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Cable Update (GBPUSD)

  • #72,661
  • Jun 26, 2008 6:35am Jun 26, 2008 6:35am
Quoting salah k.
i kinda think so too but we must not ignore monthly cause its closing in on the TL.
a tend should start next month or am i day dreaming again.
things here are getting better in UK ...SO WE SHOULD GO INTO UPTREND. U AGREE WITH THIS??

really dont think so ...UK is getting worse, housing market if anything is collapsing so i dont know but i feel better with the short instead of long...
  • #72,662
  • Jun 26, 2008 6:38am Jun 26, 2008 6:38am
Sellers at 1.99, I think
Attached Image
  • #72,663
  • Jun 26, 2008 6:42am Jun 26, 2008 6:42am
is this tripple bottom which would take us to 1.6 again(break out in blue colour)? see the history of price patern(tripple bottom) in my attached grapf which used to break 1.5 record .if this is the case,cable should go up along the way.what do you think traders?
Attached Image (click to enlarge)
Click to Enlarge Name: TRPPLE BTTOM.GIF Size: 8 KB
  • #72,664
  • Jun 26, 2008 6:45am Jun 26, 2008 6:45am
Quoting nAVIN2007
things here are getting better in UK ...SO WE SHOULD GO INTO UPTREND. U AGREE WITH THIS??

really dont think so ...UK is getting worse, housing market if anything is collapsing so i dont know but i feel better with the short instead of long...
Sticking to Shorts is all well and good if your a fundemental long term ie week++++ holder, anything less stick to the charts and play the current momentum fools.

Which be up and I just missed a setup on Euro and UJ doh!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #72,665
  • Jun 26, 2008 6:46am Jun 26, 2008 6:46am
!
Lovin every minuite of it...

Even Before the cruddy news!
Support building please & Thank you! !

Terrapin Pipper,

Jeff
I will work to Objectively Identify my Edges
  • #72,666
  • Jun 26, 2008 6:48am Jun 26, 2008 6:48am
Quoting Clouds
i see, at 1.99 everyone is going be screaming short, and it will be good.
Let's see
  • #72,667
  • Jun 26, 2008 6:52am Jun 26, 2008 6:52am
Quoting Turveyd
Sticking to Shorts is all well and good if your a fundemental long term ie week++++ holder, anything less stick to the charts and play the current momentum fools.

Which be up and I just missed a setup on Euro and UJ doh!!!
Agree, TA trumps everything, lol, it would have never been shorted from 2.11 or whatever, unless it was trend lines...
  • #72,668
  • Jun 26, 2008 6:53am Jun 26, 2008 6:53am
whenever i seem so sure..i get screwed ...
  • #72,669
  • Jun 26, 2008 6:58am Jun 26, 2008 6:58am
Quoting nAVIN2007
whenever i seem so sure..i get screwed ...
Lol, don't worry Navin, we've all been down that road before.
  • #72,670
  • Jun 26, 2008 6:59am Jun 26, 2008 6:59am
Quoting nAVIN2007
things here are getting better in UK ...SO WE SHOULD GO INTO UPTREND. U AGREE WITH THIS??

really dont think so ...UK is getting worse, housing market if anything is collapsing so i dont know but i feel better with the short instead of long...
yes bro i agree but the european sentiment is to fight inflation rather than boosting the economy or at least thats wat is apparent.

however like u I favored short and wat ur telling me now i actually told u when cable was above 2.0000
we can only trade the market bro at the moment
catch some pips here and there

anyway im entering after US news
hoping for good numbers cause shorting cable ATM looks better than going long after 160 pips so far
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,671
  • Jun 26, 2008 7:04am Jun 26, 2008 7:04am
Quoting nAVIN2007
whenever i seem so sure..i get screwed ...
easy bro if it breaks 9900 then start worrying but for now dont
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,672
  • Jun 26, 2008 7:06am Jun 26, 2008 7:06am
Quoting nAVIN2007
whenever i seem so sure..i get screwed ...
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,673
  • Jun 26, 2008 7:14am Jun 26, 2008 7:14am
Quoting nAVIN2007
whenever i seem so sure..i get screwed ...
Well at least now you know how to get screwed!
  • #72,674
  • Jun 26, 2008 7:18am Jun 26, 2008 7:18am
Quoting nAVIN2007
whenever i seem so sure..i get screwed ...
Just remember these words. Going long doesn't always get you screwed.
  • #72,675
  • Jun 26, 2008 7:18am Jun 26, 2008 7:18am
Same chart as earlier, just a bit later. Time for short, nearly
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 17 KB
  • #72,676
  • Jun 26, 2008 7:19am Jun 26, 2008 7:19am
The news I am sure will resolve the deadlock and point the way down I hope
  • #72,677
  • Jun 26, 2008 7:23am Jun 26, 2008 7:23am
Quoting samuzowulu
The news I am sure will resolve the deadlock and point the way down I hope
what will stop this Strong up trend now?
i put a warning and this happened before.
  • #72,678
  • Jun 26, 2008 7:24am Jun 26, 2008 7:24am
wow strong bullish sentiment
could the news add fuel to this fire???
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,679
  • Jun 26, 2008 7:24am Jun 26, 2008 7:24am
Quoting Runway Trade
Same chart as earlier, just a bit later. Time for short, nearly

Good enough to read http://forexfactory.com/news.php?do=news&id=93259
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,680
  • Jun 26, 2008 7:36am Jun 26, 2008 7:36am
If...

She break's! -Ha!

Come on boy's...
The boys in London have no more money to
push her up or what? !

Come on Baby,
Right Yourself, Asess yourself!
UP!
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
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