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Cable Update (GBPUSD)

  • #31,361
  • Sep 18, 2007 1:44pm Sep 18, 2007 1:44pm
What'd I tell you?
My hunches are pretty much 100% wrong!
I say 'no rate cut', they cut full .50!!!

Knowing this, I went long last night. My 'I'm always wrong' signal to go long was confirmed by Soros Jr. saying it'll go further down - pretty strong long signal if you ask me!
Ah... nothing like waking up to a bunch of pips

Good morning world!
Cable is my sugardaddy
  • #31,362
  • Sep 18, 2007 1:44pm Sep 18, 2007 1:44pm
Quoting Warper
Yesterday....




LoL i were right.



Btw... my consideration about Bernanke dropped completly. He is not as strong as i thought! He is the kind of person that goes to the bed almost crying about the problems.

Long GU 2.0065

It might retrace i don't know, but... hey i'm adding all of this to my experience. Central Banks are not about nothing. Are about pressure... from the others. Period
Cīmon, Warper leave the man alone, will'ya? I would have cut 1% if I was having the diarrhea Bernanke was undergoing

  • #31,363
  • Sep 18, 2007 1:45pm Sep 18, 2007 1:45pm
Well...since my money is stuck on shorts I can just pray that cable will not go to high !!!!
For he that would be deceived, let him.
  • #31,364
  • Sep 18, 2007 1:45pm Sep 18, 2007 1:45pm
Once the markets digest that US is going into a recession everything might change. Divergences everywhere!!!
  • #31,365
  • Sep 18, 2007 1:47pm Sep 18, 2007 1:47pm
Quoting pino2
My broker did it before in the NFP day and now it happened again, I missed both moves
I'm thinking to change my broker, until then I won't enter any trade, this is extreme BS
i have sold all us shares but 1, and buy euros,...on a long run i might win more...dolars are dumped...1.44 a must.
its just money
  • #31,366
  • Sep 18, 2007 1:50pm Sep 18, 2007 1:50pm
What a day!!!!!!!!!!!
5 trades were closed @ BE, and 2 trades with loss -32 pips
and my broker didn't allow me to open any trade during the news, I'm extremely disappointed, I'll collect my money from my broker, and seriously I will stop trading, I'll give myself a rest, I'm on a daily pressure
See you all in peace, and wishing you all success
I quit
  • #31,367
  • Sep 18, 2007 1:50pm Sep 18, 2007 1:50pm
This 1H candle is huge
.
  • #31,368
  • Sep 18, 2007 1:51pm Sep 18, 2007 1:51pm
Quoting Luffy
Once the markets digest that US is going into a recession everything might change. Divergences everywhere!!!
Short gold, huh??
  • #31,369
  • Sep 18, 2007 1:52pm Sep 18, 2007 1:52pm
pausing at 50 fibo line
Just Trade It
  • #31,370
  • Sep 18, 2007 1:52pm Sep 18, 2007 1:52pm
Quoting pino2
What a day!!!!!!!!!!!
5 trades were closed @ BE, and 2 trades with loss -32 pips
and my broker didn't allow me to open any trade during the news, I'm extremely disappointed, I'll collect my money from my broker, and seriously I will stop trading, I'll give myself a rest, I'm on a daily pressure
See you all in peace, and wishing you all success
I quit
Pino...don't give up, just find another broker. try FXSol or something, but don't give up.....just take it as a lesson learned on what brokers to not deal with.
  • #31,371
  • Sep 18, 2007 1:52pm Sep 18, 2007 1:52pm
[DJ] William O'Donnell, rates strategist at UBS Securities, says one word in the FOMC statement stands out for him - 'some.' In the statement, the Fed said the decision was "intended to help forestall some of the adverse effects on the broader economy..." The word 'some' indicates "they acknowledge there are bigger pressures out there and leaves the door open for more cuts in fed funds going forward," O'Donnell said. That will keep Tsys yield curve trading steeper, he says. "The door is open for more," O'Donnell said, adding that he is now looking for 50bps more in Fed funds by year end.
  • #31,372
  • Sep 18, 2007 1:53pm Sep 18, 2007 1:53pm
Quote
Well...since my money is stuck on shorts I can just pray that cable will not go to high !!!!

no hedge, no SL ? now thats bad !
Hello World!
  • #31,373
  • Sep 18, 2007 1:53pm Sep 18, 2007 1:53pm
Quoting bullrock
This 1H candle is huge
Trade it.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #31,374
  • Sep 18, 2007 1:54pm Sep 18, 2007 1:54pm
Quoting pino2
What a day!!!!!!!!!!!
5 trades were closed @ BE, and 2 trades with loss -32 pips
and my broker didn't allow me to open any trade during the news, I'm extremely disappointed, I'll collect my money from my broker, and seriously I will stop trading, I'll give myself a rest, I'm on a daily pressure
See you all in peace, and wishing you all success
I quit
who is your broker??
  • #31,375
  • Sep 18, 2007 1:54pm Sep 18, 2007 1:54pm
Quoting pino2
What a day!!!!!!!!!!!
5 trades were closed @ BE, and 2 trades with loss -32 pips
and my broker didn't allow me to open any trade during the news, I'm extremely disappointed, I'll collect my money from my broker, and seriously I will stop trading, I'll give myself a rest, I'm on a daily pressure
See you all in peace, and wishing you all success
I quit





Youll be back. You cant give up, Your addicted, just wait until the withdrawl symptons start. You'll be back.
Just Trade It
  • #31,376
  • Sep 18, 2007 1:57pm Sep 18, 2007 1:57pm
Quoting SunTrader
Short gold, huh??
500 before 900...poor guy, and now he will dimish like free444 and soros will soon return back i guess....
its just money
  • #31,377
  • Sep 18, 2007 1:58pm Sep 18, 2007 1:58pm
InterbankFX had the spread at 20+ pips even 5 minutes afte the report plus it took several seconds to proccess the order. Not happy with them today....
  • #31,378
  • Sep 18, 2007 2:00pm Sep 18, 2007 2:00pm
Quoting FrankTheTank
InterbankFX had the spread at 20+ pips even 5 minutes afte the report plus it took several seconds to proccess the order. Not happy with them today....
OMG 20??
  • #31,379
  • Sep 18, 2007 2:01pm Sep 18, 2007 2:01pm
Quoting Luffy
Once the markets digest that US is going into a recession everything might change. Divergences everywhere!!!
yes i am going to wait for the penny to drop that this is serious stuff man

shorting the DOW

Everyone says they are out of forex until after the announcement

announcement comes and it zooms up and then they all come on here gloating about how they all had huge longs on through the announcement !

bah humbug

I came in at 74 and i am ok but not rich

my DOW short will keep me drunk for a month - you see

these economies are hurting faster than the stats can follow them - Benny knows that, you know that and I know that.. the stats are all about what happened before the roof fell in
  • #31,380
  • Sep 18, 2007 2:02pm Sep 18, 2007 2:02pm
Quoting FrankTheTank
InterbankFX had the spread at 20+ pips even 5 minutes afte the report plus it took several seconds to proccess the order. Not happy with them today....
Yes... During the first pullback I had to stay with the order screen opened for like 3-4 minutes watching the spread. Reached 15 in euro!!!

When droped to 6 I had to go in...

But whatta hell? Brokers are just other lions we have to kill everyday here...
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