,020
  • Mar 12, 2008 2:43pm Mar 12, 2008 2:43pm
Quoting nAVIN2007
it might not happen bro...look at the EUR its like a blind trade new highs and its moving in syn with cable..
This is forex
Trade what you see, not what you think.
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