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Cable Update (GBPUSD)

  • #78,921
  • Jul 30, 2008 11:22am Jul 30, 2008 11:22am
toyboy - going down b/c the the news that will be released tomorrow out of the UK will suck ass and the US GDP figures will not be too bad and the jobs report on Friday will surprise.
  • #78,922
  • Jul 30, 2008 11:24am Jul 30, 2008 11:24am
Quoting toyboy tramp
Someone explain me why you think this is going down?
pennypacker also hit the nail on the head
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  • #78,923
  • Jul 30, 2008 11:25am Jul 30, 2008 11:25am
Quoting toyboy tramp
Someone explain me why you think this is going down?
Ok, I'm being a bit of a smartass here, so take it with a grain of salt my friend.



Which direction do you see?



I hope you can at least see the humor in it.

I feel like I overposted today, probably just because I'm kinda bored here at the house.

Have a great day everyone, see you tomorrow.
G10
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Enlightened.
  • #78,924
  • Jul 30, 2008 11:30am Jul 30, 2008 11:30am
Quoting Manny
I been getting raped by this currency... 19870 gives me "hope" to close the long i have open @ (19870)
my friend the reason u getting rapped is cause u not looking at dailly..so far this week if i was by the pc and nerves didnt play any part the moves were predictable...only now is i find myself confused abt where we going...but then again its always easy to say when its happened.....

gotta look at the dailly bro
  • #78,925
  • Jul 30, 2008 11:31am Jul 30, 2008 11:31am
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have a look and hold ur long
  • #78,926
  • Jul 30, 2008 11:34am Jul 30, 2008 11:34am
Quoting warta
Attachment

have a look and hold ur long
respectfully disagree - you called the same bullish flag on monday when we were at 9950 - i think the fundamentals will take over tomorrow on this one.
  • #78,927
  • Jul 30, 2008 11:35am Jul 30, 2008 11:35am
Quoting nAVIN2007
we still winning so long as we aint losing money
Oh so true, I would rather be on the sides wishing I was in a trade than in a trade wishing I was out.

I hope work is going good for you this week. It's end of month for me and it's balls to the walls here. Another reason I haven't traded much this week.

I know what you mean about the PO's. I've had a couple that didn't get hit either. One thing for sure, there's always another trade waiting around the corner.
Just digging in the trenches like everyone else!
  • #78,928
  • Jul 30, 2008 11:36am Jul 30, 2008 11:36am
Quoting Coconut
Optimum, this is indeed i wanted to tell you !

IMAGESHACK man ? cmon ? This site install thousands of spywares!

Go host in other place like photobucket.com or something...

Peace
Im speak english bad, sorry.

Recommendation for thanks.

From now on photobucket I do.

thank you..
  • #78,929
  • Jul 30, 2008 11:37am Jul 30, 2008 11:37am
Quoting Pennypacker
respectfully disagree - you called the same bullish flag on monday when we were at 9950 - i think the fundamentals will take over tomorrow on this one.
right if we didn't break the daily up trend but we already did so if u go back a lil bit price may test the uper trend and bounce again to confirm the break or re enter the uper trend and it can be a fake break

anyway everyone trade his chart bro
  • #78,930
  • Jul 30, 2008 11:38am Jul 30, 2008 11:38am
Quoting eohater
Oh so true, I would rather be on the sides wishing I was in a trade than in a trade wishing I was out.

I hope work is going good for you this week. It's end of month for me and it's balls to the walls here. Another reason I haven't traded much this week.

I know what you mean about the PO's. I've had a couple that didn't get hit either. One thing for sure, there's always another trade waiting around the corner.

definately man ....work sucks and always will ..gotta get to the stage where i can trade for a livin.....
  • #78,931
  • Jul 30, 2008 11:38am Jul 30, 2008 11:38am
closed my longs after 59pips and reverse
short from 23
  • #78,932
  • Jul 30, 2008 11:51am Jul 30, 2008 11:51am
Quoting Pennypacker
toyboy - going down b/c the the news that will be released tomorrow out of the UK will suck ass and the US GDP figures will not be too bad and the jobs report on Friday will surprise.
How do you know what the news will be??!
Money & Pain Respect the market, protect your capital, be patient
  • #78,933
  • Jul 30, 2008 11:53am Jul 30, 2008 11:53am
g/u down fake?

Oil : 126,80
Dow/Jones : 11479,8
  • #78,934
  • Jul 30, 2008 11:54am Jul 30, 2008 11:54am
We are ranging between monthly pivot and yesterday daily pivot as i stated in the EW thread.
This is nice game
my all bleeding are cure now
no more catching knives i promise
  • #78,935
  • Jul 30, 2008 11:55am Jul 30, 2008 11:55am
Quoting nAVIN2007
definately man ....work sucks and always will ..gotta get to the stage where i can trade for a livin.....
In time you will be able to. It took me a couple of years to get to that point. Sad thing is, work sucks for me as well. I could close my company down and keep all the profits myself, but I would be taking away jobs from my employees. I would rather give people jobs. Not to mention, the lose my company takes helps offset the profits from trading.
Just digging in the trenches like everyone else!
  • #78,936
  • Jul 30, 2008 11:57am Jul 30, 2008 11:57am
I am out of all positions now but I think this pair could be a good short after interest is paid... The next 4h close is crucial ( next hour and 3 min)
Patience + Discipline - Greed = Success
  • #78,937
  • Jul 30, 2008 12:00pm Jul 30, 2008 12:00pm
Quoting eohater
In time you will be able to. It took me a couple of years to get to that point. Sad thing is, work sucks for me as well. I could close my company down and keep all the profits myself, but I would be taking away jobs from my employees. I would rather give people jobs. Not to mention, the lose my company takes helps offset the profits from trading.
your doing the right thing..thats the problem with having a company..responcibilities are second to none .good luck in that area bro
  • #78,938
  • Jul 30, 2008 12:06pm Jul 30, 2008 12:06pm
any body got any experience with the clouds, just thought i would check them out

looks like we are getting a strong sell signal now and strong resistance forming over the next 26 hrs
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  • #78,939
  • Jul 30, 2008 12:15pm Jul 30, 2008 12:15pm
Quoting Shilva
any body got any experience with the clouds, just thought i would check them out

looks like we are getting a strong sell signal now and strong resistance forming over the next 26 hrs

i think is read that wrong........ the top of the cloud is resistance, bottom support,,,,,,,,,,,,,,middle is equaliberium
  • #78,940
  • Jul 30, 2008 12:21pm Jul 30, 2008 12:21pm
Today i gain 245 pips on cable and euro swingtrade with regular position
Some loses with cathing knives like long ej = -19, au= -21 pips -tiny positon aj=-22 large position but low leverage.
Day is not over yet currently have two position
shorts swing
cable from 19823
eu from 15588

short ew style
gj from 2120 average looking for 196 finally.
uj closed for +10 pips maybe will see better level.
eurgbp still short from 7863
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