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Cable Update (GBPUSD)

  • #21,981
  • Jul 31, 2007 1:58pm Jul 31, 2007 1:58pm
Quoting cesarnc
Dow +102 at open http://forum.gtarena.net/images/smilies/smiley_rock.gif
I can't stop laughing when I see this
  • #21,982
  • Jul 31, 2007 2:00pm Jul 31, 2007 2:00pm
Quoting notme32
So Cesarnc, with ways you think it will go this week ? south or north ?

maybe both ?
I was looking for 0400 before resuming down. But not today (well, yet). Thrusday holds BOE rate statement. You will figure out the direction pretty easily.
  • #21,983
  • Jul 31, 2007 2:01pm Jul 31, 2007 2:01pm
Quoting Forexpupil
You are right, itīs coming down!

But i have the signal

Daily chart, Macd round bottom, green bar, adx DI 32, -DI 23

I hope you be happy on your positions

Can't say im sad with my position, but i will be happier if GBP close below .0300 ...
  • #21,984
  • Jul 31, 2007 2:05pm Jul 31, 2007 2:05pm
Quoting cesarnc
I was looking for 0400 before resuming down. But not today (well, yet). Thrusday holds BOE rate statement. You will figure out the direction pretty easily.
I C , thankies
I Deeply Love My Virtual Life In Virtual World , RLC
  • #21,985
  • Jul 31, 2007 2:05pm Jul 31, 2007 2:05pm
Quoting cesarnc

Down with no parachutes.

  • #21,986
  • Jul 31, 2007 2:49pm Jul 31, 2007 2:49pm
Quoting cesarnc
3 min later, dow -50 hehehe... bears are back in the Big Apple
many minutes later, dow -100+ ....
  • #21,987
  • Jul 31, 2007 2:51pm Jul 31, 2007 2:51pm
Quoting pino2
Talking about "going down with no parachutes", anybody heard from soros JR?
  • #21,988
  • Jul 31, 2007 2:57pm Jul 31, 2007 2:57pm
Quoting cesarnc
Talking about "going down with no parachutes", anybody heard from soros JR?
On what price he stopped posting ?
  • #21,989
  • Edited 3:03pm Jul 31, 2007 3:01pm | Edited 3:03pm
Dow down -148

Look out below.......
  • #21,990
  • Jul 31, 2007 3:09pm Jul 31, 2007 3:09pm
It's about to go downtrend in 4 hr and 1 hr so according this post it will go south 200 pips.

http://www.forexfactory.com/showthre...=40582&page=39
  • #21,991
  • Jul 31, 2007 3:14pm Jul 31, 2007 3:14pm
Quoting cesarnc
Wanna see how the statement is coming....

One single word pointing 6.0% for 2007 and this damn pair will explode north. Otherwise, we may have seen the end of the hike cycle. Down with no parachutes.

mostly likely unchanged but we'll see.
BAM BAM BOOM! -bravado
  • #21,992
  • Jul 31, 2007 3:33pm Jul 31, 2007 3:33pm
Quoting bravado
have a safe trip back!
Thanks mate. This is my last post before I head off, all predictions came true at last, bagging all the trades now because I can't watch the market on the darn plane, GBPJPY and AUDUSD were the most profitable but it's the majors that are the best in the long term so hang on to those shorts unless you smell a 6.0%.

Its all in the stars folks See you in a week.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,993
  • Jul 31, 2007 3:42pm Jul 31, 2007 3:42pm
Quoting Turtle
Dow down -148

Look out below.......
Tomorrow below 13,000?

They are already down for the BBQ

http://hyenas.zoology.msu.edu/images...amp_web500.jpg
  • #21,994
  • Jul 31, 2007 3:47pm Jul 31, 2007 3:47pm
Geeezzz......cable having a hard time to break such a lame support.....thats BULL !!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: graph.jpg Size: 83 KB
For he that would be deceived, let him.
  • #21,995
  • Jul 31, 2007 4:04pm Jul 31, 2007 4:04pm
Pinch, its not that it cant take it out, its that its needing the ma's to move up over time so that when they breach a certain point as a MA the res/sup as used by traders becomes weaker and the real sup/res becomes negated. just my observations
"Millionaires don't use astrology, billionaires do"
  • #21,996
  • Jul 31, 2007 4:11pm Jul 31, 2007 4:11pm
Quoting OrionsWay
Pinch, its not that it cant take it out, its that its needing the ma's to move up over time so that when they breach a certain point as a MA the res/sup as used by traders becomes weaker and the real sup/res becomes negated. just my observations
...............
For he that would be deceived, let him.
  • #21,997
  • Jul 31, 2007 4:16pm Jul 31, 2007 4:16pm
we need 4hrs to tear throught he lower channel on sustained volume then she be all over except test the lows, where it will fail, since it wasnt buying but exhaustion, now its regrouped me thinks if channel bottom becomes negated.
Nice looking daily bar should we close like this



chunnel did a cinderella bounce off 50%. failed to buy again arrrrg
"Millionaires don't use astrology, billionaires do"
  • #21,998
  • Jul 31, 2007 4:16pm Jul 31, 2007 4:16pm
Quoting pinchapip
Geeezzz......cable having a hard time to break such a lame support.....thats BULL !!!!!!!!
And away we go...........
  • #21,999
  • Jul 31, 2007 4:19pm Jul 31, 2007 4:19pm
I am Short Cable Short Very Big Position
  • #22,000
  • Jul 31, 2007 4:25pm Jul 31, 2007 4:25pm
I'm short @ 2.0351 2 lots TP1 2.0140, TP2 will wait for a break of 2.0030 SL 2.0391 (it's not that I'm placing 40 pips but the break of 2.0390 will move the cable up)
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