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Cable Update (GBPUSD)

  • #121
  • Nov 22, 2006 7:23pm Nov 22, 2006 7:23pm
Is anyone going long on cable over 9140 or euro over 2940? Or does everyone think its to risky? and up for a retracement for sure? That was quite an article from Dailyfx about volatility shed some light on the subject which i didnt even know existed seeing as im new to this
Ghost Swoopen in for my pips while no one is lookin !!
  • #122
  • Nov 22, 2006 8:33pm Nov 22, 2006 8:33pm
Finally... going down I hope... 5 ema crossed below the 20 ema heading for the 60 ema... so great if 20 ema follows and heads for the 60 ema too.

MACD is at zero line... good sign of things going down !!!

Man what a day !!!
  • #123
  • Nov 22, 2006 8:47pm Nov 22, 2006 8:47pm
Ghostpipper, I donīt see more USD selling for the coming days. I wouldnīt go long now. GBPSUSD and EURUSD have found a top here, at least for the time being.
  • #124
  • Nov 22, 2006 10:12pm Nov 22, 2006 10:12pm
Don't be so excited. The market is play tricks with us.



Quoting Tiki Trader
Finally... going down I hope... 5 ema crossed below the 20 ema heading for the 60 ema... so great if 20 ema follows and heads for the 60 ema too.

MACD is at zero line... good sign of things going down !!!

Man what a day !!!
"Invest With The Insiders, Not The Masses" George Muzea
  • #125
  • Nov 22, 2006 10:14pm Nov 22, 2006 10:14pm
Quoting Moe
The market left a big ass footprint last night and the night before with those crazy ass spikes thats what my system does it checks thoes footprints/dna and matches it up with previous ones and that how i get my buy or sell signal, so it doesn't matter what kind of news comming out and it damn sure don't use charts if the market makes a footprint my system is all over it. something that has never been done before, i still say to myself i don't believe this shits works. thanks mr. adiar it tuly take a rocket science to come up with some stuff like that, pure genuis
Moe do you mind me asking what this is about, thanks
  • #126
  • Nov 22, 2006 10:25pm Nov 22, 2006 10:25pm
Watch out guys, the up trend has just starting again. And I just found out that the market is still in oversold condition. I read it at fxdaily.com.
  • #127
  • Nov 22, 2006 11:00pm Nov 22, 2006 11:00pm
do u mean overbought?
  • #128
  • Nov 22, 2006 11:39pm Nov 22, 2006 11:39pm
Quoting enoc2g
do u mean overbought?
No, it's oversold. Read it at dailyfx.com, SSI-Extreme short positioning signals dollar weakness. They have indicator or ratio ( I don't know what to call it) that shows GBPUSD oversold by -4.58.
  • #129
  • Nov 23, 2006 12:17am Nov 23, 2006 12:17am
Quoting alpin
No, it's oversold. Read it at dailyfx.com, SSI-Extreme short positioning signals dollar weakness. They have indicator or ratio ( I don't know what to call it) that shows GBPUSD oversold by -4.58.
sad news for me ... i really dont need it to go up anymore
  • #130
  • Nov 23, 2006 12:24am Nov 23, 2006 12:24am
there might be some money here this mourning
If I Go Broke Trying Then I Will die happy.
  • #131
  • Nov 23, 2006 12:32am Nov 23, 2006 12:32am
Hello,

Lately, this pair has been tough to trade. Since the 17th, it has moved significantly to the upside -- about 300 pips. It will probably consolidate for a spell could be a week or more -- unless some news helps it one way or the other.

I will wait until I see better chart patterns in my SW. Just my 2 pips.


Ronny C.
  • #132
  • Nov 23, 2006 12:33am Nov 23, 2006 12:33am
Quoting Moe
there might be some money here this mourning
Long or short?
  • #133
  • Nov 23, 2006 12:40am Nov 23, 2006 12:40am
Quoting alpin
Long or short?
don't know yet. my system is checking it out.
If I Go Broke Trying Then I Will die happy.
  • #134
  • Nov 23, 2006 12:44am Nov 23, 2006 12:44am
Quoting Moe
don't know yet. my system is checking it out.
Please post your result after you got it. We're waiting for you .
  • #135
  • Nov 23, 2006 12:49am Nov 23, 2006 12:49am
Quoting alpin
Please post your result after you got it. We're waiting for you .
We're waiting for you . should i run
If I Go Broke Trying Then I Will die happy.
  • #136
  • Nov 23, 2006 12:58am Nov 23, 2006 12:58am
Moe, I thought you were done for the week!! For my 2 cents worth, I am showing neutral on short term with an overbought condition on the longer time frames. No indications to enter at this time. Kenny
  • #137
  • Nov 23, 2006 1:00am Nov 23, 2006 1:00am
Quoting Moe
We're waiting for you . should i run
Don't have to, just play cool like you always do .
  • #138
  • Nov 23, 2006 1:04am Nov 23, 2006 1:04am
Quoting fxkenny
Moe, I thought you were done for the week!! For my 2 cents worth, I am showing neutral on short term with an overbought condition on the longer time frames. No indications to enter at this time. Kenny
My system woke me up! so i have to check it out, there allways time to make a little money.
If I Go Broke Trying Then I Will die happy.
  • #139
  • Nov 23, 2006 1:06am Nov 23, 2006 1:06am
sorry guys false signal. no trade for me.
If I Go Broke Trying Then I Will die happy.
  • #140
  • Nov 23, 2006 1:28am Nov 23, 2006 1:28am
Quoting Moe
sorry guys false signal. no trade for me.
Moe I already read all your posts and I just realize that your forecast never miss . Even when all the indicators and the news shown the other way. Wow how can you do that? Btw have you give a name for your system? If haven't named it how about call it COOL SYSTEM since you always chill .
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