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Cable Update (GBPUSD)

  • #16,881
  • Jul 3, 2007 6:49am Jul 3, 2007 6:49am
07:43 Profit taking prior to the US holiday is being cited as the reason for the dollar pop overnight

Souds like a good reason to me... But what "holiday"?
  • #16,882
  • Jul 3, 2007 6:51am Jul 3, 2007 6:51am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
As I understood he went out of SHORT trade when he saw he is fighting the flow and went out at brake-even. Other two quotes are for LONG trade.

I dont see contradictions.....
  • #16,883
  • Jul 3, 2007 6:55am Jul 3, 2007 6:55am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
How will holiday affect the cable tommorow, Cesarnc?

Does it mean the dollar will sleep and all depends on the othe pair???
  • #16,884
  • Jul 3, 2007 7:00am Jul 3, 2007 7:00am
Quoting dado26
I dont see contradictions.....
Im not talking about the trades. Im just talking about an instintive impulse telling him.. "This pair is starting to get dangerous. i'm out" And then 1 minute later. "what a heck, lets do it, i want moooore" lol


Quoting cesarnc
Souds like a good reason to me... But what "holiday"?
If you found it. You are laughing.

4th of July
  • #16,885
  • Jul 3, 2007 7:02am Jul 3, 2007 7:02am
Quote
HEATHROW AIRPORTS TERMINAL 4 EVACUATED OVER SUSPECT PACKAGE - WIRE HEADLINE
<USO GLD>

I can only suspect that these series of UK terror attack is perpetuated by short GBPUSD traders!
  • #16,886
  • Jul 3, 2007 7:16am Jul 3, 2007 7:16am
Quoting BurgerKing
I can only suspect that these series of UK terror attack is perpetuated by short GBPUSD traders!


Everything is a reason now...

A guy buys a pack of cigarrette, forget it no the chair and BANG: major international airport closed....

Now seriously, last thing I know is there's another suspect yet to be caught. As long as he's in the lose, status is critical, meaning, this guy could try something....

Like forgeting a pack of cigarrette on the airport's chair while he waits to get the hell out of England.
  • #16,887
  • Jul 3, 2007 7:19am Jul 3, 2007 7:19am
Quoting dado26
I agree with you WTB!
Do you think cable wont go to 200 before b.o.e.?
I have no idea, I don't know what I am going to grab for lunch today let alone know what cable will do in the next couple of days. I don't play the forex oracle game, it makes you lose money.

What I DO know is that tomorrow we got the Independence Day and the day after we got the Interest Rates, and that's not the kind of the market conditions I like to sit through when in profits. Im bailing out of my long position if 2.0130 is breached to the downside.
  • #16,888
  • Jul 3, 2007 7:21am Jul 3, 2007 7:21am
nope, we already got him


http://www.unusualcandor.com/wordpre...RonaldJail.JPG

bugger was trying to kill us through obesity. anyone else buy on that dip?
quote of the day: . It's like deja-vu all over again
  • #16,889
  • Jul 3, 2007 7:24am Jul 3, 2007 7:24am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
God...thats abnormal...
Too fast for me.... didnt even enter...didnt met my entry rules...
  • #16,890
  • Jul 3, 2007 7:26am Jul 3, 2007 7:26am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Free would say its stop-haunting
  • #16,891
  • Jul 3, 2007 7:27am Jul 3, 2007 7:27am
Quoting BurgerKing
I can only suspect that these series of UK terror attack is perpetuated by short GBPUSD traders!
HAHA!

Wouldnt that be cool?

Bloomberg - 3rd July 07, 13:25pm, London -> Suspect of terrorist attacks arrested early this afternoon. In his defense, the suspect stated that his short cable position is about to get stopped out.
  • #16,892
  • Jul 3, 2007 7:28am Jul 3, 2007 7:28am
Here we go....




Bye bye 0100s
  • #16,893
  • Jul 3, 2007 7:36am Jul 3, 2007 7:36am
1127 pages already, we are trully going exponentally here & here...
its just money
  • #16,894
  • Edited 8:50am Jul 3, 2007 7:38am | Edited 8:50am
Guys, do you remeber what I said yesterday? I said: cable has to try to test the 0130's support once at least, and that what happend, but it fail to break it. It is not a terror attack or any other reason i think. Now the cable on its way trying to test the upper point too the 2.0195, lets see how high can it go...
Also I said; from now until thuresday (BOE) The Cable will move between 2.01 and 2.02. And regarding the Eur I said that the 36.35 is the haigh point for this week and will not go higher if the EUR's interest rate will not rise.
Watch all of that and see
  • #16,895
  • Jul 3, 2007 7:40am Jul 3, 2007 7:40am
Quoting ndvt241
Guys, do you remeber what I said yeserday? I said: cable has to try to test the 0130 support once at least, and that what happend, but it fail to break it. Is not a terror attack or any other reason i think. Now the cable on its way trying to test the upper point too the 2195, lets see how high can it go...
How do you know?
  • #16,896
  • Jul 3, 2007 7:43am Jul 3, 2007 7:43am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
I still can not belive what force BULL still has. I expected it to brakeout up but i really didnt expect it to explode like those cars

Waiting for better entry....
  • #16,897
  • Jul 3, 2007 7:50am Jul 3, 2007 7:50am
http://www.cartoonstock.com/newscart...s/dbrn301l.jpg
  • #16,898
  • Jul 3, 2007 7:50am Jul 3, 2007 7:50am
Quoting WTB
How do you know?
3 major facts
check gold dailly chart and turn the Pars on,...
check oil monthly chart and turn the --II--
do some meditation....
its just money
  • #16,899
  • Jul 3, 2007 7:57am Jul 3, 2007 7:57am
Quoting de123
3 major facts
check gold dailly chart and turn the Pars on,...
check oil monthly chart and turn the --II--
do some meditation....
Sorry I dont understand. What is a "Pars" and what is a "--II--"?

Thank you in advance.
  • #16,900
  • Jul 3, 2007 8:02am Jul 3, 2007 8:02am
Quoting cesarnc
http://www.cartoonstock.com/newscart...s/dbrn301l.jpg
Ha! He'll get out on his own, the dollar never dies! Suffering from nasty flu at the moment though.. heavy resistance to all gains from yesterday. Only the poor AUD is continuing to bow to the mighty US dollar.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
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