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- 45Condor replied Jul 7, 2014
I’m not one to criticise any other trader’s point of view – the fact is, we retailers do not know what lies around the corner. However, if I based any further direction calls for Cable upon the daily charts of FXCM Dollar, EU and EG, I would say ...
- 45Condor replied Jul 1, 2014
As referenced to in this post from earlier, the FXCM Dollar has kissed the 161.8 FE. Triple bottom on the weekly, or will it break… FXCM Dollar weekly: image FXCM Dollar daily image FTSE having a little surge today image As for Cable, well, it ...
- 45Condor replied Jul 1, 2014
There is resistance above to overcome... Monthly: image Weekly: image Daily: image
- 45Condor replied Jul 1, 2014
FXCM Dollar weekly: Well, it’s looking weak to me, and seemingly heading for the FE 161.8 level… which also helps in the inversion south of the Guppy profile image FXCM Dollar daily: Double bottom just in time for UK news, with most expecting a ...
- 45Condor replied Jun 28, 2014
image Monthly moan ending June 2014 I’m liberal-minded – but not, I hasten to add, a fluffy liberal. As such, I will tolerate most things… in moderation, or to the point where the pain becomes unbearable, not to say absolutely disgusting to look ...
- 45Condor replied Jun 28, 2014
image Monthly moan ending June 2014 I’m liberal-minded – but not, I hasten to add, a fluffy liberal. As such, I will tolerate most things… in moderation, or to the point where the pain becomes unbearable, not to say absolutely disgusting to look ...
- 45Condor replied Jun 28, 2014
Hmm… somewhat interesting that Cable seems to be finishing the month at the high of 2009. Yes, it may seem a little ‘toppy’, but then that has appeared to be the case for so long now, that any argument for a fall must come with some caveats. The ...
- 45Condor replied Jun 18, 2014
For those of us that are short, the daily, currently, suggests a DT is being put in place. PA now testing the support of the 76.4 FE. Should this break, a retest of the ascending red MAs of the Guppy profile may be the next stop. Of course, speeches ...
- 45Condor replied Jun 14, 2014
Weekly trends look firmly in place – again. FXCM Dollar: Down after a retrace back up to the inverting Guppy profile, with a finish on Friday on the 138.2 FE. I would expect this support to give way, and thus help Cable north. image EG: Dropped ...
- 45Condor replied Jun 7, 2014
Priced in or not, the rate cut last week for the Euro zone certainly caused some tears for those trapped by the whiplash. I still remain of the opinion that 0.50% with Sterling will attract money more than the even more measly 0.10% given out by the ...
- 45Condor replied Jun 4, 2014
News coming... I can't watch. image
- 45Condor replied Jun 4, 2014
Cable daily has broken south of the ascending Guppy profile, retested north and created a pin yesterday, and now shows signs of dropping back down. (This has not been the case, for most of the PAs of similar behaviour, for quite some weeks now.) ...
- 45Condor replied May 31, 2014
image Sedition. It’s a lovely word, and packed full of potent punch. It’s also a dangerous concept that, left unchecked, rises quickly, and takes most by surprise. I was in Bangkok at the beginning of this month – my little suite high above the ...
- 45Condor replied May 31, 2014
If I look at daily charts for the other instruments that I monitor for my Cable trading, I would say the EG is on a southerly path. Likewise, I would state the same for EU. Regarding the FXCM Dollar, it may well be that the recent southerly push is ...
- 45Condor replied May 31, 2014
Cable_My four charts’ worth_31.05.14 Monthly: Hmm, twice now, Cable has failed to close above that 76.4 FE; with the month just closed being seemingly bearish. I also see a failure for the red MAs to invert north – yes, it takes time on a monthly ...
- 45Condor replied May 28, 2014
I never disregard alternative opinions. What I will add to your observation is that on the daily, PA has rested upon the last of the slow MAs of the Guppy profile, and that Cable has a nasty habit of using this as support. As we have seen, the trend ...
- 45Condor replied May 24, 2014
The weekly and daily charts for the four instruments that I am watching present a slightly different picture for the shorter term potential for trend changes. For Cable, it would seem that the weekly Guppy profile still holds the potential to ...
- 45Condor replied May 24, 2014
A lot of chatter over the airwaves concerning trends, shifts in trends, and where instrument PAs may be heading for the summer. When I look at the monthly for Cable, I see a top-out on the 76.4 FE, and a possible need for a correction south – in ...
- 45Condor replied May 22, 2014
Hmm... is this the morning pump - to the 76.4 fib - prior to the dump come the news in half an hour?
- 45Condor replied May 20, 2014
Big pharma fallout aside (AstraZeneca/Pfizer), and given today’s tepid response to the inflation data, I think I would be looking to tomorrow’s UK retail sales as a sign of things to come for Cable for the remainder of the week. I don’t expect any ...