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Cable Update (GBPUSD)

  • #16,581
  • Jun 30, 2007 9:16am Jun 30, 2007 9:16am
This was the trade of the Friday for Swiss, Cable and Euro. The rest, my friend, were Bearish Cable Chuch's bullshit, crap, ego, outsmart the market attempts, stoploss spree....

Quoting cesarnc
Nasty! Nasty ugly false breakout shaping up in USDCHF. If confirmed, Mr. Greenback will be leaving the building heading the respirator

[IMG]file:///C:/DOCUME%7E1/usuario1/CONFIG%7E1/Temp/moz-screenshot.jpg[/IMG]
Attached Image
  • #16,582
  • Jun 30, 2007 9:23am Jun 30, 2007 9:23am
Quoting free4440273
have no idea what either of those two things mean but clearly it means something to them...
That's why you shorted the crap out of Cable during the whole Friday

  • #16,583
  • Jun 30, 2007 9:24am Jun 30, 2007 9:24am
free,

And you are good for tootsie rolls and twat remarks and smileys and emiticons.

But we are the problem. Ah-ha.
  • #16,584
  • Jun 30, 2007 9:30am Jun 30, 2007 9:30am
Now seriously. Staying glued to a mindset in this market is by far the worst a trader can do.

Believe, been there, seen that, lost a lot.

I also shorted cable when it broke down to 9930 on Wednesday. But I also cut my loss at the first sign it was a false breakout, confirmed afterwards. And I posted here that "2.0000 party was over, unless we were seeing a false breakout".

The good of false breakouts is that they usually end in a tomahawk fart to the opposite direction. And then profit overcomes the loss
  • #16,585
  • Jun 30, 2007 9:33am Jun 30, 2007 9:33am
Quoting free4440273
Indeed. which is why i say, just carry on going long cable
I will until the market shows it want to go down.

But then thats the time for you to go long and I guess you will also be ing all the way to a busted account. Or did that already happen already poor fella. Why you have the attitude you have.

Here ya go this one's for you Please sir can I have some more
  • #16,586
  • Jun 30, 2007 9:38am Jun 30, 2007 9:38am
Oh gee, got me. Ooooh. Ruined my weekend.
  • #16,587
  • Jun 30, 2007 9:44am Jun 30, 2007 9:44am
Nice weekend guys

Attached Image
  • #16,588
  • Jun 30, 2007 9:46am Jun 30, 2007 9:46am
Now Cesar you're not supposed to do that. This is a no nonsense thread. And make sure you spell emoticons correctly or they will pounce.

Hey, don't you hope they keep doing what they are doing. And it is always asked here on FF how true is it that 90% of traders fail. Duh.
  • #16,589
  • Jun 30, 2007 9:55am Jun 30, 2007 9:55am
Quoting SunTrader
Now Cesar you're not supposed to do that. This is a no nonsense thread. And make sure you spell emoticons correctly or they will pounce.

Hey, don't you hope they keep doing what they are doing. And it is always asked here on FF how true is it that 90% of traders fail. Duh.
Hey Sun, you know that every 2 months a buch of traders pop up in the thread, hijack it and start screwing the thread with their lousy calls.

The period between "deposit accepted - thread hijacking - margin call" hardly exceeds a month.

I put $5 as we are not seeing free444 anymore by the 1200th page.

I raise to $20 if he shorts Cable at 2.0100, too.

For now, let's enjoy the visitor's attitude.

Gotta go. Lunch at mother-in-law's house. Not that I will be any better ...
  • #16,590
  • Jun 30, 2007 9:58am Jun 30, 2007 9:58am
Talking about hijackers, where the hell are those EW guys calling for 9200 like a month ago? Would like to see their wave counts right now.

  • #16,591
  • Jun 30, 2007 10:17am Jun 30, 2007 10:17am
Man...we get action on this thread during the weekends too????

Can't wait for the market opening on Sunday....all I know is that I'm following the trend!!!!

And it looks like 2.0100 and beyond....cesarnc post that picture of the mountain climber again, that's a classic.
  • #16,592
  • Jun 30, 2007 10:35am Jun 30, 2007 10:35am
Quoting cesarnc
Nice weekend guys


Why you waste time as trader ? Graphic designer is right decision for you ! you can earn much more !
  • #16,593
  • Edited 8:14am Jul 1, 2007 7:57am | Edited 8:14am
Britain got terror, how will this affect Gb? Gb sure to be down.
Give me patience
  • #16,594
  • Jul 1, 2007 8:20am Jul 1, 2007 8:20am
Quoting Bullfx
Britain got terror, how will this affect Gb? Gb sure to be down.
i tell you what if terrorist hit britain i would hate to be long the pound.
If I Go Broke Trying Then I Will die happy.
  • #16,595
  • Jul 1, 2007 9:06am Jul 1, 2007 9:06am
I would hate to be long too if it were a serious attack ala 9/11 but a smoking Mercedes or two. Thats what their stinky diesel's do anyway.

  • #16,596
  • Jul 1, 2007 9:21am Jul 1, 2007 9:21am
The good thing (for GBP Long) is that this recent terror attack at Glasgow happened when forex is offline. This gives traders much more time to wait for further development before reacting.

If this happened during weekdays, 2 consecutive terror attacks could caused GBP panic.
  • #16,597
  • Jul 1, 2007 9:34am Jul 1, 2007 9:34am
Again not to downplay the seriousness of any attack, but if these few semi-attacks happening during trading the reaction would be short-lived. A trading session at most and unless more details or a possible more serious attack happened cable would rebound and then some. Its not wishful thinking. Most times it is sell the rumor, buy the fact.

And the fact would be that if nothing too bad happened, jump back in long.
  • #16,598
  • Jul 1, 2007 11:13am Jul 1, 2007 11:13am
Quoting Bullfx
Britain got terror, how will this affect Gb? Gb sure to be down.
We're not particularly terrified over here.

A Half assed plot connived in a dingy Glasgow bedsit. Not international terrorisms finest hour, more a sad comment on the state of relations between our Asian section and the rest of our community.
quote of the day: . It's like deja-vu all over again
  • #16,599
  • Jul 1, 2007 11:51am Jul 1, 2007 11:51am
people everywhere need to join together to rid ourselves from this fear. be aware of people around you.
good thing those Bouncers & Ambulance drivers reported the Piccadilly Circus car. thats good citizenship
and it possibly saved the lives of hundreds and tons of money.

this just shows how we should stand together more as cultures.
“Past performance is not indicative of future results”
  • #16,600
  • Jul 1, 2007 11:52am Jul 1, 2007 11:52am
Quoting Bullfx
Britain got terror, how will this affect Gb? Gb sure to be down.
probably just people who already put so many shorts on the cable.
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