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Cable Update (GBPUSD)

  • #271,641
  • Feb 10, 2011 3:25pm Feb 10, 2011 3:25pm
Quoting Ifty
From a forex point of view nothing has happened... As far as Mubarak is concerned he kept on saying about how he understands his people, the current situation etc but obviously too shameless to step down. He definately doesn't get it. Anyway I pray for ALL the people of Egypt to hopefully get peace and a positive ending to this chaos.
Inshallah.. (forgive my arabic).
All systems of divination, like music itself,work through patterns.
  • #271,642
  • Feb 10, 2011 3:32pm Feb 10, 2011 3:32pm
Quoting kaspopsicle
Inshallah.. (forgive my arabic).
PERFECT Kas. God bless you.
You've got to be IN IT to WIN IT!
  • #271,643
  • Feb 10, 2011 3:33pm Feb 10, 2011 3:33pm
Four powder kegs waiting for a spark.

Dr. D.
Attached Images
  • #271,644
  • Feb 10, 2011 3:52pm Feb 10, 2011 3:52pm
Quoting fourxtrader
Four powder kegs waiting for a spark.

Dr. D.
interesting, MAs comperesing act as a balance tool and Attract the price.
what's your forecast ?
  • #271,645
  • Feb 10, 2011 4:06pm Feb 10, 2011 4:06pm
Quoting fourxtrader
Four powder kegs waiting for a spark.

Dr. D.
My forecasts are to short below 1.6110 to the following targets
1st 16030
2nd 15980
3rd 15880
4th 15750

N.B Resistance Zone is 1.6175 - 1.6110
Please confirm if it fits to your forecasts.
Thanks.
  • #271,646
  • Feb 10, 2011 4:51pm Feb 10, 2011 4:51pm
Quoting me_sa245
interesting, MAs comperesing act as a balance tool and Attract the price.
what's your forecast ?
Forecasting is dangerous and subject to the ridicule
of the lunatic inmate population. I just catch waves.

You'll need to explain your statement...

Technically, MAs don't attract the price but collectively
they seem to attract my attention as 'slightly out of
phase', sometimes illusive reflections of the market's
mood and may often in their repetitive historic patterns
become predictive of future market behavior.

Just my unorthodox view.

Dr. D.
  • #271,647
  • Feb 10, 2011 4:58pm Feb 10, 2011 4:58pm
Quoting Arkian Trade
Hi guys, I had a very bad day on GBPUSD. Really need advice, Were you think its gonna get tonight before last day tomorrow ?, I reckon it will go 1.62+ but thats just me.

Many Thanks
dude.... no wonder you had a bad day...
asking for advice on threads like this... you could get a million answers?

trust only your own proven research...
  • #271,648
  • Feb 10, 2011 5:29pm Feb 10, 2011 5:29pm
Quoting Cobby
dude.... no wonder you had a bad day...
asking for advice on threads like this... you could get a million answers?

trust only your own proven research...
Thank you for these wise words Cobby. I'm out, see you all tomorrow. G/L
All systems of divination, like music itself,work through patterns.
  • #271,649
  • Feb 10, 2011 5:38pm Feb 10, 2011 5:38pm
Quoting Pkurdy
My forecasts are to short below 1.6110 to the following targets
1st 16030
2nd 15980
3rd 15880
4th 15750

N.B Resistance Zone is 1.6175 - 1.6110
Please confirm if it fits to your forecasts.
Thanks.
Forecasting is not what this thread is about. It is about comparing analysis of PA through T/A and F?a errm ...wuz that F.A. ?
Gone.
All systems of divination, like music itself,work through patterns.
  • #271,650
  • Feb 10, 2011 5:44pm Feb 10, 2011 5:44pm
Quoting kaspopsicle
Forecasting is not what this thread is about. It is about comparing analysis of PA through T/A and F?a errm ...wuz that F.A. ?
Gone.
Very thanks to your reply.
Forgive me as I do not understand the terms PA, T/A, F, errm, and wuz.
I am trying to do my best.
Thanks for advise, please keep doing that. I am always listening.
  • #271,651
  • Feb 10, 2011 6:09pm Feb 10, 2011 6:09pm
For my Egyptian brothers... Power to the people! I hope they get what they want! Ffrreedom!


Inserted Video



Bring out the horns!

P.S. From the daily charts, I see further weakness in GU before strength. Good luck with your trading!
  • #271,652
  • Feb 10, 2011 6:19pm Feb 10, 2011 6:19pm
Quoting matlock
The Cable gaining bullish momentum as franc and yen fall:
The Pound is in an interesting position with Yen and Swiss Franc now...just hit ema200 on daily for first time in 3 months against the Franc and is coming up to resistance against the Yen in the form of Sep and Nov highs ... still a way to go for an uptrend confirmation mind
  • #271,653
  • Feb 10, 2011 6:21pm Feb 10, 2011 6:21pm
Quoting bbakker

Bring out the horns!
Well as long as they don't bring out the vuvuzelas , then it's really f**ked
  • #271,654
  • Feb 10, 2011 6:27pm Feb 10, 2011 6:27pm
In regards to the gbpjpy:

A TL I've been watching with much anticipation

http://i1084.photobucket.com/albums/...0_1624_001.png
  • #271,655
  • Feb 10, 2011 6:33pm Feb 10, 2011 6:33pm
Quoting Low
In regards to the gbpjpy:

A TL I've been watching with much anticipation
You think it will see it again? 700 pips gone now ...
  • #271,656
  • Feb 10, 2011 6:37pm Feb 10, 2011 6:37pm
Quoting Low
In regards to the gbpjpy:

A TL I've been watching with much anticipation
nice spot buddy. I was saying yesterday that beast now has wings. Bit of resistance here but by the looks of it, won't be long before she tests 137 level imo
Thank You
  • #271,657
  • Feb 10, 2011 6:38pm Feb 10, 2011 6:38pm
Quoting chazzle
You think it will see it again? 700 pips gone now ...
Monthly charts don't turn on a dime, I would love to get long at a lower price for year long trade.

Otherwise I just wake up every morning and look to see if it's at an attractive level or not.....lol.
  • #271,658
  • Feb 10, 2011 6:52pm Feb 10, 2011 6:52pm
Apart from the weekly, yesterday's close following the whole week's pa is why I am still persisting on staying with the htf & buying. Not talking about scalps here btw.

Good luck to all.
Attached Image (click to enlarge)
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Thank You
  • #271,659
  • Feb 10, 2011 7:03pm Feb 10, 2011 7:03pm
Quoting wormboy
Apart from the weekly, yesterday's close following the whole week's pa is why I am still persisting on staying with the htf & buying. Not talking about scalps here btw.

Good luck to all.
...yep...could well be breezing into a nice uptrend
Attached Image (click to enlarge)
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  • #271,660
  • Feb 10, 2011 8:08pm Feb 10, 2011 8:08pm
2hr TF, Bull flag or upper trendline reject?

Grrr.
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