Cable Update (GBPUSD) | Page 1371 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #27,401
  • Aug 28, 2007 5:40pm Aug 28, 2007 5:40pm
For the record:
I am currently not sleeping.
My stargazing and subsequent sleep accounted for that move up to 2.0140ish.
Today's 'nap' from noon to two-ish (shhhh, don't tell anyone) accounted for the range breakout down to 2.000ish.
Errands away from home = bounce, starting to do taxes before that oct. extension expires = the drop again. (see, awake, but not at the computer time still produces movement, just not the large ones!)

Now that I'm paying attention, it's doing nothing, and it probably won't do much for a few hours because I am sitting next to the computer, albeit not paying much attention.

See how the system works? Bohogirl sleeping or otherwise engaged = movement. Bohogirl staring at the screen (or trying to pretend she's not paying attention) = market ranging.

Maybe I'll just shut down my computer, focus on the taxes and come back in a few hours when you're all millionaires
Cable is my sugardaddy
  • #27,402
  • Aug 28, 2007 5:46pm Aug 28, 2007 5:46pm
Quoting bohogirl
For the record:
I am currently not sleeping.
My stargazing and subsequent sleep accounted for that move up to 2.0140ish.
Today's 'nap' from noon to two-ish (shhhh, don't tell anyone) accounted for the range breakout down to 2.000ish.
Errands away from home = bounce, starting to do taxes before that oct. extension expires = the drop again. (see, awake, but not at the computer time still produces movement, just not the large ones!)

Now that I'm paying attention, it's doing nothing, and it probably won't do much for a few hours because I am sitting next to the computer, albeit not paying much attention.

See how the system works? Bohogirl sleeping or otherwise engaged = movement. Bohogirl staring at the screen (or trying to pretend she's not paying attention) = market ranging.

Maybe I'll just shut down my computer, focus on the taxes and come back in a few hours when you're all millionaires
what you need is a set and forget system
If I Go Broke Trying Then I Will die happy.
  • #27,403
  • Aug 28, 2007 5:58pm Aug 28, 2007 5:58pm
Quoting Moe
you don't realy want the trend to go up, i know i don't. base on price action this baby could hit 9800's
A trendline is holding the GU at the moment. And I am short and I am watching. If it start to jump up...
.
  • #27,404
  • Aug 28, 2007 6:05pm Aug 28, 2007 6:05pm
I always want this cable thingy to shoot and shoot and shoot and ONLY shoot. But when it falls it doesn't look good AND it hurts if ain't making pips off it. On top of all this, showing up patience until I see anything clear sucks like anything.
Hello World!
  • #27,405
  • Aug 28, 2007 6:09pm Aug 28, 2007 6:09pm
I'm a scalper from now on until the stock market show another bottom forcefully, like it did with 12,500.

Whithout some really really good headlines tomorrow, dow jones may recover a little on Friday only if such. End of the month (what a month) will weight on how much players are going to put in.

I'll do what I did during the last selloff. Scalp small positions to get paid for watching freakouts, find a good candidate for "bottom" and start bulding from there with a nice cushion underneath.

Adding heavily at breach of 9900 was amazing. I'm waiting for another window like this one again.

For now, all-out.
  • #27,406
  • Aug 28, 2007 6:18pm Aug 28, 2007 6:18pm
  •  tazmet
  • | Joined Jun 2007 | Status: Gold Member - Solid Gold Baby! | 47 Posts
Hey, anybody seen Bravado? I miss the usual banter. You know... pips after pips... a pro. And let's not forget the photoshop masterpieces.

Must have taken the rest of the year off.
My business model Get pips => Keep Pips => Repeat
  • #27,407
  • Aug 28, 2007 6:22pm Aug 28, 2007 6:22pm
Quoting tazmet
Hey, anybody seen Bravado? I miss the usual banter. You know... pips after pips... a pro. And let's not forget the photoshop masterpieces.

