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Cable Update (GBPUSD)

  • #210,021
  • Mar 25, 2010 6:56am Mar 25, 2010 6:56am
Quoting cloggie
Aren't Ma's wonderful?
they are quite interesting

reckon she will wait for news before making a significant move....
@pawpaw1000 on Twitter
  • #210,022
  • Mar 25, 2010 6:59am Mar 25, 2010 6:59am
We just had the first hit of obamarama's wealth care plan, Caterpillar announced that an increase of tax in their subsidy to their workers for medicine will cost them 100MM annually. Anyone who still thinks that SME's will not be affected by this live in cuckoo land. Cat has indicated it may have to let people go again. So there is your true cost of the plan.
  • #210,023
  • Mar 25, 2010 6:59am Mar 25, 2010 6:59am
Quoting Privet
I SO want downtrend (before 1.478). please give me it!
i am working on it
Attached Image
  • #210,024
  • Mar 25, 2010 7:00am Mar 25, 2010 7:00am
Quoting pawpaw1000
they are quite interesting

reckon she will wait for news before making a significant move....

Put up the 25ma as your LTL on M15 watch the pa pierce it and as long as it stays below it we have a good indication of a bearish reversal.
  • #210,025
  • Mar 25, 2010 7:02am Mar 25, 2010 7:02am
Quoting kill56
i am working on it
thank you. thous are for you
Attached Image
  • #210,026
  • Mar 25, 2010 7:03am Mar 25, 2010 7:03am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
He means his SL @ 4915...


ta
ams

Quoting bonus76
what do u mean buy 4915? enter there or short there
  • #210,027
  • Mar 25, 2010 7:03am Mar 25, 2010 7:03am
thanks god, i could close my shitty fibre trade (long) from yesterday slightly green, but was sweating after the downgrade news of Portugal/Spain in the morning.
  • #210,028
  • Mar 25, 2010 7:04am Mar 25, 2010 7:04am
Quoting cloggie
Put up the 25ma as your LTL on M15 watch the pa pierce it and as long as it stays below it we have a good indication of a bearish reversal.
already got it up

I have been taking notes sire...
@pawpaw1000 on Twitter
  • #210,029
  • Mar 25, 2010 7:07am Mar 25, 2010 7:07am
Quoting pawpaw1000
already got it up

I have been taking notes sire...
also have the 150 sma crossing at this point so will be crucial
@pawpaw1000 on Twitter
  • #210,030
  • Mar 25, 2010 7:08am Mar 25, 2010 7:08am
Quoting pawpaw1000
also have the 150 sma crossing at this point so will be crucial

You got it, if neither goes this is a fake out and the bulls win. You need patience though, it may take a few stabs at it or bounce clean off it and reverse.
  • #210,031
  • Mar 25, 2010 7:08am Mar 25, 2010 7:08am
Quoting samdani786
I prefer the down side
h1 chart
Attached Image (click to enlarge)
Click to Enlarge Name: gy h1.gif Size: 21 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #210,032
  • Mar 25, 2010 7:10am Mar 25, 2010 7:10am
Quoting antic81
Im still sticking in there...barely my stop is at 4920, just below the DP, its a good exercise in discipline on my part, even if it goes against, still better than my trades yesterday.
which way you going ant
  • #210,033
  • Mar 25, 2010 7:10am Mar 25, 2010 7:10am
quick question cloggs,

did you draw the top of your fib from 5083 or from 5110???

not sure whether that dip is a drop on its own???
@pawpaw1000 on Twitter
  • #210,034
  • Mar 25, 2010 7:11am Mar 25, 2010 7:11am
Quoting pawpaw1000
quick question cloggs,

did you draw the top of your fib from 5083 or from 5110???

not sure whether that dip is a drop on its own???
51066
  • #210,035
  • Mar 25, 2010 7:13am Mar 25, 2010 7:13am
been making mistakes all morning.. patiently waiting for the news...
  • #210,036
  • Mar 25, 2010 7:14am Mar 25, 2010 7:14am
Quoting cloggie
51066
great, so yoou dont count that 1st little spike as a new drop...

so I was right in saying we reached the 50% retracement and so we shuld be seeing LOWLOWLOW lows if we can break downward resistance. Hoping for news
@pawpaw1000 on Twitter
  • #210,037
  • Mar 25, 2010 7:16am Mar 25, 2010 7:16am
Us gonna need some good figures to go into the tbill sales with. Need to give investors some confidence and obamarama needs to calm fears of his health bill...

Lets hope the US pull a brown on us
@pawpaw1000 on Twitter
  • #210,038
  • Mar 25, 2010 7:18am Mar 25, 2010 7:18am
Quoting digger1
which way you going ant

Still hanging onto my long, was in at 4961, stop 4920 TP around the 5000 area depending on the PA at that level, with the potential of 5040...all looking rather fanciful at the moment I'm afraid...got news to make or break me I guess.

If I am still around in 12 mins...
  • #210,039
  • Mar 25, 2010 7:20am Mar 25, 2010 7:20am
Today is a good day in the room, plenty of people making calls with their reasoning without being jumped on by others with a different opinion. Junior traders are maturing and we are all enjoying ourselves.

All are freely admitting mistakes and errors and learning from both our good and bad trades.
  • #210,040
  • Mar 25, 2010 7:21am Mar 25, 2010 7:21am
bear
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