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Cable Update (GBPUSD)

  • #34,241
  • Oct 5, 2007 8:02am Oct 5, 2007 8:02am
Quoting bullrock
100 pips in 2 nanoseconds... And the spread at OANDA was approx 20-30 pips or more...
Ouch.. Their way of telling you they dont want you to trade at that time..
  • #34,242
  • Oct 5, 2007 8:03am Oct 5, 2007 8:03am
I've checked 60 pips in 15 sex..... That is high speed....
.
  • #34,243
  • Oct 5, 2007 8:03am Oct 5, 2007 8:03am
I'm not saying anything, everytime I say something the market reverses just to smite me. this could be the top to go long or the bottom to go short.
HA- try to reverse THAT
the son of a bitch will go sideways now
Just Trade It
  • #34,244
  • Oct 5, 2007 8:04am Oct 5, 2007 8:04am
yeah.. much stronger the the market was expecting with the upward revision
  • #34,245
  • Oct 5, 2007 8:04am Oct 5, 2007 8:04am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bullrock
I've checked 60 pips in 15 sex..... That is high speed....

look at the M15 EU chart, 30 pip gap on mine it moveed so fast between candles.
  • #34,246
  • Oct 5, 2007 8:04am Oct 5, 2007 8:04am
Quoting peterM
Ouch.. Their way of telling you they dont want you to trade at that time..
Yeah one of the reasons I ve switched to dailies... But that is bad for them coz I am gonna do 4 trades a week instead of 4 trades a day... Ouch.
.
  • #34,247
  • Oct 5, 2007 8:05am Oct 5, 2007 8:05am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
retracement to around .0355, then short again.
  • #34,248
  • Oct 5, 2007 8:06am Oct 5, 2007 8:06am
Quoting bullrock
Yeah one of the reasons I ve switched to dailies... But that is bad for them coz I am gonna do 4 trades a week instead of 4 trades a day... Ouch.
Yes.. that is one reason i made the same move.. I don't trade to make the brokers rich :-)

Also i find trends are much more stable on the bigger time frames.. one small news release doesn't screw your trade..
  • #34,249
  • Oct 5, 2007 8:06am Oct 5, 2007 8:06am
Quoting ClockTrader
all kool as long as u don't rock ur head against a rock, never mind, just kidding man !

BBL


Yeah and look at the number of members/visitors... Back to business..
.
  • #34,250
  • Oct 5, 2007 8:07am Oct 5, 2007 8:07am
Quoting peterM
Yes.. that is one reason i made the same move.. I don't trade to make the brokers rich :-)

Also i find trends are much more stable on the bigger time frames.. one small news release doesn't screw your trade..

Exactly.
.
  • #34,251
  • Oct 5, 2007 8:08am Oct 5, 2007 8:08am
Quoting bullrock
Yeah one of the reasons I ve switched to dailies... But that is bad for them coz I am gonna do 4 trades a week instead of 4 trades a day... Ouch.

Plus you'll make money instead of lose money, a double whammy for them
Just Trade It
  • #34,252
  • Oct 5, 2007 8:11am Oct 5, 2007 8:11am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting MPP
retracement to around .0355, then short again.
You think it will stop at 2.0050?
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #34,253
  • Oct 5, 2007 8:12am Oct 5, 2007 8:12am
Quoting CWH
You think it will stop at 2.0050?
It has to break that triangle first... From where it is bouncing back...
.
  • #34,254
  • Oct 5, 2007 8:16am Oct 5, 2007 8:16am
My longs will be very nice during the BUSH BS
.
  • #34,255
  • Oct 5, 2007 8:16am Oct 5, 2007 8:16am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting CWH
You think it will stop at 2.0050?
i'd be very supprised if it goes past .0250. to much support , fibs, triangles TL, crazy amount of stuff to pass though to get to .0050.
  • #34,256
  • Oct 5, 2007 8:16am Oct 5, 2007 8:16am
Quoting bullrock
My longs will be very nice during the BUSH BS
He is gonna screw up everything as usual
.
  • #34,257
  • Oct 5, 2007 8:16am Oct 5, 2007 8:16am
Quoting MPP
i'd be very supprised if it goes past .0250. to much support , fibs, triangles TL, crazy amount of stuff to pass though to get to .0050.
Yeah sure
.
  • #34,258
  • Oct 5, 2007 8:17am Oct 5, 2007 8:17am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bullrock
He is gonna screw up everything as usual
I will join your longs around .0265 and laugh at the bush.
  • #34,259
  • Oct 5, 2007 8:18am Oct 5, 2007 8:18am
Quoting TheCable
Move stopped at 1.4281.We are now building tripple zig-zags.After this small correction ( 1.4130-1.4150 ) I think,that will follow another down move with first target 1.4020/1.4030 zone.
I'm now almost sure,that we saw the end of the 3rd wave (daily chart).
Cheers
Correction til 1.4020/30 zone finished.
  • #34,260
  • Oct 5, 2007 8:20am Oct 5, 2007 8:20am
Hello new to this thread.

Cable found support post nfp at the Dly S1 pivot area 0298close to the 23.6% fib of the move up from 9651 to mondays highs at 0492.

More potential support areas to the downside at this week's lows recorded on Thursday at 0278 area through to 0250. Stops below 0240 say MNi, with miinor bids at the 0225/15 area ahead of 0200 area.

NFP gains with previous revisions upwards but unemp rate goes up?? go figure lol
ex member
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