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Cable Update (GBPUSD)

  • #123,841
  • Feb 26, 2009 2:13pm Feb 26, 2009 2:13pm
cable is stuck...
  • #123,842
  • Feb 26, 2009 2:16pm Feb 26, 2009 2:16pm
Quoting markmm
Nice drop there or was my MT lagging? I think its about to break down.
Was a spike down...on crazy assed spikes like that, my broker doesn't even reflect the price change.

Just some freaky anomaly with MT I believe...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #123,843
  • Feb 26, 2009 2:18pm Feb 26, 2009 2:18pm
Quoting Magix
Was a spike down...on crazy assed spikes like that, my broker doesn't even reflect the price change.

Just some freaky anomaly with MT I believe...
Think it dropped 25 pips in a few mins, according to 5m chart.
Economists have forecast 9 out of the last 5 recessions
  • #123,844
  • Feb 26, 2009 2:21pm Feb 26, 2009 2:21pm
Quoting markmm
Think it dropped 25 pips in a few mins, according to 5m chart.
Went from 1.4314-1.4292 in 1 spike, then shows a 3/4 gains back...I was watching my trades at same time, and ticker window, didn't even flicker.

Nice drop so far though, nice to see a pulse, even if a weak one.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #123,845
  • Feb 26, 2009 2:22pm Feb 26, 2009 2:22pm
i just looked at the monthly chart and realised we are bloody low.....this baby could actually reverse, if cable goes up

the body of the last month show a bit of indecision, i would not trust the downtrend at this point, tomorrow might be like watching paint dry....need to be carefull ladies
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  • #123,846
  • Feb 26, 2009 2:27pm Feb 26, 2009 2:27pm
Swing trade to 1.3800 zone(78.6%) support

Keep it simple..Trendline are your friends..They don't lie on higher TF

Good Luck..




Quoting allserene
them's yankee biscuits (cookies)..... I bet the gbp would collapse in that case

I reckon she eats blue ribands

come on 4250....

DOW is cream crackered so I dont see why not
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  • #123,847
  • Feb 26, 2009 2:28pm Feb 26, 2009 2:28pm
Quoting nAVIN2007
i just looked at the monthly chart and realised we are bloody low.....this baby could actually reverse, if cable goes up

the body of the last month show a bit of indecision, i would not trust the downtrend at this point, tomorrow might be like watching paint dry....need to be carefull ladies
I agree we could be very close to the bottom for now ,next time it will lower
  • #123,848
  • Feb 26, 2009 2:34pm Feb 26, 2009 2:34pm
Quoting sofia101
I agree we could be very close to the bottom for now ,next time it will lower
glad to know u agree...its shows im finally seeing the light
  • #123,849
  • Feb 26, 2009 2:37pm Feb 26, 2009 2:37pm
We have interesting 1H chart, are we going to test the red areas or the yellow areas
lets see...
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  • #123,850
  • Feb 26, 2009 2:45pm Feb 26, 2009 2:45pm
Quoting nAVIN2007
glad to know u agree...its shows im finally seeing the light
We could still see 1.41 or so ,and then go up,but I see cable at 1.38-36 just in a couple month.But it all speculation, let's wait and see what the day will bring to us
  • #123,851
  • Feb 26, 2009 2:50pm Feb 26, 2009 2:50pm
Quoting sofia101
We could still see 1.41 or so ,and then go up,but I see cable at 1.38-36 just in a couple month.But it all speculation, let's wait and see what the day will bring to us
very true this week close is very impt only i cant see the downtrend ending so i have to agree lower is likely i feel
  • #123,852
  • Edited 3:53pm Feb 26, 2009 3:12pm | Edited 3:53pm
happy Trading...
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File Type: txt abuawad_data.txt   < 1 KB | 298 downloads
  • #123,853
  • Feb 26, 2009 3:26pm Feb 26, 2009 3:26pm
Quoting nAVIN2007
cable is stuck...

Now its really stuck, 10 pip channel for an hour....

This has to be the worst pair for falling asleep...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #123,854
  • Feb 26, 2009 3:28pm Feb 26, 2009 3:28pm
come on cable go short finally
we'are not heroes to wait your falling all day night
ROBOT FOREX
  • #123,855
  • Feb 26, 2009 3:33pm Feb 26, 2009 3:33pm
Defib paddles charged to 300 joules...

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

CLEAR!

ZZZZZZOT!


^-^-^-^-/-/-/

Hope that helps....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #123,856
  • Feb 26, 2009 3:53pm Feb 26, 2009 3:53pm
Quoting Abuawad
happy Trading...
how do i use the .txt file you attach?
  • #123,857
  • Feb 26, 2009 4:05pm Feb 26, 2009 4:05pm
gbp still down ..target 1.4160 R1 :1.4324 R2:1.4380 ,just my thought
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  • #123,858
  • Feb 26, 2009 6:18pm Feb 26, 2009 6:18pm
Quoting Magix
Now its really stuck, 10 pip channel for an hour....

This has to be the worst pair for falling asleep...
I second that. We are still predominantly trending downwards its a question of when will it happen.

Short pending order @ 1.4255.
"The trend is your friend, until the end."
  • #123,859
  • Feb 26, 2009 7:31pm Feb 26, 2009 7:31pm
Quoting fxtrendline
gbp still down ..target 1.4160 R1 :1.4324 R2:1.4380 ,just my thought
my thought - long
ROBOT FOREX
  • #123,860
  • Feb 26, 2009 7:57pm Feb 26, 2009 7:57pm
Quoting Forbes55
my thought - long
Dunno man, draw a trend line from yesterdays high threw current....

Am thinking there is a general direction formed
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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