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Cable Update (GBPUSD)

  • #129,561
  • Apr 14, 2009 9:57am Apr 14, 2009 9:57am
i mean short term the Gbp will touch 1.50 before going south.the ftse100 gaining and the DJ 30 raising
  • #129,562
  • Apr 14, 2009 10:00am Apr 14, 2009 10:00am
Nobody want the GBP. DJ and the FTSE are preparing for a big drop. Bennie will send that market to hell.........
  • #129,563
  • Apr 14, 2009 10:13am Apr 14, 2009 10:13am
Quoting Terminale
Nobody want the GBP. DJ and the FTSE are preparing for a big drop. Bennie will send that market to hell.........

i do agree with you mate

Ub
  • #129,564
  • Apr 14, 2009 10:21am Apr 14, 2009 10:21am
Shoulder head should in GU. Possible drop after the break.
  • #129,565
  • Apr 14, 2009 10:43am Apr 14, 2009 10:43am
Quoting Terminale
Shoulder head should in GU. Possible drop after the break.
No good direction for gbp/usd...the speach by obama..make that pair loss of control. Waiting good setup for sell..Hurmm..hopefully.
  • #129,566
  • Apr 14, 2009 10:48am Apr 14, 2009 10:48am
Quoting mj_xr
No good direction for gbp/usd...the speach by obama..make that pair loss of control. Waiting good setup for sell..Hurmm..hopefully.
WAITING is the key word here my friend
  • #129,567
  • Apr 14, 2009 10:53am Apr 14, 2009 10:53am
What do u think come next.. any news about gu will drop?? n if u on sell now, what is tp and sl do u all make..
Never look for past.. always beyond the boundary
  • #129,568
  • Apr 14, 2009 12:04pm Apr 14, 2009 12:04pm
Mr. Nizar ,

i read and watched all the material of ur method ... u r genius .


now i am going to practice it and i am waiting for the close of today trading .


ummmmmmmm jus i hope won't face difficulties to find the apprpriate R & S .

thank u so much Mr . Nizar
  • #129,569
  • Apr 14, 2009 12:36pm Apr 14, 2009 12:36pm
You can use this level if price going down today, and remember yesterday 1,4760 is the strong resistance, now this level become strong support,

Attached Image (click to enlarge)
Click to Enlarge Name: forex.GIF Size: 14 KB



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history level for GBPUSD
  • #129,570
  • Apr 14, 2009 12:50pm Apr 14, 2009 12:50pm
Quoting errich fx
You can use this level if price going down today, and remember yesterday 1,4760 is the strong resistance, now this level become strong support,

Attachment


__________________________________________________________


history level for GBPUSD

hmmm but its still moving from 1.4880-1.4915 when it will go back its 5 hours now

Ub
  • #129,571
  • Apr 14, 2009 1:09pm Apr 14, 2009 1:09pm
Quoting ubaidahsan
hmmm but its still moving from 1.4880-1.4915 when it will go back its 5 hours now

Ub
The buying are losing hope that it will go further up. We should see a drop again in Asia session. I think GU will lose all it gain before end of week.
  • #129,572
  • Apr 14, 2009 1:19pm Apr 14, 2009 1:19pm
Quoting Terminale
The buying are losing hope that it will go further up. We should see a drop again in Asia session. I think GU will lose all it gain before end of week.
I heard you said that 6 hours ago before the dow opened. Big drop was it?
How about you illustrate what you see with a chart? You are not going to be much help with this wild claims.
Thank You
  • #129,573
  • Apr 14, 2009 1:36pm Apr 14, 2009 1:36pm
Price-Oscillator divergence. A possible move to the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 25 KB
Never Ever Give Up!
  • #129,574
  • Apr 14, 2009 1:54pm Apr 14, 2009 1:54pm
I'd watch out for 4950 just as mentioned before. Failure to break & we could possibly just pullback before testing the highs again. Who knows. Good luck & trade safe everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: gu8.JPG Size: 103 KB
Thank You
  • #129,575
  • Apr 14, 2009 2:14pm Apr 14, 2009 2:14pm
Quoting wormboy
I'd watch out for 4950 just as mentioned before. Failure to break & we could possibly just pullback before testing the highs again. Who knows. Good luck & trade safe everyone.
thanks for your posts and updates bro ...it break its high let see where it go...
but i want it to down now too....let see what happen in next few hours...

Ub
  • #129,576
  • Apr 14, 2009 2:15pm Apr 14, 2009 2:15pm
Quoting Cobra
Price-Oscillator divergence. A possible move to the downside.
I agree, plus the volume moving this up is quite low.
  • #129,577
  • Apr 14, 2009 2:16pm Apr 14, 2009 2:16pm
There could be some upside left before this is done. My daily chart shows that the stoch could have some run left before it turns and the TL to the upside is 1.51 which could be hit within 24-48 hours.

Not a prediction but the probability of the top TL being hit seems pretty good even with all the other lower time charts showing overbought conditions.
Attached Image
  • #129,578
  • Apr 14, 2009 6:55pm Apr 14, 2009 6:55pm
Quoting wormboy
I'd watch out for 4950 just as mentioned before. Failure to break & we could possibly just pullback before testing the highs again. Who knows. Good luck & trade safe everyone.
where is everybody?
i'm getting bored with this thread.
  • #129,579
  • Apr 14, 2009 7:44pm Apr 14, 2009 7:44pm
uut, we're all around bro. You just have to look harder
Thank You
  • #129,580
  • Apr 14, 2009 7:48pm Apr 14, 2009 7:48pm
Quoting uut
where is everybody?
i'm getting bored with this thread.

a lot of the good traders left after the exchange back and forth of filler BS
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