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Cable Update (GBPUSD)

  • #19,641
  • Jul 18, 2007 7:59am Jul 18, 2007 7:59am
Quoting cesarnc
It's already about 100 pips off the high. There is the movement.
thats true but I was expecting a good movement after the news relaease...

Also eurusd hit the support 1.3764 and gbpusd 2.0470

I would be so angry if the pairs go up and cant brake these supports and close below them.
  • #19,642
  • Jul 18, 2007 7:59am Jul 18, 2007 7:59am
its gonna be a hard way down, unless we get good momentum... remember theres alot of upward moment still in this thing and there really no strong topping pattern shorts right now are highly speculative at best.... let see.
  • #19,643
  • Jul 18, 2007 8:00am Jul 18, 2007 8:00am
Quoting Turtle
Are you serious?????? You gotta be kidding me.....15 lots @ 0545???

He is sweating bullets now....
Go back few pages of this thread... when GU @2.0540... he yelling for SURE TO HIT 2.0700, ITS INEVITABLE! Abandon your short, go LONG.
  • #19,644
  • Jul 18, 2007 8:01am Jul 18, 2007 8:01am
Quoting m00jiman
now whats takin so long to fall. it was stopped dead twice on 460. I feel like slappin this B*Tch!

Gotta let more longs in thinking they are right for the moment, so their cover sell orders push through stops below on the next level
"Millionaires don't use astrology, billionaires do"
  • #19,645
  • Jul 18, 2007 8:02am Jul 18, 2007 8:02am
Quoting enoc2g
its gonna be a hard way down, unless we get good momentum... remember theres alot of upward moment still in this thing and there really no strong topping pattern shorts right now are highly speculative at best.... let see.
GU is up simply because of SPECULATOR. Nothing else. When BAD UK news, GU only move 40-50 pips but if good news, those monkeys at trading houses move GU over 100 pips.
  • #19,646
  • Jul 18, 2007 8:02am Jul 18, 2007 8:02am
Quoting soros_junior
just a little bit of retracement... i've told u guys to hold your longs... now the journey to the north shall resume...
Still not giving up heh?
  • #19,647
  • Jul 18, 2007 8:02am Jul 18, 2007 8:02am
Quoting venci
Go and Buy Fifteen Lots!!!

NO!!

http://www.net-games.biz/funny-pictu...ctures/550.jpg
  • #19,648
  • Jul 18, 2007 8:02am Jul 18, 2007 8:02am
Krishna made a pretty good call....It's way to early to say the long term call is correct, but short term, not bad at all..

It does take some guts to come in here and make bold calls, it's just a shame that Krishna's call wasn't made with a little more respect for the market, not this "you won't ever see .0550 again" crap..

Also it would be nice if we could get some reasons behind the prediction, that way someone might learn something or we could have discussion about it..
  • #19,649
  • Jul 18, 2007 8:03am Jul 18, 2007 8:03am
Quoting Islander
Painful....but IF he uses good money management ...say $10,000 / standard lot, it will not be a problem.

But at say $2K / lot.........nasty
How is your PF Man!! I asked you before at 30 pages ago

can you post the new chart again ??
  • #19,650
  • Jul 18, 2007 8:03am Jul 18, 2007 8:03am
Quoting cesarnc
Soros' stoplosses being triggered



Sorry, man. I'm gonna dance over your head every 10 pips off 2.1000
Sadly for u, Cesar may nor b the only one doing it
  • #19,651
  • Jul 18, 2007 8:04am Jul 18, 2007 8:04am
Quoting enoc2g
its gonna be a hard way down, unless we get good momentum... remember theres alot of upward moment still in this thing and there really no strong topping pattern shorts right now are highly speculative at best.... let see.
indeed... easier to go up now than down... keep on to your longs guys.... the uptrend wave is still very very very impulsive... mr bernanke will make it even faster for GU to go to north... if u notice, after his every speech, GU always go up.... he's supportive of GBP
  • #19,652
  • Jul 18, 2007 8:05am Jul 18, 2007 8:05am
Quoting zamans98
Go back few pages of this thread... when GU @2.0540... he yelling for SURE TO HIT 2.0700, ITS INEVITABLE! Abandon your short, go LONG.

Maybe he was propoganda for exchange's sucker more into longs maybe because they already knew where all the orders were. The makers see all bid/offer orders in the market, is why hard to beat them, Maybe they have a huge block down around 2.000o they might like to fill, so they craft movements to them. Obviously no more orders above 0544 right now
"Millionaires don't use astrology, billionaires do"
  • #19,653
  • Jul 18, 2007 8:06am Jul 18, 2007 8:06am
Quoting soros_junior
indeed... easier to go up now than down... keep on to your longs guys.... the uptrend wave is still very very very impulsive... mr bernanke will make it even faster for GU to go to north... if u notice, after his every speech, GU always go up.... he's supportive of GBP
People change, speeches also change...... G/U price also can change.

So pls do not take past results to predict the future.

LOL.
  • #19,654
  • Jul 18, 2007 8:09am Jul 18, 2007 8:09am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Should have trusted my charts, would have been many pips better of. live and learn.

just to add my charts are now rolling from long to short in the lower time scales. still can't work out how to post.
  • #19,655
  • Jul 18, 2007 8:10am Jul 18, 2007 8:10am
Doesn't look good son !!!! You should follow my example and SHORT !!!!!
Attached Image
For he that would be deceived, let him.
  • #19,656
  • Jul 18, 2007 8:10am Jul 18, 2007 8:10am
Quoting henrycarol
People change, speeches also change...... G/U price also can change.

So pls do not take past results to predict the future.

LOL.
if the trend always the same i.e. after Bernanke speech = GU, EU went north... then it's telling something... to me it's only mean "Bernanke hate USD & love GBP"
  • #19,657
  • Jul 18, 2007 8:11am Jul 18, 2007 8:11am
For the last 5 years the US has been in an economic boom not seen since the 90's. Dow is up almost twice what it was post 9-11. Inflation under control and employment high. But the dollar has been beaten down, so hard to figure. My guess is that high oil prices are fueled by speculation and middle east countries. Then these middle east countries (or OPEC) are selling these massive amounts of dollars and buying euros and pounds. It's like an economic war against US.
  • #19,658
  • Jul 18, 2007 8:12am Jul 18, 2007 8:12am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting MPP
Should have trusted my charts, would have been many pips better of. live and learn.

just to add my charts are now rolling from long to short in the lower time scales. still can't work out how to post.

just to add, my charts have been long since early june. so big indicator for me to follow the rest of you and grab my shorts
  • #19,659
  • Jul 18, 2007 8:14am Jul 18, 2007 8:14am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bhale
For the last 5 years the US has been in an economic boom not seen since the 90's. Dow is up almost twice what it was post 9-11. Inflation under control and employment high. But the dollar has been beaten down, so hard to figure. My guess is that high oil prices are fueled by speculation and middle east countries. Then these middle east countries (or OPEC) are selling these massive amounts of dollars and buying euros and pounds. It's like an economic war against US.

It's not just economic, it's also a stand against the power and the voice of poeple telling them to mind there own business around the world. happen to the uk after WWII when the dollar became the currency to trade around the world.
  • #19,660
  • Jul 18, 2007 8:14am Jul 18, 2007 8:14am
Quoting soros_junior
just a little bit of retracement... i've told u guys to hold your longs... now the journey to the north shall resume...
Starring Soros "Die Hard" Jr.

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