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Cable Update (GBPUSD)

  • #154,701
  • Aug 4, 2009 1:17am Aug 4, 2009 1:17am
Quoting sinyo79
bearish till 1.6715 before going up again to test level 1,7000 and 1,7285....
welcome back gu to 2,0000 ^_^
Irrational thinking as well. Even it does it won't stay there long.

Actually, it would be great IMO. Then we could have that really nice fall to 3500 again...
Ghost Rider - WWTBMD?
  • #154,702
  • Aug 4, 2009 1:18am Aug 4, 2009 1:18am
Quoting albchr
Good MAE Everyone...
morning bro..
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  • #154,703
  • Aug 4, 2009 1:22am Aug 4, 2009 1:22am
6924 . She provides fantastic support
  • #154,704
  • Aug 4, 2009 1:26am Aug 4, 2009 1:26am
Quoting rashidcm2004
6924 . She provides fantastic support
consolidation will just lead to a bigger breakout..trader will go with the trend which is up...it couldnt be clearer
  • #154,705
  • Aug 4, 2009 1:38am Aug 4, 2009 1:38am
Quoting nAVIN2007
write your rules out..and stick them somewhere where u can see them and when u get to the stage where u want to do your own thing..make a rule that u have to read your rules..u will soon stop after this doing your own think..cause u will be sick of reading your rules
Thank you.
Great Bodies are Engineered not Born
  • #154,706
  • Aug 4, 2009 1:39am Aug 4, 2009 1:39am
Buy on dip is still the preferred choice?
Great Bodies are Engineered not Born
  • #154,707
  • Aug 4, 2009 1:43am Aug 4, 2009 1:43am
Quoting nAVIN2007
morning bro..
Yep...lol...just got up and see that nice little 50 pip range. Just missed going long from 6935 for a quick 30+...lol

15M Chart
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Ghost Rider - WWTBMD?
  • #154,708
  • Aug 4, 2009 1:45am Aug 4, 2009 1:45am
Quoting RichLadyFX
Buy on dip is still the preferred choice?
ofcourse, til today night!
  • #154,709
  • Aug 4, 2009 1:47am Aug 4, 2009 1:47am
Quoting RichLadyFX
Buy on dip is still the preferred choice?
i do think so..best thing to do is..look for where price ranges and buy on the bottom of the range..that way its got room to move up..

this is a good method to get in..be lucky
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  • #154,710
  • Aug 4, 2009 1:50am Aug 4, 2009 1:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Chaps,

today we might see some consolidation, why?
Well, oil prices are becoming a big headache for the struggling world economies due to inflation, and we know they are going up because of week dollar. So this is easy to figure out that it's time for a little rise in dollar.

Also, notice despite ftse and DJ going up from last 2 days. Nikkie is still 20 points up, yesterday it was only 4 points up. Price on cable is stalling now, if you have noticed. Something is cooking and someone knows it well.

Also, there seems to be "slow" generation of some bad news along with all the cooked news :-)

Anyhow, it's until IR decision by the gov this.
  • #154,711
  • Aug 4, 2009 1:51am Aug 4, 2009 1:51am
Quoting RichLadyFX
Buy on dip is still the preferred choice?
In an uptrend yes. Opposite for a down trend....
Ghost Rider - WWTBMD?
  • #154,712
  • Aug 4, 2009 1:54am Aug 4, 2009 1:54am
Quoting ams
Chaps,

today we might see some consolidation, why?
Well, oil prices are becoming a big headache for the struggling world economies due to inflation, and we know they are going up because of week dollar. So this is easy to figure out that it's time for a little rise in dollar.

Also, notice despite ftse and DJ going up from last 2 days. Nikkie is still 20 points up, yesterday it was only 4 points up. Price on cable is stalling now, if you have noticed. Something is cooking and someone knows it well.

Also, there seems to be "slow" generation...
Agreed. I think it will test 1700 like it has twice and is trying now a few times. A tough nut to crack IMHO and it will be interesting if wee see some drop off in UK/US. If it breaks, we may see a little more up.
Ghost Rider - WWTBMD?
  • #154,713
  • Aug 4, 2009 1:54am Aug 4, 2009 1:54am
Quoting Yngwie
More bias to bullish. Safe TP 1.7050/75. Consider bearish if price down to 6858/50. Price will fly so high if reach 1.71XX.
Try several times to post my call... this is my position --> [email protected] SL@6858 [email protected]
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,714
  • Aug 4, 2009 2:07am Aug 4, 2009 2:07am
pips pips pips long entry@ 6935... to add to 60pips earlier catch from the asian session
  • #154,715
  • Aug 4, 2009 2:12am Aug 4, 2009 2:12am
Quoting Hasnaa
Range Forecast
1.6817-1.7100
Buy at 1.6930 limit at 1.7000 stop at 1.6880
Resistance/Support

R:1.7000/1.7418/1.7500
[i][b][font=Times New Roman][size=4][color=purple]1.6818/1.6740/1.6680...
Did U Catch It...!?
  • #154,716
  • Aug 4, 2009 2:15am Aug 4, 2009 2:15am
Quoting Hasnaa
Did U Catch It...!?
Just woke up as it started and missed that one by a minute or two...lol. Nice call...
Ghost Rider - WWTBMD?
  • #154,717
  • Aug 4, 2009 2:15am Aug 4, 2009 2:15am
Quoting Hasnaa
Did U Catch It...!?

No I missed, still waiting
  • #154,718
  • Aug 4, 2009 2:16am Aug 4, 2009 2:16am
You are Great, Hassna

Always right
  • #154,719
  • Aug 4, 2009 2:17am Aug 4, 2009 2:17am
Quoting Hasnaa
Did U Catch It...!?
perfect
  • #154,720
  • Aug 4, 2009 2:17am Aug 4, 2009 2:17am
Morning all..
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