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Cable Update (GBPUSD)

  • #207,881
  • Mar 19, 2010 7:00am Mar 19, 2010 7:00am
Quoting nAVIN2007
i just wanted to point something out!

if your a technical analyst, then your always going to get in early, fundamentals come afterward, as technical analysis leads to forecast fundamentals..at least thats the way i see it

USD has been diluting currency like a mofo..thats gotta have some effect..

as far as im concerned, i only listen to my charts..nothing else

Same here, I trade the charts. I do keep a long term account where I hold my trades for a lot longer based on tech+fundamentals, intra day I trade tech.
  • #207,882
  • Mar 19, 2010 7:04am Mar 19, 2010 7:04am
Quoting 5abi
what a drop...
Yes, GBPCAD is a nice pair to trade right now. Good Canada economy, rising oil and veeery weak pund= good parameters
  • #207,883
  • Mar 19, 2010 7:08am Mar 19, 2010 7:08am
3rd rejection of 5160, Closed my long scalp. standing by, M15 is now looking like a continuation.
  • #207,884
  • Mar 19, 2010 7:12am Mar 19, 2010 7:12am
oi, the noob is back!!!

look at swissy! possible dollar strength?

Short looking good if we can break 5130 level?
@pawpaw1000 on Twitter
  • #207,885
  • Mar 19, 2010 7:14am Mar 19, 2010 7:14am
Quoting pawpaw1000
oi, the noob is back!!!

look at swissy! possible dollar strength?

Short looking good if we can break 5130 level?

In my humble opinion 5126 needs to break for a continuation, 5160 needs to go for an intermediate reversal.
  • #207,886
  • Mar 19, 2010 7:14am Mar 19, 2010 7:14am
Quoting bbakker
Ditto. Couldn't resist!

dam i love my eitchy fingers 59 was too sexy
  • #207,887
  • Mar 19, 2010 7:15am Mar 19, 2010 7:15am
Quoting Reznik
Been holding LONG since London open... Ha!! And will go add LONG at the right price. Cable Bulls are back!!

Don't tell me how much you can earn. Tell me how much you may lose..
  • #207,888
  • Mar 19, 2010 7:17am Mar 19, 2010 7:17am
Quoting cloggie
In my humble opinion 5126 needs to break for a continuation, 5160 needs to go for an intermediate reversal.
yeah, couldnt pinpoint the exact value...

how do you do that. I took the close of candles and they were at 5130... You take the lows? that would be 26?
@pawpaw1000 on Twitter
  • #207,889
  • Mar 19, 2010 7:19am Mar 19, 2010 7:19am
dixy update
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  • #207,890
  • Mar 19, 2010 7:19am Mar 19, 2010 7:19am
Quoting wormboy
Jeff, 5141. Promise kept
Wormboy,

You are the S T U D !
I'll post it again, when you're in the 'house'...!
I fired up the Machine too exhausted from working both jobs
of this and the brown bag one & "lOOky there" 1.5140!

You the man...
'May check in later. -Your numbers are quite percise,
my man. 'Will HollA at you all later,

Have a great morning,
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
  • #207,891
  • Mar 19, 2010 7:21am Mar 19, 2010 7:21am
Quoting pawpaw1000
yeah, couldnt pinpoint the exact value...

how do you do that. I took the close of candles and they were at 5130... You take the lows? that would be 26?

Yeah, you take the low
  • #207,892
  • Mar 19, 2010 7:21am Mar 19, 2010 7:21am
Quoting TerpFan2
Wormboy,

You are the S T U D !
I'll post it again, when you're in the 'house'...!
I fired up the Machine too exhausted from working both jobs
of this and the brown bag one & "lOOky there" 1.5140!

You the man...
'May check in later. -Your numbers are quite percise,
my man. 'Will HollA at you all later,

Have a great morning,
Terrapin Pipper,

Jeff !
ITS NOT HIM its rayn

my baby moving at long last..
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  • #207,893
  • Mar 19, 2010 7:24am Mar 19, 2010 7:24am
Quoting cloggie
In my humble opinion 5126 needs to break for a continuation, 5160 needs to go for an intermediate reversal.

for me 1.5165 for long
and 1.5125 for short
base on H1
  • #207,894
  • Mar 19, 2010 7:26am Mar 19, 2010 7:26am
Nice bearish formation forming on the M15, let's see if it completes with this candle's close.
  • #207,895
  • Mar 19, 2010 7:37am Mar 19, 2010 7:37am
Quoting cloggie
Nice bearish formation forming on the M15, let's see if it completes with this candle's close.
sorry for being a nusance but which formation did you spot and how do you know when it completes?

if u dont have time to answer, np...
@pawpaw1000 on Twitter
  • #207,896
  • Mar 19, 2010 7:40am Mar 19, 2010 7:40am
Quoting pawpaw1000
sorry for being a nusance but which formation did you spot and how do you know when it completes?

if u dont have time to answer, np...
15 min is capped by the 10ma
  • #207,897
  • Mar 19, 2010 7:41am Mar 19, 2010 7:41am
Quoting cableboy
15 min is capped by the 10ma
sorry 20 ma
  • #207,898
  • Mar 19, 2010 7:41am Mar 19, 2010 7:41am
Quoting cloggie
Fundamentally there is no reason to go long, technically it is supported. BA is striking this weekend the RMT just voted to strike nationally this is going to hurt the economy both in real pounds and in reputation.

Looks good to go down... So happy Bear time!! Whose is with me?
  • #207,899
  • Mar 19, 2010 7:44am Mar 19, 2010 7:44am
Quoting cableboy
sorry 20 ma
aaah, I see...

so which other sma do u use and why 20 and not say 30?
@pawpaw1000 on Twitter
  • #207,900
  • Mar 19, 2010 7:46am Mar 19, 2010 7:46am
Quoting Reznik
Looks good to go down... So happy Bear time!! Whose is with me?
left 2hrs ago and nothing much has changed. told my self i was out for the day but am tempted to short. if the next 5 min attempt to break 20ma fails im gonna go short.
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