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Cable Update (GBPUSD)

  • #163,121
  • Sep 3, 2009 7:01am Sep 3, 2009 7:01am
guys,

i'm learning here... is the last hour bar a doji?

it usually signals a reversal right?
  • #163,122
  • Sep 3, 2009 7:01am Sep 3, 2009 7:01am
Quoting bbmac
http://i32.tinypic.com/mtkn0l.gif

Now that's a chart I like...
Hear the music before the song is over ...
  • #163,123
  • Sep 3, 2009 7:05am Sep 3, 2009 7:05am
Quoting direct-trade
Not till the stops above 16440 are taken bro lol.
Sounds good to me. I don't care which "way" (way meaning longer term "trend") it goes. Just having fun pulling pips from all the ups and downs along the "way"....lol
Ghost Rider - WWTBMD?
  • #163,124
  • Sep 3, 2009 7:05am Sep 3, 2009 7:05am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
it's going strong...not before the news in another few minutes....
don't be fooled by it....few more pips to go for cable to do it's daily atr then sudden drop to remain within the atr....

I would be damn'd if it doesn't touch 64900 at least..though chances are for 65250 might extend it's rally today for tomorrow, it's friday as well....



Quoting bidalufias
guys,

i'm learning here... is the last hour bar a doji?

it usually signals a reversal right?
  • #163,125
  • Sep 3, 2009 7:08am Sep 3, 2009 7:08am
Would you like an anprentice. Am very new to this game and would really apprecite if someone would walk with me.
Cheers buddy

Quoting albchr
Sounds good to me. I don't care which "way" (way meaning longer term "trend") it goes. Just having fun pulling pips from all the ups and downs along the "way"....lol
  • #163,126
  • Sep 3, 2009 7:11am Sep 3, 2009 7:11am
I will be suprise if she's gonna break any more levels tonight....
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 100 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,127
  • Sep 3, 2009 7:13am Sep 3, 2009 7:13am
Quoting Bull_Bear
I will be suprise if she's gonna break any more levels tonight....
NOW that's a chart I like, too....
Hear the music before the song is over ...
  • #163,128
  • Sep 3, 2009 7:13am Sep 3, 2009 7:13am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
True BB but chinese are buying gold now and dumping dollar that gives the impression that future might be in trouble..
Or it might be because they are just hedging...

the only problem is we have one major news today another one tomorrow.....
anyhow, let's watch 64900, 65250 level





Quoting Bull_Bear
I will be suprise if she's gonna break any more levels tonight....
  • #163,129
  • Sep 3, 2009 7:17am Sep 3, 2009 7:17am
Quoting ams
True BB but chinese are buying gold now and dumping dollar that gives the impression that future might be in trouble..
Or it might be because they are just hedging...

the only problem is we have one major news today another one tomorrow.....
anyhow, let's watch 64900, 65250 level
Levels will be broken tom my friend.... right now I out of cable, as she just clipped my wings.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,130
  • Sep 3, 2009 7:19am Sep 3, 2009 7:19am
If she gets and holds beyond the 38.2 (6420) by days/weeks end, I think stage two booster rockets are gonne fire....
Attached Image (click to enlarge)
Click to Enlarge Name: gu_d.gif Size: 27 KB
Ghost Rider - WWTBMD?
  • #163,131
  • Sep 3, 2009 7:22am Sep 3, 2009 7:22am
GU will go up or down..
  • #163,132
  • Sep 3, 2009 7:24am Sep 3, 2009 7:24am
Quoting b3RN87
GU will go up or down..
why not both as a option....how the hell do we know?
  • #163,133
  • Sep 3, 2009 7:26am Sep 3, 2009 7:26am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
seems you are right as I do not see why it's going down before the news!!
if it were to go down it would have gone up..I expect it reach the top before falling...well may be tomorrow...



Quoting Bull_Bear
Levels will be broken tom my friend.... right now I out of cable, as she just clipped my wings.
  • #163,134
  • Sep 3, 2009 7:26am Sep 3, 2009 7:26am
Quoting albchr
If she gets and holds beyond the 38.2 (6420) by days/weeks end, I think stage two booster rockets are gonne fire....
Man, I'm starting to like all these charts now......
Hear the music before the song is over ...
  • #163,135
  • Sep 3, 2009 7:35am Sep 3, 2009 7:35am
I don't get it now...news are bad for USD, but GU is falling down?
-- There's no winner without lose --
  • #163,136
  • Sep 3, 2009 7:35am Sep 3, 2009 7:35am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
alright, this isn't selling...go long until tomorrow by on the dip...




Quoting ams
seems you are right as I do not see why it's going down before the news!!
if it were to go down it would have gone up..I expect it reach the top before falling...well may be tomorrow...
  • #163,137
  • Sep 3, 2009 7:36am Sep 3, 2009 7:36am
There she goes, level been respected..... Dame Wormie, if I didn't have lots loaded across other pairs I would have slapped another on her.
Attached Image (click to enlarge)
Click to Enlarge Name: Dragon.JPG Size: 85 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,138
  • Sep 3, 2009 7:37am Sep 3, 2009 7:37am
USD is a safe haven.

So if the data is bad for the US, sometimes they will still buy the dollar.

dont really understand it myself. but yeah... its like that
  • #163,139
  • Sep 3, 2009 7:42am Sep 3, 2009 7:42am
Quoting GlobalMacro
Man, I'm starting to like all these charts now......

LOL...come on buddy, how about some of that magic of yours? Other than being flat for the rest of this week, what's your take? Inquiring minds want to know......
Ghost Rider - WWTBMD?
  • #163,140
  • Sep 3, 2009 7:42am Sep 3, 2009 7:42am
the cable has broken the triangular line showing us bullish movement going to take place.
Attached Image (click to enlarge)
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