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Cable Update (GBPUSD)

  • #280,641
  • Jun 3, 2011 2:47pm Jun 3, 2011 2:47pm
gbp/usd now print a new high...next target 1.6495

see you next week...
  • #280,642
  • Jun 3, 2011 4:23pm Jun 3, 2011 4:23pm
Quoting sphinx8
1.642 would be nice weekend


wow, my voice was heard

sad cant say the same about the crazy Euro bull, wish we had some grizzly in Europe ...... but we literally have just "shit "virus now
  • #280,643
  • Jun 3, 2011 4:26pm Jun 3, 2011 4:26pm
Quoting redbeben
the only good move I can see now is a long with TP 1.73
but I wait for a lower level to buy.we might go down to 1.60 even lower


not that I would guestion your magic bowl but are we still up for 1.60 first?
  • #280,644
  • Jun 4, 2011 4:20am Jun 4, 2011 4:20am
n0t yet f0r KamehameHa ..

Attached Image (click to enlarge)
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spirit 0f pipping
  • #280,645
  • Jun 4, 2011 5:40am Jun 4, 2011 5:40am
Looking at H4, 3 attempts to break support and the last one was a success only to see it flew back to 6400ish. I expect to see some pullback this Monday before going long. We have 2 bank holidays so expect the market to be a bit slow. We're probably back to test 6700 again but time will tell us.
  • #280,646
  • Jun 4, 2011 9:44am Jun 4, 2011 9:44am
http://lcchong.files.wordpress.com/2...ng?w=877&h=399

http://lcchong.files.wordpress.com/2...ng?w=877&h=397

http://lcchong.files.wordpress.com/2...ng?w=877&h=397
  • #280,647
  • Jun 5, 2011 5:47pm Jun 5, 2011 5:47pm
GU surprisingly active at this time?
smells fishy
  • #280,648
  • Jun 6, 2011 12:11am Jun 6, 2011 12:11am
simply 123 pattern confirm reversal
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  • #280,649
  • Jun 6, 2011 12:35am Jun 6, 2011 12:35am
in may this appeared on Telegraph Bank of England must raise interest rates this year, OECD warns

The Bank of England should start raising interest rates this year to keep rising inflation in check, one of the world's leading economic authorities warned today.

we all knew the outcome(no interest rate raised).....yet though it sounds like rates need to be raised urgently.


Latest Telegraph article on BOE interest


Raising interest rates now 'would destroy Bank of England's credibility'

The Bank of England would destroy the "last vestiges" of its credibility if it raised interest rates this week, according to new analysis which counters suggestions that rising prices will force policy-makers to act soon.

do u still believe them?
I take this as a good indicator for rate to be raised..
what do u think?
  • #280,650
  • Jun 6, 2011 12:44am Jun 6, 2011 12:44am
Quoting dashlat
simply 123 pattern confirm reversal
Good morning Sir. I agree with you. How far do you think it will go south?

Please help!
  • #280,651
  • Jun 6, 2011 1:29am Jun 6, 2011 1:29am
Quoting cheagil
in may this appeared on Telegraph Bank of England must raise interest rates this year, OECD warns

The Bank of England should start raising interest rates this ye....................

do u still believe them?
I take this as a good indicator for rate to be raised..
what do u think?

im a trader, i read charts
90% of traders use TA, indicators and prediction
  • #280,652
  • Jun 6, 2011 1:34am Jun 6, 2011 1:34am
if you haven't bought the gbp/usd yet, it's time to get in. Otherwise, you will miss the boat....

follow my signals on my journal
http://www.forexfactory.com/showthre...254704&page=34
  • #280,653
  • Jun 6, 2011 1:36am Jun 6, 2011 1:36am
this thing is going up.

will go up until won't breake a main level.

touched 6460 consolidating now 6400 n 6420
90% of traders use TA, indicators and prediction
  • #280,654
  • Jun 6, 2011 1:56am Jun 6, 2011 1:56am
Quoting _BBKing_
im a trader, i read charts
  • #280,655
  • Jun 6, 2011 2:13am Jun 6, 2011 2:13am
Quoting _BBKing_
im a trader, i read charts

Wise word BBking...

cheers...
  • #280,656
  • Jun 6, 2011 2:26am Jun 6, 2011 2:26am
Quoting _BBKing_
im a trader, i read charts
100% agreed only that there is yet a chart to determine interest rate and i am only talking abt interest rate
share me the chart if you have one
  • #280,657
  • Jun 6, 2011 2:48am Jun 6, 2011 2:48am
Long @ 1.6425
SL @ 1.6402
  • #280,658
  • Jun 6, 2011 3:13am Jun 6, 2011 3:13am
I hope it will go down soon, have an open trade already for 3 hours.
  • #280,659
  • Jun 6, 2011 4:12am Jun 6, 2011 4:12am
hi, i think it would go down below daily pivot to test b4 rising. 4 now no long entry confirmed yet even though all indicators in the long term points to uptrend. I am waiting to enter between 1.6379 or less 1.6354 at the most. watching if breached.excepcet it decides to move b4 then.


Quoting josef
I hope it will go down soon, have an open trade already for 3 hours.
  • #280,660
  • Jun 6, 2011 4:22am Jun 6, 2011 4:22am
Where are the charts, instead of trade calls and "I hope this will happen" etc? Might as well talk about what we had for breakfast. I would post a chart if anyone would be interested.
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