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XTrade replied Apr 22, 2010Yeah... Looks that way -- Could be the last ditch head fake but doubtful-- at bottom of TL again, sl in place. G/L ALL talk ta ya guys later nap time.
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010cable TL — Wormie I am liking the strength of this TL so far! --------------------------------------------------------- Oh and yes thos are trillions url
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010take a look — USA NATIONAL DEBT CLOCK. url So who's suffering currency performs better? Answer = GOLD!
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010So far the "Poor" (Actually Retail sales higher than previous) news from GB has Boosted cable off the Trendline that London has typically sold down to..... Let's see where it goes. Some may say this is better than expected.. Just b/c it does not ...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010THere is no science as to trading news releases. Some have similar reactions some are adverse - others reactive, some non-existent, finally some to the contrary. If someone was holing a cable long from say 5250 selling or buying into any news ...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010We are coming up on the TL of recent.... Lets see what happens here.
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010OK so? Today is Thursday. Things Change. Fast especially in FX... NO?
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010True.. If you want to trade alone on a newstrade. Yes I can understand selling the top of a huge spike. Good luck being 100% right on picking that. Suppose you sell INTO a huge spike. Ever watch how Oil moves on news??? Crude oil inventory? My point ...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010Why sell news if it is positive...? Selloff maybe complete now...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010Jim, Charts posted with explanations... On this very page 7346 of posts Here come the LDN sell... Going long again when they are done...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010Fibre View — Since the 2 work in tandem "at times" Here is my fibre long Low Risk. Stop below last pivot or where comfortable - may adjust for LDN H4 chart we are at the bottom of this wide channel. Buying started - Risk is back baby.
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010If I can add — I would not be surprised at all to see selling pre LDN or a headfake down by the LDN boys to wipe out a few stops and fake the market out into thinking it is time to get short.... All to then see a Massive H1 candle buy....
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010We just broke multiple intraday resistance areas. First the simple TL has to be violated and held. Next one would need negative EUR / LDN news. For the most part the forecasts are positive. THe US is not the only economy important when trading.... ...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010simple S/R trendline chart - my view — Here is the simple view chart
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010Weakness? — On H1 & H4 I am looking to first re-test 5500. Maybe we will not move straight up. Yet, If news permits and Goldman Sachs is not accused of fraud overnight My sights are set on this as target "area" #1. Where are you seeing all the ...
Cable Update (GBPUSD)
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XTrade replied Apr 22, 2010Hey All, Looking at the chart H1 I am looking to re-test 1.5500 for cable. Gold Moving up nicely. Fibre may cook on some positive news. Also fibre is @ bottom of range on H4 with some bullish divergence (higher Highs - Higher Lows) Cable trending ...
Cable Update (GBPUSD)
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XTrade replied Apr 20, 2010Righto, but we have moved from the 52s into the 54s in one night. Not bad for the long side. Can you hedge?...
Cable Update (GBPUSD)
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XTrade replied Apr 20, 2010Hey BB. Are you live trading @ worK? If you don't mind my asking... If I am out of place no need to answer. Maybe you can?
Cable Update (GBPUSD)