DislikedSo as I understand your post....
You say " Cable up" which means anytime in the future !
You show a Cable WEEKLY chart...!
You then quote EURAUD in a Cable thread!
And then you say you dont trade the " WEEKLY" charts !
You then claim that a pair can be bearish and go up by 600-700 pips apparently with out any indication...( looking at your charts).
The point Iam making is: many of the people that come in this thread are newbies, and yesterday you came in and said " Cable up" therefore it would be reasonable to assume...Ignored
- #3,321
- May 26, 2010 10:14am May 26, 2010 10:14am
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
- #3,322
- May 26, 2010 1:39pm May 26, 2010 1:39pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #3,323
- Edited 3:17pm May 26, 2010 2:50pm | Edited 3:17pm
Geoff
A few days ago we discussed the present Financial situation...This morning I recived this in my inbox.....
"The Wall Street Journal says it's time to start worrying about a "double dip recession."
We suspect that output will dip below zero again - giving us, technically, a 'double dip' recession. But calling it a recession misses the point. It's not just a pause. It's a change...a Great Correction.
Not that we have any new information on the subject. And we wait to be proven wrong. But we can add and subtract. And when we add up the debt totals in the developed world - the US, Europe, and Japan - what we get are some pretty big numbers. Government debt alone is $32 trillion. That's for a combined economy of about $34 trillion ".
Thats a debt to GBP ratio to cause worry...
The markets are ranging poised to react to any news....The Cable could bounce in either direction.....of course overall still Bearish..
Time to make money..
A few days ago we discussed the present Financial situation...This morning I recived this in my inbox.....
"The Wall Street Journal says it's time to start worrying about a "double dip recession."
We suspect that output will dip below zero again - giving us, technically, a 'double dip' recession. But calling it a recession misses the point. It's not just a pause. It's a change...a Great Correction.
Not that we have any new information on the subject. And we wait to be proven wrong. But we can add and subtract. And when we add up the debt totals in the developed world - the US, Europe, and Japan - what we get are some pretty big numbers. Government debt alone is $32 trillion. That's for a combined economy of about $34 trillion ".
Thats a debt to GBP ratio to cause worry...
The markets are ranging poised to react to any news....The Cable could bounce in either direction.....of course overall still Bearish..
Time to make money..
- #3,324
- May 26, 2010 3:03pm May 26, 2010 3:03pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
OK, today it's different picture I think.. Since GU above Pivot and pointing down
now, this could lead us to hit Support 1 overnight and in this case
EMA 10 can be point down in same directions as 197..
I think we can see a SHORT orders (open) today.. Hope Cable
can hold this area till 11 GMT
to give us some downside room for profit
now, this could lead us to hit Support 1 overnight and in this case
EMA 10 can be point down in same directions as 197..
I think we can see a SHORT orders (open) today.. Hope Cable
can hold this area till 11 GMT
to give us some downside room for profit
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #3,325
- May 26, 2010 3:05pm May 26, 2010 3:05pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
- #3,326
- May 26, 2010 3:45pm May 26, 2010 3:45pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
Looks like a possible trade today, just a bit worried by the trend line! 
- #3,328
- May 26, 2010 3:51pm May 26, 2010 3:51pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
so, may be to perform an Emergency Plan (tp1 14) ?
- #3,330
- May 26, 2010 3:58pm May 26, 2010 3:58pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
so, may be to perform an Emergency Plan (tp1 14) ?
- #3,334
- May 26, 2010 4:23pm May 26, 2010 4:23pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
GBP just spiked down. Thoughts?
Good night all...
- #3,337
- May 26, 2010 4:49pm May 26, 2010 4:49pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
- #3,339
- May 26, 2010 5:27pm May 26, 2010 5:27pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
GBP just spiked down. Thoughts?
We can expect spike any direction, regardless of what
charts are showing currently..
Cable just bounce off Pivot, nothing unusual about that (so far)
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
