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Cable Update (GBPUSD)

  • #225,541
  • May 11, 2010 4:48am May 11, 2010 4:48am
Quoting bbakker
Very true! I am breathing easier now that she has broken down again through 200ma on lower tfs. L4 is still my target for today!
need break of 4812 to be short... Franky Line..
@pawpaw1000 on Twitter
  • #225,542
  • May 11, 2010 4:51am May 11, 2010 4:51am
http://fxdom.ru/uploads/posts/126923...pusd-weely.gif
  • #225,543
  • May 11, 2010 4:52am May 11, 2010 4:52am
Anyone interested here's a trade call for dragon

sell...

136.98.. Sl 138.20.. TP.. 133.50
Attached Image (click to enlarge)
Click to Enlarge Name: dragon.JPG Size: 110 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #225,544
  • May 11, 2010 4:52am May 11, 2010 4:52am
For this pairing, I see the immediate short-term direction of the pairing as 4 poss scenarios and most likely knee-jerk (+ ?) market reactions are shown below;

a. Con-Lib Formal coaltion-likely gbpusd rise
b. Lab-Lib Forma coaltion-likely gbpusd fall
c. Conservatiove minority govt with lib dems abstaining on queens speech and budget...more difficult to say, but more likely some gbpusd rise
d. Lib's saying no formal coaltion and will oppose above by conservative so new election....gbpusd likely sell-off



G/L
ex member
  • #225,545
  • May 11, 2010 4:53am May 11, 2010 4:53am
Quoting Bull_Bear
No trade yet, for now... Will post my call if i have time.

LOL.... Lion and his big mouth and no trousers

Plan your treade, trade your plan.

If you have not learnt from me by now than you've been reading to many rubbish posts. Filter, Filter, Fileter
As BB says... Plan your trade and trade your plan!
  • #225,546
  • May 11, 2010 4:54am May 11, 2010 4:54am
Quoting pawpaw1000
need break of 4812 to be short... Franky Line..
  • #225,547
  • May 11, 2010 4:55am May 11, 2010 4:55am
Quoting bbakker
As BB says... Plan your trade and trade your plan!
am short, targeting 4764 as 1st tp...
@pawpaw1000 on Twitter
  • #225,548
  • May 11, 2010 4:58am May 11, 2010 4:58am
Quoting bbakker
85 important, ltl on m30
@pawpaw1000 on Twitter
  • #225,549
  • May 11, 2010 4:59am May 11, 2010 4:59am
Quoting bbmac
For this pairing, I see the immediate short-term direction of the pairing as 4 poss scenarios and most likely knee-jerk (+ ?) market reactions are shown below;

a. Con-Lib Formal coaltion-likely gbpusd rise
b. Lab-Lib Forma coaltion-likely gbpusd fall
c. Conservatiove minority govt with lib dems abstaining on queens speech and budget...more difficult to say, but more likely some gbpusd rise
d. Lib's saying no formal coaltion and will oppose above by conservative so new election....gbpusd likely sell-off

G/L
I only see it fall unless there is a definitive ConDem(ned) coalition and they do start reducing yearly deficit ASAP, but I will take each day as it comes and try to trade the charts.
  • #225,550
  • May 11, 2010 5:01am May 11, 2010 5:01am
Quoting pawpaw1000
85 important, ltl on m30
It has been a while since you posted a chart... go on let me see you ltl on m30!
  • #225,551
  • May 11, 2010 5:04am May 11, 2010 5:04am
I'm also short try to pick 1.4751 - 1.4761 as a target .. let see how it's play..
  • #225,552
  • May 11, 2010 5:05am May 11, 2010 5:05am
Quoting bbakker
It has been a while since you posted a chart... go on let me see you ltl on m30!
Not my real work space but here it is...
Attached Image (click to enlarge)
Click to Enlarge Name: LTL.png Size: 65 KB
@pawpaw1000 on Twitter
  • #225,553
  • May 11, 2010 5:05am May 11, 2010 5:05am
Quoting bbakker
As BB says... Plan your trade and trade your plan!
Taking a chapter out of Lions book are you? Taste of he's on medicine i suppose.

For the record Lion has a BIG mouth but he's a establish trader
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #225,554
  • May 11, 2010 5:11am May 11, 2010 5:11am
not looking good...

might bail soon...

AAH, as I type it bouces... ;-)
@pawpaw1000 on Twitter
  • #225,555
  • May 11, 2010 5:16am May 11, 2010 5:16am
Quoting Bull_Bear

Plan your trade, trade your plan.

If you have not learnt from me by now than you've been reading to many rubbish posts. Filter, Filter, Filter
Even here on the Dot - the chatter is very amusing - get distracted - got to get a hold on myself. Thanks for suggestion!
  • #225,556
  • May 11, 2010 5:21am May 11, 2010 5:21am
Quoting pawpaw1000
not looking good...

might bail soon...

AAH, as I type it bouces... ;-)
screwy pa.
price below do & dp, halted by yesterday's low & one subltl.
100 pips separates the mentioned levels, highly dense area.
I'd get off the low tf & move up to the higher tf for confirmation for a trade to avoid whipsaw.
Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: guh11.gif Size: 26 KB
Thank You
  • #225,557
  • May 11, 2010 5:22am May 11, 2010 5:22am
Quoting Bull_Bear
Taking a chapter out of Lions book are you? Taste of he's on medicine i suppose.

For the record Lion has a BIG mouth but he's a establish trader
No, no, no... I can't stand him and he's on my ignore list even if he's an established trader. In the past, all I can see him posting most of the time is shameless, immodest, unrepentent rubbish. I am not the only one with this view. My "all mouth and no trousers" was a play on your words with regards to FL.

I am just repeating what you said and highlighting the fact that one should plan the trade and then stick to the plan, so I don't know where you get the fact that I am taking a chapter out of Lion's book???
  • #225,558
  • May 11, 2010 5:23am May 11, 2010 5:23am
Quoting wormboy
screwy pa.
price below do & dp, halted by yesterday's low & one subltl.
100 pips separates the mentioned levels, highly dense area.
I'd get off the low tf & move up to the higher tf for confirmation for a trade to avoid whipsaw.
Good luck
thanks wormy, Mine is just a scalp for 35pips...

Will see how she reacts at todays low...
@pawpaw1000 on Twitter
  • #225,559
  • May 11, 2010 5:25am May 11, 2010 5:25am
Quoting pawpaw1000
thanks wormy, Mine is just a scalp for 35pips...

Will see how she reacts at todays low...
okay good luck
Thank You
  • #225,560
  • May 11, 2010 5:30am May 11, 2010 5:30am
Quoting wormboy
okay good luck
closed for 25...
@pawpaw1000 on Twitter
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