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Cable Update (GBPUSD)

  • #115,101
  • Jan 26, 2009 1:45pm Jan 26, 2009 1:45pm
Quoting Infinity
I was short bro.. I got in at 3970 closed at 3860.. I reversed and got the same price... 3860 closed for 40 pips... sides again..
Nice brother!

You're waiting on the side for the 15m 50. I don't blame you there. I wouldn't short or go long at the current state.
Just digging in the trenches like everyone else!
  • #115,102
  • Jan 26, 2009 1:48pm Jan 26, 2009 1:48pm
Quoting eohater
I cannot believe we've gone red on the Dow. This could be interesting, is the Dow going to retest the bottom of 7900 again, I think it could break this time. It doesn't usually sit down here. Interesting!!
highly volatile isnt it, same as cable, huge ranges in these markets, can see dow gradually breaking lower to 6k over the course of this year then ranging for a long while... gold is the one thou, $1500 sometime soon, timing is tricky
Trading is 80% Emotional, 20% Technical
  • #115,103
  • Jan 26, 2009 1:48pm Jan 26, 2009 1:48pm
Quoting fx local
Quote of the Day: ‘Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism’. Karl Marx (1818-1883)
Don't know how off topic it is, look at the global economy. It's happening.
Just digging in the trenches like everyone else!
  • #115,104
  • Jan 26, 2009 1:50pm Jan 26, 2009 1:50pm
the close of the hourly candle could be interesting.
Hi, my name is Barry and you can keep your doctor...
  • #115,105
  • Jan 26, 2009 1:50pm Jan 26, 2009 1:50pm
My short troups were just sent home with some green in their pocket.
Just digging in the trenches like everyone else!
  • #115,106
  • Jan 26, 2009 1:51pm Jan 26, 2009 1:51pm
Quoting eohater
Nice brother!

You're waiting on the side for the 15m 50. I don't blame you there. I wouldn't short or go long at the current state.
that 1.3860 area been good support area today.... very profitable to buy there
Trading is 80% Emotional, 20% Technical
  • #115,107
  • Jan 26, 2009 1:51pm Jan 26, 2009 1:51pm
Trying to do my US tax return at the same time - includes 11 foreign bank accounts to be apportioned with average exchange rates and some with withholding tax and some not - and brought forward double tax apportioned restrictions for foreign earnings and foreign income tax and foreign interest etc etc etc

my wife's US stuff is easy peasy - straight slot in

Trying to figure forex with one hand and US tax with the other and keeping the cats off the keyboard with my feet is no fun

Wait till i get to forex dealing and shares and shorts etc ! presumably no statements arrive from oanda

Wouldn't be so bad if turbo tax wasn't shot full of program errors on complex foreign stuff - gives me a blank and gives up

Do we think we are going to park at 1.3808 and take look around ?
  • #115,108
  • Jan 26, 2009 1:54pm Jan 26, 2009 1:54pm
Out eO,

Let's see...
She's either gulping a-lot of air,
or Jettisoned up from "55" like infinty called.

-I'm out for now,

Got a square 50, enjoy guys...
Back to work in the field,


Jeff
I will work to Objectively Identify my Edges
  • #115,109
  • Jan 26, 2009 1:56pm Jan 26, 2009 1:56pm
Quoting eohater
My short troups were just sent home with some green in their pocket.
Yeah Baby...

Looks like that test was about it, enjoy,

Jeff
I will work to Objectively Identify my Edges
  • #115,110
  • Jan 26, 2009 1:57pm Jan 26, 2009 1:57pm
Quoting eohater
Don't know how off topic it is, look at the global economy. It's happening.
yes for sure, happened in the 30s, the politicial elite turned a stocks bubble from a recession into a depression with their bad policies, protectionism, roads and bridges to nowhere!! took world war 2 to get out of it...

artifical stimulus never worked.... if it did none of us would never need to work again....

cable had a nice bounce from very oversold levels, cant see it lasting very long thou, some hurdles around 14020, 14150 and 14325 areas...
Trading is 80% Emotional, 20% Technical
  • #115,111
  • Jan 26, 2009 2:00pm Jan 26, 2009 2:00pm
Quoting fx local
yes for sure, happened in the 30s, the politicial elite turned a stocks bubble from a recession into a depression with their bad policies, protectionism, roads and bridges to nowhere!! took world war 2 to get out of it...

artifical stimulus never worked.... if it did none of us would never need to work again....

cable had a nice bounce from very oversold levels, cant see it lasting very long thou, some hurdles around 14020, 14150 and 14325 areas...
Oh so true! This is going to be interesting. I'm telling you, the more I look at the state of the United States, I think I might be better off moving to an island and just being my own govt.. F*ck 'em all!
Just digging in the trenches like everyone else!
  • #115,112
  • Jan 26, 2009 2:04pm Jan 26, 2009 2:04pm
Where the hell has Turtle been today?
Just digging in the trenches like everyone else!
  • #115,113
  • Jan 26, 2009 2:14pm Jan 26, 2009 2:14pm
We are going to get one hell of a bullish candle at the end of the day if we keep this up.
Just digging in the trenches like everyone else!
  • #115,114
  • Jan 26, 2009 2:15pm Jan 26, 2009 2:15pm
Quoting Forbes55
AS I have been saying all these 2 days about nice gap deep downfall both in euro and pound, it happened, but I closed positions a bit early now, so missed another 1K but it's OK I've got 1,200
Am just back from my holiday and all i was looking for in this tread is your post to know how far you have gone with your trade. Am happy 4 U. That profit is far better than -1 pip. The Lord of pips is really on your side!
  • #115,115
  • Jan 26, 2009 2:21pm Jan 26, 2009 2:21pm
Quoting eohater
Oh so true! This is going to be interesting. I'm telling you, the more I look at the state of the United States, I think I might be better off moving to an island and just being my own govt.. F*ck 'em all!
Come to Nigeria, my friend....if you find no one on that island. Life with friends is good!
  • #115,116
  • Jan 26, 2009 2:23pm Jan 26, 2009 2:23pm
Quoting eohater
Chris_35, do you still have your long position open?
Hi eo pm'd you about this
  • #115,117
  • Jan 26, 2009 2:25pm Jan 26, 2009 2:25pm
Quoting eohater
We are going to get one hell of a bullish candle at the end of the day if we keep this up.
indeed!!!
Patience + Discipline - Greed = Success
  • #115,118
  • Jan 26, 2009 2:25pm Jan 26, 2009 2:25pm
Quoting Chris_35
Hi eo pm'd you about this
Yeah, I got it bro! Good job on that trade by the way.
Just digging in the trenches like everyone else!
  • #115,119
  • Jan 26, 2009 2:25pm Jan 26, 2009 2:25pm
Hi all I just took a crazy chance and went short on cable from 1.3970 lets see how it will play out
  • #115,120
  • Jan 26, 2009 2:28pm Jan 26, 2009 2:28pm
Quoting sofia101
Hi all I just took a crazy chance and went short on cable from 1.3970 lets see how it will play out
That's a crazy chance. Good luck!
Just digging in the trenches like everyone else!
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