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- Vourvoul replied Dec 17, 2008
Me neither... not with that massive bullish 4H pin right there...
Cable Update (GBPUSD)
- Vourvoul replied Dec 17, 2008
The H&S of the hunchbag of Notre Dame you mean? That right shoulder looks freaky...
Cable Update (GBPUSD)
- Vourvoul replied Dec 17, 2008
So you were long since the beginning of the month @ 5368?
Cable Update (GBPUSD)
- Vourvoul replied Dec 17, 2008
For sure! I wouldn't consider shorting cable or the fiber now... I was only thinking that now the dollar is the new yen
and as I was getting 4H signals for, albeit short term comeback of the dollar, I might as well go with USDJPY. I did place a ...Cable Update (GBPUSD)
- Vourvoul replied Dec 17, 2008
I see some hidden bullish divergence to be honest... You are right though... I may be forcing this trade as it is certainly not an A+ trade. The thing is... all USD pairs on 4H give the same signal...
james16 Chart Thread
- Vourvoul replied Dec 17, 2008
4H PBs on all US pairs (8mins to close)... Any thoughts... I select USDJPY due to divergence...
james16 Chart Thread
- Vourvoul replied Dec 17, 2008
Yesterday the USD took a beating on all fronts. This 4H close (on all USD pairs) shows some potential for a comeback for the dollar... Let's wait and see how this 4H candle closes. If they stay like this I will be choosing the USDJPY for becoming a ...
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
I just woke up and was tempted to go long on yesterday's high but hadn't had coffee yet so waited... Why won't she retrace? We need an opportunity to long... Goodmorning
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
lol... it may make some difference as to where they are headed... if they are headed anywhere that is....
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
The euro retraced to the 23 cable to 38... Come on already my TP is at 1.58

Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
Well... that is some excellent Money Management dude... ever heard of it?
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
I;m flat... The dollar is taking a beating on all fronts... If I were to go long I'd choose the Euro due to the PA of Eur/Gbp... Best to stay out! Good Luck all !!!
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
What is really funny is that we all know how it feels... lol
Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
Well, you are just biased as sterling is your country's currency...
Who knows what will happen by then... we are here to speculate what happens at a very short period. Any longer than a day (maybe a week) is just guessing! One can hope though ...Cable Update (GBPUSD)
- Vourvoul replied Dec 16, 2008
I believe the key words of that analysis is "short term bottom"!!! Come new year (I expect Q1 of 2009) get ready for some serious tanking!!!

Cable Update (GBPUSD)