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Cable Update (GBPUSD)

  • #209,001
  • Mar 23, 2010 1:23am Mar 23, 2010 1:23am
There seems to be quite abit of Pound news today, any major suprises
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #209,002
  • Mar 23, 2010 1:23am Mar 23, 2010 1:23am
Quoting pathenry
Thanks for ea but dosn't load onto charts...or is it me?
that goes into experts folder not indicators folder
  • #209,003
  • Mar 23, 2010 1:26am Mar 23, 2010 1:26am
Quoting forexlion
that goes into experts folder not indicators folder

come on lion...

  • #209,004
  • Mar 23, 2010 1:26am Mar 23, 2010 1:26am
http://fxdom.ru/uploads/posts/1269238672_gbpusd-h4.gif
H4 graph (dated 03/22/10)
The pair is trading along a downtrend having the drop target at level 1.4780, and then at 1.4550. By going below levels 1.5120 and 1.5020 the pair finished the uptrend and changed bullish sentiment to bearish.

Let’s discuss two variants of events to proceed:
1. Either from the current level or upon rebound from resistance 1.5080 the pair goes below level 1.4920. The downtrend continues having the drop target seen at level 1.4780, and further at 1.4550.
The area 1.5165 - 1.5220 is populated with strong resistances and so even if the market rises above level 1.5080, the pair is unlikely to get any higher then that area and the downtrend will go on having the drop target at 1.4550.

2. Alternative variant. In case the downside momentum fades out (which is not too probable) and the pair rises above resistances 1.5080 and 1.5220, we may expect it to continue its upside to resistance level 1.5400.


Support:
1.4965 (intermediate, but not weak)

Resistance:
1.5080 and 1.5165 - 1.5220
  • #209,005
  • Mar 23, 2010 1:32am Mar 23, 2010 1:32am
well not a bad morning greeny with honey and coffee, do we bottom here or we will see the 30's then bounce the news
  • #209,006
  • Mar 23, 2010 1:32am Mar 23, 2010 1:32am
Quoting forexlion
that goes into experts folder not indicators folder
Daaa Thanks for that .
U won't really understand GRACE untill you fully realise you've been GRACED
  • #209,007
  • Mar 23, 2010 1:34am Mar 23, 2010 1:34am
Quoting cesararr
come on lion...

look i am helping him install it correctly
  • #209,008
  • Mar 23, 2010 1:36am Mar 23, 2010 1:36am
Quoting forexlion
look i am helping him install it correctly
wtf gives me hi there all the bloody time
  • #209,009
  • Mar 23, 2010 1:36am Mar 23, 2010 1:36am
Quoting Privet
http://fxdom.ru/uploads/posts/1269238672_gbpusd-h4.gif
H4 graph (dated 03/22/10)
The pair is trading along a downtrend having the drop target at level 1.4780, and then at 1.4550. By going below levels 1.5120 and 1.5020 the pair finished the uptrend and changed bullish sentiment to bearish.

Let’s discuss two variants of events to proceed:
1. Either from the current level or upon rebound from resistance 1.5080 the pair goes below level 1.4920. The downtrend continues having the drop target seen at level 1.4780, and further...
nice work
  • #209,010
  • Mar 23, 2010 1:40am Mar 23, 2010 1:40am
Quoting kill56
nice work #209022
everything for you
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  • #209,011
  • Mar 23, 2010 1:46am Mar 23, 2010 1:46am
I'm South All the way today!

Short open at 75 and looking to ride it DOWN to 4975
@pawpaw1000 on Twitter
  • #209,012
  • Mar 23, 2010 1:47am Mar 23, 2010 1:47am
Morning all
  • #209,013
  • Mar 23, 2010 1:48am Mar 23, 2010 1:48am
I'm short today, already in @ 15080. "You know what I mean, Harry" RIP Harry.
  • #209,014
  • Mar 23, 2010 1:49am Mar 23, 2010 1:49am
Quoting bbakker
I'm short today, already in @ 15080. "You know what I mean, Harry" RIP Harry.
looks like we sitting next to each other sire... do you mind If I swap with you so I can have the window seat?
@pawpaw1000 on Twitter
  • #209,015
  • Mar 23, 2010 1:51am Mar 23, 2010 1:51am
Quoting cesararr
come on lion...

Its obvious this is no place for idiots huh?
U won't really understand GRACE untill you fully realise you've been GRACED
  • #209,016
  • Mar 23, 2010 1:51am Mar 23, 2010 1:51am
Good Morning cable-guys, and happy trading
  • #209,017
  • Mar 23, 2010 1:52am Mar 23, 2010 1:52am
Quoting Privet
everything for you
the queen
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  • #209,018
  • Mar 23, 2010 1:52am Mar 23, 2010 1:52am
Quoting pawpaw1000
looks like we sitting next to each other sire... do you mind If I swap with you so I can have the window seat?
You guys can fight for the window seat, I got the driving seat.
  • #209,019
  • Mar 23, 2010 1:53am Mar 23, 2010 1:53am
hi there, does anyone think we might have a positive cpi figure this morning and see a bit of a rally in gu? is anyone waiting for that or jumping in as soon as it breaks support at 5060 area?
cheers
  • #209,020
  • Mar 23, 2010 1:54am Mar 23, 2010 1:54am
Quoting cloggie
You guys can fight for the window seat, I got the driving seat.
as long as you take us where we wanna go! and that is the station in the south of the city, think it is number 1.4975 and after I'm quite keen on 1.4800. NO SCREWING AROUND TODAY!
@pawpaw1000 on Twitter
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