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Cable Update (GBPUSD)

  • #41,421
  • Nov 27, 2007 10:46am Nov 27, 2007 10:46am
I had nice ride with the bear just now.
  • #41,422
  • Nov 27, 2007 10:51am Nov 27, 2007 10:51am
not now my friend the bear is coming but not now
  • #41,423
  • Nov 27, 2007 10:54am Nov 27, 2007 10:54am
Quoting fxbroker
If they like they can keep Shouting
Down. I will not shout with them or
blame them.

can i shout again?
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,424
  • Nov 27, 2007 11:03am Nov 27, 2007 11:03am
Quoting Qu|cksilver
can i shout again?
Why are you asking me?

My support for Down ended already.
Keep it up

I ride with you until you are in danger I then
jump out!

I have not put in any live money in the market
as at now. Made only 30pips so far for today.
It was not an easy day. The bulls are confused
but they will regroup and I will join them from
this level. When? I don't know.

Maybe after New York close
  • #41,425
  • Nov 27, 2007 11:20am Nov 27, 2007 11:20am
Quoting cesarnc
Told'ya...

Anyways, good this way. Prevent you (me, actually) from following someone else's trades.

The fun part, though, is seeing cable popping 10 pips up every time the chorus sing the "Down" refrain

lol, i didn't think it was this bad.
If I Go Broke Trying Then I Will die happy.
  • #41,426
  • Nov 27, 2007 11:23am Nov 27, 2007 11:23am
Investors interpreted Citi's move as a sign that financial institutions were repairing the damage from a meltdown in the U.S. subprime mortgage market and the resulting credit crunch, which has been a big factor behind recent dollar weakness.

"The market right now is trading on the Citigroup news but there is still a lot more uncertainty out there," said Brian Taylor, senior currency trader at M&T Bank in Buffalo, New York. "Money is moving back and forth with no conviction on any level."



That's the awful truth. The Citi deal is just that: "The Citi deal". Tomorrow another financial officer farts and market tumbles again...
  • #41,427
  • Nov 27, 2007 11:36am Nov 27, 2007 11:36am
meanwhile: Slovenia post and banks offices were recenetly too full off investors(in thousonds) try to buy shares of nkbm bank which goes privatly and which stocks should be listed in stocks exchange in a month....just the obvious then Northeren rock issue,..which was heavilly shorted after the crisis emerged, so de123 raise eur/jpy expectations from neutral to outperperform with low target 172,20...
its just money
  • #41,428
  • Nov 27, 2007 11:36am Nov 27, 2007 11:36am
Quoting cesarnc
I

"The market right now is trading on the Citigroup news but there is still a lot more uncertainty out there," said Brian Taylor, senior currency trader at M&T Bank in Buffalo, New York. "Money is moving back and forth with no conviction on any level."
Whom do you believe? Brain or Qu|cksilver?

Qu|cksilver have been shouting down before the citi group news
The fact is market is in a range at daily chart level and anything
can happened. So you got to prepare for it if you are a day trader.

These people are just looking for reason why market is not
going up. It is like Down playing the Down groups since morning.
There must be a scape goat.
  • #41,429
  • Nov 27, 2007 11:41am Nov 27, 2007 11:41am
2.0530 next target and so on>>>>>>>>>>>>>>>>>>
  • #41,430
  • Nov 27, 2007 11:45am Nov 27, 2007 11:45am
Quoting fxbroker
Whom do you believe? Brain or Qu|cksilver?

Qu|cksilver have been shouting down before the citi group news
The fact is market is in a range at daily chart level and anything
can happened. So you got to prepare for it if you are a day trader.

These people are just looking for reason why market is not
going up. It is like Down playing the Down groups since morning.
There must be a scape goat.
I'm just sharing the information, buddy. I'm not in that crazy bandwagon you all put to run here.

People here are shouting down since 0500. Cable went up 200 pips. First time it goes down was today. Didn't even touch yesterday's low, by the way.

Now, of course any pair can go DOWN after going, say 200, 300 pips up. That DOES NOT IN ANY WAY OR CIRCUNSTANCE means "down was indeed the best trade. See? We gotta be patient".

