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Cable Update (GBPUSD)

  • #30,421
  • Sep 13, 2007 11:25am Sep 13, 2007 11:25am
Quoting BRForex
cable, nice zone for buy: (2.0240 to 2.0223) ... Time Frame = 1 h.


SL: 2.0080 ... Target. 2.0360...

I still UP for Time Frame = 1 H.
That would give a very bad R:R ratio. less than 1:1. U sure u want to do that trade??
  • #30,422
  • Sep 13, 2007 11:29am Sep 13, 2007 11:29am
Cable will probably act like this for the next couple of days, at least until Tuesday...
We could see a little action tomorrow, but I wouldn't count on much.
Just hang tight and wait for a clear move. If you just absolutely have to trade, just to trade, do it in a demo or keep your trades and stops small.


Quoting Kiyosaki JR
I don't know why cable act like this!!! I hate you cable!!!

I think for the past 2-3 weeks most of us lose right? Alot of zigzag... Up down up down... sideways...
  • #30,423
  • Sep 13, 2007 11:39am Sep 13, 2007 11:39am
Quoting MPP
MT4 demo gold oil dow, look in market watch for feeds or use a chart.

1. Download latest build from website http://www.metaquotes.net/files/mt4setup.exe

You can open a demo account on demo server:
Enter "Demo.Metaquotes.net:443" in the "Server:" field of the "Server" tab in the "Tools -> Options" menu. Click "Ok".
Then go to the "File -> Open an Account" menu and select "Demo.Metaquotes.net:443" at the second registration page.

2. MetaTrader 4 can connect to MetaTrader 4 Server. Ask your broker support team about trading via MetaTrader 4 Server.

hey thanx for this , much appreciated. Just one thing i dont get oil there i get dow and S and P and GOLD but no oil, is it hidden somewhre or am i just blind
  • #30,424
  • Sep 13, 2007 11:42am Sep 13, 2007 11:42am
cable got itself into the triangle again, and i can smell something , it maybe a breakout to the up side or another BS.
  • #30,425
  • Sep 13, 2007 11:58am Sep 13, 2007 11:58am
Quoting Kiyosaki JR
To all Muslim trader, Happy Fasting!
Quoting de123
today is ramadan, i read that yesterday...haapy whatever guys!
Quoting Moe
Much Love To All My Muslim Brother's Out There, Fast And Be Happy.
Quoting allserene
It's ramabamadingdong in Darwen Lancs but that's every thursday night....
Quoting bohogirl
Ramadan Kareem to all of our Muslim traders, friends and their families!

I will be missing it this year - I'm arriving to ME on the 13th of Oct - but I joined in the fast today (one day only for health reasons/waifishness)
Thanks alot everybody
WOW, there are alot of nice people here, God bless you all
trading while fasting is difficult especially when you are great smoker

also you cant say any bad word
even when you see the trade goes against you, all you must say is God bless you Cable

thanks again all nice people here
  • #30,426
  • Sep 13, 2007 12:01pm Sep 13, 2007 12:01pm
Quoting benssol
Thanks alot everybody
WOW, there are alot of nice people here, God bless you all
trading while fasting is difficult especially when you are great smoker

also you cant say any bad word
even when you see the trade goes against you, all you must say is God bless you Cable

thanks again all nice people here
aahahahaha ramadan kareem bro
Trade what you see, not what you think.
  • #30,427
  • Sep 13, 2007 12:08pm Sep 13, 2007 12:08pm
hate breakouts like that, doesnt give you chance to enter once its broken out WHERE IS THE FAMOUS PULLBACK
  • #30,428
  • Sep 13, 2007 12:12pm Sep 13, 2007 12:12pm
Quoting benssol
Thanks alot everybody
WOW, there are alot of nice people here, God bless you all
trading while fasting is difficult especially when you are great smoker

also you cant say any bad word
even when you see the trade goes against you, all you must say is God bless you Cable

thanks again all nice people here
I will help you out with that one - you can hint at what you would have said and I will say it for you but double - Especially if I have the same trade on !
best wishes and lots of skinny waists - I will also lay off the cheese and ginger biscuits but because I am too cheap to buy bigger pants.. Alan
  • #30,429
  • Sep 13, 2007 12:14pm Sep 13, 2007 12:14pm
Quoting lexazver
hate breakouts like that, doesnt give you chance to enter once its broken out WHERE IS THE FAMOUS PULLBACK
LOL.. cable crazy again... go figure...

