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Cable Update (GBPUSD)

  • #34,161
  • Oct 5, 2007 4:05am Oct 5, 2007 4:05am
Quoting de123
hm...this is harder, i gues above 10b, aprox 12-14 and u?...
Well, if I'm to judge anything by my daily mail and 'offers' I keep getting from my existing credit cards (and invitations to new ones), I would say above 10b - but I'm more on the 'slightly above' rather than way up there close to 14 (that would be almost double of last month!).
Seriously, you only need to look at my daily mail to see the desperation - it's 'borrow borrow borrow, here's introductory 0% rate' or '1.99% for the life of balance' 'borrow borrow borrow'. And the examples of 'hey, look at what you could spend this money on' could not be more frivolous (i.e., today's listed top 5, and number one was 'new boots... sweaters... just fill your closets' - not kidding you!). It almost makes me think there's a conspiracy - sort of 'whoops, consumer spending is down, lets make it a little easier for them to spend money they don't have'

(btw, I'm saving all those 'offers', and one day, when I file for bankruptcy, I'm going to use them as evidence that it wasn't my fault - that I was pressured and such
Cable is my sugardaddy
  • #34,162
  • Oct 5, 2007 4:05am Oct 5, 2007 4:05am
Quoting bullrock
Now I can support 100+ swings easily... I am shooting for 500-800 pips...
GO BIG OR GO HOME
now thats a bad boy, no going home friend, no going home, just not at all, there is no other way, only way is GO BIG

we become what we think, so always B+

Quoting bullrock
No worries CT... I am here, I will be here, I am not gonna let you down... Yeah I went to bed I've slept for 10 hours or so... This weekly/daily is less stressfull...
How r u my friend...
I think I might do fine today as long as I don't press the buy/sell buttons, u know well, how I lost half of last month's booty last friday, actually I happen to lose on fridays, so I think I'll better keep off. I have some old positions, I'll let them float, so lets see how this friday treats me.
Hello World!
  • #34,163
  • Oct 5, 2007 4:09am Oct 5, 2007 4:09am
Quoting bullrock
Now I can support 100+ swings easily... I am shooting for 500-800 pips...
GO BIG OR GO HOME
I am new and fed up trying to scalp. I am always in the wrong direction, but with the weekly for direction and the 1h for timing I am doing much better. Timing a long now, aiming for 2.0500 next week some time. Am I right?
  • #34,164
  • Oct 5, 2007 4:19am Oct 5, 2007 4:19am
Quoting ClockTrader
now thats a bad boy, no going home friend, no going home, just not at all, there is no other way, only way is GO BIG

we become what we think, so always B+
What do you mean? Why I am a bad boy buy shooting for big and not bothering with small scalps and daytrades? I do not get it man? I am not going home I do trade but with less stress.

Quoting ClockTrader
I think I might do fine today as long as I don't press the buy/sell buttons, u know well, how I lost half of last month's booty last friday, actually I happen to lose on fridays, so I think I'll better keep off. I have some old positions, I'll let them float, so lets see how this friday treats me.
Well usually a Friday is a looser to me too. But now Friday is just another day. Leave floating your positions. And will be fine (Leave a catastrophic SL though)
.
  • #34,165
  • Oct 5, 2007 4:23am Oct 5, 2007 4:23am
Quoting bohogirl
Well, if I'm to judge anything by my daily mail and 'offers' I keep getting from my existing credit cards (and invitations to new ones), I would say above 10b - but I'm more on the 'slightly above' rather than way up there close to 14 (that would be almost double of last month!).
Seriously, you only need to look at my daily mail to see the desperation - it's 'borrow borrow borrow, here's introductory 0% rate' or '1.99% for the life of balance' 'borrow borrow borrow'. And the examples of 'hey, look at what you could spend this money on' could not be more frivolous (i.e., today's listed top 5, and number one was 'new boots... sweaters... just fill your closets' - not kidding you!). It almost makes me think there's a conspiracy - sort of 'whoops, consumer spending is down, lets make it a little easier for them to spend money they don't have'

(btw, I'm saving all those 'offers', and one day, when I file for bankruptcy, I'm going to use them as evidence that it wasn't my fault - that I was pressured and such

well said,...so we agree the numbers will be 11.5-12.5b
its just money
  • #34,166
  • Oct 5, 2007 4:24am Oct 5, 2007 4:24am
Quoting bullrock
What do you mean? Why I am a bad boy buy shooting for big and not bothering with small scalps and daytrades? I do not get it man? I am not going home I do trade but with less stress.
What I mean is you shud have said it like this:

GO BIG, there is no other way :-D


Quote
Well usually a Friday is a looser to me too. But now Friday is just another day. Leave floating your positions. And will be fine (Leave a catastrophic SL though)

yea, thats all set right ;-)
Hello World!
  • #34,167
  • Oct 5, 2007 4:36am Oct 5, 2007 4:36am
Allright back from my workout and meditation, my aussie pairs are doing good. Long aussie.
Just Trade It
  • #34,168
  • Oct 5, 2007 4:36am Oct 5, 2007 4:36am
Quoting ClockTrader
What I mean is you shud have said it like this:

GO BIG, there is no other way :-D




yea, thats all set right ;-)
Okay
GO BIG OR GO HOME, THERE IS NO OTHER WAY!!!!
.
  • #34,169
  • Oct 5, 2007 4:45am Oct 5, 2007 4:45am
Quoting bullrock
Okay
GO BIG OR GO HOME, THERE IS NO OTHER WAY!!!!