I mean, CCC´´´´MMOOOOONNNNN!!!!!
  • #41,431
  • Nov 27, 2007 11:58am Nov 27, 2007 11:58am
Quoting cesarnc
I'm just sharing the information, buddy. I'm not in that crazy bandwagon you all put to run here.

People here are shouting down since 0500. Cable went up 200 pips. First time it goes down was today. Didn't even touch yesterday's low, by the way.

Now, of course any pair can go DOWN after going, say 200, 300 pips up. That DOES NOT IN ANY WAY OR CIRCUNSTANCE means "down was indeed the best trade. See? We gotta be patient".

I mean, CCC´´´´MMOOOOONNNNN!!!!!
i agree with that, trader's here or looking for trade signal's with no system of there own, btw this thing could continue it's down trend, if so i will look to jump on that train, this is base on my system not nobody trade, ive seen post where people say what should i do where should i put my s/l, if they don't know then they shouldn't be trading.
If I Go Broke Trying Then I Will die happy.
  • #41,432
  • Nov 27, 2007 11:59am Nov 27, 2007 11:59am
No more place for my trade this evening.
I'll better go past the chart to find new trading system so i can sell it.

At last loosers can make money on forex too.

[or rather on other traders ]
  • #41,433
  • Nov 27, 2007 12:01pm Nov 27, 2007 12:01pm
Quoting Moe
i agree with that, trader's here or looking for trade signal's with no system of there own,
btw you think, more people trading same system make results go better or worse?
  • #41,434
  • Nov 27, 2007 12:04pm Nov 27, 2007 12:04pm
this downtrend has not been confirm for me to take a trade, like i say my system aim for 150+ pips if it's not looking like it can drop by at least 100 pips im not on no train.
If I Go Broke Trying Then I Will die happy.
  • #41,435
  • Nov 27, 2007 12:07pm Nov 27, 2007 12:07pm
Quoting Moe
this downtrend has not been confirm for me to take a trade, like i say my system aim for 150+ pips if it's not looking like it can drop by at least 100 pips im not on no train.
There are trains and trains. I like the good looking ones hehe

http://usera.imagecave.com/meeso/Fun...Inferno_01.jpg
  • #41,436
  • Nov 27, 2007 12:09pm Nov 27, 2007 12:09pm
Quoting Kaligula
btw you think, more people trading same system make results go better or worse?
worst, a friend of mines once told me would you share something that you put your heart and soul into it then just share it so everybody else can make money off what you created, for me no, i might once in awhile tell my position, but il be crazy to tell everthing, if something makes you money stick with it, sharing can only hurt, now sharing idea's can help.
If I Go Broke Trying Then I Will die happy.
  • #41,437
  • Nov 27, 2007 12:15pm Nov 27, 2007 12:15pm
http://www.trading-plan.com/mindset_mouth_shut.html
If I Go Broke Trying Then I Will die happy.
  • #41,438
  • Nov 27, 2007 12:39pm Nov 27, 2007 12:39pm
Any chance for GU to be bullish again?
  • #41,439
  • Nov 27, 2007 12:44pm Nov 27, 2007 12:44pm
Quoting Moe
http://www.trading-plan.com/mindset_mouth_shut.html
Hallo Moe!

I read the article and find it rather redundant and contradicting. If one has faith in the methodology he or she uses, then there should be enough confidence for teaching, helping and tips.
On the other hand, every soul is woven differently and some may feel distracted by discussing their methods and trades. Others may actually need it to develop their "system". I guess here is no black & white, Yes & No, only I would & others wouldn't. But these are only our different views....

Good trades!
Gnat
  • #41,440
  • Nov 27, 2007 12:58pm Nov 27, 2007 12:58pm
Quoting Gnat
Hallo Moe!

I read the article and find it rather redundant and contradicting. If one has faith in the methodology he or she uses, then there should be enough confidence for teaching, helping and tips.
On the other hand, every soul is woven differently and some may feel distracted by discussing their methods and trades. Others may actually need it to develop their "system". I guess here is no black & white, Yes & No, only I would & others wouldn't. But these are only our different views....

Good trades!
Gnat
or you looking for direction?
If I Go Broke Trying Then I Will die happy.
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