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Fudomyo replied Sep 22, 2011Took profit at 15330. +165 P Could still drop lower, but sticking to my plan. GL with your trades.
Cable Update (GBPUSD)
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Fudomyo replied Sep 22, 2011good to hear. going nicely so far. first target hit. nice little run to 5500 Daily Open and shorted off of it. lately just looking for 40 pips a day to make my numbers, so 2-4 small trades 20-30 pips usually is more than enough. low stress. steady ...
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011We need to see how much was priced in during yesterday's Europe session. but given BOE's outlook on QE there's not much to bolster Sterling strength at the moment. Also, if equities continue to slide it will feed USD strength. I'm waiting on better ...
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011yep. commodity currencies, mining and energy always take a hit off bad economic forecasts. factoring in lower production demand. especially oil and copper.
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011Not getting a signal to go long on any relevent timeframe yet. Europe hasn't weighed in off the back of FOMC. Both NY and Asian sessions have been squarely risk off. We could see 5325 or lower today. Personally, I'd wait for better confirmation than ...
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011out at 5488. is 6am here, time to call it a day too. good luck with your trades

Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011nice!
I don't agree with his policies, but I can't really say anything bad about him today. not after that move.Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011found it on the web. took some off here. this could become a complete route if 15500 goes.
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011well, if this area doesn't hold, christmas comes early this year. not much between here and 15278 on the monthly. (chart I posted earlier)
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011was a small scalp. +16 close is more important than touch. that was fast. but the WS3/MS2 is significant. we are extremely oversold now.
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011cable under extreme pressure. we've knocked out S3. WS3/MS2 cluster at 5520 coming up. if this goes, it's a whole new ball game. back in for a few pips.
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011the setup is watch if we take out support here or not. it hasn't been tested again. if we form a bottom and cross back up, then potentially longs are in play, but not enough has happened here yet to establish whether this area holds or not. all ...
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011out 8 pips above target. close enough. got impatient
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Fudomyo replied Sep 21, 2011opps. it's not about blind guesses right before one of the biggest news releases of the quarter. not if you've got real skin in the game.
Cable Update (GBPUSD)
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Fudomyo replied Sep 21, 2011It goes without saying the topside test failed. 5655 support as resistance test coming in the short term before we seriously challenge 5600. we've covered the daily ATR and are very close to the TL test on the Monthly. Now we need to see if Bernanke ...
Cable Update (GBPUSD)
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Fudomyo replied Sep 20, 2011So far, both the EU and GU Daily are indecision candles hovering around yesterday's close. Not really optimal for high probability entries until we break out of this area.
Cable Update (GBPUSD)