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Cable Update (GBPUSD)

  • #101,061
  • Nov 25, 2008 1:55pm Nov 25, 2008 1:55pm
Quoting alcando
Dude, You must have be a Liverpool lad or something... The funniest shite!
na - I am a yorkie but I can outgob a scouser
  • #101,062
  • Nov 25, 2008 1:55pm Nov 25, 2008 1:55pm
Quoting allserene
Yes but it was too hard to fly around all the time - I had a sex change and a reverse hair implant and became a small male orang-utan... it's more relaxing laid on a branch eating a banana
Its like switching from the 1 minute chart to the 1 day chart (usually)
  • #101,063
  • Nov 25, 2008 1:57pm Nov 25, 2008 1:57pm
got one long at 22 stop at be, target 84 whatever happens i had my share today... nice day
When life gives you lemons, make lemonade
  • #101,064
  • Nov 25, 2008 1:58pm Nov 25, 2008 1:58pm
Quoting allserene
Brill ! 1994 - ish
got $99 return flight from Atlanta and got drunk with yanky sailors and a bunch of hookers in mobay - then got a local bus to ocho.. I will never forget. I was scared all the time and saw people stabbed and frothy pink lung blood.. armoured cars collecting the days takings from the shops.
The kids on the bus were lining up to pinch my skin as they had never seen pink stuff like that on their local bus
I was offered girls, boys, ganja and mushrooms by 81.37% of the people I met and 100% of the taxi drivers.
I...
Holy shit?....Are you sure you were in the right country...
If you were offered all that shit by 81.37% of the people you met, I guess you didn't meet a lot of people..
How many taxis did you take?
Patience + Discipline - Greed = Success
  • #101,065
  • Nov 25, 2008 2:01pm Nov 25, 2008 2:01pm
Quoting Infinity
Holy shit?....Are you sure you were in the right country...
If you were offered all that shit by 81.37% of the people you met, I guess you didn't meet a lot of people..
How many taxis did you take?
allen probably was there 20-30 years ago...im guessing
  • #101,066
  • Nov 25, 2008 2:01pm Nov 25, 2008 2:01pm
Quoting micho
got one long at 22 stop at be, target 84 whatever happens i had my share today... nice day
I haven't had my fuckin share yet. I'm sitting on +8 for the day and my current trade SL at +3. It's time for me to get paid damnit!
Just digging in the trenches like everyone else!
  • #101,067
  • Nov 25, 2008 2:19pm Nov 25, 2008 2:19pm
Go baby! Let's see 100 point run up before the close of the US Session. My TP and short order are waiting for you!
Just digging in the trenches like everyone else!
  • #101,068
  • Nov 25, 2008 2:23pm Nov 25, 2008 2:23pm
eo, what thread have you started?
Keep It Simple Stupid
  • #101,069
  • Nov 25, 2008 2:23pm Nov 25, 2008 2:23pm
Quoting Infinity
Holy shit?....Are you sure you were in the right country...
If you were offered all that shit by 81.37% of the people you met, I guess you didn't meet a lot of people..
How many taxis did you take?
It must have changed then since 1994

First taxi man said £25 quid from the airport to Mobay - I offered him £2 and he took it with glee

I have been in the Ukraine (street side) and Saudi Arabia under house arrest - but Jamaica was scarier...

a woman on the main street of ocho stopped me and said if I go another 100 yards they will kill me for sure - I carried on as I am really tight and the lobster was only £5

The Police were killing witnesses who saw them doing wrong the day before

I am pretty sure I was in Jamaica - it did have a lot of charm - but nobody should stroll around Kingston thinking its as safe as the Yorkshire Dales

Anyway, I think we have to see today as trend reversal ? Anyone think it's just a retracement ? I think all the yankee dollars have been repatriated by US firms/individuals and now the FED'S spending is being seen for what it is...

a lot !
  • #101,070
  • Nov 25, 2008 2:24pm Nov 25, 2008 2:24pm
Damned.....close too early.
  • #101,071
  • Nov 25, 2008 2:26pm Nov 25, 2008 2:26pm
Quoting Alastair
eo, what thread have you started?
Just follow the link on my signature. Hope you enjoy and please post any questions or insights you might have.
Just digging in the trenches like everyone else!
  • #101,072
  • Nov 25, 2008 2:26pm Nov 25, 2008 2:26pm
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Had a quick scalp short trade this morning I posted (http://www.forexfactory.com/showpost...stcount=100780) that I got 45 pips on. But still I'm not sure about cable. To me, it looks like conflicting signals out there and I think the daily move today was finally the regular daily bullish divergence playing out. (1st chart shows where I exited at support in channel b/c went to sleep)

GBPUSD - daily chart - you can see a new hidden divergence building, and we're approaching .50 of last downswing, and moving into top half of LR channel. Normally I'd expect sellers to start showing up - but trend is up on lower tf's. (Break of the IB on weekly is a little intimidating too to short).

