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Cable Update (GBPUSD)

  • #43,421
  • Dec 6, 2007 6:34am Dec 6, 2007 6:34am
Quicksilver, it probably has a lot of power to downside, but speculators like us are not gonna let that happens
  • #43,422
  • Dec 6, 2007 6:34am Dec 6, 2007 6:34am
Quoting Qu|cksilver
Cable has no "POWER" to go down... even tho the interest rate cut!
I keep my long...
im with u Qs i long at 2.0197
be patient, self-belief and discipline... stay focus...
  • #43,423
  • Dec 6, 2007 6:36am Dec 6, 2007 6:36am
still on the safe side
  • #43,424
  • Dec 6, 2007 6:37am Dec 6, 2007 6:37am
Quoting acidguy
Quicksilver, it probably has a lot of power to downside, but speculators like us are not gonna let that happens
According to Designer chart..yes cable can go lower but try to look when the interest rate statement out... only 60 pips down?? 60pips is nothing...
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,425
  • Dec 6, 2007 6:40am Dec 6, 2007 6:40am
Quoting Qu|cksilver
According to Designer chart..yes cable can go lower but try to look when the interest rate statement out... only 60 pips down?? 60pips is nothing...
Also what i think why going long because the USD dollar still in bearish level.
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,426
  • Dec 6, 2007 6:42am Dec 6, 2007 6:42am
Can you guys see the cable now?? Instead of going down..its going up... should be something wrong
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,427
  • Dec 6, 2007 6:43am Dec 6, 2007 6:43am
Quoting cesarnc
Somebody should resurrect the Lousy Calls Hall of Fame around here.
...they have been saying long long long since 0500
  • #43,428
  • Dec 6, 2007 6:43am Dec 6, 2007 6:43am
yes master... I see now.
  • #43,429
  • Dec 6, 2007 6:45am Dec 6, 2007 6:45am
Designer has a great imagination, the only way to validate his chart,
is probable he has an insider in bank of england. lol, he has decided the future of pound with an M5 chart, but who knows probable he is a very rich man and is decided to move the market.

beware guys
  • #43,430
  • Dec 6, 2007 6:48am Dec 6, 2007 6:48am
move up cable
be patient, self-belief and discipline... stay focus...
  • #43,431
  • Dec 6, 2007 6:48am Dec 6, 2007 6:48am
& there comes the pro trader...
  • #43,432
  • Dec 6, 2007 6:49am Dec 6, 2007 6:49am
what a hoot

everyone racing from one end of the boat to the other

consumer spending/housing is jaded in germany/ uk but the rest of it is strong

the USA has recruited 180,000 Santas for the xmas season (250,000 last year) and everyone thinks the dollar is saved

lovely jubbly


I like it
  • #43,433
  • Dec 6, 2007 6:51am Dec 6, 2007 6:51am
you guys are crazy longing this pair now. should wait for a retarce to 300 and short again. but u guys overtrade and try to ctach up and down moves, risky business, btw quicksilver ur INSIDERS were wrong, BOE had to cut it was a 80/20 call
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  • #43,434
  • Dec 6, 2007 6:53am Dec 6, 2007 6:53am
I am taking all my T/P off. Will leave trades till next week when cable hits 2.1
  • #43,435
  • Dec 6, 2007 6:54am Dec 6, 2007 6:54am
it will consolidate before the next major move down. even if US news really bad, we'll get a wick and then it should continue down. deja vue on usd/cad yesterday
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  • #43,436
  • Dec 6, 2007 6:54am Dec 6, 2007 6:54am
Quoting quickh23a
you guys are crazy longing this pair now. should wait for a retarce to 300 and short again. but u guys overtrade and try to ctach up and down moves, risky business, btw quicksilver ur INSIDERS were wrong, BOE had to cut it was a 80/20 call
yes i know my insider wrong... but why the hell cable not making 100 pips move when the interest rate statement out??? try to think... no point for you to short..

Buy at dip.
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,437
  • Dec 6, 2007 6:58am Dec 6, 2007 6:58am
Quoting Qu|cksilver
yes i know my insider wrong... but why the hell cable not making 100 pips move when the interest rate statement out??? try to think... no point for you to short..

Buy at dip.
Y? because the pips it lost in the past few days were pricing in a cut, but the downside risk is bigger then the upside, dont buy dips , sell rallies, any trader will tell u that, unless ur scalping and wanting to catch every 10 pips, trend is down and fundamentally BOE are getting in a cutting cycle that will not help either

the 2.0 will be a pivot point thru q1 of 2008
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  • #43,438
  • Dec 6, 2007 7:01am Dec 6, 2007 7:01am
Is that a fight between pro and newbie?
  • #43,439
  • Dec 6, 2007 7:01am Dec 6, 2007 7:01am
Quoting quickh23a
Y? because the pips it lost in the past few days were pricing in a cut, but the downside risk is bigger then the upside, dont buy dips , sell rallies, any trader will tell u that, unless ur scalping and wanting to catch every 10 pips, trend is down and fundamentally BOE are getting in a cutting cycle that will not help either

the 2.0 will be a pivot point thru q1 of 2008

no...no... cable won't go down

see you at 2.1
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,440
  • Dec 6, 2007 7:02am Dec 6, 2007 7:02am
Quoting Qu|cksilver
no...no... cable won't go down

see you at 2.1
fed has to cut 75Pts to get there again
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