opa, mais um brasileiro assinando....
Guys upward journey has started bcos my wave C is complete which I ecpexted at 1.9420+/-5 which i posted before here .........provided sub wave 5 of wave C is not extended & if it does than it will go to 1.9320 ................According to me upward journey is confirmed by sharp bounce back at 1.9425 on my chart...........wat u guys feel
If we go through 30 I see us going to next fib at 9401, then 9259 area. All I see is bearish cable but news l8r in week may change direction.
As for me I am keeping an open mind and spending some time with the kids.
- #6,445
- Feb 19, 2007 6:44am Feb 19, 2007 6:44am
- Joined Sep 2006 | Status: Trader | 2,272 Posts
its just money
- #6,452
- Feb 19, 2007 7:09am Feb 19, 2007 7:09am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
The move down was not technical at all it was actully caused by the MPC report released by the BoE. They spoke about Pound depreciation that was the sole cause it is not always Techs + Fundies sometimes it is just Fundies liek today.
- #6,453
- Feb 19, 2007 9:31am Feb 19, 2007 9:31am
- | Joined Dec 2006 | Status: Trader | 1,104 Posts
It has really been great trading for me lately trading off the 15 and 60 minute charts I believe I have found "my way" 
50 pips yesterday and 70 pips waking up this morning.
Now as of cable. I said last night I thought it would go down just judging from the fibos and the divergence I was seeing on the 15 and 30 minute charts. I t/p and now I believe it will go back up and we saw the low for today of 9429. Now my Macd has crossed up on the 15 minute chart so I took the trade. I usually wait for the 60 minute chart to confirm but im being aggressive. currently up 34 pips and my t/p will be the first fibo of 38.2%9524. I don't know exactly where cable is going to go but it has so many ups and downs when its trying to get somewhere that it fakes us all out.
50 pips yesterday and 70 pips waking up this morning.
Now as of cable. I said last night I thought it would go down just judging from the fibos and the divergence I was seeing on the 15 and 30 minute charts. I t/p and now I believe it will go back up and we saw the low for today of 9429. Now my Macd has crossed up on the 15 minute chart so I took the trade. I usually wait for the 60 minute chart to confirm but im being aggressive. currently up 34 pips and my t/p will be the first fibo of 38.2%9524. I don't know exactly where cable is going to go but it has so many ups and downs when its trying to get somewhere that it fakes us all out.
trading on demo is not trading
- #6,457
- Feb 19, 2007 10:40am Feb 19, 2007 10:40am
What is the point of having two threads both dedicated to the analysis of the GBP/USD cable? Why don't we just keep all discussion to one thread or the other?
http://www.forexfactory.com/images/misc/progress.gif
Because we don't like them....
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- #6,459
- Feb 19, 2007 10:50am Feb 19, 2007 10:50am
- | Joined Dec 2006 | Status: Trader | 1,104 Posts
k im back... Nice move up on cable pips kepaoncomin...
I see price bounced off my 100 ema(9500) on the 15 min chart. Its made 2 attempts to break through it clearly so the third one is usually the Winner.
I see price bounced off my 100 ema(9500) on the 15 min chart. Its made 2 attempts to break through it clearly so the third one is usually the Winner.
trading on demo is not trading
