Morning Star on my 1 Hr after a toe tapping bounce measured off the 4 hr. I will be looking for some kind of Bullish formation on the 4 hr.
Jim
Jim
Cable Update (GBPUSD)
- #223,961
- May 5, 2010 8:27am May 5, 2010 8:27am
- | Additional Username | Joined May 2009 | 2,719 Posts
- #223,962
- May 5, 2010 8:27am May 5, 2010 8:27am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Verily, in every difficulties there is relief
- #223,965
- May 5, 2010 8:31am May 5, 2010 8:31am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
Hello lexazver,
yes, it looks so, but i´m afraid of buying gbp, eur atm, even pa tells me to buy, in this overall bearmarket i for myself will wait for a good moment to short this thing, do you have taken a long?
so price is just under my breakeven point at the moment... dont have stop set but i was considering closing today near 1.5065 but that level was never passed ..
- #223,966
- May 5, 2010 8:37am May 5, 2010 8:37am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
this PA just doesnt show that GBP is ready to drop but on the contrary... if it wanted to fall it would be sub 1.5 by now imho especially when you see euro collapsing, so i guess someone is buying into this panic....maybe im wrong though )
)
- #223,968
- May 5, 2010 8:39am May 5, 2010 8:39am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #223,969
- May 5, 2010 8:41am May 5, 2010 8:41am
who is tories?
the 3 candidate i know are Gordon Brown David Cameron Nick Clegg
but no tories...
the 3 candidate i know are Gordon Brown David Cameron Nick Clegg
but no tories...
The tories are leading, but the lead is not large enough for an overall majority. Polling stations are open until 10pm London time and the results come in in dribs and drabs overnight, starting right after the poll stations close, the smaller constituancies will have results within an hour or so. It is going to be a long night. Gilt market is open all night and I am hearing from quite a few London boys that some trade desks are open troughout the night.
The PA all depends on the results, if the Tories pull it off we will see Cable flying through...
i'll do my best, and let the old lady decide where she wanna go 
- #223,970
- May 5, 2010 8:42am May 5, 2010 8:42am
yeah i got 3 longs @ 1.5182, 1.5122 nad 1.5082
so price is just under my breakeven point at the moment... dont have stop set but i was considering closing today near 1.5065 but that level was never passed ..
cool
, at break of 1.5090 to the upside i also had the fingers at the trigger, but i did not have the guts for pulling it,
- #223,972
- May 5, 2010 8:46am May 5, 2010 8:46am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
Brown - Labour
and
Clegg is - Liberal Democrat.
- #223,974
- May 5, 2010 8:47am May 5, 2010 8:47am
- Joined Oct 2009 | Status: Trader | 15,211 Posts
The conservatives are known here as the Tories, so that's David Cameron.
- #223,978
- May 5, 2010 9:04am May 5, 2010 9:04am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
the good old Warren B. advice
heh, i guess i was not greedy enough with EURO>
- #223,980
- May 5, 2010 9:08am May 5, 2010 9:08am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
my ''hunch target'' of 5150-60 region was not reached (albeit by 5-6 pips) but hourly close is quite bullish