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Cable Update (GBPUSD)

  • #2,941
  • Dec 21, 2006 2:47pm Dec 21, 2006 2:47pm
Now we have trading on the Forex - and small wage betting on the side.

You could start a thread that allows side bets. LOL

Wait, that is what I am doing now isn't it - making a bet.

Monarch

Quoting Leugimp
Not only will it not take out 2.0000, but it will end the year significantly closer to 1.90 -

How much you want to bet
  • #2,942
  • Dec 21, 2006 2:47pm Dec 21, 2006 2:47pm
Quoting Turveyd
Bet it'll take out 2.0000 next week, while everyone is sleeping

But I'm only interested in short term opertunitys so as long as it's tradeable I'm happy.


Who is there left to buy it. If it does go up, it will be the late hysteria of hopeful buyers looking for another crazy holiday rally to make them millions - I will short it the whole way up with good till canceled limit orders just in case it does go up over the holiday weeks.
Man who scratches ass should not bite fingernails
  • #2,943
  • Dec 21, 2006 2:49pm Dec 21, 2006 2:49pm
Quoting monarch
Now we have trading on the Forex - and small wage betting on the side.

You could start a thread that allows side bets. LOL

Wait, that is what I am doing now isn't it - making a bet.

Monarch
I dont get it ?#@!?
Man who scratches ass should not bite fingernails
  • #2,944
  • Dec 21, 2006 2:59pm Dec 21, 2006 2:59pm
Today's Special >>>>

You can double your equity right now >>>>>

Buy one GBP/USD Lot for $1.00 >>>>>>>>>>>>>

Sell one GBP/USD Lot for $1.00 >>>>>>>>>>>>>>

Just press the Buy/Sell Button on the New Revised

ICU-Monarch$Platform-LOSE

Warning: This offer is only good during the High Volume Trading Times
You probably won't profit from this trade
You will not have your order filled during this High Volume Time Monarch$Platform guarantees orders only on Saturday California Time
For more Info Call 1-800-YouLose
  • #2,945
  • Dec 21, 2006 3:01pm Dec 21, 2006 3:01pm
Quoting monarch
Today's Special >>>>

You can double your equity right now >>>>>

Buy one GBP/USD Lot for $1.00 >>>>>>>>>>>>>

Sell one GBP/USD Lot for $1.00 >>>>>>>>>>>>>>

Just press the Buy/Sell Button on the New Revised

ICU-Monarch$Platform-LOSE

Warning: This offer is only good during the High Volume Trading Times
You probably won't profit from this trade
You will not have your order filled during this High Volume Time Monarch$Platform guarantees orders only on Saturday California Time
For more Info Call 1-800-YouLose

Your not funny
Man who scratches ass should not bite fingernails
  • #2,946
  • Dec 21, 2006 3:04pm Dec 21, 2006 3:04pm
LOL.....LOL.....LOL.... ...........
Quoting monarch
Today's Special >>>>

You can double your equity right now >>>>>

Buy one GBP/USD Lot for $1.00 >>>>>>>>>>>>>

Sell one GBP/USD Lot for $1.00 >>>>>>>>>>>>>>

Just press the Buy/Sell Button on the New Revised

ICU-Monarch$Platform-LOSE

Warning: This offer is only good during the High Volume Trading Times
You probably won't profit from this trade
You will not have your order filled during this High Volume Time Monarch$Platform guarantees orders only on Saturday California Time
For more Info Call 1-800-YouLose
  • #2,947
  • Dec 21, 2006 3:04pm Dec 21, 2006 3:04pm
Maybe I went to far, but watching the post here doesn't make much more sense.

See ya

Monarch
  • #2,948
  • Dec 21, 2006 3:26pm Dec 21, 2006 3:26pm
Good Night guys & good luck 4 Crazy Fridays Trading

Cheers!!
  • #2,949
  • Dec 21, 2006 3:37pm Dec 21, 2006 3:37pm
Quoting monarch
Today's Special >>>>

