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el_duende replied Jun 5, 2007It was in MS Paint, can you not see the well blended spray can effect
I did fail Art in schoolCable Update (GBPUSD)
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el_duende replied Jun 5, 2007Thanks for the replys - I think I maybe jumping the gun a bit I should wait and see what happens in the next few days to confirm a bearish view. I will think more on these fundamentals, I may see you in a few days
Cable Update (GBPUSD)
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el_duende replied Jun 5, 2007Ive just checked USD/CAD - The one where its making new 30 year lows. Today USD/CAD has gone up lol I think I may quit fundys and techy and try my hand at studying price action and fibs
Cable Update (GBPUSD)
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el_duende replied Jun 5, 2007I am puzzled.
(again by fundamentals) Bernanke says today pretty much an interest rate cut will not happen. He is more worried about inflation that if it doesnt moderate may lead to a rate hike. Housing as we know is in bad shape. So more chance ...Cable Update (GBPUSD)
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el_duende replied Jun 5, 2007Im no use at fundamentals as well! Here are the fibs! Chart shows retrace of the downtrend from 18th April. We are now at 61.8% retrace level. Keep an eye on price at 1.9960 area as it may drop
Cable Update (GBPUSD)
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el_duende replied Jun 4, 2007Thanks have saved those 2 links to monitor. Interesting read! Good bit in COT Changes in Commitments from: May 22, 2007 to 29th Commercial side 17,886 more short contacts for Canadian $ Non commercial side 8,259 more long contracts. So does this ...
USDCAD trend reversal?
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el_duende replied Jun 4, 2007Guys where do you get those COT reports from, is there a website link? Seeing what the commercial side is doing is a bonus and something I would like to look into! Cheers
USDCAD trend reversal?
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el_duende replied Jun 1, 2007Im watching USD/CHF and it is very close to 1.2332 (Previous high) , breach of this may give cable a nudge down in theory
Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007ffs I was going to trade EUR/USD instead today selling at 1.3450, it has now dropped 50+ pips but I decide to stick with cable as apparently has better ranges. AHHHHHHH
Quetion 3 - If the match is anything like todays trading expect it to be ...Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007EUR/USD going down USD/CHF up Cable may follow? Stop trading cable? Will England beat Brazil in the football? Too many questions in my mind now
Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007To think I actually cheered loudly in my front room when NFP 157K appeared on the TV
At breakeven in pretty much all my trades now, I thought I would be £££'s in.Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007Dow and S&P futures have shot up on the news, may be good for carries which may be bullish for cable. Any one else confused as my trades are shorting GBP/USD and generally for $ strength?
Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007Sure others came out but I thought this would be $ positive overall? ie more chance of rate hike than a rate cut
Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007Why worst NFP? I thought it was a good number for $ positive?
Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007$ positive news and we saw a drop in cable but then it spiked right up (happened across the board as well)? Im persuming this was to take out stops. Took a few of mine out even after good news, unbelievable We should see cable drop now as ...
Cable Update (GBPUSD)
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el_duende replied Jun 1, 2007NFP Impact - Best get to my underground bunker! :surprised
Cable Update (GBPUSD)
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el_duende replied May 31, 2007I too went long @ 1.0704 1 hour chart Divergence bar formed at outer bollinger band cross on fozzy system will check 4 hour chart to see how it develops. what target you looking at bravado?
USDCAD trend reversal?
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el_duende replied May 31, 2007I have tried a sell on AUD/USD at 0.8280 US$ news has come out in my view positive for $ 1 hour chart On chart Divergence bar formed outside bollinger band We also have a cross on fozzy. I will monitor now on 4 hour chart to see what happens
Aussie Pairs
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el_duende replied May 30, 20072 good news threads regarding FOMC url url From what im reading this would be bearish for cable
Cable Update (GBPUSD)
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el_duende replied May 30, 2007Mixed bag again! One hand inflation worries ($ positive) and on the other housing issues and weakness in economy ($ negative) Price says it all!

Cable Update (GBPUSD)