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Cable Update (GBPUSD)

  • #21,921
  • Jul 31, 2007 8:46am Jul 31, 2007 8:46am
That's really boring...

I'm off the PC now, or this monitor will learn to fly today.

Cya later
  • #21,922
  • Jul 31, 2007 8:48am Jul 31, 2007 8:48am
Quoting cesarnc
http://forum.gtarena.net/images/smilies/smiley_rock.gif
That makes me laugh everytime....
  • #21,923
  • Jul 31, 2007 8:49am Jul 31, 2007 8:49am
Quoting waf_1988
What do you think about today's fundamental?! Will it wight more on the pair?
I think the pair's bear is losing its momentum, but I worry more about fundamental as it will fail my analysis

ya the fundamentals is the big killer when it comes to mm. if you dont understand them then i suggest not to trade during that time. there are far more technical trading during the non news time to trade. ive lost lots of money during news time and only will trade if i know if its a big impact.
  • #21,924
  • Jul 31, 2007 8:50am Jul 31, 2007 8:50am
now observe that the chicago pmi did not have that much impact if at all. this pair will go up today. dont know how much but it will. just me
  • #21,925
  • Jul 31, 2007 8:52am Jul 31, 2007 8:52am
Quoting treadline
now observe that the chicago pmi did not have that much impact if at all. this pair will go up today. dont know how much but it will. just me
Yeah, just you
  • #21,926
  • Jul 31, 2007 8:52am Jul 31, 2007 8:52am
Take it easy guys...last week was crazy, bulls and bears are cautious and still recovering.

The big news will roll by the end of the week...position yourselves strategically

BULLETPROOF YOURSELF !!!!
For he that would be deceived, let him.
  • #21,927
  • Edited 9:06am Jul 31, 2007 8:53am | Edited 9:06am
U know these interbanking spreads are such a conspiracy scam its pathetic, anything to rape the ppl and better their bottom line, pricks should be shot and pissed on.


If your broker is fixed spreads stay with them u may not get a fill always but you wont be held hostage at the conspiracy rates or 10+ pip spreads

They are so afraid of the volatility chicken shit scammers LOL

cant even take a trade unless you pay the TOLL on top of the TOLL


bunch of hose bags


ok im done now LOL
"Millionaires don't use astrology, billionaires do"
  • #21,928
  • Jul 31, 2007 9:11am Jul 31, 2007 9:11am
nice drop on the pair... Still short on eurusd... But I wonder if this is just somewhat of a h1 spike.
  • #21,929
  • Jul 31, 2007 9:11am Jul 31, 2007 9:11am
Quoting cesarnc
That's really boring...

I'm off the PC now, or this monitor will learn to fly today.

Cya later
Amigo..leave the darn USDJPY alone, both US and Japan recovering a little now so it makes for a hard game. Look at the other pairs, life is beautiful!

*looks at chart*

Ok, life is beautiful but very freaking slow, I made 17 pips in a a whole day of euro, somebody slap me on the back
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,930
  • Jul 31, 2007 9:15am Jul 31, 2007 9:15am
Short Cable Short

http://www.chatting.vg/e2/dance.gif
  • #21,931
  • Jul 31, 2007 9:17am Jul 31, 2007 9:17am
Quoting cesarnc
Short Cable Short

http://www.chatting.vg/e2/dance.gif
There you gohttp://www.chatting.vg/e2/dance.gif http://www.chatting.vg/e2/dance.gif
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,932
  • Jul 31, 2007 9:19am Jul 31, 2007 9:19am
Quoting cesarnc
Short Cable Short

http://www.chatting.vg/e2/dance.gif
a close below 2.0290 would be fantastic... Yet its too early to talk... But it seems to be heading further south. but as again 2.0290 is an important support and 1.3690 in eurusd which is hit at the moment.
  • #21,933
  • Jul 31, 2007 9:21am Jul 31, 2007 9:21am
Quoting dd33
I tought u were long cable yesterday?
Yes I was , but I have closed too early @ 2.0270 (with profit 23 pips) and opened short at same price. Now I am -20 pips. Short Cable Short
  • #21,934
  • Jul 31, 2007 9:23am Jul 31, 2007 9:23am
Quoting Plutonite
There you gohttp://www.chatting.vg/e2/dance.gif http://www.chatting.vg/e2/dance.gif
Oh and how about a really sweet AUDUSD short? You know the stars are never wrong
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,935
  • Jul 31, 2007 9:31am Jul 31, 2007 9:31am
cable prolly find strong sup on the lower hrly channel
"Millionaires don't use astrology, billionaires do"
  • #21,936
  • Jul 31, 2007 9:33am Jul 31, 2007 9:33am
Quoting OrionsWay
cable prolly find strong sup on the lower hrly channel
Yes Cable will drop
  • #21,937
  • Jul 31, 2007 9:33am Jul 31, 2007 9:33am
That's bullshit....

Truckload of economic releases, ok? Now freaking "construction spending" kicks in and dow jones is off the highs by 30 points.

You know, housing, subprime, the whole deal.
  • #21,938
  • Jul 31, 2007 9:35am Jul 31, 2007 9:35am
its recovering now... very interesting day.
  • #21,939
  • Jul 31, 2007 9:36am Jul 31, 2007 9:36am
Seems like any negative news to due with US housing will just take pairs even higher.....
  • #21,940
  • Jul 31, 2007 9:39am Jul 31, 2007 9:39am
Quoting OrionsWay
U know these interbanking spreads are such a conspiracy scam its pathetic, anything to rape the ppl and better their bottom line, pricks should be shot and pissed on.


If your broker is fixed spreads stay with them u may not get a fill always but you wont be held hostage at the conspiracy rates or 10+ pip spreads

They are so afraid of the volatility chicken shit scammers LOL

cant even take a trade unless you pay the TOLL on top of the TOLL


bunch of hose bags




ok im done now LOL
There is no such a thing as a free lunch...right !?!?! Even at Salvation Army, you pay for the soup you eat by listening to their sermon later. So why would the big banks let you get away with a bunch of cash after news time ???

When a few people were trading news profitably they didn't care that much, but the word spread fast and they had to do something.

I trade at Oanda and by news time spreads can go up to 60 pips, but hey...thats the name of the game, if Forex was easy it would not be profitable. The banks and their extension, the brokers, got it !! The days of easy money at news time is gone folks, and that is being reflected in the weak movements we are experiencing lately.

Unless you have a huge deviation of the consensus on news time, or some "peek-a-boo" surprise hike by the BOE, forget about having 150 pip movements on the cable.

Fixed spread brokers are the biggest BULL I ever heard!! Apart from the fact that they cheat you on interest, charge you a commission, etc...you just don't get filled !!! Or worse, they go out of business and take your money with them. They are the KINGS of the bucketshop society.
For he that would be deceived, let him.
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