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el_duende replied May 24, 2007nathbear and gooner like me puzzled why cable didnt go lower after news - check this news thread some very good points about why url
Cable Update (GBPUSD)
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el_duende replied May 24, 2007Oh wells shorts stopped at break even, thought US news would have took it lower.
Cable Update (GBPUSD)
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el_duende replied May 24, 2007Its called the el_duende indicator now available in metatrader **************************** Heres a tech chart (4 hour GBPUSD) Circled are 2 excellent divergence bars (1 outside upper bollinger band) We also have a cross which may predict move South ...
Cable Update (GBPUSD)
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el_duende replied May 24, 2007Well ive just got out of bed with a hangover after that most unhappy loss to AC Milan last night 5 hours after market opened.
You will be pleased to know I am shorting cable again 
Cable Update (GBPUSD)
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el_duende replied May 23, 2007Anyway guys got to go some good stuff posted today. Time to watch my team Liverpool beat AC Milan in champions league final. 2 losses in 1 day is not worth thinking about

Cable Update (GBPUSD)
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el_duende replied May 23, 2007Thats what I thought today but i am wondering now wether the market is starting to price in another rate rise, (something similar to buy the rumour sell the fact) The BOE all voted 25 base points but maybe due to that dovish bloke (cant think of his ...
Cable Update (GBPUSD)
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el_duende replied May 23, 2007My bear view now gone took some losses today. Is this return of current uptrend show here
Cable Update (GBPUSD)
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el_duende replied May 23, 2007I agree completely trend on dailys is up, im just waiting to be completely sure current bear trend is over. I see that we are at critical levels in GBP/USD, EUR/USD, GBP/JPY and EUR/JPY all approaching top level resistances and at potential breakout ...
Cable Update (GBPUSD)
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el_duende replied May 23, 2007But im not counting out a bullish view either, I think markets are coming to a crossroads from my technical viewpoint
Cable Update (GBPUSD)
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el_duende replied May 23, 2007Its not over yet. My fundamental skills im trying to improve and trade from were pants today so im going back to technical analysis.
So here we are in a bearish view First chart GBP/USD on very outer reaches of trend channel around 1.9873 2nd ...Cable Update (GBPUSD)
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el_duende replied May 23, 2007Im glad for you bullish people hope you made nice pips. My bearish view is hanging by a thread or a rope. In fact I realised forex trading is like playing hangman sometimes, ive got one life left.
Cable Update (GBPUSD)
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el_duende replied May 23, 2007oeer not looking good for me so far. think I misjudged those BOE minutes

Cable Update (GBPUSD)
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el_duende replied May 23, 20071.9837 - bloody hell lol! Ive added another sell to my already open positions @ 1.9834 This is getting a bit painful but I still got faith
dwindling thoughCable Update (GBPUSD)
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el_duende replied May 23, 2007Cool they are waiting for inflation reports next month then.
Cable Update (GBPUSD)
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el_duende replied May 23, 2007Ive put some sell orders on at 1.9773 and 1.9798 In my belief I dont think the BOE minutes results could change direction of trend. (Better not lol) so I will use it as selling on peak as I am bearish still in time being.
Cable Update (GBPUSD)
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el_duende replied May 23, 2007How do others see these BOE minutes? Is my reading of the report wrong? From what I gather all 9 members voted for 25 point hike but none voted for a 50 base point hike, however there was discussion over a 50 point hike. 9-0 did not come as surprise ...
Cable Update (GBPUSD)
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el_duende replied May 22, 2007usd/gbp or elbac as its more commonly known
. Only jokingCable Update (GBPUSD)
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el_duende replied May 22, 2007Well ive still got shorts from 1.9738 and 1.9758 open. What I am looking for near term to verify these shorts (hopefully make me a bit happier with them) is USD/CHF to climb higher and attempt to break resistance at 1.2330 and stay above 1.2285 ...
Cable Update (GBPUSD)