LOL...
Everytime cable trades 0090s, this thread freezes
I know! It's a DAMN day to trade already....
Everytime cable trades 0090s, this thread freezes
I know! It's a DAMN day to trade already....
Cable Update (GBPUSD)
- #29,041
- Sep 5, 2007 2:54am Sep 5, 2007 2:54am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #29,042
- Sep 5, 2007 2:55am Sep 5, 2007 2:55am
I'm noticing an interesting thing, that will stop me for entry in this market at least until NFP or the next week.
Sometimes is really annoying to notice this kinds of things.
Take a look at this chart.
http://img158.imageshack.us/img158/9747/ujpn5.jpg
This is a daily chart.
1 is a bull run back in 2005
2 is the last bull run before the holocaust.
As you notice there are lines there and their purpose is to give us a look of the inclinations for that runs.
Now... the thing that annoys me is the fact that this endless sideways days were not enough to give the present run a "normal" inclination...
In fact as you can compare, the actual inclination is even sharper than a mega run in 2005, as you can see looking at the distance between the actual price and the line 1.
Even if we use the close after the rebound and not the real low, we are still rising faster if this continues to rise.
We probably must not trust in the past inclination as a standard to our trading today, but lets face it, why should we rise more faster now than then, i don't see no reason.
The last bull run was a "road full of bumps", where are the bumps now? I just see one, and it was the low volume day...
Something is not right there, i'm not shorting or going long.
This looks like a dark road, because look at this...
http://img158.imageshack.us/img158/500/uj2zt3.jpg
Not even in 1 life time i would say that this seems mega inclined and it is, and badly...
You were right QuickSilver, we didn't see a good bottom yet.
The best part.... i noticed this after i opened my trade and even so, i didn't closed it because i though... "hmmm i might be wrong"
Damn... i was right. But i guess that is a good thing for the future.
PS: I'm sorry to talk about UJ, but i think you guys understand, it's all the same right now.
Sometimes is really annoying to notice this kinds of things.
Take a look at this chart.
http://img158.imageshack.us/img158/9747/ujpn5.jpg
This is a daily chart.
1 is a bull run back in 2005
2 is the last bull run before the holocaust.
As you notice there are lines there and their purpose is to give us a look of the inclinations for that runs.
Now... the thing that annoys me is the fact that this endless sideways days were not enough to give the present run a "normal" inclination...
In fact as you can compare, the actual inclination is even sharper than a mega run in 2005, as you can see looking at the distance between the actual price and the line 1.
Even if we use the close after the rebound and not the real low, we are still rising faster if this continues to rise.
We probably must not trust in the past inclination as a standard to our trading today, but lets face it, why should we rise more faster now than then, i don't see no reason.
The last bull run was a "road full of bumps", where are the bumps now? I just see one, and it was the low volume day...
Something is not right there, i'm not shorting or going long.
This looks like a dark road, because look at this...
http://img158.imageshack.us/img158/500/uj2zt3.jpg
Not even in 1 life time i would say that this seems mega inclined and it is, and badly...
You were right QuickSilver, we didn't see a good bottom yet.
The best part.... i noticed this after i opened my trade and even so, i didn't closed it because i though... "hmmm i might be wrong"
Damn... i was right. But i guess that is a good thing for the future.
PS: I'm sorry to talk about UJ, but i think you guys understand, it's all the same right now.
- #29,043
- Sep 5, 2007 2:58am Sep 5, 2007 2:58am
[Suggestion]
We should have some online-mini-game in the forum, so that if this condition happen again, we can play around
Let's play poker...I'll be the house...Join?
We should have some online-mini-game in the forum, so that if this condition happen again, we can play around
Let's play poker...I'll be the house...Join?
Hello World
- #29,045
- Sep 5, 2007 3:01am Sep 5, 2007 3:01am
- Joined Sep 2006 | Status: Trader | 2,272 Posts
In these conditions we all have to pick a side and stay with it. If you lose, you lose. It's literally impossible to guess which direction the next big move is going to be.
Techis and fundis showing huge drop. Techis and fundis showing huge rise.
...nothing is free these days...its always going to the right, ok few times to the left...still long oil...i hope the tornado reaches 5 and that it will go to directione...oil fields....man im mean,...
:
its just money
- #29,046
- Sep 5, 2007 3:02am Sep 5, 2007 3:02am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #29,047
- Sep 5, 2007 3:02am Sep 5, 2007 3:02am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
CABLEEEE PLEASE GO DOWNNNNN!!!!!!!!!!!!! I'M TIRED!!!!!
"Invest With The Insiders, Not The Masses"
George Muzea
- #29,050
- Sep 5, 2007 3:10am Sep 5, 2007 3:10am
CABLEEEE PLEASE GO DOWNNNNN!!!!!!!!!!!!! I'M TIRED!!!!!
Bulls/Bears have their own way to move... So, just let it be...And we'll see...If your wish granted... Shall we have champagne today....
Hello World
. I've checked but java script is enabled.
- #29,053
- Sep 5, 2007 3:16am Sep 5, 2007 3:16am
It is like watching my grandma sleeping in her chair in the kitchen. And thinking PLEASE WAKE UP AND GO TO THE LOO...
I'll say...Let's DROP GU... Just DROP...And I'll buy you champagne (again)... You'll have the champagne, I'll take the beers... Good trade right...
Hello World
- #29,054
- Sep 5, 2007 3:24am Sep 5, 2007 3:24am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
London plays dead... What a shame... What a tiring day for the traders...
I'll say...Let's DROP GU... Just DROP...And I'll buy you champagne (again)... You'll have the champagne, I'll take the beers... Good trade right...
