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Cable Update (GBPUSD)

  • #234,121
  • Jun 27, 2010 11:49pm Jun 27, 2010 11:49pm
Quoting malcolmb14
when us markets go down money flows out of stocks and into usd / bonds. This makes usd stronger typically.

the correlation is about 65%.

This is why the gu and eu took a shit kicking in the 2008 market crisis
http://www.moneyshow.com/trading/Cur...currency-18326
Blogging daily now at www.volume.zone
  • #234,122
  • Jun 27, 2010 11:59pm Jun 27, 2010 11:59pm
Quoting cloggie
Hint for the countertraders, keep an eye on 5018
OK, that was nice.
  • #234,123
  • Jun 28, 2010 12:09am Jun 28, 2010 12:09am
The price is just ranging right now. I wouldn't buy or sell right now as nothing is confirmed. Overall trend is UP.
  • #234,124
  • Jun 28, 2010 12:11am Jun 28, 2010 12:11am
The stock market has a slightly statistical edge in having a better second half of the year. Was reading this in Kiplinger I believe. It was something like a 64% probability of a better 2nd half of the year and a 36% probably of the same or worse.

Seems like 2nd half of years are mostly better anyway.
Only expectation matters . . .
  • #234,125
  • Jun 28, 2010 12:15am Jun 28, 2010 12:15am
Can someone kindly please explain to me what is a "frankie fake out" ? thx
  • #234,126
  • Jun 28, 2010 12:24am Jun 28, 2010 12:24am
Quoting Skyhawks
Can someone kindly please explain to me what is a "frankie fake out" ? thx

It means that franky can give us a little pump n dump before the LO
  • #234,127
  • Jun 28, 2010 12:27am Jun 28, 2010 12:27am
Quoting cloggie
It means that franky can give us a little pump n dump before the LO
is that what happened when price went to 1.506 and reverse?
  • #234,128
  • Jun 28, 2010 12:29am Jun 28, 2010 12:29am
Quoting Skyhawks
Can someone kindly please explain to me what is a "frankie fake out" ? thx

google big ben theory

http://fliiby.com/file/760407/qnua168ukn.html

this will explain in detial
Blogging daily now at www.volume.zone
  • #234,129
  • Jun 28, 2010 12:41am Jun 28, 2010 12:41am
We're below the pivot line now....
  • #234,130
  • Jun 28, 2010 12:44am Jun 28, 2010 12:44am
Quoting Forextrader4
We're below the pivot line now....
You must have some freaky way of calculating your DP, we are way above it.

http://www.mataf.net/en/tools/03-01-pivot-point
  • #234,131
  • Jun 28, 2010 12:45am Jun 28, 2010 12:45am
Quoting malcolmb14
google big ben theory

http://fliiby.com/file/760407/qnua168ukn.html

this will explain in detial
Thank you, I learned something new today.
  • #234,132
  • Jun 28, 2010 12:45am Jun 28, 2010 12:45am
Quoting Forextrader4
We're below the pivot line now....
Anybody here using the Pivot Point Moving Average?
  • #234,133
  • Edited 12:48am Jun 28, 2010 12:46am | Edited 12:48am
Quoting deboooo2005
update
http://www.forexfactory.com/showthre...36#post3833636
You say "Reach me" in your sig. FOR WHAT ?
  • #234,134
  • Jun 28, 2010 12:47am Jun 28, 2010 12:47am
Quoting mdiz2
Thank you, I learned something new today.

A typical day gives you the franky fake, the london break, the consolidation, the reversal back to the open and NY setting the hi/lo with TY bringing it back.
  • #234,135
  • Jun 28, 2010 12:49am Jun 28, 2010 12:49am
Quoting vilas
You say "Reach me" in your sig. FOR WHAT ?

Calm down dear, no need to shout, we can all hear you. You have the floor, for about 2 minutes, go ahead get it out in the open.
  • #234,136
  • Jun 28, 2010 12:50am Jun 28, 2010 12:50am
Quoting cloggie
A typical day gives you the franky fake, the london break, the consolidation, the reversal back to the open and NY setting the hi/lo with TY bringing it back.
What does TY stand for? Thank you for the info.
  • #234,137
  • Jun 28, 2010 12:51am Jun 28, 2010 12:51am
Quoting cloggie
You must have some freaky way of calculating your DP, we are way above it.

http://www.mataf.net/en/tools/03-01-pivot-point
Lmao eur/usd, my baaddd
  • #234,138
  • Jun 28, 2010 12:51am Jun 28, 2010 12:51am
Quoting mdiz2
What does TY stand for? Thank you for the info.

It's that island out east, with the short boys.
  • #234,139
  • Jun 28, 2010 12:52am Jun 28, 2010 12:52am
Quoting Forextrader4
Lmao eur/usd, my baaddd

You still talking out of your bottom though, even that is well above the pivot. But look the Uj is below it.
  • #234,140
  • Edited 12:53am Jun 28, 2010 12:52am | Edited 12:53am
Quoting cloggie
You must have some freaky way of calculating your DP, we are way above it.

http://www.mataf.net/en/tools/03-01-pivot-point
Anyone notice about mataf.net. When I visit the site, I get "Virus" warning.

For that matter, you do not have to visit Mataf to calculate Pivot Points - can do thru' Excel.

Forextrader 4 could be using LDN Open / Close figures, hence different.
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