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Cable Update (GBPUSD)

  • #19,321
  • Jul 17, 2007 11:13am Jul 17, 2007 11:13am
Quoting zamans98
Nice PIPS for this thread

CONGRATS for being the HIGHEST ranked THREAD EVER. [In FF and any other FOREX forum...err a combined post from small forum will never ever beat this one ]

July 10 was PAGE 1200
Since then, up by 1,350 pips (opps.. 1350 posting, 90pages x 15 posting)

And still have more to go....
  • #19,322
  • Jul 17, 2007 11:33am Jul 17, 2007 11:33am
hi everyone..
why cable is so strong? i made mistake today.i shorted( limit order)cable at 1.0410. just 1 lot.
anyone have any idea, should i hold position or close.
  • #19,323
  • Jul 17, 2007 11:36am Jul 17, 2007 11:36am
sorry..short at 2.0410
  • #19,324
  • Jul 17, 2007 11:37am Jul 17, 2007 11:37am
First, this post was stage for a monumental war between fundis and techis. Miss those good old days.

Now we have astrologists, Wolf Wave counters, krishnas, and cocaine powered traders...

They call it "diversity". Whatever...
  • #19,325
  • Jul 17, 2007 11:37am Jul 17, 2007 11:37am
Quoting harryz
hi everyone..
why cable is so strong? i made mistake today.i shorted( limit order)cable at 1.0410. just 1 lot.
anyone have any idea, should i hold position or close.
CLOSE ASAP, and GO LONG. LONG LONG...
its just money
  • #19,326
  • Jul 17, 2007 11:39am Jul 17, 2007 11:39am
Quoting harryz
sorry..short at 2.0410
CLOSE onla asap, and go long, long, long....
its just money
  • #19,327
  • Jul 17, 2007 11:41am Jul 17, 2007 11:41am
Quoting cesarnc
First, this post was stage for a monumental war between fundis and techis. Miss those good old days.

Now we have astrologists, Wolf Wave counters, krishnas, and cocaine powered traders...

They call it "diversity". Whatever...

Another good one.
  • #19,328
  • Jul 17, 2007 11:43am Jul 17, 2007 11:43am
In war like this Fundies win in 99%...
its just money
  • #19,329
  • Jul 17, 2007 11:47am Jul 17, 2007 11:47am
Quoting krishna
Hi
Lord Of Fx

"krishna"
simply unbelievable.
i am the lord of all trades. i even trade pork bellies.
if it has a price, i can trade it.

profit after profits.

there can only be one lord.
BAM BAM BOOM! -bravado
  • #19,330
  • Jul 17, 2007 11:50am Jul 17, 2007 11:50am
Quoting allserene
This blessed plot, this earth, this realm, this England.
correction.

"This blessed chart, this analysis, this trader, this BRAVADO."
BAM BAM BOOM! -bravado
  • #19,331
  • Jul 17, 2007 11:53am Jul 17, 2007 11:53am
Quoting krishna
LIVE LOVE LAUGH

KRISHNA

i just rule.
BAM BAM BOOM! -bravado
  • #19,332
  • Jul 17, 2007 11:54am Jul 17, 2007 11:54am
Quoting bravado

there can only be one lord.
Isn't it: "in the end, there can be only one."

I bet we can see swords and rolling heads and lightning soon ;P
Trust price. Know yourself.
  • #19,333
  • Jul 17, 2007 11:58am Jul 17, 2007 11:58am
Quoting SeekingLight
Isn't it: "in the end, there can be only one."

I bet we can see swords and rolling heads and lightning soon ;P
http://adorocinema.cidadeinternet.co...r-poster05.jpg
BAM BAM BOOM! -bravado
  • #19,334
  • Jul 17, 2007 11:58am Jul 17, 2007 11:58am
Quoting bravado
i just rule.
Indeed... Carrying a -400 pips drawdown requires BAAAALLLLSSSSS

  • #19,335
  • Jul 17, 2007 11:58am Jul 17, 2007 11:58am
Quoting cesarnc
First, this post was stage for a monumental war between fundis and techis. Miss those good old days.

