winwise, are you thinking of placing a sell or buy order? Because if you ask me seems like it's going down, just broke the descending trading range to the downward direction.
wait for another long today, although Dow performance is a concern
Cable Update (GBPUSD)
- #35,781
- Oct 17, 2007 5:27am Oct 17, 2007 5:27am
wait for another long today, although Dow performance is a concern
- #35,783
- Oct 17, 2007 5:29am Oct 17, 2007 5:29am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Ces, I dont think we should call it false breakout
So far it is losing the pre-news price, too. Anyways, the big daddy today is US CPI. The rest is chart-jerking
- #35,784
- Oct 17, 2007 5:34am Oct 17, 2007 5:34am
It will be if below 0300.
So far it is losing the pre-news price, too. Anyways, the big daddy today is US CPI. The rest is chart-jerking
when is that? I just recently lost the habit to checking the new.
Suprisingly, i think it helped my trading a bit
- #35,785
- Oct 17, 2007 5:41am Oct 17, 2007 5:41am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
no, i meaning did u wrote that when u were trading
Hello World!
- #35,788
- Oct 17, 2007 6:08am Oct 17, 2007 6:08am
- Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #35,790
- Oct 17, 2007 6:26am Oct 17, 2007 6:26am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
Humpty Dumpty !!!! How dare you refer to my mother in law so early in the day !
It's ok - I am back from Tenerife and about to stick some positions on - you will see huge moves going the opposite way very soon....
Hello World!
- #35,791
- Oct 17, 2007 6:34am Oct 17, 2007 6:34am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
long ej long
long gu long
.
- #35,794
- Oct 17, 2007 7:04am Oct 17, 2007 7:04am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
Who agrees with me that because of USD downfall and possible downfall again in half an our due to CPI, this is the long GU, like in the picture?
:Markets are waiting for G7 meeting and have already sold off earlier on yen crosses. If thats the case, whatever the CPI figures, impact will be minimal IMHO.
On the other hand, any strong dollar figures on CPI would substantiate the rationale of no cut in the coming Fed meeting, encouraging more covering of carry trade positions ahead of the G7 meeting.
In case you've read all the BS i've written and still have no idea what i'm talking.. -> Long USD.
:Then again... i'm most likely wrong..
- #35,796
- Oct 17, 2007 7:09am Oct 17, 2007 7:09am
Can i comment if i disagree?
Markets are waiting for G7 meeting and have already sold off earlier on yen crosses. If thats the case, whatever the CPI figures, impact will be minimal IMHO.
On the other hand, any strong dollar figures on CPI would substantiate the rationale of no cut in the coming Fed meeting, encouraging more covering of carry trade positions ahead of the G7 meeting.
In case you've read all the BS i've written and still have no idea what i'm talking.. -> Long USD.
Then again... i'm most likely wrong..
Risk Less in the next transaction after a Win.
- #35,797
- Oct 17, 2007 7:18am Oct 17, 2007 7:18am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
Off course you can comment if you disagree that's what i want to debate and see if we can find a thing that it's in all of our ideeas , a pattern of some sort.
everyone here is betting on a direction, difference is some folks use 10 different methods to substantiate their call, some folks toss a coin.. heh heh..
pardon my blabbering..
:
- #35,799
- Oct 17, 2007 7:38am Oct 17, 2007 7:38am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
If I Go Broke Trying Then I Will die happy.
- #35,800
- Oct 17, 2007 7:40am Oct 17, 2007 7:40am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
If I Go Broke Trying Then I Will die happy.