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Cable Update (GBPUSD)

  • #242,701
  • Aug 3, 2010 8:06am Aug 3, 2010 8:06am
Quoting wormboy
but forexlion's super duper elliot wave software is pointing to 1.75 now!
ah ha ha , give it a day or so and it will paint a new picture and the current one wont exist wormie lol
  • #242,702
  • Aug 3, 2010 8:12am Aug 3, 2010 8:12am
Slowing down, for today's I'm flat.
Attached Image (click to enlarge)
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  • #242,703
  • Aug 3, 2010 8:14am Aug 3, 2010 8:14am
Quoting Bydyke
Keeping it short and simple is unbeatable any day.

Would you mind to share?


Please ignore this. Never knew you would see the earlier post
  • #242,704
  • Aug 3, 2010 8:17am Aug 3, 2010 8:17am
hi cloggie, how's it going?

Market today unsure what to do...

News in 40mins may push it somewhere....
Don't be emo... don't be emo....
  • #242,705
  • Aug 3, 2010 8:21am Aug 3, 2010 8:21am
Quoting dxvas
Please can somebody who is really familiar with the box trading system open a separate tread so we can get all the info at one place...

thanks
Here is the posts that cloggie and 4xstar made the other day. 4xstar put them together and offered them here twice.
Attached File(s)
File Type: doc Cloggie-4x-Conversation07-30-10.doc   25 KB | 534 downloads
  • #242,706
  • Aug 3, 2010 8:21am Aug 3, 2010 8:21am
bulls look like theyre struggling atm.......just shy of 61 fib...im waiting to see how price reacts to wkly r2

home sales are gonna be a big factor expected (.5 from -30?! yea right .........)
  • #242,707
  • Aug 3, 2010 8:23am Aug 3, 2010 8:23am
1.5950 tough to beat today, any one know why?? not showing much on my charts for solid resistance

cheers slim
  • #242,708
  • Aug 3, 2010 8:23am Aug 3, 2010 8:23am
Broke through support line of 1.5930

Now 1.5930 becomes resistance??
  • #242,709
  • Aug 3, 2010 8:26am Aug 3, 2010 8:26am
GlobalMacro..how's your trade?

My short are good for now...cheers!
  • #242,710
  • Aug 3, 2010 8:26am Aug 3, 2010 8:26am
Quoting slimcat
1.5950 tough to beat today, any one know why?? not showing much on my charts for solid resistance

cheers slim
It looks like 0,618 daily fibo resistance
  • #242,711
  • Aug 3, 2010 8:27am Aug 3, 2010 8:27am
Quoting cloggie
So far the Bulls are losing and we are now testing the lTL on the M15, once that goes the CT-ers will laugh and the ones holding longs from this morning may want to have a close look at their stops.

That lTL was worth a few pips so far.
Attached Image (click to enlarge)
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  • #242,712
  • Aug 3, 2010 8:28am Aug 3, 2010 8:28am
Quoting LetsTrade
Broke through support line of 1.5930

Now 1.5930 becomes resistance??
Would wait for a the bar to close, but if it stays as is, yes. Would also wait for the next bar to test it.
  • #242,713
  • Aug 3, 2010 8:29am Aug 3, 2010 8:29am
Quoting mdiz2
Here is the posts that cloggie and 4xstar made the other day. 4xstar put them together and offered them here twice.

thanks for the document, but I already downloaded yesterday.
  • #242,714
  • Aug 3, 2010 8:29am Aug 3, 2010 8:29am
Quoting slimcat
1.5950 tough to beat today, any one know why?? not showing much on my charts for solid resistance
Maybe strength of bulls is exhausted. See chart.
Attached Image (click to enlarge)
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  • #242,715
  • Aug 3, 2010 8:31am Aug 3, 2010 8:31am
so personal spending and personal income went down, but homes sales are expected to go up......LOL

preparing for a selloff....evryone and their brother is long on this pair...its too easy, if it seems too good be true it probably is! there is no such thing as an easy trade and a lot of ppl are thinking that they can just long and profit, market may surprise
  • #242,716
  • Aug 3, 2010 8:35am Aug 3, 2010 8:35am
Quoting mfoste1
so personal spending and personal income went down, but homes sales are expected to go up......LOL

preparing for a selloff....evryone and their brother is long on this pair...its too easy, if it seems too good be true it probably is!

Not just that all the previous ones were revised down, we are getting a drip feed of cr@p numbers and revisions lately, and people still think that the socialistic Keynesian policies of Obamarama are working?

Let me see, let's spend a couple of trillion, just print the money, let's not address the income side, no need to reduce the expenses and let's ignore the private sector.
  • #242,717
  • Aug 3, 2010 8:38am Aug 3, 2010 8:38am
Tug of war going on now.. Bulls still fighting... are you still short?

Quoting GlobalMacro
not on this pair, right?...E/G maybe?
  • #242,718
  • Aug 3, 2010 8:40am Aug 3, 2010 8:40am
Quoting zodiak
GlobalMacro..how's your trade?

My short are good for now...cheers!
so far pa pointing to the right direction...cheers
Hear the music before the song is over ...
  • #242,719
  • Aug 3, 2010 8:40am Aug 3, 2010 8:40am
Quoting cloggie
Not just that all the previous ones were revised down, we are getting a drip feed of cr@p numbers and revisions lately, and people still think that the socialistic Keynesian policies of Obamarama are working?

Let me see, let's spend a couple of trillion, just print the money, let's not address the income side, no need to reduce the expenses and let's ignore the private sector.


the books are cooked and they have been for a long time.......so they dont get enough votes for a fed audit wow what a surprise..........just wait till the people find out what is really going on....watch out


Cloggie you watching gbp/chf? looks like a sweet double top has formed on 15m
  • #242,720
  • Aug 3, 2010 8:43am Aug 3, 2010 8:43am
Quoting peach
Tug of war going on now.. Bulls still fighting... are you still short?
I am...

makes one think...why do bulls have to fight in an uptrend...
Hear the music before the song is over ...
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