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Cable Update (GBPUSD)

  • #81,501
  • Aug 11, 2008 1:15pm Aug 11, 2008 1:15pm
Quoting nAVIN2007
Yes im sure it will be bad..

lol..naveen.. be cool man !

As a trader we should have enough patience and if we loose in a row for the day better exit for the day and thats what you did

These kind of bungy jumps are very disgusting !

Good luck for your future trades ...
  • #81,502
  • Aug 11, 2008 1:18pm Aug 11, 2008 1:18pm
Quoting Srikanth
lol..naveen.. be cool man !

As a trader we should have enough patience and if we loose in a row for the day better exit for the day and thats what you did

These kind of bungy jumps are very disgusting !

Good luck for your future trades ...
thank u ....i still think thou that it might go up ...however i wont enter again unless i see market making some kind of sense.....
  • #81,503
  • Aug 11, 2008 1:19pm Aug 11, 2008 1:19pm
Quoting Srikanth
lol..naveen.. be cool man !

As a trader we should have enough patience and if we loose in a row for the day better exit for the day and thats what you did

These kind of bungy jumps are very disgusting !

Good luck for your future trades ...
Bungy jumps were really kind to me for the last last few weeks - but now the bungy cord has broken !

If someone pops Obama off this evening, you will see some huge bungee stuff but which way ?

Events dear boy, events

s/l's are our only hope
  • #81,504
  • Aug 11, 2008 1:20pm Aug 11, 2008 1:20pm
all i can see is that gbr moves down on 5 min chart, with 20 pips retracement at every major support
  • #81,505
  • Aug 11, 2008 1:36pm Aug 11, 2008 1:36pm
dont tell me this is going up now .....i must be cursed
  • #81,506
  • Aug 11, 2008 1:36pm Aug 11, 2008 1:36pm
now it retraced 40 pips, probably til 140
  • #81,507
  • Aug 11, 2008 1:37pm Aug 11, 2008 1:37pm
Quoting nAVIN2007
dont tell me this is going up now .....i must be cursed
..you not the only one i had same thing last week
  • #81,508
  • Aug 11, 2008 1:38pm Aug 11, 2008 1:38pm
woooow bounce up 60 pips from 1.9065
  • #81,509
  • Aug 11, 2008 1:39pm Aug 11, 2008 1:39pm
Quoting deboooo2005
woooow bounce up 60 pips from 1.9065

now should go back down... to 1.9040
  • #81,510
  • Aug 11, 2008 1:40pm Aug 11, 2008 1:40pm
Quoting nAVIN2007
dont tell me this is going up now .....i must be cursed
as long as you didn't sign the petition to reinstate moe, you are not cursed
  • #81,511
  • Aug 11, 2008 1:40pm Aug 11, 2008 1:40pm
oil on 1 hr chart has bounced of a support..can u believe it

even this crap about breaking the low isnt working ...was the only reason i exited..just goes to show, market right now is random
  • #81,512
  • Aug 11, 2008 1:42pm Aug 11, 2008 1:42pm
Press Release : United Rentals, subsid. Ratings Off Watch: Outlook Negative
  • #81,513
  • Aug 11, 2008 1:43pm Aug 11, 2008 1:43pm
Quoting nAVIN2007
oil on 1 hr chart has bounced of a support..can u believe it

even this crap about breaking the low isnt working ...was the only reason i exited..just goes to show, market right now is random

i think we on the way to form a reversal pattern
  • #81,514
  • Aug 11, 2008 1:44pm Aug 11, 2008 1:44pm
Quoting warta
i think we on the way to for a reversal pattern

the minute i exit typical ....
  • #81,515
  • Aug 11, 2008 1:45pm Aug 11, 2008 1:45pm
The Republicans in the U.S. need to win an election this Nov. and they know they have virtually no chance if the economy, or the perception of the economy, is in the Tank. What better time then the first 2 weeks of August to manipulate the currency so they can look like hero's come election time. I am sure they knew what ECB was going to say well in advance.
Also, Bush is an Oil guy with strong links to the Saudi's so I suspect together they can drive the price of oil down so the Republicans can come out smelling like a rose in November. Boom....another 8 years of Republicans in the White House.

Just a thought!
  • #81,516
  • Aug 11, 2008 1:46pm Aug 11, 2008 1:46pm
Quoting nAVIN2007
the minute i exit typical ....

if u look at the daily chart it may be a doji on the way on but cant trust tchnical alot when we have a weak eco like now
  • #81,517
  • Aug 11, 2008 1:48pm Aug 11, 2008 1:48pm
Perhaps there is some armtwisting going on by the govts to push Dollar up and oil down.

Quoting Shilva
The Republicans in the U.S. need to win an election this Nov. and they know they have virtually no chance if the economy, or the perception of the economy, is in the Tank. What better time then the first 2 weeks of August to manipulate the currency so they can look like hero's come election time. I am sure they knew what ECB was going to say well in advance.
Also, Bush is an Oil guy with strong links to the Saudi's so I suspect together they can drive the price of oil down so the Republicans can come out smelling like a rose in November. Boom....another 8 years of Republicans in the White House.

Just a thought!
  • #81,518
  • Aug 11, 2008 1:52pm Aug 11, 2008 1:52pm
Quoting Shilva
Also, Bush is an Oil guy with strong links to the Saudi's so I suspect together they can drive the price of oil down so the Republicans can come out smelling like a rose in November. Boom....another 8 years of Republicans in the White House.

Just a thought!
If that happens, my wife will want to leave the country again - we will go back to the UK with all those USD I bought at 2.06 and buy my old house back for £60k cheaper (plus currency diff)
  • #81,519
  • Aug 11, 2008 1:57pm Aug 11, 2008 1:57pm
Quoting shiva
Perhaps there is some armtwisting going on by the govts to push Dollar up and oil down.
  • #81,520
  • Aug 11, 2008 2:13pm Aug 11, 2008 2:13pm
Quoting warta
if u look at the daily chart it may be a doji on the way on but cant trust tchnical alot when we have a weak eco like now
i give up.....the number of support broken it will take a year to get back up...the way there were broken leads me to think the there definately fishy stuff going on ....i dont trust cable movements right now...

when has cable broken the low of a day and head back up ......to much game playin happening
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