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Cable Update (GBPUSD)

  • #30,341
  • Sep 13, 2007 3:41am Sep 13, 2007 3:41am
This MF's hourly bar is completely a joke..

How could someone trade those log legs.. And this MF think they're sexy..
  • #30,342
  • Sep 13, 2007 3:42am Sep 13, 2007 3:42am
heh damn cable takes the stop and then reverses ) -15
  • #30,343
  • Sep 13, 2007 3:45am Sep 13, 2007 3:45am
Looks like another day of screaming and whining for cable players....

I'm on euro and Aud when cracked their big figures back....

cable in a wiiieeerrddd fashion - a-g-a-i-n
  • #30,344
  • Sep 13, 2007 3:53am Sep 13, 2007 3:53am
I really can't find any reason for cable actions, since yesterday and cable are making strange moves
  • #30,345
  • Sep 13, 2007 3:56am Sep 13, 2007 3:56am
Quoting dd33
This MF's hourly bar is completely a joke..

How could someone trade those log legs.. And this MF think they're sexy..




If life has taught you any lesson it should be to beware of long sexy legs. They'll make you do things you wish you hadn't.
Just Trade It
  • #30,346
  • Sep 13, 2007 3:58am Sep 13, 2007 3:58am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
been long AU EU all week loving it and GJ about to go long

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 31 KB


Broken the desending TL finally
  • #30,347
  • Sep 13, 2007 4:00am Sep 13, 2007 4:00am
euro is outperforming...how about buying euros instead of iraqi dinnars...
its just money
  • #30,348
  • Sep 13, 2007 4:09am Sep 13, 2007 4:09am
Quoting de123
euro is outperforming...how about buying euros instead of iraqi dinnars...
cable is outbullshitting. Dollar is going down the drain across the board (UJ exception on carry trades activity, as usual).....

If there was to be a "bias" today, it would be "dollar short" and you cannot trade this bias in cable, I have no idea WHY....
  • #30,349
  • Sep 13, 2007 4:17am Sep 13, 2007 4:17am
Quoting Big Wave Rider



If life has taught you any lesson it should be to beware of long sexy legs. They'll make you do things you wish you hadn't.
  • #30,350
  • Sep 13, 2007 4:28am Sep 13, 2007 4:28am
Trendline in the H4 right there, at lows 0200s...

But I will wait for a bouce off this TL to risk a long....... Could provide nice r:r
  • #30,351
  • Sep 13, 2007 4:33am Sep 13, 2007 4:33am
Quoting cesarnc
Trendline in the H4 right there, at lows 0200s...

But I will wait for a bouce off this TL to risk a long....... Could provide nice r:r
Chart
Attached Image
  • #30,352
  • Sep 13, 2007 4:34am Sep 13, 2007 4:34am
hello

is this fall for the cable my SL is reached for my yesterday long
  • #30,353
  • Sep 13, 2007 5:00am Sep 13, 2007 5:00am
From Daily FX

Strategy: [email protected] Layers of support have formed around 2.0200/2.0235 region, this should stem near-term corrective activities. Overall we expect a retest of the 2.0366 (September 12 high), above which will accelerate gains to 2.0400 (August 8 high). Daily momentum remains positive, reinforcing the overall bullish structure. (MM) 08:29 GMT
To laugh, to learn, and to teach!
  • #30,354
  • Sep 13, 2007 5:29am Sep 13, 2007 5:29am
damn it.... Treasurys spiked like 1 hour ago.. that's pushing dollar up right now...

again - NO IDEA why.
  • #30,355
  • Sep 13, 2007 5:53am Sep 13, 2007 5:53am
Quoting cesarnc
damn it.... Treasurys spiked like 1 hour ago.. that's pushing dollar up right now...

again - NO IDEA why.
Unbelievable... inbe-f'#$@$-lievable...

Just gave all me yesterday's profit back. the whole deal... Freaking trasuryes popping out of no-F@#$!$#@$@-WHERE....

You have to be a damn MACHINE to be able to look at all those potential nuclear weapons at the same time...

Euro, Swiss and AUD putting a U-turn on early morning moves.... Unbelievable....
  • #30,356
  • Sep 13, 2007 5:56am Sep 13, 2007 5:56am
Quoting cesarnc
Unbelievable... inbe-f'#$@$-lievable...

Just gave all me yesterday's profit back. the whole deal... Freaking trasuryes popping out of no-F@#$!$#@$@-WHERE....

You have to be a damn MACHINE to be able to look at all those potential nuclear weapons at the same time...

Euro, Swiss and AUD putting a U-turn on early morning moves.... Unbelievable....
im in a very same situation I dont understand this dollar bullishness against all BUT cable !
  • #30,357
  • Sep 13, 2007 6:05am Sep 13, 2007 6:05am
Quoting mades
im in a very same situation I dont understand this dollar bullishness against all BUT cable !
Yeah.. I was watching euro, swiss (that is in the verge of a rate hike), cable, dow futures, euro stocks, CNBC headlines, Bloomberg headlines.

All at the same time, like some crazy moron...

Then I was hit "let me check on treasury" - 1 HOUR LATER!!!!!!!!!!!!!!!!

Monstrous spike out of nowhere at 5am EST sharp, like some curse coming in a countdown...

What now? Damn SILVER or SUGAR CANE is going to spike, too????
  • #30,358
  • Sep 13, 2007 6:09am Sep 13, 2007 6:09am
None of this is dollar bullishness - its simple risk aversion - the markets have priced in a 50bp rate cut already - now some feel its overdoing it and cutting back on their positions - I lost a lot on Pound long as well and have closed the position now - waiting to re-enter as there is only one way for GBP to go - thats up - but maybe after a little ride down to the 20100 level
  • #30,359
  • Sep 13, 2007 6:14am Sep 13, 2007 6:14am
Quoting gmohata
None of this is dollar bullishness - its simple risk aversion - the markets have priced in a 50bp rate cut already - now some feel its overdoing it and cutting back on their positions - I lost a lot on Pound long as well and have closed the position now - waiting to re-enter as there is only one way for GBP to go - thats up - but maybe after a little ride down to the 20100 level
Possibly... But I wasn't seen so much volatility coming, not for today or for the week....

Well, I'll be back to the market on re-crack of 3900, Aud 8400 and cable 0300... Gonna trade big figures only...
  • #30,360
  • Sep 13, 2007 6:19am Sep 13, 2007 6:19am
This is the SOB...

Looks like - now the funny part - it's going to... REVERSE!!!!

Needing my AK-47 already...
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