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Cable Update (GBPUSD)

  • #24,761
  • Aug 15, 2007 1:32pm Aug 15, 2007 1:32pm
Quoting holland_j
damn thing cant break past 9960

i'm shorting to 1.9750 from 1.9950.

is it a good position or bad one
  • #24,762
  • Aug 15, 2007 1:37pm Aug 15, 2007 1:37pm
you might be able to scalp on the yo-yo action.

But im hoping for a break of 9960 to 2.0000
  • #24,763
  • Aug 15, 2007 1:38pm Aug 15, 2007 1:38pm
DOW is close to 13000 again....will it fall in the last hour?????
  • #24,764
  • Aug 15, 2007 1:38pm Aug 15, 2007 1:38pm
Quoting Turtle
Funny how the pound has been up and down and all over today....while the euro seems to be stuck and slowly going down????
Attached Image (click to enlarge)
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BAM BAM BOOM! -bravado
  • #24,765
  • Aug 15, 2007 1:39pm Aug 15, 2007 1:39pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
Not a perfect tweezer top on the 30min. But it might be close enough.
And this means what?? please enlighten me, so much tech stuff to learn.

regards

MPP
  • #24,766
  • Aug 15, 2007 1:40pm Aug 15, 2007 1:40pm
Quoting bravado
Attachment
ahhh...another classic from bravado......
  • #24,767
  • Aug 15, 2007 1:42pm Aug 15, 2007 1:42pm
Quoting Turtle
DOW is close to 13000 again....will it fall in the last hour?????
The last hour is the tough one. The last 5 minutes, hell, last minute devil himself to "ding ding ding"....
  • #24,768
  • Aug 15, 2007 1:45pm Aug 15, 2007 1:45pm
Quoting cesarnc
The last hour is the tough one. The last 5 minutes, hell, last minute devil himself to "ding ding ding"....
I have even seen a couple of minutes after.....

So hold on....it could get rocky once again...
  • #24,769
  • Aug 15, 2007 1:47pm Aug 15, 2007 1:47pm
Quoting Turtle
I have even seen a couple of minutes after.....

So hold on....it could get rocky once again...
By the move in the market, sure thing there are guys feeling that 2015 will come sooner than today's 4pm

  • #24,770
  • Aug 15, 2007 1:50pm Aug 15, 2007 1:50pm
DOW just took out 13000...look out
  • #24,771
  • Aug 15, 2007 1:53pm Aug 15, 2007 1:53pm
Quoting MPP
And this means what?? please enlighten me, so much tech stuff to learn.

regards

MPP

A tweezer top is when the price makes a high, then goes down then comes back up to the previous high within a couple of pips. This signals that the bulls failed to make a new high and calls for a reversal.
Same in bear market only its called tweezer bottom.


Example.
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Just Trade It
  • #24,772
  • Aug 15, 2007 1:56pm Aug 15, 2007 1:56pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
A tweezer top is when the price makes a high, then goes down then comes back up to the previous high within a couple of pips. This signals that the bulls failed to make a new high and calls for a reversal.
Same in bear market only its called tweezer bottom.


Example.
Many thanks, i can see that on the GU chart
regards

MPP
  • #24,773
  • Aug 15, 2007 2:03pm Aug 15, 2007 2:03pm
Forget about it... Damn day to trade...

http://albums.mouseplanet.com/WDWAKE...oken_track.jpg

I jumped out of my cable longs. Green... Not GREEEEEENNNN, but green.
  • #24,774
  • Aug 15, 2007 2:05pm Aug 15, 2007 2:05pm
Cause and effect or just my selective post memory?

Quoting cesarnc
Didn't try naked yet. Gonna try it and will post a picture, no problem..
Quoting bravado
i sense panic at the market
Cable is my sugardaddy
  • #24,775
  • Aug 15, 2007 2:07pm Aug 15, 2007 2:07pm
Quoting bohogirl
Cause and effect or just my selective post memory?
LOL

BTW, Brazilian Bovespa cracking the 50,000 big figure... This figure was cover of magazines here on the way up. Sure thing it will be again.
  • #24,776
  • Aug 15, 2007 2:11pm Aug 15, 2007 2:11pm
Down for the count (Update 3) http://forum.gtarena.net/images/smilies/smiley_rock.gif

" Aug. 15 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, fell for the fifth consecutive day on the New York Stock Exchange after Merrill Lynch & Co. raised the possibility of bankruptcy."
  • #24,777
  • Aug 15, 2007 2:16pm Aug 15, 2007 2:16pm
Quoting cesarnc
Down for the count (Update 3) http://forum.gtarena.net/images/smilies/smiley_rock.gif

" Aug. 15 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, fell for the fifth consecutive day on the New York Stock Exchange after Merrill Lynch & Co. raised the possibility of bankruptcy."
That may explain the (excuse my french) sh!te we are seeing on the USDJPY and therefore GBPJPY charts now. I'm still holding though, give it 4-8 hours, if it holds then hello tokyo.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #24,778
  • Aug 15, 2007 2:20pm Aug 15, 2007 2:20pm
Quoting Plutonite
That may explain the (excuse my french) sh!te we are seeing on the USDJPY and therefore GBPJPY charts now. I'm still holding though, give it 4-8 hours, if it holds then hello tokyo.
Dow Jones -100, deteriorating and accelerating. 13,000 going down. not nurturing hopes for a bottom picking enough to bring it back flat today...
  • #24,779
  • Aug 15, 2007 2:21pm Aug 15, 2007 2:21pm
meanwhile...Reports of earthquake in Tokyo - reporterd by locals.
5,3 on Richter scale.
its just money
  • #24,780
  • Aug 15, 2007 2:22pm Aug 15, 2007 2:22pm
Quoting cesarnc
Down for the count (Update 3) http://forum.gtarena.net/images/smilies/smiley_rock.gif

" Aug. 15 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, fell for the fifth consecutive day on the New York Stock Exchange after Merrill Lynch & Co. raised the possibility of bankruptcy."
You asked for two sub-prime meltdowns this morning, so you only got one.

Not bad though....
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