Now we have astrologists, Wolf Wave counters, krishnas, and cocaine powered traders...

They call it "diversity". Whatever...
but we got free speach here, thats what we wonted, cesar remember the days only u and i were here (we 2 were abonded, some special meeting, for reply deleting etc, and then it was called trash tread etc...) Ill never forget that. We got hundreds of opinion dailly. Might be becoming trash....still is gona be where we will go dailly. at least i will!


CESAR FOR PRESIDENT
its just money
  • #19,336
  • Jul 17, 2007 12:01pm Jul 17, 2007 12:01pm
No one can predict how high Cable will go because we haven't seen these levels in a long time.

On the other hand, Euro appears to be resting at a key support level of 1.3780. From here we should see it move up to at least 3850 in the next few days.
  • #19,337
  • Jul 17, 2007 12:05pm Jul 17, 2007 12:05pm
Quoting de123
but we got free speach here, thats what we wonted, cesar remember the days only u and i were here (we 2 were abonded, some special meeting, for reply deleting etc, and then it was called trash tread etc...) Ill never forget that. We got hundreds of opinion dailly. Might be becoming trash....still is gona be where we will go dailly. at least i will!


CESAR FOR PRESIDENT
sure

the only one i wait his posts is Cesar
I love this man and I feel I know him

so do you have pic Cesar, I'm eager to see you

and don't understand me wrong
  • #19,338
  • Jul 17, 2007 12:06pm Jul 17, 2007 12:06pm
Right guys, a challenge for you on Fibs. I am struggling to find any meaningful point at which to draw a fib which will give an extended long target. Any thoughts ???

Shorts are easy but I have never come across this before, tried 1hr, 4hr and daily so far.
  • #19,339
  • Jul 17, 2007 12:07pm Jul 17, 2007 12:07pm
Quoting de123
but we got free speach here, thats what we wonted, cesar remember the days only u and i were here (we 2 were abonded, some special meeting, for reply deleting etc, and then it was called trash tread etc...) Ill never forget that. We got hundreds of opinion dailly. Might be becoming trash....still is gona be where we will go dailly. at least i will!


CESAR FOR PRESIDENT
free-speech-bullshit, de123, you know that. Once and while crazy traders pop in, smash the thread with lousy calls, nothing works, margin calls, never heard from again, gone to Laughbag Hall of Fame.

Last one free444, with whom BRAVADO (THE LORD) was shorting cable at 0055 compulsively

There were "diamond" traders (Cable 1.4000 before 2.0300) and others.... I stay with my lil daily pippies here and that's ok. For now, just dying to find this damn top here. Don't care if 0470, 0555 or freaking 2.1. Just want to ride a next correction period.
  • #19,340
  • Jul 17, 2007 12:08pm Jul 17, 2007 12:08pm
LOL, now we have a late Hindu diety and a Hungarian minor clamouring for our attention....never a dull moment in this thread.

Yes, there are Gods in FX....they´re the Banks and Funds - aka the Big Dogs and when they decide that cable´s reached their targets they will Sell....and we little guys better be quick to change and ride their next move.

Another 10,000 pips up on cable.....at the present rate that will take about 11 years (the current 321 week rally from the June 2001 low has put on about 6,800 pips)......and entering its 322nd week it will be in a time window for possible change - a 1,000 pip correction is easily possible when looking at weekly time frames.

On the 4 hour chart, cable is in a wave 5 rally and has reached its "normal" target at 0488 - its next extension being 606, so some sort of pull back is now becoming more probable - especially given the length of the rally so far.

A 6th and 7th wave up could follow IF that´s what the Big Dogs want, but IF they want a break and a holiday, then a pull back would make sense.......the more mature the trend, the nearer it is to completing.

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