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Cable Update (GBPUSD)

  • #45,301
  • Dec 17, 2007 8:06am Dec 17, 2007 8:06am
~2.00 i think
  • #45,302
  • Dec 17, 2007 8:07am Dec 17, 2007 8:07am
Merlin said this here http://www.forexfactory.com/showthread.php?t=60915

"this is very common that the price moves opposite what you'd expect during news releases. this is mostly because there are traders on the sidelines waiting to enter or add to their positions, and they use the negative news to get good price and liquidity. think about it...if you want to get long the USD with a HUGE position (ie you need lots of liquidity), when is the best time to do it?? when negative USD news comes out!!! and this is exactly what happens"


Still long from 2.0121 http://www.forexfactory.com/images/icons/icon10.gif
  • #45,303
  • Dec 17, 2007 8:08am Dec 17, 2007 8:08am
Quoting FXdaily
~2.00 i think
huh? why?
  • #45,304
  • Dec 17, 2007 8:11am Dec 17, 2007 8:11am
Quoting AmeriTrini
huh? why?
2.0190 stoploss
  • #45,305
  • Dec 17, 2007 8:11am Dec 17, 2007 8:11am
Quoting SpongeWorthy
This is the most ridiculous thread on site. Everyone brags about their wins and never mentions the losses, LOL. Does anyone here really care how much the other guy makes? Like QS today everyone saw his SL get hit at 101 then of course later he says he did great today convienently forgetting his loss. Then there are all the totally meaningless guesses on where the market will go. Make enough guesses and you are sure to be right sometime just like the blind squirrel finding his acorn. That is what this thread should be called "The Blind Squirrels"
i think it's not nice to say those things here. if u don't like this thread then i suggest another one just opened recently by certain pros.. just ignore us here.. we just trying to make some pips. at least QS giving away some great tips,the "pros" just too 'costly'...
  • #45,306
  • Dec 17, 2007 8:22am Dec 17, 2007 8:22am
i think market will move
  • #45,307
  • Dec 17, 2007 8:25am Dec 17, 2007 8:25am
Quoting deboooo2005
i think market will move
too slow..
"Invest With The Insiders, Not The Masses" George Muzea
  • #45,308
  • Dec 17, 2007 8:26am Dec 17, 2007 8:26am
Quoting SpongeWorthy
This is the most ridiculous thread on site. Everyone brags about their wins and never mentions the losses, LOL. Does anyone here really care how much the other guy makes? Like QS today everyone saw his SL get hit at 101 then of course later he says he did great today convienently forgetting his loss. Then there are all the totally meaningless guesses on where the market will go. Make enough guesses and you are sure to be right sometime just like the blind squirrel finding his acorn. That is what this thread should be called "The Blind Squirrels"
Yes there is a lot of that on here and you are right - but there are some great nuggets of gold every now and then. It seems to go in waves and you get all these wild people ranting and swearing and puffing up and then you get a few days where there is quiet serious comment and so it's worth hanging around for that. I don't think think you should clear off to another thread. We need a mix of opinion. What we don't need is all the nasty swearing and name calling and one line insults.

At any stage in a market trend there are people saying it's all over and it's going back the other way. There are times though where it seems there is
stronger evidence than usual and perhaps now is that time - that's worth discussing. Any time I made money recently I knew it was luck so I didn't brag. I would love to have a great system where I could brag. Then I would coz I am no angel....

So people don't leave here - and other people- don't tell people to go.. let's swap ideas...

even the idea that we are all squirrels randomly finding nuts is worth considering - it might even be true !
  • #45,309
  • Dec 17, 2007 8:28am Dec 17, 2007 8:28am

oh duds, this market is still deciding if go bull or bear.

is pretty undertandeable. these news are just not too easy to digest.
i also dont have a clue.

  • #45,310
  • Dec 17, 2007 8:29am Dec 17, 2007 8:29am
Down Cable Down
  • #45,311
  • Dec 17, 2007 8:29am Dec 17, 2007 8:29am
Quoting SpongeWorthy
This is the most ridiculous thread on site. Everyone brags about their wins and never mentions the losses, LOL. Does anyone here really care how much the other guy makes? Like QS today everyone saw his SL get hit at 101 then of course later he says he did great today convienently forgetting his loss. Then there are all the totally meaningless guesses on where the market will go. Make enough guesses and you are sure to be right sometime just like the blind squirrel finding his acorn. That is what this thread should be called "The Blind Squirrels"

Read the first page of the thread.

I think the thread is like a forex market itself. Here both the losers and winners are supposed to be boasting of their methods. Have you seen past analyses and fantastics graphs on where people think the market is going? Some think because it touched 200 EMA, it should go up, others think it should go down. Wonderful!, someone went to show weekly
chart to support his/her point for a day trader. Wonderful!

It is also ok if it is called the blind squirrels' thread. Provided everyone follow blindly. It is met for people who think they know where the market is going and in reality they don't know, so why do you want people to report losses. We only report gains like +100pips, and duck even when we give back -200pips one hour later. That is blindness.

The good side is that as a blind trader you think you are making progress until you have no money left.
  • #45,312
  • Dec 17, 2007 8:32am Dec 17, 2007 8:32am
Seems like cable will go down.....
Behave like a pro!! Never ever lose yourself in Forex world....
  • #45,313
  • Dec 17, 2007 8:32am Dec 17, 2007 8:32am
the best guess a trader can do in these conditions is to stay out till shit clears up
If I Go Broke Trying Then I Will die happy.
  • #45,314
  • Dec 17, 2007 8:33am Dec 17, 2007 8:33am
Quoting deboooo2005
Down Cable Down
Down Cable Down
  • #45,315
  • Dec 17, 2007 8:34am Dec 17, 2007 8:34am
Quoting deboooo2005
Down Cable Down
Down Down Down
  • #45,316
  • Dec 17, 2007 8:36am Dec 17, 2007 8:36am
Just give cable some time to accumulate the power.....
Behave like a pro!! Never ever lose yourself in Forex world....
  • #45,317
  • Dec 17, 2007 8:39am Dec 17, 2007 8:39am
feel like everyday is Friday now
  • #45,318
  • Dec 17, 2007 8:46am Dec 17, 2007 8:46am
up..up..
"Invest With The Insiders, Not The Masses" George Muzea
  • #45,319
  • Dec 17, 2007 8:49am Dec 17, 2007 8:49am
i am out man

what a fight between two excellent player deboo and quicksilver

dammddd i am out too much confusion

i am thinking it should be down for sure!
  • #45,320
  • Dec 17, 2007 8:49am Dec 17, 2007 8:49am
Thinking about it, when the US fed governors speak, shouldnt the dollar be increasing? i mean which country in the right mind would say shit to cause their own currency to go down?

and if thas th case, shouldnt GU go down?

hmmm, any ideas? just giving my few cents worth..
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