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Cable Update (GBPUSD)

  • #94,761
  • Oct 29, 2008 3:04pm Oct 29, 2008 3:04pm
Quoting nAVIN2007
i wont trade that scenero thou...i need crack for that

if 1.7122 is crossed then it could happen .....lets see

notice the broadening triangle and how each high gets higher and each low gets lower
Ya, so what's the next low, 1.31?
  • #94,762
  • Oct 29, 2008 3:05pm Oct 29, 2008 3:05pm
Quoting nAVIN2007
i wont trade that scenero thou...i need crack for that

if 1.7122 is crossed then it could happen .....lets see

notice the broadening triangle and how each high gets higher and each low gets lower
even if that is the case, whose to say that we've reached the lower low yet?
I've heard more talk of 1.4's than 1.7's.

It will definitely be interesting, whatever the outcome.

Good post!
  • #94,763
  • Oct 29, 2008 3:06pm Oct 29, 2008 3:06pm
Quoting eohater
I do possibly see 1.69 as to when I don't know!
It's possible but my h4 is well overcooked and we have not been able to make a new high since the rate announcement. I took a small short at 6400 with stop above today's high.. I'll probably pay the swap on this one.... let's see where it goes...
Patience + Discipline - Greed = Success
  • #94,764
  • Oct 29, 2008 3:07pm Oct 29, 2008 3:07pm
the lines should actually be like this but it was breached and now i dont know if it invaidates the pattern...

any1 have any knowledge about diamonds in forex charts?
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  • #94,765
  • Oct 29, 2008 3:12pm Oct 29, 2008 3:12pm
Quoting PipGal
Ya, so what's the next low, 1.31?
god knows
  • #94,766
  • Oct 29, 2008 3:13pm Oct 29, 2008 3:13pm
Quoting nAVIN2007
god knows
No I don't!
  • #94,767
  • Oct 29, 2008 3:20pm Oct 29, 2008 3:20pm
Quoting nAVIN2007
god knows
Are you sure God knows?
  • #94,768
  • Oct 29, 2008 3:21pm Oct 29, 2008 3:21pm
Quoting gagakrimba
Are you sure God knows?
  • #94,769
  • Oct 29, 2008 3:21pm Oct 29, 2008 3:21pm
Quoting gagakrimba
Are you sure God knows?
well if he dont then we definately screwed
  • #94,770
  • Oct 29, 2008 3:25pm Oct 29, 2008 3:25pm
I find it a bit strange that we have not seen the Tiger Hunter bloke on here screaming
"I predict 1000 pips down from 1.52 ... follow the news!" today?
Ride the Bulls bearback!
  • #94,771
  • Oct 29, 2008 3:43pm Oct 29, 2008 3:43pm
Quoting alcando
I find it a bit strange that we have not seen the Tiger Hunter bloke on here screaming
\"I predict 1000 pips down from 1.52 ... follow the news!\" today?
yeah always writing the same thing copy and paste..he could at least change the sentences
  • #94,772
  • Oct 29, 2008 3:43pm Oct 29, 2008 3:43pm
Quoting alcando
I find it a bit strange that we have not seen the Tiger Hunter bloke on here screaming
\"I predict 1000 pips down from 1.52 ... follow the news!\" today?
What's with the huge font bro?
It's kind of irritating to see....
  • #94,773
  • Oct 29, 2008 3:49pm Oct 29, 2008 3:49pm
Gaga I know Bru. When you look back on Tiger Hunter's posts you will understand... Loud hey!
Ride the Bulls bearback!
  • #94,774
  • Oct 29, 2008 4:03pm Oct 29, 2008 4:03pm
I think he was frightened off by the negative comments last time.
To be honest, large font or not, I would still prefer to hear what he has to say. Even if he does copy and paste.
Look back at his posts- he was nearly always right.
So if you're reading this tiger hunter- I will listen to what you have to say.
  • #94,775
  • Oct 29, 2008 4:18pm Oct 29, 2008 4:18pm
Quoting nAVIN2007
i wont trade that scenero thou...i need crack for that

if 1.7122 is crossed then it could happen .....lets see

notice the broadening triangle and how each high gets higher and each low gets lower
The pound is looking to slide down this triangle formation. The sellers is looking to push to the next monthly low. And we are coming into the latter part of the year. But after this significant drop in the monthly, we shall see a retracement approximately to ma20. And the rsi is screaming for a retrace. So you can catch an up and down ride if you watch the market.
A. Finesse Williams Making Millions One Pip At A Time!
  • #94,776
  • Oct 29, 2008 4:58pm Oct 29, 2008 4:58pm
Quoting spintrader
I think he was frightened off by the negative comments last time.
To be honest, large font or not, I would still prefer to hear what he has to say. Even if he does copy and paste.
Look back at his posts- he was nearly always right.
So if you're reading this tiger hunter- I will listen to what you have to say.

and his entries were very good maybe the font size being so big is because he thinks we are blind
  • #94,777
  • Oct 29, 2008 4:59pm Oct 29, 2008 4:59pm
US stocks rallied as a surge in commercial paper sales signaled the Federal Reserve may be succeeding in unlocking credit markets.

The Fed cut its benchmark interest rate a 50-basis point to 1.00% today.

The Standard & Poor’s 500 index gained 91.56 points, or 11%, to 940.48 after sliding to the lowest level since March 2003 yesterday.
  • #94,778
  • Oct 29, 2008 5:10pm Oct 29, 2008 5:10pm
[FONT='Bookman Old Style','serif'][FONT='Bookman Old Style','serif']The U.S. dollar weakened today on a modest easing in risk aversion as investors grew comfortable paring holdings of the currency given a rise in stock prices around the world. The dollar and particularly the yen dropped yesterday as risk appetite returned and international equities gained.[/font]
[/font]
  • #94,779
  • Oct 29, 2008 5:11pm Oct 29, 2008 5:11pm
The U.S. dollar weakened today on a modest easing in risk aversion as investors grew comfortable paring holdings of the currency given a rise in stock prices around the world. The dollar and particularly the yen dropped yesterday as risk appetite returned and international equities gained.
  • #94,780
  • Oct 29, 2008 5:32pm Oct 29, 2008 5:32pm
I closed a long at 1.61. Have to sleep some time! Was there any news that got it close to 1.6450? Or was it the expectation of the fed cut?
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