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  • #1,141
  • Apr 20, 2010 8:53am Apr 20, 2010 8:53am
hy guys what do you think.looks like going downhttp://img85.imageshack.us/img85/3448/jpyrs89.gif
  • #1,142
  • Apr 21, 2010 2:36am Apr 21, 2010 2:36am
April 20, 2010

http://img694.imageshack.us/img694/1913/cablez.gif
  • #1,143
  • Apr 21, 2010 11:11am Apr 21, 2010 11:11am
A cable crash is long overdue and should begin anytime soon.
  • #1,144
  • Apr 22, 2010 3:44am Apr 22, 2010 3:44am
Quoting forexlion
A cable crash is long overdue and should begin anytime soon.
I can see an macd histogram divergence on the daily. Does there have to be a specific event to trigger it?

I heard an investment bank was recommending buy for GBP. Could be a good sign to sell.
  • #1,145
  • Apr 22, 2010 11:21pm Apr 22, 2010 11:21pm
Quoting aykenar
I can see an macd histogram divergence on the daily. Does there have to be a specific event to trigger it?

I heard an investment bank was recommending buy for GBP. Could be a good sign to sell.
Pakistan has 250 nuke warheads and news just in that Al Qaeda or Taliban has acquired 10 nukes, this is a bad bad day for world terrorism.

incidentally Taliban was trained and equipped by Pakistani army and USA to fight Russians during the cold war.
  • #1,146
  • Apr 22, 2010 11:22pm Apr 22, 2010 11:22pm
Quoting forexlion
Pakistan has 250 nuke warheads and news just in that Al Qaeda or Taliban has acquired 10 nukes, this is a bad bad day for world terrorism.

incidentally Taliban was trained and equipped by Pakistani army and USA to fight Russians during the cold war.
Where did you get that news?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #1,147
  • Apr 22, 2010 11:32pm Apr 22, 2010 11:32pm
Quoting MarcVUM
Where did you get that news?
A congressional report tabled in US Senate, is the source of Pakistan's nuclear warhead stockpile.

What surprises me is why should a country the size of UK need 250 nuke warheads ??
  • #1,148
  • Apr 22, 2010 11:36pm Apr 22, 2010 11:36pm
Quoting forexlion
A congressional report tabled in US Senate, is the source of Pakistan's nuclear warhead stockpile.

What surprises me is why should a country the size of UK need 250 nuke warheads ??
This also means that US simply cannot withdraw troops either from Iraq or Afghanistan, putting pressure on economy and hence the recovery from recession.

Effectively, the US recession would never have happened if they had not cooked this mid east meal, now they are forced to eat it too, with body bags in thousands going back home.
  • #1,149
  • Apr 22, 2010 11:55pm Apr 22, 2010 11:55pm
Cable 4 hour

resistance is @ 5377 with macd showing tendency to go to 5176

http://img402.imageshack.us/img402/6239/82709769.gif


Cable Daily

MACD has not crossed yet, so there is no reason to call shorts as yet, this will be a tight ranging market condition

http://img153.imageshack.us/img153/8200/13817506.gif

Cable Weekly

Nothing special about weekly, except that I do not like the macd formation there, though it will not go up, but downtrend will not be easy here

tight ranging as i see it, though we have a very tough resistance there

http://img402.imageshack.us/img402/9749/16357565.gif
  • #1,150
  • Apr 24, 2010 1:00am Apr 24, 2010 1:00am
Cable stalled just here, not ready to drop

will watch carefully what daily macd does next week
  • #1,151
  • Apr 25, 2010 5:29am Apr 25, 2010 5:29am
Quoting forexlion
Cable 4 hour

resistance is @ 5377 with macd showing tendency to go to 5176

http://img402.imageshack.us/img402/6239/82709769.gif


Cable Daily

MACD has not crossed yet, so there is no reason to call shorts as yet, this will be a tight ranging market condition

http://img153.imageshack.us/img153/8200/13817506.gif

Cable Weekly

Nothing special about weekly, except that I do not like the macd formation there, though it will not go up, but downtrend will not be easy here

tight ranging as...
what MACD settings do you use?
  • #1,152
  • Apr 25, 2010 5:50am Apr 25, 2010 5:50am
Quoting forexlion
A congressional report tabled in US Senate, is the source of Pakistan's nuclear warhead stockpile.

What surprises me is why should a country the size of UK need 250 nuke warheads ??
Hi Forexlion

Please do not take it the wrong way.
But stick to the subject of forex trading and forex methods you may wish to share.
This is not a political web site to do with biased opinions.
I feel it is inappropriate to discuss something that is off the subject.
Keep up the good work.
It can easily turn into a political debate which is not the place to discuss.


Thx.
  • #1,153
  • Apr 25, 2010 1:08pm Apr 25, 2010 1:08pm
Quoting cerevante
what MACD settings do you use?
macd_custom is the standard macd, minus the bars, makes it easier to read. nothing special about it
  • #1,154
  • Apr 25, 2010 1:13pm Apr 25, 2010 1:13pm
euro is witnessing buying pressure on weekly, so cable might also trend up this week
  • #1,155
  • May 15, 2010 9:02pm May 15, 2010 9:02pm
forexlion. just love your job. already reques for join your chat room on skype. please add me in . thanks. skype id :fxmichaelwen
  • #1,156
  • May 16, 2010 8:09am May 16, 2010 8:09am
Quoting michaelwen
forexlion. just love your job. already reques for join your chat room on skype. please add me in . thanks. skype id :fxmichaelwen
that chat room is dead, the only people who joined were looking for indies n stuff, no one contributed to serious trading analysis, so i gave up there
  • #1,157
  • May 16, 2010 8:27am May 16, 2010 8:27am
Im also a trader from india..but currently not residing in india. Im planning to go back and settle in India. Is there any legal regulations in forex trading in India..?Is there any maximum amount of transactions and all.. please advice.
  • #1,158
  • May 16, 2010 8:42am May 16, 2010 8:42am
Quoting fx_magic
Im also a trader from india..but currently not residing in india. Im planning to go back and settle in India. Is there any legal regulations in forex trading in India..?Is there any maximum amount of transactions and all.. please advice.
follow this topic on traderji, they can advise better

http://www.traderji.com/forex/40225-forex-legality-about-solve.html
  • #1,159
  • May 16, 2010 9:45am May 16, 2010 9:45am
So much of confusion.. there..i hope you r trading from india..and so far thr isnt any prblms u r facing ..and obviously i dun trade millions of dollars.
  • #1,160
  • May 17, 2010 1:18am May 17, 2010 1:18am
cable should attempt 4490

see post #1 for reason why
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