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Cable Update (GBPUSD)

  • #118,641
  • Feb 5, 2009 11:33pm Feb 5, 2009 11:33pm
Here's some food for thought for all you guys new to this and
trading demo accounts - take the time to read

http://www.forexfactory.com/showpost...ostcount=62270
  • #118,642
  • Feb 6, 2009 12:47am Feb 6, 2009 12:47am
its going down to 4590
  • #118,643
  • Feb 6, 2009 12:52am Feb 6, 2009 12:52am
Quoting yahzeex
its going down to 4590
what makes u say that bro?
money is for living
  • #118,644
  • Feb 6, 2009 1:02am Feb 6, 2009 1:02am
Quoting golatigo
Here's some food for thought for all you guys new to this and
trading demo accounts - take the time to read

http://www.forexfactory.com/showpost...ostcount=62270
Very well said
  • #118,645
  • Feb 6, 2009 1:03am Feb 6, 2009 1:03am
Next 4 hours fibs from last move is 88.6 = 1.4813. Then we meat the upper pitchfork line that stand since october 2007!!! 100% = 1.4979 then next top at 1.5372.

If not 1.4423 is the 61.8 then 50 at 1.4252

Hope it helps!
  • #118,646
  • Feb 6, 2009 1:08am Feb 6, 2009 1:08am
time too short?
can broke 4660??
  • #118,647
  • Feb 6, 2009 1:13am Feb 6, 2009 1:13am
by looking at my chart..i reckon that it is going north...
money is for living
  • #118,648
  • Feb 6, 2009 1:16am Feb 6, 2009 1:16am
Quoting sofia101
Very well said

Thank You!
  • #118,649
  • Feb 6, 2009 1:29am Feb 6, 2009 1:29am
Quoting golatigo
Here's some food for thought for all you guys new to this and
trading demo accounts - take the time to read

http://www.forexfactory.com/showpost...ostcount=62270
I agree
  • #118,650
  • Feb 6, 2009 1:31am Feb 6, 2009 1:31am
got some small resistant at 4688..see whether can break that or not...
money is for living
  • #118,651
  • Feb 6, 2009 1:35am Feb 6, 2009 1:35am
London will answer you in 25 min!

http://www.greatmovietour.co.uk/reso...ppins-mv03.jpg
  • #118,652
  • Feb 6, 2009 1:40am Feb 6, 2009 1:40am
lol
money is for living
  • #118,653
  • Feb 6, 2009 1:50am Feb 6, 2009 1:50am
can anyone give some opinion where the h*ll this cable will go?for me..1.4688 is not valid anymore...will be looking to 4768...can it go there?....only time will tell....
money is for living
  • #118,654
  • Feb 6, 2009 1:51am Feb 6, 2009 1:51am
well got stopped out with 20 pips in the bag from yesterday nite's entry.
gonna stay out till us session. Happy trading guys.
Thank You
  • #118,655
  • Feb 6, 2009 1:51am Feb 6, 2009 1:51am
Some big moves this morning, is this because Manu Prod and PPI news shortly?
  • #118,656
  • Feb 6, 2009 1:54am Feb 6, 2009 1:54am
Quoting RichyF
Some big moves this morning, is this because Manu Prod and PPI news shortly?
I am waiting for her to come up to 1.4750 and then I'll start shorting heavily.
  • #118,657
  • Feb 6, 2009 2:01am Feb 6, 2009 2:01am
I expected her to break this RL much easier, seems like she will be stuck there for a while.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 58 KB
  • #118,658
  • Feb 6, 2009 2:03am Feb 6, 2009 2:03am
Quoting laromanell
I am waiting for her to come up to 1.4750 and then I'll start shorting heavily.
boss..if u dont mind..can u tell me,why u choose 4750 to short?
money is for living
  • #118,659
  • Feb 6, 2009 2:03am Feb 6, 2009 2:03am
Quoting golatigo
here's a four hour chart - what does it tell you
i drew the blue line yesterday - fyi
does this look familer?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-usd-4hr-5-5-09.jpg Size: 142 KB
  • #118,660
  • Feb 6, 2009 2:08am Feb 6, 2009 2:08am
to me..for short term...bear doesnt look so strong..its like bull is still in control....but we'll see...
money is for living
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