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Cable Update (GBPUSD)

  • #39,241
  • Nov 9, 2007 6:21am Nov 9, 2007 6:21am
i knew something was up, just before n.y. close i got a strange signal to go short and i was about to drop my lot size and take a chance, but i said fuck it monday is a holiday so ima take a early weekend, then i woke up to this shit, mf, sob, damn.
If I Go Broke Trying Then I Will die happy.
  • #39,242
  • Nov 9, 2007 6:22am Nov 9, 2007 6:22am
This is crazy. I step away from my computer for a while and then, BANG! All of a sudden I see a waterfall of pips in front of my chart from the GBP/JPY and EUR/JPY pairs.

Great movement if you know what you are doing when trading.
  • #39,243
  • Nov 9, 2007 6:25am Nov 9, 2007 6:25am
well i guess il go sip on some tea, for all my englishmen, thanks again for the no vaseline treatment. all jokes aside, is anyone in a trade? because there is noway im trading in these conditions
If I Go Broke Trying Then I Will die happy.
  • #39,244
  • Nov 9, 2007 6:26am Nov 9, 2007 6:26am
Quoting maverick
This is crazy. I step away from my computer for a while and then, BANG! All of a sudden I see a waterfall of pips in front of my chart from the GBP/JPY and EUR/JPY pairs.

Great movement if you know what you are doing when trading.
come on now, you didn't expect this, or did you?
If I Go Broke Trying Then I Will die happy.
  • #39,245
  • Nov 9, 2007 6:26am Nov 9, 2007 6:26am
Did anybody notice that yesterday the FED pumped 1.2 billion...I said BILLION, in the market!! I'm sure they know something we don't!!!!
For he that would be deceived, let him.
  • #39,246
  • Nov 9, 2007 6:28am Nov 9, 2007 6:28am
im in usd/jypp
  • #39,247
  • Nov 9, 2007 6:29am Nov 9, 2007 6:29am
Quoting pinchapip
Did anybody notice that yesterday the FED pumped 1.2 billion...I said BILLION, in the market!! I'm sure they know something we don't!!!!
maybe they do, but this pair is still kind of high, and where just getting started this mourning, now we got u.s. news, so this thing could go back up to 1100's
If I Go Broke Trying Then I Will die happy.
  • #39,248
  • Nov 9, 2007 6:31am Nov 9, 2007 6:31am
News coming just to add fuel to the fire.

Said trade balance to come out in a nasty fashion due to oil surge.
  • #39,249
  • Nov 9, 2007 6:31am Nov 9, 2007 6:31am
who got the balls to go long, even tho it look like a short i say long, what you guys think?
If I Go Broke Trying Then I Will die happy.
  • #39,250
  • Nov 9, 2007 6:33am Nov 9, 2007 6:33am
Quoting Moe
maybe they do, but this pair is still kind of high, and where just getting started this mourning, now we got u.s. news, so this thing could go back up to 1100's
Agreed. Specially because euro wasn't hit that hard.

I was finding that selloff wierd coz the majors are not getting hit by dow jones lately. Well, not that strong.

If euro takes 47 back, likely cable to jump to the 1100 area.

Quoting Moe
who got the balls to go long, even tho it look like a short i say long, what you guys think?
I went long euro at this quick bottom. 4680 SL 4650
  • #39,251
  • Nov 9, 2007 6:34am Nov 9, 2007 6:34am
Quoting pinchapip
Did anybody notice that yesterday the FED pumped 1.2 billion...I said BILLION, in the market!! I'm sure they know something we don't!!!!
They know that we are headed up shit's creek.
Humble Lifetime Member
  • #39,252
  • Nov 9, 2007 6:34am Nov 9, 2007 6:34am
Quoting Moe
i knew something was up, just before n.y. close i got a strange signal to go short and i was about to drop my lot size and take a chance, but i said fuck it monday is a holiday so ima take a early weekend, then i woke up to this shit, mf, sob, damn.
It would be nice if you chill on the ghetto language, this forum is supposed to be educational. thanks!
  • #39,253
  • Nov 9, 2007 6:35am Nov 9, 2007 6:35am
Quoting cesarnc
News coming just to add fuel to the fire.

Said trade balance to come out in a nasty fashion due to oil surge.
Yeah, I heard that on Bloomberg also.
Humble Lifetime Member
  • #39,254
  • Nov 9, 2007 6:36am Nov 9, 2007 6:36am
short at 2.1012 stoploss 30 pips target 910
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,255
  • Nov 9, 2007 6:37am Nov 9, 2007 6:37am
Quoting Miguel
It would be nice if you chill on the ghetto language, this forum is supposed to be educational. thanks!
man please, who you suppose the be the thread language police, don't like it you know how to leave.
If I Go Broke Trying Then I Will die happy.
  • #39,256
  • Nov 9, 2007 6:38am Nov 9, 2007 6:38am
Quoting Moe
come on now, you didn't expect this, or did you?
Just like you said earlier, I also felt the urge to short those pairs.

Look at Cable how high it has been trading. I figured that soon some would be closing their long positions and Fridays are when things like this occur.

What makes me mad is that I got caught upgrading another computer of mine and did not really feel like trading this past two days. I am getting tired of this missed opportunities.

I need to concentrate more on my charting analysis and stop messing with my computers.
  • #39,257
  • Nov 9, 2007 6:42am Nov 9, 2007 6:42am
Quoting pinchapip
Did anybody notice that yesterday the FED pumped 1.2 billion...I said BILLION, in the market!! I'm sure they know something we don't!!!!
I know that... thats why i short yesterday waiting for the downward move.. but is only happen TODAY!!!!

Lucky only hit at BE yesterday no losses..

So today atleast... 200 pips from up.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,258
  • Nov 9, 2007 6:43am Nov 9, 2007 6:43am
where back down in the 900's im still thinking long but im saying out, market just to crazy to be taking a chance.
If I Go Broke Trying Then I Will die happy.
  • #39,259
  • Nov 9, 2007 6:43am Nov 9, 2007 6:43am
Quoting Moe
who got the balls to go long, even tho it look like a short i say long, what you guys think?
I'm long on some micro lots...what the heck...it is interest positive anyways !!!
For he that would be deceived, let him.
  • #39,260
  • Nov 9, 2007 6:47am Nov 9, 2007 6:47am
Quoting pinchapip
I'm long on some micro lots...what the heck...it is interest positive anyways !!!

I'll long at 2.0904 later IF reach that price or maybe at 2.0860
"Invest With The Insiders, Not The Masses" George Muzea
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