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Cable Update (GBPUSD)

  • #31,501
  • Sep 19, 2007 4:13am Sep 19, 2007 4:13am
Once we finish this c wave we will know if it is a trend reversal or not but we still have some more down movement, we might even make a new low, maybe, GODDAMM Elliot was a genious, His method has made me truck loads of money. Screw the fundamentals.
Just Trade It
  • #31,502
  • Sep 19, 2007 4:14am Sep 19, 2007 4:14am
Quoting bullrock
Moe I am not trying to teach you anything.... (Who told you my age?) I just told you what I have done. SL at BE now.
why or you yelling don't take it personal i was just fucking with you bro. smile be happy, later i gots to go.
If I Go Broke Trying Then I Will die happy.
  • #31,503
  • Sep 19, 2007 4:14am Sep 19, 2007 4:14am
still short extra + 50 pips waiting for my exit signal then i go get breakfast, very good day!
  • #31,504
  • Sep 19, 2007 4:16am Sep 19, 2007 4:16am
Quoting Moe
why or you yelling don't take it personal i was just fucking with you bro. smile be happy, later i gots to go.
I am not yelling either I just wanted your attention
.
  • #31,505
  • Sep 19, 2007 4:18am Sep 19, 2007 4:18am
What is this??? Whre is Soros JR??
Attached Image (click to enlarge)
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Kiyoski JR. "Time is your friend; impulse is your enemy."
  • #31,506
  • Sep 19, 2007 4:18am Sep 19, 2007 4:18am
Quoting Big Wave Rider
Once we finish this c wave we will know if it is a trend reversal or not but we still have some more down movement, we might even make a new low, maybe, GODDAMM Elliot was a genious, His method has made me truck loads of money. Screw the fundamentals.
no we will not make new low, ...u are dreaming in switzerland, wake up....its fresh and clear...what makes u feel we will see new lows....
its just money
  • #31,507
  • Sep 19, 2007 4:19am Sep 19, 2007 4:19am
Quote
GODDAMM Elliot was a genious

Did it say, sell cable here like this from the top ?

anyways, what is your personal advise here for me ? I'm badly confused here

Attached Image (click to enlarge)
Click to Enlarge Name: 19-sep.JPG Size: 26 KB
Hello World!
  • #31,508
  • Sep 19, 2007 4:23am Sep 19, 2007 4:23am
I go long now... Just for fun
.
  • #31,509
  • Sep 19, 2007 4:25am Sep 19, 2007 4:25am
Sept. 19 (Bloomberg) -- Bank of England policy makers said inflation risks have ``probably receded'' as they unanimously voted to leave the benchmark interest rate unchanged this month.

More...
  • #31,510
  • Sep 19, 2007 4:26am Sep 19, 2007 4:26am
30mis to go... long cable long... come on i know you can..give us another 100pips today
Kiyoski JR. "Time is your friend; impulse is your enemy."
  • #31,511
  • Sep 19, 2007 4:26am Sep 19, 2007 4:26am
for a while i have firmly believed that most of the numbers coming out of US are made up to form a story - i have been right most of the times - so here is what i think about the CPI and Housing Data

CPI - in reality this cannot be low - Inflation cannot be decreasing with rising money supply and rising oil and rising commodities. However i am sure that the CPI will come out low, probably even negative to give support to the fed story of tamed inflation for now. Else their 50bp cut will seem premature

If CPI does come out low - there should be a whipsaw - USD should go down and then back up pretty fast

Housing - This should come out pretty much between the range of 1.25 and 1.35 - this will not be good for the dollar in the short term.

For some reason i can almost smell a dollar recovery starting next week. Not sure what it is but the charts - they havent been able to break out on even a 50bp cut.

Thoughts anyone ?
  • #31,512
  • Sep 19, 2007 4:29am Sep 19, 2007 4:29am
CNBC's Jim Cramer, a very vocal advocate for a Fed cut, ceremoniously dumped the buzzer he pushed on his show that blasted the Fed with: "they know nothing. they know nothing" Now, "They know something," he says.

Cramer says the bull is back. "The shorts will not only be squeezed. They'll be bent, spindled and mutilated," he said on Mad Money.

  • #31,513
  • Sep 19, 2007 4:29am Sep 19, 2007 4:29am
Quoting ClockTrader
Did it say, sell cable here like this from the top ?

anyways, what is your personal advise here for me ? I'm badly confused here

Haha,,, figure that out for yourself...
.
  • #31,514
  • Sep 19, 2007 4:29am Sep 19, 2007 4:29am
GU 2.0615 ~ when will i see u again~
  • #31,515
  • Sep 19, 2007 4:34am Sep 19, 2007 4:34am
we are only 380 some odd pips away from last months low, no I am not talking about ALL TIME LOWS, just last months low and I said maybe as in, it is a possability, we are heading that way, the fibo expansions has levels down there.
Just Trade It
  • #31,516
  • Sep 19, 2007 4:35am Sep 19, 2007 4:35am
phuk should kept my shorts.... Whatever... This is just 0.3% risk trade...
.
  • #31,517
  • Sep 19, 2007 4:36am Sep 19, 2007 4:36am
Quoting Kiyosaki JR
30mis to go... long cable long... come on i know you can..give us another 100pips today
Dude, look at your chart and go w/ whatever it shows you!!! Good luck.
  • #31,518
  • Sep 19, 2007 4:36am Sep 19, 2007 4:36am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Today is nothing more than a typical GU post-interest rate retracement day it seems....
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #31,519
  • Sep 19, 2007 4:36am Sep 19, 2007 4:36am
Quote
Haha,,, figure that out for yourself...

looks like headed for 1.99XX zone for now
Hello World!
  • #31,520
  • Sep 19, 2007 4:39am Sep 19, 2007 4:39am
Quoting CWH
Today is nothing more than a typical GU post-interest rate retracement day it seems....
LOL... some retracement. 160 pips off the highs, erasing the news release gains
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