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Cable Update (GBPUSD)

  • #219,121
  • Apr 19, 2010 4:37am Apr 19, 2010 4:37am
Quoting Cotton-I-Jo
Also 122.51 on E / J , if u r intersted in it....

oh i love eur/yen! so volatile!
  • #219,122
  • Apr 19, 2010 4:41am Apr 19, 2010 4:41am
Quoting free4440273
Dax bounce dead -- not helping euro at all.

still believe in the intermarket correlations ? especially equities versus eur ??

hope this chart will be an eye opener.

above - dax
below - eurusd
Attached Image (click to enlarge)
Click to Enlarge Name: dax-eur.jpg Size: 58 KB
  • #219,123
  • Apr 19, 2010 4:43am Apr 19, 2010 4:43am
Quoting free4440273
oh i love eur/yen! so volatile!

Yeah ! veryoften more than Cable !

  • #219,124
  • Apr 19, 2010 4:44am Apr 19, 2010 4:44am
Quoting bbakker
All I can see is cable collapsing. As FL said 5176 is the next test, maybe we will bounce from there, maybe not. Time will tell!

I just hope that all you long-term longs have a large SL!

EDIT: S3 @~15205 to be tested 1st!
I miss my MT4. Corporate firewall is blocking my feed. I still haven't got round to sorting this problem out and it is going to be the 1st thing to do on my list! I need it badly as otherwise I am blind as a bat.

On second thoughts, if you do have a long-term long to see 5500, I would think twice about your position. Maybe a look at the d1 and the associated trendlines will help you in your decision.

We touched S3 on the daily pivots (GMT +1). This maybe a point for a retrace, but I am not going to find out! I'd rather wait for the retrace to complete before entering again with another short.

I do have a small long-term short open @15233 SL @15385. I will be looking to add to this position at the right time.

Have a great day trading and hope you make some greenies today!
  • #219,125
  • Apr 19, 2010 4:58am Apr 19, 2010 4:58am
completely flat on cable and e/j -- might have to wait benny later

http://currencyforthelongterm.files....8/bernanke.jpg
  • #219,126
  • Apr 19, 2010 4:59am Apr 19, 2010 4:59am
hi all salam

  • #219,127
  • Apr 19, 2010 5:01am Apr 19, 2010 5:01am
^^ with a tendency to fall
  • #219,128
  • Apr 19, 2010 5:02am Apr 19, 2010 5:02am
Quoting bbakker
I miss my MT4. Corporate firewall is blocking my feed. I still haven't got round to sorting this problem out and it is going to be the 1st thing to do on my list! I need it badly as otherwise I am blind as a bat.

On second thoughts, if you do have a long-term long to see 5500, I would think twice about your position. Maybe a look at the d1 and the associated trendlines will help you in your decision.

We touched S3 on the daily pivots (GMT +1). This maybe a point for a retrace, but I am not going to find out! I'd rather wait for the retrace to...
see even the friggin cable is crazy about ma girlfriend man, she's hot !!!

http://img690.imageshack.us/img690/6699/cableo.gif
  • #219,129
  • Apr 19, 2010 5:03am Apr 19, 2010 5:03am
Quoting free4440273
completely flat on cable and e/j -- might have to wait benny later

Just Put Some P.O & take a nap as i'm going to do the same.....


  • #219,130
  • Apr 19, 2010 5:06am Apr 19, 2010 5:06am
Quoting forexlion
see even the friggin cable is crazy about ma girlfriend man, she's hot !!!
lion why u did not open the door for 15160 are holding here on u lap
  • #219,131
  • Apr 19, 2010 5:07am Apr 19, 2010 5:07am
Quoting forexlion
see even the friggin cable is crazy about ma girlfriend man, she's hot !!!

http://img690.imageshack.us/img690/6699/cableo.gif
and if ma girlfriend is not able to give support, the friggin cable will go down as timberrrrrrrrrrrrrrrrrrrrrrrrrrrr .............. 4850

this is in line with the S&P chart i posted earlier. plenty of trees going down this week thanks to the icelandic volcano

http://img248.imageshack.us/img248/9373/cablev.gif
  • #219,132
  • Apr 19, 2010 5:08am Apr 19, 2010 5:08am
sorry i did not read all posts no sleep last

1BB
  • #219,133
  • Apr 19, 2010 5:11am Apr 19, 2010 5:11am
any chance for a pullback at some point? not asking to close the gap... but at least... to get some rest?
  • #219,134
  • Apr 19, 2010 5:12am Apr 19, 2010 5:12am
Quoting Martingale
any chance for a pullback at some point? not asking to close the gap... but at least... to get some rest?
some gaps never close, we call them nuns
  • #219,135
  • Apr 19, 2010 5:12am Apr 19, 2010 5:12am
Quoting Cotton-I-Jo
Just Put Some P.O & take a nap as i'm going to do the same.....


LOL, i might join you -- catch u later cable!
  • #219,136
  • Apr 19, 2010 5:12am Apr 19, 2010 5:12am
Quoting kill56
sorry i did not read all posts no sleep last

1BB
No sleep for many nights to come Feed every 4 hours! How is the little fella doing? Taking to his milk yet?
  • #219,137
  • Apr 19, 2010 5:14am Apr 19, 2010 5:14am
come on 5170!!!!
  • #219,138
  • Apr 19, 2010 5:16am Apr 19, 2010 5:16am
Quoting free4440273
LOL, i might join you -- catch u later cable!
geez what is the world coming to
  • #219,139
  • Apr 19, 2010 5:17am Apr 19, 2010 5:17am
Quoting bbakker
No sleep for many nights to come Feed every 4 hours! How is the little fella doing? Taking to his milk yet?
he is doing great and he is trying so hard
  • #219,140
  • Apr 19, 2010 5:17am Apr 19, 2010 5:17am
Quoting Martingale
any chance for a pullback at some point? not asking to close the gap... but at least... to get some rest?
A pullback will come at some point, it always does! 205 may still be a possibility, but I doubt it will be from there. The girlfriend line is the next possibility, but I am not going to find out either way. This lady is in freefall! All the daily support lines have been broken and you will now have to look at the longer-term support lines!
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