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Cable Update (GBPUSD)

  • #218,421
  • Apr 16, 2010 2:36am Apr 16, 2010 2:36am
Quoting cloggie
Eurocontrol just announced no flights again today until midnight at least in UK, Cloggieland, Belgium, Scandanavia and Northern France.

Long rail companies, short airlines. Gotta find a Zeppelin builder and put him to work.
  • #218,422
  • Apr 16, 2010 2:38am Apr 16, 2010 2:38am
Quoting cloggie
Eurocontrol just announced no flights again today until midnight at least in UK, Cloggieland, Belgium, Scandanavia and Northern France.

Long rail companies, short airlines. Gotta find a Zeppelin builder and put him to work. These Icelanders don't speak proper English, told 'm to send cash not ash.
hehehe...

how long they reckon the ash can continue???
@pawpaw1000 on Twitter
  • #218,423
  • Apr 16, 2010 2:39am Apr 16, 2010 2:39am
Quoting pawpaw1000
hehehe...

how long they reckon the ash can continue???

The last time the same vulcano blew, it lasted 3 years. That was 200 years ago. All depends on wind patterns.
  • #218,424
  • Apr 16, 2010 2:42am Apr 16, 2010 2:42am
Quoting cloggie
The last time the same vulcano blew, it lasted 3 years. That was 200 years ago. All depends on wind patterns.
WAHA! so what the air companies gonna do!!!

THIS is a opportunity... If someone can invent a anti ash machine for aircraft, he's made it!!!
@pawpaw1000 on Twitter
  • #218,425
  • Apr 16, 2010 2:42am Apr 16, 2010 2:42am
GU (EDIT) to slide to 1.5300 for me today.
  • #218,426
  • Apr 16, 2010 2:43am Apr 16, 2010 2:43am
Quoting pawpaw1000
WAHA! so what the air companies gonna do!!!
Go bust!
  • #218,427
  • Apr 16, 2010 2:43am Apr 16, 2010 2:43am
Quoting pawpaw1000
wow, this PA is determined to break lower... it keeps bouncing but hey, practise practise practise
I am off to work now. I have moved my SL to BE as I have green pips and 80 is not a bad place to have it at
  • #218,428
  • Apr 16, 2010 2:44am Apr 16, 2010 2:44am
<18 mins till hr close -- and look at that candle!
  • #218,429
  • Apr 16, 2010 2:45am Apr 16, 2010 2:45am
Quoting bbakker
That's the kind of chart that brings a for my current position!

hehe i guess it was a bear trap, however, i'd like to wait for the close of the sweet H1 candle though before i long, lost too many opportunities this week arrrgh.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #218,430
  • Apr 16, 2010 2:46am Apr 16, 2010 2:46am
Quoting pawpaw1000
WAHA! so what the air companies gonna do!!!

THIS is a opportunity... If someone can invent a anti ash machine for aircraft, he's made it!!!

Airlines are a pure cashflow business, being grounded for 2 days now and having to refund all the pax this not sustainable for long, BA opened this morning down on a nice gap.
  • #218,431
  • Apr 16, 2010 2:46am Apr 16, 2010 2:46am
Quoting free4440273
<18 mins till hr close -- and look at that candle!

oh yeaah, doesnt it look sOOOoweet
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #218,432
  • Apr 16, 2010 2:47am Apr 16, 2010 2:47am
Quoting Atlast
Euro to slide to 1.5300 for me today.
I assume you mean 1.35!

The Euro is not looking good. I lost quite a few pips on her yesterday and I am currently staying out. My long-term target was 1.37+ but Greece is hanging over her like a dark cloud and it is not shifting.
  • #218,433
  • Apr 16, 2010 2:48am Apr 16, 2010 2:48am
Quoting bbakker
I assume you mean 1.35!

The Euro is not looking good. I lost quite a few pips on her yesterday and I am currently staying out. My long-term target was 1.37+ but Greece is hanging over her like a dark cloud and it is not shifting.
Corrected my post, meant GU. Good of you to point it out.
  • #218,434
  • Apr 16, 2010 2:49am Apr 16, 2010 2:49am
Quoting cloggie
The last time the same vulcano blew, it lasted 3 years. That was 200 years ago. All depends on wind patterns.
It would be unlikely to go off continuously for three years, and as Cloggie said, wind direction is important. UK airspace closed for another day - I reckon this could last a fair few days yet, and prove dangerous longer term as well if the volcano continues to erupt. Also talk it might set off a chain reaction with a sister volcano next to it.

I'm short airlines and currently long cable at 400.
  • #218,435
  • Apr 16, 2010 2:50am Apr 16, 2010 2:50am
Quoting AMuharram
oh yeaah, doesnt it look sOOOoweet
Is that a tail or what! Maybe a nice bullish hammer when it closes and my long is looking better by the minute!

Catch you all later! Loads of work to do at work!
  • #218,436
  • Apr 16, 2010 2:50am Apr 16, 2010 2:50am
Quoting The Magician
It would be unlikely to go off continuously for three years, and as Cloggie said, wind direction is important. UK airspace closed for another day - I reckon this could last a fair few days yet, and prove dangerous longer term as well if the volcano continues to erupt. Also talk it might set off a chain reaction with a sister volcano next to it.

I'm short airlines and currently long cable at 400.

I am short on most, long RYAA. Still waiting for my short entry on cable.
  • #218,437
  • Apr 16, 2010 2:54am Apr 16, 2010 2:54am
OK here is the chart. (similar to butterfly pattern)

favoring longs. as of now...


If you want to read about this pattern here is just one place for reference
Attached Image (click to enlarge)
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  • #218,438
  • Apr 16, 2010 2:54am Apr 16, 2010 2:54am
Quoting cloggie
I am short on most, long RYAA. Still waiting for my short entry on cable.
why short cloggs? You reckon we will at least go to pivot point before resuming downward???
@pawpaw1000 on Twitter
  • #218,439
  • Apr 16, 2010 2:57am Apr 16, 2010 2:57am
Quoting XTrade
OK here is the chart. (similar to butterfly pattern)


If you want to read about this pattern here is just one place for reference

aah yes, was reading up on those just the other day... Never seen one in action, should be interesting...

Thanks for the post and the link
@pawpaw1000 on Twitter
  • #218,440
  • Apr 16, 2010 2:59am Apr 16, 2010 2:59am
1min to close but a likely 1hr bullish PB/hammer candle off the daily steep ascending trend line and 1hr channel bottom

G/L
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