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Cable Update (GBPUSD)

  • #100,641
  • Nov 24, 2008 11:17am Nov 24, 2008 11:17am
Quoting linleysound
quite right sir..this can't go on. I've made a scullion on Gold in the past two days also.
With the fed printing money like confetti, gold could be amazing in the next year also - saving the economy has its price. By switching between similar stocks, I have created enough tax losses to last for years and I bet the cities and states and the fed will have awful tax takes - and that is in on top of all this issuing of loan paper, the interest on which will have to be serviced. Once the economy has stabilized (12 months ?), and the 'safe haven' stuff is not a reason, the dollar should get hammered once again. Not yet though
  • #100,642
  • Nov 24, 2008 11:25am Nov 24, 2008 11:25am
Quoting Infinity
Let's see what happens now...
Don't f#%k with this trendline...
Patience + Discipline - Greed = Success
  • #100,643
  • Nov 24, 2008 11:26am Nov 24, 2008 11:26am
Cheers Bird, Dow started dropping so I sold at 5165. Dow has dropped 150 points from its crest. There was no longer any fundamental reason to buy and the ATR range of 311 has been exceeded today so I figure there are some pips in it. Long may the markets collapse dragging the technicals back in..

Quoting allserene
euro and cable correlating nicely with the DOW

I have made a billion trillion on the DOW in the last hour of Friday and today so far but we know this ain't over yet and the DOW will see profit takers moving in

I go for high volatility (but safe) stocks, so I am seeing 20% increases

That is too tempting for profit takers so the DOW-EURO-CABLE will fall back later today or within a day or two in my humble opinion

Techies will try and fit that to cable moving according to its own technicals, but that is a problem I have with technicals-...
Ride the Bulls bearback!
  • #100,644
  • Nov 24, 2008 11:27am Nov 24, 2008 11:27am
hi traders


Alhamdlillah for such progress in da market

i forecast the continuation of down trend for cable+euro
for the last past weeks and the trend already
make my total pips profits 3000 for euro+ 4000 for cable
and here is my charts describe my last calls and my methods in trading .
& i am still perdict more bearish activity coming.

is too obvious that usd strengthen against all the currencies .

and dont forget the fundamental aspect!!!!!
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 move (news).

trade well.
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  • #100,645
  • Nov 24, 2008 11:27am Nov 24, 2008 11:27am
Quoting eohater
You short with us bro?
Got in at 5165, took profit at 5099.

HOLLA
  • #100,646
  • Nov 24, 2008 11:30am Nov 24, 2008 11:30am
Quoting Tiger Hunter
hi traders


Alhamdlillah for such progress in da market




yes it should have gone short

http://tbn0.google.com/images?q=tbn<...o_dead_a02.jpg
  • #100,647
  • Nov 24, 2008 11:32am Nov 24, 2008 11:32am
Quoting Turtle
Got in at 5165, took profit at 5099.

HOLLA
Great job bro...!!
Me and my brother.....got in above 5170... I closed at 5085...

Lunch time...
Patience + Discipline - Greed = Success
  • #100,648
  • Nov 24, 2008 11:33am Nov 24, 2008 11:33am
Quoting Infinity
Don't f#%k with this trendline...
i got a feeling now it might get taken out..
  • #100,649
  • Nov 24, 2008 11:36am Nov 24, 2008 11:36am
Quoting Turtle
Got in at 5165, took profit at 5099.

HOLLA
and your reasoning to enter there was?
  • #100,650
  • Nov 24, 2008 11:36am Nov 24, 2008 11:36am
Quoting nAVIN2007
i got a feeling now it might get taken out..
It can go now.. I already got what I wanted out of it....
Patience + Discipline - Greed = Success
  • #100,651
  • Nov 24, 2008 11:37am Nov 24, 2008 11:37am
Quoting Infinity
Great job bro...!!
Me and my brother.....got in above 5170... I closed at 5085...

Lunch time...
I hear that bro.........

Food is calling me too.

HOLLA
  • #100,652
  • Nov 24, 2008 11:37am Nov 24, 2008 11:37am
Quoting Vourvoul
and your reasoning to enter there was?
pin on 15 minute chart and trendline.....from uptrend to downtrend
  • #100,653
  • Nov 24, 2008 11:38am Nov 24, 2008 11:38am
Quoting Vourvoul
and your reasoning to enter there was?
You're not reading the posts are you...???
Patience + Discipline - Greed = Success
  • #100,654
  • Nov 24, 2008 11:39am Nov 24, 2008 11:39am
Quoting Vourvoul
and your reasoning to enter there was?
Because I like the setup on my charts!!!

HOLLA
  • #100,655
  • Nov 24, 2008 11:40am Nov 24, 2008 11:40am
Quoting Infinity
It can go now.. I already got what I wanted out of it....
was a good trade...stupid usdx broke backup and appear to have found support........cable retrace time possibly
  • #100,656
  • Nov 24, 2008 11:43am Nov 24, 2008 11:43am
Quoting nAVIN2007
pin on 15 minute chart and trendline.....from uptrend to downtrend


Quoting Infinity
You're not reading the posts are you...???



Quoting Turtle
Because I like the setup on my charts!!!

HOLLA
  • #100,657
  • Nov 24, 2008 11:44am Nov 24, 2008 11:44am
Quoting Vourvoul









Patience + Discipline - Greed = Success
  • #100,658
  • Nov 24, 2008 11:45am Nov 24, 2008 11:45am
usdx bulls are fighting to stay above support
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  • #100,659
  • Nov 24, 2008 11:47am Nov 24, 2008 11:47am
i see cable going up now...support tested...lets see what happens
  • #100,660
  • Nov 24, 2008 11:56am Nov 24, 2008 11:56am
Quoting allserene
yes it should have gone short

http://tbn0.google.com/images?q=tbn<...o_dead_a02.jpg...

Yeah...Armadillos don't generally make great traders....
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