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- muthusai2000 replied Mar 19, 2009
Count me in that list buddy. I wonder after all the chart scanning, trend lines, pivots, fibs, mov avgs.........the final blow is from a news ! As a newbie this makes me think why all these technicals fail against the fundamental.
Cable Update (GBPUSD)
- muthusai2000 replied Mar 18, 2009
Abu, Mohfaid, Tradingweels, Wormboy, Shiva ...Thank you all for your explanations. Humbly appreciated. Muthu.
Cable Update (GBPUSD)
- muthusai2000 replied Mar 18, 2009
Thanks Shiva. When data was not good for pound three hours before usa open it behaved the way it should. However, when data was good for dollar it goes exact opposite way. No wonder it is Wild Wild forex
Cable Update (GBPUSD)
- muthusai2000 replied Mar 18, 2009
May I ask someone to please explain to a novice what is the reasoning behind the huge spike upwards when data was in favor of dollar during usa open ? I see few pin bars now. Does it convey market getting ready to plunge down again. Please ...
Cable Update (GBPUSD)
- muthusai2000 replied Mar 17, 2009
PipLand: Thank you for your clarification. Appreciated.
Cable Update (GBPUSD)
- muthusai2000 replied Mar 17, 2009
Hi Pipland, Did you mean dollar is getting strengthened because of this ? Pls clarify Thanks.
Cable Update (GBPUSD)
- muthusai2000 replied Mar 17, 2009
I am holding on shorts. Once the ripples from news clears up. I see cable moving deep down south. Again...we never know until it happens. Keeping fingers crossed.
Cable Update (GBPUSD)
- muthusai2000 replied Mar 17, 2009
Hello, Please correct me if i am wrong. If the news from US is bad, will it not push it back up. I hope the bears do not get slaughtered again !
Cable Update (GBPUSD)
- Posts by Member Search: 'muthusai2000'