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Cable Update (GBPUSD)

  • #27,481
  • Aug 29, 2007 4:19am Aug 29, 2007 4:19am
I am Long on Cable.
  • #27,482
  • Aug 29, 2007 4:21am Aug 29, 2007 4:21am
no clear view
  • #27,483
  • Aug 29, 2007 4:24am Aug 29, 2007 4:24am
Quoting Ronald15
Again pictures are not lying to us. Now is good possibility to go short.

Have you place any trades for shorts?
I'm just moving clouds today - tomorrow I'll try mountains.
  • #27,484
  • Aug 29, 2007 4:29am Aug 29, 2007 4:29am
Quote
I agree.. Its a week where when u have a profit.. grab and run like hell or it will be given back to the market in the next minute.

yea, I didn't grab the profit yest. and lost 15% floating gain in equity, lolz
It was so ridiculous, it still pains, I only gained 3% from the entire day.

but its ok, its against my taste to close positions with small profits, make big or just lose little OR make small when FX forces me to, hahaha ha ha


Quote
luckasi0309 I am Long on Cable.

Only a person with steel balls can hold his positions in profit from longs for long in this scenario, I'll watch your call. Make sure to turn your SL into BE.

Hello World!
  • #27,485
  • Aug 29, 2007 4:33am Aug 29, 2007 4:33am
Quoting Ronald15
Again pictures are not lying to us. Now is good possibility to go short.
You see it that way, I see it this way.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 27 KB
  • #27,486
  • Aug 29, 2007 4:33am Aug 29, 2007 4:33am
The last hourly close was 2.0061, so how come to go short now, before the close it was playing in the late 40's and then within seconds before the last hourly close it ran to 2.0061, this is a sign for an upward move
  • #27,487
  • Aug 29, 2007 4:35am Aug 29, 2007 4:35am
Major European stocks had a huge spike up now... They are trading flat to 0.4% right now..

No info on reason why so far... But after the US tumble, it is indeed remarkable.
  • #27,488
  • Aug 29, 2007 4:37am Aug 29, 2007 4:37am
Quoting Ronald15
Again pictures are not lying to us. Now is good possibility to go short.
1) I think you need more lines in your chart.
2) Cable is heading again to attack the descending trendline. Wait and see what will happen...
3) Strong support at 9975
4) Medium and long term trend is still up
5) Please post your pics in JPG format


http://img509.imageshack.us/img509/5...7043712up9.png
Johann Channels and cycles are everything
  • #27,489
  • Aug 29, 2007 4:38am Aug 29, 2007 4:38am
SL at B/E - ppphhheeewww...

Same prices as yesterday, blood chilling, déjà vu and all... But whata hell, we gotta make a buck here.
  • #27,490
  • Aug 29, 2007 4:40am Aug 29, 2007 4:40am
hey Bullrock, r u around mate ?

got a nice photo for ya

closing my positions now, will post it in a bit
Hello World!
  • #27,491
  • Aug 29, 2007 4:41am Aug 29, 2007 4:41am
it must keep above 2.0113 next few hours to continue uptrend
  • #27,492
  • Aug 29, 2007 4:42am Aug 29, 2007 4:42am
Dow futures also spiked up to +44...

Guess it was on Chamber of Commerce saying "recession unlikely". My opinion. Actually the only green headline today.
  • #27,493
  • Aug 29, 2007 4:42am Aug 29, 2007 4:42am
Quoting cesarnc
you tell me... dow futures: +25

And European stocks are paring losses of the open. Slowly, Europe is starting to show they don't give a rat's ass about US problems.....
Anyone who wants a pallet load of rat's asses please contact Blackburn with Darwen Council - they sho' is wall-to-wall with 'em


http://www.blackburn.gov.uk/server.p...onWebDoc.25685
  • #27,494
  • Aug 29, 2007 4:42am Aug 29, 2007 4:42am
Quote
Major European stocks had a huge spike up now... They are trading flat to 0.4% right now..

No info on reason why so far... But after the US tumble, it is indeed remarkable.

I believe, these stocks shoot when euro n cable shoot and fall when these 2 pairs fall.
Hello World!
  • #27,495
  • Aug 29, 2007 4:43am Aug 29, 2007 4:43am
Quoting ClockTrader
yea, I didn't grab the profit yest. and lost 15% floating gain in equity, lolz
It was so ridiculous, it still pains, I only gained 3% from the entire day.

but its ok, its against my taste to close positions with small profits, make big or just lose little OR make small when FX forces me to, hahaha ha ha




Only a person with steel balls can hold his positions in profit from longs for long in this scenario, I'll watch your call. Make sure to turn your SL into BE.

I have steel balls then... (I am in BE, 1/2 gain TP and no TP)
.
  • #27,496
  • Aug 29, 2007 4:48am Aug 29, 2007 4:48am
Quote
hey Bullrock, r u around mate ?

got a nice photo for ya

closing my positions now, will post it in a bit

I know it may have been too early, but its ok, I grabbed my 10% gains in equity back. I have taken my pips back from the market, I don't care if it shoot another 200 points from here.

In this cluster of longs, there is one short, a mole, never mind, yet I made 10%+ shud be a net total of 1000+ pips today from EU n cable

Good Luck to all !!!

:
Attached Image (click to enlarge)
Click to Enlarge Name: long-cables-29-aug.gif Size: 12 KB
Hello World!
  • #27,497
  • Aug 29, 2007 4:49am Aug 29, 2007 4:49am
Dow - News Corp deal cleared... Another green headline...

Pleeeeaasseeee, God... Keep the shoes of all headge funds on today. Amen. Allah, you, too, Allahu Akbar...

All gods and saints welcome...
  • #27,498
  • Aug 29, 2007 4:55am Aug 29, 2007 4:55am
Quote
I have steel balls then... (I am in BE, 1/2 gain TP and no TP)

I agree man, Good Luck to you :-)
Hello World!
  • #27,499
  • Aug 29, 2007 5:03am Aug 29, 2007 5:03am
Quoting ClockTrader
I agree man, Good Luck to you :-)
This "little" jump brought me a couple of pips (250 combined with 7 units)... I am locked in some profit, some in BE, and some closed so I am fine... UJ is doing well too... I threw a coin to decide what to do on UJ (no kidding) it said tail so I bought straight in the morning...
.
  • #27,500
  • Aug 29, 2007 5:05am Aug 29, 2007 5:05am
cesarnc, your 4HR triangle look working... thanks for sharing..
"Invest With The Insiders, Not The Masses" George Muzea
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