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Cable Update (GBPUSD)

  • #87,201
  • Sep 10, 2008 10:09pm Sep 10, 2008 10:09pm
Whay do you guys think about hitting 1.72? I don't think today but maybe soon and if doesn't retrace maybe this week...
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  • #87,202
  • Sep 10, 2008 10:25pm Sep 10, 2008 10:25pm
Quoting eohater
sma

My time of entry the sma price was 1.7542 and I got in at 1.7535. I'm locked in with 5 pips profit and targeting 1.7510.
Profit has been taken. Next set up I will await. It could go lower, but I'm
Just digging in the trenches like everyone else!
  • #87,203
  • Sep 10, 2008 10:26pm Sep 10, 2008 10:26pm
Quoting pip me
Whay do you guys think about hitting 1.72? I don't think today but maybe soon and if doesn't retrace maybe this week...
FOREX anything is possible.
1.72xx if not today then we will see this level on friday.
  • #87,204
  • Sep 10, 2008 10:26pm Sep 10, 2008 10:26pm
Quoting eohater
Profit has been taken. Next set up I will await. It could go lower, but I'm
excellent...
Patience + Discipline - Greed = Success
  • #87,205
  • Sep 10, 2008 10:30pm Sep 10, 2008 10:30pm
Quoting pip me
Whay do you guys think about hitting 1.72? I don't think today but maybe soon and if doesn't retrace maybe this week...
because simply asian season traders wont stop pushing the cable to a new low levels
I recommend you read something else as this sentence is now concluded.
  • #87,206
  • Sep 10, 2008 10:37pm Sep 10, 2008 10:37pm
Quoting eohater
Profit has been taken. Next set up I will await. It could go lower, but I'm
how confident are you about the second move?
I recommend you read something else as this sentence is now concluded.
  • #87,207
  • Sep 10, 2008 10:42pm Sep 10, 2008 10:42pm
Quoting Obaidah
how confident are you about the second move?
I haven't jumped yet. Patience. I need confirmation. There are definately buyers down there waiting to buy, but you don't want to be premature.
Just digging in the trenches like everyone else!
  • #87,208
  • Sep 10, 2008 10:51pm Sep 10, 2008 10:51pm
Could we be headed towards 1.76 before falling?
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Just digging in the trenches like everyone else!
  • #87,209
  • Sep 10, 2008 10:58pm Sep 10, 2008 10:58pm
Seems like 1.7540-1.7570 will be the highest level today on London session. If not reached all the way fall. Just opinion !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #87,210
  • Sep 10, 2008 10:59pm Sep 10, 2008 10:59pm
Quoting eohater
Could we be headed towards 1.76 before falling?
yup, i think its gonna test the ma line before going down.
I recommend you read something else as this sentence is now concluded.
  • #87,211
  • Sep 10, 2008 10:59pm Sep 10, 2008 10:59pm
I can't see an entry for long...my system is saying down which is simply poiting out the trend, but it is just hovering around 1.7500...so it is just a guess at the moment, i think i will wait
  • #87,212
  • Sep 10, 2008 11:05pm Sep 10, 2008 11:05pm
Quoting eohater
Could we be headed towards 1.76 before falling?
I'm looking at that area myself...but somehow I don't think it will have the power to get there... I'm thinking 7550-75...
Patience + Discipline - Greed = Success
  • #87,213
  • Sep 10, 2008 11:43pm Sep 10, 2008 11:43pm
No. i don't think price will go up that far.
looking at my chart we will have strait downward movement.

Those who want to go long, please becarefull.
  • #87,214
  • Sep 10, 2008 11:53pm Sep 10, 2008 11:53pm
Quoting Ritz
No. i don't think price will go up that far.
looking at my chart we will have strait downward movement.

Those who want to go long, please becarefull.
i'll enter a short position when it tests 62ema on 15min
I recommend you read something else as this sentence is now concluded.
  • #87,215
  • Sep 11, 2008 12:12am Sep 11, 2008 12:12am
The European Commission revised its economic forecast for the UK on Wednesday, becoming the second international body to predict that gross domestic product will contract in the second half of 2008. The forecast from Brussels predicts GDP growth will fall by 0.2 percent in both the third and fourth quarters of 2008. The Organisation for Economic Cooperation and Development is predicting a contraction of less than 0.1 percent per quarter. The Commission also forecast two successive shrinking quarters for both Germany and Spain, and in explaining why it believes the UK is heading for recession, it pointed to slumping domestic demand


seems like cable won't find a bottom this year
I recommend you read something else as this sentence is now concluded.
  • #87,216
  • Sep 11, 2008 12:35am Sep 11, 2008 12:35am
Quoting Obaidah
i'll enter a short position when it tests 62ema on 15min
you close your long?
  • #87,217
  • Sep 11, 2008 12:36am Sep 11, 2008 12:36am
Quoting Ritz
you close your long?
yea at 1.7528
I recommend you read something else as this sentence is now concluded.
  • #87,218
  • Sep 11, 2008 12:50am Sep 11, 2008 12:50am
Quoting Infinity
I'm looking at that area myself...but somehow I don't think it will have the power to get there... I'm thinking 7550-75...
thats what im thinking also ...back of the dailly trendline
  • #87,219
  • Sep 11, 2008 12:57am Sep 11, 2008 12:57am
Quoting nAVIN2007
thats what im thinking also ...back of the dailly trendline
can u post a chart?
I recommend you read something else as this sentence is now concluded.
  • #87,220
  • Sep 11, 2008 1:06am Sep 11, 2008 1:06am
Quoting Obaidah
can u post a chart?
sure..
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