You can double your equity right now >>>>>

Buy one GBP/USD Lot for $1.00 >>>>>>>>>>>>>

Sell one GBP/USD Lot for $1.00 >>>>>>>>>>>>>>

Just press the Buy/Sell Button on the New Revised

ICU-Monarch$Platform-LOSE

Warning: This offer is only good during the High Volume Trading Times
You probably won't profit from this trade
You will not have your order filled during this High Volume Time Monarch$Platform guarantees orders only on Saturday California Time
For more Info Call 1-800-YouLose
California comedy to the rescue once again!!! That's hilarious!!!
  • #2,950
  • Dec 21, 2006 3:49pm Dec 21, 2006 3:49pm
Quoting MoneyMa$ter
California comedy to the rescue once again!!! That's hilarious!!!
Can someone explain it to me - i dont think its funny but perhaps if i understood it i would laugh.
Man who scratches ass should not bite fingernails
  • #2,951
  • Dec 21, 2006 3:50pm Dec 21, 2006 3:50pm
Quoting fxpinoy
I think cable will go further down ... tomorrow when Core Durable Goods and Core PCE news comes out.
The last two Fridays saw US releases of major announcements (NFP and CPI respectively). Both resulted in major moves. I agree this could portend major impact by Durable Goods and/or PCE with cable short, substantiated by the historical references made earlier, and further justified by wave theory.
  • #2,952
  • Dec 21, 2006 4:02pm Dec 21, 2006 4:02pm
My Logic is for 2.0000++, profit taking into the year end should drive the price down, and as I'm generally wrong / market does the opposite, 2.0000+ is expected


Also a Mate is going on holiday from the GBP to the USD in Jan, he's lucky he'll get his 2 for 1 deal


But without a working cyrstal ball it's purely speculation either way, so we'll see
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #2,953
  • Dec 21, 2006 4:13pm Dec 21, 2006 4:13pm
GBP and EUR 12hour taken out, 1.9640 next expected resistance, ( 24hour )

Wanted to try for another bounce of 9600, didn't quite hit my price

Confused, staying cash.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #2,954
  • Dec 21, 2006 4:19pm Dec 21, 2006 4:19pm
Quoting Leugimp
Can someone explain it to me - i dont think its funny but perhaps if i understood it i would laugh.
Jokes explained aren't funny, and this one is layered... but anyway here goes...

It started with turveyd talking about cable 2.000 by next week, in the face of just about everyone seeing short. Turveyd said he would bet on it. Keyword: bet.

Initial layer, Monarch's response to turveyd was that's basically what we do in forex anyway...we bet, and now turveyd wants to have a side bet?? So we're betting on forex, with a side bet amongst ourselves. Betting on a bet. That doesn't make much sense because once you've taken a trading position, you've essentially placed a bet. Then to bet someone basically means you're increasing your position on the existing trade. Might as well just add another lot.

Next layer, Monarch then sets up his sarcastic safety hedge betting parlor in a fashion reminiscent of ancient US traveling shows, lampooning brokers and their high volatility issues, kinda poking fun at traders who some may see as bettors and/or suckers. I believe it was the great showman PT Barnum who said "There's one born every minute." Get it?
  • #2,955
  • Dec 21, 2006 4:20pm Dec 21, 2006 4:20pm
Quoting monarch
Today's Special >>>>

You can double your equity right now >>>>>

Buy one GBP/USD Lot for $1.00 >>>>>>>>>>>>>

Sell one GBP/USD Lot for $1.00 >>>>>>>>>>>>>>

Just press the Buy/Sell Button on the New Revised

ICU-Monarch$Platform-LOSE

Warning: This offer is only good during the High Volume Trading Times
You probably won't profit from this trade
You will not have your order filled during this High Volume Time Monarch$Platform guarantees orders only on Saturday California Time
For more Info Call 1-800-YouLose
Very Funny. We share a common sense of humor !!
  • #2,956
  • Dec 21, 2006 4:31pm Dec 21, 2006 4:31pm
MoneyMaster, as I haven't got the balls or iclination to hold a Long positions over next week ( Or more than a few hours ), want to call it a $1 sportsmans bet

Abit less than my Trades are worth, okay little bit less
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #2,957
  • Dec 21, 2006 4:34pm Dec 21, 2006 4:34pm
Quoting Turveyd
MoneyMaster, as I haven't got the balls or iclination to hold a Long positions over next week ( Or more than a few hours ), want to call it a $1 sportsmans bet

Abit less than my Trades are worth, okay little bit less
I do believe the US finds internet gambling "illegal"....but they allow Forex trading!!!
  • #2,958
  • Dec 21, 2006 4:41pm Dec 21, 2006 4:41pm
Shhhhhhh they'll target us next ( the day I retire just to Day Trade )

I don't actually class how I trade as gambling, longer term stuff sure is though, 67% win ratio kinda confirms this, I'd be sub 50% allowing for spread if it was a 50/50 gamble.

Where do you think most of the recent money in the markets has came from, the previously professional online gamblers, looking to make there wages on the markets instead, and the losers looking to get there money back by losing more
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #2,959
  • Dec 21, 2006 7:59pm Dec 21, 2006 7:59pm
So what is the plan for tonight??? Anyone got one ?
  • #2,960
  • Dec 21, 2006 8:30pm Dec 21, 2006 8:30pm
Quoting Tiki Trader
So what is the plan for tonight??? Anyone got one ?
Yes, my plan is to watch a little t.v. and go to bed early.
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