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Cable Update (GBPUSD)

  • #177,081
  • Oct 16, 2009 7:44am Oct 16, 2009 7:44am
i myself not the one who are skillful in picking top and bottom. at the moment , cable shows weakness but not a confirmation to fall. but the PA those u guys showing may look good in picking the top, REVENGE!
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  • #177,082
  • Oct 16, 2009 7:44am Oct 16, 2009 7:44am
The is no sign for bears Uptrend on its way.

Still bulls are in full control breakout expected upside.
  • #177,083
  • Oct 16, 2009 7:46am Oct 16, 2009 7:46am
..
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  • #177,084
  • Oct 16, 2009 7:51am Oct 16, 2009 7:51am
Quoting gammase1
There's support at 4840/50 that needs to be broken to open the way for further downside.
I'm looking for a break tonight Paul... Price has broken the 20sma and the minor TL.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #177,085
  • Oct 16, 2009 7:56am Oct 16, 2009 7:56am
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  • #177,086
  • Oct 16, 2009 7:58am Oct 16, 2009 7:58am
U.s data @ 1300 and 1315pm gmt...1hr looking like this atm in respect of potential supp/res/sbr/rbs factors..

G/L
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ex member
  • #177,087
  • Oct 16, 2009 8:07am Oct 16, 2009 8:07am
roooooooooooooooooom whats up
  • #177,088
  • Oct 16, 2009 8:08am Oct 16, 2009 8:08am
Quoting Johor JCS
i myself not the one who are skillful in picking top and bottom. at the moment , cable shows weakness but not a confirmation to fall. but the PA those u guys showing may look good in picking the top, REVENGE!

nope it about taking a position..i personally dont like taking positions i cant hold, u gotta know what the actual trend is and where the turning point are likely to be...we just happen to be maybe at one.

revenge has nothing to do with it cause market didnt do anything u did..stop seeing the market as your enemy.

and also b4 u respond remember your the one using the word "REVENGE"
  • #177,089
  • Oct 16, 2009 8:08am Oct 16, 2009 8:08am
A break from this wedge more likely to the
downside due to greater resistance above.

Dr. D.
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  • #177,090
  • Oct 16, 2009 8:13am Oct 16, 2009 8:13am
Quoting nAVIN2007
nope it about taking a position..i personally dont like taking positions i cant hold, u gotta know what the actual trend is and where the turning point are likely to be...we just happen to be maybe at one.

revenge has nothing to do with it cause market didnt do anything u did..stop seeing the market as your enemy.

and also b4 u respond remember your the one using the word "REVENGE"
i hope my previous statement didnt insult anyone here. i myself really want to take revenge on cable. your analysis helped me many times, saving me from taking wrong trade. including my own analysis. u are my senior bro i have full respect on that ...cheers
  • #177,091
  • Oct 16, 2009 8:14am Oct 16, 2009 8:14am
any body knows where the b;;;;;h will spend her week end
  • #177,092
  • Oct 16, 2009 8:19am Oct 16, 2009 8:19am
Or a 'gradient'.... as Kevin Knuth has postulated.

When the ema's separate with such a 'gradient' they
produce a vacuum or polarity effect and must spring back
into compression to build energy for another move....
it's only natural, but a vacuum is not!

Dr. D.
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  • #177,093
  • Oct 16, 2009 8:21am Oct 16, 2009 8:21am
It's an interesting thought to consider, that Pro Euro politicians in the British government (Peter Mandleson), could be pushing / pushed fiscal policies that he knows will bring an end to the sterling, and bring its surrender to the Euro.
Probability Professor
  • #177,094
  • Oct 16, 2009 8:24am Oct 16, 2009 8:24am
Quoting Johor JCS
i hope my previous statement didnt insult anyone here. i myself really want to take revenge on cable. your analysis helped me many times, saving me from taking wrong trade. including my own analysis. u are my senior bro i have full respect on that ...cheers
no buddy honestly no offense taken really..

im just pointing out, in trading even writing such things like revenge can have an implication on your trading results..im just highlighting that u used it. what u need to question is why did u use that word..

that was the point i wanted to make.

the market is nothing but information, yur breakdown of this information is important..I am learning same as u brother! i learn something about this market everyday..

thank u for yur kind words and i respect u just as much!! and learn from each and every1 that posts, without them i would not be here today..

trade safe an be lucky
  • #177,095
  • Oct 16, 2009 8:36am Oct 16, 2009 8:36am
Quoting nAVIN2007
no buddy honestly no offense taken really..

im just pointing out, in trading even writing such things like revenge can have an implication on your trading results..im just highlighting that u used it. what u need to question is why...
Prince nAVIN with his answer
this how to be the moral
  • #177,096
  • Oct 16, 2009 8:36am Oct 16, 2009 8:36am
Quoting kill
any body knows where the b;;;;;h will spend her week end
Potentially around 1.63. (notice the potentially) .
Probability Professor
  • #177,097
  • Oct 16, 2009 8:41am Oct 16, 2009 8:41am
Quoting kill
any body knows where the b;;;;;h will spend her week end
my bed
  • #177,098
  • Oct 16, 2009 8:42am Oct 16, 2009 8:42am
Quoting kill
any body knows where the b;;;;;h will spend her week end
She is a tramp could be anywhere
  • #177,099
  • Oct 16, 2009 8:44am Oct 16, 2009 8:44am
Quoting forexlion
my bed
Personally, I keep outa bed with the long and strong...but hey, that's just me!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,100
  • Oct 16, 2009 8:46am Oct 16, 2009 8:46am
I'd expect price to go into the blue some point today. There has to be a breakout of the triangle, I'm thinking up.
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Probability Professor
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