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Cable Update (GBPUSD)

  • #38,121
  • Oct 31, 2007 6:15pm Oct 31, 2007 6:15pm
That sure is a fine ass

weekly and daily off the lo bunch of years back
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"Millionaires don't use astrology, billionaires do"
  • #38,122
  • Oct 31, 2007 6:36pm Oct 31, 2007 6:36pm
There will be small retracement first ..before fly again
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  • #38,123
  • Oct 31, 2007 6:39pm Oct 31, 2007 6:39pm
Quoting MrFuture
You guys are crazy to keep long positions. No matter what, this thing will correct very soon, just look at the daily chart, it cannot go any higher than that, at least not before a good correction.
Trust price. Know yourself.
  • #38,124
  • Oct 31, 2007 7:14pm Oct 31, 2007 7:14pm
Quoting SeekingLight
LOL
  • #38,125
  • Oct 31, 2007 7:38pm Oct 31, 2007 7:38pm
[WSJ]

Watching the U.S. currency continue to decline in value, our irreverent friends at the New York Sun have stopped referring to the dollar. They now call it "the Bernanke," in mock honor of the Federal Reserve Chairman who is presiding over the greenback's plunge. With another rate cut yesterday, Ben Bernanke and the Fed are continuing to act as if they like the Sun's moniker.


GBPBEN
  • #38,126
  • Oct 31, 2007 7:40pm Oct 31, 2007 7:40pm
Quoting benssol
LOL
LOL2.

I cannot believe. I am working on my laptop and havent realised that it is the freakin' Lone Wolf McQuade with Chuck Norris. I'll ask him what is his view on the markets.
.
  • #38,127
  • Oct 31, 2007 8:08pm Oct 31, 2007 8:08pm
Quoting SeekingLight
Must be overbought. Right.

Now you stop going higher Cable. Don't you know you are overbought. Little squiggly lines say so. Also reverse divergence, convergence, purgence, merge-ance, and resurgence.
  • #38,128
  • Oct 31, 2007 8:20pm Oct 31, 2007 8:20pm
Quoting SunTrader
Must be overbought. Right.

Now you stop going higher Cable. Don't you know you are overbought. Little squiggly lines say so. Also reverse divergence, convergence, purgence, merge-ance, and resurgence.
there is a regular divergence in 4H

but wait waiiiiit

it means a retrace coming
  • #38,129
  • Oct 31, 2007 8:50pm Oct 31, 2007 8:50pm
happy odl trader here, they just lower my spreads on gbp/usd and usd/chf to 2 pips each, it all good now.
If I Go Broke Trying Then I Will die happy.
  • #38,130
  • Oct 31, 2007 8:51pm Oct 31, 2007 8:51pm
Quoting benssol
[WSJ]

Watching the U.S. currency continue to decline in value, our irreverent friends at the New York Sun have stopped referring to the dollar. They now call it "the Bernanke," in mock honor of the Federal Reserve Chairman who is presiding over the greenback's plunge. With another rate cut yesterday, Ben Bernanke and the Fed are continuing to act as if they like the Sun's moniker.


GBPBEN


g'night all.. cya downstairs tomora
  • #38,131
  • Oct 31, 2007 8:53pm Oct 31, 2007 8:53pm
hi everyone,

As you all know, I've been off FX for quite a while now, haven't been trading much either except losing test positions coz of lack of insight into the recent scenario.

anyways, will post my final results of last month in a bit, which are +ve while I have decent floatings in -ve right now

hope we all have a rocking month ahead, cheers

BBL
Hello World!
  • #38,132
  • Oct 31, 2007 9:01pm Oct 31, 2007 9:01pm
I think we might see a retarcement to the low 2.06 after the fed cut.
  • #38,133
  • Oct 31, 2007 9:02pm Oct 31, 2007 9:02pm
Quoting ClockTrader
hi everyone,

As you all know, I've been off FX for quite a while now, haven't been trading much either except losing test positions coz of lack of insight into the recent scenario.

anyways, will post my final results of last month in a bit, which are +ve while I have decent floatings in -ve right now

hope we all have a rocking month ahead, cheers

BBL
these past 3 months cable has hurt a lot of traders, it's gonna bring in 2008 with a bang, be ready for whats comming.
If I Go Broke Trying Then I Will die happy.
  • #38,134
  • Oct 31, 2007 9:15pm Oct 31, 2007 9:15pm
Quoting cesarnc


g'night all.. cya downstairs tomora
  • #38,135
  • Oct 31, 2007 9:24pm Oct 31, 2007 9:24pm
I've been focusing hard on my local fin. markets which have been more promising, heck, I never cared so much, but now I do

Love FX equally :-)

Moe,

the rest of this year could be stormy, lets see

I'll be off FF for most of the while coz of lack of time, BUT will keep publishing monthly results with photos

PL is in points, in one case one position is double the size, rest all are same

CHOW :-)
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Hello World!
  • #38,136
  • Oct 31, 2007 9:42pm Oct 31, 2007 9:42pm
Nymex Crude broke $96 tonight. Oh boy!!!
  • #38,137
  • Oct 31, 2007 9:44pm Oct 31, 2007 9:44pm
Quoting SunTrader
Nymex Crude broke $96 tonight. Oh boy!!!
yep. eyes open.
USD Est Non Mortuus
  • #38,138
  • Oct 31, 2007 9:45pm Oct 31, 2007 9:45pm
Quoting SunTrader
Nymex Crude broke $96 tonight. Oh boy!!!
96.10 :surprised

4$ to 100

de123's prophecy
  • #38,139
  • Oct 31, 2007 9:45pm Oct 31, 2007 9:45pm
Quoting SunTrader
Nymex Crude broke $96 tonight. Oh boy!!!

good thing traders dont drive around much
  • #38,140
  • Oct 31, 2007 10:09pm Oct 31, 2007 10:09pm
Quoting Moe
happy odl trader here, they just lower my spreads on gbp/usd and usd/chf to 2 pips each, it all good now.
How come they lower your spread? I see my spread gbpusd still 3pip.
"Invest With The Insiders, Not The Masses" George Muzea
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