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Cable Update (GBPUSD)

  • #29,401
  • Sep 7, 2007 3:39am Sep 7, 2007 3:39am
Quoting ashlee_17
Most probably the number will be anywhere between 50k and 120k; what would you do in this case?
I don't know.. i can't predict what are the number will come out later. But from my technical analysis most probably cable will shoot up.
"Invest With The Insiders, Not The Masses" George Muzea
  • #29,402
  • Sep 7, 2007 3:42am Sep 7, 2007 3:42am
what we think...u need to have a big guts to trade NFP, thats what we think...i think the news will be bad for dolar in longer time frames, and good for a quick short...right now levels below 190 are a buy, above 200 are a sell (scalping the NFP till NFP) then a break of R or a S, should give further direction, then a full swing...for oposite direction,....so never wrong analise for today goes like this...if u see money take it and go away... ...p.s am long 191, will close at 200-203 again...:
its just money
  • #29,403
  • Sep 7, 2007 3:49am Sep 7, 2007 3:49am
Wow.. just saw that the "great and mighty" auslanco visited here before..
Eyeing on how many post to go before overtaking us here?? :
  • #29,404
  • Sep 7, 2007 3:51am Sep 7, 2007 3:51am
Quote
What do u guys think?

Only thing sure is roller coaster drive

Hello World!
  • #29,405
  • Sep 7, 2007 3:52am Sep 7, 2007 3:52am
Quoting dd33
Wow.. just saw that the "great and mighty" auslanco visited here before..
Eyeing on how many post to go before overtaking us here?? :

"Invest With The Insiders, Not The Masses" George Muzea
  • #29,406
  • Sep 7, 2007 3:57am Sep 7, 2007 3:57am
even he is a human....
now seriously, if u wona demo cable, try this....
http://www.miniclip.com/games/rollercoaster/en/
its just money
  • #29,407
  • Sep 7, 2007 4:02am Sep 7, 2007 4:02am
For those who called for 2000 pages before weekend.. Its FRIDAY now and we still have 38 pages to go...

Edited : *sorry.. typo... thanx pino2
  • #29,408
  • Sep 7, 2007 4:04am Sep 7, 2007 4:04am
Quoting dd33
For those who called for 2000 pages before weekend.. Its FRIDAY now and we still have 48 pages to go...
U mean 38
  • #29,409
  • Sep 7, 2007 4:09am Sep 7, 2007 4:09am
Again yesterday we were right, Let's continuou make profit
  • #29,410
  • Sep 7, 2007 4:18am Sep 7, 2007 4:18am
Quoting de123
what we think...u need to have a big guts to trade NFP, thats what we think...i think the news will be bad for dolar in longer time frames, and good for a quick short...right now levels below 190 are a buy, above 200 are a sell (scalping the NFP till NFP) then a break of R or a S, should give further direction, then a full swing...for oposite direction,....so never wrong analise for today goes like this...if u see money take it and go away... ...p.s am long 191, will close at 200-203 again...:
Hey all... I'm afraid we are going to see another of those disgusting NFP. It's been this way for some 2 or 3 months already. The whole frenzy, jitter, "I think it will be good/bad/ I don't think I trade", the whole package.

Then pops NFP and nothing happens...

Too bad (or too good) I won't be here to watch this. Decided to leave a stop buy on Euro 3700 (SL 3650) and that will be pretty much it for me...

Those are the waves I will count until Sunday


http://www.spaceanddeath.com/brazil/images/guaruja.jpg

Good luck
  • #29,411
  • Sep 7, 2007 4:27am Sep 7, 2007 4:27am
eur/usd is almost 1.37 now, how high do u think it is gonna shoot when NFP comes out? 1.3800? 1.3850?
  • #29,412
  • Sep 7, 2007 4:33am Sep 7, 2007 4:33am
Quoting cesarnc
Hey all... I'm afraid we are going to see another of those disgusting NFP. It's been this way for some 2 or 3 months already. The whole frenzy, jitter, "I think it will be good/bad/ I don't think I trade", the whole package.

Then pops NFP and nothing happens...

Too bad (or too good) I won't be here to watch this. Decided to leave a stop buy on Euro 3700 (SL 3650) and that will be pretty much it for me...

Those are the waves I will count until Sunday


http://www.spaceanddeath.com/brazil/images/guaruja.jpg

Good luck
Counting waves????
I prefer looking at Double Top Formation...
http://www.missionbeachonline.com/im...ize-logo22.JPG
  • #29,413
  • Sep 7, 2007 4:36am Sep 7, 2007 4:36am
Someone has got to know what's gonna happen if NFP comes out as expected?
  • #29,414
  • Sep 7, 2007 4:38am Sep 7, 2007 4:38am
Quoting ashlee_17
Someone has got to know what's gonna happen if NFP comes out as expected?
It will either go up or down LOL
Trade what you see, not what you think.
  • #29,415
  • Sep 7, 2007 4:43am Sep 7, 2007 4:43am
Nice article...

http://www.cnbc.com/id/20626650
  • #29,416
  • Sep 7, 2007 4:56am Sep 7, 2007 4:56am
Quoting pino2
U mean 38
hey pino2, do u still have those long trades open?
  • #29,417
  • Sep 7, 2007 4:58am Sep 7, 2007 4:58am
MNI EURO-DOLLAR TECHS: Reslient To Downside; $1.3700 Key Upside Level
RES 4: $1.3853 Life-time high 24 July
RES 3: $1.3840 Double-day high 03/06 August
RES 2: $1.3720/37 High 31 Aug, 76.4% of $1.3853/1.3361, Former 17Aug sup
RES 1: $1.3700/09 Resistance line from 6 Aug, High 6 September
CURRENT LEVEL: $1.3685
SUP 1: $1.3650 5 & 55-day moving average's
SUP 2: $1.3578/85 100-& 21-DMAs, 38.2% of recovery from $1.3360
SUP 3: $1.3540/52 50% retracement of recovery off $1.3360, Low 4 Sep
SUP 4: $1.3450 Lows 22 August
COMMENTARY: Euro so far reslient to downside move and holding above the
5 & 55-day moving average's at $1.3650. The bear-cross on daily
stochastic and bear-divegence signals on fast 10-day momentum continues
to warn of a move lower. Resistance at $1.3700 is seen as key now, which
is value of res line from Aug 6 & also the 76.4% of $1.3709 decline.
  • #29,418
  • Edited 5:38am Sep 7, 2007 5:02am | Edited 5:38am
I have a small short USD/CHF at 1.19730 from last week. Can you guys recommend what should i do - should i wait until NFP comes out to decide, or should I close this position now, or keep it open?

thanks
  • #29,419
  • Sep 7, 2007 5:07am Sep 7, 2007 5:07am
This i what i think.. 15min before NFP if the price going up mean sell. So if the price move downward then buy.
"Invest With The Insiders, Not The Masses" George Muzea
  • #29,420
  • Sep 7, 2007 5:08am Sep 7, 2007 5:08am
Quoting Qu|cksilver
This i what i think.. 15min before NFP if the price going up mean sell. So if the price move downward then buy.
what's your reasoning behind this?
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