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Cable Update (GBPUSD)

  • #241,401
  • Jul 28, 2010 2:57am Jul 28, 2010 2:57am
Quoting forexlion
walnut or ...... clarify
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  • #241,402
  • Jul 28, 2010 3:00am Jul 28, 2010 3:00am
Quoting Bitstream
Broken through the 100 Fibbo, MACD also starting to move south... Lets see if it can hit the 76.4 Fib!
Target hit, got out with 30ish pips!
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Attached Image
  • #241,403
  • Jul 28, 2010 3:11am Jul 28, 2010 3:11am
Quoting cloggie
There's more here, always good for a laugh

thanks for this cloggs!
Thank You
  • #241,404
  • Edited 3:28am Jul 28, 2010 3:14am | Edited 3:28am
Quoting Bitstream
Target hit, got out with 30ish pips!
u forgot his other pic
  • #241,405
  • Jul 28, 2010 3:33am Jul 28, 2010 3:33am
Quoting forexlion
u forgot his other pic
I removed it

anyways

seems like cable still has room to achieve the high 1.58 on daily chart, sometime in feb this year
  • #241,406
  • Jul 28, 2010 3:33am Jul 28, 2010 3:33am
Quoting nAVIN2007
go one left from..1.52..looking long term trade..looking to buy dips..assuming monthly closes bullish

im good buddy..just getting ready to flex to work..
(she made a higher high on weekly so far plan is working out!!)
glad to hear it's working out right for you bro...good luck with your trades and at work...
Hear the music before the song is over ...
  • #241,407
  • Jul 28, 2010 3:36am Jul 28, 2010 3:36am
Long taken at the 100 Fibbo, if she doesnt hold, I'll let it go...
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  • #241,408
  • Jul 28, 2010 3:36am Jul 28, 2010 3:36am
GM all....

I hope your trading is going well!

My USDCHF trade stopped out last night, but my GBPCHF trade is still going pretty strong currently up 10%.

I think I have finally recovered from Sugarland
"Keep your eyes on the helpers" - Mr. Rogers
  • #241,409
  • Jul 28, 2010 3:41am Jul 28, 2010 3:41am
Quoting Bitstream
Long taken at the 100 Fibbo, if she doesnt hold, I'll let it go...

Position cut for a 10 pip.
  • #241,410
  • Jul 28, 2010 3:43am Jul 28, 2010 3:43am
Do you know what King is speaking ? I do not see any article in FF, Do you know where to watch him speaking ?
Give me patience
  • #241,411
  • Jul 28, 2010 3:46am Jul 28, 2010 3:46am
Quoting wormboy

thanks for this cloggs!
god damn thats coming like art work..

have a good one bro!
  • #241,412
  • Jul 28, 2010 3:56am Jul 28, 2010 3:56am
Morning all, still don't see many longs about yet. With King flaffing about now, I am going to watch the action a bit.
  • #241,413
  • Jul 28, 2010 3:59am Jul 28, 2010 3:59am
Quoting cloggie
Morning all, still don't see many longs about yet. With King flaffing about now, I am going to watch the action a bit.
Still waiting to see how the speech affects the market...
Don't be emo... don't be emo....
  • #241,414
  • Jul 28, 2010 4:00am Jul 28, 2010 4:00am
Quoting Bullfx
Do you know what King is speaking ? I do not see any article in FF, Do you know where to watch him speaking ?

BBC/BBC24 is always a good one to use, if you don't get them they always broadcast on the web http://www.bbc.co.uk/news/10318089
  • #241,415
  • Jul 28, 2010 4:01am Jul 28, 2010 4:01am
Quoting drakes
Still waiting to see how the speech affects the market...

I am actually scalping some of the shorts of the channel on M5, ignoring the buys for the first time in a week. Bit of Wormy play, drilling some holes.
  • #241,416
  • Jul 28, 2010 4:04am Jul 28, 2010 4:04am
Quoting cloggie
I am actually scalping some of the shorts of the channel on M5, ignoring the buys for the first time in a week. Bit of Wormy play, drilling some holes.
Hehehe.... a change in tactics?
Don't be emo... don't be emo....
  • #241,417
  • Jul 28, 2010 4:07am Jul 28, 2010 4:07am
Quoting drakes
Hehehe.... a change in tactics?

Yeah for the first time, some of the points I got from King were:

 

  1. He was not certain that the recovery was sustainable
  2. Further QE may be warranted
  3. GDP was encouraging but don't read too much into one number (ah, the next one going to be crap then?)
  4. Inflation to remain above target (which is actually good for sterling)

So again, he was up and down, as usual and the PA is reflecting that. Merve the Swerve in action.

Right now we are at the bottom on M5/15 so that play is done.

  • #241,418
  • Jul 28, 2010 4:09am Jul 28, 2010 4:09am
Quoting cloggie
BBC/BBC24 is always a good one to use, if you don't get them they always broadcast on the web http://www.bbc.co.uk/news/10318089
I can't see it.
Not Found

The requested URL /news/10318089 was not found on this server.
Give me patience
  • #241,419
  • Jul 28, 2010 4:10am Jul 28, 2010 4:10am
Quoting Bullfx
I can't see it.
Not Found

The requested URL /news/10318089 was not found on this server.

Ah, you may need a UK proxy to see it.
  • #241,420
  • Jul 28, 2010 4:10am Jul 28, 2010 4:10am
you can watch mervyn king etc live here:

http://www.parliamentlive.tv/Main/Pl...er=silverlight
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