QuoteDislikedI am long, stay long, will be long as long as I am long.
today I had every temptation to go short cable, but just left it under scare, wow, I was prolly lucky, lolz
aren't u +100% now ? man, u ever go wrong ?
Hello World!
Cable Update (GBPUSD)
- #32,981
- Sep 27, 2007 7:23am Sep 27, 2007 7:23am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
Hello World!
- #32,982
- Sep 27, 2007 7:23am Sep 27, 2007 7:23am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
I quit commenting on euro already. Too damn strong a move. The more it goes up, however, the poorer the r:r to longs, the sooner we will find profit takers. So go long euro now (for higher terms) is not a good idea imo.
I`m much more bound to add HIS disclaimer to my signature LOLLLL....
*******
Today I've seen the first EW count that really made sense to me, as it was done in July calling euro 1.40 by mid-september.... Awesome work...
The good news: wave 4 calls euro 1.30 by March-April 2008That's a r:r to bear in mind...
HOLY CRAP. CEASER, E.W, OH MY GOD I AM GOING TO FAINT:
Just Trade It
- #32,983
- Sep 27, 2007 7:24am Sep 27, 2007 7:24am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
I quit commenting on euro already. Too damn strong a move. The more it goes up, however, the poorer the r:r to longs, the sooner we will find profit takers. So go long euro now (for higher terms) is not a good idea imo.
I`m much more bound to add HIS disclaimer to my signature LOLLLL....
*******
Today I've seen the first EW count that really made sense to me, as it was done in July calling euro 1.40 by mid-september.... Awesome work...
The good news: wave 4 calls euro 1.30 by March-April 2008
Cesar, i'll let you use my disclaimer spread free.. lol..
I'll be here to
with you when euro comes to 1.30 
- #32,984
- Sep 27, 2007 7:26am Sep 27, 2007 7:26am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
today I had every temptation to go short cable, but just left it under scare, wow, I was prolly lucky, lolz
aren't u +100% now ? man, u ever go wrong ?
its bullrock..
not bearrock... its the nick.
heck you could change your name to BearTrader and i bet my pips you'll be making A+ calls when the market unwinds.
:
- #32,985
- Sep 27, 2007 7:27am Sep 27, 2007 7:27am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
HOLY CRAP. CEASER, E.W, OH MY GOD I AM GOING TO FAINT:
I never said it EW doesn't work. I just think it is impossible to trade, specially in the smaller timeframes.
But since this guy's count went so well both at the price area and the timespan, I think it's an EW to bear in mind. Gonna ask him if he allows me to show the chart here.
- #32,986
- Sep 27, 2007 7:28am Sep 27, 2007 7:28am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
when the market goes short..
its bullrock..
not bearrock... its the nick.
heck you could change your name to BearTrader and i bet my pips you'll be making A+ calls when the market unwinds.
I think he is lost somewhere counting his booty :-)
Hello World!
- #32,987
- Sep 27, 2007 7:38am Sep 27, 2007 7:38am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
LOL.. I know...
I never said it EW doesn't work. I just think it is impossible to trade, specially in the smaller timeframes.
But since this guy's count went so well both at the price area and the timespan, I think it's an EW to bear in mind. Gonna ask him if he allows me to show the chart here.
E.W is not good to trade unless you spent years studying it, and it does take years to master, However it is good to be a student of E.W and use it for observation pourpose only. I try to identify a wave count, and then observe where it may go next and how far it will go, but I never trade my count. I have been right a few times and I have been wrong a few times and only once did my count and prediction come true right down to the very pip.
Just Trade It
- #32,989
- Sep 27, 2007 7:45am Sep 27, 2007 7:45am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Its just a matter of time to go south park.. lol.. i'm just waiting to unwind some of my positions.. lol..
Cesar, i'll let you use my disclaimer spread free.. lol..
I'll be here to
Let's see: 1 standard x 1,000 pips average...
- #32,992
- Sep 27, 2007 7:50am Sep 27, 2007 7:50am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
LOL.... Nice...
Let's see: 1 standard x 1,000 pips average...
... for now... 
but you'll need to factor the swaps in too...
i wonder if those news traders reversed positions and go dollar long? i got this eerie feeling that new home sale figures will be busting everyone's dollar long positions.
- #32,993
- Sep 27, 2007 7:55am Sep 27, 2007 7:55am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
I'm not a big time trader.. only 3 lots
but you'll need to factor the swaps in too...
i wonder if those news traders reversed positions and go dollar long? i got this eerie feeling that new home sale figures will be busting everyone's dollar long positions.
Guys holding dollar bills now are saving them to auction at Sotheby's as relic
- #32,994
- Sep 27, 2007 7:57am Sep 27, 2007 7:57am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
dollar long? LOL... With USD index at 78?....
Guys holding dollar bills now are saving them to auction at Sotheby's as relic
:
- #32,995
- Sep 27, 2007 8:07am Sep 27, 2007 8:07am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
LOL.. my friend, that includes China and Japan's Central Bank.
- #32,996
- Sep 27, 2007 8:14am Sep 27, 2007 8:14am
I'm not a big time trader.. only 3 lots
but you'll need to factor the swaps in too...
i wonder if those news traders reversed positions and go dollar long? i got this eerie feeling that new home sale figures will be busting everyone's dollar long positions.
- #32,997
- Sep 27, 2007 8:16am Sep 27, 2007 8:16am
Hey Cesar 
I just wanted to correct something by your explains about my count - I expect march/april 2008 eurusd to go til 1.45.I expect this week or next week to start a correction til 1.30/1.31 which will end before December.
So guys - get ready for the sell-off
cya
I just wanted to correct something by your explains about my count - I expect march/april 2008 eurusd to go til 1.45.I expect this week or next week to start a correction til 1.30/1.31 which will end before December.
So guys - get ready for the sell-off
cya
- #32,998
- Sep 27, 2007 8:17am Sep 27, 2007 8:17am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Yes... Some bored billionaire would love to pay $100 million for a $100 facevalue note once held by China.
you know the ones, after the count to say $5000.00 they bundle them up and stamp $5000.00 on them but also has all the chinese writing on them.
Priceless
- #32,999
- Sep 27, 2007 8:19am Sep 27, 2007 8:19am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Hey Cesar
I just wanted to correct something by your explains about my count - I expect march/april 2008 eurusd to go til 1.45.I expect this week or next week to start a correction til 1.30/1.31 which will end before December.
So guys - get ready for the sell-off
cya
Hi Mr cable
could you please also add this comment to the EUR USD thrad and explain how the count was made, i don't even see 1.30 on my charts, so would be very interested in your theories.
MPP