DislikedHi, i am new in Forex Factory, is this thread about trading the cable?Ignored
Cable Update (GBPUSD)
- #37,622
- Oct 26, 2007 8:20am Oct 26, 2007 8:20am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
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,
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- #37,625
- Oct 26, 2007 8:27am Oct 26, 2007 8:27am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts | Online Now
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,
3rd post and already throwing shit in the fan
- #37,628
- Oct 26, 2007 8:44am Oct 26, 2007 8:44am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts | Online Now
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
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
- #37,629
- Oct 26, 2007 8:44am Oct 26, 2007 8:44am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
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?
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?
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.
- #37,630
- Oct 26, 2007 8:48am Oct 26, 2007 8:48am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts | Online Now
- #37,631
- Oct 26, 2007 8:49am Oct 26, 2007 8:49am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
getting ready here...
cable is 0600 today, euro 1.4430/50 or you can call me Mamma Bruschetta
Nihil Sine Deo.
- #37,632
- Oct 26, 2007 8:52am Oct 26, 2007 8:52am
- | Joined Apr 2007 | Status: May the Pips be with you | 328 Posts
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?
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.
- #37,635
- Oct 26, 2007 9:09am Oct 26, 2007 9:09am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
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.
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.
gbp weekly.. Could you please pay attention to the last bar?
Nihil Sine Deo.
- #37,637
- Oct 26, 2007 9:18am Oct 26, 2007 9:18am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts | Online Now
- #37,638
- Oct 26, 2007 9:21am Oct 26, 2007 9:21am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts | Online Now
- #37,639
- Oct 26, 2007 9:27am Oct 26, 2007 9:27am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
How can someone complain about Fridays, lovely day
Trade what you see, not what you think.
- #37,640
- Oct 26, 2007 9:31am Oct 26, 2007 9:31am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts | Online Now
How can someone complain about Fridays, lovely day