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Cable Update (GBPUSD)

  • #121,961
  • Feb 19, 2009 12:00pm Feb 19, 2009 12:00pm
I know most would like to see the pound at 1.50 at least. What happens from there?

I am having the time of my life going long but at some point I'm going to need to start taking shorts again.

PS Hello all. This is my first post.
I am too dumb to predict the future, but smart enough not to try.
  • #121,962
  • Feb 19, 2009 12:05pm Feb 19, 2009 12:05pm
Quoting MarkyBoy
Can anyone recommend an MT4 platform with a daily close at midnight GMT (Alpari's is at 11pm)

Thanks
http://www.forexltd.co.uk/study/opendemoacc/instr/

You get the dollar index too.
  • #121,963
  • Feb 19, 2009 12:05pm Feb 19, 2009 12:05pm
I am still getting some warm n fuzzy feelings for a long position. With a positive day, a fairly strong trend line hold, and with current upward motion on my 15m giving a second run at resistance, OSMA correcting to go positive, current price above 4ma, I don't think we will see a run for top, but I can live with a slow walk...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #121,964
  • Feb 19, 2009 12:06pm Feb 19, 2009 12:06pm
Quoting Abuawad
no it was the connection issue, the internet was down in Riyadh
Hi very nice video at your blog and thank you very much only if you can put this in bigger format or yo use youtube that we can download this video
Thank you
  • #121,965
  • Feb 19, 2009 12:13pm Feb 19, 2009 12:13pm
Quoting sinisabrkic
Hi very nice video at your blog and thank you very much only if you can put this in bigger format or yo use youtube that we can download this video
Thank you
you are welcome,

already on youtube
http://www.youtube.com/profile?user=...view=playlists
  • #121,966
  • Feb 19, 2009 12:14pm Feb 19, 2009 12:14pm
Downside target to at least the daily pivot for now. Short from 4336.
Attached Image (click to enlarge)
Click to Enlarge Name: dji.gif Size: 43 KB
  • #121,967
  • Feb 19, 2009 12:20pm Feb 19, 2009 12:20pm
Currently looking to break and hold 1.4340 on a 15m for confirmation, long entered @ 1.4319.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #121,968
  • Feb 19, 2009 12:26pm Feb 19, 2009 12:26pm
Thanks abuawad for your efforts, really helps small trader like me.
  • #121,969
  • Feb 19, 2009 12:26pm Feb 19, 2009 12:26pm
Quoting Abuawad
you are welcome,

already on youtube
http://www.youtube.com/profile?user=...view=playlists
  • #121,970
  • Feb 19, 2009 12:35pm Feb 19, 2009 12:35pm
Quoting jack.canadia
Downside target to at least the daily pivot for now. Short from 4336.
  • #121,971
  • Feb 19, 2009 12:51pm Feb 19, 2009 12:51pm
Quoting Abuawad
you are welcome,

already on youtube
http://www.youtube.com/profile?user=...view=playlists
Thank you, but in some videos there is no sound for ex in video Abuawad Method Step 5.flv...
  • #121,972
  • Feb 19, 2009 12:54pm Feb 19, 2009 12:54pm
Quoting sinisabrkic
Thank you, but in some videos there is no sound for ex in video Abuawad Method Step 5.flv...
there is sound please check it again...

Inserted Video
  • #121,973
  • Feb 19, 2009 12:55pm Feb 19, 2009 12:55pm
Quoting jack.canadia
http://www.forexltd.co.uk/study/opendemoacc/instr/

You get the dollar index too.
Thanks Jack
  • #121,974
  • Feb 19, 2009 1:00pm Feb 19, 2009 1:00pm
Quoting Chris_35
Short @1.4351 s/l @1.4466
Quoting Komissar
If you don't mind, what makes you think it will drop?
Quoting Chris_35
In a word "Probability"
Probably do what you not expect it to do
  • #121,975
  • Feb 19, 2009 1:03pm Feb 19, 2009 1:03pm
Quoting jack.canadia
Downside target to at least the daily pivot for now. Short from 4336.

i think the same, and took a short at 1.4320. sl 1.4355

and i took a short at UJ too because of double top in 15 min at 94.22. target 92.70

mmm i try to do the same with GJ....
  • #121,976
  • Feb 19, 2009 1:10pm Feb 19, 2009 1:10pm
Quoting jack.canadia
Downside target to at least the daily pivot for now. Short from 4336.
This also looks like a bearish pennant...which would work out to give us about 170 pips...the size of the pole.....

Any thoughts ?????
  • #121,977
  • Feb 19, 2009 1:10pm Feb 19, 2009 1:10pm
Right now trading at 1.4312. This is heading towards 1.4266 which is at the bottom of the BB on the 1 hr. Maybe a nice time to get at least 50 pips.
  • #121,978
  • Feb 19, 2009 1:40pm Feb 19, 2009 1:40pm
Quoting rt4x
This also looks like a bearish pennant...which would work out to give us about 170 pips...the size of the pole.....

Any thoughts ?????
In full agreement. Posted a chart a few posts up.
  • #121,979
  • Feb 19, 2009 1:45pm Feb 19, 2009 1:45pm
agreement here as well, only thing is we're reaching the end of it. Obama set to speak
  • #121,980
  • Feb 19, 2009 1:47pm Feb 19, 2009 1:47pm
Oh its Harper too!
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