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Daily Cable Analysis

  • #3,261
  • Jan 23, 2007 7:23am Jan 23, 2007 7:23am
Quoting wshhmm
i am thinking who is buying it up, only shorters?

Most of traders now try to have short on this position ....
  • #3,262
  • Jan 23, 2007 7:23am Jan 23, 2007 7:23am
Quoting viking
So you think US trader what to fuck national currency???!!
Well, two options,

- they are not showing up to work today

- they are cracking the computers wide open

CMOM! SELLERS... SHOW UP... I WANT MY MONEY BACK - LOL
  • #3,263
  • Jan 23, 2007 7:24am Jan 23, 2007 7:24am
It looks to me as if they are buying everything against the dollar for some reason maybe there worried about the state of the union address tonight..??? i hope im not repeating anything...or anyone
  • #3,264
  • Jan 23, 2007 7:24am Jan 23, 2007 7:24am
Quoting viking
Most of traders now try to have short on this position ....

If most traders haven't given up their weak speculative shorts already, this will continue to climb. Then it will be time to shakeout weak longs.
Man who scratches ass should not bite fingernails
  • #3,265
  • Jan 23, 2007 7:25am Jan 23, 2007 7:25am
Quoting viking
Most of traders now try to have short on this position ....
ye, if we got more shorters here, 2.0 will be there. the price action is very strong and no sign to go short. i just shorted at 906, panicly covered with 2 pips. all shorts might be same as my psych now.
  • #3,266
  • Jan 23, 2007 7:29am Jan 23, 2007 7:29am
I saw a resist line on 1.9910

and market will change direct if only goes under 1.9655
  • #3,267
  • Jan 23, 2007 7:29am Jan 23, 2007 7:29am
The Last techinical available here...

On my 5min, the price was bouncing at the Mid Bollinger Band all the way up.

It's about to bounce again, or go thru it the way down... That's what I'm on right now...

Mid BB now is 9886
  • #3,268
  • Jan 23, 2007 7:30am Jan 23, 2007 7:30am
gowth and curency work together in this way....
growth +, currency - or
growth -, currency + ...

election thing works this way
before election
growth -
currency +

after established goverment
gowth +
currency -

its just money
  • #3,269
  • Jan 23, 2007 7:33am Jan 23, 2007 7:33am
From 1.9771 -> 1.9912

support on 1.9880

then on 1.9860
  • #3,270
  • Jan 23, 2007 7:36am Jan 23, 2007 7:36am
i just got crushed, i manage almost 30 accounts, margin calls on about half of them, maybe i should've been using less margin on my lots, but i was hellbent that my short with all my clients at 1.9838 was golden. im fuckin shellshocked right now. i dont think its going to $2. it has to turn around. im trying so hard to be patient and let this major drawdown play itself out since theres no news im hoping technicals kick the fuck in soon. im gonna have a lot of explaining to do.

somebody say a little prayer for me please.

dear god, i know i don't ask for much, but please, pleeeeaaasssee, make the cable retrace, i was having such a good fucking month too.

dammit
  • #3,271
  • Jan 23, 2007 7:38am Jan 23, 2007 7:38am
I feel as if this rally carrys no weight with it. It is floating up all on heavy speculation and over anxiety. Nobody really knows what the Fed will do, or for that matter, the true state of our economy and inflation. This has all been spurred by that surprise hike by BOE - even though timing was off, it was expected somewhat, this is just a huge overvaluation for the current time. This will correct bigtime - fast and furious, albeit on daily interval - to a level that would create an equilibrium between uncertain parties to a range between where we are now and 9400's. Look at thanksgiving day rally and subsequent move, what was the catalyst for that one. This is all priced in already, and although I see 2.000 as a great possibility in the near future, we will need more clarity into the state of our economy as well as that of Europes before we can successfully move into a whole new exchange range. What bill GBP exports look like if this continues. What will world exports look like if this continues. This will make a quick turn soon(like I said in an earlier post, soon means in time not necessarily in price).
Man who scratches ass should not bite fingernails
  • #3,272
  • Jan 23, 2007 7:40am Jan 23, 2007 7:40am
I say hold your bears....

