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Cable Update (GBPUSD)

  • #62,641
  • Apr 24, 2008 1:14am Apr 24, 2008 1:14am
Quoting hard1head1
Here are some PP's
Thanx but prob with pivots IMO is they are timezone dependent. Rather rely on fibs.
Darkness lies one inch ahead..
  • #62,642
  • Apr 24, 2008 1:20am Apr 24, 2008 1:20am
I don't sweat the small details .......... I just hitch a ride when this mule wants to ride. its stuck between the S&R but I think she wants to drop. IMO
  • #62,643
  • Apr 24, 2008 1:28am Apr 24, 2008 1:28am
Significant probing below yesterday's low 19772 for first time in ~ 2 days.

If H1 closes slightly below that, am thinking a sign to go short...
Darkness lies one inch ahead..
  • #62,644
  • Apr 24, 2008 1:32am Apr 24, 2008 1:32am
Quoting warta
good morning guys
hope u r doing well
Gbp/USD wil find a support above 1,9770. iif the support is broken then the target will be 1,9600 (190 pips)
my view
no you not......thats not your original analisys,thats belong www.forexpros.com
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  • #62,645
  • Apr 24, 2008 1:34am Apr 24, 2008 1:34am
9720 then long, guys
  • #62,646
  • Apr 24, 2008 1:37am Apr 24, 2008 1:37am
Quoting amangking_81
no you not......thats not your original analisys,thats belong www.forexpros.com
just post my chart dear check out and let me know
if u are a site follower then good luck
  • #62,647
  • Apr 24, 2008 1:40am Apr 24, 2008 1:40am
Quoting hard1head1
9720 then long, guys
why?

I see reversal at 19700 possible, intersection of 76 % D1 fib + 5 point downtrend line
Darkness lies one inch ahead..
  • #62,648
  • Apr 24, 2008 1:53am Apr 24, 2008 1:53am
Those several daily bottoms ant be ignored especially at the intersection of the top wedge line

Quoting TraderJR
why?

I see reversal at 19700 possible, intersection of 76 % D1 fib + 5 point downtrend line
  • #62,649
  • Apr 24, 2008 1:56am Apr 24, 2008 1:56am
Good morning Vietnam!!!

I'm here today to kick some butt, take some names, make some trades and send a nice big cheque to my broker when I blow the account.

Bring it!!!!


Okay who am I kidding, back to bed for me!!!!

Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #62,650
  • Apr 24, 2008 1:57am Apr 24, 2008 1:57am
Guys, it may not go much farther than this, but to see it you have to look at the Daily chart,
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  • #62,651
  • Apr 24, 2008 1:57am Apr 24, 2008 1:57am
Quoting TraderJR
Shifted outwards slightly?

That's the trouble with all TA - draw enuf lines on a chart, some are bound to be hit (not quite 100 % cynical, some truth)
Thats more like what I had...
  • #62,652
  • Apr 24, 2008 2:02am Apr 24, 2008 2:02am
Hello Trader JR ,

do you know where is Abuawad?

i havn't seen his posts since 10.04
  • #62,653
  • Apr 24, 2008 2:02am Apr 24, 2008 2:02am
You realise most of the time with TA your just justifying your gut reaction to yourself, give the same chart to 2 TA guru's with 1 bullish bias, 1 bearish and they'll both justify there bias!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #62,654
  • Apr 24, 2008 2:04am Apr 24, 2008 2:04am
Quoting hard1head1
Those several daily bottoms ant be ignored especially at the intersection of the top wedge line
Anyway looks like it ain't short ATM. Got to day before yesterday's low before reversing then H1 close above yesterday's low. Effing fakeout.
Darkness lies one inch ahead..
  • #62,655
  • Apr 24, 2008 2:21am Apr 24, 2008 2:21am
update:
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ex member
  • #62,656
  • Apr 24, 2008 2:23am Apr 24, 2008 2:23am
Big converging triangle forming, coud break either way...
Darkness lies one inch ahead..
  • #62,657
  • Apr 24, 2008 2:36am Apr 24, 2008 2:36am
thanks Trader JR,
i read your private message
fxp
  • #62,658
  • Apr 24, 2008 3:05am Apr 24, 2008 3:05am
euro got a smack in the face with those german numbers.
it might take cable down with it.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #62,659
  • Apr 24, 2008 3:18am Apr 24, 2008 3:18am
Quoting salah k.
euro got a smack in the face with those german numbers.
it might take cable down with it.

retail sales will bring cable down even further now ..
  • #62,660
  • Apr 24, 2008 3:19am Apr 24, 2008 3:19am
Quoting salah k.
euro got a smack in the face with those german numbers.
it might take cable down with it.
gbp retail sale may can be -0.3 it will take cable down too
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