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Cable Update (GBPUSD)

  • #67,621
  • May 25, 2008 8:06am May 25, 2008 8:06am
Quoting RoWkIlLa
Based on this chart I firmly believe we are heading towards 2.09, probably in the next month or so.
u know a month back when cable was at 2.0390 area and in the peak of US weakness that would have been more logical.

but for now i think its too difficult to predict if cable will have momentum to go there.

anyway its hard to predict cable these days so im trying to follow price action to catch a couple of pips here and there.

but interesting chart.
all the best
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,622
  • May 25, 2008 8:10am May 25, 2008 8:10am
kifo salah nchalla mni7 ?
3am te7dar el tv hehe liom la7 ysir 3ana ra2is manzar
  • #67,623
  • May 25, 2008 8:14am May 25, 2008 8:14am
Quoting priceaction
Hi Salah,

Yes I know this is not common knowledge to those outside of the GCC. The only reason I know is that I have lived in Dubai, Al Ain, AD, Riyadh, etc. So I was lucky enough to get up close and personal with the reality, as opposed to relying on CNN or BBC

The growth in Dubai is phenomenal, especially when you can physically watch it happening. It remains to be seen how everything plays out in the longer term.

Rob
oh al ain
very beautiful
my uncle worked in twam hospital
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,624
  • May 25, 2008 8:17am May 25, 2008 8:17am
bearish move

Attached Image (click to enlarge)
Click to Enlarge Name: ch1.gif Size: 14 KB
  • #67,625
  • May 25, 2008 8:18am May 25, 2008 8:18am
Quoting warta
kifo salah nchalla mni7 ?
3am te7dar el tv hehe liom la7 ysir 3ana ra2is manzar
ahleeeeeeeeeen
only in lebanon baby
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,626
  • May 25, 2008 8:20am May 25, 2008 8:20am
Quoting salah k.
ahleeeeeeeeeen
only in lebanon baby

neyelna wala
lek inta wein sekin bi leb?
  • #67,627
  • May 25, 2008 8:20am May 25, 2008 8:20am
Quoting warta
bearish move

Attachment

love the chart
cant wait to see how cable opens tonight
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,628
  • May 25, 2008 8:20am May 25, 2008 8:20am
Quoting warta
neyelna wala
lek inta wein sekin bi leb?
hamra beirut
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,629
  • May 25, 2008 8:22am May 25, 2008 8:22am
Quoting salah k.
hamra beirut

ana ken bayti 3a mar elias w ba3do bas msakar ma ba3ref iza nsara2 aw la2
  • #67,630
  • May 25, 2008 8:29am May 25, 2008 8:29am
Quoting warta
ana ken bayti 3a mar elias w ba3do bas msakar ma ba3ref iza nsara2 aw la2
mar elias ya3ni neighbors
no bro
ma bitsawwar sar fi hek 2ashia
only murder and burning things but not robbery.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,631
  • May 25, 2008 8:35am May 25, 2008 8:35am
Can't wait to see how market influences GBP - USD. I hope GBP - USD will raise making Cable raise higher. AS US & UK Market is close on Monday, want to see how dollar impacts on GBP. I hope EUR - USD will increase. Watt's graph analysis boosts me up.
  • #67,632
  • May 25, 2008 8:36am May 25, 2008 8:36am
Quoting salah k.
mar elias ya3ni neighbors
no bro
ma bitsawwar sar fi hek 2ashia
only murder and burning things but not robbery.

man u r dealing with 7aramiet taset w mreyet sayart
  • #67,633
  • May 25, 2008 8:48am May 25, 2008 8:48am
Quoting warta
bearish move

Attachment
a confirmations of double tops if it close below d lows between d 2 tops... so for now it can b either way...
Swinger Club
  • #67,634
  • Edited 9:34am May 25, 2008 8:59am | Edited 9:34am
Quoting lowyat82
a confirmations of double tops if it close below d lows between d 2 tops... so for now it can b either way...

the double top to confirm the R level
  • #67,635
  • May 25, 2008 9:03am May 25, 2008 9:03am
Quoting warta
man u r dealing with 7aramiet taset w mreyet sayart
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,636
  • May 25, 2008 9:29am May 25, 2008 9:29am
Quoting warta
the double top to copnfirm the R level
wat is R level?
Swinger Club
  • #67,637
  • May 25, 2008 9:42am May 25, 2008 9:42am
Quoting lowyat82
wat is R level?
resistance level
  • #67,638
  • May 25, 2008 9:47am May 25, 2008 9:47am
Quoting warta
resistance level
we just got ourselves a new president
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #67,639
  • May 25, 2008 9:47am May 25, 2008 9:47am
Quoting Bones
Thanks Tmac do you think that triple bottom pattern looks a bit messey ,like the spike up the 2.4 area is two far ?

Aslo on your site found a nice picture of an inverse H+S
I know Its early but worth considering?
I think the pound needs a correction first from the friday high so I am looking to short it today into tonight but will look for confirmation of this first
Don't chase the market, Let the market come to you
  • #67,640
  • May 25, 2008 9:58am May 25, 2008 9:58am
Quoting salah k.
we just got ourselves a new president

ywah how lucky we are but you know bro !
t3awadna bala president
askas hek
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