They never raised interest rate since 2001
Hero calls followed by margin calls...
- Post #271,541
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- Feb 10, 2011 8:27am Feb 10, 2011 8:27am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
- Post #271,542
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- Feb 10, 2011 8:36am Feb 10, 2011 8:36am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- Post #271,543
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- Feb 10, 2011 8:50am Feb 10, 2011 8:50am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
- Post #271,544
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- Feb 10, 2011 8:52am Feb 10, 2011 8:52am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
DX now at 7836 ,high of 7 feb. If it pushes through and holds i would then look to short cable below 16035 ..support from 4,8,9,10 Feb.
Hero calls followed by margin calls...
- Post #271,545
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- Feb 10, 2011 8:54am Feb 10, 2011 8:54am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- Post #271,547
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- Feb 10, 2011 9:01am Feb 10, 2011 9:01am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
hi traders
i think is a pattern that makes the market goes down to at least 1.6000, exactly where my TP is .of course i considered stochastic and MA in my analysis as well
well if we break 6000 this baby will dip hard.
Ph.
Hero calls followed by margin calls...
- Post #271,548
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- Feb 10, 2011 9:13am Feb 10, 2011 9:13am
nice trade, but hide your account equity and lotsize, this is your private thing.
well if we break 6000 this baby will dip hard.
Ph.
- Post #271,549
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- Feb 10, 2011 9:20am Feb 10, 2011 9:20am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
chart?
All systems of divination, like music itself,work through patterns.
- Post #271,551
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- Feb 10, 2011 9:29am Feb 10, 2011 9:29am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
ok.
What we want and what we have.
We want: break of 6000 level....finally....
-----------------------------------------------------------
what we have :
fundies :
We had a lot n lot of bad u.k data this month and end fo january.
Bank of England didnt hike rates today , still 0,25 % interest rate ( which should actually weaken the pound.)
Then we got quiet ok/good job data figures from the u.su 1 hour ago.
Also technicals (daily charts) gbpusd,gbpjpy and gbpchf pointing down....
only gbpjpy is at critical resistance level 133.35.
So my line is the following : i stick to my gbpchf,gbpusd,gbpjpy shorts .... doesnt matter what usdchf and usdjpy do.
I will check how gbpchf and gpbjpy behave when gbpusd crosses and closes finally below 6000 psych/keylevel.
actually i planed with the 6000 approach some hours earlier....well sad game.
Charts :
everything depends on cable now..... usdx up, gbpx down .....gbpusd up..... lol. love this game
What we want and what we have.
We want: break of 6000 level....finally....
-----------------------------------------------------------
what we have :
fundies :
We had a lot n lot of bad u.k data this month and end fo january.
Bank of England didnt hike rates today , still 0,25 % interest rate ( which should actually weaken the pound.)
Then we got quiet ok/good job data figures from the u.su 1 hour ago.
Also technicals (daily charts) gbpusd,gbpjpy and gbpchf pointing down....
only gbpjpy is at critical resistance level 133.35.
So my line is the following : i stick to my gbpchf,gbpusd,gbpjpy shorts .... doesnt matter what usdchf and usdjpy do.
I will check how gbpchf and gpbjpy behave when gbpusd crosses and closes finally below 6000 psych/keylevel.
actually i planed with the 6000 approach some hours earlier....well sad game.
Charts :
everything depends on cable now..... usdx up, gbpx down .....gbpusd up..... lol. love this game
Hero calls followed by margin calls...
- Post #271,553
- Quote
- Feb 10, 2011 9:49am Feb 10, 2011 9:49am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
it makes senes
anyway cable is the worriest pair in forex this year so far. sick moves. ignores fundies completely so far.
this is a growing bubble, below 6000 we will see the rally.
i swear.
...lets concentrate on some cable charts again :
we got a descending triangle here, compression towards support zone 6000-6020.
some LL,LHs on the hourly
and a nice trendline on the weekly :
so i need to train in patience now
cannot do more.
like my analysis (braggert style
), fundies providing my line.kind. reg.
Ph.
Hero calls followed by margin calls...
- Post #271,554
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- Feb 10, 2011 9:49am Feb 10, 2011 9:49am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
- Post #271,555
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- Feb 10, 2011 9:59am Feb 10, 2011 9:59am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You 
- Post #271,556
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- Feb 10, 2011 10:15am Feb 10, 2011 10:15am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
okay throwing in the towel & closing out my long for a small loss. Not gonna hold this as price is now below the W1 pvp.
looks like bears are about to rip the sharks.
Don't be a hero. Don't have an ego. Always question yourself
- Post #271,558
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- Feb 10, 2011 10:30am Feb 10, 2011 10:30am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- Post #271,559
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- Feb 10, 2011 10:52am Feb 10, 2011 10:52am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
