I only trade XAU/USD. Based on USD news & Fib SR & BB20
Cable Update (GBPUSD)
- #183,087
- Nov 16, 2009 8:45am Nov 16, 2009 8:45am
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
When life gives you lemons, make lemonade
- #183,089
- Nov 16, 2009 8:48am Nov 16, 2009 8:48am
EURGBP as expected, now stand aside
EURUSD as expected, awaiting possible buy on retrace
GBPUSD as expected
USDZAR as expected
USDCAD missed the trade
USDJPY as expected
GBPJPY as expected
EURJPY as expected
AUDUSD as expected
- #183,091
- Nov 16, 2009 8:52am Nov 16, 2009 8:52am
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
thanks for opinion. i will consider your "expected" opinion
EURGBP not confirmed but favoring upwards 0.8950 then 0.8962
EURUSD no clear direction (stand aside)
GBPUSD no clear direction (stand aside)
USDZAR no clear direction (stand aside)
USDCAD waiting for more retrace for possible sell, target adjustable 1.0395 then 1.0393
USDJPY waiting for retrace for possible sell, no target defined yet
NZDUSD waiting retrace for possible buy, no target defined yet
GBPJPY no where to go (stand aside)
EURJPY no clear direction (stand aside)
AUDUSD (stand aside)
When life gives you lemons, make lemonade
- #183,093
- Nov 16, 2009 9:23am Nov 16, 2009 9:23am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Man it really is quite today.
A lot of the bullish days, a room that has a bearish tendency typically goes silent as folk are taking a moment of silence for their accounts and praying for better days.
Just a thought...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #183,095
- Nov 16, 2009 9:24am Nov 16, 2009 9:24am
- | Joined Oct 2009 | Status: Pip-the seed of a tree | 129 Posts
Bit of a brain numbing day n'est pas. Risk ratio too great too take any satisfactory trades unless you like playing dice!. Will use time to brush up on candle deciphering and the like.
Difficult to gauge what the market will do. Would seem that there is an interesting correalation between usd/jpy and usd/cable. Both having a choppy ride but in opposite directions, which would suggest general trend for GU is upwards. However at present I am definitely not putting money where my mouth is. 16750 as all have said is proving a strong resistance level.
However I believe that GU's rightful place at present is around 16850 calculated by taking out the nasty news spike a few weeks back then extrapolating the data foward, but see another choppy ride to reach that area
Have I started rambling? ... I better stop
Chum
Difficult to gauge what the market will do. Would seem that there is an interesting correalation between usd/jpy and usd/cable. Both having a choppy ride but in opposite directions, which would suggest general trend for GU is upwards. However at present I am definitely not putting money where my mouth is. 16750 as all have said is proving a strong resistance level.
However I believe that GU's rightful place at present is around 16850 calculated by taking out the nasty news spike a few weeks back then extrapolating the data foward, but see another choppy ride to reach that area
Have I started rambling? ... I better stop
Chum
- #183,096
- Nov 16, 2009 9:38am Nov 16, 2009 9:38am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #183,100
- Edited 9:58am Nov 16, 2009 9:54am | Edited 9:58am
- | Joined Jul 2009 | Status: Trader | 61 Posts
Careful bulls, 30min, 1h and 4h stochastic building up an alignment for the hours ahead!
Only the daily stoch. is in the lows but still can build an “dead cat bounce”.
(And keep in mind, Mr. Bernanke wants shortly to give us a hint to his planned 10% rate cut )
Seismo
Only the daily stoch. is in the lows but still can build an “dead cat bounce”.
(And keep in mind, Mr. Bernanke wants shortly to give us a hint to his planned 10% rate cut
) Seismo
There are three kind of lies: lies, damned lies and statistics.