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Cable Update (GBPUSD)

  • #222,841
  • Apr 30, 2010 2:03am Apr 30, 2010 2:03am
Quoting TheFutureAce
wow...what names

Thanks
Doesn't really help you though does it!!

I've attached the Better Volume Indi at least we know what that is.

Good luck

Dazzer
Attached File(s)
File Type: mq4 BetterVolume 1.4.mq4   5 KB | 255 downloads
  • #222,842
  • Apr 30, 2010 2:04am Apr 30, 2010 2:04am
hi guys

what are ur views for todays direction for cable?

will it continue ysterdays rally upwards or will it reverse back?

usuaky fridays are positive for cable

whats your opinions?

happy pippin!
  • #222,843
  • Apr 30, 2010 2:05am Apr 30, 2010 2:05am
Quoting Jns
Hi FOREX LION
I beg to differ I have your Lions tail,zulu trader and more carefull where you leave your "sent" I have a nose to sniff it out.
the Lion does mark his territory once in a while, never knew someone actually sniffed the markings
  • #222,844
  • Apr 30, 2010 2:08am Apr 30, 2010 2:08am
Quoting forexlion
the Lion does mark his territory once in a while, never knew someone actually sniffed the markings
I woke up to the noise of lions for most of my life. So I know how to track them.
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #222,845
  • Apr 30, 2010 2:12am Apr 30, 2010 2:12am
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 22 KB
  • #222,846
  • Apr 30, 2010 2:14am Apr 30, 2010 2:14am
Quoting forexlion
i will not short cable till 1 hour special forces does not confirm

5420 is the daily resistance for today, so i am skeptic of taking any trades between 5377 and 5420

being friday and last day of the month, things can go terribly bad if you are not care the full or careful / carefool
True That why i closed half positions
  • #222,847
  • Apr 30, 2010 2:14am Apr 30, 2010 2:14am
Quoting adrianebn
hi guys

what are ur views for todays direction for cable?

will it continue ysterdays rally upwards or will it reverse back?

usuaky fridays are positive for cable

whats your opinions?

happy pippin!
Hi there,
I don't have any. All I know is that we've jumped back up to very near the weekly open and PA is now bouncing around 62 fib from high to low. So at this point anything can happen. I want it to go up to 1.54123 for this last TP, but what I want and what I get can be very different sometimes.

Good luck

Dazzer
  • #222,848
  • Apr 30, 2010 2:15am Apr 30, 2010 2:15am
The final debate for UK Prime Minister’s ended with a win for Tory David Cameron according to the YouGov/Sun poll. The poll showed that Cameron led with 41% of votes, Nick Clegg of Liberal Democrats was second with 32% and Labor ‘s Gordon Brown was dead last at 25%. Mr. Brown’s gaffe in the last week of campaigning (he had called a voter a “bigot” unaware that he was being taped on a live microphone) continues to hurt Labor chances and could result in massive losses for the ruling party.
Nevertheless it is unclear if the Tories will gain enough momentum to put them within range of forming a majority government. One critical unknown factor is just how much of the protest vote will go to Nick Glegg of the Liberal Democrats who only a week ago seemed to be on the cusp of breaking out, but has been hurt by the party’s policy on immigration.
Cable was muted in late Asian trading in the aftermath of the debate, but broke out above the 1.5350 level at the start of London dealing as currency markets became more optimistic about the prospects of a Tory win. Even if Mr. Cameron is forced to form a coalition government, Mr. Glegg has indicated that he would be open to the idea of sharing power with the Tories, thus lessening the chances of protracted political battle and a hung Parliament.
The pound may rally to the 1.5500 level if polling continues to favor Tories as campaigning enters its final days. However, the euphoria over the pro-business Tories will last only as long UK economic data continues to surprise to the upside. Any slowdown in growth will revive concerns over the country’s extremely fragile fiscal condition and could trigger the type turmoil that we are seeing in European credit markets.
@pawpaw1000 on Twitter
  • #222,849
  • Apr 30, 2010 2:16am Apr 30, 2010 2:16am
Good morning people today will be creepy day
  • #222,850
  • Apr 30, 2010 2:16am Apr 30, 2010 2:16am
Quoting east trader
I think it should be bullish..Anyway there is strong bullish at D1. Anyone can see that?
Yes, like I've mentioned before, we had 2 good days of closing and with a bullish D1, who knows where we might end up. And Malcolm, you're quite optimistic with your figures...1.5420-1.5500 today, may I ask you why? i'm only seeing it probably early of next week but hey, the earlier the better...
  • #222,851
  • Apr 30, 2010 2:18am Apr 30, 2010 2:18am
true dazzer

