e/u start to drop
Cable Update (GBPUSD)
- #189,183
- Dec 23, 2009 1:55pm Dec 23, 2009 1:55pm
- Joined Oct 2006 | Status: Trader | 4,056 Posts
atheer1
- #189,184
- Dec 23, 2009 1:59pm Dec 23, 2009 1:59pm
- | Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts
"Hate the sin, love the sinner." - Gandhi
- #189,186
- Dec 23, 2009 2:06pm Dec 23, 2009 2:06pm
- | Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts
"Hate the sin, love the sinner." - Gandhi
- #189,188
- Dec 23, 2009 2:28pm Dec 23, 2009 2:28pm
- | Joined Jul 2008 | Status: Trader | 1,010 Posts
No. 1 goal as a trader!...Be able to move the market 400 pips on Christmas day!!!!!!!!!..................... In both directions.
- #189,189
- Dec 23, 2009 2:56pm Dec 23, 2009 2:56pm
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #189,191
- Dec 23, 2009 3:19pm Dec 23, 2009 3:19pm
- | Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts
This time we are in agreement mate.
Am putting on a small buy too.
, daily looks set for an up move tomorrow, a break of 1.60 would drive it higher and a daily close above it give good room for upmove continuation.Merry Christmas to you and your families
"Hate the sin, love the sinner." - Gandhi
- #189,192
- Dec 23, 2009 3:30pm Dec 23, 2009 3:30pm
- Joined Mar 2009 | Status: FX | 3,789 Posts
Agree aswell
Merry Christmas to you and your families
Merry Xmas and a Happy New to you to my friend.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #189,193
- Dec 23, 2009 3:52pm Dec 23, 2009 3:52pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
errr.. that the dollar index might bounce.. and cable could drop further??
1) I like the flag ..... my homeland
2) charts are simple and make a ton of sense
so let me make things less simple for all those trying to buy here....and yes this is an open forum and asl ong as stops are managed ok it does somewhat make sense to expect a reatrcement
However
here is my 60 min see how the wicks on top of candles area high as are wicks on bottom ... major battle right now
then we had that effort to rise and highest 60 min volume in this mix .. the effort to rise got hammered by sellers at 1.5990 once again
Now we move to euro .... it moved 100 pip off support .. it is one of the weakest pairs out there right now . Yet Gu could not even match that performance and is still sitting on same support i left it at 10 hours ago.
Does this show strength or weakness... it is not if we see 1.5725 , but when ... tomorrow ? I doubt it as there will be limited trading in the market.
Blogging daily now at www.volume.zone
- #189,194
- Dec 23, 2009 3:55pm Dec 23, 2009 3:55pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
TG how are you mate?
Merry Xmas and a Happy New to you to my friend.
enjoy!! guys
- #189,196
- Dec 23, 2009 4:01pm Dec 23, 2009 4:01pm
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #189,197
- Edited 4:24pm Dec 23, 2009 4:06pm | Edited 4:24pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Just to quote myself...
USD rally might have found an end
GBPCHF heavly sold, it might support Cable but i think that's just because of the very strong CHF not the pound so I'm seeing Cable up from here.
By the way....sorry for the bullshit picture
rofl i had to laugh at this one ....
wave theory ...waves 1 and 2 form when all are bears still ....
so we get a retrace to MAYBE 76.5 .... big maybe
then from there we move to 84 ..... wave 3 and maybe higher is we have a very impulsive wave 3 ...
think all that volume in dx , highest accumulation for 12 years was designed for a mere $4.5 move ?
Blogging daily now at www.volume.zone
- #189,199
- Dec 23, 2009 4:15pm Dec 23, 2009 4:15pm
- Joined Mar 2009 | Status: FX | 3,789 Posts
happy xmas and new year too u q
enjoy!! guys
NAV Brother
Wishing a Merry Xmas a smashing New Year.
Veni, Vidi, Vici (We came, we saw, we conquered)