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Cable Update (GBPUSD)

  • #26,421
  • Aug 23, 2007 5:11am Aug 23, 2007 5:11am
WTF I have placed long orders last night and I have just opened my trading platform and saw what I saw... Well I will bail out here some of my positions I think... HAPPY THURSDAY
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  • #26,422
  • Aug 23, 2007 5:13am Aug 23, 2007 5:13am
Loss 38pips, won 90...thats enuff for today. Happy trading everyone.
"TRUST YOUR FEELING" "TREND IS NOT ALWAYS YOUR FRIEND"
  • #26,423
  • Aug 23, 2007 5:15am Aug 23, 2007 5:15am
send her victorious !
happy and glorious !
god save liz and all her nasty little corgis !

2.0052

now then you chart wallopers - what do you make of that !!!!

2.0500 in the BAG !
  • #26,424
  • Aug 23, 2007 5:26am Aug 23, 2007 5:26am
Euro looks set to spook some fellas at 3600. I'm making my mind about my trades after checking how euro will trade this area... Takeout or rejection....
  • #26,425
  • Aug 23, 2007 5:34am Aug 23, 2007 5:34am
Quoting cesarnc
Euro looks set to spook some fellas at 3600. I'm making my mind about my trades after checking how euro will trade this area... Takeout or rejection....
yes the euro is the 'sub prime borrower' in the wood pile ....

gbp wont get far from here without its tanker plane following up
  • #26,426
  • Aug 23, 2007 5:38am Aug 23, 2007 5:38am
Quote
In weeks like this one, cable usually ends at its highs. Some profit taking on Monday only.... You know, keeping higher yields thoughout the weekend....

you sound right, other way would be that I'll employ all of my energy and 6th sense with the london session starting tomorrow and probably hedge and thus lock my profits if things get awry or just let things roll.

Quote
Euro looks set to spook some fellas at 3600. I'm making my mind about my trades after checking how euro will trade this area... Takeout or rejection....

yea, I'm long here too but not much yield yet when I compare it with cable. Yet I see no harm in carrying these positions further, hope some luck.
Hello World!
  • #26,427
  • Aug 23, 2007 5:38am Aug 23, 2007 5:38am
Quoting allserene
yes the euro is the 'sub prime borrower' in the wood pile ....

gbp wont get far from here without its tanker plane following up
Cable and euro too strong and too close of a big figure not to check the temperature up there....

It is in crazy days like this one that we must boost the profits until the last drop. Coz the boring days will come sometime....
  • #26,428
  • Aug 23, 2007 5:49am Aug 23, 2007 5:49am
I dont like it...
Attached Image (click to enlarge)
Click to Enlarge Name: gu9.jpg Size: 46 KB
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  • #26,429
  • Aug 23, 2007 5:52am Aug 23, 2007 5:52am
Quoting cesarnc
Cable and euro too strong and too close of a big figure not to check the temperature up there....

It is in crazy days like this one that we must boost the profits until the last drop. Coz the boring days will come sometime....
yep looking for a short lift to 1.3605 on euro - and i am aching to short the DOW but the realisation that the fed is NOT going to cut will be sudden and I might not be in there...if it goes to 13,400 and then goes wobbly, i wont be able to resist and will have to take small losses before the payoff
  • #26,430
  • Aug 23, 2007 6:04am Aug 23, 2007 6:04am
Quoting allserene
yep looking for a short lift to 1.3605 on euro - and i am aching to short the DOW but the realisation that the fed is NOT going to cut will be sudden and I might not be in there...if it goes to 13,400 and then goes wobbly, i wont be able to resist and will have to take small losses before the payoff
Why not long dow as 13,100s was strong resistance, now expected support? I mean, why take the worse r:r ratio instead of the better?

Just my 2 pips...

Dow futures poiting +85 at open already...
  • #26,431
  • Aug 23, 2007 6:13am Aug 23, 2007 6:13am
That was nice rally for Pound. 2.0100 will touch today.
  • #26,432
  • Aug 23, 2007 6:14am Aug 23, 2007 6:14am
I go short cz everyone is long now
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  • #26,433
  • Aug 23, 2007 6:17am Aug 23, 2007 6:17am
Quote
I go short cz everyone is long now

I had this feeling about your intentions from your chart, good luck dude :-)
Hello World!
  • #26,434
  • Aug 23, 2007 6:21am Aug 23, 2007 6:21am
Quoting bullrock
I go short cz everyone is long now
AWESOME!!!!!

We need some stops to run at 0100!!!!! The only way to go up from here....

  • #26,435
  • Aug 23, 2007 6:24am Aug 23, 2007 6:24am
Quoting ClockTrader
I had this feeling about your intentions from your chart, good luck dude :-)
I wait till it hits 2.0174 or smilar level
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  • #26,436
  • Aug 23, 2007 6:26am Aug 23, 2007 6:26am
Bank of America stuffing $2bln into Countrywide. Chatter missed the saint, but called the miracle. Buffet was said to be the buyer yesterday.

This is a major news reflecting that risk aversion is waning.
  • #26,437
  • Aug 23, 2007 6:30am Aug 23, 2007 6:30am
go euro, go...i wona see 1.3666 today!
dow 13.466 today,
china stocks + 5% today,
go china go go, go euro go go...
its just money
  • #26,438
  • Aug 23, 2007 6:42am Aug 23, 2007 6:42am
Lost momentum ... the bulls ...
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  • #26,439
  • Aug 23, 2007 6:47am Aug 23, 2007 6:47am
GU will going up...daily chart MACD just around the corner to cross each other
  • #26,440
  • Aug 23, 2007 6:52am Aug 23, 2007 6:52am
The bulls are loosing momentum 2.01 is strong and that is that....
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