Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#67,841
May 27, 2008 2:32am May 27, 2008 2:32am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Quoting fxswing

Disliked

Depending on size allocation that's trading the usd/jpy...

Ignored

No, not really. It's saying that the EUR, GBP, AUD, and NZD are stronger then the JPY and the USD.

#67,842
May 27, 2008 2:34am May 27, 2008 2:34am

fxswing
| Joined Aug 2006 | Status: Trader | 1,355 Posts

Quoting Clouds

Disliked

No, not really. It's saying that the EUR, GBP, AUD, and NZD are stronger then the JPY and the USD.

Ignored

Yep, you're right I misread that you where on the same direction on all pairs; my wrong

Getting it right is NOT as important as not getting it wrong.

#67,843
May 27, 2008 2:39am May 27, 2008 2:39am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

My SL is in about 30 minutes maybe.

#67,844
May 27, 2008 2:43am May 27, 2008 2:43am

benssol
Joined Jan 2007 | Status: Trader | 1,407 Posts

Quoting Moe

Disliked

what kind of trading is that?

Ignored

lol

#67,845
May 27, 2008 2:52am May 27, 2008 2:52am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Bounce baby

#67,846
May 27, 2008 2:54am May 27, 2008 2:54am

fxdoc
| Joined Nov 2007 | Status: Trader | 147 Posts

Quoting fxdoc

Disliked

From the low of 1.9362:

swing 1 up to 1.9622
swing 2 down to 1.9452
swing 3 up to 1.9717
swing 4 down to 1.9612
swing 5 up to 1.9847

in Elliott wave theory, after 5 swings, any market is due for a counter trend move retracing the 5 swings .........

Cable could easely come back 50% to 1.9600 area
AND Cable may reach 2.04/2.06 in a wave C in 5 major swings and this 5 minor swings structure is no. 1 major.
Now down for no. 2.

But i could be wwrrrong !!!

Ignored

I will stick to that analysis until proven wrong.......

#67,847
May 27, 2008 2:54am May 27, 2008 2:54am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

when it rains it pours

If I Go Broke Trying Then I Will die happy.

#67,848
May 27, 2008 2:59am May 27, 2008 2:59am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

i just took a look at the members at the bottom of this thread, look like we got a new group, i been around this thread since it was started, there been a new group every 2-3 months, some go on to bigger things and some drop off the map never to be heard from again.

If I Go Broke Trying Then I Will die happy.

#67,849
May 27, 2008 3:02am May 27, 2008 3:02am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

cable is a beast to trade

...please help me.

If I Go Broke Trying Then I Will die happy.

#67,850
May 27, 2008 3:02am May 27, 2008 3:02am

salah k.
Joined Apr 2007 | Status: Trader | 2,387 Posts

Quoting Clouds

Disliked

I've no SL, I'm long on AU, EU, GU, NU, AJ, EJ, GJ, NJ

Ignored

are u long at the same time u entered long at cable when it was 9820???

"what doesn't bankrupt me, makes me stronger" modern nietzche

#67,851
May 27, 2008 3:04am May 27, 2008 3:04am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts

I would think about cashing some of my short postions

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On-site guru & also FF member's' psychiatrist, when not drinking tea

#67,852
May 27, 2008 3:05am May 27, 2008 3:05am

benssol
Joined Jan 2007 | Status: Trader | 1,407 Posts

Quoting Moe

Disliked

i just took a look at the members at the bottom of this thread, look like we got a new group, i been around this thread since it was started, there been a new group every 2-3 months, some go on to bigger things and some drop off the map never to be heard from again.

Ignored

every market has this characteristic

I've been in stocks traders chat groups in many market around the world and every 4 months you see new names and forget the old names

"When you read contemporary accounts of booms or panics the one thing that strikes you most forcibly is how little either stock speculation or stock speculators to-day differ from yesterday.

The game does not change and neither does human nature."

Livermore,

#67,853
May 27, 2008 3:07am May 27, 2008 3:07am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

that would be a good idea bones.

If I Go Broke Trying Then I Will die happy.

#67,854
May 27, 2008 3:10am May 27, 2008 3:10am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

i to would be gone, this is my last summer going back and fourth to the bahamas, im making my move full time to the bahamas later this summer.

If I Go Broke Trying Then I Will die happy.

#67,855
May 27, 2008 3:13am May 27, 2008 3:13am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Quoting salah k.

Disliked

are u long at the same time u entered long at cable when it was 9820???

Ignored

yeah, but, ill just wait till Im ahead, and liquidate out. some pairs may be negative, some not, but when overall im ahead, ill liquidate. its not recommended way to trade, of course, but i get interest too.

#67,856
May 27, 2008 3:16am May 27, 2008 3:16am

salah k.
Joined Apr 2007 | Status: Trader | 2,387 Posts

Quoting Clouds

Disliked

yeah, but, ill just wait till Im ahead, and liquidate out. some pairs may be negative, some not, but when overall im ahead, ill liquidate. its not recommended way to trade, of course, but i get interest too.

Ignored

i know wat u mean but 3 weeks ago u would have got killer prices and by now cashed out and sitting in the bahamas.

any way good luck bro and for ur sake i would hope US number comes in week today.

all the best

"what doesn't bankrupt me, makes me stronger" modern nietzche

#67,857
May 27, 2008 3:24am May 27, 2008 3:24am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Quoting salah k.

Disliked

i know wat u mean but 3 weeks ago u would have got killer prices and by now cashed out and sitting in the bahamas.

any way good luck bro and for ur sake i would hope US number comes in week today.

all the best

Ignored

yeah thats true about the prices, GBP news in a few minutes also