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Cable Update (GBPUSD)

  • #81,381
  • Aug 11, 2008 5:50am Aug 11, 2008 5:50am
Quoting vaflis
Hi, where is your tp?
check my annalysis post and you will find it
  • #81,382
  • Aug 11, 2008 5:51am Aug 11, 2008 5:51am
sorry to waste everyone's time with mere tech analysis, when god has ordained it (!) lol. G/l whatever your analytical methods.
ex member
  • #81,383
  • Aug 11, 2008 5:54am Aug 11, 2008 5:54am
Bot
GBPUSD At 19215

Stop 19084

Limit 19320, 19400

DEMO ACCOUNT
  • #81,384
  • Aug 11, 2008 5:54am Aug 11, 2008 5:54am
v funny clip:

Inserted Video
ex member
  • #81,385
  • Aug 11, 2008 6:03am Aug 11, 2008 6:03am
[quote=vaflis;2158646]
Geras nick'as
  • #81,386
  • Aug 11, 2008 6:04am Aug 11, 2008 6:04am
Quoting bbmac
v funny clip:

http://www.youtube.com/watch?v=4ogZo9YreQ4



at least people are buying today .....
  • #81,387
  • Aug 11, 2008 6:16am Aug 11, 2008 6:16am
[quote=Batonas;2158667]
Quoting vaflis
Geras nick'as
hehehe pas tave irgi neblogas
  • #81,388
  • Aug 11, 2008 6:17am Aug 11, 2008 6:17am
alright guys now we can come back to cable with the chance of following a trend to the end

fundamentals: looks like inflation is moderating a bit because of dollar strength which in turn is oushing oil and commodoties lower and hence food prices will moderate too
and PPI numbers showed that
but trade balance was really shitty
all those signs flushed the opportunity of any rate hike happening and put rate cuts back on discussion table
anyway now we have euro and pound are gonna fall heavily especially after trichet's speech

i mean we were discussing that his rate hike was a mistake but everyone said it was necessary to fight inflaation while infact it did the opposite because that rate hike kicked dollar's ass and pushed crude and commodities up and hence more global inflation

plus we have dollar strength

which means fundamentally we are set for more lows out of cable
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #81,389
  • Aug 11, 2008 6:20am Aug 11, 2008 6:20am
as for technicals looking at monthly charts we have confirmed a downtrend and a strong one at that

daily is showing possible retracement to 9330 if we cant close above it we are back down for new lows

any comments are highly appreciated
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #81,390
  • Aug 11, 2008 6:24am Aug 11, 2008 6:24am
Quoting salah k.
alright guys now we can come back to cable with the chance of following a trend to the end

fundamentals: looks like inflation is moderating a bit because of dollar strength which in turn is oushing oil and commodoties lower and hence food prices will moderate too
and PPI numbers showed that
but trade balance was really shitty
all those signs flushed the opportunity of any rate hike happening and put rate cuts back on discussion table
anyway now we have euro and pound are gonna fall heavily especially after trichet's speech

i mean we were discussing that his rate hike was a mistake but everyone said it was necessary to fight inflaation while infact it did the opposite because that rate hike kicked dollar's ass and pushed crude and commodities up and hence more global inflation

plus we have dollar strength

which means fundamentally we are set for more lows out of cable
i agree
When life gives you lemons, make lemonade
  • #81,391
  • Aug 11, 2008 6:29am Aug 11, 2008 6:29am
Quoting micho
i agree
ahleen bi abul mich
wlak salemto

shou bro were are u traveling next so i can study the country and ask for souvenirs
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #81,392
  • Aug 11, 2008 6:37am Aug 11, 2008 6:37am
Quoting salah k.
ahleen bi abul mich
wlak salemto

shou bro were are u traveling next so i can study the country and ask for souvenirs
i am testing a new very common strategy now in my demo account
also trying to code its EA... it includes EMA SMA RSI MACD and Fibonacci on several time frames. Hope to get good results
When life gives you lemons, make lemonade
  • #81,393
  • Aug 11, 2008 6:38am Aug 11, 2008 6:38am
i dunno where i travel next but i got nice souvenirs from madagascar

look at the pic, this is me and the sinus (bil lebnene bi oulo sinusit)
Attached Image
When life gives you lemons, make lemonade
  • #81,394
  • Aug 11, 2008 6:42am Aug 11, 2008 6:42am
Quoting micho
i am testing a new very common strategy now in my demo account
also trying to code its EA... it includes EMA SMA RSI MACD and Fibonacci on several time frames. Hope to get good results
i have no doubt u will
libanani bya3mol li baddo yeah
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #81,395
  • Aug 11, 2008 6:43am Aug 11, 2008 6:43am
Quoting micho
i dunno where i travel next but i got nice souvenirs from madagascar

look at the pic, this is me and the sinus (bil lebnene bi oulo sinusit)

hehe nice souvenir
did u have to eat the guy be4 taking his head
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #81,396
  • Aug 11, 2008 6:46am Aug 11, 2008 6:46am
could reach around 2.0
Attached Image
  • #81,397
  • Aug 11, 2008 6:49am Aug 11, 2008 6:49am
Quoting Clouds
could reach around 2.0
Attachment
what time frame are u using in this image
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #81,398
  • Aug 11, 2008 6:50am Aug 11, 2008 6:50am
Quoting salah k.
hehe nice souvenir
did u have to eat the guy be4 taking his head
this is a monkey from Madagascar

and a huge turtle aged 60 years, she even walks when i sit on it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMGP3.jpg Size: 183 KB
Click to Enlarge Name: IMGP12.jpg Size: 310 KB
When life gives you lemons, make lemonade
  • #81,399
  • Aug 11, 2008 6:55am Aug 11, 2008 6:55am
Quoting salah k.
what time frame are u using in this image
It is a weekly chart
  • #81,400
  • Aug 11, 2008 6:57am Aug 11, 2008 6:57am
Quoting Clouds
could reach around 2.0
Attachment

if it goes that far it wont reach 2 it will exceed it...the good thing is if any1 was expecting a bullish breakout it possible now cause we hit the retracement level..monthly is now able to make a new high...

wishfull thinking i know...
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