Newbie to this forum but not trading
Cable Update (GBPUSD)
- #119,004
- Feb 6, 2009 8:43pm Feb 6, 2009 8:43pm
- | Commercial User | Joined Feb 2008 | 1,440 Posts
.
Joking!--------------------
Keep on! I hope the channel will hold, only next week will tell.
take care!
- #119,007
- Feb 6, 2009 11:04pm Feb 6, 2009 11:04pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #119,008
- Feb 6, 2009 11:04pm Feb 6, 2009 11:04pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Is there an Expert Adviser for that?!
Hehe!
Here is mine:
http://www.lookatbowen.com/wp-conten...ey-printer.jpg
Just digging in the trenches like everyone else!
- #119,010
- Feb 6, 2009 11:11pm Feb 6, 2009 11:11pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Have we found the top yet - side by side bear bull candles on the weekly - be interesting to see if trend lines stay intact next week
Just digging in the trenches like everyone else!
- #119,011
- Feb 6, 2009 11:13pm Feb 6, 2009 11:13pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #119,012
- Feb 6, 2009 11:49pm Feb 6, 2009 11:49pm
- | Commercial User | Joined Feb 2008 | 1,440 Posts
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!
I been preatty right about friday move but its only a lucky shot!
Personnaly I still think that daily pitchfork will hold and then we'll start a new down trend til... i dunno, stoping by 1.4695, 1.4560, 1.4339....
My crystal ball is cloudy today, so we'll see!
------------------
eo-----------
Here's me, making a whitdraw: Hehe!
http://www.smh.com.au/ffximage/2008/..._300x450,0.jpg
- #119,013
- Edited 3:37am Feb 7, 2009 3:25am | Edited 3:37am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
I have no idea how we will open on Sunday,but there is no short signal on my daily chart at all.
The trend line is weak,the ma is respected,the rising trend is healthy.
The trend line is weak,the ma is respected,the rising trend is healthy.
.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #119,014
- Feb 7, 2009 4:02am Feb 7, 2009 4:02am
- | Joined Oct 2008 | Status: Trader | 1,035 Posts
ROBOT FOREX
- #119,015
- Feb 7, 2009 4:19am Feb 7, 2009 4:19am
- | Joined Oct 2008 | Status: Trader | 1,035 Posts
Next week will be interesting. I'm still holding my bearish view.
ROBOT FOREX
- #119,016
- Feb 7, 2009 7:21am Feb 7, 2009 7:21am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I have no idea how we will open on Sunday,but there is no short signal on my daily chart at all.
The trend line is weak,the ma is respected,the rising trend is healthy.
- #119,017
- Feb 7, 2009 7:24am Feb 7, 2009 7:24am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I have no idea how we will open on Sunday,but there is no short signal on my daily chart at all.
The trend line is weak,the ma is respected,the rising trend is healthy.
its the gap down which is the only bearish signal it appears on the other hand i think the fact that BOE have cut the rates so quickly and frequently is an indication that UK will do all it can not to fall deep into recession and the market movement appear to take this a sign of confidence....
possibily????
- #119,020
- Feb 7, 2009 11:18am Feb 7, 2009 11:18am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Well I was thinking that as the rate cuts feed through, money is being pumped into the economy at a huge rate.
The perception of property as an investment in the UK is very strong ,the last few generations have done very well out of property and quite frankly there is no where near enough of it to go round
I know people whose mortgage has already halved or more. It is easily seen with the latest retail sales and house prices etc, people are spending again
If my mortgage was 1% my mortgage would be ridiculously cheap (on 5% at mo)and my mortgage is intrest only and by far the my largest outlay.
I wont let that veiw cloud my judgement tho if it turns bearish ,
maybe its the $ that will drive up Cable?as it looks like it will fall further to me.
The perception of property as an investment in the UK is very strong ,the last few generations have done very well out of property and quite frankly there is no where near enough of it to go round
I know people whose mortgage has already halved or more. It is easily seen with the latest retail sales and house prices etc, people are spending again
If my mortgage was 1% my mortgage would be ridiculously cheap (on 5% at mo)and my mortgage is intrest only and by far the my largest outlay.
I wont let that veiw cloud my judgement tho if it turns bearish ,
maybe its the $ that will drive up Cable?as it looks like it will fall further to me.
good perceptive as usaul bro...
its the gap down which is the only bearish signal it appears on the other hand i think the fact that BOE have cut the rates so quickly and frequently is an indication that UK will do all it can not to fall deep into recession and the market movement appear to take this a sign of confidence....
On-site guru & also FF member's' psychiatrist, when not drinking tea