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Cable Update (GBPUSD)

  • #115,621
  • Jan 28, 2009 3:52am Jan 28, 2009 3:52am
Quoting Jigsaw
Wow strong ordering me around lol ?

Here you go, 1.435 for me is the point of first resistance, ie I will be looking out for prices reaction around this level. Resistance increases as we go northwards towards the 45. (Just my way of doing things, Im not saying im a forex guru or anything)

1.44 is a good level . . 1.45 an even better level. Whatever your preference is, it could blast up through 1.435 , 1.44 . . Who knows ? I certainly Don't
i think yur target is spot on i missed that slightly...1.44 is a bit ambitious .. good work bro
  • #115,622
  • Jan 28, 2009 4:11am Jan 28, 2009 4:11am
Quoting 13thheaven
did anyone spotted the bearish divergence on the 15 mins chart? or only me?
thx
Ive noticed this for a while and also on the 1hr. Im considering the if a H&S is developing
  • #115,623
  • Jan 28, 2009 4:22am Jan 28, 2009 4:22am
Quoting PipLand
Ive noticed this for a while and also on the 1hr. Im considering the if a H&S is developing

don't like this H&S
i wake today too late and opened my long in very very bad place
  • #115,624
  • Jan 28, 2009 4:27am Jan 28, 2009 4:27am
Quoting fifo
don't like this H&S
i wake today too late and opened my long in very very bad place
It might not be, it looks valid for now though
  • #115,625
  • Edited 4:46am Jan 28, 2009 4:31am | Edited 4:46am
Quoting nAVIN2007
1.44 is a bit ambitious ..
Ooooo Nav ! you are making me all jittery and lol

Im still not convinced of any movement short . . Actually I just put on a small long and took half off at 1:1 and Im just going to leave it on ala DIBS. Im working on becoming more aggressive,

I am going to be the next RaczekFX ! ! ! ! ! . . . ()

1.42 for support anyway . . Im DEFINATELY outta here now, charts giving me a headache lol


And to laromanell, heres a chart better explaining what I meant earlier.

I am not claiming to be great or anything (far from it) just giving you something to think about bro

Try practising trading on the daily and 4HR , your trading WILL improve ! (mine certainly did lol)

Godspeed to you,
Jigsaw

EDIT : Quoted the wrong person
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  • #115,626
  • Jan 28, 2009 4:36am Jan 28, 2009 4:36am
i see no reason for this to not go up accept for this trendline..(blue one) im still trying to find a place for them in my trading stradegy..if i can

it will be interesting to see if it hinders price to move up
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  • #115,627
  • Jan 28, 2009 4:39am Jan 28, 2009 4:39am
Quoting Jigsaw
Ooooo Nav ! you are making me all jittery and lol

Im still not convinced of any movement short . . Actually I just put on a small long and took half off at 1:1 and Im just going to leave it on ala DIBS. Im working on becoming more aggressive,

I am going to be the next RaczekFX ! ! !...
Thats fair enuff.

My view is we will go down to 4120 - 4160 area, then back upto to 4240 ish then down down down. This could take the whole rest of the week to play out though.

I could be completly wrong of course and we go straight to 1.46 but lets see
  • #115,628
  • Jan 28, 2009 4:40am Jan 28, 2009 4:40am
  •  Trader#AD7A
  • | Status: Unregistered Trader
Good morning, evening all...

woke up a bit late... missed the exit. anyone still in favor of a long here up to 1.4340?

foggy headed as i am this AM, would appreciate any input...
  • #115,629
  • Jan 28, 2009 4:43am Jan 28, 2009 4:43am
Quoting Jigsaw
Ooooo Nav ! you are making me all jittery and lol

Im still not convinced of any movement short . . Actually I just put on a small long and took half off at 1:1 and Im just going to leave it on ala DIBS. Im working on becoming more aggressive,

I am going to be the next RaczekFX ! ! ! ! ! . . . ()

1.42 for support anyway . . Im DEFINATELY outta here now, charts giving me a headache lol


And to laromanell, [color=red]heres a chart better explaining what I meant earlier....

