PA should make a decision dive or climb... stop this trambollino thing!
Cable Update (GBPUSD)
- #314,142
- May 21, 2012 10:45am May 21, 2012 10:45am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
well when i write a post with some chart and say PA may indicate bearish continuation, i really see it. Ok today this pair is making us crazy with this up and down, but overall we're in a retrace and currently pointing down to trend continuation (hopefully!).
Ok stop posting for today, good luck all!
Ok stop posting for today, good luck all!
- #314,143
- Edited 11:03am May 21, 2012 10:51am | Edited 11:03am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
ROTFL
Yes ultimately is all bullshit, the only thing that is reliable in this game are the trends, but cable is a pair that havn't a good relation with trends (one day trend up, one day trend down, long-term consolidation, hard to define a trend on this pair).
But ok if we look the last week, we can say somehow the trend may be currently down
https://twitter.com/#!/kathylienfx/s...137281/photo/1
- #314,147
- May 21, 2012 11:47am May 21, 2012 11:47am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
- #314,148
- May 21, 2012 11:52am May 21, 2012 11:52am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
looks like a big calm now on the pair, but it is on the edge of the collapse, 
- #314,150
- May 21, 2012 11:58am May 21, 2012 11:58am
- Joined May 2009 | Status: Trader | 4,895 Posts
Position reversed. what a boring day today... 
Later guys... zzzzz.
Later guys... zzzzz.
- #314,152
- May 21, 2012 12:06pm May 21, 2012 12:06pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
You are trading to my stop
- #314,153
- May 21, 2012 12:58pm May 21, 2012 12:58pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
No
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #314,154
- May 21, 2012 12:59pm May 21, 2012 12:59pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #314,156
- May 21, 2012 1:38pm May 21, 2012 1:38pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
No way
- #314,158
- May 21, 2012 2:52pm May 21, 2012 2:52pm
GBPNZD reached 2.1, a short bullish GBP correction can push it to take out the top, to go short we just need commodities and stocks to regain strength, whenever this will be
http://img.picshare.at/1337551861_Sc....-20-23.39.png
PA is indicating a "possible" anything
continuing to hold my 5900-6000 correction outlook since yesterday, i think 5740 print invalidates.