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Cable Update (GBPUSD)

  • #63,301
  • Apr 29, 2008 6:54pm Apr 29, 2008 6:54pm
Hi to all,

love the cable chatter!

Will it go down to test low 0f 4/15 and 4/16 @ 1.9600?

thanks for all the input.

dave
Is it Break Time yet?
  • #63,302
  • Apr 29, 2008 6:56pm Apr 29, 2008 6:56pm
Quoting Abuawad

Hi,
I'm sorry for the absent during the last period it was out of my hands I had a bad car accident. Any haw I'll not be able to start from today adding my S/R table till the beginning of next month to watch the market and have a look on the last weeks and what really happen.

Hope no one was seriously hurt and good to see u back

cheers

TraderJR
Darkness lies one inch ahead..
  • #63,303
  • Apr 29, 2008 7:06pm Apr 29, 2008 7:06pm
Trying to break recent support.
  • #63,304
  • Apr 29, 2008 8:57pm Apr 29, 2008 8:57pm
Quoting Abuawad

Hi,
I'm sorry for the absent during the last period it was out of my hands I had a bad car accident. Any haw I'll not be able to start from today adding my S/R table till the beginning of next month to watch the market and have a look on the last weeks and what really happen.

good to see u back
waiting for ur expert analysis
  • #63,305
  • Apr 29, 2008 10:11pm Apr 29, 2008 10:11pm
Glad to see your back Abuawad, sorry to hear about your crash!!!

Welcome Back!
  • #63,306
  • Apr 29, 2008 10:11pm Apr 29, 2008 10:11pm
Quoting Abuawad

Hi,


I'm sorry for the absent during the last period it was out of my hands I had a bad car accident. Any haw I'll not be able to start from today adding my S/R table till the beginning of next month to watch the market and have a look on the last weeks and what really happen.

Hope all is well now. Look forward to your posts.
Trade what you see, not what you think.
  • #63,307
  • Apr 29, 2008 11:20pm Apr 29, 2008 11:20pm
Hi guys, need your suggestion on this.
I dun know whether how you guys draw the trend line but look at mine. Is it okay? So I assume the break out is soon.

http://i262.photobucket.com/albums/ii81/Togu1/gu-5.gif
  • #63,308
  • Apr 29, 2008 11:33pm Apr 29, 2008 11:33pm
that's exactly wot i have.... The TD is holding position for GU.... long is more visible here owning to the fact that today is tripple interest rate and the chart is telling you something close to long........

chart saying long?

GU is testing TD presently


I know the gurus here would comment
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 29 KB
  • #63,309
  • Apr 29, 2008 11:54pm Apr 29, 2008 11:54pm
Quoting Moe
navin i went short at my long entry 1.9880, system told me things was about to change
new t/p 1.9500, close half at 9700
If I Go Broke Trying Then I Will die happy.
  • #63,310
  • Apr 30, 2008 12:10am Apr 30, 2008 12:10am
Quoting Naijafx
that's exactly wot i have.... The TD is holding position for GU.... long is more visible here owning to the fact that today is tripple interest rate and the chart is telling you something close to long........

chart saying long?

GU is testing TD presently


I know the gurus here would comment
Thanks. It's nice to know at least one person has the same trend line lol. So you think it will test the support and will climb up today? So expecting the line break next week? I dunno how the interest rate affects it.
  • #63,311
  • Apr 30, 2008 12:51am Apr 30, 2008 12:51am
hi

any predict about Nationwide House Prices m/m
  • #63,312
  • Apr 30, 2008 1:00am Apr 30, 2008 1:00am
*(uk) Apr Nationwide House Prices: M/m -1.1% V -0.5%e; Y/y % V 1.1%e

Lowest since June 1995

Enough to progress the yesterday''s bear move further.
  • #63,313
  • Apr 30, 2008 1:05am Apr 30, 2008 1:05am
long Is Dead
If I Go Broke Trying Then I Will die happy.
  • #63,314
  • Apr 30, 2008 1:06am Apr 30, 2008 1:06am
Quoting Moe
new t/p 1.9500, close half at 9700
i'm added my short at GBPUSD but seems like movement it;s to slow
hpw about u Moe?
should it down until 9600?
  • #63,315
  • Apr 30, 2008 1:06am Apr 30, 2008 1:06am
Cable is doomed.
Expected the unexpected
  • #63,316
  • Apr 30, 2008 1:10am Apr 30, 2008 1:10am
Quoting Moe
new t/p 1.9500, close half at 9700
Congrats Moe! Happy Trading bro!
  • #63,317
  • Apr 30, 2008 1:12am Apr 30, 2008 1:12am
Quoting scyang
Cable is doomed.
damm, GBPUSD movement it's to slow,
i thouhgt it's going south
  • #63,318
  • Apr 30, 2008 1:14am Apr 30, 2008 1:14am
Won't go down without a fight. Remember the UK still has one of the highest interest rates.
Expected the unexpected
  • #63,319
  • Apr 30, 2008 1:18am Apr 30, 2008 1:18am
i say cable down to 9500 or lower, what happen to you FXdaily you can't catch a break, your done
If I Go Broke Trying Then I Will die happy.
  • #63,320
  • Apr 30, 2008 1:20am Apr 30, 2008 1:20am
Cable is not falling as fast as I thought it would. As a matter of fact, it's turned up a bit now, into 40s.
Expected the unexpected
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