Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#220,081
Apr 21, 2010 6:16am Apr 21, 2010 6:16am

pivotrader
| Joined Mar 2010 | Status: Trader | 63 Posts

Quoting pivotrader

Disliked

that's a good strategy if it goes there again

Ignored

new 4 hour candle will give good insight

#220,082
Apr 21, 2010 6:20am Apr 21, 2010 6:20am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting Faryad

Disliked

wormie

Ignored

hey bro

Thank You

#220,083
Apr 21, 2010 6:22am Apr 21, 2010 6:22am

Faryad
| Joined May 2009 | Status: Trader | 614 Posts

Quoting wormboy

Disliked

hey bro

Ignored

yooo

#220,084
Apr 21, 2010 6:22am Apr 21, 2010 6:22am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting Bull_Bear

Disliked

I have just jump back in @ 1.3390 ...

Heres why...

Ignored

nice one

hope that drop was bullshit lol
my stop is placed @3340.
Good luck to us!

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Thank You

#220,085
Apr 21, 2010 6:24am Apr 21, 2010 6:24am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

Got a 1 hr Evening Star, a reversal formation on the 1 hr is nothing to get excited about since it is against the trend, However, Its up against the 4 hr DTL and that is significant. I am expecting a possible move back to the 5300 area. But news is due out, keep that in mind. Looking for a possible Harami on the 4 hr. I am hedging this one and will begin to buy if we move past M2 weekly midpivot at 5362.

Jim

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#220,086
Apr 21, 2010 6:27am Apr 21, 2010 6:27am

hhitch
| Joined Jun 2006 | Status: Trader | 451 Posts

Quoting Nene

Disliked

Got a 1 hr Evening Star, a reversal formation on the 1 hr is nothing to get excited about since it is against the trend, However, Its up against the 4 hr DTL and that is significant. I am expecting a possible move back to the 5300 area. But news is due out, keep that in mind. Looking for a possible Harami on the 4 hr. I am hedging this one and will begin to buy if we move past M2 weekly midpivot at 5362.

Jim

Ignored

so true, but I've got my fingers crossed that since the previous 4hr candle closed above the trendline, further northward move may be in the cards.

"The real genius is knowing when to stop." - Marc Faber

#220,087
Apr 21, 2010 6:34am Apr 21, 2010 6:34am

Bull_Bear
Joined Mar 2009 | Status: FX | 3,789 Posts

Quoting wormboy

Disliked

nice one
hope that drop was bullshit lol
my stop is placed @3340.
Good luck to us!

Ignored

Hope your divergence kicks in cos the bitch is showing weakness across the board

Veni, Vidi, Vici (We came, we saw, we conquered)

#220,088
Apr 21, 2010 6:35am Apr 21, 2010 6:35am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

Oh, there is no doubt we are going further North, nut the market does not move in a straight line, and I depend on that.

Jim

Quoting hhitch

Disliked

so true, but I've got my fingers crossed that since the previous 4hr candle closed above the trendline, further northward move may be in the cards.

Ignored

#220,089
Apr 21, 2010 6:37am Apr 21, 2010 6:37am

Hansie
| Joined Dec 2009 | Status: Trader | 34 Posts

Quoting Bull_Bear

Disliked

I have just jump back in @ 1.3390 ...

Heres why...

Ignored

This is what i see happening but i might be wrong

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#220,090
Apr 21, 2010 6:39am Apr 21, 2010 6:39am

jackdan
| Joined Jan 2009 | Status: Trader | 331 Posts

Quoting OldReigatian

Disliked

By the way, keep an eye on EG today. If it tips the .8685 mark start buying up from there.

Ignored

just reached the area. May i ask for your reasons?

A chart maybe? i personally expect a bounced back up into the last 15 days range.

cheers

#220,091
Apr 21, 2010 6:43am Apr 21, 2010 6:43am

Bull_Bear
Joined Mar 2009 | Status: FX | 3,789 Posts

Quoting Hansie

Disliked

This is what i see happening but i might be wrong

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Ignored

H, good post mate

... its very possible given the wide spread weakness

Veni, Vidi, Vici (We came, we saw, we conquered)

#220,092
Apr 21, 2010 6:47am Apr 21, 2010 6:47am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

There are no brainers when trading against the trend. Thats why I like to buy against it.

Quoting hhitch

Disliked

so true, but I've got my fingers crossed that since the previous 4hr candle closed above the trendline, further northward move may be in the cards.

Ignored

#220,093
Apr 21, 2010 6:49am Apr 21, 2010 6:49am

keithbridges
| Joined Dec 2008 | Status: Trader | 17 Posts

Hi all here is an extract that you may all find interesting it was originally posted on Money Week Blog by Tom Bulford.

http://www.moneyweek.com/investment-...ion-01607.aspx

In 1981 the New Yorker magazine published a cartoon. It showed a man watching the evening news on television. Here is what the newsreader was saying:
"On Wall Street today, news of lower interest rates sent the stock market up, but then the expectation that those rates would be inflationary sent the market down, until the realisation that the lower rates might stimulate the sluggish economy pushed the market up, before it ultimately went down on fears that an overheated economy would lead to a re-imposition of higher interest rates."

That may be what you are seeing following the news this morning!!!!

#220,094
Apr 21, 2010 6:50am Apr 21, 2010 6:50am