sometimes we want a direction but its different to what the market can give

Quoting Dazzer
Hi there,
I don't have any. All I know is that we've jumped back up to very near the weekly open and PA is now bouncing around 62 fib from high to low. So at this point anything can happen. I want it to go up to 1.54123 for this last TP, but what I want and what I get can be very different sometimes.

Good luck

Dazzer
  • #222,852
  • Apr 30, 2010 2:24am Apr 30, 2010 2:24am
i think today high will be 1.54120 - if breaks then we have chance 1.5448 then will be some corrections and consilidation time this is the scenario from my view , hope there will be good mini swings for scapling in 1-5min charts.
  • #222,853
  • Apr 30, 2010 2:25am Apr 30, 2010 2:25am
Spain's unemployment rate at 20 per cent!!!! wtf!!!

Greece Mark II
  • #222,854
  • Apr 30, 2010 2:31am Apr 30, 2010 2:31am
Quoting adrianebn
true dazzer

sometimes we want a direction but its different to what the market can give
I'm moving over to a much more bullish stance now. Look at the stopping volume bars on the last M15 and M30, especially the M30. This usually tends to be very strong buy signals when the tossers.... erm Market Makers have marked down the price artificially and cleared all the sell orders below it. This dusts off the the bulls and gives the go-ahead for higher prices. Bulls are in control now, but its a Friday before an election, bank holiday Monday next week, end of month. Anything can happen in truth.


Dazzer
  • #222,855
  • Apr 30, 2010 2:33am Apr 30, 2010 2:33am
hurry up buyers, keep pushing the price to 54. I have a short waiting and will build up short positions recklessly from there. am willing to undo all my gains this week on that ---- hey, its friday after all.
  • #222,856
  • Apr 30, 2010 2:34am Apr 30, 2010 2:34am
Why not to get a job instead of waisting time on posts?
Managing two jobs and watching 7 banks to manage my assets
  • #222,857
  • Apr 30, 2010 2:34am Apr 30, 2010 2:34am
Quoting Dazzer
Hi there,
I don't have any. All I know is that we've jumped back up to very near the weekly open and PA is now bouncing around 62 fib from high to low. So at this point anything can happen. I want it to go up to 1.54123 for this last TP, but what I want and what I get can be very different sometimes.

Good luck

Dazzer
Morning big man hope today goes better than yesterday got caught trying to pick the top here and gave back most of the mornings gains looking good so for today though but i am not going to get over ambitious as it is friday I have pivots in at 5398 as a first target and 5428 for later on only if PA looks strong enough hope you have a good day mate and thank you for posting the Better volume i was looking for that

Cats
Trade what you see never what you think!
  • #222,858
  • Apr 30, 2010 2:35am Apr 30, 2010 2:35am
true, i think its a bullish day too, although i have an open short at 15317 of yesterday, think will close it soon just in case continues to go up

Quoting Dazzer
I'm moving over to much more bullish now. Look at the stopping volume bars on the last M15 and M30.

Dazzer
  • #222,859
  • Apr 30, 2010 2:35am Apr 30, 2010 2:35am
http://img52.imageshack.us/img52/3551/grin802l.jpg
  • #222,860
  • Apr 30, 2010 2:36am Apr 30, 2010 2:36am
Quoting free4440273
Spain's unemployment rate at 20 per cent!!!! wtf!!!

Greece Mark II
Their curency is worth so much they dont have to work!
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