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Cable Update (GBPUSD)

  • #21,141
  • Jul 25, 2007 12:47pm Jul 25, 2007 12:47pm
If here in America the situation is bad....well maybe Europe it's getting worse !!!!!!!

Inserted Video
For he that would be deceived, let him.
  • #21,142
  • Jul 25, 2007 12:48pm Jul 25, 2007 12:48pm
Quoting supergoncas
What is your (active) most "distant" short for cable?
Got 0603 and 0429. some others in the between.

My killer traders are in Euro, though. Performing not that crazy like Cable. I bet on a H&S-like formation yesterday in the hourly at 3830 and loaded the truck big time. Confirmed and down like a rock.
  • #21,143
  • Jul 25, 2007 1:04pm Jul 25, 2007 1:04pm
Quoting cesarnc
Got 0603 and 0429. some others in the between.

My killer traders are in Euro, though. Performing not that crazy like Cable. I bet on a H&S-like formation yesterday in the hourly at 3830 and loaded the truck big time. Confirmed and down like a rock.


finally
Cesar Join us and believe in techs
  • #21,144
  • Jul 25, 2007 1:08pm Jul 25, 2007 1:08pm
Quoting pinchapip
I know you asked Cesar about it....but I can't resist...what about 1.95http://www.forexfactory.com/images/icons/icon10.gif
I believe that's free444's department (Soros Jr. on the other extreme)
  • #21,145
  • Jul 25, 2007 1:09pm Jul 25, 2007 1:09pm
Quoting benssol


finally
Cesar Join us and believe in techs
I believe in techs when they make sense with the fundamentals. No reason for further push on euro beyond 3850, the way I see it (various fundis and techis reasons).

When it failed 3830, then failed 3850 then re-tested 3820, a H&S-like formation was being built. The lack of steam to push euro above 3850 would surely inspire profit taking. It's acting this way since 2900
  • #21,146
  • Jul 25, 2007 1:11pm Jul 25, 2007 1:11pm
And last but not least, newbies that never traded 1.9XXX will read about it in the history books only
  • #21,147
  • Jul 25, 2007 1:13pm Jul 25, 2007 1:13pm
Quoting cesarnc
And last but not least, newbies that never traded 1.9XXX will read about it in the history books only
give free444 a chance to close his positions at BE
  • #21,148
  • Jul 25, 2007 1:14pm Jul 25, 2007 1:14pm
Quoting cesarnc
And last but not least, newbies that never traded 1.9XXX will read about it in the history books only
my trusty indicator is back!
so that means target 1.9xxx by tomorrow..

but there is no party whistler smiley on that signal. not a strong signal but good one nevertheless.
BAM BAM BOOM! -bravado
  • #21,149
  • Jul 25, 2007 1:22pm Jul 25, 2007 1:22pm
Quoting pinchapip
If here in America the situation is bad....well maybe Europe it's getting worse !!!!!!!

http://www.youtube.com/watch?v=Tdxmu...n%2520en%2520l
Of course the UK isn't Euroland so the Spanish apartment market has no immediate relevence to cable...I can remember Idi Amin sending the british containers of bananas to live on coz he heard it was so bad....
ok national debt >

Spain - 44.7% of GDP
USA - 64.7% of GDP

I know who's going to be needing bananas first and I know who's president looks like he eats them already...

I see a downturn in the uk though - the cycle is set for it
  • #21,150
  • Jul 25, 2007 1:23pm Jul 25, 2007 1:23pm
Quoting bravado
my trusty indicator is back!
so that means target 1.9xxx by tomorrow..

but there is no party whistler smiley on that signal. not a strong signal but good one nevertheless.
Is that SIGNAL enough to you, monsieur bravadaux??
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  • #21,151
  • Jul 25, 2007 1:23pm Jul 25, 2007 1:23pm
I'm short at 2.0140. It's about time for a turn. It will eventually get there, but may be late August. I have enough to withstand 2.1000, so I think I'm safe.
  • #21,152
  • Jul 25, 2007 1:23pm Jul 25, 2007 1:23pm
Quoting cesarnc
And last but not least, newbies that never traded 1.9XXX will read about it in the history books only
hi..hi...hi..hi..1000 pips and we don't even blink.... right guys !!!!

If I have to leave it to my grandkids thats fine...but maybe we'll see it sooner rather than later, the fact is that up or down we make money !!!!
For he that would be deceived, let him.
  • #21,153
  • Jul 25, 2007 1:53pm Jul 25, 2007 1:53pm
So....... go short on GBP???
  • #21,154
  • Jul 25, 2007 2:00pm Jul 25, 2007 2:00pm
Quoting N8s
So....... go short on GBP???
i fav no trade at this point unless you are already in then you wouldn't be asking anyway.
BAM BAM BOOM! -bravado
  • #21,155
  • Jul 25, 2007 2:03pm Jul 25, 2007 2:03pm
currently short @ 2.0505... I believe in a short term downtrend. We will see.
  • #21,156
  • Jul 25, 2007 2:12pm Jul 25, 2007 2:12pm
boring american session so far... Probably we will have to wait until tomorrow's European session for further action.
  • #21,157
  • Jul 25, 2007 2:21pm Jul 25, 2007 2:21pm
GBPUSD going up Long !!!
  • #21,158
  • Jul 25, 2007 2:45pm Jul 25, 2007 2:45pm
2.0543 is the next resistance. I will wait until the pair closes above it before closing my short position. I still believe that the pair will hit lil lower than 2.0300
  • #21,159
  • Jul 25, 2007 3:40pm Jul 25, 2007 3:40pm
Quoting pinchapip
If here in America the situation is bad....well maybe Europe it's getting worse !!!!!!!

http://www.youtube.com/watch?v=Tdxmu...n%2520en%2520l
No se venden en Espana. Y 300,000E por esa mierda. La cosa esta jodia por todos los lados.
  • #21,160
  • Jul 25, 2007 3:57pm Jul 25, 2007 3:57pm
Quoting Alfa159
2.0543 is the next resistance. I will wait until the pair closes above it before closing my short position. I still believe that the pair will hit lil lower than 2.0300
when it closes above 2.0543 you will take loss on your 2.0505? I was thinking of going short at 2.0543... you know buy low sell high, it looks like a short term high to me.... . but im a newbee!
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