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Cable Update (GBPUSD)

  • #108,641
  • Dec 27, 2008 3:29pm Dec 27, 2008 3:29pm
Quoting Bullfx
As I see on www.netdania.com chart and also zoom in Clicking on your nAVIN 4h chart and I see the recent 10 candlesticks all below 1.48. it means within last 40 hours, there was No price above 1.48 .
And also I see the price now at 1.457 on your chart
As I predicted this week 1.44xx, but due to very Thin volume and many closed hours, even though it was still able to weakly fall to 1.45xx . I would be very regretful I didn't catch the high price someone here saw so that I could sell.
[color=blue][b]Now...
Parity with the Euro is very close. Especially due to the weakness of the pound.
  • #108,642
  • Dec 28, 2008 6:05am Dec 28, 2008 6:05am
Price now 1.4759.. It looks like the cable is running wild all around the charts like a corrida bull
  • #108,643
  • Dec 28, 2008 6:41am Dec 28, 2008 6:41am
Quoting lionn77
Price now 1.4759.. It looks like the cable is running wild all around the charts like a corrida bull
4759 ???
Where you get that price ???
I have 4552 at http://www.forex-markets.com/quotes.htm
  • #108,644
  • Dec 28, 2008 6:54am Dec 28, 2008 6:54am
Hi...wha Is These Prices 1.4552 And 1.4752??!!
Is Closed At 1.4652...
what you get in the wind goes through the storms
  • #108,645
  • Dec 28, 2008 7:46am Dec 28, 2008 7:46am
xe.com
It has been very reliable so far at weekends.
  • #108,646
  • Dec 28, 2008 8:25am Dec 28, 2008 8:25am
  •  brigo
  • | Joined Oct 2008 | Status: the early bird catches the worm | 45 Posts
Quoting i.shawish
Hi...wha Is These Prices 1.4552 And 1.4752??!!
Is Closed At 1.4652...
and I have close at 1.4591 !?!?
  • #108,647
  • Dec 28, 2008 8:32am Dec 28, 2008 8:32am
What is the actual price now ?
I have 1.4552 at http://www.forex-markets.com/quotes.htm
  • #108,648
  • Dec 28, 2008 8:45am Dec 28, 2008 8:45am
i don`t know what is that...but i find from our conservation that we are in 200 pips defferent!!!
what you get in the wind goes through the storms
  • #108,649
  • Dec 28, 2008 9:26am Dec 28, 2008 9:26am
i'm one of the people whom reject to speak out of the subject, but i have to post that check it please...
and forward it to all friend to know what is the reality that we are facing it here....

http://www.barborana.com/from_the_le...ple_to_the.htm
  • #108,650
  • Dec 28, 2008 10:05am Dec 28, 2008 10:05am
Quoting eohater
No, but your charts where down during the Holiday so it wouldn't show the spike.
See chart attached (cable 15 min). This is a clear example of the perils of trading during thin markets.

Did anyone get their stops taken out? Someone scored big, and someone got hurt.

Low liquidity can be very painful. Best to step aside and leave the markets to the gamblers. The best markets are when there is high liquidity, and many emotional traders.
Attached Image (click to enlarge)
Click to Enlarge Name: 081225_gbpusd.png Size: 62 KB
Neal "FibMaster" Hughes.
  • #108,651
  • Dec 28, 2008 10:05am Dec 28, 2008 10:05am
Quoting Abuawad
i'm one of the people whom reject to speak out of the subject, but i have to post that check it please...
and forward it to all friend to know what is the reality that we are facing it here....

http://www.barborana.com/from_the_le...ple_to_the.htm
very sad to see these photo...u know it is depicted that the third world war will depict the closeness of the world and loking at these photos its pretty obvious that what is happening is a world war destruction..

so sad isnt it?
  • #108,652
  • Dec 28, 2008 2:20pm Dec 28, 2008 2:20pm
Quoting FibMaster
See chart attached (cable 15 min). This is a clear example of the perils of trading during thin markets.

Did anyone get their stops taken out? Someone scored big, and someone got hurt.

Low liquidity can be very painful. Best to step aside and leave the markets to the gamblers. The best markets are when there is high liquidity, and many emotional traders.
Thank you for the chart! Myself, I didn't have an open position, but I sure would have loved to put a short on her at the top.

This reconfirms why I will not leave a position open during the weekend or when retail trading is halted.

Another example, we closed on Friday around 4548 I believe some brokers did and others a little higher (all based upon when your broker closes) and we spiked up yesterday to 4759 and now back around 4630 area. Again, I would have loved the short at 4759 because it's right between the 1h 50/62.

I will be looking for the gap up once we open. Key areas will be 4660 area and up to the 1h 50/62 for shorting.
Just digging in the trenches like everyone else!
  • #108,653
  • Dec 28, 2008 2:27pm Dec 28, 2008 2:27pm
Already retraced Fridays last hour drop. At 4660 now.
  • #108,654
  • Dec 28, 2008 2:31pm Dec 28, 2008 2:31pm
Quoting deuce
Already retraced Fridays last hour drop. At 4660 now.
I see that price level to be an area of resistance. Not heavy resistance. I find the higher 1h 50/62 values to be heavier resistance levels.
Just digging in the trenches like everyone else!
  • #108,655
  • Dec 28, 2008 2:35pm Dec 28, 2008 2:35pm
Yes. Previous support of 4660 is now minor resistance. I see stronger resistance at 4800.
  • #108,656
  • Dec 28, 2008 2:37pm Dec 28, 2008 2:37pm
Quoting deuce
Yes. Previous support of 4660 is now minor resistance. I see stronger resistance at 4800.
in deed. my 1h 62 is at 4788 atm
Just digging in the trenches like everyone else!
  • #108,657
  • Dec 28, 2008 2:38pm Dec 28, 2008 2:38pm
My broker closed 2pm Friday @ 4704
  • #108,658
  • Dec 28, 2008 2:40pm Dec 28, 2008 2:40pm
Quoting Shilva
My broker closed 2pm Friday @ 4704
My primary closed at 4548 and my secondary at 4657. there's only an 1h difference on their closing of one another.
Just digging in the trenches like everyone else!
  • #108,659
  • Dec 28, 2008 2:48pm Dec 28, 2008 2:48pm
Current price: 1.4657. saxobank feed.

Prep for gaps on most platform openings.



Quoting eohater
My primary closed at 4548 and my secondary at 4657. there's only an 1h difference on their closing of one another.
DireXiv Make it happen, no one else is going to do it for you...
  • #108,660
  • Dec 28, 2008 2:50pm Dec 28, 2008 2:50pm
Quoting eohater
My primary closed at 4548 and my secondary at 4657. there's only an 1h difference on their closing of one another.
My low for the day was 4660????? Did it go down to 4548 after 2pm EST???
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