Thank you WB,
I am waiting to see the Dead of the USD
It 's ruined and worthless
So It should be dumped to Hell
TKS
I am waiting to see the Dead of the USD
It 's ruined and worthless
So It should be dumped to Hell
TKS
Cable Update (GBPUSD)
- #150,762
- Jul 24, 2009 2:10pm Jul 24, 2009 2:10pm
Thanx Al, WB
thanx for all the advice, I will be looking up to you guys and others. Hoping to be better monday! Ciao
thanx for all the advice, I will be looking up to you guys and others. Hoping to be better monday! Ciao
While anything can happen in this business, as WB said, I think the chances of getting to BE for you are slim. But watch it to the last minute before close. You never know, you may be able to set your SL tighter or take less of a loss.
Also like WB said, if you're at a point where you can't take loosing anymore, Kill the trade. This business is ALL about cutting your losses fast so you can live to trade another day...
Watching it slowly get worse, hoping it will come back is a sure fire way to kill accounts. Been there, done that....
- #150,764
- Jul 24, 2009 2:26pm Jul 24, 2009 2:26pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Maybe this is the last breath of the USD before going to Hell
If you're long the GU, live with your mistake.
Ghost Rider - WWTBMD?
- #150,766
- Jul 24, 2009 2:44pm Jul 24, 2009 2:44pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
The range is just so crazy and unpredictable. Took +10 pips and gave back -15pips almost immediately. I think I'm just plain driven by the desire to revenge-trade my losses.
Closing the PC like you advised alb and going to see my wife nd beautiful daughters for succor. Next week will provide another opportunity.
- #150,767
- Jul 24, 2009 2:48pm Jul 24, 2009 2:48pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Ah the darn @#&%ing thing went and turned the &%# around and &*$%ing took me out for a couple *&%$ing pips profit!! ....
I killed the lower piece of $@#& for a small %&*$ing loss too!!!
.. am done for the week. Happy week-end all.
- #150,768
- Jul 24, 2009 2:52pm Jul 24, 2009 2:52pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Dude, you have some serious issues. Keep posts like this to yourself please..
If you're long the GU, live with your mistake.
hope u all had a fruitfull week!
- #150,770
- Jul 24, 2009 7:46pm Jul 24, 2009 7:46pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
Its all in the mind.
- #150,771
- Jul 24, 2009 7:56pm Jul 24, 2009 7:56pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
@DayDreamer,
USD is going to become very strong in weeks to come. Look at the USD index. Can you see the pent up fury?
Pound is extremely overvalued ATM against our beloved dollar. some thing is gonna give way
USD is going to become very strong in weeks to come. Look at the USD index. Can you see the pent up fury?
Pound is extremely overvalued ATM against our beloved dollar. some thing is gonna give way
Maybe this is the last breath of the USD before going to Hell
Its all in the mind.
- #150,773
- Jul 24, 2009 8:03pm Jul 24, 2009 8:03pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
could be bro, that could be the case. But dow has finished spectacularly. risk appetite is back in swing. and then I trade off H4 with a pretty wide stop usually. so we will see. we will do what we see when market opens Sunday.
You are right bro not all supports are broken yet even the first support (1.6390) But since UK had very bad news (GDP down heavily) so the Asian and European sessions would let GBP to break the first support level which is 1.6390 then game will begin my friend.....
Its all in the mind.
- #150,774
- Jul 24, 2009 8:23pm Jul 24, 2009 8:23pm
could be bro, that could be the case. But dow has finished spectacularly. risk appetite is back in swing. and then I trade off H4 with a pretty wide stop usually. so we will see. we will do what we see when market opens Sunday.
Have a nice weekend
- #150,775
- Jul 24, 2009 8:30pm Jul 24, 2009 8:30pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
lets see dj ripping ...I smell bull trap
the gbp futures end on week on doji with 235 pip spread on week ..... but check out that volume
the daily chart show either high volume up bars or low spread high volume up bars (sellers). i suggest this week there has been major distribution in GU
next week could be another week like this but something is brewwing
DJ moved almost 11% last week based on what exactly ? earnings reports that were better than expected ? but at the best the expected was pathetic .... didn't most companies lose up to 60 % or more of income this year compared to same time last year . Investors seem to be losing sight of this.
also GS paid back 23% return on tarp money ....and oh how wonderful the tarp is ..such a great return for tax payers.... markets go up 300 points
mmmmm hold on how about the other 70 billion that had no return on it ( BOA were moaning about having to pay a 4 million tarp fee ) and isn't the tarp 700 billlon , 135 billion left , 80 billion repaid that leaves 485 billion un accounted for as of today ..... YEAH GREAT RETURN ... 61 % LOSS TO DATE OF 485 BILLION OF TAX PAYERS MONEY !!!!
The move of 3000 pip move down is on the horizon ..... this week and the lack of correlation gu to dj proved it.
the gbp futures end on week on doji with 235 pip spread on week ..... but check out that volume
the daily chart show either high volume up bars or low spread high volume up bars (sellers). i suggest this week there has been major distribution in GU
next week could be another week like this but something is brewwing
DJ moved almost 11% last week based on what exactly ? earnings reports that were better than expected ? but at the best the expected was pathetic .... didn't most companies lose up to 60 % or more of income this year compared to same time last year . Investors seem to be losing sight of this.
also GS paid back 23% return on tarp money ....and oh how wonderful the tarp is ..such a great return for tax payers.... markets go up 300 points
mmmmm hold on how about the other 70 billion that had no return on it ( BOA were moaning about having to pay a 4 million tarp fee ) and isn't the tarp 700 billlon , 135 billion left , 80 billion repaid that leaves 485 billion un accounted for as of today ..... YEAH GREAT RETURN ... 61 % LOSS TO DATE OF 485 BILLION OF TAX PAYERS MONEY !!!!
The move of 3000 pip move down is on the horizon ..... this week and the lack of correlation gu to dj proved it.
Blogging daily now at www.volume.zone
- #150,778
- Jul 24, 2009 9:51pm Jul 24, 2009 9:51pm
- | Joined May 2009 | Status: Losing less Money Now | 840 Posts
Where are u from richlady? TARP is troubled asset relief program if i'm not mistaken.. Its a US exit strategy for company in debt.. People mention it alot in news paper.. especially WSJ..
Not familiar with the jargon.
Greeting from Malaysia. Nice to know you all.
Great Bodies are Engineered not Born
