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Cable Update (GBPUSD)

  • #47,901
  • Jan 3, 2008 3:58am Jan 3, 2008 3:58am
Quoting Qu|cksilver
I long now...


Up cable up!!!
Would be stupidity to long. when trend has changed to bearish
  • #47,902
  • Jan 3, 2008 3:59am Jan 3, 2008 3:59am
1.9719 IM LONG in 6 LOT
  • #47,903
  • Jan 3, 2008 4:01am Jan 3, 2008 4:01am
Quoting ShowMeThePips
I will be looking to trade the ADP indicator like this:

To be safe, a reading of -20K or more negative would be weakening the U.S. dollar in general. A reading of 100K or higher would be strengthening the U.S. dollar. I would trade this on USD/JPY. I would look to buy USD/JPY on reading of 100K or higher, and sell USD/JPY on a reading of -20K or more negative.
ADP is a very poor indicator... poor correlation to NON-FARM lost its creditabilty in last report
Trading is 80% Emotional, 20% Technical
  • #47,904
  • Jan 3, 2008 4:03am Jan 3, 2008 4:03am
Quoting jacobtrader
Would be stupidity to long. when trend has changed to bearish
The daily trend changed back on Nov.09.2007 (For those who were looking). I still have my shorts open from Nov.08.2007 from 2.1085. Riding it all the way down until there is a clear indication that this beast has turned around.
Humble Lifetime Member
  • #47,905
  • Jan 3, 2008 4:04am Jan 3, 2008 4:04am
caught a 132 pips drop in GBP/JPY.

Seems like the support levels for cable didnt hold though. Next level of support at 1.9700.
  • #47,906
  • Jan 3, 2008 4:05am Jan 3, 2008 4:05am
Quoting jacobtrader
Would be stupidity to long. when trend has changed to bearish
not stupid. cable already touch the bottom. we are going up now..
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,907
  • Jan 3, 2008 4:05am Jan 3, 2008 4:05am
Quoting Qu|cksilver
not stupid. cable already touch the bottom. we are going up now..
we agree
  • #47,908
  • Jan 3, 2008 4:06am Jan 3, 2008 4:06am
Quoting deboooo2005
this is my view ... its my view ....
Sorry - wasn't trying to be disrepectful
It's just not of new jobs - year ago the was 100+K
previous month there 180+K New - last most forcast is for only 45K new
I wish I could tell you we (US) were in better shape then we are.
A lot of folks out of work over here - sorry
  • #47,909
  • Jan 3, 2008 4:08am Jan 3, 2008 4:08am
UPUPUP gogogogogo Cable up
  • #47,910
  • Jan 3, 2008 4:10am Jan 3, 2008 4:10am
I Think Its Going To 1.9650 Im Long From There Im Hopeing It Will Touch By 1 Gmt
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #47,911
  • Jan 3, 2008 4:10am Jan 3, 2008 4:10am
Quoting FXdaily
UPUPUP gogogogogo Cable up
  • #47,912
  • Jan 3, 2008 4:10am Jan 3, 2008 4:10am
Quoting FXdaily
UPUPUP gogogogogo Cable up
Attached Image
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,913
  • Jan 3, 2008 4:12am Jan 3, 2008 4:12am
Quoting Qu|cksilver

up
  • #47,914
  • Jan 3, 2008 4:12am Jan 3, 2008 4:12am
Quoting Bones
I Think Its Going To 1.9650 Im Long From There Im Hopeing It Will Touch By 1 Gmt
Yes it will fall.
Cause it has breached the support 1.9745 levels.
  • #47,915
  • Jan 3, 2008 4:14am Jan 3, 2008 4:14am
Quoting jacobtrader
Yes it will fall.
Cause it has breached the support 1.9745 levels.

Long GU Long...!!!
We are going up to the sky...
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,916
  • Jan 3, 2008 4:16am Jan 3, 2008 4:16am
Quoting FXdaily
1.9719 IM LONG in 6 LOT
You long GU. Wow and its up! What indicator you are using?

Thanks in advance
Theres' light at the end of the tunnel....
  • #47,917
  • Jan 3, 2008 4:17am Jan 3, 2008 4:17am
Quoting Qu|cksilver
UP Till where?
  • #47,918
  • Jan 3, 2008 4:17am Jan 3, 2008 4:17am
Quoting FXdaily
UPUPUP gogogogogo Cable up
20 pips will do for now. THANKS!!
" THE BRAIN IS LIKE A PARACHUTE ... WORKS BEST WHEN OPEN "
  • #47,919
  • Jan 3, 2008 4:20am Jan 3, 2008 4:20am
Quoting kusniagos
You long GU. Wow and its up! What indicator you are using?

Thanks in advance
Dont ask just follow .
  • #47,920
  • Jan 3, 2008 4:21am Jan 3, 2008 4:21am
Quoting ShowMeThePips
20 pips will do for now. THANKS!!
You are Welcome.
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