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Cable Update (GBPUSD)

  • #6,441
  • Feb 21, 2007 2:52am Feb 21, 2007 2:52am
And the match begins....

Leugimp "always up" x henrycarol "goodbye blue sky"

  • #6,442
  • Feb 21, 2007 2:53am Feb 21, 2007 2:53am
Quoting cesarnc
And the match begins....

Leugimp "always up" x henrycarol "goodbye blue sky"

They are both usually right so I'm hedging damnit!
Show me the PIPS!
  • #6,443
  • Feb 21, 2007 2:55am Feb 21, 2007 2:55am
Quoting tathlynq
They are both usually right so I'm hedging damnit!
Yeah...

Expect a bounce at 9635 where Leugimp takes profit and henrycarol shorts, then 9444, that henrycarol is waiting for for hours...
  • #6,444
  • Feb 21, 2007 2:58am Feb 21, 2007 2:58am
2 min to go (1hr candle) and ranging at 9671 (no pin bar) 9669 (yes pin bar)

  • #6,445
  • Feb 21, 2007 2:59am Feb 21, 2007 2:59am
henrycarol I'm sure said we'd hit 1.93 last week.
TRADE FOR SWAP
  • #6,446
  • Feb 21, 2007 3:06am Feb 21, 2007 3:06am
I guess you guys forgotten about 1.9555
  • #6,447
  • Feb 21, 2007 3:08am Feb 21, 2007 3:08am
Quoting henrycarol
I guess you guys forgotten about 1.9555
OK.... So we have

Henrycarol 1st TP 9555, 2nd 9444, 3rd 9333. (de123 is gonna love it)

Leugimp 9635

Place your tickets
  • #6,448
  • Feb 21, 2007 3:11am Feb 21, 2007 3:11am
Quoting cesarnc
2 min to go (1hr candle) and ranging at 9671 (no pin bar) 9669 (yes pin bar)


In regards to the pin bar, could you explain what it is and what it's supposed to represent. If you have a pic that would be great also.

I still think this is going into the low 9600's and then look for a retracement. Then tomorrow will follow through into the higher 9600's-low9700's if today closes above the 9575.

Thanks
  • #6,449
  • Feb 21, 2007 3:19am Feb 21, 2007 3:19am
Quoting thunder
In regards to the pin bar, could you explain what it is and what it's supposed to represent. If you have a pic that would be great also.

I still think this is going into the low 9600's and then look for a retracement. Then tomorrow will follow through into the higher 9600's-low9700's if today closes above the 9575.

Thanks
Pin-bar is a candle/bar formation. Look at your 1hr chart. The 8:00GMT candle closes within the previous candle range, after the spike to 9590.

Closing below 9570 (actually closed 9568) is a confirmation of a pin-bar and it is an indication that price will reverse direction...

Have a look at the attached file.
Attached File(s)
File Type: pdf Pin Bars.pdf   175 KB | 534 downloads
  • #6,450
  • Feb 21, 2007 3:20am Feb 21, 2007 3:20am
just mark this page...

http://forexfunds.googlepages.com/play

If u havent noticed we are in range 555-666, as long as henry doesnt break 555, im holding my longs,....
its just money
  • #6,451
  • Feb 21, 2007 3:25am Feb 21, 2007 3:25am
Quoting cesarnc
Pin-bar is a candle/bar formation. Look at your 1hr chart. The 8:00GMT candle closes within the previous candle range, after the spike to 9590.

Closing below 9570 (actually closed 9568) is a confirmation of a pin-bar and it is an indication that price will reverse direction...

Have a look at the attached file.
Thanks cesarnc and de123


That will be very helpfull
  • #6,452
  • Feb 21, 2007 3:25am Feb 21, 2007 3:25am
Quoting cesarnc
Have a look at the attached file.
Damn, cesarnc! That Pinocchio drawing is somewhat strange...
  • #6,453
  • Feb 21, 2007 3:25am Feb 21, 2007 3:25am
Quoting de123
just mark this page...

http://forexfunds.googlepages.com/play

If u havent noticed we are in range 555-666, as long as henry doesnt break 555, im holding my longs,....
Thanks for the link, now I know what a pin bar is.....a doji or spinning top = exhaustion.

Now to see if the BOE release will complete the 5 min Wave 3 - targets 9623/646/684.
Trading Levels with WRBs
  • #6,454
  • Feb 21, 2007 3:28am Feb 21, 2007 3:28am
Quoting Lojkine
Damn, cesarnc! That Pinocchio drawing is somewhat strange...
Yeah... I think this is the reason they decided to let it clear "IT IS A NOOOSE, you dirty bastards!"

  • #6,455
  • Feb 21, 2007 3:32am Feb 21, 2007 3:32am
Well as expected......1.9555 holds
  • #6,456
  • Feb 21, 2007 3:33am Feb 21, 2007 3:33am
long @9517
Man who scratches ass should not bite fingernails
  • #6,457
  • Feb 21, 2007 3:35am Feb 21, 2007 3:35am
Now I want to see 1.9444
  • #6,458
  • Feb 21, 2007 3:36am Feb 21, 2007 3:36am
Quoting henrycarol
Now I want to see 1.9444
looking for 9620
Man who scratches ass should not bite fingernails
  • #6,459
  • Feb 21, 2007 3:36am Feb 21, 2007 3:36am
1.9510
Show me the PIPS!
  • #6,460
  • Feb 21, 2007 3:38am Feb 21, 2007 3:38am
Quoting Leugimp
looking for 9620
I'm just looking for 1.9555!
Show me the PIPS!
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