Hero Traders Live to see their Accounts Die!
Cable Update (GBPUSD)
- #146,182
- Jul 14, 2009 5:03pm Jul 14, 2009 5:03pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #146,183
- Jul 14, 2009 5:03pm Jul 14, 2009 5:03pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
Hey so GS beat the estimates by a good measure 
nothing to do with intel directly ... dj ripped 200 points on that move. USD gets weaker as markets move up
Intel save the economoy !!! what BS . liking the volatility in earnings season , but looking forward to getting on with business...
Its all in the mind.
- #146,184
- Jul 14, 2009 5:05pm Jul 14, 2009 5:05pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
Its all in the mind.
- #146,186
- Jul 14, 2009 5:11pm Jul 14, 2009 5:11pm
- Joined Jan 2008 | Status: Focussed | 2,382 Posts
Hero Traders Live to see their Accounts Die!
- #146,187
- Jul 14, 2009 5:15pm Jul 14, 2009 5:15pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
If we keep going up, I see 6330 as the next major hurdle.
Anyway, I gotta get some sleep. Locked in profit and letting it run.
Good trading all....
Anyway, I gotta get some sleep. Locked in profit and letting it run.
Good trading all....
Ghost Rider - WWTBMD?
- #146,188
- Jul 14, 2009 5:16pm Jul 14, 2009 5:16pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
No Turvyy, Indices and currencies are highly correlated. especially since recession started.
A highers stock index implies risk appetite is back so that means people will shun USD and go buy more yielding currencies.
So if you can predict where the DJ's going to go then you'll know where the GU's going to go then, easy!!
Ofcourse predicting the DJ is actually just as hard as the GU
I will be on alert for earnings time moves though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #146,189
- Jul 14, 2009 5:20pm Jul 14, 2009 5:20pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
well not predict, but benefit of forex is that it is 24 hour, so if DJIA closed up 2% there is a good chnace though not definite that USD will weaken
put 2 and 2 together
put 2 and 2 together
So if you can predict where the DJ's going to go then you'll know where the GU's going to go then, easy!!
Ofcourse predicting the DJ is actually just as hard as the GU
I will be on alert for earnings time moves though.
Its all in the mind.
- #146,190
- Jul 14, 2009 5:27pm Jul 14, 2009 5:27pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #146,193
- Jul 14, 2009 6:25pm Jul 14, 2009 6:25pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
A break above 6340, then up to 6600
A break below 6250, then back to 6050
My two cents.
A break below 6250, then back to 6050
My two cents.
- #146,195
- Jul 14, 2009 6:27pm Jul 14, 2009 6:27pm
When I'm trading I can 
Wanna put a bet on it? We're way over bought, and huge divergence appearing on daily, 1hr, 30min... it's gonna drop.
Wanna put a bet on it? We're way over bought, and huge divergence appearing on daily, 1hr, 30min... it's gonna drop.
Never say never...one of two scenarios can play out, this could be a retest of today's high and then fall from here or market could be seeking 61.8% daily fib retracement
PM Me If You Need Help!
- #146,196
- Jul 14, 2009 6:30pm Jul 14, 2009 6:30pm
- Joined Jan 2008 | Status: Focussed | 2,382 Posts
When I'm trading I can
Wanna put a bet on it? We're way over bought, and huge divergence appearing on daily, 1hr, 30min... it's gonna drop.
Hero Traders Live to see their Accounts Die!
- #146,199
- Jul 14, 2009 7:20pm Jul 14, 2009 7:20pm
- | Membership Revoked | Joined Feb 2008 | 9,794 Posts
careful everyone... there's a real possibility of falling to 1.60XX today.
- #146,200
- Jul 14, 2009 7:21pm Jul 14, 2009 7:21pm
- | Joined May 2009 | Status: Losing less Money Now | 840 Posts
careful everyone... there's a real possibility of falling to 1.60XX today.
Great Bodies are Engineered not Born