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Cable Update (GBPUSD)

  • #126,481
  • Mar 13, 2009 9:33am Mar 13, 2009 9:33am
Quoting beejay
what do u mean. we are all here to learn and if u are pointing to a particular person why cant u refer to the person directly instead of speaking in parable and start fidgeting once somebody talk
Be nice. Who are "we are here to learn"? You? Let me requote you

Quoting beejay
will add to my short with any close below 1.3959 if it happens in max of 2hrs time
You seem to know what you're doing. So I suppose you're here to teach or share analysis. If so, where is the backup? Why 2 hours time?
Spill the beans, we are here to learn aren't we?

Nobody's fighting. Sofia's trying to make a point. How the hell do you expect to learn when everyone's making baseless trade calls?
Thank You
  • #126,482
  • Mar 13, 2009 9:34am Mar 13, 2009 9:34am
Quoting beejay
what do u mean. we are all here to learn and if u are pointing to a particular person why cant u refer to the person directly instead of speaking in parable and start fidgeting once somebody talk
I you would be here long on this tread you would know I don't fidget I said my peace and I am not going to put ppl. in uncomfortable position , have a nice day
  • #126,483
  • Mar 13, 2009 9:35am Mar 13, 2009 9:35am
Quoting wormboy
Be nice. Who are "we are here to learn"? You? Let me requote you



You seem to know what you're doing. So I suppose you're here to teach or share analysis. If so, where is the backup? Why 2 hours time?
Spill the beans, we are here to learn aren't we?

Nobody's fighting. Sofia's trying to make a point. How the hell do you expect to learn when everyone's making baseless trade calls?
Nice One
  • #126,484
  • Mar 13, 2009 9:36am Mar 13, 2009 9:36am
Quoting wormboy
Be nice. Who are "we are here to learn"? You? Let me requote you



You seem to know what you're doing. So I suppose you're here to teach or share analysis. If so, where is the backup? Why 2 hours time?
Spill the beans, we are here to learn aren't we?

Nobody's fighting. Sofia's trying to make a point. How the hell do you expect to learn when everyone's making baseless trade calls?
You are absolutely right
  • #126,485
  • Mar 13, 2009 9:38am Mar 13, 2009 9:38am
Bearish.

4030 levels as I mentioned earlier needs to be breached & closed above for me to exit my trade.
Attached Image(s) (click to enlarge)
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Thank You
  • #126,486
  • Mar 13, 2009 9:42am Mar 13, 2009 9:42am
Quoting wormboy
Bearish.

4030 levels as I mentioned earlier needs to be breached & closed above for me to exit my trade.
Zoom out on the 2nd chart and check the channel down limit...
i don't think it'll formating as you think
  • #126,487
  • Mar 13, 2009 9:42am Mar 13, 2009 9:42am
Quoting TradingWeels
Here's just a thought, although I have recent history behind me to back up the point.

With stock markets set to experience their biggest gains in 20 years by the close of the week, I get the lingering feeling that a lot of traders will look to lock in profits before the close of the session.

This would result in a massive drop across equity markets, particularly the DOW, NASDAQ and S&P 500, and would presumably result in the CABLE experiencing a similar drop.

On the back of this, there's also the G20 meeting over the weekend, which has investors...
I think this is a really good point if i was in the dow right now id certainly be looking for profit before the weekend. Cable is still correlated with the dow!
Attached Image (click to enlarge)
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  • #126,488
  • Mar 13, 2009 9:45am Mar 13, 2009 9:45am
Quoting wormboy
Be nice. Who are "we are here to learn"? You? Let me requote you
yes we are. even the best trader in the world still learn to perfect its method.
go back to all my previous post if u can view all and u will see that there nothing i've said here that hasnt happen. so dont mistake im not a young trader. ve been doing this for years.

