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Cable Update (GBPUSD)

  • #2,581
  • Dec 19, 2006 8:30am Dec 19, 2006 8:30am
FED President Fisher talks later on. Could that be the reason for keeping the market on hold where it is now?
  • #2,582
  • Dec 19, 2006 9:24am Dec 19, 2006 9:24am
dont fight the trend buy more if u still have to...
  • #2,583
  • Dec 19, 2006 9:35am Dec 19, 2006 9:35am
actually, after that little run if it ends the hour in the range of 1.9618-1.9615 then it might make a fall. Good luck everybody.
I dream, therefore I become.
  • #2,584
  • Dec 19, 2006 9:39am Dec 19, 2006 9:39am
What are you lot whining about, took +48pips inside of 15mins and no losers, I'm happy

Big up move in the AM ='s consolidation day mainly, plus it screws your chart up, those small looking moves are actually worth a fair few pips
.


Fed speaking later, doesn't help ofcourse.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #2,585
  • Dec 19, 2006 10:06am Dec 19, 2006 10:06am
Today market is telling me to get rid of all the materials, tutorials, books I've read, forget about fundamentals, trends, fibonaccis and stuff...
  • #2,586
  • Dec 19, 2006 10:11am Dec 19, 2006 10:11am
Today has shown that the market is manipulated by those who want to go into a desired direction. I never will think again that this market is random or can't be manipulated because of much volume. The market is even not driven by fundamentals or emotions, only by those big boys. There are not even other traders exist, they are all only noise.
  • #2,587
  • Dec 19, 2006 10:16am Dec 19, 2006 10:16am
OK, let try to keep sanity here....

What now? A final corrective retracement now not to bother Mr. Fibonacci in his grave???
  • #2,588
  • Dec 19, 2006 10:17am Dec 19, 2006 10:17am
Further more up to 1.9670. Thats 100% of the CPI move up. Or a stall, then tomorrow more up to 1.9745.
  • #2,589
  • Dec 19, 2006 10:18am Dec 19, 2006 10:18am
guys trading is not about certainties its a numbers game some trades work and some dont nothing is set in stone.
  • #2,590
  • Dec 19, 2006 10:19am Dec 19, 2006 10:19am
this gif describes my frustration aptly......hope it cheers someone....
Attached Image
  • #2,591
  • Dec 19, 2006 10:21am Dec 19, 2006 10:21am
wow looks like your having a rough day man...maybe you should get some fresh air haha
I dream, therefore I become.
  • #2,592
  • Dec 19, 2006 10:21am Dec 19, 2006 10:21am
Quoting forexnovice
this gif describes my frustration aptly....
  • #2,593
  • Dec 19, 2006 10:21am Dec 19, 2006 10:21am
Thats hilarious!! I feel the same way. What makes you think its going to go up more?<TABLE class=tborder cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR title="Post 163735" vAlign=top><TD class=alt1 align=middle width=125>katzenhai2</TD><TD class=alt2>Further more up to 1.9670. Thats 100% of the CPI move up. Or a stall, then tomorrow more up to 1.9745. </TD></TR></TBODY></TABLE>
trading on demo is not trading
  • #2,594
  • Dec 19, 2006 10:25am Dec 19, 2006 10:25am
Are you people going to do the Frankfurt/London startegy thingy in the morning?
mama
  • #2,595
  • Dec 19, 2006 10:26am Dec 19, 2006 10:26am
Quoting katzenhai2
Further more up to 1.9670. Thats 100% of the CPI move up. Or a stall, then tomorrow more up to 1.9745.
Yeah, Katze... There's nothing, hear that? NOTHING telling that this is going to happen. NOTHING AT ALL...

So, it probably will...
  • #2,596
  • Dec 19, 2006 10:27am Dec 19, 2006 10:27am
Quoting enoc2g
guys trading is not about certainties its a numbers game some trades work and some dont nothing is set in stone.
Seems you have not understand what was done in the morning at 8:00 GMT.

Quote
Thats hilarious!! I feel the same way. What makes you think its going to go up more?
Because I'm crazy, like the market is.
But I don't think we will see 2.000 anytime soon. Said that before people begin to speculate about that daydream again.
  • #2,597
  • Dec 19, 2006 10:35am Dec 19, 2006 10:35am
I think we might see a test of 9730... basically we had strong support at 9430 the longer term trend is up!!!
  • #2,598
  • Dec 19, 2006 10:40am Dec 19, 2006 10:40am
damn man I think your right its rising kind of quick now
trading on demo is not trading
  • #2,599
  • Dec 19, 2006 10:42am Dec 19, 2006 10:42am
Can this be some sort of central bank activity? I mean, this shit just took off without a hint of retracement the whole way up. If it is, it shouldn't be over, but what would be the reason?
Man who scratches ass should not bite fingernails
  • #2,600
  • Dec 19, 2006 10:44am Dec 19, 2006 10:44am
Quoting Leugimp
Can this be some sort of central bank activity? I mean, this shit just took off without a hint of retracement the whole way up. If it is, it shouldn't be over, but what would be the reason?
Freaking China dumping US$ 1 trillion?!?!?
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