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Cable Update (GBPUSD)

  • #27,541
  • Aug 29, 2007 6:48am Aug 29, 2007 6:48am
Quoting myles
Is Darwen anywhere near Bedlam?


No results found for omniverous.
Did you mean Omniferous (in dictionary) or Omnivorous (in encyclopedia)?
Yes its only 60 miles or so from Bedlam north yorks - it was quite a hike with all those dogs on my trail !
You are right about the spelling too - still it's not as bad as the apostrophe thing... I would have cut my little finger's off in repentance if I had done that.

http://en.wikipedia.org/wiki/Bedlam,_North_Yorkshire
  • #27,542
  • Aug 29, 2007 6:52am Aug 29, 2007 6:52am
as i remember my brokers advise about stocks, he said, for week before,...we will have a relief in stocks, then a small corection will folow,...so, that means bearish days are over,...even when opec wanted to improve oil prices, he couldnt do anything, even if he decreased production the effect was the oposite,...the market interpreted that as a low demand,...u know, so they just let the market to do what he needs to do, from 50s to 78s (2 spikes) etc...and that goes to bernarke and his 5.5+- bulshitness,...when it will be boring and cheap...then it is the right time to trend it...when scalpers step away....i know that,...at least i know something...:
its just money
  • #27,543
  • Aug 29, 2007 7:17am Aug 29, 2007 7:17am
what about short now
  • #27,544
  • Aug 29, 2007 7:19am Aug 29, 2007 7:19am
i saw 5min chart H&S pattern..
"Invest With The Insiders, Not The Masses" George Muzea
  • #27,545
  • Aug 29, 2007 7:22am Aug 29, 2007 7:22am
Quote
what about short now

too early to say anything, I won't be surprised if it creates a hill top above 2.0200

Again, its too early to say anything. However its good time to talk the talk. Share wild n raw views.
Hello World!
  • #27,546
  • Aug 29, 2007 7:22am Aug 29, 2007 7:22am
Looks like folks are waiting for the DOW opening....

Pound has moved about 140 pips in 5 hours.....I'm waiting on the sidelines to see how this will play out.......
  • #27,547
  • Aug 29, 2007 7:33am Aug 29, 2007 7:33am
Quoting ClockTrader
too early to say anything, I won't be surprised if it creates a hill top above 2.0200

Again, its too early to say anything. However its good time to talk the talk. Share wild n raw views.
well to be honest,...UK stock prices look bargain (for chineese i hope for another bear attack),...but what do i know,...VPC atracts me,..many went short on cfds,...so they now are aprox +10, +15 % in profit..., same as BARC (which i dont have any idea about their future performance), just that it looks like cheap,..again RBS 577 atracts me as well,...but if im going long like i did before,..i know that this stupid Brown, will lift rates like he did before,..at least i know something...for DOw i think we have seen the bottom,...ftse as well, DAX and CAC, dont even doubt it,...for others i dont even care,...al i care is when pino will make next call,...i can wait,..i can...chinese stocks am a little bit afraid,...but weekly charts indicates a strong buy,...if was sold off, and it broke the R on weekly,..o no it was the other way around,..soory i just got some spare time, so im posting some nonsense...P....My mind journal...LOL
its just money
  • #27,548
  • Aug 29, 2007 7:36am Aug 29, 2007 7:36am
Quoting Turtle
Looks like folks are waiting for the DOW opening....

Pound has moved about 140 pips in 5 hours.....I'm waiting on the sidelines to see how this will play out.......
Good thing Europe is holding instead of taking profit ahead of NY. Cable above 23% intraday fib, which is bullish in the immediate term. Plus it is at the edge of the triangle. Hope it goes...

If NY comes green and sustain gains, cable is to close at its highs... No "golden figure or my name is..." yet... But 0200+ is on the cards in this scenario
  • #27,549
  • Aug 29, 2007 7:42am Aug 29, 2007 7:42am
Quoting cesarnc
Good thing Europe is holding instead of taking profit ahead of NY. Cable above 23% intraday fib, which is bullish in the immediate term. Plus it is at the edge of the triangle. Hope it goes...