Hi there, on your chart you say the bar is in traffic,please help on how you determine the traffic?
  • #115,630
  • Jan 28, 2009 4:43am Jan 28, 2009 4:43am
pa is getting real ugly... looking to see if h4 candle holds up.... may play this range all day till fomc
DireXiv Make it happen, no one else is going to do it for you...
  • #115,631
  • Jan 28, 2009 4:44am Jan 28, 2009 4:44am
  •  Trader#AD7A
  • | Status: Unregistered Trader
noticed in the chat yesterday, the GB may drop down. Question to u guru's out there...

If the GB drops, and the EU becomes of equal or larger value, how will that effect the USD? will the EU become the choice of currency over the USD in oil, etc, in Asia and Mid East...

thanks
  • #115,632
  • Jan 28, 2009 4:45am Jan 28, 2009 4:45am
Quoting PipLand
Thats fair enuff.

My view is we will go down to 4120 - 4160 area, then back upto to 4240 ish then down down down. This could take the whole rest of the week to play out though.

I could be completly wrong of course and we go straight to 1.46 but lets see
Damn, sorry I didn't mean to quote you at all in my last post. I meant to quote Navin lol , I only saw it now

Apologies bro, no malice intended
  • #115,633
  • Jan 28, 2009 4:47am Jan 28, 2009 4:47am
Quoting Jigsaw
Ooooo Nav ! you are making me all jittery and lol

Im still not convinced of any movement short . . Actually I just put on a small long and took half off at 1:1 and Im just going to leave it on ala DIBS. Im working on becoming more aggressive,

I am going to be the next RaczekFX ! ! ! ! ! . . . ()

1.42 for support anyway . . Im DEFINATELY outta here now, charts giving me a headache lol


And to laromanell, [color=red]heres a chart better explaining what I meant earlier....
Thanks for the advise
green pips to you!
  • #115,634
  • Jan 28, 2009 4:49am Jan 28, 2009 4:49am
Quoting Jigsaw
Damn, sorry I didn't mean to quote you at all in my last post. I meant to quote Navin lol , I only saw it now

Apologies bro, no malice intended
lol No problem at all, I didnt think you were being malicious
  • #115,635
  • Jan 28, 2009 5:01am Jan 28, 2009 5:01am
My view over 4h is a pitchork that stand since october 2007, and we are already over that trendline, aiming 1.4415 witch is 1.618 of last 4h move...

i can be wrong, for now we have more a H&S on 15.... nothing new

Hope it helps!
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  • #115,636
  • Jan 28, 2009 5:18am Jan 28, 2009 5:18am
I'm long from 4230, huh I'm late to wake up.. now stack in SELLER and BUYER!
flat... or war just begining?
  • #115,637
  • Jan 28, 2009 5:21am Jan 28, 2009 5:21am
cya at usd news later all
  • #115,638
  • Jan 28, 2009 5:37am Jan 28, 2009 5:37am
Quoting biax
thank brotha, You are my Master

I remember about you when all of my money lost in this business..(1st post 5 week ago) you support me to Learning...
Sorry too late for reply ! Btw looks like you are already more master than me ! Trade well bro ! My bias still long currently, don't know next few hours !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #115,639
  • Jan 28, 2009 6:45am Jan 28, 2009 6:45am
still going strong +300 pips
Twitter: @forexpokerpro
  • #115,640
  • Jan 28, 2009 6:57am Jan 28, 2009 6:57am
Quoting eohater
the more I look at it, I'm thinking high 4300 area to 444x
I'm still on target for this to be reached. Expecting a pullback to around 425x area for new soldiers to be added. We break 444x, next stop will be 489x
Just digging in the trenches like everyone else!
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