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Cable Update (GBPUSD)

  • #87,941
  • Sep 15, 2008 10:42am Sep 15, 2008 10:42am
Quoting hipcio
+25pps


I am finished for today.
Trade nice
  • #87,942
  • Sep 15, 2008 10:43am Sep 15, 2008 10:43am
Quoting nAVIN2007
even the FEDs look at forex factory the whole concept of what people think and what need to be done is based on traders...and thats the reason why forums are dangerous really..cause it gives this insight

To post analysis is ok cause trading is subjective but actually trade calls isnt a good idea ...the moderator wont allow it anyways
No wonder the Fed is confused if they look at FF! Half traders here say up and the other half down! That is why I staid away for a while just to get my head straight. Now I only read for entrtainment value while waiting for my trades! But still interesting to read everyones views and why they think the why they do. One must just be carefull not to get yourself confused with all the conflicting views here.

(Nav not making fun of you just joking. I am still short waiting for 1.7500
  • #87,943
  • Sep 15, 2008 10:43am Sep 15, 2008 10:43am
i was write to say we need microphone conection.More fun.
  • #87,944
  • Sep 15, 2008 10:50am Sep 15, 2008 10:50am
Quoting nAVIN2007
even the FEDs look at forex factory the whole concept of what people think and what need to be done is based on traders...and thats the reason why forums are dangerous really..cause it gives this insight

To post analysis is ok cause trading is subjective but actually trade calls isnt a good idea ...the moderator wont allow it anyways
There are only about 20 people logged onto this forum at any one time and most of them are trying to make beer money.

I don't think the FED and BOE and all the huge international banking system are waiting for our chit chat before making moves

I know that when i get my s/l hit right to the pip, i get a bit paranoid that they have rented a room across the road and are watching me with binoculars, but given the size of the markets, all of us together are smaller than a piece of dandruff in a cat basket
  • #87,945
  • Sep 15, 2008 10:55am Sep 15, 2008 10:55am
Quoting Runway Trade
No wonder the Fed is confused if they look at FF! Half traders here say up and the other half down! That is why I staid away for a while just to get my head straight. Now I only read for entrtainment value while waiting for my trades! But still interesting to read everyones views and why they think the why they do. One must just be carefull not to get yourself confused with all the conflicting views here.

(Nav not making fun of you just joking. I am still short waiting for 1.7500

i know buddy .....honestly i know it sounds crazy and i agree but its what the AUTHOR say...John J murphy. ..
its not so much the traders analysis or stops but the perception of the traders..its not the traders which control the ecomony its the people higher up!....its a interesting view point..im neutral on it..
  • #87,946
  • Sep 15, 2008 10:56am Sep 15, 2008 10:56am
Quoting "expert"


I am finished for today.
Trade nice
great trades
Jesus Christ is my only Lord !
  • #87,947
  • Sep 15, 2008 10:56am Sep 15, 2008 10:56am
Quoting allserene
There are only about 20 people logged onto this forum at any one time and most of them are trying to make beer money.

I don't think the FED and BOE and all the huge international banking system are waiting for our chit chat before making moves

I know that when i get my s/l hit right to the pip, i get a bit paranoid that they have rented a room across the road and are watching me with binoculars, but given the size of the markets, all of us together are smaller than a piece of dandruff in a cat basket
i hear u..
  • #87,948
  • Sep 15, 2008 10:58am Sep 15, 2008 10:58am
Quoting allserene
There are only about 20 people logged onto this forum at any one time and most of them are trying to make beer money.

I don't think the FED and BOE and all the huge international banking system are waiting for our chit chat before making moves
That is what i am talking about.
  • #87,949
  • Sep 15, 2008 11:05am Sep 15, 2008 11:05am
Now for the serious stuff. Who thinks the Fed will cut rates tomorrow. I think any talk of a cut ended with Lehman filling and the take over of Meryil Linch(spelling?). Your views?
  • #87,950
  • Sep 15, 2008 11:11am Sep 15, 2008 11:11am
Quoting Runway Trade
Now for the serious stuff. Who thinks the Fed will cut rates tomorrow. I think any talk of a cut ended with Lehman filling and the take over of Meryil Linch(spelling?). Your views?
no cut
Jesus Christ is my only Lord !
  • #87,951
  • Sep 15, 2008 11:19am Sep 15, 2008 11:19am
Quoting hipcio
no cut
If AIG goes bust as well as Lehman, and WAMU, Cramer could be right and we are off back to 1930

All these things are interconnected

soon as cable hits 1.7961 i am shorting it again

This is a feeding frenzy for me - no confidence around so i just short it when it pops up strongly

I think they call it trading with the trend haha ! - but in a fear ridden market like this, retracements then drops are so predictable
  • #87,952
  • Sep 15, 2008 11:20am Sep 15, 2008 11:20am
Quoting Runway Trade
Now for the serious stuff. Who thinks the Fed will cut rates tomorrow. I think any talk of a cut ended with Lehman filling and the take over of Meryil Linch(spelling?). Your views?

election still happening ....i reckon no cut also ..but i really dont know anything about fundies

am i seeing bearish diverence on the dailly chart...?
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  • #87,953
  • Sep 15, 2008 11:25am Sep 15, 2008 11:25am
@7915
Jesus Christ is my only Lord !
  • #87,954
  • Sep 15, 2008 11:27am Sep 15, 2008 11:27am
Quoting nAVIN2007
election still happening ....i reckon no cut also ..but i really dont know anything about fundies

am i seeing bearish diverence on the dailly chart...?
bullish... when indicators point up and the price is down.. there are bullish divergences..
  • #87,955
  • Sep 15, 2008 11:31am Sep 15, 2008 11:31am
enough for today


Good pipping!
Jesus Christ is my only Lord !
  • #87,956
  • Sep 15, 2008 11:32am Sep 15, 2008 11:32am
Quoting eye4spot
bullish... when indicators point up and the price is down.. there are bullish divergences..
what navin posted is hidden bearish divergence...

http://www.babypips.com/school/hidden_divergence.html
Patience + Discipline - Greed = Success
  • #87,957
  • Sep 15, 2008 11:39am Sep 15, 2008 11:39am
Quoting Infinity
what navin posted is hidden bearish divergence...

http://www.babypips.com/school/hidden_divergence.html
yeah thats what i thought..thx man for confirming that
  • #87,958
  • Sep 15, 2008 11:43am Sep 15, 2008 11:43am
Quoting Shilva
if the 100 and 200 ema holds here on the 5m it may be a place to short

also it looks like a five level run up on the 5m should fail to break above

I just went short @ 7936... tight stop

locked in 30 on this trade...TP is 7810 or close of NY session
  • #87,959
  • Sep 15, 2008 12:09pm Sep 15, 2008 12:09pm
Quoting nAVIN2007
yeah thats what i thought..thx man for confirming that
I dont care if it is hidden or exposes itself as long as it goes down!!!!
Well spotted!
  • #87,960
  • Sep 15, 2008 12:12pm Sep 15, 2008 12:12pm
Quoting Runway Trade
I dont care if it is hidden or exposes itself as long as it goes down!!!!
Well spotted!
i have no idea why they call it hidden...it looked exposed to me.. hopefully u can get out of yur shorts...
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