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Cable Update (GBPUSD)

  • #35,821
  • Oct 17, 2007 7:20am Oct 17, 2007 7:20am
Quoting allserene
2.1 !!!! wow wouldnt that be nice

i could sell my old english car and buy a porsche in the US

Or 2 Volvo's?
To laugh, to learn, and to teach!
  • #35,822
  • Oct 17, 2007 7:27am Oct 17, 2007 7:27am
Quoting allserene
2.1 !!!! wow wouldnt that be nice

i could sell my old english car and buy a porsche in the US

And this is how his "old english car" looks like..


http://www.automotoportal.com/media/.../060504001.jpg
  • #35,823
  • Oct 17, 2007 7:28am Oct 17, 2007 7:28am
Quoting myles
Or 2 Volvo's?
or rolls royce coupe
  • #35,824
  • Oct 17, 2007 7:33am Oct 17, 2007 7:33am
Quoting allserene
2.1 !!!! wow wouldnt that be nice

i could sell my old english car and buy a porsche in the US

allserene; please read my PM I just sent you.
thanks
benessol; did you get my PM?
  • #35,825
  • Oct 17, 2007 7:43am Oct 17, 2007 7:43am
the question, however, is how is a flag formation confirmed...simillar flag pattern occured during may this year but break out proved to be a false one - chart attached. Im curious any of you guys look for something special during a confirmation?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1.jpg Size: 238 KB
  • #35,826
  • Oct 17, 2007 7:52am Oct 17, 2007 7:52am
It might go to 2.0340-50; then short from there. Since the news for gbp is predicted to be on the negative side.
Attached Image
  • #35,827
  • Oct 17, 2007 7:59am Oct 17, 2007 7:59am
Quoting allserene
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....
I thought you and your RHC had invaded my Sunshine State by now?
  • #35,828
  • Oct 17, 2007 8:02am Oct 17, 2007 8:02am
Quoting myles
Or 2 Volvo's?
Why ???
  • #35,829
  • Oct 17, 2007 8:08am Oct 17, 2007 8:08am
Quoting SunTrader
Why ???
Keep one around for spare parts!
To laugh, to learn, and to teach!
  • #35,830
  • Oct 17, 2007 8:08am Oct 17, 2007 8:08am
Bears taking over in Wall Street...

http://i164.photobucket.com/albums/u...54623660_m.gif

Sorry for the piracy, bu I just LOVED this bear LOL
  • #35,831
  • Oct 17, 2007 8:15am Oct 17, 2007 8:15am
Quoting cesarnc
Bears taking over in Wall Street...

http://i164.photobucket.com/albums/u...54623660_m.gif

Sorry for the piracy, bu I just LOVED this bear LOL
So.. voted as post of the month??
  • #35,832
  • Oct 17, 2007 8:19am Oct 17, 2007 8:19am
a few trade today, and a few profit

on daily chart is does show signs this pair will go down to 20220
maybe next week. I think i be waiting for a shoot on that fall----dreaming
Attached Image
  • #35,833
  • Oct 17, 2007 8:19am Oct 17, 2007 8:19am
Quoting dd33
So.. voted as post of the month??
For sure
  • #35,834
  • Oct 17, 2007 8:45am Oct 17, 2007 8:45am
Dollar falls broadly as US housing starts plunge

NEW YORK (Reuters) - The dollar fell broadly on Wednesday after a report showed U.S. housing starts dropped to their lowest level in 14 years in September, adding to concerns that the housing market may drag on the U.S. economy.

Traders sold dollars after the Commerce Department said home construction starts fell 10.2 percent last month to below Wall Street's consensus forecast. For details, see.

A weaker housing market and a slow U.S. economy may prompt Federal Reserve policy-makers to cut benchmark interest rates again from the current 4.75 percent. Fed officials next meet on October 30-31....

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Read more here: Dollar falls broadly as US housing starts plunge

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  • #35,835
  • Oct 17, 2007 8:58am Oct 17, 2007 8:58am
I'm tired of this sideways trend!!! Any ideas as to where this pair is headed?? I see a bearish possibility on my charts, news for cable isn't on the good side for next week either..come on SHORT CABLE SHORT!!! anyone with me?? jaja
  • #35,836
  • Oct 17, 2007 9:06am Oct 17, 2007 9:06am
Quoting MLM12
I'm tired of this sideways trend!!! Any ideas as to where this pair is headed?? I see a bearish possibility on my charts, news for cable isn't on the good side for next week either..come on SHORT CABLE SHORT!!! anyone with me?? jaja
now i am waiting for BUY CABLE just in 2.0270... or BUY STOP if go above 2.0440.

I dont will short cable from now (2.038)
  • #35,837
  • Oct 17, 2007 9:14am Oct 17, 2007 9:14am
Quoting BRForex
now i am waiting for BUY CABLE just in 2.0270... or BUY STOP if go above 2.0440.

I dont will short cable from now (2.038)

I'm at 2.0390...lets see what happens..
  • #35,838
  • Oct 17, 2007 9:14am Oct 17, 2007 9:14am
BRForex, doesn't seem like it's going to hit the 2.0400's soon, it's plummeting.
  • #35,839
  • Oct 17, 2007 9:31am Oct 17, 2007 9:31am
Dow Jones is losing its shoes after a +92 start.

Right now fighting support at the 13.9K that was not taken out yesterday.

Losing this level today might put the entire market in tumble mode for the week.
  • #35,840
  • Oct 17, 2007 9:42am Oct 17, 2007 9:42am
Quoting MLM12
I'm tired of this sideways trend!!! Any ideas as to where this pair is headed?? I see a bearish possibility on my charts, news for cable isn't on the good side for next week either..come on SHORT CABLE SHORT!!! anyone with me?? jaja
once it touch 20450, i will be with u!!!
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