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Cable Update (GBPUSD)

  • #24,661
  • Aug 15, 2007 9:46am Aug 15, 2007 9:46am
Quoting Plutonite
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.
Wait till the end of the day... My little advice.
.
  • #24,662
  • Aug 15, 2007 9:48am Aug 15, 2007 9:48am
FED put $7bln.

Found the "SEND" button Bernanke? Yeah... Easy, huh?
  • #24,663
  • Aug 15, 2007 9:48am Aug 15, 2007 9:48am
Quoting SeekingLight
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?
take my profit and run?

but it's too late for me now.. i hesitated.
i could've had it all. but i couldn't press the take profit button fast enough.
BAM BAM BOOM! -bravado
  • #24,664
  • Aug 15, 2007 9:49am Aug 15, 2007 9:49am
Couldnt stay on that bull could you. Time to add more shorts

http://www.longhornrodeo.com/images/bull-jump-web.jpg
Just Trade It
  • #24,665
  • Aug 15, 2007 9:51am Aug 15, 2007 9:51am
happy good trading today....
bagged my +89 pips ...
quit for now and it is time to grab johnnie now....
i think i must know my limit...
or the "greedy bastard" part will eat back my pips...
To be or not to be, that's the question
  • #24,666
  • Aug 15, 2007 9:52am Aug 15, 2007 9:52am
Quoting Warper
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.
now you tell me. that's great. after 1 hour of me asking the question.
you are telling me now is what it is. well it's too late now.
BAM BAM BOOM! -bravado
  • #24,667
  • Aug 15, 2007 9:52am Aug 15, 2007 9:52am
Quoting SunTrader
DOW was +50 but not for long.
i got out at 13065 when it banged its head on the line 7 times...

it eventually staggered through all bruised...

i saw it go over 13100 and said good luck

come on euro - give cable a push to 2.0000
  • #24,668
  • Aug 15, 2007 9:53am Aug 15, 2007 9:53am
Cesar,

So is this what you are doing with all your pips. Buying some stock? +31% this year.

Aug. 14 (Bloomberg) -- Banco do Brasil SA, Latin America's largest bank, said second-quarter profit more than doubled as record low interest rates and high crop prices propelled borrowing by consumers and farmers.

Sun
  • #24,669
  • Aug 15, 2007 9:55am Aug 15, 2007 9:55am
Quoting bravado
now you tell me. that's great. after 1 hour of me asking the question.
you are telling me now is what it is. well it's too late now.

I think Bravado has a secret blueprint showing a retest of 2.0 and is just pretending today
Trust price. Know yourself.
  • #24,670
  • Aug 15, 2007 9:55am Aug 15, 2007 9:55am
Quoting Big Wave Rider
Couldnt stay on that bull could you. Time to add more shorts

Actually I think it will retrace a little and THEN load up on shorts
Just Trade It
  • #24,671
  • Aug 15, 2007 9:56am Aug 15, 2007 9:56am
Quoting bullrock
Wait till the end of the day... My little advice.
Actually if the next 2 H4 act in my favor then my target will almost be reached, I don't want to miss out on the action while I'm here and I have already waited past the customary 30 min news relaxation time

I am of the view that cable's general direction of travel is downwards since the collapse 2 weeks ago (and the reassurances of US economy strength). Risky trades, therefore, but the stars..they are never wrong
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #24,672
  • Aug 15, 2007 9:58am Aug 15, 2007 9:58am
Quoting SunTrader
Cesar,

So is this what you are doing with all your pips. Buying some stock? +31% this year.

Aug. 14 (Bloomberg) -- Banco do Brasil SA, Latin America's largest bank, said second-quarter profit more than doubled as record low interest rates and high crop prices propelled borrowing by consumers and farmers.

Sun
LOL

HUGE Interest Rate here for a long time, what did you expect? LOL...
  • #24,673
  • Aug 15, 2007 10:00am Aug 15, 2007 10:00am
Quoting bullrock
This is very heavy... I had to go out of the office for ten minutes because I could not stop laughing ....
Yeah i'm crying lool.

Yeah, im really that 2 year old baby, i am petting "him", i'm being punched.. and i am a girl.

Difference to reality?

I have the double of his size, half of his age, 10 thousand times his learning speed, and i do in one day what he can't do in a year.

... reality is the best joke
  • #24,674
  • Aug 15, 2007 10:00am Aug 15, 2007 10:00am
Quoting Plutonite
I am of the view that cable's general direction of travel is downwards ...

...the stars..they are never wrong

*frantically starts to look for long setups*
Trust price. Know yourself.
  • #24,675
  • Aug 15, 2007 10:03am Aug 15, 2007 10:03am
Quoting Plutonite
Actually if the next 2 H4 act in my favor then my target will almost be reached, I don't want to miss out on the action while I'm here and I have already waited past the customary 30 min news relaxation time

I am of the view that cable's general direction of travel is downwards since the collapse 2 weeks ago (and the reassurances of US economy strength). Risky trades, therefore, but the stars..they are never wrong
Great... As you can now I am long term chap... I am not trading of 5, 10, 15 30, 60, 120, 240, etc charts... Dailies and weeklies are my tools... I think this is just a liitle stop. and the break last night/today morning is significant... I still think that we should see the lower end of the 1.9 figure in the coming weeks...

Have a nice trading

ps.. When a fly flies away nearby and you feel it don't think it is a tornado that is coming....
.
  • #24,676
  • Aug 15, 2007 10:04am Aug 15, 2007 10:04am
Quoting bullrock
I still think that we should see the lower end of the 1.9 figure in the coming weeks...


*starts to search for long setups even more frantically*
Trust price. Know yourself.
  • #24,677
  • Aug 15, 2007 10:05am Aug 15, 2007 10:05am
Quoting bullrock
Great... As you can now I am long term chap... I am not trading of 5, 10, 15 30, 60, 120, 240, etc charts... Dailies and weeklies are my tools... I think this is just a liitle stop. and the break last night/today morning is significant... I still think that we should see the lower end of the 1.9 figure in the coming weeks...

Have a nice trading

ps.. When a fly flies away nearby and you feel it don't think it is a tornado that is coming....
I haven't said sooner than you expected It might jump back to retest 2.00 in between...
.
  • #24,678
  • Aug 15, 2007 10:07am Aug 15, 2007 10:07am
Quoting SeekingLight
*starts to search for long setups even more frantically*
What do you mean... This is just my opinion... But opinions have nothing to do with my trading whatsoever... I am following my models to the T.. NO MATTER WHAT... Opinion is for the forums... When I click the button for the order that is a different story....

Have a nice day
.
  • #24,679
  • Aug 15, 2007 10:08am Aug 15, 2007 10:08am
Don't worry, I've danced that dance many times, although you are skipping quite a lot of stable action by not loking at the H4 and hourly. Anyway, the bulls have started giving up and things are not looking beautiful right now. Thinking of closing, but waiting for the deadly h4 to hit me. Life is so hard.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #24,680
  • Aug 15, 2007 10:10am Aug 15, 2007 10:10am
Quoting bullrock
What do you mean... This is just my opinion... But opinions have nothing to do with my trading whatsoever...
They're an important indicator

The FF Forum indicator is never wrong. As soon as everyone is looking for < 1.9 it's time to go long, then once the shouts for 2.1 begin, it's time to look to short again....the only indicator that predicts the future



No offense to you or Pluto (actually the Planet for my star sign afaik).
Trust price. Know yourself.
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