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Cable Update (GBPUSD)

  • #95,601
  • Nov 4, 2008 10:46pm Nov 4, 2008 10:46pm
Micho I just adopted two kittens...someone had left them on the street to starve. So they're happy too..

Edit: Let's see what London has to say...
  • #95,602
  • Nov 4, 2008 10:48pm Nov 4, 2008 10:48pm
Quoting PipGal
Micho I just adopted two kittens...someone had left them on the street to starve. So they're happy too..
adopt me i wanna be happy too loooool
When life gives you lemons, make lemonade
  • #95,603
  • Nov 4, 2008 10:50pm Nov 4, 2008 10:50pm
I think it's about time I call it a day, with the election finished now.
5 am - it's a little bit past my bed time...
Happy trading all! good luck
  • #95,604
  • Nov 4, 2008 10:52pm Nov 4, 2008 10:52pm
what i really dont understand is the yen, when the usd is weak the yen is weaker and when the usd is strong the yen is stronger
loooool
When life gives you lemons, make lemonade
  • #95,605
  • Nov 4, 2008 10:57pm Nov 4, 2008 10:57pm
Quoting micho
adopt me i wanna be happy too loooool
Micho you crack me up
  • #95,606
  • Nov 4, 2008 11:02pm Nov 4, 2008 11:02pm
Quoting PipGal
Micho you crack me up
great that would ease up the tension of forex
When life gives you lemons, make lemonade
  • #95,607
  • Nov 4, 2008 11:09pm Nov 4, 2008 11:09pm
same shit different face
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When life gives you lemons, make lemonade
  • #95,608
  • Nov 4, 2008 11:15pm Nov 4, 2008 11:15pm
Remember the Pres elect is a puppet of the Powers that be. IMO
  • #95,609
  • Nov 4, 2008 11:20pm Nov 4, 2008 11:20pm
Quoting micho
same shit different face

Now that is funny.
Take what you can... Give nothin back.
  • #95,610
  • Nov 4, 2008 11:30pm Nov 4, 2008 11:30pm
http://i12.tinypic.com/4za0pr4.jpg
  • #95,611
  • Nov 5, 2008 12:13am Nov 5, 2008 12:13am
The dollar gained against the euro and Gbp on speculation Barack Obama's victory in the U.S. presidential election and Democrat gains in Congress will accelerate policies easily passed supporting economy recover quickly overcoming a recession as the time Bill Clinton did before.
Short Gbp now. Tomorrow BOE will cut rate, even some speculation of 100 bps rate cut.
Give me patience
  • #95,612
  • Nov 5, 2008 12:22am Nov 5, 2008 12:22am
hi traders

first of all i thank Allah for such progress in DA market

euro analysis.

1hr chart:

another Bearish breakout which confirm the down movement in small time frame.

4hr chart:

my 4hr chart is my own road map help me a lot while trading & as you see another breakout confirmed in my 4hr charts

daily :

at my daily chart yesterday price retraced but today tend to be bearish bias to continue the down trend cycle influenced by the long term weakness of cable+euro against $ .
& i want you my fellow traders to take care of fundamental as you take care of technicals :

and to be clear to you
all the buyers and the sellers are here in those threads and you know the forex basic rule
only 20% win and the other 80% loss
so try to figure it out by your mind

if you find most posts talk about retrace that will may happen you will find the price is going down, and if you find most posts talk about the continuation of down trend you will find price is going up .
they call this trick (news).

so trade well guys and have fun.
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  • #95,613
  • Nov 5, 2008 1:20am Nov 5, 2008 1:20am
i cant understand why people so often emphasize their religiousness in this forum, which is about trading only.
  • #95,614
  • Nov 5, 2008 1:31am Nov 5, 2008 1:31am
Quoting vorschlag
i cant understand why people so often emphasize their religiousness in this forum, which is about trading only.
decadence
When life gives you lemons, make lemonade
  • #95,615
  • Nov 5, 2008 1:38am Nov 5, 2008 1:38am
i still can't understand why he used BIG LETTERS for all of his post...
and maybe by telling people about his religiousness, he will be blessed more by his GOD...

Quoting vorschlag
i cant understand why people so often emphasize their religiousness in this forum, which is about trading only.
Money management is good for your health...
  • #95,616
  • Nov 5, 2008 1:48am Nov 5, 2008 1:48am
Quoting 13thheaven
i still can't understand why he used BIG LETTERS for all of his post...
and maybe by telling people about his religiousness, he will be blessed more by his GOD...
maybe he is still loking for his glasses
  • #95,617
  • Nov 5, 2008 1:51am Nov 5, 2008 1:51am
Morning chaps. Micho, you must have matchsticks holding those eyelids open. Every time I log in here there is a post from you. No complaint as your input is valuable
Ride the Bulls bearback!
  • #95,618
  • Nov 5, 2008 1:54am Nov 5, 2008 1:54am
Quoting alcando
Morning chaps. Micho, you must have matchsticks holding those eyelids open. Every time I log in here there is a post from you. No complaint as your input is valuable
lol no actually we have 1 hour difference between us... i usually sleep at night you know

but today i woke up early (nature called) and i saw the news... and came here
When life gives you lemons, make lemonade
  • #95,619
  • Nov 5, 2008 1:56am Nov 5, 2008 1:56am
Quoting micho
lol no actually we have 1 hour difference between us... i usually sleep at night you know

but today i woke up early (nature called) and i saw the news... and came here
micho,how is your view on GU,the pa is confusing.
  • #95,620
  • Nov 5, 2008 1:57am Nov 5, 2008 1:57am
What is your view on the movement today. Seems to be pointing back to the downtrend again... but I played yesterday so badly constantly looking for shorts that I am considering staying out of this today...
Ride the Bulls bearback!
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