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Cable Update (GBPUSD)

  • #26,981
  • Aug 27, 2007 6:58am Aug 27, 2007 6:58am
I still has no clear signs
  • #26,982
  • Aug 27, 2007 6:58am Aug 27, 2007 6:58am
I'm out, hope for good
Hello World!
  • #26,983
  • Aug 27, 2007 6:58am Aug 27, 2007 6:58am
Quoting hoezhiens
how it feels to trade fight against the trend?
So far so good
  • #26,984
  • Aug 27, 2007 7:05am Aug 27, 2007 7:05am
the cable just touch fibo line
  • #26,985
  • Aug 27, 2007 7:09am Aug 27, 2007 7:09am
which fibo line? mind to show us your chart?

Quoting deboooo2005
the cable just touch fibo line
"Invest With The Insiders, Not The Masses" George Muzea
  • #26,986
  • Aug 27, 2007 7:22am Aug 27, 2007 7:22am
Quoting Qu|cksilver
which fibo line? mind to show us your chart?
I'm running 9977-0191 and the big fall's

23% and 50% respectively lie at about 0140/50.

For immediate term I'm watching this lazy down channel in the 1hr + takeout of the 23% fib to travel to 38%, possibly to 50%.

Of course, upcoming data has all the power in the world to turn this upside down. In that case, I'm turning my trades upside down as well.
  • #26,987
  • Aug 27, 2007 7:23am Aug 27, 2007 7:23am
Quoting cesarnc
I'm running 9977-0191 and the big fall's

23% and 50% respectively lies at about 0140/50.

For immediate term I'm watching this lazy down channel in the 1hr + takeout of the 23% fib to travel to 38%, possibly to 50%.

Of course, upcoming data has all the power in the world to turn this upside down. In that case, I'm turning my trades upside down as well.
if existing home sales are less than expected
than doom day for DOW i suppose.
give me my pips back...
  • #26,988
  • Aug 27, 2007 7:23am Aug 27, 2007 7:23am
whoops i did it again - put my long sl right next to the support line



The evil cable hit it exactly and triggered it - I mean exactly to THE pip !

schweinhund !

Luckily I had just come back to the global operations centre (back bedroom) so i got back in long doubling the position (typical gambler) and made it all back and then skipped out at 154 staying out for now - so just watching it - I can't figure it so not going back in until my coffee goes cold at least...

this scalping stuff is no good - bets too low - so we need some life in this...

patience
  • #26,989
  • Aug 27, 2007 7:24am Aug 27, 2007 7:24am
cesarnc: good for you..

but i'm here watching cable slowly taking my pips away....
give it back to me!!!

now!
hhahahahhaa
To be or not to be, that's the question
  • #26,990
  • Aug 27, 2007 7:31am Aug 27, 2007 7:31am
Anyone knows something about this Trichet speech? I searched ECB's website, seems it won't be webcast

Edited: Got it. A Congress in Budapest, no webcast as it seems... That's bad
  • #26,991
  • Aug 27, 2007 7:49am Aug 27, 2007 7:49am
just take care it was testing
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  • #26,992
  • Aug 27, 2007 8:06am Aug 27, 2007 8:06am
Freaking artic is warmer than this market :
  • #26,993
  • Aug 27, 2007 8:15am Aug 27, 2007 8:15am
Quoting cesarnc
Patience.... paaaatiiiieennncee........

BTW, still short cable short euro short cad short, short china short Gisele Bunchen, short granny, I got'em all
Im surely going LONG on Gisele Bunchen :
  • #26,994
  • Aug 27, 2007 8:15am Aug 27, 2007 8:15am
Trichet or not it is BANKING HOLIDAY in the UK.
.
  • #26,995
  • Aug 27, 2007 8:16am Aug 27, 2007 8:16am
Quoting cesarnc
Patience.... paaaatiiiieennncee........

BTW, still short cable short euro short cad short, short china short Gisele Bunchen, short granny, I got'em all
I am short too as far as my long term stuff is concerned...
.
  • #26,996
  • Aug 27, 2007 8:18am Aug 27, 2007 8:18am
My "i know everything" mirror said long USDCHF today
.
  • #26,997
  • Aug 27, 2007 8:18am Aug 27, 2007 8:18am
Quoting dd33
Im surely going LONG on Gisele Bunchen :
She's at the top. Overbought.... No other way to go but down

Better r:r ratio


In time, looks like the Eurozone not that very happy about Monseur Trichet.
  • #26,998
  • Aug 27, 2007 8:21am Aug 27, 2007 8:21am
how is the DOW opening today?
positive? negative?

DOW better go back to 13000
give me my pips back...
  • #26,999
  • Aug 27, 2007 8:22am Aug 27, 2007 8:22am
No clear signs for me to go long or short right now, the only clear sign was on Friday at market close, and it was a sign for going long, it went as I predicted and brought 60 pips up, but sudenly everything became unclear, I still don't have open trades, and I won't open new ones unless I see a clear sign
  • #27,000
  • Aug 27, 2007 8:25am Aug 27, 2007 8:25am
Quoting Lincoln_10
how is the DOW opening today?
positive? negative?

DOW better go back to 13000
Futures -29.

Housing Data is the key, though. Can push -100 or +100
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