when your talking about the profit taking after Q1 on the Dow, do you believe it will get us beneath 13,000? This will be a 10% correction if it were to occur?

Cable Update (GBPUSD)

Down she goes and where she stops nobody knows?

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feeling quite confident we have not reached the bottom yet from this trend. This correction so far is along expected lines but i dont see much more from it. going to bed, will be back in 8 hours

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still waiting for the elevator down, a couple more pips should do it.

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I completely agree with the things i aint got my head around yet, its why i dont try to get overly technical too often. Whenever i get really deep into technical analysis or start to feel like im getting a grip of the fundamentals something happens ...

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i believe we are at the top of the steps and about to catch an elevator down

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loner term trends are viewed on more longer term time frames. It is true that right now if you look at the 5, 10, 15, 30 and hourly charts it seems we are now on an uptrend. However, when you view the daily and weekly timeframes (which are a better ...

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this is true, lol

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yeah, even more ridiculous for sure sometimes you have to step back and wonder wtf is going on with the markets, nothing makes sense any more.

Cable Update (GBPUSD)

a little off topic but can anyone explain to me why the Dow is so damn high? Surely everyone can see that this is an incredible bubble with almost all countries worldwide drowning in debt, slowing consumer spending and potential super high inflation ...

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and you see the US about to go backwards at the rate of the UK?

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exited long positions at a profit. tempted to go short but its not allowed in my strategy, will look to reload long from 1.50 im calling 1.512 the top of this small rally.

Cable Update (GBPUSD)

would be unlikely considering the current situation in the UK (very poor information which is worsening by the week it seems). Maybe a slight correction before more down moves.

Cable Update (GBPUSD)

Cable forum seems dead. This relative strength considering the poor news for the UK today makes me think there is more likely a sustained rise ahead. Maybe not far but does this mean we have seen the end of the downtrend? Anyone want to call the low ...

Cable Update (GBPUSD)

[quote=nAVIN2007;6486314] I spent the whole of last year glued to the screen trying to catch quick trades working predominantly with Bollinger bands. Came out slightly negative and thought there has to be a better way. Il be back was talking about ...

Cable Update (GBPUSD)

[quote=Ill-b-back;6485603]Yep, and for all us longer timeframe heads, we take a look a little more to the left on the monthly Hoping to see a little more down first though, then watch PA Longs got pulverised whle out to dinner ...

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if in doubt do neither my friend

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I may need a further explanation of that one?

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