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Cable Update (GBPUSD)

  • #25,741
  • Aug 20, 2007 1:33pm Aug 20, 2007 1:33pm
Quoting cesarnc
I have no idea what's going on now, but I like it
YOU HAVE NO IDEA WHAT IS GOING OUT THERE!!! NO IDEA!!!
  • #25,742
  • Aug 20, 2007 1:35pm Aug 20, 2007 1:35pm
literally whats going on?
give me my pips back...
  • #25,743
  • Aug 20, 2007 1:36pm Aug 20, 2007 1:36pm
I have no idea what was going up today, I mentioned before that Monday is the key of the week most of the time, but today it didn't give me any signs yet what to do next, I hate to start a week this way
  • #25,744
  • Aug 20, 2007 1:38pm Aug 20, 2007 1:38pm
Quoting cesarnc

Top of the hour pressure at 13,000. I wait for the late bulls by 15pm or call it a day with what I have atm.

Chess game today.
Who's your daddy?

Quote
A broad calling for doomsday is popping in all threads here. When this happens, the safe place is out, the second best is trade the opposite.
Who's your daddy?

Quote
I've seen this dow jones putting +100 after a -100 day in a normal day. 13,000 still holding has the power of calling buyers in later on.
Today put -90 and it's heading back to flat. Now tell me this. Don't be afraid..

Who's your daddy?

  • #25,745
  • Aug 20, 2007 1:52pm Aug 20, 2007 1:52pm
good calls cesar

but i am worried about the 9888 fib level right now... and the median of my downtrend line...
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 67 KB
give me my pips back...
  • #25,746
  • Aug 20, 2007 1:55pm Aug 20, 2007 1:55pm
CAble Euro and UJ (GJ in extension) are to push a false breakout here... If that happens, those MOTHERTRUCKERS are going to explode to the other side...

But I'm cautious below 9900 to add.

Where is bravado? Soon he will come with his 15,000 pips in the bank crap....
  • #25,747
  • Aug 20, 2007 1:57pm Aug 20, 2007 1:57pm
Quoting deboooo2005
hi alll

i go risk long 1.9830 with tight stop

i close the position @1.9872 .... risk trade different than gambling
  • #25,748
  • Aug 20, 2007 1:58pm Aug 20, 2007 1:58pm
Quoting cesarnc
CAble Euro and UJ (GJ in extension) are to push a false breakout here... If that happens, those MOTHERTRUCKERS are going to explode to the other side...

But I'm cautions below 9900 to add.
u mean a chance to go south for all those pairs???
prrrrr....
I was never this much nervous and did not know whats going on in Forex even in the release for NFP, or CPI, PPI data releases.

I hate you Monday the 20th.

btw DJ is +7
give me my pips back...
  • #25,749
  • Aug 20, 2007 2:04pm Aug 20, 2007 2:04pm
Quoting Lincoln_10
u mean a chance to go south for all those pairs???
prrrrr....
I was never this much nervous and did not know whats going on in Forex even in the release for NFP, or CPI, PPI data releases.

I hate you Monday the 20th.

btw DJ is +7
Calm down man, getting nervous just leaves your eyes blurred. If you're holding that long 9845 keep it and lock B/E this time.

Dow is in positive area now and last hour is the key. It's getting momentum to go north, but I don't have any info on why this turnaround, so a last minute selloff is still on the cards until further clue.
  • #25,750
  • Aug 20, 2007 2:07pm Aug 20, 2007 2:07pm
matter of fact i am still holding my long position.. was scared when it went down...

I am just also angry that a strategy that I am testing gave me a sell signal.. thanx god i played it in my demo account...
pewww...

I am going to hire a personal psychic... literally...
give me my pips back...
  • #25,751
  • Aug 20, 2007 2:10pm Aug 20, 2007 2:10pm
Last couple of days have been wild.........

The question is...when will it end????? And what is up in the UK???? News reports say they don't look to good either, but I haven't seen any sign yet..
  • #25,752
  • Aug 20, 2007 2:11pm Aug 20, 2007 2:11pm
buy pressure....
.
  • #25,753
  • Aug 20, 2007 2:11pm Aug 20, 2007 2:11pm
wow

dow is 13123 with 44 points of change...
very interesting. I am anxious to read the recap of the American session when it is closed.
give me my pips back...
  • #25,754
  • Aug 20, 2007 2:12pm Aug 20, 2007 2:12pm
Quoting cesarnc
CAble Euro and UJ (GJ in extension) are to push a false breakout here... If that happens, those MOTHERTRUCKERS are going to explode to the other side...

But I'm cautious below 9900 to add.

Where is bravado? Soon he will come with his 15,000 pips in the bank crap....
  • #25,755
  • Aug 20, 2007 2:15pm Aug 20, 2007 2:15pm
Quoting SunTrader
.
  • #25,756
  • Aug 20, 2007 2:15pm Aug 20, 2007 2:15pm
Remember Dow has strong resistance level of 13200. Might not get there today but watch tomorrow.

48 points away right now. Don't blink.
  • #25,757
  • Aug 20, 2007 2:16pm Aug 20, 2007 2:16pm
i also wonder the asian session's response to Dow's last hour bullish run.
give me my pips back...
  • #25,758
  • Aug 20, 2007 2:22pm Aug 20, 2007 2:22pm
hi all

i think cable tommorow will face sell pressure .... i find some signs in 4 hour chart ... anone with me in this
  • #25,759
  • Aug 20, 2007 2:23pm Aug 20, 2007 2:23pm
[BRIEFING.COM] Stocks are making fresh session lows as selling remains widespread across most areas. Bonds, though, continue to attract buyers across the curve as the rotation out of equities into the safest of investment havens intensifies following a very strong bond auction. The Treasury recently sold $21 bln of 3-month bills at a stop-out rate of 2.85%.

Concerns of a widening credit crunch leaves the Financial sector down more than 2.0% on the day and had already sparked a flight-to-quality bid in the 3-month Treasury bill that pushed its yield down more than 100 basis points to a 2005 lows below 2.60%. That's the biggest one-day move in more than 20 years as fed funds futures not just price in the likelihood of a Fed rate cut next month, but now lean toward as much as a 50 basis point cut at the September 18 FOMC meeting.
  • #25,760
  • Aug 20, 2007 2:25pm Aug 20, 2007 2:25pm
Quoting deboooo2005
hi all

i think cable tommorow will face sell pressure .... i find some signs in 4 hour chart ... anone with me in this
9888 or 9900 must hold for that

the momentum so far seems to be pushing cable even northern... Although the medium term downtrend is still intact, the short term uptrend seems to be stronger and more valid...
give me my pips back...
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