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Cable Update (GBPUSD)

  • #100,001
  • Nov 20, 2008 3:08pm Nov 20, 2008 3:08pm
The dow drop 432 pts. This baby should be dropping like shit but it's not happening
  • #100,002
  • Nov 20, 2008 3:09pm Nov 20, 2008 3:09pm
Quoting fx local
just looking at these markets it seems end of the world is being priced in.... some bankers, hedge fund managers, perma bulls must be hanging themselves as we speak... its seems the dollar financing bubble has completely collasped... seems like very dark gloomy times ahead for people....


Not for me, my account % just keeps multiplying. And as soon as all this doom and gloom is priced in I'll switch sides and join the bulls as we start to price in the wonderful times of greed and excess.
I love being a trader. I love it, I love it, I love it.
Just Trade It
  • #100,003
  • Nov 20, 2008 3:10pm Nov 20, 2008 3:10pm
Quoting gagakrimba
The dow drop 432 pts. This baby should be dropping like shit but it's not happening

Check out the yen pairs. Out performing cable 4 to 1.
Just Trade It
  • #100,004
  • Nov 20, 2008 3:10pm Nov 20, 2008 3:10pm
Quoting ezmystic
I'm gonna help get us off this 666 page, see if it helps cable
this is post 9999 on page 666 lol
When life gives you lemons, make lemonade
  • #100,005
  • Nov 20, 2008 3:12pm Nov 20, 2008 3:12pm
Quoting ezmystic
that chart gets my blood pressure up just looking at it! how do you do it?!
my blood pressure is already up so it doesnt bother me

besides the colors are so nice red and green over white
When life gives you lemons, make lemonade
  • #100,006
  • Nov 20, 2008 3:13pm Nov 20, 2008 3:13pm
Quoting musani
There full of directionway to go micho and nice post#99999

Ok this is starting to freak me out, first page 6666 and now post 99999
This could well signal the end of world....as we know it, but I feel fine.
Just Trade It
  • #100,007
  • Nov 20, 2008 3:16pm Nov 20, 2008 3:16pm
Quoting Big Wave Rider
Check out the yen pairs. Out performing cable 4 to 1.
the USDJPY looks very sexy right now
When life gives you lemons, make lemonade
  • #100,008
  • Nov 20, 2008 3:17pm Nov 20, 2008 3:17pm
Quoting Big Wave Rider
Ok this is starting to freak me out, first page 6666 and now post 99999
This could well signal the end of world....as we know it, but I feel fine.
If got my post 10000 today and i eel batter now.
GELORE
  • #100,009
  • Nov 20, 2008 3:24pm Nov 20, 2008 3:24pm
Quoting micho
the USDJPY looks very sexy right now

Was sexy, she has already been used and abused for today. Maybe tomorrow after she has had a rest.
Just Trade It
  • #100,010
  • Nov 20, 2008 3:26pm Nov 20, 2008 3:26pm
waooo.. miss out the train..lol..
Patience is the keyword here...
  • #100,011
  • Nov 20, 2008 3:26pm Nov 20, 2008 3:26pm
quiz:

can you spot the anomalies on this chart

Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 59 KB
When life gives you lemons, make lemonade
  • #100,012
  • Nov 20, 2008 3:31pm Nov 20, 2008 3:31pm
Quoting micho
quiz:

can you spot the anomalies on this chart


It's called a bull trap which formed a perfect pin bar on the 4hr which was the sell signal at 1.5045ish
Just Trade It
  • #100,013
  • Nov 20, 2008 3:33pm Nov 20, 2008 3:33pm
Well I'm scaled in and ready to continue this down trend. Goodnight.
Just Trade It
  • #100,014
  • Nov 20, 2008 3:35pm Nov 20, 2008 3:35pm
Quoting Big Wave Rider
It's called a bull trap which formed a perfect pin bar on the 4hr which was the sell signal at 1.5045ish
well i got 2 signals at 1.495x before this bull trap... i watched my position -300 considering that above 1.526x my account will stumble down since i added another short at 1.5140 hehehe
i believe 1.526x will hold though, but what is sad is that i ended up missing a nice short at 1.52x since i dont have any more margin room...

i think we should call it bear and bull trap... it is not really a bull trap, i would not go long at the retracement of the up trend since the rsi were below 50 for the bigger time frames... but its a perfect trap for the bears who were opened at 1.49xx...
When life gives you lemons, make lemonade
  • #100,015
  • Nov 20, 2008 3:57pm Nov 20, 2008 3:57pm
I think this baby is going north during the asian session or maybe just flat
  • #100,016
  • Nov 20, 2008 4:53pm Nov 20, 2008 4:53pm
Quoting Big Wave Rider
Was sexy, she has already been used and abused for today. Maybe tomorrow after she has had a rest.
Yeah usd/jpy was great today, hopefully there will be some huge rallies again which can be sold, cause this has got further to go down!
  • #100,017
  • Nov 20, 2008 5:40pm Nov 20, 2008 5:40pm

are we heading south?
to the Saruman Tower aight?
hehe...

Learning, is a never ending processs...
  • #100,018
  • Nov 20, 2008 5:50pm Nov 20, 2008 5:50pm
Quoting Rasheed

are we heading south?

to the Saruman Tower aight?
hehe...

resistance at 1.4715, but hoping for it to pierce through
Keep It Simple Stupid
  • #100,019
  • Nov 20, 2008 5:51pm Nov 20, 2008 5:51pm
Quoting Rasheed

are we heading south?

to the Saruman Tower aight?
hehe...

Where is Saruman Tower ???
Hahaahahahaha..............
  • #100,020
  • Edited 10:46pm Nov 20, 2008 10:32pm | Edited 10:46pm
1st open trade in the freaky friday. Went short 1.4817 ! Just for +10 pips ! Still highly possible move up more if break and hold above 1.4820/25 ! New support 1.4780/85 ! Hmmm .. at least till Asia/London session ! But I may think wrong !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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