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- readerFX replied Jul 10, 2009
Traps, fake moves, damn it be careful guys. There is no rule, no chart, no real bull or bear at the moment. London guys picking a direction which is more profitable for them. Shouting 5800 all together is not helping either. Remember 2 days ago ?
Cable Update (GBPUSD)
- readerFX replied Jun 25, 2009
Volumes going down, this means big boys are not interested selling more (for now). They got fueled up and just relaxing, getting their beers and watching GBP to recover from this shit hole. Easy pips heh ?
Cable Update (GBPUSD)
- readerFX replied Jun 25, 2009
I'm with you on this, since it's heavily oversold on 1H chart.. Yesterday RSI (85/15 on 1H chart) didn't fail me, let's see. It will move up-down few times and rocket up to new highs, it may take 2-3 hours to clearly move up though. This is my ...
Cable Update (GBPUSD)
- readerFX replied Jun 24, 2009
Something not smells right
Cable Update (GBPUSD)this thing is moving around like headless chicken damnit
- readerFX replied Jun 24, 2009
At last real bear showed up.. I hope it's not a trap lol
Cable Update (GBPUSD)
- readerFX replied Jun 24, 2009
1 hour forming a hammer, or maybe a doji, still 4 mins to finish though.
Cable Update (GBPUSD)
- readerFX replied Jun 24, 2009
Yea, I was using 85 / 15 but he is right, still some false signals (not too much) and also need to enter trade when curve turns back down.
Cable Update (GBPUSD)
- readerFX replied Jun 24, 2009
1 hour overbought.. Trade line not broken (yet)... Going short @ 1.6557 target 1.62300 Don't follow me, i'm just testing RSI reliability.
Cable Update (GBPUSD)
- readerFX replied Jun 23, 2009
Bears won't be able to make it today in my opinion. Due to big manipulation going on with Euro... But, i will wait to see what happens after NY open...
Cable Update (GBPUSD)
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