Okay....
I'm not saying cable cannot (or won't) go up this week. But CīMON, a 6th bullish weekly candle in a row, 660 pips up?
I'm trading crossdressed for an entire year if that happens.
And I'll post my pictures daily here....
Timetable to withdraw troops from iraq is sceduelled ...not before spring (that means next year), cnn today....i didnt say it wont go down,....it cant go just up...but its trading bulish, i wouldnt be buying on all time highs, BUT if 366 goes i WILL.
... USD already doomed.... ;D
Short term it may retract, long term it has to go further since it broke 1990,92, and 2007 highs, and we are at all time other than 1980 (approx 2.5000).
me, as a short term i am short gbp with tight sl(above around 0365 and ofcourse bs at ther other end...if it ever gets hit (several brokers) due to fast moving price.
either way: I see
me, as a short term i am short gbp with tight sl(above around 0365 and ofcourse bs at ther other end...if it ever gets hit (several brokers) due to fast moving price.
either way: I see
i wouldnt be buying on all time highs, BUT if 366 goes i WILL.
believe me... cable will never go down again... it won't visit the area below 2.0200 ever... bye-bye forever to area below 2.0000... cable has found a new playground... between 2.0300 to 2.1000... and it will stay in that area forever and ever....
Soros, you remind me free444, but upside down. Just hope you don't have the same fate.
Although I do agree long-term, and even short-term at the moment, the US$ is bearish, I get a kick out of the US$ bashers. Iran switching to Yen etc etc. Who f...... cares. Oh, but they are a major oil exporter. So. They are also a major importer of refined crude. LOL. And they are not a major economy but any measure.
Face it, the US is addicted to debt but the rest of the world is addicted to the US$. I'll admit it. Will you? No, everyone always likes to try to topple the big guy.
In the end the only reason the euro and cable are going up is because of the US$ going down. Not because of any great strength on the continent.
Now does that matter to me as far as how to trade. No. I trade what the chart is doing and nothing else.
UJ will be banging 125+ and Iran will be back to the greenback like a thirsty dog.
news does not matter to you eh? what do you mean by who the f cares?
you can use all the technicals but you should still care about rumors and news to have an idea why the break out is occuring to your charts.
but again each to his own as you may be succesful without knowing the news...but you can not say who cares because it will give you a reason as to why the technicals are occuring at this moment.
iran rumor (though the a$$ wipe government is full of crap), will affect some how short term conditions. ...so will other news.
one thing i know is that if it must move past the current resistance then it will go long ways.
if it must bounce back, it will still go long ways
Though, I have to admit, it isn't likely to me either.