You seem to know what you're doing. So I suppose you're here to teach or share analysis. If so, where is the backup? Why 2 hours time?
Spill the beans, we are here to learn aren't we
i dont appear often on this thread...
im not fighting her, just wanna tell her that the use of the word flood is not right.
  • #126,489
  • Mar 13, 2009 9:46am Mar 13, 2009 9:46am
Quoting dashboard
yiiiiiiiiihhhhhhaaaaaaaaaaaaaaaaa down down down
c'mon 1,39 here we come
Yiiihaa... ????
  • #126,490
  • Mar 13, 2009 9:46am Mar 13, 2009 9:46am
the pound futures contract rolls over today to the june contract. could add some unexpeted moves to the trading today
  • #126,491
  • Mar 13, 2009 9:48am Mar 13, 2009 9:48am
Quoting Abuawad
& i think he know that he just post the charts to clear it for someone here seeing something all of us can't see it...
yes you are right and sorry for the rant before to doughnut but over and over again there are posts like that and they are a waste of time.........

there is another thread on FF that I think is one of the best pure analysis in the entire forum but the creator has mostly moved on to other places because of BS posts by people that have nothing to add and nothing really to say other than to add to the post count.

chat is one thing but totally meaningless posts are like the driver in the fast lane everyone is passing or the fool who had too much to drink pissing into the wind thinkin its raining out

wanna know where the GU is headed? look at LT analysis....I have posted mine and the direction is up
Don't chase the market, Let the market come to you
  • #126,492
  • Mar 13, 2009 9:48am Mar 13, 2009 9:48am
Quoting PipLand
I think this is a really good point if i was in the dow right now id certainly be looking for profit before the weekend. Cable is still correlated with the dow!
I also wonder if the European stock markets will set the precedent, as I've just noticed a fairly large drop in the DAX.

Keep an eye on those equity markets traders.
  • #126,493
  • Mar 13, 2009 9:54am Mar 13, 2009 9:54am
Quoting beejay
im not fighting her, just wanna tell her that the use of the word flood is not right.
what i wanna say is that dont really know how use most of the features of FF. and thats the major reason why i dont post chart
  • #126,494
  • Mar 13, 2009 9:55am Mar 13, 2009 9:55am
seems like a big move is around the corner
  • #126,495
  • Mar 13, 2009 9:59am Mar 13, 2009 9:59am
Quoting Abuawad
I understand your point
I don't say no more up, but let her proves that she is reluctant to do that !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #126,496
  • Mar 13, 2009 10:00am Mar 13, 2009 10:00am
Quoting TradingWeels
I also wonder if the European stock markets will set the precedent, as I've just noticed a fairly large drop in the DAX.

Keep an eye on those equity markets traders.
yes the footsie is also show a similar bearish pattern but in more advanced stage its out of its trend line support.
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  • #126,497
  • Mar 13, 2009 10:01am Mar 13, 2009 10:01am
Quoting Abuawad
Zoom out on the 2nd chart and check the channel down limit...
i don't think it'll formating as you think
you mean the dtl on the daily?
Thank You
  • #126,498
  • Mar 13, 2009 10:04am Mar 13, 2009 10:04am
Quoting PipLand
yes the footsie is also show a similar bearish pattern but in more advanced stage its out of its trend line support.
Interesting. Thanks for posting up those charts PipLand as well as the accompanying commentary.
  • #126,499
  • Mar 13, 2009 10:15am Mar 13, 2009 10:15am
Quoting TradingWeels
Interesting. Thanks for posting up those charts PipLand as well as the accompanying commentary.
Your welcome! It was a great call on your part and at the moment looks to be happening already. Theres no way cable will hold up if there is a big sell off
  • #126,500
  • Mar 13, 2009 10:17am Mar 13, 2009 10:17am
Quoting PipLand
yes the footsie is also show a similar bearish pattern but in more advanced stage its out of its trend line support.
Pipland,

The chart was so useful, it looks like GBP will probably continue to retrace before picking up back... Do you have USD as well?

thanks in advance,

Wormboy!.. I'm back to Penang from KL on Monday. we can meet for "teh tarik" if you free.

regards,
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