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Cable Update (GBPUSD)

  • #34,941
  • Oct 10, 2007 8:19pm Oct 10, 2007 8:19pm
Take a look the chart below, cable trading within the channel..30min or1hr chart.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 72 KB
"Invest With The Insiders, Not The Masses" George Muzea
  • #34,942
  • Oct 10, 2007 8:22pm Oct 10, 2007 8:22pm
Quoting Big Wave Rider
When I first started I lost 75% of my account in one day. I felt sick to my stomach in a way I have never felt before. I wanted to throw up.
I couldnt sleep or eat for the rest of the week. Thats when I started to practice meditating and reading books from the Dali Lama. I really learned how to set my emotions aside and look at it as just a number and not real money. I have been doing ALOT better at not just trading but in every aspect of my life. I suggest anybody to read his books, some of them can be so deep you wont have a clue at first but eventually you will get it.
A good beginer book would be "How to practice, the way to a meaningful life"
that book opened my eyes to a whole new world.

I dig it.
Even I was awake 24 hrs a day while I was losing my first account, duno wana share how I felt like after I lost the entire account withing few weeks, in other words worst nightmare anyone can have on planet earth.
Hello World!
  • #34,943
  • Oct 10, 2007 8:28pm Oct 10, 2007 8:28pm
Quoting cesarnc
Carry trades fuelled the move up to 240 and now is driving cable down after the news... Right now GJ is at a expected supportive trendline in the 4H. Letīs see if it holds...

My GJ short at 240 is so small, that there is no point in taking 100 pips profit LOL.... SL at B/E and will see where it takes me... If UJ takes out 117 later on, Iīll add to shorts.

Iīm not ruling out the 235 zone

Cīmon Fukui, RAISE THE DAMN RATES!!! YYYYEEEEHHHAHAAAAA...

Back by London...
*sigh* I miss our old conversations. Now whenever I come online I see your

"back by london yeehaaaw"

line. Really miss the old days. And londin is like 4:00 am here. Sucks.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #34,944
  • Oct 10, 2007 9:43pm Oct 10, 2007 9:43pm
Quoting cesarnc
Carry trades fuelled the move up to 240 and now is driving cable down after the news... Right now GJ is at a expected supportive trendline in the 4H. Letīs see if it holds...

My GJ short at 240 is so small, that there is no point in taking 100 pips profit LOL.... SL at B/E and will see where it takes me... If UJ takes out 117 later on, Iīll add to shorts.

Iīm not ruling out the 235 zone

Cīmon Fukui, RAISE THE DAMN RATES!!! YYYYEEEEHHHAHAAAAA...

Back by London...
I'm leaving mine open. Here's to optimism and greed:

*clinks glasses together"
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #34,945
  • Oct 10, 2007 11:19pm Oct 10, 2007 11:19pm
hummmm, no one seems around, thread is silent again
I'll take privilege to break this silence

CHOW :-)
Hello World!
  • #34,946
  • Oct 10, 2007 11:34pm Oct 10, 2007 11:34pm
BOJ board votes 8-1 to leave Policy Unchanged
  • #34,947
  • Oct 10, 2007 11:39pm Oct 10, 2007 11:39pm
Quoting cesarnc
THIS IS UNBELIEVABLE.

Cable went down 30+ pips 3 MINUTES after her message!!!!!


I don't know how it works or why it works, but it never fails
Cable is my sugardaddy
  • #34,948
  • Oct 11, 2007 12:58am Oct 11, 2007 12:58am
Quoting MPP
it's nothing to companies like that, santandarna (can't spell) also known as Abbey, lost over $billion back in the first round of sub prime and banking panick. not even a flintch, simply a we had allowed for more than that.

it's like we still made profit. WTF

numbers are only relivant as a percentage, a 50% drawdown would hurt anyone, but 2%. we all expect it.
Its Banco Santander - a huge Spanish group that bought the UKs Abbey a couple of years ago. I think Santander now have more retail outlets than any other bank in the world.
Trading Levels with WRBs
  • #34,949
  • Oct 11, 2007 1:47am Oct 11, 2007 1:47am
Long GU~~
"Invest With The Insiders, Not The Masses" George Muzea
  • #34,950
  • Oct 11, 2007 1:51am Oct 11, 2007 1:51am
Anyone sees this ?
Attached Image (click to enlarge)
Click to Enlarge Name: tripletop.jpg Size: 130 KB
Risk Less in the next transaction after a Win.
  • #34,951
  • Oct 11, 2007 2:04am Oct 11, 2007 2:04am
Maybe i'm wrong but today i see on GU, GJ and GCHF double tops on each of them 4h mostly. You guys support the idea ?
Risk Less in the next transaction after a Win.
  • #34,952
  • Oct 11, 2007 2:40am Oct 11, 2007 2:40am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Islander
Its Banco Santander - a huge Spanish group that bought the UKs Abbey a couple of years ago. I think Santander now have more retail outlets than any other bank in the world.

thats the one. i wonder what there 2% risk looks like!
  • #34,953
  • Oct 11, 2007 3:02am Oct 11, 2007 3:02am
Morning all... damn 4:30am glass of water and sneak-and-peak and here I am LOL...

Looks like nobody likes the dollar anymore... euro above 4155 in the 4H is confirming the breakout from the corrective channel it was in.

bears slaughter everywhere I look today...
  • #34,954
  • Oct 11, 2007 3:06am Oct 11, 2007 3:06am
Quoting MPP
thats the one. i wonder what there 2% risk looks like!
Im sure it will be with a LOT of zeros kind of figure..
  • #34,955
  • Oct 11, 2007 3:10am Oct 11, 2007 3:10am
I love AC/DC in the morning http://www.world-of-smilies.com/wos_...risGranger.gif http://www.world-of-smilies.com/wos_...musik_wos1.gif
Just Trade It
  • #34,956
  • Oct 11, 2007 3:16am Oct 11, 2007 3:16am
Quoting Big Wave Rider
http://www.world-of-smilies.com/wos_...risGranger.gif
  • #34,957
  • Oct 11, 2007 3:25am Oct 11, 2007 3:25am
Qs... why I can't PM u? Remember me?
  • #34,958
  • Oct 11, 2007 3:27am Oct 11, 2007 3:27am
Quoting madalin
Maybe i'm wrong but today i see on GU, GJ and GCHF double tops on each of them 4h mostly. You guys support the idea ?
Good morning to my therapy group.

No. LONG GU LONG for the 4th top that break through and wipes out all the aspirant bears.
.
  • #34,959
  • Oct 11, 2007 3:37am Oct 11, 2007 3:37am
Euro looks like on Steroids

Hello World!
  • #34,960
  • Oct 11, 2007 3:45am Oct 11, 2007 3:45am
Quoting bullrock
Good morning to my therapy group.

No. LONG GU LONG for the 4th top that break through and wipes out all the aspirant bears.
If cable takes out the 0492, itīs likely to accelerate to 0652 to catch up with the other pairs against the dollar

All pairs are breaking out of corrective channel and are bound to take their highs out... aud and cad are already there.
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