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Cable Update (GBPUSD)

  • #296,721
  • Edited 1:48am Jan 5, 2012 12:44am | Edited 1:48am
Quoting iqyu5an
=> google translate
its just like that the price is choosing to move to another battle zone / ranging area .... ;]

http://s19.postimage.org/l52p3twk3/THE_BATTLE_ZONE.gif


i'm still trying to understand about this...

cg
forex... like it, trade it and manage it... get your profit...!!!
  • #296,722
  • Jan 5, 2012 12:50am Jan 5, 2012 12:50am
ooohhh..., I love that fibo and 200ema confluence at 5570 odd. Your getting a little rusty dude, off by 9 pips but then that means my TL is not quite right, so I guess we are even
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  • #296,723
  • Jan 5, 2012 12:52am Jan 5, 2012 12:52am
Quoting Ill-b-back
Well, if you cant see your charts dude, you can check these out and call your broker asking him to put your money on the table. I am watching these TL's on the 1hr chart and your price point (which is a good one by the way - but seems we have already tested 5579 recently). My 4hr indi is the only one that makes sense at the moment and is in confluence with supp/resis and approx. 1hr 200ema at your price point. Good 4hr bullish H&S shaping up. not sure on your 5664 target, I have 5740 odd before we see if the bears will put the bulls to the sword....
i don't use charts, i can post one if you like
  • #296,724
  • Jan 5, 2012 12:56am Jan 5, 2012 12:56am
Quoting PoundTrader
i don't use charts, i can post one if you like
Ha ha, might make a few people in here a little happier
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  • #296,725
  • Jan 5, 2012 12:57am Jan 5, 2012 12:57am
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  • #296,726
  • Jan 5, 2012 12:59am Jan 5, 2012 12:59am
Quoting Ill-b-back
Ha ha, might make a few people in here a little happier
what posting a chart that i don't use to make a trade, ok i will post any chart
  • #296,727
  • Jan 5, 2012 1:47am Jan 5, 2012 1:47am
short at 1.5600 before london open, target 1.5572
  • #296,728
  • Jan 5, 2012 1:56am Jan 5, 2012 1:56am
Quoting PoundTrader
yes 1.5579 will be a good buy with t/p at 1.5664
  • #296,729
  • Jan 5, 2012 1:57am Jan 5, 2012 1:57am
bull @ london open.

according to my system. of course trends can reverse.
  • #296,730
  • Jan 5, 2012 2:02am Jan 5, 2012 2:02am
Quoting Halba
bull @ london open.

according to my system. of course trends can reverse.
Ok ,not confirm 5566 before & so last spike up was likely both cases with more turmoils any before the do , sky flying or before FALLING .
waiting with all now fresh shorts though. so if works ok should be one way journey .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,731
  • Jan 5, 2012 2:08am Jan 5, 2012 2:08am
Quoting fontu
Ok ,not confirm 5566 before & so last spike up was likely both cases with more turmoils any before the do , sky flying or before FALLING .
waiting with all fresh shorts though.
fontu
WALL ST still bullish. GBP nearly 90% correlated with wall street. gbp much more stronger than euro because more correlated with wall st ditto AUDUSD

wall st needs to dip a bit for gbp to go down significant. oil/gold gone up a lot today in asia.
  • #296,732
  • Jan 5, 2012 2:11am Jan 5, 2012 2:11am
Quoting Halba
bull @ london open.

according to my system. of course trends can reverse.

actually it is the opposite to what u think..trends dont change easily the trend is up not down..i have post plenty charts in here to show this
  • #296,733
  • Jan 5, 2012 2:14am Jan 5, 2012 2:14am
DAMN it's hard trying to caculate my numbers with a regular caculator, numbers are off, but i see a t/p around 1.5650.
  • #296,734
  • Jan 5, 2012 2:20am Jan 5, 2012 2:20am
Quoting PoundTrader
DAMN it's hard trying to caculate my numbers with a regular caculator, numbers are off, but i see a t/p around 1.5650.

this area is tough ..need to do this (the damn range u were talking about) if it break through the sum bitch should form support...to take my ass up!!
  • #296,735
  • Jan 5, 2012 2:22am Jan 5, 2012 2:22am
Quoting nAVIN2007
this area is tough ..need to do this (the damn range u were talking about) if it break through the sum bitch should form support...to take my ass up!!
lol
  • #296,736
  • Jan 5, 2012 2:23am Jan 5, 2012 2:23am
Quoting Halba
WALL ST still bullish. GBP nearly 90% correlated with wall street. gbp much more stronger than euro because more correlated with wall st ditto AUDUSD

wall st needs to dip a bit for gbp to go down significant. oil/gold gone up a lot today in asia.
Ok , now no question of correlation , question for survival . wall st to survive then to kell all against without mercy . gold , oil may be resistance more but still ok , all to down for , specially oil may not this time but may follow later .
lets see ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,737
  • Jan 5, 2012 2:31am Jan 5, 2012 2:31am
there she goes playing cat and mouse again.
  • #296,738
  • Jan 5, 2012 2:34am Jan 5, 2012 2:34am
was that a fake out or do you think it will continue to go up
  • #296,739
  • Jan 5, 2012 2:37am Jan 5, 2012 2:37am
Quoting PoundTrader
Why the tears?
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  • #296,740
  • Jan 5, 2012 2:39am Jan 5, 2012 2:39am
Quoting PoundTrader
was that a fake out or do you think it will continue to go up
Fake out for sure, but good indi of where it wants to go. Down to 5570 then up to 5740ish is my view
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