You can of course go huge, or ginormous but the risk is death or worse.

OR, you can be a spectator and just sit there in the stands watching the people going big , huge or ginormous.

OR you could be the announcer, anouncing the people going, Oh nevermind.
Just Trade It
  • #34,170
  • Oct 5, 2007 4:47am Oct 5, 2007 4:47am
Quoting bullrock
Okay
GO BIG OR GO HOME, THERE IS NO OTHER WAY!!!!
you don't impress me much !!!
Hello World!
  • #34,171
  • Oct 5, 2007 4:53am Oct 5, 2007 4:53am
Quoting ClockTrader
you don't impress me much !!!
The other way....
rock, sex, alcohol, drugs, caffeine tablets.... 1:400 leverage, fully loaded with positions no matter what direction and scalp like an idiot...
.
  • #34,172
  • Oct 5, 2007 4:54am Oct 5, 2007 4:54am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Short on GU, current support look to be around .0320, if that breaks i see .0265 area as next target. just my opinion. oh and i am always wrong so go long. LOL
  • #34,173
  • Oct 5, 2007 4:56am Oct 5, 2007 4:56am
Quoting Big Wave Rider
You can of course go huge, or ginormous but the risk is death or worse.

OR, you can be a spectator and just sit there in the stands watching the people going big , huge or ginormous.

OR you could be the announcer, anouncing the people going, Oh nevermind.
Whatever BWR you probably got my point... The last couple of days because of large spreads during news and a lot of nosie I have been wiped out 5 times in a row causing unnecessarily large losses. Though the model works I am doing. But intraday fails cause of the brokerage fees and other events. So I have switched to weeklies/dailies, still very profitable.
.
  • #34,174
  • Oct 5, 2007 4:57am Oct 5, 2007 4:57am
Quoting bullrock
Whatever BWR you probably got my point... The last couple of days because of large spreads during news and a lot of nosie I have been wiped out 5 times in a row causing unnecessarily large losses. Though the model works I am doing. But intraday fails cause of the brokerage fees and other events. So I have switched to weeklies/dailies, still very profitable.
I could still continue the daily model skipping the very volatile days (many news) but I am more and more busy with my work and family so it is less stressfull requires less time.
.
  • #34,175
  • Oct 5, 2007 5:03am Oct 5, 2007 5:03am
Quoting MPP
Short on GU, current support look to be around .0320, if that breaks i see .0265 area as next target. just my opinion. oh and i am always wrong so go long. LOL
Ok, I'm long.
  • #34,176
  • Oct 5, 2007 5:04am Oct 5, 2007 5:04am
Okay I made some statements lastnight about the dollar weakness and the U.S economy that supported reasoning for continued dollar weakness. However I got an E-mail from a family member who says that they are concerned and are thinking about switching their accounts over to Euro, and when I say they I mean all the people he works with as well are talking about this. Okay my cousin knows nothing about investing and neither does his co-workers I assume. Here is the point. The mass public have finally caught on to this dollar weakness which means we may see a top soon. I still believe that the big boys will try to continue with dollar weakness but for how much longer? It cant be too much longer since the mass public is now concerned and or switching their accounts over just before the big fall. I have been suspecting a top for some time now but the reasoning is getting stronger. I am still trading on dips in the direcetion of the trend untill we reach that top but with ALOT more caution. Its like a balancing scale and everybody is jumping on and when that one last fat man jumps on the whole scale is going to fall over. And then its going to rain pips so fast they will have to issue a flood warning
Just Trade It
  • #34,177
  • Oct 5, 2007 5:06am Oct 5, 2007 5:06am
Quoting bullrock
I could still continue the daily model skipping the very volatile days (many news) but I am more and more busy with my work and family so it is less stressfull requires less time.

And yet here you are always on FF.
Just Trade It
  • #34,178
  • Oct 5, 2007 5:15am Oct 5, 2007 5:15am
Quoting Big Wave Rider
And yet here you are always on FF.
Yep, I am an addicted bastard, I miss you guys... And the idiotism that is posted sometimes here...
.
  • #34,179
  • Oct 5, 2007 5:17am Oct 5, 2007 5:17am
Quoting Big Wave Rider
And yet here you are always on FF.
You know I am drugged, drunk, and most of all FF addicted...
.
  • #34,180
  • Oct 5, 2007 5:20am Oct 5, 2007 5:20am
Quoting bullrock
You know I am drugged, drunk, and most of all FF addicted...
thats what matters :-)
Hello World!
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