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Cable Update (GBPUSD)

  • #214,581
  • Apr 8, 2010 7:52am Apr 8, 2010 7:52am
Quoting 4xStar
Now that is cute!
and thread relevant! Two birds with one stone, you can't get a better avatar than that. (Busily changing mine to this one )
  • #214,582
  • Apr 8, 2010 7:52am Apr 8, 2010 7:52am
cable, stop bouncing up and down dammit!
  • #214,583
  • Apr 8, 2010 7:52am Apr 8, 2010 7:52am
Quoting kill56
dont forget the man with van
you called?
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Thank You
  • #214,584
  • Apr 8, 2010 7:53am Apr 8, 2010 7:53am
Quoting 4xStar
you're a preacher as well?
what's wrong with my attitude?? Look first to yourself, lady.


i did not talk about you start...you are good person..,it's a misunderstood.
i use your post to talk with the others, ok? misunderstood...
I will be the number one Manager.
  • #214,585
  • Apr 8, 2010 7:53am Apr 8, 2010 7:53am
OK back to boring cable ... according to my rules I can only go short now so I am short from .5211, one very tiny position as I see no real confirmation of anything at the moment.
Just to keep from expiring from boredom, I also have a short on GY. Stop above the 200 ema on 5 min.
******************* I'd rather make money than be right.
  • #214,586
  • Apr 8, 2010 7:54am Apr 8, 2010 7:54am
Quoting javapips
i did not talk about you start...,it's a misunderstood.
i use your post to talk with the others, ok? misunderstood...

What? no catfight?
  • #214,587
  • Apr 8, 2010 7:54am Apr 8, 2010 7:54am
Quoting bbakker
This is a very strange correlation and I did not really believe it until I started trading cable and now that I have seen it so often with my own two eyes, it does beg that question. More reseach coming up me thinks!

this is because the state of world economy at the moment. If top economy (USA) comes out with bad data people start questioning recovery and risk apetite goes down...people invest in treasuries for some kind of return and shine away from risky assests and dollar goes up.

in the bull cycle its the opposite becuase when bad news comeout in one country everyone just invests somewhere else lowering the value of currency with bad news, as those ''other countries'' provide better fundamentals (relatively speaking of course)..
  • #214,588
  • Apr 8, 2010 7:54am Apr 8, 2010 7:54am
Quoting kill56
they are busy bro
the simple bear necessities.
  • #214,589
  • Apr 8, 2010 7:54am Apr 8, 2010 7:54am
Quoting wormboy
you called?
Quality
  • #214,590
  • Apr 8, 2010 7:56am Apr 8, 2010 7:56am
weakness at 1.5230 ....

last weeks close 1.5190 , under that is major weakness with downside target 1.5100 this session.

GU having issues going anywhere right now likely waiting for US open

Attached Image (click to enlarge)
Click to Enlarge Name: chart2062.png Size: 216 KB
Blogging daily now at www.volume.zone
  • #214,591
  • Apr 8, 2010 7:56am Apr 8, 2010 7:56am
Quoting javapips
i did not talk about you start...you are good person..,it's a misunderstood.
i use your post to talk with the others, ok? misunderstood...
Spill the beans, who are they? Me, no, can't be!
  • #214,592
  • Apr 8, 2010 7:57am Apr 8, 2010 7:57am
Quoting cloggie
What? no catfight?
You're bad
Nil Desperandum Illegitimi Carborundum
  • #214,593
  • Apr 8, 2010 7:58am Apr 8, 2010 7:58am
Quoting bbakker
ditto!
Mine is in play as well, but it sure feels like a coin flip right now. 5210 and 5200 both holding pretty well.
  • #214,594
  • Apr 8, 2010 7:59am Apr 8, 2010 7:59am
Quoting wormboy
you called?

Attached Image
  • #214,595
  • Apr 8, 2010 8:03am Apr 8, 2010 8:03am
Quoting javapips
i did not talk about you start...you are good person..,it's a misunderstood.
i use your post to talk with the others, ok? misunderstood...
Quoting bbakker
Spill the beans, who are they? Me, no, can't be!
Jeez and I stood up for this young lady too. Oh well... there is just no pleasing some people. You can keep me on your ignore list.
  • #214,596
  • Apr 8, 2010 8:04am Apr 8, 2010 8:04am
Quoting 4xStar
OK back to boring cable ... according to my rules I can only go short now so I am short from .5211, one very tiny position as I see no real confirmation of anything at the moment.
Just to keep from expiring from boredom, I also have a short on GY. Stop above the 200 ema on 5 min.

Good one. I am still looking at 1.5150 for TP and YOU?
  • #214,597
  • Apr 8, 2010 8:05am Apr 8, 2010 8:05am
Have a nasty feeling there will be a massive end of day rally of about 200 pips, but just cant fathom out which direction. My guess is up, as this will take us to 154.22 cluster resistance, but I wouldnt like to trade on it!!!
  • #214,598
  • Apr 8, 2010 8:07am Apr 8, 2010 8:07am
Quoting OldReigatian
Have a nasty feeling there will be a massive end of day rally of about 200 pips, but just cant fathom out which direction. My guess is up, as this will take us to 154.22 cluster resistance, but I wouldnt like to trade on it!!!
My instinct also - but logic would say UP
Nil Desperandum Illegitimi Carborundum
  • #214,599
  • Apr 8, 2010 8:08am Apr 8, 2010 8:08am
Quoting marcus1rex
cable, stop bouncing up and down dammit!
Stay in one place. You are buying or selling? Cable going down. 1.5150 a good place to place your TP. If you believe it will go down SELL! or if you think is going up buy. You have to do something NOW. The volatility is OK.
  • #214,600
  • Apr 8, 2010 8:09am Apr 8, 2010 8:09am
Quoting malcolmb14
weakness at 1.5230 ....

last weeks close 1.5190 , under that is major weakness with downside target 1.5100 this session.

GU having issues going anywhere right now likely waiting for US open

Attachment
Some GU related stuff! Someone had to stop me! I'm with malcolmb14, he knows his stuff! Another line to add to my charts! I have so many lines on my chart, I can't see the price anymore
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