Dislikedeuro 50 pip correction so far
pound not yet ready to enter correction mode??Ignored
Im sure, resistance 9885, pivot 9796, MA 9794 or 9788 way is DOWN... my entry 9885 TP 9820 DOWN CABLE DOWN !
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Dislikedeuro 50 pip correction so far
pound not yet ready to enter correction mode??Ignored
Dislikedeuro 50 pip correction so far
pound not yet ready to enter correction mode??Ignored
Dislikedthis is not true.
the only time when you start to worry about your longs is when you see a classic bearish divergence on stochastic. which i don't see in this case, so i hold on to my longs and i hope to add some more until we reach the top.Ignored
DislikedIm sure, resistance 9885, pivot 9796, MA 9794 or 9788 way is DOWN... my entry 9885 TP 9820 DOWN CABLE DOWN !Ignored
DislikedWhew you made it again Moe 200+ pips profit not bad for yesterday's trading I was thinking then that I have to wait for your confirmation before I square off my pos once again the COT report was right they dump the $ M planning to re-buy the cable later. What a trade it was!Ignored
Dislikedlooks like gdp might trigger the correction if it was weak. otherwise i dont think technically cable can be stopped.
since weak dollar and strong euro are helping in bullish movement.Ignored
DislikedThe euro should correct in the next 48 hours as well, unless Bernanke says something outrageous during his testimony (e.g. "it won't hurt the economy if we give you two bucks for each one of yours"). It is way overbought and now that everyone have seen it above $1.5, it is time for it take a break. And I mean - come on, when inflation data far exceeds expectations, isn't that a bullish signal for the currency???
Not as bearish on the EU short-term as on cable, though.Ignored
DislikedYa know Scrat you are absolutely correct on that, these indicators are not being used correctly and can be profitable but they are bit lagging for instance if we close below 1.9870 there not telling you there’s a high probability of a retrace back closer to the rising 4hr Tl are they ?Ignored
DislikedThanx for the enlightenment, there's very little on the board for wannabees.
However wouldn't this qualify as bearish divergence? (of course one at that stage one doesn't know the big rise is coming).
Or could you post an example of the divergence you are referring to?
TIAIgnored
DislikedThey are cutting rates and still plan on doing so) and will continue to be until there is a turnaround in the housing sector.Ignored
QuoteDislikedInflation can be caused by alot of stimuli, the most volatile component of inflation right now is CRUDE but, we are adjusting to this and unless crude consistently stays above $100 a barrel, inflation comes second to growth. In other words, if prices are high (inflation) people will still spend money, granted it would not be as much but if growth is the problem, how can people spend what they dont have