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Cable Update (GBPUSD)

  • #65,161
  • May 12, 2008 2:13am May 12, 2008 2:13am
Quoting JanPoko
Moe might not be too nice but for sure is he right. This "newbie" Navin practically hijacked the thread with his 1600+ posts looking almost "scientific" and saying nothing.

I much more prefer Moe's satiric and amusing perceptions than newbie's "analyses" overrunning the thread...

Sorry Navin, that's how I feel it...
Moe never gives any advice, analysis or direction. Only sarcasm, criticism and negativity....who needs that!
At least Nav is trying to contribute and show his thinking!
  • #65,162
  • May 12, 2008 2:22am May 12, 2008 2:22am
Let's stick to trading and not mud slinging. I think Navin does a good job with his posts in recognizing patterns and explaining his thinking. Is he always right? No, but who is?

He might not be as skilled as hard1head1, hornet, or others in here, but he has some knowledge to improve on. I think he just needs to get the mental aspect of it down and that will happen in time.

It might take him some time to start hitting on all cylinders, but he will eventually and when he does, he will be a good trader.

I know he has me beat when it comes to chart reading and recognition. So let's lay off the guy and if you don't like his analysis, then skip his post.
  • #65,163
  • May 12, 2008 2:25am May 12, 2008 2:25am
hi guys,

the news forecasts on the front page suggest no changes for gbp ppi output and trade balance. Any ideas on how this normally effects cable, if there is no change?

Thanks
  • #65,164
  • May 12, 2008 2:32am May 12, 2008 2:32am
Quoting superman
hi guys,

the news forecasts on the front page suggest no changes for gbp ppi output and trade balance. Any ideas on how this normally effects cable, if there is no change?

Thanks
I would think that should cause cable to go up.
Expected the unexpected
  • #65,165
  • May 12, 2008 2:38am May 12, 2008 2:38am
i am still long from 9474 from friday, looking for a big 200 pip bull run to retest the 4hr trendline

will add more if it falls to 9400
  • #65,166
  • May 12, 2008 2:46am May 12, 2008 2:46am
im also long from last week ...the trendline in my chart breaks then long should be good ..
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  • #65,167
  • May 12, 2008 3:08am May 12, 2008 3:08am
something tells me GU is gonna go down further....two reasons...it has not yet broken the once huge support, now huge resistance at 1.9500.....and second, just my gut feel abt the market...now lets see how good my gut feel is...
  • #65,168
  • May 12, 2008 3:10am May 12, 2008 3:10am
big traders have this habit of taking the price very close to support or resistance just b4 news time...dont get tempted by it...wait for the news....the big traders also give false breaks after news , so be wary of that as well...
  • #65,169
  • May 12, 2008 3:12am May 12, 2008 3:12am
Do you have to be sarcastic all the time, what’s the point ?
Dose it make you feel good?
Why not give us a chart and make yourself useful as Nav dose.


Quoting Moe
is it just me but navin don't seems to know what the hell he's doing, it just seems like he's very confuse. were looking at one of those newbies who won't be around to long.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #65,170
  • May 12, 2008 3:15am May 12, 2008 3:15am
Well if you only had pros posting here this would be a very quite place indeed.lol


Quoting JanPoko
Moe might not be too nice but for sure is he right. This "newbie" Navin practically hijacked the thread with his 1600+ posts looking almost "scientific" and saying nothing.

I much more prefer Moe's satiric and amusing perceptions than newbie's "analyses" overrunning the thread...

Sorry Navin, that's how I feel it...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #65,171
  • May 12, 2008 3:22am May 12, 2008 3:22am
Quoting Bones
Well if you only had pros posting here this would be a very quite place indeed.lol
thx guys..
i didnt comment cause he didnt deserve one

i hope this dont bounce of the 62 ema ...
  • #65,172
  • May 12, 2008 3:22am May 12, 2008 3:22am
I'm thinking of shorting cable short term right before the news with a tight sl.. looks like it has little room to climb with all the resistance around 95 but a long way to fall, plus as I remember UK news has a tradition of red color..

What'ya cable guys think ?
On the path to Enrichment.
  • #65,173
  • May 12, 2008 3:24am May 12, 2008 3:24am
touched daily pivot @ 1.9516. get ready.
  • #65,174
  • May 12, 2008 3:29am May 12, 2008 3:29am
Well shorted a bit from 10 with 23 pip sl, let's see..
On the path to Enrichment.
  • #65,175
  • May 12, 2008 3:30am May 12, 2008 3:30am
Quoting akirax
touched daily pivot @ 1.9516. get ready.
we have a bullish engulfing pattern of s1 and u want to short ...?
  • #65,176
  • May 12, 2008 3:32am May 12, 2008 3:32am
Wow surprisingly good news, jumped out with 3 red pips. Oh well..
On the path to Enrichment.
  • #65,177
  • May 12, 2008 3:34am May 12, 2008 3:34am
going long on pull back to 10EMA
  • #65,178
  • May 12, 2008 3:42am May 12, 2008 3:42am
forgive me if i came off rude.
If I Go Broke Trying Then I Will die happy.
  • #65,179
  • May 12, 2008 3:44am May 12, 2008 3:44am
Quoting Moe
forgive me if i came off rude.
moe moe moe ...
  • #65,180
  • May 12, 2008 3:46am May 12, 2008 3:46am
Quoting nAVIN2007
moe moe moe ...
If I Go Broke Trying Then I Will die happy.
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