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Cable Update (GBPUSD)

  • #83,861
  • Aug 24, 2008 9:31pm Aug 24, 2008 9:31pm
re test 18450 ?
  • #83,862
  • Aug 24, 2008 9:40pm Aug 24, 2008 9:40pm
Quoting Optimum
re test 18450 ?
Thank you for pointing out the mistake. I was trying to get it posted before my wife went to bed. I've corrected my post. I should have said test 1.845x before falling.
Just digging in the trenches like everyone else!
  • #83,863
  • Aug 24, 2008 9:51pm Aug 24, 2008 9:51pm
Quoting eohater
Thank you for pointing out the mistake. I was trying to get it posted before my wife went to bed. I've corrected my post. I should have said test 1.845x before falling.
I apologize. I didn't understand

Shortly

Ago 1,845x After 1,83xx

Correct?

"I speak english little."
  • #83,864
  • Aug 24, 2008 10:00pm Aug 24, 2008 10:00pm
Quoting Optimum
I apologize. I didn't understand

Shortly

Ago 1,845x After 1,83xx

Correct?

"I speak english little."
We could test 1.845x and then fall to 1.836x. The last candle that closed on my posted charts played around 1.844x before closing at 1.8418. The current candle could test this area of 1.845x before falling to 1.836x. I'm not sure which direction and when it's going. It could range 15 pips until the US news comes out since it's a Holiday in GBP at which point I would be looking at different price levels to determine my trade.
Just digging in the trenches like everyone else!
  • #83,865
  • Aug 24, 2008 10:08pm Aug 24, 2008 10:08pm
Quoting eohater
We could test 1.845x and then fall to 1.836x. The last candle that closed on my posted charts played around 1.844x before closing at 1.8418. The current candle could test this area of 1.845x before falling to 1.836x. I'm not sure which direction and when it's going. It could range 15 pips until the US news comes out since it's a Holiday in GBP at which point I would be looking at different price levels to determine my trade.
8480 would be nice....
Patience + Discipline - Greed = Success
  • #83,866
  • Aug 24, 2008 10:09pm Aug 24, 2008 10:09pm
Quoting eohater
We could test 1.845x and then fall to 1.836x. The last candle that closed on my posted charts played around 1.844x before closing at 1.8418. The current candle could test this area of 1.845x before falling to 1.836x. I'm not sure which direction and when it's going. It could range 15 pips until the US news comes out since it's a Holiday in GBP at which point I would be looking at different price levels to determine my trade.
For the answer, very thanks
  • #83,867
  • Aug 24, 2008 10:11pm Aug 24, 2008 10:11pm
Quoting Infinity
8480 would be nice....
You see that high?
Just digging in the trenches like everyone else!
  • #83,868
  • Aug 24, 2008 10:12pm Aug 24, 2008 10:12pm
Quoting Optimum
For the answer, very thanks
no problem! I hope it helps!
Just digging in the trenches like everyone else!
  • #83,869
  • Aug 24, 2008 10:23pm Aug 24, 2008 10:23pm
Quoting lasty
The weakness of GBP is dragging the rest lower.
The UK is facing an economic disaster and talk of recession over the weekend.I think that was partly to blame for the large sell off this morning.
I see GBP weakening across the board on most crosses.
The USD has whipped a few directional players about.Too many mixed signals with Gold and Oil gyrating.
I think its choppy sessions ahead until we get some clear air.
For mine its one of these periods in the market where you check out the Good Food Guide and catch up with friends and buy them a meal.
It will be alot cheaper option.
Welcome to the Factory and thank you for your insight!
Just digging in the trenches like everyone else!
  • #83,870
  • Aug 24, 2008 10:32pm Aug 24, 2008 10:32pm
Quoting eohater
Welcome to the Factory and thank you for your insight!
Thank you for your greetings.
  • #83,871
  • Aug 24, 2008 10:34pm Aug 24, 2008 10:34pm
Quoting eohater
You see that high?
I was looking at this little tl and also the 15m 50ema but it is possible it won't get there...
Attached Image
Patience + Discipline - Greed = Success
  • #83,872
  • Aug 24, 2008 10:45pm Aug 24, 2008 10:45pm
Quoting Infinity
I was looking at this little tl and also the 15m 50ema but it is possible it won't get there...
now I see it! Thanks!
Just digging in the trenches like everyone else!
  • #83,873
  • Aug 24, 2008 10:50pm Aug 24, 2008 10:50pm
any thought about this chart please?
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 15 KB
  • #83,874
  • Aug 24, 2008 10:57pm Aug 24, 2008 10:57pm
Quoting nedal26
any thought about this chart please?
Yeah! Down!
Attached Image (click to enlarge)
Click to Enlarge Name: chart.JPG Size: 81 KB
Just digging in the trenches like everyone else!
  • #83,875
  • Aug 24, 2008 11:02pm Aug 24, 2008 11:02pm
Quoting eohater
Yeah! Down!


I t/p 1,8350

yours?
  • #83,876
  • Aug 24, 2008 11:08pm Aug 24, 2008 11:08pm
Quoting Optimum


I t/p 1,8350

yours?
I'm not in a trade yet!
Just digging in the trenches like everyone else!
  • #83,877
  • Aug 24, 2008 11:11pm Aug 24, 2008 11:11pm
Quoting eohater
I'm not in a trade yet!


same. its too dangerous enter the market now. can't see any direction of GU.
it's sideway now
  • #83,878
  • Aug 24, 2008 11:13pm Aug 24, 2008 11:13pm
Seems like it's always friggin' sideways these days... when it's not falling like a hot rock, that is.
Do you think the karate kid knows kung-fu?
  • #83,879
  • Aug 24, 2008 11:13pm Aug 24, 2008 11:13pm
Quoting eohater
Yeah! Down!
I look for it it make a good 30-40 pip move to the upside.

Tuesday morning (Naptown time)...I am going to wait for then...I suspect a nice, albeit brief, uptrend.

Might only last a brief period of time though, then back down.
  • #83,880
  • Aug 24, 2008 11:15pm Aug 24, 2008 11:15pm
Quoting nedal26
any thought about this chart please?
I don't understand it.

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