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Cable Update (GBPUSD)

  • #59,241
  • Mar 23, 2008 1:17pm Mar 23, 2008 1:17pm
Quoting AmeriTrini
I begg to differ on this, they must keep the IR at the level they desire for inflation which is 2%.
i agree with bones i wish u would post more because newbies like me could use advice from u.

anyway i wanted to ask u about dollar

im thinking this week could be a major turning point
we have home sales numbers and i think we might actualy c good numbers

if we do could this be the start of dollar comeback or is this idea a bit premature.

thnx in advance
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #59,242
  • Mar 23, 2008 1:25pm Mar 23, 2008 1:25pm
what on now. what are u trying to SAY NOW?

Quoting Bones
Brother i wish you posted more ,lol
  • #59,243
  • Mar 23, 2008 1:28pm Mar 23, 2008 1:28pm
Quoting mcmartins
what on now. what are u trying to SAY NOW?
Well all im saying is I wish he posted more ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,244
  • Mar 23, 2008 1:44pm Mar 23, 2008 1:44pm
im having a little look around at other pairs and spotted this 2500 pip spike on the USD- NOK :surprised
Attached Image (click to enlarge)
Click to Enlarge Name: usd nok.gif Size: 14 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,245
  • Mar 23, 2008 1:48pm Mar 23, 2008 1:48pm
Quoting Bones
im having a little look around at other pairs and spotted this 2500 pip spike on the USD- NOK :surprised

Thats an account killer right there, MY GOD!!!
  • #59,246
  • Mar 23, 2008 2:00pm Mar 23, 2008 2:00pm
Quoting Bones
im having a little look around at other pairs and spotted this 2500 pip spike on the USD- NOK :surprised

...if i ever get one of them i will turn into rambo
imagine that on a 5 min chart..
  • #59,247
  • Mar 23, 2008 2:09pm Mar 23, 2008 2:09pm
Quoting nAVIN2007



...if i ever get one of them i will turn into rambo
imagine that on a 5 min chart..

Nav, you kill me. I cant stop laughing!!!! RAMBO!!! GREAT ONE!!!! RAMBO!!!
tears are dropping on my keyboard while I type...........RAMBO!!! I love it!!!
you made my day with that one.......LOL!!!!

Thanks for that!!!

  • #59,248
  • Mar 23, 2008 2:13pm Mar 23, 2008 2:13pm
Quoting Bones
Looks great Carrera could you tell me what point that H&S pattern is invalidated as Im not sure I want to trade against it lol
(I do have the 9500 as my lower target)
First, we are in a consolidation area 4TF. If that break to the down side, its still very good to complete the H&S. If the price goes above the showder, well I guess is invalid.
  • #59,249
  • Mar 23, 2008 2:21pm Mar 23, 2008 2:21pm
hey guys this is a gr8 article about US dollar strength last week and future BOE and ECB expected rate decisions insight:

http://www.forexfactory.com/news.php?do=news&id=77023
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #59,250
  • Mar 23, 2008 4:47pm Mar 23, 2008 4:47pm
Quoting AmeriTrini
Nav, you kill me. I cant stop laughing!!!! RAMBO!!! GREAT ONE!!!! RAMBO!!!
tears are dropping on my keyboard while I type...........RAMBO!!! I love it!!!
you made my day with that one.......LOL!!!!

Thanks for that!!!

  • #59,251
  • Mar 23, 2008 4:48pm Mar 23, 2008 4:48pm
Quoting Carrera
First, we are in a consolidation area 4TF. If that break to the down side, its still very good to complete the H&S. If the price goes above the showder, well I guess is invalid.

once again fantastic advise buddy...cant go wrong with that thought!
  • #59,252
  • Mar 23, 2008 6:20pm Mar 23, 2008 6:20pm
i kept my positions over the weekend , not a pip moved during weekend , no gap

i keep short GU and ling EJ
  • #59,253
  • Mar 23, 2008 6:39pm Mar 23, 2008 6:39pm
Hello guys,

Aren't the market open or am i missing something?? IBFX seems to be ignoring the fact..


PS> Regarding that NOK spike, thats a WRONG quote from TenForeX or whatever source your nroker has, in addition to bad/wrong MT4S, it can be an account killer. The MetaTrader4 Server has a filtration filtration service that should avoid such spiked. JFYI.
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  • #59,254
  • Mar 23, 2008 6:45pm Mar 23, 2008 6:45pm
one mine is open
but 2 my brokers are still closed
  • #59,255
  • Mar 23, 2008 7:00pm Mar 23, 2008 7:00pm
Strange, i know brokers open for the forth hour now.. Is someone asleep there at IBFX?? :-|
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  • #59,256
  • Mar 23, 2008 7:08pm Mar 23, 2008 7:08pm
Quoting abuzant
Strange, i know brokers open for the forth hour now.. Is someone asleep there at IBFX?? :-|
Message from IBFX:
The market will open 9:00pm EST (1:00 GMT) Have a great trading week
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #59,257
  • Mar 23, 2008 7:10pm Mar 23, 2008 7:10pm
yeap got same msg
now is opened

today will be very lazy day , but it already moved some pips in my direction
  • #59,258
  • Mar 23, 2008 7:35pm Mar 23, 2008 7:35pm
FXCM is letting me trade and Alpiri is streaming my charts, surprised thought it wouldn't open to 9pm EST tommorow.

Still going to be a slow day, but I like slow days gives me time to think
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #59,259
  • Edited Mar 24, 2008 2:09am Mar 23, 2008 9:35pm | Edited Mar 24, 2008 2:09am
Quoting Carrera
As a pattern trader I'm going for the H&S. Of course there are might be retracements, but I will go for the main target ---> 9500 area.
Looks like right dude. Got 20 pips from short. Thank you for analizing !
But let us see how she goes next.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #59,260
  • Mar 24, 2008 6:14am Mar 24, 2008 6:14am
On the daily chart, the way things are going now, i think we are ging to retest the 50 daily fib. b/4 our journey to the down side.
or else i will remain as a bull.
just my own opinion.



Quoting Turveyd
FXCM is letting me trade and Alpiri is streaming my charts, surprised thought it wouldn't open to 9pm EST tommorow.

Still going to be a slow day, but I like slow days gives me time to think
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