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Cable Update (GBPUSD)

  • #79,321
  • Jul 31, 2008 7:59pm Jul 31, 2008 7:59pm
Quoting fx local
,

yeah for sure, very good indicator! DOW 9,000 within 6months perhaps
I hope so. Looks like we are building towards a 1987 style crash. Companies on the DOW or so overvalued. Would take 70 years to pay off Visa if you purchased at its current market cap.

Homebuilders are a steal. WCI market cap is under $50M with $189M in cash and $450M in equity. Buy a company for $50M and gain a cash account of $189M!
  • #79,322
  • Jul 31, 2008 9:19pm Jul 31, 2008 9:19pm
Quoting Abuawad
01-08-2008,
Sorry for yeasterday annalysis, i was in very bad mode and i can't think even for my self. but i'm happy that i don't close my long from two days ago. i close it at 1.9910 ,
it's the last time for jumb in position verey fast. i'm not sure for Friday if i'll be in the market, there are alots of impact news... happy trading for you all..

Abuawad, don't let it get to you. Thanks for sharing your insight everyday.
USD Est Non Mortuus
  • #79,323
  • Jul 31, 2008 9:37pm Jul 31, 2008 9:37pm
cable has difficulty making 9840 in the asian market. Got in at 9835 this morning, shorted and out with +15 pips. Now waiting with an entry order for a short at 9835 again, been waiting for 2 hours now. The only way for it to get past this sell order IMO is for the NFP to be negative. If negative report, will wait for cable to reach 9930 or higher, and sell at this price point with TP at 9820. If positive (sigh), will be forced to short at current price at that time (9930) and hope it goes downto 9850 to make some good pips. Either way, I'll be shorting this baby south.
  • #79,324
  • Jul 31, 2008 9:40pm Jul 31, 2008 9:40pm
Quoting LuckyLurker
Its a smart optimization feature. Some people post massive images that scroll the page and its annoying to users. So this feature sets a maximum the image can post and links to the fullsize image in another window. This is just another feature of a very well coded site.
oh, thats a very nice feature indeed!!! thanks Lucky!!

btw-I liked the other avatar better!!!.......but thats just me...........
  • #79,325
  • Jul 31, 2008 10:16pm Jul 31, 2008 10:16pm
A break of the previous candles low seems to be a good entry for the bearish team...Price action is key

Look at the swing target as an exit...

Attached Image (click to enlarge)
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  • #79,326
  • Jul 31, 2008 10:19pm Jul 31, 2008 10:19pm
wle 2youra you dont sleep???
When life gives you lemons, make lemonade
  • #79,327
  • Jul 31, 2008 10:25pm Jul 31, 2008 10:25pm
Quoting micho
wle 2youra you dont sleep???

saba7o man
  • #79,328
  • Jul 31, 2008 10:28pm Jul 31, 2008 10:28pm
Quoting warta
saba7o man
sabaho
whats up man
When life gives you lemons, make lemonade
  • #79,329
  • Jul 31, 2008 10:35pm Jul 31, 2008 10:35pm
come to skype a little bit
When life gives you lemons, make lemonade
  • #79,330
  • Jul 31, 2008 10:36pm Jul 31, 2008 10:36pm
When life gives you lemons, make lemonade
  • #79,331
  • Jul 31, 2008 10:39pm Jul 31, 2008 10:39pm
Quoting micho
come to skype a little bit
eh yala bas takeh ba3edni we3i 3am sewi finjen ahwi
  • #79,332
  • Jul 31, 2008 10:44pm Jul 31, 2008 10:44pm
Lower Low to be formed during the London session, while a lower high at the US session:
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  • #79,333
  • Jul 31, 2008 10:52pm Jul 31, 2008 10:52pm
goodnight all
  • #79,334
  • Jul 31, 2008 10:57pm Jul 31, 2008 10:57pm
Currently long since the previous candle high broke...treating like a scalp...

Attached Image (click to enlarge)
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  • #79,335
  • Jul 31, 2008 11:04pm Jul 31, 2008 11:04pm
Currrently long though if price reverses on me and breaks previos current low with momentum I will take a small hit and consider reversing...

Attached Image (click to enlarge)
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  • #79,336
  • Jul 31, 2008 11:11pm Jul 31, 2008 11:11pm
Good morning, afternoon, evening or night everyone! We're still stuck in the dulldrums !
Just digging in the trenches like everyone else!
  • #79,337
  • Jul 31, 2008 11:16pm Jul 31, 2008 11:16pm
Quoting AmeriTrini
Lower Low to be formed during the London session, while a lower high at the US session:
Hi Ameritrini,
Have you changed your overall bias down or do you think that it will still go up to 2.01 or higher?
  • #79,338
  • Jul 31, 2008 11:26pm Jul 31, 2008 11:26pm
I have swaped my swing fibb and placed it close to price since I whant to know the closes levels to price....I also have a stop and revese below the previos candle...

Attached Image (click to enlarge)
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  • #79,339
  • Jul 31, 2008 11:50pm Jul 31, 2008 11:50pm
Attached Image
When life gives you lemons, make lemonade
  • #79,340
  • Aug 1, 2008 12:15am Aug 1, 2008 12:15am
I have moved up my sell stop to the previous candles low...and have also pulled my swing fibb high to the previous candles high...Looking for the strongest current supports...


Attached Image (click to enlarge)
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