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Cable Update (GBPUSD)

  • #219,721
  • Apr 20, 2010 6:08am Apr 20, 2010 6:08am
Quoting Cotton-I-Jo
Nope at all !


Just C my drawn chart !


Then u'll get it !


Ok, i see, similar trade idea, just a different method
Just my 2 cents worth
  • #219,722
  • Apr 20, 2010 6:09am Apr 20, 2010 6:09am
Quoting Cowboy11
Still have 1~4 hours b4 able to determine the direction. The indication right now is that if G want to go down, it has to start from GJ, if GJ dont go down, no hope for GU to go short.
Sorry, the interpretation is no so correct. UJ has a ending sign for long, going to turn weak or correction, both scenario will support GU to go long. Unless G is the weakest currency among all than GU only can go short in the 4~8 hours.
Face both Win and Lose bravely
  • #219,723
  • Apr 20, 2010 6:10am Apr 20, 2010 6:10am
ib data fx down. anyone got gu number ?
  • #219,724
  • Apr 20, 2010 6:12am Apr 20, 2010 6:12am
Quoting winsome
ib data fx down. anyone got gu number ?
its ok i got it off forex factory page.
  • #219,725
  • Apr 20, 2010 6:13am Apr 20, 2010 6:13am
i am trying to read heck no time i will read later to many posts to read
  • #219,726
  • Apr 20, 2010 6:13am Apr 20, 2010 6:13am
Quoting jimobiwan
Seems like the train has left without me. Should i now be looking to sell say at 5470 considering day range? And cut at 5520?
I don't recommend going against the trend.. Just wait for a good setup price, personally I'm looking at 5350-5380 pullback area to add long.. Have some patience bro..

Don't worry, the price won't go in one straight line..
  • #219,727
  • Apr 20, 2010 6:15am Apr 20, 2010 6:15am
Quoting kill56
salam hi all


what is the damage miss the ride up busy with the doodoo

good news from the UK lets see whats going on
I know higher inflation raises expectation of interest rate hike which is positive for currency (supposebly) but interest rate hikes in weak economy is exactly the opposite of being positive. Just my opinion - newws this morning negative for pound just my thinking...
  • #219,728
  • Apr 20, 2010 6:17am Apr 20, 2010 6:17am
down she goes and 5440/50 not even reached!
  • #219,729
  • Apr 20, 2010 6:18am Apr 20, 2010 6:18am
Hi All
The Market very Predictable
Easy PIPsss Guys
"To Learn how to Dance go with the Rhythm Listen ... "
Inserted Video
  • #219,730
  • Apr 20, 2010 6:20am Apr 20, 2010 6:20am
Quoting lexazver
I know higher inflation raises expectation of interest rate hike which is positive for currency (supposebly) but interest rate hikes in weak economy is exactly the opposite of being positive. Just my opinion - newws this morning negative for pound just my thinking...

theres no way in hell for the UK to raise rate from here till the end of the year a weak pound is rate raise by it self its normal for the cable to spike at the news but its news and the affect will be soon gone king wants a weak cable and me too
  • #219,731
  • Apr 20, 2010 6:20am Apr 20, 2010 6:20am
Quoting lexazver
I know higher inflation raises expectation of interest rate hike which is positive for currency (supposebly) but interest rate hikes in weak economy is exactly the opposite of being positive. Just my opinion - newws this morning negative for pound just my thinking...
Where the price move is not dependent on the news itself but what the traders think the impact of the news. With that said, trading news alone is kinda difficult as we have no direct input of the exact news (non-edited news). Due to that, I think the best way to gauge the market is by doing technical analysis.
  • #219,732
  • Apr 20, 2010 6:22am Apr 20, 2010 6:22am
Quoting egkid
Hi All
The Market very Predictable
Easy PIPsss Guys
"To Learn how to Dance go with the Rhythm Listen ... "
http://www.youtube.com/watch?v=UfFLHexJnUA

salam bro how are u

i did miss the ride up this morning busy with little kill
  • #219,733
  • Apr 20, 2010 6:22am Apr 20, 2010 6:22am
Just bagged 14 pips on a scalp. Good on you Magix. Voodoo Boodoo rulez!
  • #219,734
  • Apr 20, 2010 6:25am Apr 20, 2010 6:25am
Quoting bbakker
Just bagged 14 pips on a scalp. Good on you Magix. Voodoo Boodoo rulez!




alot of doodoo


hit the head or the bottom r/s then no doodoo
  • #219,735
  • Apr 20, 2010 6:25am Apr 20, 2010 6:25am
Quoting A-speculator
Where the price move is not dependent on the news itself but what the traders think the impact of the news. With that said, trading news alone is kinda difficult as we have no direct input of the exact news (non-edited news). Due to that, I think the best way to gauge the market is by doing technical analysis.

I agree with you, A-spec
  • #219,736
  • Apr 20, 2010 6:27am Apr 20, 2010 6:27am
Quoting kill56
king wants a weak cable and me too
hell yeaaaahhh )) but only until August as i need to travel then outside of this island so need a boost for my spending power )
  • #219,737
  • Apr 20, 2010 6:27am Apr 20, 2010 6:27am
Quoting kill56
salam bro how are u

i did miss the ride up this morning busy with little kill
Market always give new chances JUST Listen to The Rhythm to go in right direction
  • #219,738
  • Apr 20, 2010 6:29am Apr 20, 2010 6:29am
Quoting sensei
I agree with you, A-spec

I have heard it said, and have proven it right many times, that the news is already factored in by the main market players long before it is released. This accounts for the anomaly of good news for a currency doesnt necessarily send it skyrocketing in any direction. Cable has been a good example of this. Lousy news for the dollar often sees the dollar strengthening against the pound.
  • #219,739
  • Apr 20, 2010 6:30am Apr 20, 2010 6:30am
Quoting egkid
Market always give new chances JUST Listen to The Rhythm to go in right direction

and what exactly is the rythm telling you now ya basha?

i've been observing your posts lately and i find them to be very informative and useful, keep them coming bro.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #219,740
  • Apr 20, 2010 6:30am Apr 20, 2010 6:30am
Quoting kill56



alot of doodoo


hit the head or the bottom r/s then no doodoo
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