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Cable Update (GBPUSD)

  • #120,781
  • Feb 16, 2009 11:07pm Feb 16, 2009 11:07pm
After it touches down to lower level as yesterday, it is going to be bullish. Take note of todays news : For GBP - CPI and US session - TIC
  • #120,782
  • Feb 16, 2009 11:10pm Feb 16, 2009 11:10pm
Abuawad "indicators" data files
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File Type: txt abuawad_data.txt   < 1 KB | 243 downloads
File Type: txt abuawad_h4.txt   < 1 KB | 237 downloads
  • #120,783
  • Feb 16, 2009 11:10pm Feb 16, 2009 11:10pm
Quoting JammerJams
Sofia..since you use targets as Jack does..I read that you seem to think Jacks is different from yours.

yours is around 4060 level..correct

how much different...
1.4088
  • #120,784
  • Feb 16, 2009 11:14pm Feb 16, 2009 11:14pm
Quoting dstryr
Gotta break 4168 first.
why? there is no rule carved in stone anywhere mate. take it as you see it. there is no "must".
good luck to you ... & me
Thank You
  • #120,785
  • Feb 16, 2009 11:14pm Feb 16, 2009 11:14pm
Quoting Myman
After it touches down to lower level as yesterday, it is going to be bullish. Take note of todays news : For GBP - CPI and US session - TIC
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
  • #120,786
  • Feb 16, 2009 11:15pm Feb 16, 2009 11:15pm
Quoting wormboy
why? there is no rule carved in stone anywhere mate. take it as you see it. there is no "must".
good luck to you ... & me
True you both can make money
  • #120,787
  • Feb 16, 2009 11:17pm Feb 16, 2009 11:17pm
Quoting JammerJams
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
Good news don't work on bearish market
  • #120,788
  • Feb 16, 2009 11:18pm Feb 16, 2009 11:18pm
Quoting JammerJams
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
Slight correction ... I am not long here. Although 4190 is a pivot, there is support in the 4160 area and in my experience with pivots, the pivot is ignored and the resistance/support is where to look for a trade.

I will only be bullish longer term is we can't break below 1.4000 and if we break above 1.4600 .. For now, I roll with the bears.

So, the 4190/60 area is a place to look to go long only if price tells you you should. Otherwise, we play a break lower.
  • #120,789
  • Feb 16, 2009 11:22pm Feb 16, 2009 11:22pm
I would prefer a long from 1.4020/50 or a short on a break. Its a win win if you let price first show you which way to go.
  • #120,790
  • Feb 16, 2009 11:24pm Feb 16, 2009 11:24pm
Quoting jack.canadia
I would prefer a long from 1.4020/50 or a short on a break. Its a win win if you let price first show you which way to go.
Now you are talking
  • #120,791
  • Feb 16, 2009 11:25pm Feb 16, 2009 11:25pm
here she comes. moving the stops to be.
Thank You
  • #120,792
  • Feb 16, 2009 11:26pm Feb 16, 2009 11:26pm
Quoting JammerJams
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
Not yet JammerJams. If you look at Chart 30 min at 15 min... it is still downtrend. Give another 15min or 30 min to go for long. For myself ... I'm buying at yesterday lower level and another long at 1.4080 and 1.4030
  • #120,793
  • Feb 16, 2009 11:28pm Feb 16, 2009 11:28pm
Took 40 of that from 4190! Too uncertain for me because if it bounces, it may be a hard one.
  • #120,794
  • Feb 16, 2009 11:29pm Feb 16, 2009 11:29pm
Quoting wormboy
here she comes. moving the stops to be.
Good Job bro, hold your short looks like it is the longest M15 bearish candle from yesterday !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,795
  • Feb 16, 2009 11:29pm Feb 16, 2009 11:29pm
Quoting sofia101
Now you are talking
Oh I never said your levels were wrong, it's just whenever I heard 'pivot', I assume classical pivot points. My mistake.

I will probably miss that entry though since I will be in bed
  • #120,796
  • Feb 16, 2009 11:36pm Feb 16, 2009 11:36pm
Did some of you catched that beauty?!?
Been in from 06 and 89 out at 33.
Sometimes i LOVE FX...

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In whit "bulls" (or what remain of) at 35 whit tigh tigh stop and ridiculous position.
  • #120,797
  • Feb 16, 2009 11:37pm Feb 16, 2009 11:37pm
closed 1 position, leaving the other & stops at be +5
Good luck guys
Thank You
  • #120,798
  • Feb 16, 2009 11:38pm Feb 16, 2009 11:38pm
She broke Daily support trend line (1.4165). Who will go long should be ready with a big SL !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,799
  • Feb 16, 2009 11:38pm Feb 16, 2009 11:38pm
Quoting Myman
Not yet JammerJams. If you look at Chart 30 min at 15 min... it is still downtrend. Give another 15min or 30 min to go for long. For myself ... I'm buying at yesterday lower level and another long at 1.4080 and 1.4030
I have a short from 4190...
  • #120,800
  • Feb 16, 2009 11:38pm Feb 16, 2009 11:38pm
Quoting Inzider
Did some of you catched that beauty?!?
Been in from 06 and 89 out at 33.
Sometimes i LOVE FX...

------------

In whit "bulls" (or what remain of) at 35 whit tigh tigh stop and ridiculous position.
I did and I am out too
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