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Cable Update (GBPUSD)

  • #24,641
  • Aug 15, 2007 9:25am Aug 15, 2007 9:25am
Since it is still far from the 1.9982 so it is good for the downward move for cable, so be careful, and on the other side, wish you all success and happy trading
  • #24,642
  • Aug 15, 2007 9:25am Aug 15, 2007 9:25am
Quoting karmostaji
i said it earlier, later today you'll be saying +500 cha-ching cha-ching
yes. i want to say cha-ching..
BAM BAM BOOM! -bravado
  • #24,643
  • Aug 15, 2007 9:25am Aug 15, 2007 9:25am
Quoting pino2
Since it is still far from the 1.9982 so it is good for the downward move for cable, so be careful, and on the other side, wish you all success and happy trading
you still short pino2?
BAM BAM BOOM! -bravado
  • #24,644
  • Aug 15, 2007 9:26am Aug 15, 2007 9:26am
Quoting cesarnc
Oh no, here we go again...

Sun X Warper

http://www1.istockphoto.com/file_thu...s_fighting.jpg
I better watch out, he might hit with his pink teddie.

And what is he doing with his right hand?
  • #24,645
  • Aug 15, 2007 9:27am Aug 15, 2007 9:27am
Quoting bravado
i am -120 on my other trades and +60 on cable so..

-60 pips..
From CNBC

(Aug 15) - Update 2 - Major Investment conglomerate Cha-Chin Corporation reporting sharply recover out of the mud his CEO bravado got the company into. The CEO released to the press "Dow up, FED funding, 9900 bottom -> expected. pro."

I feel relief.
  • #24,646
  • Aug 15, 2007 9:28am Aug 15, 2007 9:28am
Quoting bravado
you still short pino2?
No my last sell trade @ 1.9935 reached SL @ BE again for the 3rd time today, now I don't have any open trades
  • #24,647
  • Aug 15, 2007 9:29am Aug 15, 2007 9:29am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
looked through my charts, i think this is just an overdue reset of the down trend, we have fallen so far and so fast that it now needs to take another gulp of air before the final decent to it's lower trendline. strange thing is, it happen to all five pairs that i am watching and all were overdue a reset.

just my 2pips worth.
  • #24,648
  • Aug 15, 2007 9:32am Aug 15, 2007 9:32am
Quoting cesarnc
From CNBC

(Aug 15) - Update 2 - Major Investment conglomerate Cha-Chin Corporation reporting sharply recover out of the mud his CEO bravado got the company into. The CEO released to the press "Dow up, FED funding, 9900 bottom -> expected. pro."

I feel relief.
currently up +80 pips. yes this is INCLUDING my other trades.

+84 on cable alone.

i am on the positive zone.
BAM BAM BOOM! -bravado
  • #24,649
  • Aug 15, 2007 9:34am Aug 15, 2007 9:34am
this could be a bull trap or bear hunting..

who here thinks i should grab my pips and run?
BAM BAM BOOM! -bravado
  • #24,650
  • Aug 15, 2007 9:36am Aug 15, 2007 9:36am
Daily candle turns bullish at 9954. close above sets a reversal pattern...

9hr 30 min to go LOL
  • #24,651
  • Aug 15, 2007 9:37am Aug 15, 2007 9:37am
Quoting cesarnc
Daily candle turns bullish at 9954. close above sets a reversal pattern...

9hr 30 min to go LOL
that's too long. you think i should grab and run now??

i've seen bull traps & bear huntings like this where it turns sharply and down goes cable another 100 pips.
BAM BAM BOOM! -bravado
  • #24,652
  • Aug 15, 2007 9:38am Aug 15, 2007 9:38am
Quoting bravado
this could be a bull trap or bear hunting..

who here thinks i should grab my pips and run?
Chickens have no SPOT in this market...

http://media.funny.co.uk/files/2725.jpg
  • #24,653
  • Aug 15, 2007 9:39am Aug 15, 2007 9:39am
Quoting bravado
who here thinks i should grab my pips and run?
Considering that the reason of this rise is a first attempt at the weekly/daily trend line. Considering that UJ is also rising after a first shy attempt at the 100 monthly EMA.

I would cash in.

You can always go long again after a retest to near prices. Without higher low, no resume...

What do i know...? You are the Pro.
  • #24,654
  • Aug 15, 2007 9:39am Aug 15, 2007 9:39am
I had long orders @ 1.99600 and SLs for my shorts,

just missed by 2 pips

phewwwwwww
.
  • #24,655
  • Aug 15, 2007 9:41am Aug 15, 2007 9:41am
Quoting cesarnc
Daily candle turns bullish at 9954. close above sets a reversal pattern...

9hr 30 min to go LOL
Hi guys, bullish indeed! Lots of action going on right nw and my H4 shows immortal bulls fighting the US news figures. From my experience the strong news that gets released first is always of greater impact than anything that follows in the same day.

Bought GJ and GU 10 minutes ago, great week so far, very busy finding a new place to stay, almost no time to trade, miss you all, calm your darn latin blood cesar, well done bravado, good luck all.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #24,656
  • Aug 15, 2007 9:42am Aug 15, 2007 9:42am
Out completely now, will go long 1.9985 if we get there
E/U at BE now, U/C +10 -35 on G/U today
  • #24,657
  • Aug 15, 2007 9:43am Aug 15, 2007 9:43am
i am in the negative zone again.

i was too late with my 'take profit' button..
BAM BAM BOOM! -bravado
  • #24,658
  • Aug 15, 2007 9:44am Aug 15, 2007 9:44am
Quoting bravado
this could be a bull trap or bear hunting..

who here thinks i should grab my pips and run?
We moved 90 pips in 60 minutes (daily ATR was 100 pips for quite a while).

What do you think would make sense when you see +80 appear within a few minutes?
Or to paraphrase - in this environment I'm grateful for any +80 or +100 showing ;p

Highly curious to see today's close =)
Trust price. Know yourself.
  • #24,659
  • Aug 15, 2007 9:44am Aug 15, 2007 9:44am
Quoting SunTrader
I better watch out, he might hit with his pink teddie.

And what is he doing with his right hand?
This is very heavy... I had to go out of the office for ten minutes because I could not stop laughing ....
.
  • #24,660
  • Aug 15, 2007 9:45am Aug 15, 2007 9:45am
Quoting Plutonite
..well done bravado, good luck all.
well at least i'm up +49 on cable..
BAM BAM BOOM! -bravado
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