If NY comes green and sustain gains, cable is to close at its highs... No "golden figure or my name is..." yet... But 0200+ is on the cards in this scenario

Now that I learned how to draw.......

I understand what your saying...just waiting for the opening belll.....
  • #27,550
  • Aug 29, 2007 7:47am Aug 29, 2007 7:47am
Quote
al i care is when pino will make next call,...i can wait,..i can

I'll do this blindly, I'll stake small though, but whatever, I'm ready n all open, coz I won't play before the London bell on my own. If I lose, I'll feel like a winner and if I win, I'd still feel like a winner without any doubt.

Quote
But 0200+ is on the cards in this scenario

Right through this shoot or after a small ~100 size fall, it cannot be ruled out this week. Come next week, I don't know.
Hello World!
  • #27,551
  • Aug 29, 2007 7:47am Aug 29, 2007 7:47am
Quoting Turtle
Now that I learned how to draw.......

I understand what your saying...just waiting for the opening belll.....
Cīmon, turtle. If you cannot draw a freaking triangle, you better off getting back to Paint Brush instead of MT4



Just kidding... AS we say in Brazil, "I lose the friend, but I don't lose the joke"
  • #27,552
  • Aug 29, 2007 7:48am Aug 29, 2007 7:48am
I could not resist (greed) and went back to long the GU
.
  • #27,553
  • Aug 29, 2007 7:50am Aug 29, 2007 7:50am
Here is the plan....
I put a huge chart on the floor and will create various size and shape triangles. Then I will start to throw on the chart those triangles and find S/R levels... And trade like that..
.
  • #27,554
  • Aug 29, 2007 7:52am Aug 29, 2007 7:52am
Hello

do anyone think that cable have to much fuel to go 2.0200
  • #27,555
  • Aug 29, 2007 7:54am Aug 29, 2007 7:54am
Quoting deboooo2005
Hello

do anyone think that cable have to much fuel to go 2.0200
I can think that. But I have no idea I just go with the flow...
.
  • #27,556
  • Aug 29, 2007 7:58am Aug 29, 2007 7:58am
I'm out of the game, leaving for home now. Might go to 5 * hotel for a buffet dinner, it only costs like US $15 here. I cannot take any positions atm, beyond my technicals. Better take rest and like someone said, tomorrow is another day, so I better relax and prepare for it by relaxing a bit tonight.

Good Day/Night to all fella members with loads n loads of pips and wish ya good luck :-)
Hello World!
  • #27,557
  • Aug 29, 2007 7:59am Aug 29, 2007 7:59am
Quoting ClockTrader
I'm out of the game, leaving for home now. Might go to 5 * hotel for a buffet dinner, it only costs like US $15 here. I cannot take any positions atm, beyond my technicals. Better take rest and like someone said, tomorrow is another day, so I better relax and prepare for it by relaxing a bit tonight.

Good Day/Night to all fella members with loads n loads of pips and wish ya good luck :-)
That was me
.
  • #27,558
  • Aug 29, 2007 7:59am Aug 29, 2007 7:59am
One thing I know. At 0200 bravado is showing up :
  • #27,559
  • Aug 29, 2007 7:59am Aug 29, 2007 7:59am
I wonder why and how stock market can affect the currency like GBP or USD.
Sorry guys i never trade stock market that why im asking.
"Invest With The Insiders, Not The Masses" George Muzea
  • #27,560
  • Aug 29, 2007 8:07am Aug 29, 2007 8:07am
Quoting Qu|cksilver
I wonder why and how stock market can affect the currency like GBP or USD.
Sorry guys i never trade stock market that why im asking.
Under panic, the market
- flocks into Treasurys (among other safe heavens), pushing dollar up
- unwind carry trades going back to yen, the currency that is borrowed because of the tiny interest.

When risk apetite is back, the market
- get out of Treasurys (and others) and get back to higher yields
- get back to carry trades and go to higher yields.
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tehboy