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Cable Update (GBPUSD)

  • #15,441
  • Jun 21, 2007 3:29pm Jun 21, 2007 3:29pm
Quoting goonergonebad
..hampered by Japanese housewives?
i blame the japanese house wives.
BAM BAM BOOM! -bravado
  • #15,442
  • Jun 21, 2007 3:32pm Jun 21, 2007 3:32pm
Quoting Plutonite
..Only a woman would buy on a chart that looks like this!..I am allowed to make sexist jokes here, all others kindly observe your manners.
http://www.forexfactory.com/showpost...5&postcount=25
BAM BAM BOOM! -bravado
  • #15,443
  • Jun 21, 2007 4:07pm Jun 21, 2007 4:07pm
Hadn't seen that thread before.

Think it was a jackass and not a horse he fell off.

Or maybe the other way around.

  • #15,444
  • Jun 21, 2007 4:42pm Jun 21, 2007 4:42pm
Seems it is still trying to go up to give us good impact that it is trying and trying without losing hope, but if it fails this time, I advise it to hide anywhere or disappear coz it will look so bad this time infront of us after a 3rd consecutive failure, I advised it lately today to change it's direction, but it seems it is preparing for something nobody knows it, even she
I'm still short @ 1.9930 SL 1.9955
I'll go long if 1.9954 is broken and will go short if 1.9894 is broken
R1 = 1.9948
S1 = 1.9893
  • #15,445
  • Jun 21, 2007 4:46pm Jun 21, 2007 4:46pm
i am short from 1.9890... very big mistake. neglected the support there. I also had a stop loss at 9960... Would be a bad lose if the pair goes up... And i have a feeling that it will... Cause resistances get broken sooner or later... and i believe its sooner

but still gotta give it a shot.
  • #15,446
  • Jun 21, 2007 4:51pm Jun 21, 2007 4:51pm
Quoting bravado
interesting.

has this topic been discussed on forex factory? is so, can you paste a link.
if this is indeed true and there may be a pattern emerging, it is of interest to me.
It's called the pattern of summer. Still, cable is getting ready for a big push IMO. Same as euro.
  • #15,447
  • Jun 21, 2007 5:34pm Jun 21, 2007 5:34pm
Quoting bodge
It's called the pattern of summer. Still, cable is getting ready for a big push IMO. Same as euro.
so you are saying this is not unusual for summer. correct?
BAM BAM BOOM! -bravado
  • #15,448
  • Jun 21, 2007 5:39pm Jun 21, 2007 5:39pm
I wonder who forgot the GBP in the oven since begining of the US session till now?, when it will be taken out from the oven, a whole session and the pair only were moving in 21 pips, it is not over sold or over bought, but it became over cooked which doesn't attract me either to long or to short, even scalping is not in favor now, I guess if the dollar decided to go for a short trip away and leave the way open to the GBP to go wherever it wants, I guess that the GBP will not feel the dollar absence and it will keep on moving as a slow turtle with no hope to gain some pips since I guess it is now addicted to act in a slow motion, and it's move can only be viewed under a microscope and cannot be viewed by a normal eye, GBP you are stepping in your shoes before stepping forward a single move, seems that you have a big size shoes that makes you move inside it first till you reach it's end and then start stepping forward, don't you get jealous from other pairs cheering and having fun moving upwards and downwards enjoying their time, or you are preparing a surprise for us, naughty GBP, now you @ 1.9921, take care and see you soon @ 1.97's, don't be late, don't forget to say hi to 1.9950 before leaving with wishes to meet it again in better circumstances when you come back again from the 1.95's trip but don't go far than that (1.94's or 1.91's) since those areas are more wilder than the african jungles, but if the 1.9955 felt your presence and welcomed you there it might invite you to visit some of it's neighbours (1.9970 and the 2.xxxx, which maybe you are not weclomed there for the time being), but at least short visit is better than nothing, so don't miss the chance and good luck
  • #15,449
  • Jun 21, 2007 5:49pm Jun 21, 2007 5:49pm
Quoting pino2
..GBP you are stepping in your shoes before stepping forward a single move, seems that you have a big size shoes that makes you move inside it first till you reach it's end and then start stepping forward..since those areas are more wilder than the african jungles..so don't miss the chance and good luck
i love it.
BAM BAM BOOM! -bravado
  • #15,450
  • Jun 21, 2007 6:06pm Jun 21, 2007 6:06pm
Quoting pino2
I wonder who forgot the GBP in the oven since begining of the US session till now?, when it will be taken out from the oven, a whole session and the pair only were moving in 21 pips, it is not over sold or over bought, but it became over cooked which doesn't attract me either to long or to short, even scalping is not in favor now, I guess if the dollar decided to go for a short trip away and leave the way open to the GBP to go wherever it wants, I guess that the GBP will not feel the dollar absence and it will keep on moving as a slow turtle with no hope to gain some pips since I guess it is now addicted to act in a slow motion, and it's move can only be viewed under a microscope and cannot be viewed by a normal eye, GBP you are stepping in your shoes before stepping forward a single move, seems that you have a big size shoes that makes you move inside it first till you reach it's end and then start stepping forward, don't you get jealous from other pairs cheering and having fun moving upwards and downwards enjoying their time, or you are preparing a surprise for us, naughty GBP, now you @ 1.9921, take care and see you soon @ 1.97's, don't be late, don't forget to say hi to 1.9950 before leaving with wishes to meet it again in better circumstances when you come back again from the 1.95's trip but don't go far than that (1.94's or 1.91's) since those areas are more wilder than the african jungles, but if the 1.9955 felt your presence and welcomed you there it might invite you to visit some of it's neighbours (1.9970 and the 2.xxxx, which maybe you are not weclomed there for the time being), but at least short visit is better than nothing, so don't miss the chance and good luck
I think you need a beer
  • #15,451
  • Jun 21, 2007 6:29pm Jun 21, 2007 6:29pm
Quoting cesarnc
I think you need a beer

