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Cable Update (GBPUSD)

  • #112,841
  • Jan 19, 2009 7:03pm Jan 19, 2009 7:03pm
Quoting Infinity
0.0000

LOL
  • #112,842
  • Jan 19, 2009 7:04pm Jan 19, 2009 7:04pm
Cable buy entry limit @ 1.4031.
Attached Image (click to enlarge)
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  • #112,843
  • Jan 19, 2009 7:04pm Jan 19, 2009 7:04pm
Quoting Bullfx
Long G/U at 1.4280
you lacked 15 minutes of patience. Could have got better price if you just waited for the four hour to close
  • #112,844
  • Jan 19, 2009 7:04pm Jan 19, 2009 7:04pm
Quoting Infinity
0.0000
if only
  • #112,845
  • Jan 19, 2009 7:05pm Jan 19, 2009 7:05pm
Found support on the monthly at 4100 on 2/2002
  • #112,846
  • Jan 19, 2009 7:08pm Jan 19, 2009 7:08pm
Quoting KissFan
Cable buy entry limit @ 1.4031.
Patience + Discipline - Greed = Success
  • #112,847
  • Jan 19, 2009 7:11pm Jan 19, 2009 7:11pm
Quoting Infinity
Whatever you want to call it... looks like we are going to 1.3700 to 1.4000
yes for sure it is, no doubt.
  • #112,848
  • Jan 19, 2009 7:12pm Jan 19, 2009 7:12pm
Next stop 1.4117 weekly support 2
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  • #112,849
  • Jan 19, 2009 7:17pm Jan 19, 2009 7:17pm
Quoting Bullfx
Long G/U at 1.4260
hey Bullfx - nice to see your bullish move !

you are not normally wrong - i have noticed that the last 4 years

I have gone long euro as the spread is smaller
  • #112,850
  • Jan 19, 2009 7:19pm Jan 19, 2009 7:19pm
Quoting jay9170
yes for sure it is, no doubt.
always there is doubt
never there is certainty

gbp can be dragged around by the euro
  • #112,851
  • Jan 19, 2009 7:23pm Jan 19, 2009 7:23pm
This is not done falling... Seems we are going to break out of the wedge.. price action is very clear.. Better buys will be lower down imo...
Patience + Discipline - Greed = Success
  • #112,852
  • Jan 19, 2009 7:24pm Jan 19, 2009 7:24pm
Quoting allserene
always there is doubt
never there is certainty

gbp can be dragged around by the euro
Precisely
Patience + Discipline - Greed = Success
  • #112,853
  • Jan 19, 2009 7:25pm Jan 19, 2009 7:25pm
Quoting Infinity
This is not done falling... Seems we are going to break out of the wedge.. price action is very clear.. Better buys will be lower down imo...
I was thinking 1.4250, but now I'm having second thoughts.
Hi, my name is Barry and you can keep your doctor...
  • #112,854
  • Jan 19, 2009 7:25pm Jan 19, 2009 7:25pm
Huh....a 600++ pips drop.
Miss most of it.
  • #112,855
  • Jan 19, 2009 7:25pm Jan 19, 2009 7:25pm
any thoughts on why all these big moves ? must be dollar related as euro is performing same as cable

so its isnt UK news driven
  • #112,856
  • Jan 19, 2009 7:26pm Jan 19, 2009 7:26pm
Quoting allserene
always there is doubt
never there is certainty

gbp can be dragged around by the euro
I am certain that there is doubt.
  • #112,857
  • Jan 19, 2009 7:26pm Jan 19, 2009 7:26pm
Quoting Infinity
This is not done falling... Seems we are going to break out of the wedge.. price action is very clear.. Better buys will be lower down imo...
I like to buy stuff that goes up and short stuff that goes down.. Need an up-trend for longs. Not finding much up-trend in Cable.
Neal "FibMaster" Hughes.
  • #112,858
  • Jan 19, 2009 7:27pm Jan 19, 2009 7:27pm
Quoting cisco
I was thinking 1.4250, but now I'm having second thoughts.
We may retrace a bit... but there is no buying interest in sight yet.
Patience + Discipline - Greed = Success
  • #112,859
  • Jan 19, 2009 7:28pm Jan 19, 2009 7:28pm
Quoting KissFan
I am certain that there is doubt.
Now that's a certainty!
Patience + Discipline - Greed = Success
  • #112,860
  • Jan 19, 2009 7:31pm Jan 19, 2009 7:31pm
Quoting allserene
any thoughts on why all these big moves ? must be dollar related as euro is performing same as cable

so its isnt UK news driven
2nd Bank abilout in Great Britain, Oil Slides further. Look for dollar to slide in Feb as US Gov't prints a forest worth of paper to finance HUGE stimulus. Just MHO.
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