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Cable Update (GBPUSD)

  • #19,021
  • Jul 16, 2007 10:57am Jul 16, 2007 10:57am
Quoting SunTrader
Got to do better than that.

I'll believe sub-prime woes. Massive consumer and federal debt. Yada yada.

But Iran looking for payments in Yen.

Agreed, thatīs why the Dollar Index has fallen for 600 + days since its 2005 high......Iran asking for oil payments in other currencies is another straw to the already heavy load.....
Trading Levels with WRBs
  • #19,022
  • Jul 16, 2007 11:14am Jul 16, 2007 11:14am
Quoting Holypendant
I tink i'm the only fool tt trusted soros. i had long cable since 2.0348 n had caught 50pips gain.. den i shorted straight away till nw. dunno shld i close the position. any comment?
yeap,...looks thats about it, doesnt it?
its just money
  • #19,023
  • Jul 16, 2007 11:17am Jul 16, 2007 11:17am
Quoting Islander
Agreed, thatīs why the Dollar Index has fallen for 600 + days since its 2005 high......Iran asking for oil payments in other currencies is another straw to the already heavy load.....
Another straw added to the other 10,000. Just saying, what Iran does is meaningless other than turning off the crude export valve.
  • #19,024
  • Jul 16, 2007 11:26am Jul 16, 2007 11:26am
Closed longs for + 20 pips and I am short now.
  • #19,025
  • Jul 16, 2007 11:33am Jul 16, 2007 11:33am
Quoting manu.aquetdju
Closed longs for + 20 pips and I am short now.
WOW.....this guy is going short...now I'm starting to feel a correction coming!!
For he that would be deceived, let him.
  • #19,026
  • Edited 1:19pm Jul 16, 2007 11:36am | Edited 1:19pm
ME, I will wait till TD's are breached and james 16 action is there to confirm it.

I won't speculate 'till i see price action. I won't trade for the sake of trading.

I have been Taught a lesson (edit per suntrader lol english not my 1st lang.)
Some of you are definitly noobs and have to pay your dues to learn.

None of you will know the next move.

Patience is the key
Pipology 101 student
  • #19,027
  • Jul 16, 2007 11:46am Jul 16, 2007 11:46am
Taught a lesson.
  • #19,028
  • Jul 16, 2007 11:56am Jul 16, 2007 11:56am
Quoting manu.aquetdju
Closed longs for + 20 pips and I am short now.
That's HUGE... When he starts "SHORT CABLE SHORT!!!", I'll sell the crap out of this pair
  • #19,029
  • Jul 16, 2007 11:58am Jul 16, 2007 11:58am
Quoting pipology-101
ME, I will wait till TD's are breached and james 16 action is there to confirm it.

I won't speculate 'till i see price action. I won't trade for the sake of trading.

I have been tought a lesson.
Some of you are definitly noobs and have to pay your dues to learn.

None of you will know the next move.

Patience is the key
there are more topics in Price Action than James PB

for example the last 4H bar called medium High wave bar
and it confirms resistance/support

you've a reason to trade with the trend

may be the guy is aggressive but he has a reason for shorting
  • #19,030
  • Jul 16, 2007 12:11pm Jul 16, 2007 12:11pm
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
I am not trading at the moment-trying to see what next.... On my charts I have to much support to think of shorting....
I expect 20-30 pip up move at the moment....
That just expectations so I will stay out of market-nothing firm for my entry.....
  • #19,031
  • Jul 16, 2007 12:28pm Jul 16, 2007 12:28pm
i add some more longs on gold at 666....right at 52 ma dailly....
If it doesnt go down, that is price action to me.....
its just money
  • #19,032
  • Jul 16, 2007 12:30pm Jul 16, 2007 12:30pm
Too much 2-ways action today. Every 1hr candle smashing the previous' gain/loss.

Euro 4hr chart is almost a joke....

Hate days like this, but the good news is: days like this preceed strong move days....
  • #19,033
  • Jul 16, 2007 12:35pm Jul 16, 2007 12:35pm
  •  Kokan
  • | Joined Mar 2007 | Status: Should I stay, or should I go | 73 Posts
Quoting cesarnc
Too much 2-ways action today. Every 1hr candle smashing the previous' gain/loss.

Euro 4hr chart is almost a joke....

Hate days like this, but the good news is: days like this preceed strong move days....
Which way?
  • #19,034
  • Jul 16, 2007 12:37pm Jul 16, 2007 12:37pm
Quoting Kokan
Which way?
That's the 1 million dollars question

  • #19,035
  • Jul 16, 2007 12:41pm Jul 16, 2007 12:41pm
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Quoting cesarnc
Too much 2-ways action today. Every 1hr candle smashing the previous' gain/loss.

Euro 4hr chart is almost a joke....

Hate days like this, but the good news is: days like this preceed strong move days....
There is no volume in that moves.....but I see it going up testig 2.0400 again and we will see what that brings... I am quite positive now it will test it again.... But as I said I dont trade but London session....which is mission imposible this week for me.
  • #19,036
  • Jul 16, 2007 12:42pm Jul 16, 2007 12:42pm
Quoting cesarnc
I WANT WHAT HE IS SNORING !!!!! PLEASE, FEDEX ME 1 KG A.S.A.P !!!!!!!
**********************************************************

HEY CESAR,

IS DEES UAT YOO ARE LOOKEEN FOR? GO LONG MAI FREND!


http://www.poster.net/scarface/scarf...ce-6235696.jpg
Unus pro omnibus, omnes pro uno
  • #19,037
  • Jul 16, 2007 12:44pm Jul 16, 2007 12:44pm
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Closing down of 2.0350 is a short indicator for me....... intraday ofcourse
  • #19,038
  • Jul 16, 2007 12:52pm Jul 16, 2007 12:52pm
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
You think he can see quotes on that screen?
  • #19,039
  • Jul 16, 2007 1:04pm Jul 16, 2007 1:04pm
Quoting cesarnc
Hey, my commentary is off here... Where are you getting this?
maybe I shouldn't mention this cause too many people listen to the b.s that is quoted on the commentary,but if you left click on any item on there you will see the commentary
  • #19,040
  • Jul 16, 2007 1:04pm Jul 16, 2007 1:04pm
Quoting ndvt241
I think it will, let's see
=================

Since the market is moving slowly, I have just closed my last position at 0360 taking 26 pips profits

I always wish good luck to everyone
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