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Cable Update (GBPUSD)

  • #80,061
  • Aug 5, 2008 11:52am Aug 5, 2008 11:52am
Quoting nAVIN2007
it better not test the bottom..i just entered long....
You wont regret, time will tell.
  • #80,062
  • Aug 5, 2008 11:54am Aug 5, 2008 11:54am
Quoting AmeriTrini
You wont regret, time will tell.

thx man ...always encouraging to u know what yur thinking
im scalping the breakout incase it goes wrong....lol
gaining pips just incase..
  • #80,063
  • Aug 5, 2008 11:57am Aug 5, 2008 11:57am
Quoting nAVIN2007
thx man ...always encouraging to u know what yur thinking
we all care about ur best navin and we like always to pick the right entry

but i still see a small test to this area before taking decision
i may be wrong who know
  • #80,064
  • Aug 5, 2008 12:01pm Aug 5, 2008 12:01pm
Quoting warta
we all care about ur best navin and we like always to pick the right entry

but i still see a small test to this area before taking decision
i may be wrong who know
whats happening???
Attached Image (click to enlarge)
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  • #80,065
  • Aug 5, 2008 12:02pm Aug 5, 2008 12:02pm
Quoting warta
we all care about ur best navin and we like always to pick the right entry

but i still see a small test to this area before taking decision
i may be wrong who know
well we may have a new chanel 50's to the 70's but i hope we go down there aways nice to get a good entry up.
  • #80,066
  • Aug 5, 2008 12:03pm Aug 5, 2008 12:03pm
Quoting warta
we all care about ur best navin and we like always to pick the right entry

but i still see a small test to this area before taking decision
i may be wrong who know
I think it will stay at this level or go little up before the BOE decesion and then it will take the final direction.
I think Gold and Oil price will stabilize for now as Fed gave its verdict.
GBP will be range bound between 1.95 to 1.97 next few weeks.
{Promotion Removed}
  • #80,067
  • Aug 5, 2008 12:04pm Aug 5, 2008 12:04pm
Quoting nAVIN2007
thx man ...always encouraging to u know what yur thinking
im scalping the breakout incase it goes wrong....lol
gaining pips just incase..


I'm seeing higher highs already!!......and not on a low time frame either!!

  • #80,068
  • Aug 5, 2008 12:05pm Aug 5, 2008 12:05pm
Quoting nAVIN2007
whats happening???
thats why am telling u navin we will test the bottom again then load a strong up and i think we will form a nice pin on daily chart coming after a nice R area @ 530 but am keeping my buy order @ 470 incase
now if u look at 1 h chart it close above the gann hilo so normaly in same case rice has to test the 5 sma then trending up
  • #80,069
  • Aug 5, 2008 12:06pm Aug 5, 2008 12:06pm
I've exited my longs until I see a clearer direction, .944 is definitely starting to exert magnetism, plus when a majority on this thread are long with no real conviction save 'it always retraces', it 's just not a reason to pull the trigger, and the original evaluation for a long position is no longer valid = short
Money & Pain Respect the market, protect your capital, be patient
  • #80,070
  • Aug 5, 2008 12:07pm Aug 5, 2008 12:07pm
Quoting atif
I think it will stay at this level or go little up before the BOE decesion and then it will take the final direction.
I think Gold and Oil price will stabilize for now as Fed gave its verdict.
GBP will be range bound between 1.95 to 1.97 next few weeks.

The most volatile market will range 200 pips for the next few weeks?? I beg to differ!!

  • #80,071
  • Aug 5, 2008 12:07pm Aug 5, 2008 12:07pm
Quoting atif
I think it will stay at this level or go little up before the BOE decesion and then it will take the final direction.
I think Gold and Oil price will stabilize for now as Fed gave its verdict.
GBP will be range bound between 1.95 to 1.97 next few weeks.

verry possible bro , bb is flat aswell mean consolidation with a lil bit up
  • #80,072
  • Aug 5, 2008 12:11pm Aug 5, 2008 12:11pm
Quoting AmeriTrini
I'm seeing higher highs already!!......and not on a low time frame either!!



dollar index is seriously overbought also ...
  • #80,073
  • Aug 5, 2008 12:13pm Aug 5, 2008 12:13pm
We are now trading above 15m 50ema which has been very stubborn over the past few days....
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.GIF Size: 17 KB
Patience + Discipline - Greed = Success
  • #80,074
  • Aug 5, 2008 12:16pm Aug 5, 2008 12:16pm
now the shit entry look good
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Click to Enlarge Name: picturebmp.JPG Size: 114 KB
  • #80,075
  • Aug 5, 2008 12:23pm Aug 5, 2008 12:23pm
Im looking towards the daily close to see if thats a bottom.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 30 min 4 aug.gif Size: 43 KB
Click to Enlarge Name: daily 4 aug.gif Size: 61 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,076
  • Aug 5, 2008 12:27pm Aug 5, 2008 12:27pm
My chart:
Attached Image (click to enlarge)
Click to Enlarge Name: GBP 15min.JPG Size: 94 KB
{Promotion Removed}
  • #80,077
  • Aug 5, 2008 12:32pm Aug 5, 2008 12:32pm
allright off to bed nice talking to you all good luck on the market and talk to you tomorrow am...
  • #80,078
  • Aug 5, 2008 12:33pm Aug 5, 2008 12:33pm
Quoting atif
My chart:
Thats not a gap its your broker feed.look for gaps at the weekend.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,079
  • Aug 5, 2008 12:35pm Aug 5, 2008 12:35pm
Quoting Bones
Im looking towards the daily close to see if thats a bottom.

good stuff bro....i like the way your not leaving anything to chance..1.9480 i think might be the floor to build longs from thou..like yourself we gonna get news later i dunno if 1.9520 will hold

many pips to u bro
  • #80,080
  • Aug 5, 2008 12:36pm Aug 5, 2008 12:36pm
Quoting Bones
Thats not a gap its your broker feed.look for gaps at the weekend.
I didn't have a gap and I have feeds from FXDD and MB Trading!
Just digging in the trenches like everyone else!
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