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Cable Update (GBPUSD)

  • #6,201
  • Feb 16, 2007 7:44am Feb 16, 2007 7:44am
This Is B.s.!!!!!!!!!

Back At The Start?
  • #6,202
  • Feb 16, 2007 7:46am Feb 16, 2007 7:46am
thats what im saying....now what are your thoughts on it? im out.
I dream, therefore I become.
  • #6,203
  • Feb 16, 2007 7:49am Feb 16, 2007 7:49am
Have I ever mentioned that I hate trading the American market?
Show me the PIPS!
  • #6,204
  • Feb 16, 2007 7:50am Feb 16, 2007 7:50am
Quoting mike w
thats what im saying....now what are your thoughts on it? im out.
I'm out, too. For the week..

Made a small profit at 9510, but was aiming 9560 (!!!!) the 4hr 250EMA.

Got B/E in this last one... DAMN! on waiting since tomorrow for this.... Frustrating...

So strong a support at 9480 to find THAT strong a resistance 20 pips above?

My thoughts are: Friday, stop hunting. I'm running for cover...
  • #6,205
  • Feb 16, 2007 7:50am Feb 16, 2007 7:50am
yeah i do too now, that was great for the few seconds that it lasted.
I dream, therefore I become.
  • #6,206
  • Feb 16, 2007 7:51am Feb 16, 2007 7:51am
Quoting cesarnc
This Is B.s.!!!!!!!!!

Back At The Start?
As I said....down for g/u and e/u and up for usd/chf

Hehe.....shorted g/u again at the highs... I seldom long g/u....cause i think I dun think it will up much anyway.
  • #6,207
  • Feb 16, 2007 7:51am Feb 16, 2007 7:51am
Quoting mike w
yeah i do too now, that was great for the few seconds that it lasted.
Whipsaw.

I am out too unless key support is breached
Pipology 101 student
  • #6,208
  • Feb 16, 2007 7:52am Feb 16, 2007 7:52am
Quoting cesarnc

My thoughts are: Friday, stop hunting. I'm running for cover...
best advice i could think of
I dream, therefore I become.
  • #6,209
  • Feb 16, 2007 7:52am Feb 16, 2007 7:52am
Quoting tathlynq
Have I ever mentioned that I hate trading the American market?
I hate, too.. However, during whole week this goddamned pair was boosted onevery single news and I skipped them.

Now that I decided to go in, for so lousy forecast (CONFIRMED) AND previous revised down and we get this BS....

Definitely not my week....
  • #6,210
  • Feb 16, 2007 7:52am Feb 16, 2007 7:52am
PPI and Core PPI are right in line with expectations.
PPI -0.6%
Core PPI +0.2%
However, Housing Starts and Building Permits were awful, both well below expectations.



yes it's B.s
  • #6,211
  • Feb 16, 2007 7:57am Feb 16, 2007 7:57am
What did I miss? Anything?
Man who scratches ass should not bite fingernails
  • #6,212
  • Feb 16, 2007 7:58am Feb 16, 2007 7:58am
some bad trading conditions but thats about it.
I dream, therefore I become.
  • #6,213
  • Feb 16, 2007 7:59am Feb 16, 2007 7:59am
Quoting cesarnc
I hate, too.. However, during whole week this goddamned pair was boosted onevery single news and I skipped them.

Now that I decided to go in, for so lousy forecast (CONFIRMED) AND previous revised down and we get this BS....

Definitely not my week....
lol, "dancing with the beast"

lol , humor is good sometimes coz you will go nuts trying to make sense of price in fx.

All of this has nothing to do with fundi , james16, or moutaki, or vegas or what ever.

I did mine on a breakout ( look for srdc 1 and 3 here @ FF)...if you can find the thread.

But now, prior to the news....It all has to do with stop hunting and theives and devils dancing arround.

Sometimes, its best not to trade.

i dont like trading for the sake of trading


edit: (added) ... i may get long only if it breaks asia high ( where all my vegas 144/166 ma, 50 to 60 fibs is there , my TL on 1 hr, 84 sma per srdc , 618 sma per srdc, 62ema (per bogavino ) all are cluttered. all in 15 min. ...real good resistance

if key support is breached, may get short just to harvest 20-30 pips coz i know i will be late...i definitly will be away during the news....

just my 2 pips

may pips be with ya
Pipology 101 student
  • #6,214
  • Feb 16, 2007 8:00am Feb 16, 2007 8:00am
BTW, I was demoing a strategy here, too. Put a buy stop at 9521 (Fra open) with stop at 9491.

Got the first triggered and then stopped out, almost at the pip!

It is a strategy I'm thinking of for sometime and seems to work fine. But it is a terrible strategy when the market gets confined within a tight range.

Today high low was 9540 / 9470. The low was boosted by Yen carry. Would have been 9480 wasn't for this..

This is a 70 pips range day. This strategy works for 80 pips out of Frankfurt open, only...

Too good was only a demo.

The real deal was the BS I told you, because I pulled the plug for B/E
  • #6,215
  • Feb 16, 2007 8:01am Feb 16, 2007 8:01am
Quoting Leugimp
What did I miss? Anything?
If you like BULLSHIT you missed a great deal of it...
  • #6,216
  • Feb 16, 2007 8:02am Feb 16, 2007 8:02am
Quoting pipology-101
lol, "dancing with the beast"

lol , humor is good sometimes coz you will go nuts trying to make sense of price in fx.

All of this has nothing to do with fundi , james16, or moutaki, or vegas or what ever.

I did mine on a breakout ( look for srdc 1 and 3 here @ FF)...if you can find the thread.

But now, prior to the news....It all has to do with stop hunting and theives and devils dancing arround.

Sometimes, its best not to trade.

i dont like trading for the sake of trading
Yes, dancing with this MF beast. It managed to let me on the floor this time
  • #6,217
  • Feb 16, 2007 8:03am Feb 16, 2007 8:03am
Major support holding @9470-9475 - bottom rounding, although it is friday gotta be quick, looking to go long to 9625 level, will enter first one now(9484) - no leverage with stop @ 9460 - will add on confirmed turn, and get out at stop.
Man who scratches ass should not bite fingernails
  • #6,218
  • Feb 16, 2007 8:03am Feb 16, 2007 8:03am
Quoting cesarnc
Today high low was 9540 / 9470. The low was boosted by Yen carry. Would have been 9480 wasn't for this..
I said YEN CARRY. But could have said HENRYCAROL
  • #6,219
  • Feb 16, 2007 8:07am Feb 16, 2007 8:07am
Quoting cesarnc
If you like BULLSHIT you missed a great deal of it...

I've got plenty of it here in Portugal on these old back roads litteraly - wherever there is bullshit, all you really have to do is make sure the wind is blowing ahead of you.
Man who scratches ass should not bite fingernails
  • #6,220
  • Feb 16, 2007 8:08am Feb 16, 2007 8:08am
Quoting Leugimp
I've got plenty of it here in Portugal on these old back roads litteraly - wherever there is bullshit, all you really have to do is make sure the wind is blowing ahead of you.
Living by a couple farms, i know exactly what you mean haha damn true

or carry a gasmask.
I dream, therefore I become.
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