Must have taken the rest of the year off.
And do not forget the another 6547 pips thing
.
  • #27,408
  • Aug 28, 2007 6:22pm Aug 28, 2007 6:22pm
Quoting Moe
what you need is a set and forget system


Why do you think I've been sleeping so much more lately? Nothing like waking up and finding all those pips in your pip bank
But... actually trading is fun, you know?

whops!
Did I just say 'fun'?
I meant to say 'it's soooo boring!'
Cable is my sugardaddy
  • #27,409
  • Aug 28, 2007 6:23pm Aug 28, 2007 6:23pm
Quoting bohogirl


Why do you think I've been sleeping so much more lately? Nothing like waking up and finding all those pips in your pip bank
But... actually trading is fun, you know?

whops!
Did I just say 'fun'?
I meant to say 'it's soooo boring!'
Set and forget... your account...
.
  • #27,410
  • Aug 28, 2007 6:25pm Aug 28, 2007 6:25pm
A sacred pact on Wall Street – no big selling in the last week of August (Yeah right )– was broken today, Cramer said. The Dow was down 280 points, and the Nasdaq was down 60, or 2.3%.

Cramer blamed it on the release of the Fed minutes, which showed the market that he was right: Bernanke and friends knew nothing (). What’s worse, though, is that the Fed thinks it solved the problem, Cramer said. Despite today’s drop, the central bank offered no cash relief.
  • #27,411
  • Aug 28, 2007 6:27pm Aug 28, 2007 6:27pm
Quoting cesarnc
A sacred pact on Wall Street – no big selling in the last week of August (Yeah right )– was broken today, Cramer said. The Dow was down 280 points, and the Nasdaq was down 60, or 2.3%.

Cramer blamed it on the release of the Fed minutes, which showed the market that he was right: Bernanke and friends knew nothing (). What’s worse, though, is that the Fed thinks it solved the problem, Cramer said. Despite today’s drop, the central bank offered no cash relief.
A bunch of idiots... The question is who is making more money... Because behind the scenes they are making a lot of money... comon...
.
  • #27,412
  • Aug 28, 2007 6:28pm Aug 28, 2007 6:28pm
Quote
Hey, anybody seen Bravado?

Last I heard of him was long from the bottoms of 10 days back, long until 31st or somewhere around that.
Hello World!
  • #27,413
  • Aug 28, 2007 6:29pm Aug 28, 2007 6:29pm
Computer says... Buuuuuyyyyy....
.
  • #27,414
  • Aug 28, 2007 6:31pm Aug 28, 2007 6:31pm
Quoting bullrock
Computer says... Buuuuuyyyyy....
I will buy a pizza
.
  • #27,415
  • Aug 28, 2007 6:46pm Aug 28, 2007 6:46pm
Carnage going on in the market... Ugly moves going on.... hmmmm... I so want to see the bottom of this
  • #27,416
  • Aug 28, 2007 6:50pm Aug 28, 2007 6:50pm
Miss that entry over 2.0000....that's okay still short and loving it.......
  • #27,417
  • Aug 28, 2007 7:14pm Aug 28, 2007 7:14pm
Quoting bohogirl
starting to do taxes before that oct. extension expires = the drop again.
Yep....I hope to have my taxes in the mail by Friday........
  • #27,418
  • Aug 28, 2007 7:15pm Aug 28, 2007 7:15pm
Quoting cesarnc
Carnage going on in the market... Ugly moves going on.... hmmmm... I so want to see the bottom of this
If we take the weekly average and the GU will not go over this weeks top then maybe 1.9830...
.
  • #27,419
  • Aug 28, 2007 7:16pm Aug 28, 2007 7:16pm
I see support at 1.9956 and 1.9978. I kind of trust the Mizuho corporate bank people to an extent (Nicole Elliot) although I strongly expect she is paid to give analysis rather than trade the positions she recommends, but could be totally wrong there. Hey I don't know whose watching this forum, so its pretty rude of me to pass a judgment, but anyway. I got the entry at 2.0085 or so today and took a video of it. Unfortunately, I got out with 10 pips of profit because the market was acting sketchy if you know what I mean, like it might try a whipsaw if I got greedy. Then it moves 100 pips. Well, you can't get them all I suppose. I have been a lot more daring with my trades recently. I took out 41 pips on Sunday night New Zealand session which is for me very exciting. Did anyone get in the trade at the top like me and stay in for the ride? If so, how did you manage to hold on whilst the market kept on hesitating between 2.0080-2.0100. I was extremely confident of the trade but not that it would go 100 points. I will be monitoring my strategy on that time frame with a lot of vigilance because I can see a lot of money to be made.

