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Cable Update (GBPUSD)

  • #58,061
  • Mar 13, 2008 3:24am Mar 13, 2008 3:24am
Quoting makey2u
im shorting at 2.0352 im getting hammered lol
  • #58,062
  • Mar 13, 2008 3:24am Mar 13, 2008 3:24am
unless we pass this pink trendline not a good idea to short (me thinks)
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  • #58,063
  • Mar 13, 2008 3:25am Mar 13, 2008 3:25am
GBP/USD today towards 2.04 ... till 2.0245 not broken
  • #58,064
  • Mar 13, 2008 3:29am Mar 13, 2008 3:29am
we just bouncing of these lines the one on the bottom needs break to be a bit certain otherwise still long .me thinks
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  • #58,065
  • Mar 13, 2008 3:36am Mar 13, 2008 3:36am
Quoting nAVIN2007
we just bouncing of these lines the one on the bottom needs break to be a bit certain otherwise still long .me thinks
right now every time frame is bullish ...
  • #58,066
  • Mar 13, 2008 3:36am Mar 13, 2008 3:36am
Quoting Runway Trade
If you click on his name and then go to all his previous post you will find the explanations you are looking for. aduawad has explained his calculations many times.
And then search, search, search, search....... grrrrrrrrrrrr. Abuawad, can you wrote your calculations at new thread or at your www please?Thank you.
  • #58,067
  • Mar 13, 2008 3:43am Mar 13, 2008 3:43am
Abuawad can write a book and sell it.....he wouldnt need to trade ...lol
  • #58,068
  • Mar 13, 2008 3:43am Mar 13, 2008 3:43am
it is double topping at 2.0350, might be a reverse on way
Tom(uk)
  • #58,069
  • Mar 13, 2008 3:47am Mar 13, 2008 3:47am
Quoting booktimes
it is double topping at 2.0350, might be a reverse on way
Tom(uk)
as usual ..waiting for london market
  • #58,070
  • Mar 13, 2008 3:49am Mar 13, 2008 3:49am
london market been open a hour now
Tom (uk)
  • #58,071
  • Mar 13, 2008 3:52am Mar 13, 2008 3:52am
This is gonna drop big time
Tom(uk)
  • #58,072
  • Mar 13, 2008 3:53am Mar 13, 2008 3:53am
UJ was under 100, low was 99,76....
  • #58,073
  • Mar 13, 2008 3:55am Mar 13, 2008 3:55am
There is slight divergence on hour chart too, bulls exhausted, we in for a drop
Tom(uk)
  • #58,074
  • Mar 13, 2008 3:56am Mar 13, 2008 3:56am
Quoting booktimes
This is gonna drop big time
Tom(uk)

time will tell my friend...but if it does....what makes this trendline so special as oppossed to the famous fib level..is what i keep asking myself
  • #58,075
  • Mar 13, 2008 4:00am Mar 13, 2008 4:00am
if the 30 minute chart closes with a sign of indecision..then it looks so but still i aint doing nothing till i see masses selling or buying..
  • #58,076
  • Mar 13, 2008 4:06am Mar 13, 2008 4:06am
dont you guys think the news from the us will make cable bullish today and tomm.......
  • #58,077
  • Mar 13, 2008 4:08am Mar 13, 2008 4:08am
very wise navin
The pound is still strong, but I pay heed to things like divergence and double tops, for some reason that 2.0350 area seems strong maybe some historical strength but it does seem to be respecting it
Tom(uk)
  • #58,078
  • Mar 13, 2008 4:10am Mar 13, 2008 4:10am
hi again

if 2.0397 broke ... we targeting 2.0500
  • #58,079
  • Mar 13, 2008 4:14am Mar 13, 2008 4:14am
My apologies ladies and gentleman my charts were wrong, my broker was showing wrong delayed charts, I am so angry,
Tom(uk)
  • #58,080
  • Mar 13, 2008 4:19am Mar 13, 2008 4:19am
Quoting booktimes
very wise navin
The pound is still strong, but I pay heed to things like divergence and double tops, for some reason that 2.0350 area seems strong maybe some historical strength but it does seem to be respecting it
Tom(uk)
U know something tom when i first traded back in nov..divergence was a sure bet..what im finding now is that as times go on ..things that work in the past are now not working..market evolves and divergence now doesnt always work where as in the past it did!! ....was considered easy money if u could spot it
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