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Cable Update (GBPUSD)

  • #58,461
  • Mar 16, 2008 12:22pm Mar 16, 2008 12:22pm
Quoting Abuawad
Here a draft document that show haw I do my analysis for each day and week.
Please note it’s not 100% complete yet. And there will be an update for it soon.
thanx abuawad
i've been waiting for long since u post the picture for the 1st time
i've been trying to learn your method and always fail :

hope i'm the 1st download it
  • #58,462
  • Edited 4:42pm Mar 16, 2008 4:32pm | Edited 4:42pm
will it bloody fall already? 0100 damit.. i demand it.
And your mouth dropped
  • #58,463
  • Mar 16, 2008 4:43pm Mar 16, 2008 4:43pm
Quoting makey2u
will bloody fall already?
fundamentals wont let it go far.
i think we wil retest 300 area if not 400 and then fall heavily.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,464
  • Mar 16, 2008 4:45pm Mar 16, 2008 4:45pm
Well this week I'm 100% sure and I'll take bets on that too that the market will :-








Keep moving to the left on my charts ( except for chart down time )

Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,465
  • Mar 16, 2008 4:53pm Mar 16, 2008 4:53pm
Quoting Turveyd
Well this week I'm 100% sure and I'll take bets on that too that the market will :-








Keep moving to the left on my charts ( except for chart down time )


damn... How much are you betting because i havent seen a chart Move to the left... im almost posative it'll move to the right.. but lefT? you got a time machine???
And your mouth dropped
  • #58,466
  • Mar 16, 2008 5:00pm Mar 16, 2008 5:00pm
Mine definately Move/Scroll to the Left ( checks my left and right, yep thats right )
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,467
  • Mar 16, 2008 5:05pm Mar 16, 2008 5:05pm
the trend is up unless the G7 intervene!!!
  • #58,468
  • Edited 5:39pm Mar 16, 2008 5:11pm | Edited 5:39pm
wow that one hell of a gap .....i doubt we going up after that ....
only thing takig this up is the news ....tricked....its a tricky one, we have a hammer on 1hr chart right at a resistance point but it needs to break.monthly R1 resistance if it breaks it might go up ..
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  • #58,469
  • Mar 16, 2008 5:32pm Mar 16, 2008 5:32pm
Quoting Turveyd
Mine definately Move/Scroll to the Left ( checks my left and right, yep thats right )
Yep it moves to the left.
  • #58,470
  • Mar 16, 2008 6:00pm Mar 16, 2008 6:00pm
opposite directions for euro and cable
wierd euro broke all time high
but i think this shows that cable has strong bearish momentum
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,471
  • Mar 16, 2008 6:11pm Mar 16, 2008 6:11pm
Quoting salah k.
opposite directions for euro and cable
wierd euro broke all time high
but i think this shows that cable has strong bearish momentum
remember what i was telling u about gaps ...if eur is going down then gpd definetely going to sink but EUR dont looks like its sinking..

Im actually long on the pound despite all i been saying...becuae the charts suggest up as apposssed to down....and maybe the gap just a dip as interest rate expected to be cut....we should go up huh?

actually the EUR gapped up ....this is wierd?????
  • #58,472
  • Mar 16, 2008 6:14pm Mar 16, 2008 6:14pm
i trade SHORT G/U and LONG E/J
wll see what happen
  • #58,473
  • Mar 16, 2008 6:15pm Mar 16, 2008 6:15pm
Quoting nAVIN2007
remember what i was telling u about gaps ...if eur is going down then gpd definetely going to sink but EUR dont looks like its sinking..

Im actually long on the pound despite all i been saying...becuae the charts suggest up as apposssed to down....and maybe the gap just a dip as interest rate expected to be cut....we should go up huh?
yes rate cuts should boost cable but as u c cable is being dumped all across the board.

plus the long term trend is definitely bearish now the way i look at it is we tried to hit 61.8 fibo retracement level but failed by 50 points and sank 250 pips. so i think on the long run shorting cable is better.

however i stick to my word. no trading anything till rate decision and market reaction are done.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,474
  • Mar 16, 2008 6:20pm Mar 16, 2008 6:20pm
closed +80p in 2 positions , good for 30 minutes of trading sunday/monday night
  • #58,475
  • Mar 16, 2008 6:22pm Mar 16, 2008 6:22pm
Intermeeting Fed Discount Rate Decision 3.25
wat the hell just happened
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,476
  • Mar 16, 2008 6:25pm Mar 16, 2008 6:25pm
Quoting salah k.
yes rate cuts should boost cable but as u c cable is being dumped all across the board.

plus the long term trend is definitely bearish now the way i look at it is we tried to hit 61.8 fibo retracement level but failed y 50 points and sank 250 pips. so i think on the lon run shorting cable is better.

however i stick to my word. no trading anything till rate decision and market reaction are done.
when i go live im definately sticky to 0.1 - 0.2 lot sizes market is volatile like crazy for a sunday....
  • #58,477
  • Mar 16, 2008 6:28pm Mar 16, 2008 6:28pm
Quoting oleevier
closed +80p in 2 positions , good for 30 minutes of trading sunday/monday night
save those pips bro .....thats fantastic for 30 minutes!!!!!!!!
  • #58,478
  • Mar 16, 2008 6:38pm Mar 16, 2008 6:38pm
Quoting nAVIN2007
save those pips bro .....thats fantastic for 30 minutes!!!!!!!!
i wrote .... CLOSED
so they r saved
i hope it will give a good sign for whole week


I know u r more experienced and try to focus on ur point of view and i read very carefully ur posts to learn as much as i can


i closed and reopen postions , will see what will happen
  • #58,479
  • Mar 16, 2008 6:42pm Mar 16, 2008 6:42pm
looks like a double bar low high close on the hourly ,that is bullish by the way,this is some crazy sh*t
if hour close is higher than last hour not good for shorts
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,480
  • Mar 16, 2008 6:48pm Mar 16, 2008 6:48pm
Nav that Live ?? nice going either way, I saw it considered it, had to do erands for the GF and what a move for sunday

There is going to be alot of Japenese having free holidays in the USA at this rate to.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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