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Cable Update (GBPUSD)

  • #159,721
  • Aug 20, 2009 2:30pm Aug 20, 2009 2:30pm
Quoting allserene
he pulled back in the last 50 meters so no one could accuse him of using drugs
lol...yea saw that...kinda like cable now pulling back saying bulls c'mon catch up if you can...lol
Hear the music before the song is over ...
  • #159,722
  • Aug 20, 2009 2:36pm Aug 20, 2009 2:36pm
Quoting GlobalMacro
lol...yea saw that...kinda like cable now pulling back saying bulls c'mon catch up if you can...lol
I can just feel the danger in stocks and forex

At least when it's screaming up and down 300 pips we know what's happening - but this is more like they are all around us in the long grass and we don't know where the attack will come from

A steady crawl for the DOW to 10,000 and cable stands still or goes to 1.73 ?

A Dow fall to 8700 and cable at 1.50 ?

It' s too quiet
  • #159,723
  • Aug 20, 2009 2:37pm Aug 20, 2009 2:37pm
Quoting GlobalMacro
lol...yea saw that...kinda like cable now pulling back saying bulls c'mon catch up if you can...lol
Howzit Global...

Are you bull on cable now? EURGBP looks week and ready to pop that trendline?
  • #159,724
  • Aug 20, 2009 2:42pm Aug 20, 2009 2:42pm
Quoting allserene
I can just feel the danger in stocks and forex

At least when it's screaming up and down 300 pips we know what's happening - but this is more like they are all around us in the long grass and we don't know where the attack will come from

A steady crawl for the DOW to 10,000 and cable stands still or goes to 1.73 ?

A Dow fall to 8700 and cable at 1.50 ?

It' s too quiet

that's why I call her a panther...
btw ES just broke the top of the range up thru to 1007...that's what's causing the relative strength in cable right now...but they're both gonna gas out before long...
It's going down before up....
Hear the music before the song is over ...
  • #159,725
  • Aug 20, 2009 2:44pm Aug 20, 2009 2:44pm
Quoting GlobalMacro
ON THE WIRES: "US Treasury Secretary Geithner trekked to Ohio on Thursday to tout the benefits of Qualified School Construction Bonds ..."

Schools? I'm sure I heard Treasury Secretary Geithner mutter something about Lassie...??

Oh, I see Cable is rising nicely with my 16480 Long....a grand total of 35 pips right now on this particular position after waiting a week or so...
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  • #159,726
  • Aug 20, 2009 2:47pm Aug 20, 2009 2:47pm
Quoting I like steak
Howzit Global...

Are you bull on cable now? EURGBP looks week and ready to pop that trendline?
wat's buzzin' daw...lol

bull!!!!!??????

bro...I've been loading shorts for two days now...down it goes...
tell cesar to drop that break dancer bear in here, will ya....LOL
Hear the music before the song is over ...
  • #159,727
  • Aug 20, 2009 2:47pm Aug 20, 2009 2:47pm
Weekly closing of tomorrow could be above 6550 or more.

Already absorbed impact of weekly shooting star resulting false breakout toward down. If tomorrow it closed above 6550 then we can see another retest towards 1.7 area.
  • #159,728
  • Aug 20, 2009 2:51pm Aug 20, 2009 2:51pm
Quoting direct-trade
Schools? I'm sure I heard Treasury Secretary Geithner mutter something about Lassie...??

Oh, I see Cable is rising nicely with my 16480 Long....a grand total of 35 pips right now on this particular position after waiting a week or so...
DT when daily low u see for tomorrow any idea ?
  • #159,729
  • Aug 20, 2009 2:53pm Aug 20, 2009 2:53pm
Quoting GlobalMacro
wat's buzzin' daw...lol

bull!!!!!??????

bro...I've been loading shorts for two days now...down it goes...
tell cesar to drop that break dancer bear in here, will ya....LOL
You were loading Longs all the way down from 170, now you are loading Shorts on the way up?
  • #159,730
  • Aug 20, 2009 2:54pm Aug 20, 2009 2:54pm
Quoting GlobalMacro
wat's buzzin' daw...lol

bull!!!!!??????

bro...I've been loading shorts for two days now...down it goes...
tell cesar to drop that break dancer bear in here, will ya....LOL
that bear must be white bro....

