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Cable Update (GBPUSD)

  • #98,681
  • Nov 17, 2008 5:45am Nov 17, 2008 5:45am
Quoting micho
i'd be careful with the yen
this thing is weird
its like a girl... i never got to understand it
when the dollar is weak the yen is weaker
when the dollar is strong the yen is stronger
now u say its in recession so its really
  • #98,682
  • Nov 17, 2008 5:48am Nov 17, 2008 5:48am
Quoting Drake
no really look at the charts and movements with the yen last month
its opposite to all other currencies against the dollar
When life gives you lemons, make lemonade
  • #98,683
  • Nov 17, 2008 5:49am Nov 17, 2008 5:49am
cable in complete confusion until this hourly close
When life gives you lemons, make lemonade
  • #98,684
  • Nov 17, 2008 5:50am Nov 17, 2008 5:50am
Does anybody have an idea on where the GU will go in the next week or two? Do you think the GBP will go up?
Probability Professor
  • #98,685
  • Nov 17, 2008 5:51am Nov 17, 2008 5:51am
Quoting micho
yep thats why i close my short +16
Ok i don't understand.Why ypo closed short.because of Japan or daily bulish possible divergance.And what link do you see in Japan GBPUSD if you close because of that.
  • #98,686
  • Nov 17, 2008 5:56am Nov 17, 2008 5:56am
Quoting "expert"
Ok i don't understand.Why ypo closed short.because of Japan or daily bulish possible divergance.And what link do you see in Japan GBPUSD if you close because of that.
no i closed it cause of bullish divergence and resistance....
nothing to do with japan... but u said japan on recession so i told u my opinion about yen
When life gives you lemons, make lemonade
  • #98,687
  • Nov 17, 2008 5:57am Nov 17, 2008 5:57am
Quoting Galation
Does anybody have an idea on where the GU will go in the next week or two? Do you think the GBP will go up?
well in my mind only 2 possible ways, up or down :nerd:
When life gives you lemons, make lemonade
  • #98,688
  • Nov 17, 2008 6:01am Nov 17, 2008 6:01am
Quoting micho
well in my mind only 2 possible ways, up or down :nerd:
Good one.

i am looking on daily to about 5 ema.Then maybe more down if i can trust momentum.But this daily divergance is ...

If she plays out more up.%600 as final but just MAYBE for now
  • #98,689
  • Nov 17, 2008 6:03am Nov 17, 2008 6:03am
Quoting "expert"
Good one.

i am looking on daily to about 5 ema.Then maybe more down if i can trust momentum.But this daily divergance is ...

If she plays out more up.%600 as final but just MAYBE for now
maybe...

if it wants to go down... i guess we should see a double top around 1.495x or6x at least or blast towards the 1.5x
When life gives you lemons, make lemonade
  • #98,690
  • Nov 17, 2008 6:04am Nov 17, 2008 6:04am
i dunno everything is just possible now with this doji close on the hourly, waiting for the next hourly candle
When life gives you lemons, make lemonade
  • #98,691
  • Nov 17, 2008 6:45am Nov 17, 2008 6:45am
So silence.

I am still long.Targeting daily 5 ema for now.This 4950 area is strong resistance,so if someone thiks this is going down this is place for short.Small risk.No eed for big SL.

But today i am long for now.

Eohater.What your 62 ema saying.How do you trade on this levels?Any thinking?
  • #98,692
  • Nov 17, 2008 6:47am Nov 17, 2008 6:47am
i think the upsurge is running out of steam, might come down now
  • #98,693
  • Nov 17, 2008 6:48am Nov 17, 2008 6:48am
If it breaks 4950 it could head for the sky.

I guess we will see.
  • #98,694
  • Nov 17, 2008 6:50am Nov 17, 2008 6:50am
im confused...
When life gives you lemons, make lemonade
  • #98,695
  • Nov 17, 2008 6:51am Nov 17, 2008 6:51am
Quoting vorschlag
The next time she puts down her pants to pee on your stoploss, inlay into her from behind.
  • #98,696
  • Nov 17, 2008 6:53am Nov 17, 2008 6:53am
Quoting Niandra_lade
If it breaks 4950 it could head for the sky.

I guess we will see.
if the sky means 1.50x yeah maybe otherwise i dont think its a sky
When life gives you lemons, make lemonade
  • #98,697
  • Nov 17, 2008 6:53am Nov 17, 2008 6:53am
Quoting micho
im confused...
Join the club!
  • #98,698
  • Nov 17, 2008 6:54am Nov 17, 2008 6:54am
Quoting PipLand
i think the upsurge is running out of steam, might come down now
yap.MACD is negative but still all other indis are positive so i am still long.

When parabolic change position on 15 minimum i will maybe change side.If 1 hr new candle parabolic goes bearish then short most likly.Untill then long.

And yes soon this will go down but when..

As i see stock in US are in red today so...
  • #98,699
  • Nov 17, 2008 6:56am Nov 17, 2008 6:56am
i shorted already 1.4920
  • #98,700
  • Nov 17, 2008 7:07am Nov 17, 2008 7:07am
I ma long below that4920.

still holding that position.if we break 15 gann on up will add more longs
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