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Cable Update (GBPUSD)

  • #331,181
  • Nov 28, 2012 8:45pm Nov 28, 2012 8:45pm
Quoting iqyu5an
"President Obama’s confident words that “something will be done” to solve the fiscal cliff issue launched the bullish sentiment during the day"

yeah...another rumor ,,,,buy buy buy ....buy the words of "something will be done " .... then sell sell sell ...sell the fact for unclear " something "
Quoting iqyu5an
Overall ( at the moment ) , they already gave an order to stay below 38 monthly fibo and not let her touch 50 monthly fibo,even 1 pip after getting bounced and rally on last "black friday" . Roughly... above 50 is a bull area and below 50 is a bear area. Gonna watch and evaluate all condition ( incld... buy limit ) after monthly closing ( 2 or 3 days to go )
.
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not euphoria follower
  • #331,182
  • Nov 28, 2012 9:50pm Nov 28, 2012 9:50pm
Now out of all longs, shorts and everything in between.

If she drops hard today or Friday, I'm going to short every 20+ rally ( a little exaggeration ).
Come with me if you want to live....
  • #331,183
  • Nov 28, 2012 10:13pm Nov 28, 2012 10:13pm
uhhh give a look at s&p, oil, cable....
Looks like finally the super rally is in the cardsssssss
  • #331,184
  • Nov 28, 2012 11:41pm Nov 28, 2012 11:41pm
From a technical point of view the markets would have to fall to oblivion so they put Obama on TV. He said nice words and the market rallied:
http://www.marketwatch.com/story/us-...ies-2012-11-28

BUT! There is nothing new, so why is the market buying this BS?

btw: did they just change the article, because I can't find some sentences I swear I read :O

Anyway, I'm waiting for a reversal.
Yeah?! Well.. you know, that's just like.. your opinion man! - Big Lebowski
  • #331,185
  • Nov 29, 2012 12:16am Nov 29, 2012 12:16am
huh, is it time yet to short cable?
  • #331,186
  • Nov 29, 2012 12:18am Nov 29, 2012 12:18am
Quoting tunera
uhhh give a look at s&p, oil, cable....
Looks like finally the super rally is in the cardsssssss
Agreed....just surprised gold & silver aren't on the same page.
It works till it doesn't
  • #331,187
  • Nov 29, 2012 1:49am Nov 29, 2012 1:49am
Quoting DaEdge
Agreed....just surprised gold & silver aren't on the same page.

short from daily pivot? 1.5998?
Loosening is not an option
  • #331,188
  • Nov 29, 2012 1:54am Nov 29, 2012 1:54am
Quoting DaEdge
Agreed....just surprised gold & silver aren't on the same page.
and what if.... (image)
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  • #331,189
  • Nov 29, 2012 4:01am Nov 29, 2012 4:01am
G/M

Dead Thread !?

Yesterday's daily candle v. bullish...may result in a frcatl HL on this t/f - depending on how today's daily candle closes. Sir Merv of Swerv on at 1030am gmt.

50% of the 6271 (b) swing to 5827 (f) @/around the 6055 current weekly hi and other fibs of the a,b,c,d, and e swings to f (5827) are overhead that 6055 with Daily R2 @/around 6058

G/L
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ex member
  • #331,190
  • Nov 29, 2012 4:07am Nov 29, 2012 4:07am
Quoting bbmac
G/M

Dead Thread !?


G/L

Always looking the GREAT, never left GOOD Point...
  • #331,191
  • Nov 29, 2012 4:17am Nov 29, 2012 4:17am
The top could be in for the day, perhaps.
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  • #331,192
  • Nov 29, 2012 4:18am Nov 29, 2012 4:18am
nope... just waiting she came to area of interest for executing
http://www.forexfactory.com/attachme...9&d=1354157083

praying time ....
Quoting bbmac
G/M

Dead Thread !?

Yesterday's daily candle v. bullish...may result in a frcatl HL on this t/f - depending on how today's daily candle closes. Sir Merv of Swerv on at 1030am gmt.

50% of the 6271 (b) swing to 5827 (f) @/around the 6055 current weekly hi and other fibs of the a,b,c,d, and e swings to f (5827) are overhead that 6055 with Daily R2 @/around 6058

G/L
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not euphoria follower
  • #331,193
  • Nov 29, 2012 4:39am Nov 29, 2012 4:39am
current movement in this pairing re pip ranges isn't as it once was !

G/L
Attached Image
ex member
  • #331,194
  • Nov 29, 2012 4:40am Nov 29, 2012 4:40am
Quoting C-12
The top could be in for the day, perhaps.
  • #331,195
  • Nov 29, 2012 5:02am Nov 29, 2012 5:02am
Quoting bbmac
current movement in this pairing re pip ranges isn't as it once was !

G/L
A function of this, perhaps:

(and Continuation Signals 101 would suggest parity by 2014. I'm only half joking..)
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  • #331,196
  • Nov 29, 2012 5:26am Nov 29, 2012 5:26am
Quoting CasperTrader
i think 6060 or 6140?
Wolves don't lose any sleep over the opinion of the sheep.
  • #331,197
  • Nov 29, 2012 5:32am Nov 29, 2012 5:32am
Quoting bbmac
current movement in this pairing re pip ranges isn't as it once was !

G/L
doesnt matter how hi or low the range as long as we could make some profit on it,
  • #331,198
  • Nov 29, 2012 5:59am Nov 29, 2012 5:59am
absolutely but I would argue that declining average pip ranges which are a function of declining actual pip ranges make it more difficult for most to achieve that.

G/L

Quoting Space
doesnt matter how hi or low the range as long as we could make some profit on it,
ex member
  • #331,199
  • Nov 29, 2012 6:04am Nov 29, 2012 6:04am
Quoting bbmac
current movement in this pairing re pip ranges isn't as it once was !

G/L
sadly, it seems like a dying market, always less and less range, i don't know if expect some kind of volatility breakout or some kind of not soo far future when the adr will be of just 10pips, eurchf style lol
  • #331,200
  • Nov 29, 2012 6:16am Nov 29, 2012 6:16am
i shorted gbp/aud laat night, lost 400pips and still raising..

imho gbp will break its shackles and will go top hard when us markets open.
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