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Cable Update (GBPUSD)

  • #114,721
  • Jan 24, 2009 3:36pm Jan 24, 2009 3:36pm
current price of 3586 per xe.com
Just digging in the trenches like everyone else!
  • #114,722
  • Jan 24, 2009 6:15pm Jan 24, 2009 6:15pm
Quoting eohater
current price of 3586 per xe.com
Uh, link? Banks are closed on weekends, so whatever you see as "live" rates is bogus anyway.
  • #114,723
  • Jan 24, 2009 7:16pm Jan 24, 2009 7:16pm
Quoting Subdude
Uh, link? Banks are closed on weekends, so whatever you see as "live" rates is bogus anyway.
I like such qoutes 1. 3586
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  • #114,724
  • Jan 25, 2009 3:50am Jan 25, 2009 3:50am
Dears

Can u plz share me your openions about next move

I think we will go up to test the lower band of the down channel of the 4H chart after breaking it,,,and this will be around 1.4240 : 1.4260 Area

So the perfect position from my openion is waiting to short from there,,,,1.4250 Or Max the past support at 1.4350: 14370,,,I think this range will not be borken any way,,,,and we will go down for 1.30XX area

What is your openion?
  • #114,725
  • Jan 25, 2009 4:05am Jan 25, 2009 4:05am
Quoting mohfaid
Dears

Can u plz share me your openions about next move

I think we will go up to test the lower band of the down channel of the 4H chart after breaking it,,,and this will be around 1.4240 : 1.4260 Area

So the perfect position from my openion is waiting to short from there,,,,1.4250 Or Max the past support at 1.4350: 14370,,,I think this range will not be borken any way,,,,and we will go down for 1.30XX area

What is your openion?
I already down from Friday night, and I don't need any up moves anymore
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  • #114,726
  • Jan 25, 2009 6:39am Jan 25, 2009 6:39am
Dears

I want to share with u my plan for the next week

I expect a return to 1.3670 :1.3690 range, and I will buy from there and close this on 1.4240 ,,,,

And will short from 1.4230 : 1.4250 range with an open target ,,may be 1.30XX


What do u see?
  • #114,727
  • Jan 25, 2009 7:38am Jan 25, 2009 7:38am
I think there is heavy resistance at 1.4020 level, minor at 1.3920. Also next level after this around 1.4350.
Also you say expect a return to 1.3670 area, but we cant be sure that price has fallen yet. I think it best to wait till we open sunday.
My bias is still short with target of 1.3390 - 1.3350 first.
  • #114,728
  • Jan 25, 2009 8:38am Jan 25, 2009 8:38am
Quoting fry2010
I think there is heavy resistance at 1.4020 level, minor at 1.3920. Also next level after this around 1.4350.
Also you say expect a return to 1.3670 area, but we cant be sure that price has fallen yet. I think it best to wait till we open sunday.
My bias is still short with target of 1.3390 - 1.3350 first.
I have marked all these lines on my chart and will be watching it when market resumes
  • #114,729
  • Jan 25, 2009 9:36am Jan 25, 2009 9:36am
Quoting Subdude
Uh, link? Banks are closed on weekends, so whatever you see as "live" rates is bogus anyway.
retail trading is down on the weekends, but the market is never down.
Just digging in the trenches like everyone else!
  • #114,730
  • Jan 25, 2009 10:06am Jan 25, 2009 10:06am
Quoting Forbes55
I already down from Friday night, and I don't need any up moves anymore
ride the waves bro..infinity also told you to trade what you see..eo also did said about protecting our soldiers..forex is like an open sea..+2pips is better than -200pips..
  • #114,731
  • Jan 25, 2009 10:09am Jan 25, 2009 10:09am
Quoting Subdude
Uh, link? Banks are closed on weekends, so whatever you see as "live" rates is bogus anyway.
yeah..banks do closed on weekends..but the ATM machine still works duwh..haha..
  • #114,732
  • Jan 25, 2009 12:08pm Jan 25, 2009 12:08pm
1.3791 at the moment.
Probability Professor
  • #114,733
  • Jan 25, 2009 12:32pm Jan 25, 2009 12:32pm
Quoting Galation
1.3791 at the moment.
?
xe.com: 1.35861
forex-markets.com: 1.3805
  • #114,734
  • Jan 25, 2009 12:36pm Jan 25, 2009 12:36pm
Support at 3500
Resistance at 4025

3723 area is most significant to me at this time because it been used as S and R recently.

Looking to trade off these levels.
  • #114,735
  • Jan 25, 2009 12:42pm Jan 25, 2009 12:42pm
Quoting Galation
1.3791 at the moment.
that's not yet real price, it's bad price
waiting for down 100 pips gap
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  • #114,736
  • Jan 25, 2009 12:44pm Jan 25, 2009 12:44pm
I think all these quotes being quoted show that you cant rely on weekend quotes.
  • #114,737
  • Jan 25, 2009 12:44pm Jan 25, 2009 12:44pm
Quoting Forbes55
that's not yet real price, it's bad price
waiting for down 100 pips gap
you will wait for that......GAP UP!!

  • #114,738
  • Jan 25, 2009 12:47pm Jan 25, 2009 12:47pm
Quoting AmeriTrini
you will wait for that......GAP UP!!

no
will be down soon like in Saturday
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  • #114,739
  • Jan 25, 2009 1:00pm Jan 25, 2009 1:00pm
Quoting Forbes55
no
will be down soon like in Saturday

I hope you don't have money on it.
  • #114,740
  • Jan 25, 2009 1:13pm Jan 25, 2009 1:13pm
sure I did
and now process begin to correct downfall 1.3792
and i need 1.3645 like in Saturday afternoon
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