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Cable Update (GBPUSD)

  • #33,361
  • Sep 30, 2007 9:00pm Sep 30, 2007 9:00pm
Quote
what's your long term view people?

someone here said switch to D1 or W1 and ask a 7 yr old kid

no offense
Hello World!
  • #33,362
  • Sep 30, 2007 9:08pm Sep 30, 2007 9:08pm
Quoting ClockTrader
someone here said switch to D1 or W1 and ask a 7 yr old kid

no offense
sorry I havnt any kids here and didn't have this fabulous great wisdom

I will look for a kid from any near kindergarten
sorry for asking
  • #33,363
  • Sep 30, 2007 9:15pm Sep 30, 2007 9:15pm
Quote
sorry I havnt any kids here and didn't have this fabulous great wisdom

I will look for a kid from any near kindergarten
sorry for asking

ohh man, com'n, trust me, someone actually said here like that, there were guys here arguing

OK, NOW Listen, since u're pissed, I'd give ya my personal advise and try to cheer ya up

Do not focus on long term trend right now, trade at ur own risk, hope it helps !
Hello World!
  • #33,364
  • Sep 30, 2007 10:44pm Sep 30, 2007 10:44pm
Awww.. man.. why we got so many "friction" around here.. Chill out.. cool off ur head.. read with some sense of humor.. dont take anything as a personal attack..
  • #33,365
  • Oct 1, 2007 12:06am Oct 1, 2007 12:06am
Where's everybody gone? Used to have lots of ppl here. Anyway... is there any chance for the Cable to drop to 50% retracement today? I shorted last Friday at 2.0340. Duhhhh!!!! Bleeding heavily now
Made In Malaysia
  • #33,366
  • Oct 1, 2007 12:33am Oct 1, 2007 12:33am
Quote
I shorted last Friday at 2.0340. Duhhhh!!!! Bleeding heavily now

I lost huge late last week too, trying to short cable
Hello World!
  • #33,367
  • Oct 1, 2007 12:45am Oct 1, 2007 12:45am
I didn't take lost last Friday... I did locking. I unlocked it earlier on for small profit and let the short position float again. Now my heart pounding eradically... just like the 15min chart
Made In Malaysia
  • #33,368
  • Oct 1, 2007 1:17am Oct 1, 2007 1:17am
Quoting mcmartins
at this point in time what do u think og the GU? i think is going to be bearish. i just want to know your opinion, sharing ideal give chance for a better decission. thanks.
?????? why is it going bearish ?????? Do yourself a favor...contemplate on doing this, if it corrects, go long. The chart is not bearish, look again.
  • #33,369
  • Edited 2:07am Oct 1, 2007 1:22am | Edited 2:07am
cable may be 2.0500. The price touched 2.0490. If Euro is weak, cable may be weak.
  • #33,370
  • Oct 1, 2007 1:25am Oct 1, 2007 1:25am
Awwww... "pissing against the wind".... Not me
.
  • #33,371
  • Oct 1, 2007 1:28am Oct 1, 2007 1:28am
Quoting ClockTrader
ohh man, com'n, trust me, someone actually said here like that, there were guys here arguing

OK, NOW Listen, since u're pissed, I'd give ya my personal advise and try to cheer ya up

Do not focus on long term trend right now, trade at ur own risk, hope it helps !
Don't attack Benssol. He didn't insult you.
  • #33,372
  • Oct 1, 2007 1:32am Oct 1, 2007 1:32am
A trendline was broken on Friday that was formin 24th of July with a terrible power. Can someone, SOMEONE, tell me. why, WHY, someone is shorting the GU? It is like getting out all your money out of the bank in cash and then throw it all away from the top of a skyscraper!!!
.
  • #33,373
  • Oct 1, 2007 1:34am Oct 1, 2007 1:34am
Quoting jest1081
?????? why is it going bearish ?????? Do yourself a favor...contemplate on doing this, if it corrects, go long. The chart is not bearish, look again.
Cable is bullish rite now.. but i think some people are looking for a retracement here.. im thinking a retest on the previous broken TL is still not ruled out yet. But of course.. buying on dips is much better than shorting imo.
  • #33,374
  • Oct 1, 2007 1:35am Oct 1, 2007 1:35am
Quoting bullrock
A trendline was broken on Friday that was formin 24th of July with a terrible power. Can someone, SOMEONE, tell me. why, WHY, someone is shorting the GU? It is like getting out all your money out of the bank in cash and then throw it all away from the top of a skyscraper!!!
Like Cesarnc said, maybe the BoE wants to cut its interest rate.

Other reason: Euro starts weaker (maybe Trichet will speak one hour later).
  • #33,375
  • Oct 1, 2007 1:40am Oct 1, 2007 1:40am
Quoting santoso
Like Cesarnc said, maybe the BoE wants to cut its interest rate.

Other reason: Euro starts weaker (maybe Trichet will speak one hour later).
But that is all just whistling, rumour or whatever... LOOK AT THE CHART, the current price action... Who buys/sells the rumor... I am outta from ... See ya later....
.
  • #33,376
  • Oct 1, 2007 1:43am Oct 1, 2007 1:43am
Yeah... I know it's bullish... unlocked earlier on to take some small profit out of my long position. Now back to square one.... I juz lock it again. Arghhhhhh
Made In Malaysia
  • #33,377
  • Oct 1, 2007 2:02am Oct 1, 2007 2:02am
Quoting ClockTrader
I lost huge late last week too, trying to short cable

You got company:

http://fxegypt.com/forum/showthread.php?t=4346

He shorted 5 lots @ 2.0111 and not letting go.
  • #33,378
  • Oct 1, 2007 2:05am Oct 1, 2007 2:05am
Quote
Yeah... I know it's bullish... unlocked earlier on to take some small profit out of my long position. Now back to square one.... I juz lock it again. Arghhhhhh

yea man, its toooo hot to play with, burns hands all the time, lolz, never mind its FX

Quote
You got company:

http://fxegypt.com/forum/showthread.php?t=4346

He shorted 5 lots @ 2.0111 and not letting go.

well, I just lost 50% of my floating profit, BUT that sucks a lot
Hello World!
  • #33,379
  • Oct 1, 2007 2:32am Oct 1, 2007 2:32am
Past half and hour have seen an increase in volatilty for cable, 10 min bars are showing and inside bar, a small reversal signal...lets see how this plays out.
  • #33,380
  • Oct 1, 2007 2:54am Oct 1, 2007 2:54am
Important lesson that I've learn for the past few days... start from now on I will never let my itchy hand click buy or sell on opposite direction of the market and hoping for a retracement. I will wait... and wait... and wait... to get a good price to buy on dip.

WAIT FOR THE RETRACEMENT... THEN ACTION!!!
Made In Malaysia
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