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MaryJane replied Jul 14, 2011S&P places US ratings on credit watch negative Another day, another agency BS. See how the move was 'prepared' ..best to explore in eu m5 chart, i saw this coming. Also note no-reaction in aussie. Well, this market is not manipulated at all, LOL! ...
Cable Update (GBPUSD)
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MaryJane replied Jul 14, 2011yea you might get a chance quite soon, might be a 'buy anything, sell usd' session. see eu chart. this is how the asian CB raids usually start.
Cable Update (GBPUSD)
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MaryJane replied Jul 14, 2011thx! i think i'd be happy with 6110 for now. btw if i would be patient enough to hold longs from the bottom, i'd stick to them too.
Cable Update (GBPUSD)
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MaryJane replied Jul 14, 2011thanks for this one
yes
actually i'm a little bear short-term, the h4 supply zone right above us may contain enough food for bears. see the small tf reaction tonight after moody's spike. haven't caught this one but will look for them ...Cable Update (GBPUSD)
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MaryJane replied Jul 14, 2011Wedge update. — We have reached the upper TL and consolidating. It's a bullish pattern, serving bulls to get better prices and consolidate powers for further upside. It's a 'downtrend' within uptrend. 1st chart: current one. Note the momentum ...
Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011Moody’s puts US on review for possible downgrade this agency sh*t is the ugliest thing at all. and they spill it out at the most illiquid time, causing sh*t volatility. fading the move.
Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011Exactly
fits perfectly to upper wedge TL tonight/tomorrow.Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011It seems Bernanke made some hints about QE3 possibility in his testimony. Anything concerned with QE3 makes the dollar move crazy, it's the most high-impact 'news' at all. I remember some weeks ago a huge 2-day drop that completely reversed later on ...
Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011url ps. pls ignore the sell.. just scalping here stop @be already congrats to all bulls today

Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011Thanks
it also seems dips are bought but rallies sold as well.. looks like greedy bears aiming to sell the highest pip possible. Holy truth. I'll let the short stop at be or play out.. won't touch anything more today. Had a pleasant ...Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011Anybody knows if there's something fundamental supporting GBP bulls? Except the correlation - EU is in its default bubbles-in-soda mode again (no horror news for few hours).. but something pound-related? Maybe I have missed some rates gossip talk ...
Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011stopped out @be on my prev short.. theory is nice but have to incorporate a stophunt fakeout radar into it
re-entered short, red news in 20min. congrats to all who rode the rally from above 5910. GL to all.Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011Hi, the compression (as Red is calling this) is basically a rising wedge. it's supposed to be retested on break. I have no idea if this one will hold or not, i'm entering from inside the pattern; the break was very possible in this situation and ...
Cable Update (GBPUSD)
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MaryJane replied Jul 13, 2011Supply & Demand
Awesome threads here on FF: Price is Everything Romancing the Price Free webinars by Sam Seiden (they're all the same but watch them all, there are nuggets of gold inside): url closed half pos +30p possible buy zone around 5850 ...Cable Update (GBPUSD)
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MaryJane replied Jul 12, 2011sold this area for the 2nd time now, 16p sl.. first sell closed +17. i still see possible downside, yesterdays candle could be hammering on closed door (support turned resistance).. time will tell.
Cable Update (GBPUSD)
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MaryJane replied Jul 12, 2011could be a test only, daily close will give us a clue
Cable Update (GBPUSD)
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MaryJane replied Jul 12, 2011hi, take a look at this url then take a look at daily chart (or see this post). Btw Nov-Dec 2010 there was a similar one.. broke to the upside on Jan 12th. There's really absolutely no sense in picking a bottom here, the trendlines (both are ...
Cable Update (GBPUSD)
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MaryJane replied Jul 11, 2011bailed out, +19. i think development in eurusd will have much impact on updating the cable. no bull in sight yet but considering the fairly high degree of correlation in recent days, cable could return above 5950, perhaps 6000 if we get a bounce in ...
Cable Update (GBPUSD)