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Cable Update (GBPUSD)

  • #27,021
  • Aug 27, 2007 8:55am Aug 27, 2007 8:55am
The last 200 days were 55.0% up days and 45.0% down days.
The last 400 days were 55.3% up days and 44.7% down days.
The last 600 days were 54.5% up days and 45.4% down days.
.
  • #27,022
  • Aug 27, 2007 8:56am Aug 27, 2007 8:56am
I am Short on Cable.
  • #27,023
  • Aug 27, 2007 8:56am Aug 27, 2007 8:56am
So who go long have higher probability to win in the long term.
.
  • #27,024
  • Aug 27, 2007 8:56am Aug 27, 2007 8:56am
Quote
I am long on my pizza

I just got back and had one at Dominos, I had this after a looonggg time and found it very tasty :
Hello World!
  • #27,025
  • Aug 27, 2007 8:58am Aug 27, 2007 8:58am
Quoting bullrock
The last 200 days were 55.0% up days and 45.0% down days.
The last 400 days were 55.3% up days and 44.7% down days.
The last 600 days were 54.5% up days and 45.4% down days.
Oooops I have analysed weekly charts I am going to repost with dailies
.
  • #27,026
  • Aug 27, 2007 9:00am Aug 27, 2007 9:00am
Quoting Lincoln_10
lets pray for a terrible existing home sales...

There are more important things to pray, but for those of us in the USA we would rather it was a good report if you don't mind.
  • #27,027
  • Aug 27, 2007 9:00am Aug 27, 2007 9:00am
200 days: 51.5% up, 48.5% down
400 days: 52.0% up, 48.0% down
600 days: 48.5% up, 51.0% down

Whatever
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  • #27,028
  • Aug 27, 2007 9:01am Aug 27, 2007 9:01am
Economic Data (US, Jul): Existing Home Sales out at 5.75 vs. 5.70M expected. Prior figures at 5.76M (revised from 5.75M). MoM out at -0.2% vs. -0.9% expected.
go china, go gold, go euro, go AUD, dumpt yens, dump dollars,..go go...
its just money
  • #27,029
  • Aug 27, 2007 9:01am Aug 27, 2007 9:01am
Quoting bullrock
I have a take profit in the swissy the SECOND TIME it has missed by the PIP! schweinhund...

Lovely word 'schweinhund' sounds a bit like 'Cortina' (sorry alexei)

On one site I use, the American swear checkers wont let me put 'pussycat' or that animal that looks a bit like a donkey crossed with a mule - and they xxxx it out ! so I will use schweinhund ...and move to the Inuit word for 'wife's freezing bot-bot' if that fails...
Come on cable I am getting silly now so do something !
http://www.sharonpenner.com/images/pigdog1_ks47.jpg
  • #27,030
  • Aug 27, 2007 9:03am Aug 27, 2007 9:03am
hmm so same existing home sales

what now than?
give me my pips back...
  • #27,031
  • Aug 27, 2007 9:03am Aug 27, 2007 9:03am
Quoting bullrock
So who go long have higher probability to win in the long term.
This is called TREND, Einstein!
  • #27,032
  • Aug 27, 2007 9:07am Aug 27, 2007 9:07am
Numbers were pretty much flat....looking to buy on the dips...
  • #27,033
  • Aug 27, 2007 9:08am Aug 27, 2007 9:08am
Quoting cesarnc
This is called TREND, Einstein!
I know, you Newton, just played with the statistics a bit.
.
  • #27,034
  • Aug 27, 2007 9:08am Aug 27, 2007 9:08am
Previous revised to 5.76M. Looks like the market didn't like the 0.2% fall...
  • #27,035
  • Aug 27, 2007 9:10am Aug 27, 2007 9:10am
Quoting cesarnc
Previous revised to 5.76M. Looks like the market didn't like the 0.2% fall...
i HOPE they hate it even more.. Come on stock brokers at Wall Street.. there was a FALL in the existing home sales... You must PANIC and SELL SELL SELL... Sell everything until i make good profit from my short at cable and geppy.....

Break the horns of the bull

(for now)
give me my pips back...
  • #27,036
  • Aug 27, 2007 9:10am Aug 27, 2007 9:10am
Quoting allserene
Lovely word 'schweinhund' sounds a bit like 'Cortina' (sorry alexei)

On one site I use, the American swear checkers wont let me put 'pussycat' or that animal that looks a bit like a donkey crossed with a mule - and they xxxx it out ! so I will use schweinhund ...and move to the Inuit word for 'wife's freezing bot-bot' if that fails...
Come on cable I am getting silly now so do something !
http://www.sharonpenner.com/images/pigdog1_ks47.jpg
luckily I am home. But I had to vomit some pizza onto my screen. dammit.
.
  • #27,037
  • Aug 27, 2007 9:12am Aug 27, 2007 9:12am
go china, go gold, go oil, go euro, go AUD,...go go..or i am gona be stoped out....with profit
its just money
  • #27,038
  • Aug 27, 2007 9:13am Aug 27, 2007 9:13am
Quoting Lincoln_10
i HOPE they hate it even more.. Come on stock brokers at Wall Street.. there was a FALL in the existing home sales... You must PANIC and SELL SELL SELL... Sell everything until i make good profit from my short at cable and geppy.....

Break the horns of the bull

(for now)
Not so fast, man. I'm not "buying" this reaction in the stock market. Way too good M&As news today, this baby could go to the roof later on... Big movers usually show up 12 or 13 EST, after the rats are full of the crumbs.

I just banked the profits I had right now and decided to stay flat here...
  • #27,039
  • Aug 27, 2007 9:14am Aug 27, 2007 9:14am
By the way, to get serious, cesarnc. The number of up days doesn't necesarily means uptrend, because it doesn't tell anything regarding the size of the bars... So imagine you have 50 * 20 pip up days but 10 * 150 pip down days = 1000 pip up - 1500 pip down = 500 pip down from the start...

Have fun(d)
.
  • #27,040
  • Aug 27, 2007 9:15am Aug 27, 2007 9:15am
We sure do miss when London is on a holiday....seems everyone else is scarred to determine the direction of the pound.......
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