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Cable Update (GBPUSD)

  • #30,181
  • Sep 12, 2007 7:14am Sep 12, 2007 7:14am
I think euro heard Benssol seeking 39XX
Hello World!
  • #30,182
  • Sep 12, 2007 7:16am Sep 12, 2007 7:16am
Quoting Warper
l

.....


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

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

I'm back to my first days of trading charts. When i made the biggest percentages.


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

I'm sure you will do the best on your charts and trades

I didnt found the pic , if you have a more prettier one send it
  • #30,183
  • Sep 12, 2007 7:17am Sep 12, 2007 7:17am
Coming across the newswires.....he indicated rates may have peaked at 5.75% and warned of more bumpy and difficult times ahead...


Now that could be the reason for the drop......
  • #30,184
  • Sep 12, 2007 7:18am Sep 12, 2007 7:18am
Despite of the upper channel, cable might standby in a near fib until the lower channel arrives, giving it a poor R:R.

I would wait for re fuel.
  • #30,185
  • Sep 12, 2007 7:18am Sep 12, 2007 7:18am
Quoting Big Wave Rider
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?
will we see 260 again??
  • #30,186
  • Sep 12, 2007 7:19am Sep 12, 2007 7:19am
Quoting cesarnc
What the hell?

Anyone know what is causing this?
Yes. I wanted to add longs but the price wasn't good enough
Long2.0298SL-30
  • #30,187
  • Sep 12, 2007 7:21am Sep 12, 2007 7:21am
Quoting cesarnc
What the hell?

Anyone know what is causing this?
The bears are stronger than the bulls
.
  • #30,188
  • Sep 12, 2007 7:22am Sep 12, 2007 7:22am
i stand by my words this market is unstable this week.
If I Go Broke Trying Then I Will die happy.
  • #30,189
  • Sep 12, 2007 7:27am Sep 12, 2007 7:27am
Quoting bullrock
The bears are stronger than the bulls
Too wierd... Just cut some loss here and flowed the trade into euro....

Cable's upside is so contained. I really thought it would at least try to catch up with euro today...

But then comes King, cows, bears, the whole damn ZOO and I'm wwwrrooonnnggg...

Quote
i stand by my words this market is unstable this week.
Cable is unstable. But look at euro.... It is trading steadly in a very sharp channel upwards...
  • #30,190
  • Sep 12, 2007 7:30am Sep 12, 2007 7:30am
Quoting cesarnc

But then comes King, cows, bears, the whole damn ZOO and I'm wwwrrooonnnggg....
Just Trade It
  • #30,191
  • Sep 12, 2007 7:30am Sep 12, 2007 7:30am
Quoting cesarnc
Too wierd... Just cut some loss here and flowed the trade into euro....

Cable's upside is so contained. I really thought it would at least try to catch up with euro today...

But then comes King, cows, bears, the whole damn ZOO and I'm wwwrrooonnnggg...
Patience... Seriously.. Did you have a look at the daily chart?? Any thoughts??? I think a huge ghost is forming and we are nearby the top of the second shoulder??? If that happens to be the case I'd rather sell this crap then to buy.
.
  • #30,192
  • Sep 12, 2007 7:31am Sep 12, 2007 7:31am
Quoting Turtle
Coming across the newswires.....he indicated rates may have peaked at 5.75% and warned of more bumpy and difficult times ahead...


Now that could be the reason for the drop......
The cows are innocent ?
it's too late - I just went out and kicked one...
and the Japanese housewives ?
and the Sheiks with their piggy banks - oops ! I mean savings accounts ??

So Martian loofer King finally recognizes that I cant sell my house ? Jeez he catches on slow !
  • #30,193
  • Sep 12, 2007 7:35am Sep 12, 2007 7:35am
So far no big damage here bro .



Quoting cesarnc
Two powerful earthquakes reported in Indonesia with preliminary magnitudes of 7.8 and 8.0. Tsunami alert issued.
  • #30,194
  • Sep 12, 2007 7:35am Sep 12, 2007 7:35am
Quoting bullrock
Patience... Seriously.. Did you have a look at the daily chart?? Any thoughts??? I think a huge ghost is forming and we are nearby the top of the second shoulder??? If that happens to be the case I'd rather sell this crap then to buy.
While US rate cut is on the cards, there won't be large potential to the downside, imo.

Good sell ooportunity is likely on Sept 18, when I can bet ONE EAR that Bernanke is going to screw up and won't change rates.

Even a 0.25% cut will be disappoiting....

Quote
So far no big damage here bro .

Good to know. Coz 8.0 earthquake is a hell of a shake....
  • #30,195
  • Sep 12, 2007 7:35am Sep 12, 2007 7:35am
I HATE THIS.. NO CALLS!!!! Just an opinion...
2.0140 - 2.0170 soon?? next week?
.
  • #30,196
  • Sep 12, 2007 7:38am Sep 12, 2007 7:38am
Quoting allserene
The cows are innocent ?
it's too late - I just went out and kicked one...
and the Japanese housewives ?
and the Sheiks with their piggy banks - oops ! I mean savings accounts ??

So Martian loofer King finally recognizes that I cant sell my house ? Jeez he catches on slow !

So King must be coming from that school of Bernankeism......
  • #30,197
  • Sep 12, 2007 7:40am Sep 12, 2007 7:40am
This is a good article...

It doesn't present some clue. It just shows that everybody is as clueless as we are....

Best thing in this market is when your sentiment is the entire market's. Instead of thinking one thing while everybody think otherwise

http://www.cnbc.com/id/20736836
  • #30,198
  • Sep 12, 2007 7:42am Sep 12, 2007 7:42am
And here comes the US Oil inventories that are likely to show that US cars will have to step back to Flintstones era by late 2007

  • #30,199
  • Sep 12, 2007 7:42am Sep 12, 2007 7:42am
my advise, we don't know what the fuck this market is doing so the best thing to do is stay the fuck out, ive seen many of traders blow there account when the market is acting like this, don't be one of them. oh yeah im still long. lol
If I Go Broke Trying Then I Will die happy.
  • #30,200
  • Sep 12, 2007 7:46am Sep 12, 2007 7:46am
Quoting cesarnc
This is a good article...

It doesn't present some clue. It just shows that everybody is as clueless as we are....

Best thing in this market is when your sentiment is the entire market's. Instead of thinking one thing while everybody think otherwise

http://www.cnbc.com/id/20736836
Like you said before a cut of .25 basis points won't be enough...I guess Greenspan prediction back in Feb/March of the US heading into a recession could be coming true.

You know Bernanke didn't like that back then....problem is...he still isn't listening.....
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