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Cable Update (GBPUSD)

  • #153,361
  • Jul 31, 2009 12:20am Jul 31, 2009 12:20am
Quoting Inzider
Anyone have look at Dow lately.... its EXACLY at 38.2 correction level...
And the yesterday open been a gap on my server, whit close lower then opening. Opening whit a gap down today (asian market are rolling at top now) would lead us to an island top....

If harmonic ratio work out as "usual', this drop would lead us to 1.618 extension form last move at 4800....

Ticket everyone?!? Train is leaving.

Ghost Rider - WWTBMD?
  • #153,362
  • Jul 31, 2009 12:24am Jul 31, 2009 12:24am
Quoting albchr
My 4H UTL still in play for another 3 hours yet. I think it will hold.
That lead us to 4ham (ET time)... news is at 8h30.
So maby another bar to go after this one then...

It could consolidate to accumulate sale order at top, witch going to take time and make some HS and triple top pattern...
  • #153,363
  • Jul 31, 2009 12:25am Jul 31, 2009 12:25am
Hi Guys,

Need to confirm what I see, Can someone reply me of this chart??

Looks like a break up soon.

Thks in Advance for those tht reply me
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  • #153,364
  • Jul 31, 2009 12:27am Jul 31, 2009 12:27am
Quoting Inzider
That lead us to 4ham (ET time)... news is at 8h30.
So maby another bar to go after this one then...

Perhaps. Still waiting for 6550.

I agree with Malcolmb, check out the volume under that last hour bar. This was price markup, pure and simple.
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Ghost Rider - WWTBMD?
  • #153,365
  • Edited 12:38am Jul 31, 2009 12:28am | Edited 12:38am
Quoting albchr
Perhaps. Still waiting for 6550.

I agree with Malcolmb, check out the volume under that last hour bar. This was price markup, pure and simple.
Dam right, ever look at Dow volume from the low..... ?!? ....
Scary thing... sounds so manipulate.

Market is set now so that you got no other place to put your money at.
No yield... house down... start your compagny?...

Its a trap! And if i"m wrong, i will still not beleive into that rally... LOL!


That New world Order thing start to take place i feel. Country so in debts, but versus who?
Bankers, from ancien family: Rothchild, Rockerfeller, Morgan....
Who's going to keep landing money at "us".

Its no deal, they wil want to get a return on this, like a pure slavery thing return into time.
All country debt will be change into pure domination from them over us.
Democartie was only a front for this. In law its not your land, but the country that allow you to get one.

I bet some will think i'm crazy, and that's also set, wanted....
  • #153,366
  • Jul 31, 2009 12:35am Jul 31, 2009 12:35am
Quoting Inzider
Dam right, ever look at Dow volume from the low..... ?!? ....
Scary thing... sounds so manipulate.

Market is set now so that you got no other place to put your money at.
No yield... house down... start your compagny?...

Its a trap! And if i"m wrong, i will still not beleive into that rally... LOL!


That New world Order thing start to take place i feel. Country so in debts, but versus who?
Bankers, from ancien family: Rothchild, Rockerfeller, Morgan....
Who's going to keep landing money at "us".

Its no deal, they wil want to get a...
Yep. I'm beginning to think it won't even get to 6550. But, when the drop comes, there willl be oppertunity on the way down.
Ghost Rider - WWTBMD?
  • #153,367
  • Jul 31, 2009 12:38am Jul 31, 2009 12:38am
Alright down we go , im picking up pips already on the way down.
  • #153,368
  • Jul 31, 2009 12:38am Jul 31, 2009 12:38am
Volume is rising slightly, price is coming down. Buyers? Me thinks not...
Ghost Rider - WWTBMD?
  • #153,369
  • Jul 31, 2009 12:39am Jul 31, 2009 12:39am
This may be it ladies and gentlemen!

Look at 1hr.
  • #153,370
  • Jul 31, 2009 12:41am Jul 31, 2009 12:41am
Since I didn't get the top (missed my PO by 3 pips), I'll give it this hour to see. Like I said, if it's gonna drop, there will be chances on the way.
Right at this moment, the 1H is sitting right on my 4H UTL. I expect a "little' bounce.
Ghost Rider - WWTBMD?
  • #153,371
  • Jul 31, 2009 12:57am Jul 31, 2009 12:57am
I just noticed that during this entire week we have only seen a 200 pip range from high to low. Seems awful low for a weekly range.

I don't know about you, but I am ready for a huge breakout next week.
  • #153,372
  • Jul 31, 2009 1:00am Jul 31, 2009 1:00am
Quoting Piece Of The Pie
I just noticed that during this entire week we have only seen a 200 pip range from high to low. Seems awful low for a weekly range.

I don't know about you, but I am ready for a huge breakout next week.
Yep...to the downside
Ghost Rider - WWTBMD?
  • #153,373
  • Jul 31, 2009 1:01am Jul 31, 2009 1:01am
Quoting albchr
Yep...to the downside
6550? then down??
  • #153,374
  • Jul 31, 2009 1:08am Jul 31, 2009 1:08am
everybody buying GB...everybody loves it...crazy...
- Always pray on your trading - God know the best for everyone
  • #153,375
  • Jul 31, 2009 1:09am Jul 31, 2009 1:09am
Quoting calderone
6550? then down??
That's what I'm waiting for. It may not get there and it may get a few pips higher. Waiting to see...
Ghost Rider - WWTBMD?
  • #153,376
  • Jul 31, 2009 1:10am Jul 31, 2009 1:10am
Quoting albchr
That's what I'm waiting for. It may not get there and it may get a few pips higher. Waiting to see...
I've got 2 different chart set ups and I even called the guy up the street. There is a little tension built up. Something will give, I just want my share.
  • #153,377
  • Jul 31, 2009 1:11am Jul 31, 2009 1:11am
This pair is sitting on top of a couple points of support, barely even testing back downwards, and continuing upwards, be careful if you plan on selling.
  • #153,378
  • Jul 31, 2009 1:12am Jul 31, 2009 1:12am
Quoting ScottH
This pair is sitting on top of a couple points of support, barely even testing back downwards, and continuing upwards, be careful if you plan on selling.
Can you slap a chart up?
  • #153,379
  • Jul 31, 2009 1:13am Jul 31, 2009 1:13am
Quoting calderone
I've got 2 different chart set ups and I even called the guy up the street. There is a little tension built up. Something will give, I just want my share.
This is game of watching right now for me. If the BIG boys really want to screw with us, they'll push it up to the 6550ish area and soak up some shorts. Then go stop hunting even higher and then drop.
Ghost Rider - WWTBMD?
  • #153,380
  • Jul 31, 2009 1:13am Jul 31, 2009 1:13am
I think it will hit my piv at 6566
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