Indicators are recovering fast from overbought with 16 pips down only. 9880 is the first fib (23) from today and price is sideways on the 5M right at the Mid BB

There are bulls in the area yet...
  • #3,273
  • Jan 23, 2007 7:43am Jan 23, 2007 7:43am
Quoting pipple
i just got crushed, i manage almost 30 accounts, margin calls on about half of them, maybe i should've been using less margin on my lots, but i was hellbent that my short with all my clients at 1.9838 was golden. im fuckin shellshocked right now. i dont think its going to $2. it has to turn around. im trying so hard to be patient and let this major drawdown play itself out since theres no news im hoping technicals kick the fuck in soon. im gonna have a lot of explaining to do.

somebody say a little prayer for me please.

dear god, i know i don't ask for much, but please, pleeeeaaasssee, make the cable retrace, i was having such a good fucking month too.

dammit
i got same feeling, till now the price action is damn strong.
  • #3,274
  • Jan 23, 2007 7:44am Jan 23, 2007 7:44am
Well, NY market opens in about 15 min, I wonder which direction the market will head after the opening?
  • #3,275
  • Jan 23, 2007 7:47am Jan 23, 2007 7:47am
Quoting Jon Reed
Well, NY market opens in about 15 min, I wonder which direction the market will head after the opening?

Actually, the New York market opened 45 minutes ago.
  • #3,276
  • Jan 23, 2007 7:47am Jan 23, 2007 7:47am
Quoting Jon Reed
Well, NY market opens in about 15 min, I wonder which direction the market will head after the opening?
i bet nobody dear to short it because all expect 2 there.
  • #3,277
  • Jan 23, 2007 7:47am Jan 23, 2007 7:47am
Know what? THE LOUSY MONDAY caught us pants off... Who could ever imagine this after the boring activity as of yesterday?
  • #3,278
  • Jan 23, 2007 7:48am Jan 23, 2007 7:48am
Quoting pipple
i just got crushed, i manage almost 30 accounts, margin calls on about half of them, maybe i should've been using less margin on my lots, but i was hellbent that my short with all my clients at 1.9838 was golden. im fuckin shellshocked right now. i dont think its going to $2. it has to turn around. im trying so hard to be patient and let this major drawdown play itself out since theres no news im hoping technicals kick the fuck in soon. im gonna have a lot of explaining to do.

somebody say a little prayer for me please.

dear god, i know i don't ask for much, but please, pleeeeaaasssee, make the cable retrace, i was having such a good fucking month too.

dammit

Herse a little one I got from substance abuse rehabilitation -

God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference.

This is not a joke my friend - I know you are hellbent, but life goes on. You will have explaining to do, but that comes with the territory doesn't it. Be firm, stand straight, and admit your mistakes(regardless of the outcome) and accept the consequences. Learn from this, regroup and prevail. You will be a much stronger man for it.
Man who scratches ass should not bite fingernails
  • #3,279
  • Jan 23, 2007 7:53am Jan 23, 2007 7:53am
ok, here we try.

i try to short 1 @900, see what happen.

god!
  • #3,280
  • Jan 23, 2007 7:55am Jan 23, 2007 7:55am
Quoting Leugimp
Herse a little one I got from substance abuse rehabilitation -

God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference.

This is not a joke my friend - I know you are hellbent, but life goes on. You will have explaining to do, but that comes with the territory doesn't it. Be firm, stand straight, and admit your mistakes(regardless of the outcome) and accept the consequences. Learn from this, regroup and prevail. You will be a much stronger man for it.
thanks man, i needed to read that, its not the end of the world, still have good client base, life of a forex broker i guess, tomorrow's another day
or maybe the next 3 hours??????????
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