.
- #29,056
- Sep 5, 2007 3:34am Sep 5, 2007 3:34am
- | Commercial User | Joined Sep 2005 | 1,118 Posts
last month was crap for me, i can't handle the fast indecisive times. lost money so spent the time studying other systems, so the month wasn't a waste.
should have listened to WTB and stayed out.
- #29,057
- Sep 5, 2007 3:43am Sep 5, 2007 3:43am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
If cable goes from here to 2.000 2-3 guys will pops "toldya so". Those very guys will vanish if cable goes to 2.0200. But other 3-4 guys will pop toldya so.
If cable stalls, then WTB pops, toldya so.
If any of you guys have the guts to trade, so do your way and avoid those very annoying toldya so's for those who lost.
This is a fraking jungle and instead of helping each other, or just staying for the jokes, people act like, "see? I'm a better trader than you are just because I'm a) short; b) long; c) out"
It was about disgusting to see cable around 0137 yesterday: at 0136 bullrock pops "see, down move". At 0138 pino pops "see, down move denied"...
C´MOOOONNN....
BTW, writing those words while I neither got a loss nor a win today. I no f´n waaaayyy I'm going to disclose what I'm doing.
If I say I'm long, will come guys saying target 1.98. If I say I'm short, will come guys saying target 0450.
If cable stalls, then WTB pops, toldya so.
If any of you guys have the guts to trade, so do your way and avoid those very annoying toldya so's for those who lost.
This is a fraking jungle and instead of helping each other, or just staying for the jokes, people act like, "see? I'm a better trader than you are just because I'm a) short; b) long; c) out"
It was about disgusting to see cable around 0137 yesterday: at 0136 bullrock pops "see, down move". At 0138 pino pops "see, down move denied"...
C´MOOOONNN....
BTW, writing those words while I neither got a loss nor a win today. I no f´n waaaayyy I'm going to disclose what I'm doing.
If I say I'm long, will come guys saying target 1.98. If I say I'm short, will come guys saying target 0450.
- #29,058
- Edited 3:45am Sep 5, 2007 3:45am | Edited 3:45am
- Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Hello folks,
GBPUSD exactly at the 61.8 level of the last bull run, things looking very bearish on the dailies despite an ugly little pin bar on the H4 that is mostly due to inaction. I'm shorting, TP 1.9935.
EURUSD looking very bearish in comparison, european currencies are losing to the dollar and yen. Speaking of the yen, I'm shorting all crosses due to japanese stock market strength (se reuters today) and price action. Tight SL on all these are needed because statistically speaking we are in the middle of SMA deviation channels in many cases. In other words the statistics is not heavily guiding us here.
Finally to mirror the Yen crosses I bought USDCAD (and, unrelatedly, sold USDCHF), so double whammy losses there if I'm unlucky
Somebody please tell me I'm not the only one out here. Oh yes, and pray for me
Good luck.
GBPUSD exactly at the 61.8 level of the last bull run, things looking very bearish on the dailies despite an ugly little pin bar on the H4 that is mostly due to inaction. I'm shorting, TP 1.9935.
EURUSD looking very bearish in comparison, european currencies are losing to the dollar and yen. Speaking of the yen, I'm shorting all crosses due to japanese stock market strength (se reuters today) and price action. Tight SL on all these are needed because statistically speaking we are in the middle of SMA deviation channels in many cases. In other words the statistics is not heavily guiding us here.
Finally to mirror the Yen crosses I bought USDCAD (and, unrelatedly, sold USDCHF), so double whammy losses there if I'm unlucky
Somebody please tell me I'm not the only one out here. Oh yes, and pray for me
Good luck.
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea
- #29,059
- Sep 5, 2007 3:45am Sep 5, 2007 3:45am
- | Joined May 2007 | Status: Trader | 4,716 Posts
If cable goes from here to 2.000 2-3 guys will pops "toldya so". Those very guys will vanish if cable goes to 2.0200. But other 3-4 guys will pop toldya so.
If cable stalls, then WTB pops, toldya so.
If any of you guys have the guts to trade, so do your way and avoid those very annoying toldya so's for those who lost.
This is a fraking jungle and instead of helping each other, or just staying for the jokes, people act like, "see? I'm a better trader than you are just because I'm a) short; b) long; c) out"
It was about disgusting to see cable around 0137 yesterday: at 0136 bullrock pops "see, down move". At 0138 pino pops "see, down move denied"...
C´MOOOONNN....
BTW, writing those words while I neither got a loss or a win today. I no f´n waaaayyy I'm going to disclose what I'm doing.
Sounds like Mr. Walker is standing by........
- #29,060
- Sep 5, 2007 3:46am Sep 5, 2007 3:46am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
If cable goes from here to 2.000 2-3 guys will pops "toldya so". Those very guys will vanish if cable goes to 2.0200. But other 3-4 guys will pop toldya so.
If cable stalls, then WTB pops, toldya so.
If any of you guys have the guts to trade, so do your way and avoid those very annoying toldya so's for those who lost.
This is a fraking jungle and instead of helping each other, or just staying for the jokes, people act like, "see? I'm a better trader than you are just because I'm a) short; b) long; c) out"
It was about disgusting to see cable around 0137 yesterday: at 0136 bullrock pops "see, down move". At 0138 pino pops "see, down move denied"...
C´MOOOONNN....
BTW, writing those words while I neither got a loss nor a win today. I no f´n waaaayyy I'm going to disclose what I'm doing.
If I say I'm long, will come guys saying target 1.98. If I say I'm short, will come guys saying target 0450.
Please accept my apologies... I did not want to disgust you. I dont know what I do anyway.
.