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Cable Update (GBPUSD)

  • #25,061
  • Aug 16, 2007 8:41am Aug 16, 2007 8:41am
Quoting SunTrader
OK put up a weekly chart, monthly even yearly but what is everybody trading - what happened the last few days or a week or two. Who here holds for longer than a day or two, at most?

So why the emphasis on what happened months ago. How much more further down does cable have to go to change minds?
Sometimes I am holding for weeks... But the mojority of my trades cover a week...
.
  • #25,062
  • Aug 16, 2007 8:41am Aug 16, 2007 8:41am
Quoting bullrock
Live dangeorously.... ( I cannot write this word )

Haha that's the correct spelling,

bullrock i wuv you.
  • #25,063
  • Aug 16, 2007 8:41am Aug 16, 2007 8:41am
Quoting Tragapips
Cesarnc

If you have problems with Alpari; Windsor direct has dow too.

BTW this is not looking good.
Sorry

Is Dow Sep but I think this chart can help anyway...
Johann Channels and cycles are everything
  • #25,064
  • Aug 16, 2007 8:43am Aug 16, 2007 8:43am
Quoting cesarnc
Ding Ding Ding

http://smilies.vidahost.com/otn/glasses/ylsuper.gif

Ago 16 Soundtrack
1. Goodbye blue skies - Pinky Floyd
2. Don't let me down - The Beatles
3. Like a Rolling Stone - Bod Dylan
4. So far away - Dire Straights
5. Wonderwall - Oasis
some good list.
might want to add some ad/f*cking/dc, sound garden, metallica and some gun's and roses.
BAM BAM BOOM! -bravado
  • #25,065
  • Aug 16, 2007 8:44am Aug 16, 2007 8:44am
Quoting SunTrader
OK put up a weekly chart, monthly even yearly

How much more further down does cable have to go to change minds?
Will try to illustrate below

Quote
So why the emphasis on what happened months ago.

Because the past tells the future.

--

I think this may change, but right now TREND is up, DIRECTION is down.

Levels / confirmations / change as per chart / count.


People just keep abusing the word trend imho...or possibly just think in different terms/timeframes than me.
Attached Image
Trust price. Know yourself.
  • #25,066
  • Aug 16, 2007 8:48am Aug 16, 2007 8:48am
My view is that G/u doesnt like doing any weekly ranges higher than this very often, regardless of any unwinding.
  • #25,067
  • Aug 16, 2007 8:48am Aug 16, 2007 8:48am
Quoting bravado
recovered loss from yesterday.
You have LOSSES!?!?!?!?!

My world is in shambles. Who's there left to look up to now!?
Trust price. Know yourself.
  • #25,068
  • Aug 16, 2007 8:52am Aug 16, 2007 8:52am
Quoting bobblong
My view is that G/u doesnt like doing any weekly ranges higher than this very often, regardless of any unwinding.
True...
.
  • #25,069
  • Aug 16, 2007 8:54am Aug 16, 2007 8:54am
Quoting bravado
some good list.
might want to add some ad/f*cking/dc, sound garden, metallica and some gun's and roses.
Dow -200 and we're having Ozzy, too.
  • #25,070
  • Aug 16, 2007 8:59am Aug 16, 2007 8:59am
And the past (from 7/24/07) doesn't tell the future?
  • #25,071
  • Aug 16, 2007 8:59am Aug 16, 2007 8:59am
I bought GU. Now I shut down my charts, this forum and go to the pub... Get drunk and then do a trade in dellirium tremens...
.
  • #25,072
  • Aug 16, 2007 9:03am Aug 16, 2007 9:03am
Quoting cesarnc
Dow -200 and we're having Ozzy, too.
Guess Cramer is with you guys!!!!!!
Attached Image
For he that would be deceived, let him.
  • #25,073
  • Aug 16, 2007 9:04am Aug 16, 2007 9:04am
Quoting SunTrader
And the past (from 7/24/07) doesn't tell the future?
Past doesn't tell the future but the future explains the past...
.
  • #25,074
  • Aug 16, 2007 9:06am Aug 16, 2007 9:06am
Median Weekly Range of Motion for GBP/USD
-------------------------------------------

2000 : 302 Pips

2001 : 265

2002 : 200

2003 : 300

2004 : 373

2005 : 300

2006 : 296

2007(upto 31/7/07) : 230
  • #25,075
  • Aug 16, 2007 9:08am Aug 16, 2007 9:08am
looks like a good time to short GJ lets hope its another 300 piper.
Just Trade It
  • #25,076
  • Aug 16, 2007 9:09am Aug 16, 2007 9:09am
Tech freaks in New York too


If this one goes, oh boy, if this one goes... Pubs will be better off increasing inventory today...
Attached Image
  • #25,077
  • Aug 16, 2007 9:13am Aug 16, 2007 9:13am
Quoting cesarnc
Tech freaks in New York too


If this one goes, oh boy, if this one goes... Pubs will be better off increasing inventory today...
Past the red line...... THE ABYSS !!!!!!!!!!!!!
For he that would be deceived, let him.
  • #25,078
  • Aug 16, 2007 9:13am Aug 16, 2007 9:13am
Quoting cesarnc
Tech freaks in New York too


If this one goes, oh boy, if this one goes... Pubs will be better off increasing inventory today...
Let it go... Dow will be 10 000 sooner than we all expected...
.
  • #25,079
  • Aug 16, 2007 9:13am Aug 16, 2007 9:13am
Quoting cesarnc
Ding Ding Ding

http://www.inetours.com/New_York/Ima...ock-n-Roll.jpg

Ago 16 Soundtrack
1. Goodbye blue skies - Pinky Floyd
2. Don't let me down - The Beatles
3. Like a Rolling Stone - Bod Dylan
4. So far away - Dire Straights
5. Wonderwall - Oasis
Would like to add
Barclay James Harvest
Alloy
The doors (Jim Morrison)
The Moody Blues
  • #25,080
  • Aug 16, 2007 9:16am Aug 16, 2007 9:16am
Time to go eat some juicy fat steak

with fries
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