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Cable Update (GBPUSD)

  • #145,741
  • Jul 13, 2009 12:59pm Jul 13, 2009 12:59pm
Quoting malcolmb14
I think simone reporting pips as pips made. Ie if i went 10 lots and made 100 pips . I actually make 10,000 pip

I think .. anyway she was on skype with me she may even have gone long off 1.6080 .

Well she said "long entry" so naturally, I assumed.....LOL
Ghost Rider - WWTBMD?
  • #145,742
  • Jul 13, 2009 1:02pm Jul 13, 2009 1:02pm
Quoting Yngwie
Time for me to [email protected] [email protected] TP@OPEN Nite guys!
Nice entry

I'm outta here too. Good luck & gnite fellas.
Thank You
  • #145,743
  • Jul 13, 2009 1:04pm Jul 13, 2009 1:04pm
6:00 PM
US Federal Budget out at -94,3b vs. -97b expected

USD bullish?

GU down?
  • #145,744
  • Jul 13, 2009 1:06pm Jul 13, 2009 1:06pm
Quoting wormboy
Nice entry

I'm outta here too. Good luck & gnite fellas.
Goodnite ..see ya tomorrow
  • #145,745
  • Jul 13, 2009 1:34pm Jul 13, 2009 1:34pm
sh** ...

evaded with this downtrend? down moda fu** down!
  • #145,746
  • Jul 13, 2009 1:36pm Jul 13, 2009 1:36pm
MALCOLM - What are you thinking bro. Where do you think she is heading?
You've got to be IN IT to WIN IT!
  • #145,747
  • Jul 13, 2009 1:47pm Jul 13, 2009 1:47pm
There is very obvious manipulation to the upside on the US stock markets today based on goldman sachs news ,mostly.

She could go to 6357 is 6235 breaks,

4 hour charts looking bullish on the move up , even 6450 could be tested.

Market volatility has increased ... this is of interest .

I am trading Gj , stayed out of market most of day. Got a little this morning on Gj and ES

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Blogging daily now at www.volume.zone
  • #145,748
  • Jul 13, 2009 1:49pm Jul 13, 2009 1:49pm
Malc, whats your take on the 1hr hammer?
  • #145,749
  • Jul 13, 2009 2:11pm Jul 13, 2009 2:11pm
Quoting alex1976
Malc, whats your take on the 1hr hammer?

may get a little retrace but overall there has been good buying on the way up . driven by the US markets moving up
Blogging daily now at www.volume.zone
  • #145,750
  • Jul 13, 2009 2:13pm Jul 13, 2009 2:13pm
why downside was not manipulation?

Quoting malcolmb14
There is very obvious manipulation to the upside on the US stock markets today based on goldman sachs news ,mostly.

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  • #145,751
  • Jul 13, 2009 2:14pm Jul 13, 2009 2:14pm
Well, stopped out twice on shorts from 6220 at BE+1 and it looks to be climbing again. Somethings holding this up there. Not sure if I'll take another stab at it. Might be back to wait and see now.....
Ghost Rider - WWTBMD?
  • #145,752
  • Jul 13, 2009 2:23pm Jul 13, 2009 2:23pm
Gu already reach H1 resistance at 1.6224. waiting break out that resistance to long. The next target is 1.6386.
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  • #145,753
  • Jul 13, 2009 2:23pm Jul 13, 2009 2:23pm
Quoting billye
why downside was not manipulation?

who knows could have been ... recession is over right. CIT bank not really going back to feds with hands out asked for another few billion and the FDIC is happy to secure their high risk debt ? unemployment is not really 9.5% .. it is really 1% .....lol ... need I go on ???

here you go ... not much conviction to the buying today

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  • #145,754
  • Jul 13, 2009 2:42pm Jul 13, 2009 2:42pm
now i get it ....

golmand sachs reporting this month

Last quarter was awesome ... why well that is easy . google goldman sachs and the orphan month . i wonder if this quarters results are going to be as great as last months.

http://brontecapital.blogspot.com/20...han-month.html

now the question is HOW are goldman going to cook the books to report $3.48 when in actualk fact including the orphan month they only JUST broke even last quarter. Going to get interesting

why am i off topic with this ... well lets see how this plays out , but i want to show some of the newer traders how market manipulation really works.

remember todays up move was based on GS saying that their stock is good buy and and at same time saying that BOA is a bargain
Blogging daily now at www.volume.zone
  • #145,755
  • Jul 13, 2009 2:43pm Jul 13, 2009 2:43pm
Quoting simoneg
I had 1.6180 as my daily long entry price.
Looks like you had the better call here simone.....
Ghost Rider - WWTBMD?
  • #145,756
  • Jul 13, 2009 2:49pm Jul 13, 2009 2:49pm
Quoting albchr
Looks like you had the better call here simone.....
Thanks albchr!
Hero Traders Live to see their Accounts Die!
  • #145,757
  • Jul 13, 2009 2:59pm Jul 13, 2009 2:59pm
Quoting malcolmb14
now i get it ....

golmand sachs reporting this month

Last quarter was awesome ... why well that is easy . google goldman sachs and the orphan month . i wonder if this quarters results are going to be as great as last months.

http://brontecapital.blogspot.com/20...han-month.html

now the question is HOW are goldman going to cook the books to report $3.48 when in actualk fact including the orphan month they only JUST broke even last quarter. Going to get interesting

why am i off topic with this ... well lets see...
Unbelievable! this is either criminal or very creative accounting...
  • #145,758
  • Jul 13, 2009 3:02pm Jul 13, 2009 3:02pm
Quoting MykeFX
Unbelievable! this is either criminal or very creative accounting...

sold GS call options at close...... making some $$$ tomorrow on this one., 142 here we come

you want creative accounting ... look up mark to market. Banks do not have to report losses on assets as this ruling has been changed !!!!
Blogging daily now at www.volume.zone
  • #145,759
  • Jul 13, 2009 3:15pm Jul 13, 2009 3:15pm
Quoting malcolmb14
sold GS call options at close...... making some $$$ tomorrow on this one., 142 here we come

you want creative accounting ... look up mark to market. Banks do not have to report losses on assets as this ruling has been changed !!!!

Malcolmb how do you get this call GS?
  • #145,760
  • Jul 13, 2009 3:16pm Jul 13, 2009 3:16pm
Quoting malcolmb14
now i get it ....

golmand sachs reporting this month

Last quarter was awesome ... why well that is easy . google goldman sachs and the orphan month . i wonder if this quarters results are going to be as great as last months.

http://brontecapital.blogspot.com/20...han-month.html

now the question is HOW are goldman going to cook the books to report $3.48 when in actualk fact including the orphan month they only JUST broke even last quarter. Going to get interesting

why am i off topic with this ... well lets see...
Yep, will be interesting to see what the Goldman orcs have cooked up this time. Gave me a good laugh, this one, from NYT, via The Big Picture:

"... An executive at a rival bank characterized Goldman traders as “orcs,” the warlike creatures of Middle Earth in Tolkien’s “The Lord of the Rings.”
Even mainstream America is taking notice. An article about Goldman in a recent issue of Rolling Stone, by Matt Taibbi, characterized Goldman as “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” ..."


It was Meredith Whitney who upgraded Goldman Sachs today, saying they are in for a hugely profitable quarter, with a $186 price target.

Oh, rubbish!
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