Dollar Index - we're at bottom of RSI channel, price has closed below the .50 retracement fib, meaning it looks like dollar index might have flipped to bear team. Daily close below 84.92 would ice it.

S&P - sure looks like it's getting ready for a downturn soon. Top part of LR channel and indecision candle at .50 of this last downswing.


So how much further can cable climb if S&P starts dragging it down during US sessions? Or will the weak USDX be more of an influence and bring cable up even higher in its "overslod" condition?

Think I might just scalp 40 - 50 pips here and there, until it looks clearer to me. I'm also thinking going into the end of the year I wonder if central bankers have gotten together to try and protect the currencies and keep it in a range to help out companies in countries that need to switch currencies back and forth for close of the fiscal year? I'm kind of thinking we start seeing large swings (especially on low volume) for a couple days and then coming back to the original range a few days after. Anyways, hope I didn't confuse too many of you with my rantings...lol.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nov 25 channel update.jpg Size: 147 KB
Click to Enlarge Name: nov 25 daily cble.jpg Size: 184 KB
Click to Enlarge Name: nov 25 daily.jpg Size: 159 KB
"Wishful thinking dies hard." Igor T.
  • #101,073
  • Nov 25, 2008 2:27pm Nov 25, 2008 2:27pm
Quoting gagakrimba
Damned.....close too early.
If it was green it wasn't too early.
Just digging in the trenches like everyone else!
  • #101,074
  • Nov 25, 2008 2:28pm Nov 25, 2008 2:28pm
Quoting gagakrimba
Damned.....close too early.
for 2 weeks u were shoutin longs....now i guess u cant believe it....i was starting to think long never existed
  • #101,075
  • Nov 25, 2008 2:28pm Nov 25, 2008 2:28pm
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Ooops forgot Dollar Index chart - here it is.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 25 daily.jpg Size: 155 KB
"Wishful thinking dies hard." Igor T.
  • #101,076
  • Nov 25, 2008 2:28pm Nov 25, 2008 2:28pm
Quoting eohater
Just follow the link on my signature. Hope you enjoy and please post any questions or insights you might have.
Thanx man!
Keep It Simple Stupid
  • #101,077
  • Nov 25, 2008 2:38pm Nov 25, 2008 2:38pm
Quoting allserene
It must have changed then since 1994

First taxi man said £25 quid from the airport to Mobay - I offered him £2 and he took it with glee

I have been in the Ukraine (street side) and Saudi Arabia under house arrest - but Jamaica was scarier...

a woman on the main street of ocho stopped me and said if I go another 100 yards they will kill me for sure - I carried on as I am really tight and the lobster was only £5

The Police were killing witnesses who saw them doing wrong the day before

I am pretty sure I was in Jamaica - it did have a lot...
Wow...
Anyway, in every country there are good parts and bad parts... I guess you got some of the latter..
Patience + Discipline - Greed = Success
  • #101,078
  • Nov 25, 2008 2:39pm Nov 25, 2008 2:39pm
Quoting micho
look eohater, your target is around 8x man... do you think we will see 1.56 today? i dunno, i think its very hard cause it would be piece of cake trade down lol
Were about there bro! My short's are ready and my longs are ready to take profit.
Just digging in the trenches like everyone else!
  • #101,079
  • Nov 25, 2008 2:40pm Nov 25, 2008 2:40pm
Quoting FxChi
Ooops forgot Dollar Index chart - here it is.
its got a fair way to go..cable should rise till it reverse....god only know where that will be..
Attached Image (click to enlarge)
Click to Enlarge Name: result.JPG Size: 93 KB
  • #101,080
  • Nov 25, 2008 2:41pm Nov 25, 2008 2:41pm
Quoting eohater
Were about there bro! My short's are ready and my longs are ready to take profit.
Trade looks very sweet bro!!!
Patience + Discipline - Greed = Success
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