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Cable Update (GBPUSD)

Quoting Mike_Douglas
Hi, i am new in Forex Factory, is this thread about trading the cable?
I Just left moneytec, but i think there is litle to learn on this thread, just a bunch of kids playng around, I just hope there are more serious people here in this website,
Quoting Mike_Douglas
I Just left moneytec, but i think there is litle to learn on this thread, just a bunch of kids playng around, I just hope there are more serious people here in this website,
lol.. there are.. but then be prepared for loads of BS along the way.. :
Quoting leachimeewg
lol.. there are.. but then be prepared for loads of BS along the way.. :
Thanks, so where should I start?
Quoting Mike_Douglas
Thanks, so where should I start?
http://www.forexfactory.com/showthread.php?t=40582
http://www.forexfactory.com/showthread.php?t=11939

these are cable threads..

if you are new, do spend some time through the different forums in FF.

There's a beginner forum
Plenty of good stuff there too!
Quoting Mike_Douglas
I Just left moneytec, but i think there is litle to learn on this thread, just a bunch of kids playng around, I just hope there are more serious people here in this website,
Fridays and their surprises!!!



3rd post and already throwing shit in the fan
Quoting cesarnc
Fridays and their surprises!!!



3rd post and already throwing shit in the fan

I Deeply Love My Virtual Life In Virtual World , RLC
Quoting cesarnc
Fridays and their surprises!!!



3rd post and already throwing shit in the fan
Whispers "Could be looney" .. change of nick?
:
Another head on a silver plate

Merrill Lynch Chief Executive Stanley O'Neal has told associates that he's likely to be ousted as CEO in the coming days as the big brokerage firm's financial problems mount, CNBC has learned.

http://media.cnbc.com/j/CNBC/Section...l_featured.jpg

Guess he's coming to Cable Update now. The land of the bad decisions
good morning. i am now, just woke up.
a little bit surprised to see cable where it is now.
this is getting weird (i'm not talking about the thread, but the current price action). i usually trade based on fibo levels and wave count, and i was looking back through the charts to see if i see this kind of behavior. i think cable likes a new retracement ratio: 0.93. i see this sometimes, and especially in cases like this: when it is really close from a previous extreme, and when everybody is expecting a breakout. anyone else noticed this?

Quoting leachimeewg
LOL.. i wonder if scrat is with us... i was starting to get lonely.. started to feel like i was up against the whole damn world shorting the dollar...:
Nihil Sine Deo.
Quoting Scrat
good morning. i am now, just woke up.
a little bit surprised to see cable where it is now.
this is getting weird (i'm not talking about the thread, but the current price action). i usually trade based on fibo levels and wave count, and i was looking back through the charts to see if i see this kind of behavior. i think cable likes a new retracement ratio: 0.93. i see this sometimes, and especially in cases like this: when it is really close from a previous extreme, and when everybody is expecting a breakout. anyone else noticed this?
Cable is the king of the "breaching important long term levels just to get back in the next M15"
getting ready here...

Quoting cesarnc
cable is 0600 today, euro 1.4430/50 or you can call me Mamma Bruschetta
Nihil Sine Deo.
Quoting Scrat
good morning. i am now, just woke up.
a little bit surprised to see cable where it is now.
this is getting weird (i'm not talking about the thread, but the current price action). i usually trade based on fibo levels and wave count, and i was looking back through the charts to see if i see this kind of behavior. i think cable likes a new retracement ratio: 0.93. i see this sometimes, and especially in cases like this: when it is really close from a previous extreme, and when everybody is expecting a breakout. anyone else noticed this?
Morning Scrat..

I don't trade Fibo so I can't comment. Then again, any theory you have will be proven or disputed in after the next 9mins.
Quoting cesarnc
Cable is the king of the "breaching important long term levels just to get back in the next M15"
lol.. just added a buy stop @ 2.0530...
80.9
Tame.
nice. exactly what i've been thinking.
don' tell me, you're thinking about going short long term!???!!!
here's what i think about this: if i were to trade based on this hanging man, i have 2 choices:
1) the safe way, where i would wait for a confirmation: a close below this week's low, or
2) go short at the end of this week with a SL above this week's high (or above previous high at 2.0652). if the short is confirmed, then next week should close below 2.0245. and you can add more shorts then.
i think the chart looks great, and the fact that this hanging man appeared at this point is a strong indication of a bearish configuration. but... time will tell.

Quoting bullrock
gbp weekly.. Could you please pay attention to the last bar?
Nihil Sine Deo.
Seeya guys. Family Time. :
Quoting Scrat
nice. exactly what i've been thinking.
don' tell me, you're thinking
here's what i think

i think but... time will tell.
"you're lips move, but I can't hear what you're saying"
Ok. So consumer sentiment came bad.

It would be dollar bearish. But also, it would be dow bearish, which is dollar bullish. Now, dow is going up after the news, which is dollar bearish but dollar is going bullish...
How can someone complain about Fridays, lovely day
Trade what you see, not what you think.
Quoting karmostaji
How can someone complain about Fridays, lovely day
Scalper's paradise today.
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