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Cable Update (GBPUSD)

  • #32,201
  • Sep 21, 2007 11:06am Sep 21, 2007 11:06am
Quoting de123
hm....
nice articel...
http://www.economist.com/opinion/dis...ory_id=9833056

Gd Sharing.. I really felt that he was bullied.. I did post a comment somewhere in the forum... Ben and the FED is like a sacrificial little lamb sent out to slaughter by the government..
  • #32,202
  • Edited 11:19am Sep 21, 2007 11:09am | Edited 11:19am
Quoting bullrock
It is really not difficult to determine the trend... LOL (You do not need inidcators for that. LOL) Look at the chart if you have on average higher highs and higher lows you have an uptrend. Also take a period, say 3 months if right of the chart is higher than left of the chart, guess what, it is an uptrend....
I just colour my charts with RSI and MAs, I do not really use them because I trade quantitatively ie statiticla probabilities. The only thing I might consider trednlines but those just to support my ideas....
lol... to each his own. but thanks for the 1kt tip.
normally i like to "draw" .. indicators are to support my decision..
  • #32,203
  • Sep 21, 2007 11:15am Sep 21, 2007 11:15am
Quoting leachimeewg
lol... to each his own. but thanks or the 1kt tip.
normally i like to "draw" .. indicators are to support my decision..

Yes OK, You're welcome... I know that everyone needs to find that suits best his personality so that is ok. The trading style that suits best his personality. I am this way as I described just let the forum know Just to give ideas.. Just trying to help.
.
  • #32,204
  • Sep 21, 2007 11:18am Sep 21, 2007 11:18am
Quoting bullrock

Yes OK, You're welcome... I know that everyone needs to find that suits best his personality so that is ok. The trading style that suits best his personality. I am this way as I described just let the forum know Just to give ideas.. Just trying to help.
Thanks bullrock. I really do admire ppl who genuinely want to help instead of passing some fascist remark you've got my stamp of approval.

I hope I wasn't rude about anything.
  • #32,205
  • Sep 21, 2007 11:24am Sep 21, 2007 11:24am
To those who long CAD....
This is really dangerous... Look at that really strong and clean downtrend... If you piss against the wind you will piss yourself. There is no confirmation whatsoever on the dailies for reversal... What do you predict there?? What if CAD slides to say 0.6000 You never know do you..?? Just my 2 cents...
.
  • #32,206
  • Sep 21, 2007 12:11pm Sep 21, 2007 12:11pm
well nice weekend guys I need some rest...
its just money
  • #32,207
  • Sep 21, 2007 12:17pm Sep 21, 2007 12:17pm
Quote
P/L (September) : +12.136%
wooohhh, around 8% in 2 days
man you rock, thats like my boy
Hello World!
  • #32,208
  • Sep 21, 2007 12:17pm Sep 21, 2007 12:17pm
Quoting de123
well nice weekend guys I need some rest...
You too
.
  • #32,209
  • Sep 21, 2007 12:18pm Sep 21, 2007 12:18pm
Quoting Warper
I don't know about MacDonalds but lets see...

Acording to some calculations, the pressure in the soil in the entire China, might increase 6 Tons average per KM2 in one year, if the entire population starts to eat Big Macs.

Considering that most of the ppl live in the city...

...Cement, concrete and Steel companies might profit from the reinforcement of the soil in some areas, caused by a overweight population.

Conclusion... MacDonalds Helps Construction Companies in China. Thats why they are rising 10% year! Its a vicious cycle.

Lets start one company?
hey warper
I found an article that may be interesting to you

Economists Don’t Make Good Traders

lol :

read it and tell what you think
  • #32,210
  • Sep 21, 2007 12:18pm Sep 21, 2007 12:18pm
Down for the count...

Sept. 21 (Bloomberg) -- HSBC Holdings Plc, Europe's biggest bank, said it will close its Decision One subprime mortgage unit in the U.S., eliminating 750 jobs.

It's going to very interesting if, just after the Double Big Rate Cut, we go on and on and on reading those headlines...
  • #32,211
  • Sep 21, 2007 12:19pm Sep 21, 2007 12:19pm
Quoting ClockTrader
wooohhh, around 8% in 2 days
man you rock, thats like my boy
Today was frenetic with GJ... I have risked 3% there and banked 7% on that alone.... I have dropped below this morning with my looser GJ trades. 5% i havent posted that .
.
  • #32,212
  • Sep 21, 2007 12:24pm Sep 21, 2007 12:24pm
Quoting cesarnc
Down for the count...

Sept. 21 (Bloomberg) -- HSBC Holdings Plc, Europe's biggest bank, said it will close its Decision One subprime mortgage unit in the U.S., eliminating 750 jobs.

It's going to very interesting if, just after the Double Big Rate Cut, we go on and on and on reading those headlines...
Well probably they want to concentarte on the 1.6 billion burger eater chinese market
.
  • #32,213
  • Sep 21, 2007 12:30pm Sep 21, 2007 12:30pm
Quoting bullrock
Well probably they want to concentarte on the 1.6 billion burger eater chinese market
From subprime borrower to subprime burger eater
  • #32,214
  • Sep 21, 2007 12:33pm Sep 21, 2007 12:33pm
I miss the freaky friday move ...

And I'm so boring watch sidelines ...

Guess what? W E E K E N D ....

Bye everyone... meet you in monday ....
To be or not to be, that's the question
  • #32,215
  • Sep 21, 2007 12:56pm Sep 21, 2007 12:56pm
Gone for the beach... nice weekend you all

http://www.crazy-jokes.com/pictures/bald.jpg
  • #32,216
  • Sep 21, 2007 1:00pm Sep 21, 2007 1:00pm
seeya cesar
  • #32,217
  • Sep 21, 2007 2:38pm Sep 21, 2007 2:38pm
this sideways is very boring, I'm gona hit bed now, 1:10 am here

have fun, bye !
Hello World!
  • #32,218
  • Sep 21, 2007 4:22pm Sep 21, 2007 4:22pm
Since its summit around July 24, cable has been making lower lows and lower highs....considering the latest dovish talking and so-so news from the UK, is it reasonable to believe that the trend has changed ????
For he that would be deceived, let him.
  • #32,219
  • Sep 21, 2007 4:28pm Sep 21, 2007 4:28pm
I'd say cable hasn't decided just yet. Last tuesday 9/18/07 was a higher low. So if the previous wednesday 9/12/07 high is taken out then uptrend is continuing. If tuesday's higher low does not hold, well then down we go to test 1.9650 again.
  • #32,220
  • Sep 21, 2007 4:49pm Sep 21, 2007 4:49pm
Quoting cesarnc
Gone for the beach... nice weekend you all

http://www.crazy-jokes.com/pictures/bald.jpg

Cesar, i just realize that your head is no hair.........
Btw what u doing in there ?
I Deeply Love My Virtual Life In Virtual World , RLC
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