I notice the outlook for GBP/USD is bullish towards the recent highs (2.0632 or whatever) according to some analysts for before the end of the year and we are getting there definitely. This level right now is also about 50% of the upmove 20th August too...I never trust fibonacci to predict support/resistance though. The market could reverse anywhere it wants to.I use other techniques for that. Anyone can help me ride great trades for longer I will be rich many times sooner! Lets help each other.
PhD with a specialty in economics & finance.
  • #27,420
  • Aug 28, 2007 7:18pm Aug 28, 2007 7:18pm
Yesterday...
Quoting Warper
If Eur/Usd starts London above 1.3660 that will mean long for me...
If GU goes to 2.0150 probably will go to 2.0250 with a possible bounce at H4 200 SMA. That would be a good place to ajust your stop to lock profit
I never got to enter long on GU...
I entered long EU and guess what... the H4 200 SMA again annoying the bulls. As soon as i saw that big bounce, i changed my SL to 1% possible loss, below my entry point, to cut my losses in case of a big rejection...
B/E was too close...


I got it right about that SL ajustment, i lost less , but i just want to say one thing...






GOD DAMN YOU, Merrill Lynch!!!!!!!!!!!

"OH the market will do bad... oh we want a cut...."

"Oh if we make 1 billion per month instead of 1 trillion, we will gona die...."

"We want money or we will cry!!!"


DOESN'T EVERYBODY KNOW THAT ALREADY?? What kind of advisors are this ppl that throw panic into the tornado, just to tell, i told ya so...

After everybody already knows...



I lost 1% today after the ajustment, thats not bad, but i HATE to lose with this kind of trading that reminds me the Trichet "yen must reflect fundamentals" days, 300 pips down, 500 up, 300 down, 500 up.

I will be ready for resume or reversal, but if we see a 2% rise tomorrow on DOW... i'm sorry, but i just want to say....

What kind of dumbs are this US stock market traders? It looks like they all trade on 1 minute charts.

What kind of idiots push the Dow to a 700-800 point rebound, and then, change their ideas because Merryl Linch said so... or because the minutes are equal, just as everyone expected.

Hey, the Unwinding... normal.... funds collapsing everyday... the rebound... ok not a problem....! But again a mood change based on a single prevision?

It's official, this US traders know zero about economy.

I'm not saying that US is doing fine or not. I'm just saying that, for professional traders... this guys seem to look to everything else, instead of their own opinions, since they don't know nothing.

They laugh about Chinese traders that sell their houses to invest on stocks... well what the difference? Us traders are probably taxi drivers that invest their taxis in stocks.

Damn you stock traders...

I'm wondering why does them pay attention to economy news if the stock market is driven by money...

They don't care if companies are doing good or not. If they have money, they buy and the share price rise. So why do they care if the nationwide sales were good or bad.

Credit crunch? What about the freaking yens?

Borrowing money with 0.5 rate is very bad..... oh.... they are dying!



Just explain me this.

They borrow yen to buy stocks...

but now they are tired to borrow yen?

like.... "we have a crunch getting dollar is too expensive"

YEN is at 0.5 for god sake did everyone completly forgot???

This correction days are so stupid...omg

Well i'm glad i have a good MM, because losing with the trend and with the same medium term prospects about rates is really annoying.
993 traders viewing now