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Cable Update (GBPUSD)

  • #41,321
  • Nov 27, 2007 4:03am Nov 27, 2007 4:03am
Quoting Paddy
the 1hr is close to closing below the daily pivot, hopefully that will push it down
please refer to post 41331...not trying to be mean, but this is real money we're talking about...or demo money for others...


mm
He who hesitates is hesitant....which always leads to bad entries.
  • #41,322
  • Nov 27, 2007 4:08am Nov 27, 2007 4:08am
QS aware us if time to close the short!!!!!!!!!
  • #41,323
  • Nov 27, 2007 4:12am Nov 27, 2007 4:12am
Quoting Designer1
QS aware us if time to close the short!!!!!!!!!
You gotta "aware" yourself. I don't believe he is here to tell people what to do and I don't think he wants to either. But anyway, from what I've seen of QS so far, his trades go to its original target or it doesn't. He will change the SL to a BE sometimes but I don't know what the threshold is that makes him change that.
  • #41,324
  • Nov 27, 2007 4:16am Nov 27, 2007 4:16am
Quoting Qu|cksilver
based on my blind trade.

Quoting Qu|cksilver
based on my blind trade.


Well people who went Long blindly would want your
blind forecast to fail blindly. So far it has not.

Long position traders will say you are just leading people
blindly.

I don't know what Forexguru will be thinking of you by now.
It could be nice to hear his/her views

Myself: I am watching and interested in how you will
be able to trade with two eyes close below my planned
strategy.

http://www.forexfactory.com/showpost...4&postcount=47

Meanwhile lets collect the sell pips
  • #41,325
  • Nov 27, 2007 4:21am Nov 27, 2007 4:21am
Quoting fxbroker


Well people who went Long blindly would want your
blind forecast to fail blindly. So far it has not.

Long position traders will say you are just leading people
blindly.

I don't know what Forexguru will be thinking of you by now.
It could be nice to hear his/her views

Myself: I am watching and interested in how you will
be able to trade with two eyes close below my planned
strategy.

http://www.forexfactory.com/showpost...4&postcount=47

Meanwhile lets collect the sell pips
if i was short i would look to start to protect some of my profit, unless you have a long term plan.
If I Go Broke Trying Then I Will die happy.
  • #41,326
  • Nov 27, 2007 4:24am Nov 27, 2007 4:24am
Quoting kreeper_6
You gotta "aware" yourself. I don't believe he is here to tell people what to do and I don't think he wants to either. But anyway, from what I've seen of QS so far, his trades go to its original target or it doesn't. He will change the SL to a BE sometimes but I don't know what the threshold is that makes him change that.
That's right.
Market conditions always changed, so SL or TP also changed!

Always prepare for the unexpected move. We always expecting trending market but you must also prepare for ranging market!

just my 2 cents.
watch the cable..
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,327
  • Nov 27, 2007 4:25am Nov 27, 2007 4:25am
On my side, I'm 100% clueless about cable. Too close to the week open, sub 100 pips day yet, hovering around daily open (00GMT), stucked in a clutch of EMAs 'til the daily chart.

To me, this is indecision, market's waiting for direction....

Too bad the market movers don't read the thread for direction. We would have had 200 pips down then 200 pips up by now :
  • #41,328
  • Nov 27, 2007 4:26am Nov 27, 2007 4:26am
Quoting MACKEYMAX
depending on the second part of the "w" if higher than the first = bullish....if lower = bearish....hope that helps


mm
thanks....
  • #41,329
  • Nov 27, 2007 4:28am Nov 27, 2007 4:28am
Quoting cesarnc
On my side, I'm 100% clueless about cable. Too close to the week open, sub 100 pips day yet, hovering around daily open (00GMT), stucked in a clutch of EMAs 'til the daily chart.

To me, this is indecision, market's waiting for direction....

Too bad the market movers don't read the thread for direction. We would have had 200 pips down then 200 pips up by now :
we should get a better direction once u.s. news kick in.
If I Go Broke Trying Then I Will die happy.
  • #41,330
  • Nov 27, 2007 4:33am Nov 27, 2007 4:33am
DOWN CABLE DOWN !!
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,331
  • Nov 27, 2007 4:36am Nov 27, 2007 4:36am
Quoting Qu|cksilver
DOWN CABLE DOWN !!
qsilver...did you leave your magnets by the pivots of the pound and euro again?????

mm
He who hesitates is hesitant....which always leads to bad entries.
  • #41,332
  • Nov 27, 2007 4:39am Nov 27, 2007 4:39am
Quoting MACKEYMAX
qsilver...did you leave your magnets by the pivots of the pound and euro again?????

mm
i don't use pivot.
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,333
  • Nov 27, 2007 4:39am Nov 27, 2007 4:39am
Quoting Moe
we should get a better direction once u.s. news kick in.
Yes. And this is critical. Dow has already corrected to the psychological "10% from the top".

Futures now indicate a rebound, but until confirmed, Dow Jones is officially in correction.

Bumpy ride from here, imo
  • #41,334
  • Nov 27, 2007 4:41am Nov 27, 2007 4:41am
Quoting cesarnc
Bumpy ride from here, imo
Which means "bumpy opinions" in the thread as well
  • #41,335
  • Nov 27, 2007 4:46am Nov 27, 2007 4:46am
Quoting cesarnc
Which means "bumpy opinions" in the thread as well
did you stop trading the pound/dollar?
If I Go Broke Trying Then I Will die happy.
  • #41,336
  • Nov 27, 2007 4:50am Nov 27, 2007 4:50am
Quoting Moe
did you stop trading the pound/dollar?
Yes. Currently testing a couple of strategies in GJ. Doing ok so far. Stress free, just like I needed.

I just miss the good old days of the over trading thrill
  • #41,337
  • Nov 27, 2007 4:56am Nov 27, 2007 4:56am
Quoting cesarnc
Yes. Currently testing a couple of strategies in GJ. Doing ok so far. Stress free, just like I needed.

I just miss the good old days of the over trading thrill
i was overtrading, i made 600 trades in less then a month,...trust me u dont want that...:
its just money
  • #41,338
  • Nov 27, 2007 4:57am Nov 27, 2007 4:57am
GBP/USD: Pivoting 2.0700, Tories Boast 13% Lead Over Labour London, November 27. Cable is currently pivoting the 2.0700 level, having perked up from an intra-day low of 2.0669 which was plumbed after the disclosure of November"s above-forecast German IFO index (which buoyed EUR/GBP and EUR/USD). A 2.0700 option strike expires tomorrow (Wednesday).
The UK Conservatives have opened up a 13 percentage point lead over Labour, their biggest for 19 years, according to the last monthly poll by ComRes for The Independent. The next UK general election is expected in 2009 (but could be held as late as May 2010).
September"s S&P/Case-Shiller US home price index will be disclosed at 14:00GMT, with November"s Conference Board US consumer confidence gauge ensuing at 15:00GMT. Forecast: 91.0, from 95.6 in October. The Fed"s Plosser is slated to speak about the US economic outlook at 17:20GMT, with the Fed"s Evans due to speak about the US economy at 19:00GMT
  • #41,339
  • Nov 27, 2007 5:07am Nov 27, 2007 5:07am
NEWS: China & Euro Zone Will Prevent Sharp Swings In FX - PBOC London, November 27.
  • #41,340
  • Nov 27, 2007 5:31am Nov 27, 2007 5:31am
Who here still short?
"Invest With The Insiders, Not The Masses" George Muzea
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