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Cable Update (GBPUSD)

  • #116,941
  • Feb 2, 2009 3:07am Feb 2, 2009 3:07am
Quoting popisdead
seems like bouncing nicely..

would love to go LONG from here..

who knows..

pop
be careful about long. if gj break 12650-70,we will tank another 100-200pips
  • #116,942
  • Feb 2, 2009 3:11am Feb 2, 2009 3:11am
Quoting Eclipse
on my chart the 1/30 low is at 1.4185
he states entry at 4210..you dont want to go long on hopes that the direction changes on the exact low point....lead the direction a little..

the actual low point for the day is ~ 4185.. but dont enter long with hopes it turns there..

that is too risky for me..

I am going to wait for 4hr indicator bearish changes..if it occurs and the pound news.

good luck
  • #116,943
  • Feb 2, 2009 3:12am Feb 2, 2009 3:12am
Took a beating on my long overnight, seems sleeping costs money, but have not closed them, just hedged them.

Short now...
  • #116,944
  • Feb 2, 2009 3:12am Feb 2, 2009 3:12am
Quoting moneybookers
be careful about long. if gj break 12650-70,we will tank another 100-200pips
thanks MB..

u r right..atm..im -28



pop
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  • #116,945
  • Feb 2, 2009 3:13am Feb 2, 2009 3:13am
Quoting JammerJams
he states entry at 4210..you dont want to go long on hopes that the direction changes on the exact low point....lead the direction a little..

the actual low point for the day is ~ 4185.. but dont enter long with hopes it turns there..

that is too risky for me..

I am going to wait for 4hr indicator bearish changes..if it occurs and the pound news.

good luck

gud advise..

pop
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  • #116,946
  • Feb 2, 2009 3:16am Feb 2, 2009 3:16am
Quoting popisdead
thanks MB..

u r right..atm..im -28



pop
12650 hold for the moment, waiting for the data.

i favor the down side as stock market is very likely to tank big this week.
  • #116,947
  • Feb 2, 2009 3:19am Feb 2, 2009 3:19am
she;s moving to fast. .. .i guess
  • #116,948
  • Feb 2, 2009 3:19am Feb 2, 2009 3:19am
we can see power koma in this time of course we have seen this high power in the past time
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  • #116,949
  • Feb 2, 2009 3:21am Feb 2, 2009 3:21am
Quoting hussin naiji
we can see power koma in this time of course we have seen this high power in the past time
now we can see abortion for bullish piercing line pattern (weekly)
  • #116,950
  • Feb 2, 2009 3:24am Feb 2, 2009 3:24am
Quoting hussin naiji
now we can see abortion for bullish piercing line pattern (weekly)
do you want see this bull trap ?
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  • #116,951
  • Feb 2, 2009 3:26am Feb 2, 2009 3:26am
look GBP LFX
1.35 or 1.32 is on table !
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  • #116,952
  • Feb 2, 2009 3:27am Feb 2, 2009 3:27am
good bay
  • #116,953
  • Feb 2, 2009 3:30am Feb 2, 2009 3:30am
at now i really like pair usd/chf because it`s moving slowly and looks like that usd will go up there
  • #116,954
  • Feb 2, 2009 3:31am Feb 2, 2009 3:31am
I am looking at a down TL and if there is a break in it..we may see a nice rise.

still in question..
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  • #116,955
  • Feb 2, 2009 3:46am Feb 2, 2009 3:46am
how do we jump on board this fall without getting stuck in a retrace ?!
Was on the road at the crash thru TL ...
  • #116,956
  • Feb 2, 2009 3:50am Feb 2, 2009 3:50am
My chart has the pair in an uptrend @ 1.4268 and leaving out of the uptrend @ 1.4180. I hope i'm reading this correctly.
  • #116,957
  • Feb 2, 2009 3:51am Feb 2, 2009 3:51am
there's a good news for gbp but the reaction is south..... quiet weird
coz it suppose rebound a while before drop
  • #116,958
  • Feb 2, 2009 3:51am Feb 2, 2009 3:51am
i'm jumping in long from here to 1.4650
  • #116,959
  • Feb 2, 2009 3:54am Feb 2, 2009 3:54am
Quoting dashboard
there's a good news for gbp but the reaction is south..... quiet weird
coz it suppose rebound a while before drop

Manufacturers reported some of the weakest conditions ever in January when they cut jobs at a record pace, monthly purchasing managers index data showed on Monday. The headline number rose to 35.8 in January from December's 34.9 -- slightly better than the return to November's record low of 34.5 forecast by economists but still the third-weakest reading in the series' 17-year history.
  • #116,960
  • Feb 2, 2009 3:54am Feb 2, 2009 3:54am
Quoting dashboard
there's a good news for gbp but the reaction is south..... quiet weird
coz it suppose rebound a while before drop
trend dont care about the data,will run it own way.from the bounce you can see more drop.
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