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Cable Update (GBPUSD)

  • #30,161
  • Sep 12, 2007 6:42am Sep 12, 2007 6:42am
Two powerful earthquakes reported in Indonesia with preliminary magnitudes of 7.8 and 8.0. Tsunami alert issued.
  • #30,162
  • Sep 12, 2007 6:43am Sep 12, 2007 6:43am
Quoting Big Wave Rider
I dont know what you guys are talking about, when I look at the daily and weekly charts all I see are bull candles going up. Maybe a bear candle here and there on the daily but still going up. When I look at the 15 and 30 minute charts for good opportunitys to add to my longs it looks scary out there. All I know is I am still making pips and it is still going up.
Just have to have faith and hold a position longer than an hour or a day or a week. The long term traders are definiatly benifiting from this one.
I see what you saying Big Wave, we are in a bull run based on the candles....it just seems like something is funny about it, 50 pips up, 70 pips down, etc, etc

Euro putting in new highs???? Where is cable????? Usually bulls would be chompping at the bit because of Euro....why hasn't it???

Seems like someone knows something we don't.....hopefully it is to go higher, but I guess that is why forex is all about speculation..

I think if it wasn't for the Euro, cable wouldn't even be this high.....

Just thinking out loud........
  • #30,163
  • Sep 12, 2007 6:45am Sep 12, 2007 6:45am
Quoting de123
oil might break 80s this week...today we might see new all time high...
Steady, you will have Cesar reaching for his DOW shorts again..me too

Actually the Dow doesn't give a hoot about oil any more - $100 might get their attention for a few minutes...

Is $100 inflationary or disinflationary ? - as long as you leave it out of your inflation stats then its disinflationary so 0.25 cut only needed....

It's a world of self deception out there - If a butterfly's wing beat in the Amazon can start a hurricane, what if the Arabs buy my house - it might get the western economies growing again ? problem solved ? C,mon you Sheiks of the desert sands, I have cut the price for the 3rd time !
  • #30,164
  • Sep 12, 2007 6:50am Sep 12, 2007 6:50am
Quoting cesarnc
The problem is in the intraday, actually... Hard to find 3 hourlies in the same direction. This is a nightmare for the crazy bastards like me who like to go with insane sizes

Euro is doing much better in the intraday.
See what I mean? Cable just put 50 pips off today's high. How can one trade this SOB?

Now I don't know if 0322 is a buy or a sell LOL
  • #30,165
  • Sep 12, 2007 6:52am Sep 12, 2007 6:52am
Cable what are you doing!!!!!!!!!!!!!!!
  • #30,166
  • Sep 12, 2007 6:53am Sep 12, 2007 6:53am
jcould this be a good entry point now that we are below 2.0325 to go long
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #30,167
  • Sep 12, 2007 6:54am Sep 12, 2007 6:54am
fck it in going in at 300
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #30,168
  • Sep 12, 2007 6:55am Sep 12, 2007 6:55am
Cesar, you were totally right when you traded EUR, and didn't give much attention to this shitty cable
  • #30,169
  • Sep 12, 2007 6:56am Sep 12, 2007 6:56am
Quoting cesarnc
See what I mean? Cable just put 50 pips off today's high. How can one trade this SOB?

Now I don't know if 0322 is a buy or a sell LOL
Cable under 0310.........this is why I'm scalping...

Could it be that foot and mouth???????
  • #30,170
  • Sep 12, 2007 6:58am Sep 12, 2007 6:58am
Quoting cesarnc
See what I mean? Cable just put 50 pips off today's high. How can one trade this SOB?

Now I don't know if 0322 is a buy or a sell LOL

Here is the reason for the wierd behavior. Take your conclusions.

http://img442.imageshack.us/img442/7144/gbpnz5.jpg
  • #30,171
  • Sep 12, 2007 7:01am Sep 12, 2007 7:01am
short MF short
  • #30,172
  • Sep 12, 2007 7:02am Sep 12, 2007 7:02am
What the hell?

Anyone know what is causing this?
  • #30,173
  • Sep 12, 2007 7:03am Sep 12, 2007 7:03am
Quoting Turtle
Cable under 0310.........this is why I'm scalping...

Could it be that foot and mouth???????
BBC just confirmed foot and mouth...ouch.....no wonder the plunge

I'm on the sidelines...
  • #30,174
  • Sep 12, 2007 7:03am Sep 12, 2007 7:03am
The gu in a while...
Attached Image
.
  • #30,175
  • Sep 12, 2007 7:04am Sep 12, 2007 7:04am
Quoting Warper
Here is the reason for the wierd behavior. Take your conclusions.

http://img442.imageshack.us/img442/7144/gbpnz5.jpg
LOL finally WARPER Drawing a channel, I think some days we will see you count waves and use indicators
  • #30,176
  • Sep 12, 2007 7:06am Sep 12, 2007 7:06am
Quoting Turtle
Cable under 0310.........this is why I'm scalping...

Could it be that foot and mouth???????
The cows are wrecking my life AGAIN ! never trust anyone with big eyes and two lots of chubbies between their legs...

Cable - I could dance with you til the cows come home - if they ever do...

ok I have losses !
  • #30,177
  • Sep 12, 2007 7:08am Sep 12, 2007 7:08am
Quoting allserene
The cows are wrecking my life AGAIN ! never trust anyone with big eyes and two lots of chubbies between their legs...

Cable - I could dance with you til the cows come home - if they ever do...

  • #30,178
  • Sep 12, 2007 7:10am Sep 12, 2007 7:10am
no need to panic just stay in there
its coming back up no need to exit yet
what the hell are you doing cable



OOPS, Did I just type out loud?
Just Trade It
  • #30,179
  • Sep 12, 2007 7:11am Sep 12, 2007 7:11am
Quoting cesarnc
What the hell?

Anyone know what is causing this?

lol... a upper channel line tested several times is not enough?

Maybe not but, if i were trading cable right now i would think...

"hmm euro is doing good, but it ill be dificult to put new big highs again today and cable just reached the upper channel. This need re fuel"

I don't know... it seems logical thinking to me.





Benssol Lol... wth... Naked charts are not naked charts...

Naked charts allow trend lines. A few weeks ago i used MAs (WOW ) but they tend to mislead in second or third attemps.

I'm back to my first days of trading. When i made the biggest percentages without crazy techs.

BTW. Can you change your avatar to the old one? It was a lot prettier.

  • #30,180
  • Sep 12, 2007 7:13am Sep 12, 2007 7:13am
Quoting allserene
The cows are wrecking my life AGAIN ! never trust anyone with big eyes and two lots of chubbies between their legs...

Cable - I could dance with you til the cows come home - if they ever do...

ok I have losses !
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