karmostaji
lol, exactly.
cesarnc... i'm very sorry. What was i thinking?
Will you guys send me to the lions for such blasphemy?
http://www.nasa.gov/images/content/1...s_eating_t.jpg
For he that would be deceived, let him.
Cable Update (GBPUSD)
- #24,181
- Aug 14, 2007 6:30am Aug 14, 2007 6:30am
- #24,182
- Aug 14, 2007 6:37am Aug 14, 2007 6:37am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
Support Levels - A term used in technical analysis indicating a specific price level at which a currency will have the inability to cross below. Recurring failure for the price to move below that point produces a pattern that can usually be shaped by a straight line. It is the opposite of Resistance levels.
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Sorry my boss was talking to me about resistance levels while I was writing this.... I said the possible largest support is around 1.9930 today...
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- #24,183
- Aug 14, 2007 6:38am Aug 14, 2007 6:38am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
NOOOOOO...worse !!!! You will be condemned to trade like Soros Jr for the rest of your life
- #24,185
- Aug 14, 2007 6:48am Aug 14, 2007 6:48am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
nice joke....short g/u 2.0095 woohooo..
oh sh** its on demo acc lol
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- #24,186
- Aug 14, 2007 7:02am Aug 14, 2007 7:02am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #24,187
- Aug 14, 2007 7:06am Aug 14, 2007 7:06am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Long cable 0004 MT target 0900-1020
Our leader is 'Soros Jr.'
Trade what you see, not what you think.
- #24,188
- Aug 14, 2007 7:09am Aug 14, 2007 7:09am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
Welcome to the 'Long cable Long' gang
Our leader is 'Soros Jr.'
im not worthy
not 100% convinced just yet, maybe just a scalp. Never really seen serious support come in yet so maybe some dipping to go. could be the early longs here.
But then again maybe just supply drying up and no need to support so strongly
"Millionaires don't use astrology, billionaires do"
- #24,189
- Aug 14, 2007 7:12am Aug 14, 2007 7:12am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #24,192
- Aug 14, 2007 7:17am Aug 14, 2007 7:17am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
Welcome to the 'Long cable Long' gang
Our leader is 'Soros Jr.'
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- #24,195
- Aug 14, 2007 7:31am Aug 14, 2007 7:31am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
What do you think about fundamental releases today?! PPI and Trade balance at once, will it push the pair around?
But there is a VERY important support level nearby @ 1.9930. That might hold back the GU to fall down... Or it might and then will FLY back... That is my view... Othervise my models are completely news, fundamentals, etc. independent and they are saying that I should be short... I have some LONG orders as well but they are biased for today if the 1.9950 - 1.9930 is hit today... Have a good trading
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- #24,196
- Aug 14, 2007 7:31am Aug 14, 2007 7:31am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #24,198
- Aug 14, 2007 7:41am Aug 14, 2007 7:41am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
I cannot "see" the future.. I am trading on statistical probabilities of the price action.... So probability says fall...
Even if you get the news and you react... luckily into the good direction... I think that the banks with their trading algorithms running on grid linked computers calculating the probabilities in the fraction of milliseconds + they will have more information in shorter time then you do... Well you cannot beat that... So the only way is some mid/long term strategies/models... And trading with the trend (crowd)... That is what I am doing. But statistcial price actions...
go here for some ideas
http://www.forexfactory.com/showthread.php?t=27624
Even if you get the news and you react... luckily into the good direction... I think that the banks with their trading algorithms running on grid linked computers calculating the probabilities in the fraction of milliseconds + they will have more information in shorter time then you do... Well you cannot beat that... So the only way is some mid/long term strategies/models... And trading with the trend (crowd)... That is what I am doing.
But statistcial price actions...go here for some ideas
http://www.forexfactory.com/showthread.php?t=27624
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- #24,199
- Aug 14, 2007 7:44am Aug 14, 2007 7:44am
I cannot "see" the future.. I am trading on statistical probabilities of the price action.... So probability says fall...
Even if you get the news and you react... luckily into the good direction... I think that the banks with their trading algorithms running on grid linked computers calculating the probabilities in the fraction of milliseconds + they will have more information in shorter time then you do... Well you cannot beat that... So the only way is some mid/long term strategies/models... And trading with the trend (crowd)... That is what I am doing.
go here for some ideas
http://www.forexfactory.com/showthread.php?t=27624
What is your next TP? Is it likely to keep falling?
Hello World
- #24,200
- Aug 14, 2007 7:45am Aug 14, 2007 7:45am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"