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Cable Update (GBPUSD)

  • #37,001
  • Oct 23, 2007 1:05pm Oct 23, 2007 1:05pm
Quoting uncleforex
Shorted g/u at 2.0498. Targeting at least 120pips.
Hi uncle...

Why short now? I ask you this because the market its very flat right now
  • #37,002
  • Oct 23, 2007 1:37pm Oct 23, 2007 1:37pm
Quoting hellkkas
Hi uncle...

Why short now? I ask you this because the market its very flat right now
Very simple, I would like to see it keep in range between 2.0500 and 2.0300

So it would go back down later, how I do not know. If it breaks up higher than 2.0550 then Ill close my shorts.
  • #37,003
  • Oct 23, 2007 1:44pm Oct 23, 2007 1:44pm
DEADLY SILENT on the table.......................

Impotent GU

Tinggggggggggggg Bhammmmmmmmmmmmmm
I Deeply Love My Virtual Life In Virtual World , RLC
  • #37,004
  • Oct 23, 2007 1:45pm Oct 23, 2007 1:45pm
Quoting uncleforex
Very simple, I would like to see it keep in range between 2.0500 and 2.0300

So it would go back down later, how I do not know. If it breaks up higher than 2.0550 then Ill close my shorts.
That's not gonna happen. DO YOU HEAR ME???
.
  • #37,005
  • Oct 23, 2007 1:55pm Oct 23, 2007 1:55pm
seems they are doing a thorough job clearing the books WHY?
"Millionaires don't use astrology, billionaires do"
  • #37,006
  • Oct 23, 2007 2:00pm Oct 23, 2007 2:00pm
Quoting uncleforex
Very simple, I would like to see it keep in range between 2.0500 and 2.0300

So it would go back down later, how I do not know. If it breaks up higher than 2.0550 then Ill close my shorts.
Range for this month just 290 pips(535-245) , too small.............

if range 400 then : 1. 645-245 or
2. 535-135 ..........

???????????????????
I Deeply Love My Virtual Life In Virtual World , RLC
  • #37,007
  • Edited 3:00pm Oct 23, 2007 2:13pm | Edited 3:00pm
Me thinks this cable strength is due to chunnel weakness, sitting in its w4 range bottom atm. Looking like its getting ready to scream north. This will help our shorts greatly





Some probable decision points for DJIA
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"Millionaires don't use astrology, billionaires do"
  • #37,008
  • Oct 23, 2007 3:02pm Oct 23, 2007 3:02pm
Quoting OrionsWay
Me thinks this cable strength is due to chunnel weakness, sitting in its w4 range bottom atm. Looking like its getting ready to scream north. This will help our shorts greatly





Some probable decision points for DJIA
Thats my boy. The music I like to hear.
.
  • #37,009
  • Oct 23, 2007 3:05pm Oct 23, 2007 3:05pm
Quoting bullrock
Thats my boy. The music I like to hear.

Yea maybe help cable longs but i think its mostly influenced now by the chunnel, and she lookin like a long long long forever, but who knows
"Millionaires don't use astrology, billionaires do"
  • #37,010
  • Oct 23, 2007 3:18pm Oct 23, 2007 3:18pm
On the 1hr chart it's been flirting with the resistence of the channel for too long now.

It is either going to break it soon and go north, or the disappointment for not achieving so will bring it down real bad......

Consider also that it is been going north all day long, a correction right now won't surprise me at all.....
"Lunch ? Lunch Is For Wimps !"
  • #37,011
  • Oct 23, 2007 4:48pm Oct 23, 2007 4:48pm
yep they be smoking lots of stops both side im sure before they run it so make sure you out of range or really tight and reneter positions
"Millionaires don't use astrology, billionaires do"
  • #37,012
  • Oct 23, 2007 5:05pm Oct 23, 2007 5:05pm
it's looking like it wants to hit 600.
If I Go Broke Trying Then I Will die happy.
  • #37,013
  • Oct 23, 2007 5:31pm Oct 23, 2007 5:31pm
Quoting Moe
it's looking like it wants to hit 600.
Thats what you said last time )
Risk Less in the next transaction after a Win.
  • #37,014
  • Oct 23, 2007 5:33pm Oct 23, 2007 5:33pm
Looks like a break of 0550 is a big possibility tomorrow
  • #37,015
  • Oct 23, 2007 5:37pm Oct 23, 2007 5:37pm
and when everyone in here is thinking long, the best trade to take is 'short' lol, jk
Trade what you see, not what you think.
  • #37,016
  • Oct 23, 2007 6:59pm Oct 23, 2007 6:59pm
Quoting karmostaji
and when everyone in here is thinking long, the best trade to take is 'short' lol, jk
Indeed.

So far I haven't seen anything to change my mind yet. Looks like a gradual decent is about to start.

~X~
  • #37,017
  • Oct 23, 2007 6:59pm Oct 23, 2007 6:59pm
Quoting madalin
Thats what you said last time )
thats what im saying, im still not trading till 500 is broken hard.
If I Go Broke Trying Then I Will die happy.
  • #37,018
  • Oct 23, 2007 7:20pm Oct 23, 2007 7:20pm
What the hell is with the 500 line? it doesn't have a continuation in the past or anything and it seems important to u guys. How is that?
Risk Less in the next transaction after a Win.
  • #37,019
  • Oct 23, 2007 8:09pm Oct 23, 2007 8:09pm
Quoting madalin
What the hell is with the 500 line? it doesn't have a continuation in the past or anything and it seems important to u guys. How is that?
people just looove round number, less changes required
  • #37,020
  • Oct 23, 2007 8:30pm Oct 23, 2007 8:30pm
I really think it is about to go down....it is struggling way too much to break resistence...
"Lunch ? Lunch Is For Wimps !"
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