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Cable Update (GBPUSD)

  • #84,701
  • Aug 28, 2008 2:06pm Aug 28, 2008 2:06pm
Quoting nAVIN2007
1.8461 @ 0.2lot and 1.8394@ 0.2 lot
Let me do some math....hmmmmm
Just digging in the trenches like everyone else!
  • #84,702
  • Aug 28, 2008 2:10pm Aug 28, 2008 2:10pm
Can You Believe This Sh!t!!!
Attached Image
Patience + Discipline - Greed = Success
  • #84,703
  • Aug 28, 2008 2:12pm Aug 28, 2008 2:12pm
Quoting nAVIN2007
1.8461 @ 0.2lot and 1.8394@ 0.2 lot
Ok, so your average price is 1.8428 for 0.4 lot. Have you thought about going long with 0.4 Lot and targeting this price? I know this would put you in the market with 0.8 lots but you would be at breakeven once you hit the 1.8428 price level.
Just digging in the trenches like everyone else!
  • #84,704
  • Aug 28, 2008 2:13pm Aug 28, 2008 2:13pm
Quoting Infinity
Can You Believe This Sh!t!!!
Are you feeling it yet down there in Jamaica?
Just digging in the trenches like everyone else!
  • #84,705
  • Aug 28, 2008 2:14pm Aug 28, 2008 2:14pm
Quoting Infinity
Can You Believe This Sh!t!!!
Hmm thus why i have said all day that the cable is going up. labor day weekend coming, a possible hurricane hitting the coast.


Dare I say the perfect storm for an upmove on cable
  • #84,706
  • Aug 28, 2008 2:20pm Aug 28, 2008 2:20pm
Quoting steelhead
What I would like to see happen is for it to break teh 8300 area. Here is the reason. If it does it will get most traders panicing to go short off the break of 8300. That is the perfect situation to take a long position and take there money. As we know most breakouts are false breakouts.

I guarantee you one thing. Everyone and the mouse will be wanting to trade to the short side if it breaks this level, and I will be smilin going the other way.

Im not trying to boast my ego, but I is happening just as i predicted. Broke 8300 got people panicking the four hour closed around 8250, and up she goes.


I am trying to help but you all don't listen. Big boys are not selling down there they are positioning themselves to the longside.
  • #84,707
  • Aug 28, 2008 2:21pm Aug 28, 2008 2:21pm
Quoting Infinity
Can You Believe This Sh!t!!!
what the hell .....but be carefull bro!
  • #84,708
  • Aug 28, 2008 2:22pm Aug 28, 2008 2:22pm
Quoting eohater
Ok, so your average price is 1.8428 for 0.4 lot. Have you thought about going long with 0.4 Lot and targeting this price? I know this would put you in the market with 0.8 lots but you would be at breakeven once you hit the 1.8428 price level.
i rather try and sell .....since its such a strong trend
  • #84,709
  • Aug 28, 2008 2:23pm Aug 28, 2008 2:23pm
Quoting eohater
Are you feeling it yet down there in Jamaica?
I am in the center of the island so I am not feeling it yet but I have friends at the eastern side and they say it is already taking off roofs...

I am just hoping for the best at this point....
Patience + Discipline - Greed = Success
  • #84,710
  • Aug 28, 2008 2:26pm Aug 28, 2008 2:26pm
Quoting nAVIN2007
i rather try and sell .....since its such a strong trend
I completely understand. Just trying to think of options for you to get the hell out of this and quit hedging and back to trading.
Just digging in the trenches like everyone else!
  • #84,711
  • Aug 28, 2008 2:26pm Aug 28, 2008 2:26pm
Quoting nAVIN2007
what the hell .....but be carefull bro!
Thanks.... I'll try...
Patience + Discipline - Greed = Success
  • #84,712
  • Aug 28, 2008 2:27pm Aug 28, 2008 2:27pm
Quoting Infinity
I am in the center of the island so I am not feeling it yet but I have friends at the eastern side and they say it is already taking off roofs...

I am just hoping for the best at this point....
I hope your insurance policies cover for this type of a disaster! Cover you ass and hide. Just remember to take your laptop with you so you can still trade.
Just digging in the trenches like everyone else!
  • #84,713
  • Aug 28, 2008 2:28pm Aug 28, 2008 2:28pm
Quoting steelhead
Im not trying to boast my ego, but I is happening just as i predicted. Broke 8300 got people panicking the four hour closed around 8250, and up she goes.


I am trying to help but you all don't listen. Big boys are not selling down there they are positioning themselves to the longside.
Why sound so heated...?
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Patience + Discipline - Greed = Success
  • #84,714
  • Aug 28, 2008 2:31pm Aug 28, 2008 2:31pm
Quoting steelhead
Im not trying to boast my ego, but I is happening just as i predicted. Broke 8300 got people panicking the four hour closed around 8250, and up she goes.


I am trying to help but you all don't listen. Big boys are not selling down there they are positioning themselves to the longside.

cause of profit taking its only going up now cause its a retracement and when there a resistance it probably sink again..but i hope your right and it goes quite high ...
  • #84,715
  • Aug 28, 2008 2:33pm Aug 28, 2008 2:33pm
Quoting eohater
I hope your insurance policies cover for this type of a disaster! Cover you ass and hide. Just remember to take your laptop with you so you can still trade.

I might have to use that gadget like this guy...
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Patience + Discipline - Greed = Success
  • #84,716
  • Aug 28, 2008 2:35pm Aug 28, 2008 2:35pm
Quoting Infinity

I might have to use that gadget like this guy...
  • #84,717
  • Aug 28, 2008 2:38pm Aug 28, 2008 2:38pm
Quoting Infinity

I might have to use that gadget like this guy...
Make sure you write your name on all that money you keep under your mattress. If I find it swirling around up here in the States, I'll be sure to send it back!
Just digging in the trenches like everyone else!
  • #84,718
  • Aug 28, 2008 2:42pm Aug 28, 2008 2:42pm
Quoting eohater
Make sure you write your name on all that money you keep under your mattress. If I find it swirling around up here in the States, I'll be sure to send it back!
yeah right..
Patience + Discipline - Greed = Success
  • #84,719
  • Aug 28, 2008 2:44pm Aug 28, 2008 2:44pm
Quoting nAVIN2007
if it can go to 1.86 next week and drop that be great! ...my ass might make it!
i dont know if i would sell if it hits 186
thats too high and at that point it would have passed 185 resistance
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #84,720
  • Aug 28, 2008 2:45pm Aug 28, 2008 2:45pm
Quoting steelhead
Im not trying to boast my ego, but I is happening just as i predicted. Broke 8300 got people panicking the four hour closed around 8250, and up she goes.

I am trying to help but you all don't listen. Big boys are not selling down there they are positioning themselves to the longside.
You made another good call for the bottom as you did yesterday. But yesterday you were calling for a 700-800 pip move to fill a gap that no one can find. Additionally, not all gaps are filled. There's a gap from Nov of 2007 that is still unfilled. The overall trend is down. It's 3:45 est and profit taking is happening. Not to say that this will not continue to rise because it can, but she falls easier than she rises lately.
Just digging in the trenches like everyone else!
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