And some hard liquor wouldn't hurt too.
  • #15,452
  • Jun 21, 2007 6:29pm Jun 21, 2007 6:29pm
Quoting bravado
so you are saying this is not unusual for summer. correct?
I'm just saying the markets tend to range more in the Europe/US summer months.
  • #15,453
  • Jun 21, 2007 6:47pm Jun 21, 2007 6:47pm
poetic

GBPUSD oda... by pino2 (Pablo Neruda of FX market)

Quoting pino2
I wonder who forgot the GBP in the oven since begining of the US session till now?, when it will be taken out from the oven, a whole session and the pair only were moving in 21 pips, it is not over sold or over bought, but it became over cooked which doesn't attract me either to long or to short, even scalping is not in favor now, I guess if the dollar decided to go for a short trip away and leave the way open to the GBP to go wherever it wants, I guess that the GBP will not feel the dollar absence and it will keep on moving as a slow turtle with no hope to gain some pips since I guess it is now addicted to act in a slow motion, and it's move can only be viewed under a microscope and cannot be viewed by a normal eye, GBP you are stepping in your shoes before stepping forward a single move, seems that you have a big size shoes that makes you move inside it first till you reach it's end and then start stepping forward, don't you get jealous from other pairs cheering and having fun moving upwards and downwards enjoying their time, or you are preparing a surprise for us, naughty GBP, now you @ 1.9921, take care and see you soon @ 1.97's, don't be late, don't forget to say hi to 1.9950 before leaving with wishes to meet it again in better circumstances when you come back again from the 1.95's trip but don't go far than that (1.94's or 1.91's) since those areas are more wilder than the african jungles, but if the 1.9955 felt your presence and welcomed you there it might invite you to visit some of it's neighbours (1.9970 and the 2.xxxx, which maybe you are not weclomed there for the time being), but at least short visit is better than nothing, so don't miss the chance and good luck
  • #15,454
  • Jun 21, 2007 6:49pm Jun 21, 2007 6:49pm
The FF is a fantastic place full of friendly helpful people.I have not read any books about fx, all my learning has come from the net, and most of that from FF.

I started trading useing indicators, and lost money,then tried trading the news, and lost more money. Now I am back to the charts with trend lines round numbers and fibs.Finally pulling ahead.Got kicked out of gu yesterday after 127 pip gain.

Some of you have told others how not to draw trend lines. In the spirit of this friendly helpful place, why dont you show them how to?
  • #15,455
  • Jun 21, 2007 7:12pm Jun 21, 2007 7:12pm
Quoting Four Kids
..Some of you have told others how not to draw trend lines. In the spirit of this friendly helpful place, why dont you show them how to?
there are other threads for this:

http://www.forexfactory.com/showthread.php?t=30355

http://www.forexfactory.com/showthre...ight=trendline
BAM BAM BOOM! -bravado
  • #15,456
  • Jun 21, 2007 8:05pm Jun 21, 2007 8:05pm
Quoting bravado
there are other threads for this:

http://www.forexfactory.com/showthread.php?t=30355

http://www.forexfactory.com/showthre...ight=trendline

do you have a glossary or something with all the FF post's on it ? lol
“Past performance is not indicative of future results”
  • #15,457
  • Jun 21, 2007 8:11pm Jun 21, 2007 8:11pm
Quoting gobigo12
do you have a glossary or something with all the FF post's on it ? lol
i do indeed.
BAM BAM BOOM! -bravado
  • #15,458
  • Jun 21, 2007 8:21pm Jun 21, 2007 8:21pm
A sell signal is about to be born now for cable @ 1.9916, I wish my 1.9930 sell position is now feeling ok, wish that cable don't make my sell position feel sad again till the end of the US session
  • #15,459
  • Jun 21, 2007 8:23pm Jun 21, 2007 8:23pm
1.9676 is coming soon.

Quoting pino2
A sell signal is about to be born now for cable @ 1.9916, I wish my 1.9930 sell position is now feeling ok, wish that cable don't make my sell position feel sad again till the end of the US session
Nihil Sine Deo.
  • #15,460
  • Jun 21, 2007 8:24pm Jun 21, 2007 8:24pm
No action on the GBP since the MPC minutes???????? The only other movement was that USD/CAD.....

I have seen alot of poets on the thread since Wednesday, I hope the GBP moves soon otherwise folks will start posting movies on this thread.

Looks like the weekend is coming early...time for a drink!!!!!
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