If the price can't break the R2 I think the price will be heading upward. We may see the cable closing today at 1.5950 or higher.
Cable Update (GBPUSD)
- #191,244
- Jan 7, 2010 6:26am Jan 7, 2010 6:26am
BABATUNDEAKIN. KINI SELE. OKE NI A LO NISI NISI. MA DA AWON OMO OYIBO LOWUN. WERE LO KPO JU NI ARIN WON. went long @ 1.5914 T.P 120 PIPS
Don't tell me how much you can earn. Tell me how much you may lose..
- #191,248
- Jan 7, 2010 6:28am Jan 7, 2010 6:28am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Verily, in every difficulties there is relief
- #191,254
- Jan 7, 2010 7:04am Jan 7, 2010 7:04am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I'm looking for a Hammer to form over the next 3.5 hours for a LONG. Reasons are that will bounce off a cent (1.5900) off the 786 fib, and previous resistance = current support. If we get a hammer formation at close of 8 hour candle, then no reason for it NOT to go to 1.6300, the D extension. If no hammer then I'll stay out.
- #191,256
- Jan 7, 2010 7:15am Jan 7, 2010 7:15am
have you ever hear that nibiru planet will visit earth 3 years later?
OMG they came earlier...
they built pyramid thousand years before we learn about civil/architect engineering..
maybe they have trading forex for thousand years...
Patience + Discipline = 