cant help but think this is all heading south. .meeting feirce resistance on 1.5720 area
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Cable Update (GBPUSD)
- #255,544
- Sep 23, 2010 3:48pm Sep 23, 2010 3:48pm
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- #255,547
- Sep 23, 2010 3:57pm Sep 23, 2010 3:57pm
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- #255,548
- Sep 23, 2010 4:01pm Sep 23, 2010 4:01pm
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- #255,549
- Sep 23, 2010 4:04pm Sep 23, 2010 4:04pm
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- Sep 23, 2010 4:08pm Sep 23, 2010 4:08pm
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And thus the reason for my reloads...
Couple added at 132.27, 1.5679.
wise man let the cable go and dixy too
we need to see some action , the 200 on m15 is holding for now
- #255,554
- Sep 23, 2010 4:10pm Sep 23, 2010 4:10pm
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And thus the reason for my reloads...
Couple added at 132.27, 1.5679.
Staying on the sidelines, meanwhile trying to help BOJ crushing the Yen
Don't be a hero. Don't have an ego. Always question yourself
- #255,556
- Sep 23, 2010 4:13pm Sep 23, 2010 4:13pm
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- #255,558
- Sep 23, 2010 4:23pm Sep 23, 2010 4:23pm
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Haven't the faintest idea where it will go, but that possible QE2 by BOE scares the hell out of me.
Staying on the sidelines, meanwhile trying to help BOJ crushing the Yen
That's the kinda shit I leave for everybody else to worry about. My days of fundamentals goes back to the stock market, where I know that there will be a reaction, but over all it's all bullshit.
Follow direction on a chart and things is a lot easier.
But hey, gotta say, when in doubt, sit it out!.
I am watching the 4 majors, so, seeing that EU found support on its 15m 200 is only a temp stop. I see a touch higher then current before the next retrace to the 30m 200. Same thing goes with EJ...Much like it's travel buddy in the dragon, Dragon has gone back to it's launch pad and time to fill the longs for the rest of the market, remember, when GJ made the largest part of its run was during Asian Session...Now that EU has topped the charts, and EG has spiked, I see a bit of weakness on these pairs and am waiting for Cable to retrace its yearly highs, or thereabouts, and watching for the dragon to challenge it's daily.
Bullish on the pound, bearish on the euro and taking them as they present.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
