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- cloggie replied Mar 25, 2010
And we are back at 4956 again, this could be either the long or short entry for me. 4956 has been a player for me all morning so far.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
I am staying out for now, waiting to see where she settles. There is no way the market is going to accept these numbers blindly. How convenient biggest increase in retail weeks before the election, yeah Brown is doing great the economy has ...
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
That is a big jump in the number, can see Brown's hand in that one.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
The obvious target for the retail numbers is down, however we are weeks away from an election and we could get a bit of a fudge on the numbers to be adjusted next month.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
I definitely missed the boat this morning. Scalping time for longs. Should have gotten up earlier. The train left the station without me. Let's see what the news does here.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
There may be more room up here, let's see if the 150ma holds. Am still flat, got up too late this morning to join this run up. By the time I get my short confirmation, we'll have the news at the same time; not good. Edit: 150 ma gone, we are going ...
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
Keep adding to your toolbox... This is my 800th post, I talk too much and don't trade enough... Waiting for the M15/M30 close.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
I see a short setup forming here below the 150ma on M15, the DP may keel her over. Waiting with anticipation.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
4956 is my next number to watch, I am still flat not going to pick a top and not getting in halfway a retrace
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
EU markets opening flat. No kneejerk reaction to fibre and cable expected.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
currencies never move in a straight line and will always consolidate at important levels, especially Pivots. Once reached I will not enter in the consolidation area and will always wait for a break, no need to pick tops and bottoms. I am with ...
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
I agree, but I want to see a consolidation on M15, it is the DP and I want to be sure.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
Watch 3346 and 3374 if either proves to be support, fibre may be done with its retrace.
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
DP and the earlier support of the retrace on M30 from last night. She has been trying to reverse for the 3rd time now and was always held back by 4912, indicating that earlier reversals had no strength. To indicate a proper reversal the earlier ...
Cable Update (GBPUSD)
- cloggie replied Mar 25, 2010
First two numbers of the retrace reached, will she continue or reverse the bearish trend? She is overbought on M5/M15 and I want to see that calm down a bit to make up my mind.
Cable Update (GBPUSD)