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Cable Update (GBPUSD)

  • #99,121
  • Nov 18, 2008 8:54am Nov 18, 2008 8:54am
Dunno what he said but it looks to have had a negative effect on dollar overall, maybe a move upto the trend line after all then
  • #99,122
  • Nov 18, 2008 8:54am Nov 18, 2008 8:54am
Careful with that. I used that correlation a lot over the last few weeks and it worked brilliantly. Friday, yesterday and today it just will not play ball. That effect is happening in the EURUSD but cable is just a bit iffy right now. Up with a positive S&P index some of the time, but when S&P and Dow are headed down... computer says No!

Quoting LuckyLurker
if the dow rallies gu will go up. if it dips gu goes down.. its very very easy these days
Ride the Bulls bearback!
  • #99,123
  • Nov 18, 2008 8:55am Nov 18, 2008 8:55am
  •  pipexy
  • | Joined Jun 2008 | Status: Keep Growing,One Step At A Time! | 6 Posts
Quoting micho
WELL TRADING TODAY WAS SO SLOW YUCK
Well Micho, as far as I am concerned its not only slow but also dragging . I am long on the GU. However to be optimistic, looking on the longer term, may be its high time we have a small retracement on the bearish GU run, (maybe shortlived though). I have put my money where my mouth is. The worst scenario is to eventually close today with Doji. But if my technical is right, we may still see the cable continuing in its upsurge albeit dragging movement.Note: I am earnestly looking after the breakout of the critical point at 1.5036(market has made 8 attempts so far)Thanks. Lets all drink to the recuperating Cable !!!!
  • #99,124
  • Nov 18, 2008 8:55am Nov 18, 2008 8:55am
Quoting AmeriTrini
I find your avatar RUDE and OFFENSIVE........someone is dressed up as a robber and pointing a gun at someone.........I hope the moderators ban you for this!!
Every one can see what he would like to. But it is a military servicemen on his special mission fighting terrorism for the good of all humanity. Please don't call him a robber.
  • #99,125
  • Nov 18, 2008 8:58am Nov 18, 2008 8:58am
Quoting alcando
Careful with that. I used that correlation a lot over the last few weeks and it worked brilliantly. Friday, yesterday and today it just will not play ball. That effect is happening in the EURUSD but cable is just a bit iffy right now. Up with a positive S&P index some of the time, but when S&P and Dow are headed down... computer says No!
Friday afternoon cable followed the dow crash.
USD Est Non Mortuus
  • #99,126
  • Nov 18, 2008 9:02am Nov 18, 2008 9:02am
Quoting micho
oh man its going up what is the clown saying?

USD http://www.forexfactory.com/images/m...mpact_high.gif Fed Clown Bernanke Testifies
I only do short bro +25 pips sofar from 4 entry ! Closed quickly when got green pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #99,127
  • Nov 18, 2008 9:03am Nov 18, 2008 9:03am
Paulson and Beranke have just declared the stabilization of the U.S. financial system.

Possibley they did have the key to excape reality!

  • #99,128
  • Nov 18, 2008 9:09am Nov 18, 2008 9:09am
Quoting AmeriTrini
I find your avatar RUDE and OFFENSIVE........someone is dressed up as a robber and pointing a gun at someone.........I hope the moderators ban you for this!!
that man just saved 10 childreen from a terrorist with bad intentions, then he went to a bank and saved many people from 2 robbers, then he helped a old and sweet lady to cross the street. How dare you to say he is rude and offensive. Now he is crying co's you hurt his feelings. you should be banned now
  • #99,129
  • Nov 18, 2008 9:11am Nov 18, 2008 9:11am
Be careful taking shorts anyone. I believe she is going up. Break the little channel on its way to 1.5200
  • #99,130
  • Nov 18, 2008 9:13am Nov 18, 2008 9:13am
Quoting steelhead
Be careful taking shorts anyone. I believe she is going up. Break the little channel on its way to 1.5200
Its definatly gonna do something soon, I really cant decide either way, gonna wait for the break whatever way
  • #99,131
  • Nov 18, 2008 9:14am Nov 18, 2008 9:14am
Quoting steelhead
Be careful taking shorts anyone. I believe she is going up. Break the little channel on its way to 1.5200
I like the 1.5200 area also but it is having one hell of a time getting there!!
Please ask questions and share your experiences with us all!
  • #99,132
  • Nov 18, 2008 9:14am Nov 18, 2008 9:14am
Quoting AmeriTrini
I find your avatar RUDE and OFFENSIVE........someone is dressed up as a robber and pointing a gun at someone.........I hope the moderators ban you for this!!

Dude who cares get over it. Freedom of expression. I find some of the stuff you say rude and offensive, but im not going to whine about it to the mods.

Trade man just talk trade. Leave all the other garbage behind.
  • #99,133
  • Nov 18, 2008 9:15am Nov 18, 2008 9:15am
Quoting steelhead
Be careful taking shorts anyone. I believe she is going up. Break the little channel on its way to 1.5200
Be kept in in mind ! I went short when at the top and there was any indication to reverse down only on M1 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #99,134
  • Nov 18, 2008 9:19am Nov 18, 2008 9:19am
Yes but only the final hour of trading. The rest of the day it would not tow the line. before Friday it was becoming turn for turn, ridiculously as tho in sync. I even did some very successful low value scalping based solely on S&P turns as an indicator of confidence. On Friday and yesterday that did not work


Quoting LuckyLurker
Friday afternoon cable followed the dow crash.
Ride the Bulls bearback!
  • #99,135
  • Nov 18, 2008 9:20am Nov 18, 2008 9:20am
Yup .. it is going north .. then tomorrow it stars going bearish
  • #99,136
  • Nov 18, 2008 9:26am Nov 18, 2008 9:26am
Someone give cable a swift kick in the ass. This is painfully boring!!!!
  • #99,137
  • Nov 18, 2008 9:27am Nov 18, 2008 9:27am
is this going to start going up now? or is it zzzzzz.......
PIPPED TO THE LINE
  • #99,138
  • Nov 18, 2008 9:47am Nov 18, 2008 9:47am
Quoting AmeriTrini
I find your avatar RUDE and OFFENSIVE........someone is dressed up as a robber and pointing a gun at someone.........I hope the moderators ban you for this!!
lol come on man
When life gives you lemons, make lemonade
  • #99,139
  • Nov 18, 2008 9:49am Nov 18, 2008 9:49am
my charts say target 1.4956 now then next target maybe 1.4904 ... im still short +10 or so now...
When life gives you lemons, make lemonade
  • #99,140
  • Nov 18, 2008 9:50am Nov 18, 2008 9:50am
Quoting micho
lol come on man
well it is, advertising death is something I strongly disagree with, however I do agree that its going up!!!
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