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Cable Update (GBPUSD)

  • #26,681
  • Aug 24, 2007 7:17am Aug 24, 2007 7:17am
Quoting cesarnc
Today?
had to leave myself some time margin - Hillary is one formidable broad !
Never mind guantanamo - if she appeared in her corsets I would tell em anything ! - come on 2.0130 !
  • #26,682
  • Aug 24, 2007 7:19am Aug 24, 2007 7:19am
Quote
any short gbp/usd??

If I wanted to trade today, I would still go this direction :-)
Hello World!
  • #26,683
  • Aug 24, 2007 7:19am Aug 24, 2007 7:19am
simple chart price has bounced off support producing a higher low if it breaks thru there should stop at at the trend line below if she fails to break lower a higher high should be produced. strong pin bar ta boot
Attached Image (click to enlarge)
Click to Enlarge Name: friday long11800 3450 999299simple.jpg Size: 38 KB
  • #26,684
  • Aug 24, 2007 7:20am Aug 24, 2007 7:20am
Quoting pino2
I totally respect you
Likewise.....


I'm just kidding... This Friday is so boring so far...
  • #26,685
  • Aug 24, 2007 7:20am Aug 24, 2007 7:20am
My 4 long trades are still running
1.9870
1.9904
2.0030
2.0040
and I'm still not comfortable, unless cable breaks 2.0073
  • #26,686
  • Aug 24, 2007 7:23am Aug 24, 2007 7:23am
Quoting Turtle
I'm not trying to "guess".....this market is all about "speculation"....which just means that you can't only use one tool in your toolbox with forex in order to be successful.......
I do not know... I am happy with my
NIL news + 20% methodology + 80% money/position management
and the
20% methodology is 90% exit + 10% entry + NIL indicators
stuff
.
  • #26,687
  • Aug 24, 2007 7:24am Aug 24, 2007 7:24am
once 2.0060 is taking out i see a move to 2.0140 today!!!!!!
  • #26,688
  • Aug 24, 2007 7:24am Aug 24, 2007 7:24am
This is my last trading day and then its off to Croatia and Italy for two weeks. Going to leave my longs open with a tight SL. Will try to check in from time to time just to make sure this ship dosnt go down. Of course if it goes down today then I am out and just wont trade for the next two weeks.
But I think it will continue up and make me alot of pips while I chill on the beach drinking margaritas, man this is hard work, but somebody has to work hard and earn money while I go on vacation and that sombody is cable and EU



NOW QUIT STANDING AROUND AND GET BACK TO WORK!!!!!!
OR YOUR FIRED!!!!!!
Just Trade It
  • #26,689
  • Aug 24, 2007 7:25am Aug 24, 2007 7:25am
huh.....
Attached Image
For he that would be deceived, let him.
  • #26,690
  • Aug 24, 2007 7:25am Aug 24, 2007 7:25am
The only thing is that when news are coming out I either close my positions or tighten my stops... that is the only effect... but in no other way has effects on my decision. If I could I would close Bloomber, CNBC and all that stuff but "by design" they are shouting off my screen and off the wall.
.
  • #26,691
  • Aug 24, 2007 7:26am Aug 24, 2007 7:26am
It is this swiss about to repot transmission failure at 1.2 that is calling my attention today. And Euro cracking 1.36... Some broad USD long covering hit the market this morning. A Friday... This means something...
  • #26,692
  • Aug 24, 2007 7:27am Aug 24, 2007 7:27am
Quoting chimex
once 2.0060 is taking out i see a move to 2.0140 today!!!!!!
By the way... the GU is BEHIND of EUR of about 150 pips... Just a NOTE
.
  • #26,693
  • Aug 24, 2007 7:34am Aug 24, 2007 7:34am
those durexable goods orders are huge - only m/m but will it move cable ?

just skipped out for a few minutes in case
  • #26,694
  • Aug 24, 2007 7:38am Aug 24, 2007 7:38am
Dow futures keeps going up. Is market discounting a good data on new home sales....
Johann Channels and cycles are everything
  • #26,695
  • Aug 24, 2007 7:39am Aug 24, 2007 7:39am
yesssssssssssssss, I hope now it can go up more further, after breaking 2.0073, now 2.0089 next key
  • #26,696
  • Aug 24, 2007 7:45am Aug 24, 2007 7:45am
Quoting allserene
those durexable goods orders are huge - only m/m but will it move cable ?

just skipped out for a few minutes in case
My leg moves the cable beneath my desk... Otherwise the cable is moved by supply and demand.
.
  • #26,697
  • Aug 24, 2007 7:50am Aug 24, 2007 7:50am
Now I need a break of 2.0089 and an hourly close above this figure
  • #26,698
  • Aug 24, 2007 7:54am Aug 24, 2007 7:54am
Very little movement in the Dow futures before NY open.
  • #26,699
  • Aug 24, 2007 7:54am Aug 24, 2007 7:54am
Quoting chimex
once 2.0060 is taking out i see a move to 2.0140 today!!!!!!
agree with you, i was eyeing that level all day today. That said it will also depend on new house sales but seeing that cable ignored good news on durable goods i see 0140 is the next stop today
  • #26,700
  • Aug 24, 2007 7:55am Aug 24, 2007 7:55am
Quoting pino2
Now I need a break of 2.0089 and an hourly close above this figure
Looks like your wish is coming true.......
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