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Cable Update (GBPUSD)

  • #208,761
  • Mar 22, 2010 9:24am Mar 22, 2010 9:24am
Long tight TS, probably just a scalp no momentum

She just crossed the 365ma on M5, for the first time in a long time. (last friday on the way down)
  • #208,762
  • Mar 22, 2010 9:26am Mar 22, 2010 9:26am
hopefully to dp 1.5086, but minimum to 200ema
  • #208,763
  • Mar 22, 2010 9:27am Mar 22, 2010 9:27am
Hallelujah! Breakout from the 15028 resistance. Retrace from the drop at the end of last week is on! Just got caught the bus in the nick of time!
  • #208,764
  • Mar 22, 2010 9:27am Mar 22, 2010 9:27am
https://lzbh4a.bay.livefilestore.com...bull%20007.jpg
  • #208,765
  • Mar 22, 2010 9:27am Mar 22, 2010 9:27am
Quoting dag777
hopefully to dp 1.5086, but minimum to 200ema
where we now? my internet just kaked!!!
@pawpaw1000 on Twitter
  • #208,766
  • Mar 22, 2010 9:28am Mar 22, 2010 9:28am
Quoting bbakker
Hallelujah! Breakout from the 15028 resistance. Retrace from the drop at the end of last week is on! Just got caught the bus in the nick of time!

Did you at least get off the loo?
  • #208,767
  • Mar 22, 2010 9:29am Mar 22, 2010 9:29am
Quoting pawpaw1000
where we now? my internet just kaked!!!
5043
  • #208,768
  • Mar 22, 2010 9:30am Mar 22, 2010 9:30am
Quoting cloggie
Did you at least get off the loo?
how far we going...

still dont have toomuch confidence after my too BOOMS!
@pawpaw1000 on Twitter
  • #208,769
  • Mar 22, 2010 9:31am Mar 22, 2010 9:31am
Quoting pawpaw1000
where we now? my internet just kaked!!!
1.5038 in themoment of writing
  • #208,770
  • Mar 22, 2010 9:32am Mar 22, 2010 9:32am
Quoting cloggie
Did you at least get off the loo?
No, that's still stuck to my bottom, I was on it for so long I'm permanently glued to it

15045 hurdle to clear next, then the daily trend line ~15090, which is where I will be out with a possible reverse.
  • #208,771
  • Mar 22, 2010 9:32am Mar 22, 2010 9:32am
Quoting pawpaw1000
how far we going...

still dont have toomuch confidence after my too BOOMS!

I am out now, awaiting better entry and better PA, not looking hopeful on M5.

I am going to scalp the retraces on the M1 until we have a better move up.
  • #208,772
  • Mar 22, 2010 9:35am Mar 22, 2010 9:35am
Quoting cloggie
I am out now, awaiting better entry and better PA, not looking hopeful on M5.

I am going to scalp the retraces on the M1 until we have a better move up.
with you on that. Saw that 5min candle stick growing into a monster bear

I'm not particularly fond of the cable today.
@pawpaw1000 on Twitter
  • #208,773
  • Mar 22, 2010 9:36am Mar 22, 2010 9:36am
Quoting pawpaw1000
where we now? my internet just kaked!!!
If your Internet has just kaked, how come you're still managing to post on here? Have you got a special line just for FF
  • #208,774
  • Mar 22, 2010 9:37am Mar 22, 2010 9:37am
Quoting pawpaw1000
with you on that. Saw that 5min candle stick growing into a monster bear

I'm not particularly fond of the cable today.

DJ is up, that should move the dollar down for another rally up on cable. It takes close monitoring today solely because of 1.5 and the huge euro weakness.
  • #208,775
  • Mar 22, 2010 9:38am Mar 22, 2010 9:38am
Quoting bbakker
If your Internet has just kaked, how come you're still managing to post on here? Have you got a special line just for FF
hehe, nah... Its just it takes my platform about 5min to reconnect if I get dropped...

Btw, dont tell my neighbour but I'm now using his wifi...
@pawpaw1000 on Twitter
  • #208,776
  • Mar 22, 2010 9:39am Mar 22, 2010 9:39am
also out, waiting for one more touch of 1.5013/20, then observe PA and maybe do a second long attempt
  • #208,777
  • Mar 22, 2010 9:40am Mar 22, 2010 9:40am
Quoting cloggie
DJ is up, that should move the dollar down for another rally up on cable. It takes close monitoring today solely because of 1.5 and the huge euro weakness.
Wall St must like the Health Bill then. I wonder if it is the med stocks that are getting a boosting today?
  • #208,778
  • Mar 22, 2010 9:41am Mar 22, 2010 9:41am
Quoting bbakker
Wall St must like the Health Bill then. I wonder if it is the med stocks that are getting a boosting today?
Yeah med stocks and insurance companies, they just got 30 million new customers... still need to consolidate with the Senate later this week. miners down on the retrace in gold and oil.
  • #208,779
  • Mar 22, 2010 9:42am Mar 22, 2010 9:42am
RETRACE !!! below 1.5?

Am not taking a short yet, no indication where she is going to stop.
  • #208,780
  • Mar 22, 2010 9:42am Mar 22, 2010 9:42am
Intraday bias remains on the downside with 1.5078 minor resistance intact. As discussed before, choppy recovery from 1.4783 should have completed with three waves up to 1.5381 already. Further fall should be seen to retest 1.4783 low first. Break will confirm that whole decline from 1.6456 is resuming for next target of 200% projection of 1.6875 to 1.5829 from 1.6456 at 1.4364. On the upside, above 1.5078 minor resistance will turn intraday bias neutral and probably bring more consolidations first
@pawpaw1000 on Twitter
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