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Cable Update (GBPUSD)

  • #46,241
  • Dec 20, 2007 4:08am Dec 20, 2007 4:08am
Hey Guys, I'm new to the thread.

It seems to me that the GBP is continuing to rest as it has been most of the day. After all, hasn't it just run a good marathon? Tonights probably one of those nights/days to stay out, although having said that, I'm in @ 1.9900 waiting to catch up and go down some more.

And BTW, I don't know how you guys could possibly know where things are going unless you factor in Elliot Wave.

Don't mean to sound like I know more than I do, but I really don't believe the news to be a directional force for market activity, and it seems like you guys are talkin' about it a lot.

Cheers!
  • #46,242
  • Dec 20, 2007 4:12am Dec 20, 2007 4:12am
Okey im out with +300$
Im looking Higher dip and then 10 LOT SHORT
  • #46,243
  • Dec 20, 2007 4:14am Dec 20, 2007 4:14am
Quoting fx-SOS
Hey Guys, I'm new to the thread.

It seems to me that the GBP is continuing to rest as it has been most of the day. After all, hasn't it just run a good marathon? Tonights probably one of those nights/days to stay out, although having said that, I'm in @ 1.9900 waiting to catch up and go down some more.

And BTW, I don't know how you guys could possibly know where things are going unless you factor in Elliot Wave.

Don't mean to sound like I know more than I do, but I really don't believe the news to be a directional force for market activity, and it seems like you guys are talkin' about it a lot.

Cheers!
hey what does your mean Elliot Wave? is this system or something study pattern?
  • #46,244
  • Dec 20, 2007 4:20am Dec 20, 2007 4:20am
Quoting Designer1
hey what does your mean Elliot Wave? is this system or something study pattern?
Well now, I have to be very careful with what I say, as I've already recently been banned and reinstated to the room. They're very strict here it seems, and apparently, I broke "rule #2", and was supposed to be punished till the new year. I don't know what you're allowed to say and what not.

Why don't u just look it up on Google. My point is, that news DO NOT drive markets. If you people are under that assumption, because news affects currencies at the time, then you are as wrong as black and white. Currencies do as they wish re Elliot Wave and news only is like a bump in the road, for which they then resume their elliot wave path. Please tell me that y'all knew that.
  • #46,245
  • Dec 20, 2007 4:21am Dec 20, 2007 4:21am
HEHEHE im fuc...ng stupid too earlier out again.
  • #46,246
  • Dec 20, 2007 4:23am Dec 20, 2007 4:23am
I'm on the opinion of it coming further down and will go up after christmas, so still shorting till christmas, 3 Jan will probably go up as seen on past years
  • #46,247
  • Dec 20, 2007 4:23am Dec 20, 2007 4:23am
Quoting FXdaily
HEHEHE im fuc...ng stupid too earlier out again.
no problem man i'm out from morning 5 pips + ... important thing that you dont do - pips
  • #46,248
  • Dec 20, 2007 4:26am Dec 20, 2007 4:26am
should break 1.9895 this time.
TRADE FOR SWAP
  • #46,249
  • Dec 20, 2007 4:26am Dec 20, 2007 4:26am
i just got 19 pips
  • #46,250
  • Dec 20, 2007 4:28am Dec 20, 2007 4:28am
all the big money is becomingly increasingly risk averse and putting it back in cash, hence the unwinding about to happen in guppy and euraud (a very high r/r short play at the moment).
TRADE FOR SWAP
  • #46,251
  • Dec 20, 2007 4:29am Dec 20, 2007 4:29am
just went with small amount long at 9910 stop 9898 lets see.
  • #46,252
  • Dec 20, 2007 4:32am Dec 20, 2007 4:32am
Quoting fx-SOS
Well now, I have to be very careful with what I say, as I've already recently been banned and reinstated to the room. They're very strict here it seems, and apparently, I broke "rule #2", and was supposed to be punished till the new year. I don't know what you're allowed to say and what not.

Why don't u just look it up on Google. My point is, that news DO NOT drive markets. If you people are under that assumption, because news affects currencies at the time, then you are as wrong as black and white. Currencies do as they wish re Elliot Wave and news only is like a bump in the road, for which they then resume their elliot wave path. Please tell me that y'all knew that.
So, please tell me in which wave are we now, at my last analysis i can say we are in the end of (C) now from the one began @ 1.9875 and ended @ 2.1165
  • #46,253
  • Dec 20, 2007 4:33am Dec 20, 2007 4:33am
looking for bounce - upside 9965 still thinking it will reach after then
i will go for short
  • #46,254
  • Dec 20, 2007 4:44am Dec 20, 2007 4:44am
Quoting XIII
So, please tell me in which wave are we now, at my last analysis i can say we are in the end of (C) now from the one began @ 1.9875 and ended @ 2.1165
Cool, u r on it -- that's what I wanted to know. I have no clue ! I'm not using it now, not set up for it (using a new Macintosh, as PC broke down - don't even have Windows yet), and my quite expensive subscription
needs to be reinstated -- might do that in a few hours, when they open, seeing that I have the trading urge again now that I've discovered y'all on this thread.

Meanwhile, seeing that you're into it, it'd be great if you could put up a chart!
  • #46,255
  • Dec 20, 2007 4:48am Dec 20, 2007 4:48am
90% of my position out, 135+.....gonna ride the last 10%, c if it'll break below the .9876 mark...
  • #46,256
  • Dec 20, 2007 4:50am Dec 20, 2007 4:50am
hehe nice battle going for 1.99
  • #46,257
  • Dec 20, 2007 5:05am Dec 20, 2007 5:05am
Work is done my pipses is collected, im going out lunch now.
  • #46,258
  • Dec 20, 2007 5:07am Dec 20, 2007 5:07am
i am thinking today cable will reach 9650!!!!!!!!!!!

lets seeeeeeeeeeeeeee
  • #46,259
  • Dec 20, 2007 5:08am Dec 20, 2007 5:08am
mmm, very much doubt it, but you can see a major move starting on euraud.
TRADE FOR SWAP
  • #46,260
  • Dec 20, 2007 5:12am Dec 20, 2007 5:12am
Quoting Designer1
i am thinking today cable will reach 9650!!!!!!!!!!!

lets seeeeeeeeeeeeeee
you lol
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