glad you are here...ok misunderstood then ..yeah looks good for a fall...

another question please: what do you make of the volume we have now and how will the pick up in volume affect price action once the europeans come back from summer holiday?
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  • #159,731
  • Aug 20, 2009 3:03pm Aug 20, 2009 3:03pm
Quoting I like steak
what do you make of the volume we have now and how will the pick up in volume affect price action once the europeans come back from summer holiday?
they aren't coming back - they are sick of it all and staying drunk in Tenerife
  • #159,732
  • Aug 20, 2009 3:14pm Aug 20, 2009 3:14pm
Quoting GlobalMacro
that dude's pulling everyone's legs today w/ his "speech"...
a week that is!...tell me about it!!...and the worst part is I was up 144 pips already yesterday didn't book it and somehow still short....
its been happening to me all week...got +100 pips twice yesterday and today on dragon and yet im still in the trade minus..no idea if it will range or trend..go figure
  • #159,733
  • Edited 5:31pm Aug 20, 2009 3:17pm | Edited 5:31pm
Quoting direct-trade
You were loading Longs all the way down from 170, now you are loading Shorts on the way up?
hahahah...that's very funny...
boy wonder why I can't laugh about it...
I was never loading "all the way down from 170"...huh?
Last time I was loading long was at 1.6450 and booking profits above 1.6550,what the ....are you on...!?!?!?!....

maybe you shouldn't become a comedian after all...no talent for that ...stick to your cartoons bro
Hear the music before the song is over ...
  • #159,734
  • Aug 20, 2009 3:20pm Aug 20, 2009 3:20pm
Quoting albchr
Moved Sl to +55 now. At least there's plenty of time to react today...lol
Sorry guys, I know it ain't cable but it's the only trade (for me) worth talking about today...LOL. Just booked half at +80 and moved SL to +65 on USD/CAD...
Ghost Rider - WWTBMD?
  • #159,735
  • Aug 20, 2009 3:26pm Aug 20, 2009 3:26pm
Quoting albchr
Sorry guys, I know it ain't cable but it's the only trade (for me) worth talking about today...LOL. Just booked half at +80 and moved SL to +65 on USD/CAD...
welldone bro!
  • #159,736
  • Aug 20, 2009 3:30pm Aug 20, 2009 3:30pm
Quoting albchr
Sorry guys, I know it ain't cable but it's the only trade (for me) worth talking about today...LOL. Just booked half at +80 and moved SL to +65 on USD/CAD...
well done bro
  • #159,737
  • Aug 20, 2009 3:38pm Aug 20, 2009 3:38pm
Quoting albchr
Sorry guys, I know it ain't cable but it's the only trade (for me) worth talking about today...LOL. Just booked half at +80 and moved SL to +65 on USD/CAD...
I know this is a cable thread:-

chris u might wanna take notice of this trendline buddy..
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  • #159,738
  • Aug 20, 2009 3:45pm Aug 20, 2009 3:45pm
Quoting nAVIN2007
I know this is a cable thread:-

chris u might wanna take notice of this trendline buddy..
Thanks NAV. I know she's at the bottom which is why I made that move. Check the 15m and you'll see what I mean...

BTW, it was due to what I've learned from EO and the gang on his thread.

Thanks David!! You're a big part of my learning there sir!
Ghost Rider - WWTBMD?
  • #159,739
  • Aug 20, 2009 4:39pm Aug 20, 2009 4:39pm
Morning guys,

Nothing has changed for since my last post. If today was not Friday and don't have already 2 lots loaded on shorts, I would have another one waiting at 1.6550.

For those that know me, its my relax trading day.... BEER friday as I have made enough BEER money this week.

She's likely to make a move on mad Friday.

http://www.forexfactory.com/showpost...stcount=159631

See you at Drinking London session
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #159,740
  • Aug 20, 2009 4:46pm Aug 20, 2009 4:46pm
Quoting albchr
Thanks NAV. I know she's at the bottom which is why I made that move. Check the 15m and you'll see what I mean...

BTW, it was due to what I've learned from EO and the gang on his thread.

Thanks David!! You're a big part of my learning there sir!
Glad I could be of help Chris
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