My buy stops at 0305 triggered, now SL 0300 just in case... hmm you know... if it decides to go crazy over the crazyness

There's your pullback, 0327.... hope it not to be a reversal, though LOL
  • #30,430
  • Sep 13, 2007 12:20pm Sep 13, 2007 12:20pm
it seems it is forming a head and shoulders on the 1 hr chart.
  • #30,431
  • Sep 13, 2007 12:30pm Sep 13, 2007 12:30pm
Quoting karmostaji
aahahahaha ramadan kareem bro
Cable also having Ramadhan.. that's why unpredictable moves!
Kiyoski JR. "Time is your friend; impulse is your enemy."
  • #30,432
  • Sep 13, 2007 12:33pm Sep 13, 2007 12:33pm
Quoting Kiyosaki JR
Cable also having Ramadhan.. that's why unpredictable moves!

It's giving me unpredicatble bowel movements and that's without fasting!

What is it up to ?
Its walking around like a drunken fly...
  • #30,433
  • Sep 13, 2007 12:35pm Sep 13, 2007 12:35pm
There's a pin bar in full effect in EURGPB H4, right at a descending trendline in the weekly.

This pin-bar+trendline setup could prop cable to 0420s pretty fast, maybe more if EUR gets back above 3900.
  • #30,434
  • Edited 1:06pm Sep 13, 2007 12:45pm | Edited 1:06pm
Bulls & Bears

"The sharp and sudden moves we have seen this morning are indicative of the volatility we will see as we go into the Fed meeting and the quadruple witching expiration next week.

Much of the Street is short the market, and the sudden short covering moves indicate that shorts are indeed very nervous. Bulls say they have reason to be nervous."

********

Silence reigns in the house of the cable wounded .................
  • #30,435
  • Sep 13, 2007 1:15pm Sep 13, 2007 1:15pm
Now that the retrace has subsided and cleared out of the way, I think we should realistically see 2.0400 tomorrow. The uptrend still looks to be prevalent on the dailies. Just have to wait for the day's close to see for sure.
I dream, therefore I become.
  • #30,436
  • Sep 13, 2007 1:20pm Sep 13, 2007 1:20pm
Is this a dream ?

The world is in financial turmoil, LIBOR is at record levels above BOE rate, lenders are pulling back fast, the housing market is collapsing, US employment is dropping and oil is at 80 dollars and going up - and the DOW is going Up and UP and UP !!!!!!!

This has to be some sort of gin induced dream....

When DOW hit 14k we all said BULL - but I didnt have the guts to short it straight away and missed the first 300- is this another opportunity cooking ?
  • #30,437
  • Sep 13, 2007 1:20pm Sep 13, 2007 1:20pm
Quoting karmostaji
aahahahaha ramadan kareem bro
thanks brother, Alaho Akrm

Quoting allserene
I will help you out with that one - you can hint at what you would have said and I will say it for you but double - Especially if I have the same trade on !
best wishes and lots of skinny waists - I will also lay off the cheese and ginger biscuits but because I am too cheap to buy bigger pants.. Alan
Ok, I agree but remember the houses prices in the heaven is very very expensive

OMG the first cigarette after breaking is delicious
  • #30,438
  • Sep 13, 2007 1:41pm Sep 13, 2007 1:41pm
Quoting allserene
Is this a dream ?

The world is in financial turmoil, LIBOR is at record levels above BOE rate, lenders are pulling back fast, the housing market is collapsing, US employment is dropping and oil is at 80 dollars and going up - and the DOW is going Up and UP and UP !!!!!!!

This has to be some sort of gin induced dream....

When DOW hit 14k we all said BULL - but I didnt have the guts to short it straight away and missed the first 300- is this another opportunity cooking ?
well said mate

very dillusional world, everything is kept up by speculation but sooner or later it will have to give and when it happens at least no one will say that we were not expecting it )
  • #30,439
  • Sep 13, 2007 1:46pm Sep 13, 2007 1:46pm
Cable is crazy, maybe I'm crazy too but I just went long
Trade what you see, not what you think.
  • #30,440
  • Sep 13, 2007 1:58pm Sep 13, 2007 1:58pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
At last cable looks like it may have found it's climbing equipment,

Long @ 2.0300 from 7 sept TP open

lets take it to the top.
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