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Cable Update (GBPUSD)

  • #73,741
  • Jul 1, 2008 6:24am Jul 1, 2008 6:24am
Quoting DJ4x
Hey guys.... what a crap day this is turning out to be. Still holding shorts..... Lets see what happens

dont worry ....either this going to be the best trade or the worst one we ever had ..

thoughts on this would be good

buying here would be like saying we really going to breakout and looking at the chart we looking at a extreme point
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  • #73,742
  • Jul 1, 2008 6:30am Jul 1, 2008 6:30am
I am finally free from the deadly trap of signals and robot traders. I can now go hunting with my friends on FF. Lets keep hunting for pips.
We need a guy to invent our own nuclear pip killer and AK47 Pip assault rifle.
  • #73,743
  • Jul 1, 2008 6:30am Jul 1, 2008 6:30am
Quoting Moe
on forex trading accounts worldwide, there big rumor's of traders killing them selfs worldwide, rumor has it 98% of traders was short including the big boys, causing the market to slope down now. this is huge, mo news network (mnn) is reporting hearing gun shots at major forex banks
also traders in forums and chat rooms is nowhere to be found this have cause great concern, cops say one min they was chating happliy about there shorts then not a single words when price went up, cops say they will do house to house search hoping each trader is ok, m.n.n. has just reported soros jr from ff has just pull the trigger, today is a bad day.
If I Go Broke Trying Then I Will die happy.
  • #73,744
  • Jul 1, 2008 6:33am Jul 1, 2008 6:33am
Juz went short. Wish me luck...
  • #73,745
  • Jul 1, 2008 6:33am Jul 1, 2008 6:33am
Quoting Moe
also traders in forums and chat rooms is nowhere to be found this have cause great concern, cops say one min that was chating happliy about there shorts then not a single words when price went up, cops say they will do house to house search hoping each trader is ok, m.n.n. has just reported soros jr from ff has just pull the trigger, today is a bad day.
Cause we only have bragging rights on the green. Any red pips, then we too busy having anxiety attacks.
  • #73,746
  • Jul 1, 2008 6:34am Jul 1, 2008 6:34am
Quoting Moe
also traders in forums and chat rooms is nowhere to be found this have cause great concern, cops say one min they was chating happliy about there shorts then not a single words when price went up, cops say they will do house to house search hoping each trader is ok, m.n.n. has just reported soros jr from ff has just pull the trigger, today is a bad day.

are u joking...
  • #73,747
  • Jul 1, 2008 6:37am Jul 1, 2008 6:37am
ok back to business, long has lost a little steam, let's hope not , if this does make a turn it will drop hard, but i don't expect that , i too will pull the trigger it it goes down no more moe
If I Go Broke Trying Then I Will die happy.
  • #73,748
  • Jul 1, 2008 6:41am Jul 1, 2008 6:41am
What effect do you think the new york session will have on the cable?

Please someone say your opinion.

I am guessing down simply because it has been going up for sometime. It hasn't reached the higher resistance level of 2.0397 that it got to in march though.

I am not the guru and my opinion is not born out of any deep technical analysis.

That in fact is why I'm asking for opinions

The NY session starts in about 20 minutes.
  • #73,749
  • Jul 1, 2008 6:43am Jul 1, 2008 6:43am
Quoting Moe
also traders in forums and chat rooms is nowhere to be found this have cause great concern, cops say one min they was chating happliy about there shorts then not a single words when price went up, cops say they will do house to house search hoping each trader is ok, m.n.n. has just reported soros jr from ff has just pull the trigger, today is a bad day.
omg, they are droping like flies, M.N.N. has just reported 20 more traders have pull the trigger, the forex market is also loosing major traders from the big banks, last report 3 more traders pull the trigger from the big banks, they believe this is what is causing the market to drop. we can expect a major drop on gbp/usd as most of the big boys who pull the trigger are from the u.k.
If I Go Broke Trying Then I Will die happy.
  • #73,750
  • Jul 1, 2008 6:44am Jul 1, 2008 6:44am
Quoting uncletrumpet
I am finally free from the deadly trap of signals and robot traders. I can now go hunting with my friends on FF. Lets keep hunting for pips.
We need a guy to invent our own nuclear pip killer and AK47 Pip assault rifle.
There you go baby!
But for this a.m. our "comraderie" has led us back & forth through the ditch!
Yikes! I think "Moe" had it right today... SLEEP!
I will work to Objectively Identify my Edges
  • #73,751
  • Jul 1, 2008 6:45am Jul 1, 2008 6:45am
Quoting nAVIN2007
dont worry ....either this going to be the best trade or the worst one we ever had ..

thoughts on this would be good

buying here would be like saying we really going to breakout and looking at the chart we looking at a extreme point
I am sitting in top quarter of my monthly grid. so according to my trading system it is a good time to short. Still.... for me anything above a 1.9750 is a signal to buy, but because I already have a short in at 1.9745 I cannot place any longs unless I close all open short positions (oanda).
Now I am waiting for retracement so I can close shorts and then look for long positions.
Knowing my luck and immense skill in this forex world, I will enter a long position and then cable will drop like a hot potatoe.
  • #73,752
  • Jul 1, 2008 6:45am Jul 1, 2008 6:45am
Hey Moe, What do you mean by "pull the trigger" ? Is it like they are all selling now ?
  • #73,753
  • Jul 1, 2008 6:47am Jul 1, 2008 6:47am
Quoting hemal011
Hey Moe, What do you mean by "pull the trigger" ? Is it like they are all selling now ?
BOOM to the head
If I Go Broke Trying Then I Will die happy.
  • #73,754
  • Jul 1, 2008 6:48am Jul 1, 2008 6:48am
I am going to pull the trigger on cable, 1.8000 comming up, er or rather down
  • #73,755
  • Jul 1, 2008 6:49am Jul 1, 2008 6:49am
if i was long and i am i will be witch im also am.
If I Go Broke Trying Then I Will die happy.
  • #73,756
  • Jul 1, 2008 6:50am Jul 1, 2008 6:50am
Quoting Runway Trade
I am going to pull the trigger on cable, 1.8000 comming up, er or rather down
ka-ching
  • #73,757
  • Jul 1, 2008 6:50am Jul 1, 2008 6:50am
Quoting DJ4x
.
Knowing my luck and immense skill in this forex world, I will enter a long position and then cable will drop like a hot potatoe.
  • #73,758
  • Jul 1, 2008 6:51am Jul 1, 2008 6:51am
navin what are you hearing out of the U.K. any news about traders pulling the trigger, it's your job to stay up on things like this.
If I Go Broke Trying Then I Will die happy.
  • #73,759
  • Jul 1, 2008 6:52am Jul 1, 2008 6:52am
Quoting Moe
omg, they are droping like flies, M.N.N. has just reported 20 more traders have pull the trigger, the forex market is also loosing major traders from the big banks, last report 3 more traders pull the trigger from the big banks, they believe this is what is causing the market to drop. we can expect a major drop on gbp/usd as most of the big boys who pull the trigger are from the u.k.
that would make sense cause when i bought at 1.94 and my internet went down..the traders in banks were talking about 1.8, i shat a brick and got out....thats hectic thou...

but moe i dunno as yur always pulling a fast one
  • #73,760
  • Edited 6:52am Jul 1, 2008 6:52am | Edited 6:52am
Quoting Moe
BOOM to the head

he is toying with ya, might wanna becareful what you say, some may take your news report a little to literal. I see EUR and GBP going up as well, but of course there will be a little retrace before it happens.
Trade Like a Robot make money Like a Bank
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