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- TrueBlue replied Apr 6, 2010
Hi Vanmiller; I see pos 79% deep fib retrace on Monthly, backed up by highly probable positive Divergence on MacD @ Weekly & Daily. I'm thinking this CAD is perhaps out of steam for now at least...I'm looking for a turn around....time will tell

Trend Trading All Pairs
- TrueBlue replied Apr 4, 2010
Tend to agree with you Jade; not to mention the fact that the Big4 are doing "their own thing" with rates regardless of RBA and public outcry which is no doubt dampening things more rapidly than would otherwise be the case perhaps.....maybe the ...
Weekly COT report Analysis + Trade Ideas
- TrueBlue replied Apr 4, 2010
Hi shahab8b; thanks for starting such a clean, precise and informative thread. Have you noticed RSI monthly...looks like a possible divergence toward .9405. Will it get there...who knows..perhaps a fulfillment of a bearish daily divergence first.. ...
Weekly COT report Analysis + Trade Ideas
- TrueBlue replied Mar 5, 2010
Knocked out on a small 'south bound scalp'; only small loss...it's all good....but this GU sure can buck !!! Double bottom could make it interesting now (or not.....
).Cable Update (GBPUSD)
- TrueBlue replied Mar 5, 2010
Hi forexlion; I'm with you. I had a nice run down on this last night and am back on. However, I don't like the look of the possible "divergence" setup on the 4hr chart; its first wave is looking out of line with the 1.4782 low and I'm wondering if ...
Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
I like your last two sentences Magix....I learned long ago to trade what I see and what I think - not what other's see. HOWEVER, that's not to say that by sharing back and forth; I truly believe it helps us to 'hone' our skills; to recheck our ...
Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
Good on ya buddy; I'm on "free ride" now; so it's off to bed for some zzzzzzzzzz's & hoping I can still open my eyes for work tomorrow (well....it's already "tomorrow" actually at 2.30am). Happy pippin dude...

Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
No worries man; 61% Fib reversalx4hr; divergence on both 1hr & 15m; Daily still Bear; and weekly even more so........yeah, anything can happen; but you gotta put your faith somewhere bro or give up trading...and I've been dancing with this trading ...
Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
check out that beautiful hrly spinning top and 15m reversal hammer; I hear my bed calling me now...soon my sweet...soon, just making sure I've got protection (referring to my trade here of course) ... if GU keeps falling fine, if not, well that's ...
Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
She'll "plop" - she just fill my south-bound order so she better do the right thing by me now. I'll watch her turn; put on a trailling stop and I'm goin' to slumber land

Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
Yeah man, almost up high enough to fill my order and then I'm goin' to catch some zzzzzzzzz's

Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
I guess you're tired too; my post read "if this thing drops FROM 1.5131...
Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
If this thing drops from 15133, it might not be a hammer for long

Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
1m chart forming baby H & S with target at 133... might get there...........or not

Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
After all this time; 4hr indi not looking so 'clean' for a divergence and beginning to look more like a bit of a pullback coming. If this is so; it might negate the Hrly 'divergence' with a 4hr pullback and head north again...but heaven help us if ...
Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
Cavalry needed — Right about now is where the 1m 200 ema will need to "prop" price up to reach its destination.


Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
Yep, sure is a struggle, but it'll get there, slowly but surely..15131 on my charts; I'm in with Limit Order at 15129 ...

Cable Update (GBPUSD)
- TrueBlue replied Mar 4, 2010
Could be that the market has already factored it in through this Bull 'pullback'.......
Cable Update (GBPUSD)