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Daily Cable Vision

  • #1,321
  • Jun 17, 2009 3:48am Jun 17, 2009 3:48am
Quoting Ifty
See when you have coffee without biscuits then this is the result. Next time remember plenty of biscuits with your coffee.
yeah its true
  • #1,322
  • Jun 17, 2009 3:48am Jun 17, 2009 3:48am
Quoting asen
Cable has given up all of its gains made on the better than expected UK Unemployment report after the BOE minutes pointed out that the rise in Sterling could reduce the boost to net trade and would reduce CPI pressures in the short term.
are we heading south?
  • #1,323
  • Jun 17, 2009 3:57am Jun 17, 2009 3:57am
still no short signal
Attached Image (click to enlarge)
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  • #1,324
  • Jun 17, 2009 4:02am Jun 17, 2009 4:02am
short time guy support broke
  • #1,325
  • Jun 17, 2009 4:04am Jun 17, 2009 4:04am
Quoting deboooo2005
short time guy support broke
My next tp is 6290, then 6240.
Just digging in the trenches like everyone else!
  • #1,326
  • Jun 17, 2009 4:09am Jun 17, 2009 4:09am
Quoting eohater
My next tp is 6290, then 6240.
first 1.6252
  • #1,327
  • Jun 17, 2009 4:11am Jun 17, 2009 4:11am
GBP/USD continues to stay in range of 1.6205 and 1.6617 today and with 1.6617 resistance intact, Below 1.6205 will target 1.5778 cluster support (38.2% retracement of 1.4395 to 1.6661 at 1.5795). Note that break there will strongly suggest that, at least, rise from 1.4395 has completed. In such case, deeper fall should be see to trend line support (now at 1.5391) first. On the upside, though, above 1.6617 will indicate that recent rally is still in progress and has resumed for 1.7332 fibo resistance before completion.
In the bigger picture, price actions from 1.3503 are treated as correction to the larger down trend from 2.1161 only. With trend line support intact (now at 1.5391), rise from 1.3654 might extend further but focus will remain on reversal signal as GBP/USD stays in 1.6428/7332 (38.2% and 50% retracement of 2.1161 to 1.3503) as we'd expect the correction to conclude here. On the downside, however, break of the trend line support will be an important signal that such correction has finally completed and should turn outlook bearish for a retest of 1.3503 low next.
  • #1,328
  • Jun 17, 2009 4:11am Jun 17, 2009 4:11am
Quoting deboooo2005
first 1.6252
I can see that! Can you see 6080?
Just digging in the trenches like everyone else!
  • #1,329
  • Jun 17, 2009 4:13am Jun 17, 2009 4:13am
in down way if blue area brek it will go to the next one
Attached Image (click to enlarge)
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  • #1,330
  • Jun 17, 2009 4:14am Jun 17, 2009 4:14am
Quoting eohater
I can see that! Can you see 6080?
if 1.6221 broke cable target 1.6010
  • #1,331
  • Jun 17, 2009 4:15am Jun 17, 2009 4:15am
Quoting eohater
I can see that! Can you see 6080?
Deboooo i am confused bro. Shall i go short now or wait until 1.6252 to see if it resists or not.
You've got to be IN IT to WIN IT!
  • #1,332
  • Jun 17, 2009 4:17am Jun 17, 2009 4:17am
Quoting Ifty
Deboooo i am confused bro. Shall i go short now or wait until 1.6252 to see if it resists or not.
if said when support area broke as i show in chart ... it will be short time ... when 1.6318 broke
  • #1,333
  • Jun 17, 2009 4:21am Jun 17, 2009 4:21am
is the short confirmed now?
  • #1,334
  • Jun 17, 2009 4:21am Jun 17, 2009 4:21am
Quoting deboooo2005
if 1.6221 broke cable target 1.6010
Very nice bro! You've got an excellent eye. I've booked more profit on my short position and the rest is covered very green. I'll see you in couple hours, need some sleep...
Just digging in the trenches like everyone else!
  • #1,335
  • Jun 17, 2009 4:23am Jun 17, 2009 4:23am
Quoting Red.Hawk
is the short confirmed now?
when blue support area broke it goes to the next blue area guys
Attached Image (click to enlarge)
Click to Enlarge Name: 1hh50011abcdef.gif Size: 25 KB
  • #1,336
  • Jun 17, 2009 4:24am Jun 17, 2009 4:24am
Quoting eohater
Very nice bro! You've got an excellent eye. I've booked more profit on my short position and the rest is covered very green. I'll see you in couple hours, need some sleep...
ok my friend .... sweet dreams
  • #1,337
  • Jun 17, 2009 4:33am Jun 17, 2009 4:33am
Quoting deboooo2005
when blue support area broke it goes to the next blue area guys
My TP limit missed by 3 pips and now when i logged back in its 200 pips against
  • #1,338
  • Jun 17, 2009 4:35am Jun 17, 2009 4:35am
Quoting Red.Hawk
My TP limit missed by 3 pips and now when i logged back in its 200 pips against
Bro have still got your 1.6465 trade running? I told you yesterxday to put your SL at BE so that you can relax.
You've got to be IN IT to WIN IT!
  • #1,339
  • Jun 17, 2009 4:38am Jun 17, 2009 4:38am
Quoting Ifty
Bro have still got your 1.6465 trade running? I told you yesterxday to put your SL at BE so that you can relax.
I had to leave and so i couldn;t put the SL i just put TP at 6485 and the market turned back from 6482...!!!!!
  • #1,340
  • Jun 17, 2009 4:40am Jun 17, 2009 4:40am
Quoting Red.Hawk
I had to leave and so i couldn;t put the SL i just put TP at 6485 and the market turned back from 6482...!!!!!
SHOOOOOT. That is totally depressing bro. OK prayers continuing for GU to climb. At present the 5m and 1m are heavily oversold and so we should see a up rise Inshallah.
You've got to be IN IT to WIN IT!
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