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Cable Update (GBPUSD)

  • #17,061
  • Jul 4, 2007 10:12am Jul 4, 2007 10:12am
Quoting OrionsWay
hmmmmmm they musta meant the end of 15:00 gmt not the start rotten PR's

no i guess just closing the books, seems pretty dead now LOL

EL, yea free service MT4 is great platform also, and if u want to create ascii or want dde server that is doable as well
I do use MT4 for my charting, I have Oanda but they dont have trailing stops which is a pain. I think I will give IBFX a go (be the 6th broker ive tried lol).
  • #17,062
  • Jul 4, 2007 10:12am Jul 4, 2007 10:12am
Quoting WTB
Let me see if I got it right... you've entered a position during a holiday day just prior the biggest news in the economic calendar (interest rates)?

I see... are you REALLY sure about that?


Im with you....{{{what the}}}????
  • #17,063
  • Jul 4, 2007 10:30am Jul 4, 2007 10:30am
EL, they are reasonable for sure, i have had many as well, if i leave this it will be for Saxo

My platform is still LIVE anyone elses, just changed my limits
"Millionaires don't use astrology, billionaires do"
  • #17,064
  • Jul 4, 2007 10:44am Jul 4, 2007 10:44am
Quoting cesarnc
Let's spark some jitter here...
C'mon!!! Bring your EWs !!!!!!!!!!!!.
Although I know how to use EW there is no point of bringing it up. It's irrelevant at the moment. BUT if you look at the latest COT report you'll see a record high LONG speculative positions as of last Tuesday. Then we had four more bull runs so I expect the number to be even higer this week. Plus we are at 26 years high. Those alone are enough for me NOT to go long here. I don't want to be the sucker who buys at the top. I don't care if I'll miss couple of hunderds of pips.

  • #17,065
  • Jul 4, 2007 10:49am Jul 4, 2007 10:49am
possibly you are right Cesarnc.

oh well. my trades were taken on a longer term basis anyway, so I'm fairly sure I'll be safe.
quote of the day: . It's like deja-vu all over again
  • #17,066
  • Jul 4, 2007 10:50am Jul 4, 2007 10:50am
Here is a cpl trade setups 2 of chunnel and 1 usdx LT chunnel near term usdx
Attached Image(s) (click to enlarge)
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"Millionaires don't use astrology, billionaires do"
  • #17,067
  • Jul 4, 2007 10:53am Jul 4, 2007 10:53am
Quoting cesarnc
Any chance something really really bad is gonna happen in England?

Well, I got two trades negative here, my broker is going off in 20 minutes for the next 10 hours...

yes - big chance my wife is going to forget to bring some coffee home...

it has been raining continuously for 5 weeks - worst since 1914 - i can't sell my house in the uk...

Our terrorists are bringing shame on the nation due to their incompetence and undermining faith in UK expertise - 8 doctors and they can't find out where to pull the pin...

I am depressed, and if Eddy George feels like me he will cut 1%
  • #17,068
  • Jul 4, 2007 10:55am Jul 4, 2007 10:55am
Quoting allserene
yes - big chance my wife is going to forget to bring some coffee home...

it has been raining continuously for 5 weeks - worst since 1914 - i can't sell my house in the uk...

Our terrorists are bringing shame on the nation due to their incompetence and undermining faith in UK expertise - 8 doctors and they can't find out where to pull the pin...

I am depressed, and if Eddy George feels like me he will cut 1%

I think you maybe right about a cut perhaps, Ohhhhhh wouldnt that beee soo sweet
"Millionaires don't use astrology, billionaires do"
  • #17,069
  • Jul 4, 2007 11:01am Jul 4, 2007 11:01am
You're kidding about a rate cut right?
Patience + Humility + Study = Success
  • #17,070
  • Jul 4, 2007 11:14am Jul 4, 2007 11:14am
Quoting DutchTrader
You're kidding about a rate cut right?
Well I am kidding - but just because fundamentals demand a rise, gordon brown and a few other influences of the non fundamental variety might want otherwise and we get a standstill....

Stranger things have happened...

I am not really trading, just trying to hedge my gbp investments due to be turned into USD, and I don't know where to fix my short right now... 2.0202 is v tempting if we get there tomorrow..
Yes I will fill my boots at that ....actually for my purposes I should short some right now ? with a sl at 2.0207 ? - there is a lot of blue sky under me right now - more downside than upside ? I reckon so.
  • #17,071
  • Jul 4, 2007 11:41am Jul 4, 2007 11:41am
Quoting WTB
Yeah man, the Spice Girls are coming together again short the pound like there's no tomorrow!
sounds like big foreign earnings for the yookay !

http://www.thechroniccurmudgeon.com/...e_ever_wen.htm
  • #17,072
  • Jul 4, 2007 1:07pm Jul 4, 2007 1:07pm
Quoting allserene
sounds like big foreign earnings for the yookay !

http://www.thechroniccurmudgeon.com/...e_ever_wen.htm


Barnum said "There's a sucker born every minute."



So I gotta find the sucker born in the same minute I was born. You know, if I can't find him....
  • #17,073
  • Jul 4, 2007 1:36pm Jul 4, 2007 1:36pm
Quoting AnneMarie
Im with you....{{{what the}}}????
Hi AnneMarie,

Your PM is turned off, not able to reply....
Proper Prior Planning Prevents Piss Poor Performance
  • #17,074
  • Jul 4, 2007 2:17pm Jul 4, 2007 2:17pm
Quoting allserene
Well I am kidding - but just because fundamentals demand a rise, gordon brown and a few other influences of the non fundamental variety might want otherwise and we get a standstill....

Stranger things have happened...

I am not really trading, just trying to hedge my gbp investments due to be turned into USD, and I don't know where to fix my short right now... 2.0202 is v tempting if we get there tomorrow..
Yes I will fill my boots at that ....actually for my purposes I should short some right now ? with a sl at 2.0207 ? - there is a lot of blue sky under me right now - more downside than upside ? I reckon so.
I foresee a run to 2.0200 before any sort of retrace, even without a raise. So long as the BoE doesn't cut I think 2.0200 is in play.
Patience + Humility + Study = Success
  • #17,075
  • Jul 4, 2007 2:59pm Jul 4, 2007 2:59pm
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Quote

Barnum said "There's a sucker born every minute."



So I gotta find the sucker born in the same minute I was born. You know, if I can't find him....


joke of the day.....
  • #17,076
  • Jul 4, 2007 3:43pm Jul 4, 2007 3:43pm
I am LONG LONG the Cable
TRADE LIKE A MACHINE!
  • #17,077
  • Jul 4, 2007 4:23pm Jul 4, 2007 4:23pm
Quoting froland
I am LONG LONG the Cable
Can you elaborate on that?
  • #17,078
  • Jul 4, 2007 4:38pm Jul 4, 2007 4:38pm
Hope you guys enjoyed the holiday!!!!

Tomorrow morning we will face a wild ride. My hedged-grid does need some kind of correction out of the cable...but anyways...up or down we make money right ????

Good luck to everybody !!!!!!!
For he that would be deceived, let him.
  • #17,079
  • Jul 4, 2007 5:12pm Jul 4, 2007 5:12pm
Quoting froland
I am LONG LONG the Cable
Avril...

Long Cable...

Short Yen...

...they all
Attached Image
  • #17,080
  • Jul 4, 2007 5:16pm Jul 4, 2007 5:16pm
Long the cable???? Thats a NO NO !!!

Today is the 4th of July...tomorrow is George Soros birthday...lets short the pound !!!!
For he that would be deceived, let him.
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