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Cable Update (GBPUSD)

  • #165,081
  • Sep 11, 2009 9:11am Sep 11, 2009 9:11am
Quoting spintrader
Dow/Oil/Gold still slowly climbing, yet cable disregards this and begins to fall.
A good sign for cable shorts I think. If only the other three would follow suit, that would cause a big drop in the pound.

Any longs at this point, keep a tight stop.
Dow just tested the 9650 resistance (Dec 4th) and was pushed back down.
Looks like the last line of defense. Close above that and .... 10400, lol wow, recession? what recession?
Thank You
  • #165,082
  • Sep 11, 2009 9:12am Sep 11, 2009 9:12am
You guys seen daily yet?
  • #165,083
  • Sep 11, 2009 9:13am Sep 11, 2009 9:13am
Quoting wormboy
hey faryad. I'm good thanks. how bout you?

I'm not trading cable since I last got stopped out. Just building my short positions on dragon. Looking very good atm
thanks doing good
holding short from 1.6720
  • #165,084
  • Sep 11, 2009 9:14am Sep 11, 2009 9:14am
Quoting wormboy
hey faryad. I'm good thanks. how bout you?

I'm not trading cable since I last got stopped out. Just building my short positions on dragon. Looking very good atm
Gotta love Dragon today Yesterday she dissapointed me
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #165,085
  • Sep 11, 2009 9:14am Sep 11, 2009 9:14am
Quoting wormboy
Dow just tested the 9650 resistance (Dec 4th) and was pushed back down.
Looks like the last line of defense. Close above that and .... 10400, lol wow, recession? what recession?

boooooooyacka!!!!!!!

Quoting Bull_Bear
Gotta love Dragon today Yesterday she dissapointed me
i hear yah
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  • #165,086
  • Sep 11, 2009 9:15am Sep 11, 2009 9:15am
i have one word for fridays...ba-na-nas
its like a freaking war right now
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #165,087
  • Sep 11, 2009 9:15am Sep 11, 2009 9:15am
Quoting nAVIN2007
dollar might has found a bottom for now...temporary at least...to early to tell... and pound stregth seem to have found resistance..
that mean looking hammer may prove you right bro.
long dollar! long dollar! lol

wait, i'm not even trading cable.

okay short dragon! short dragon!
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Thank You
  • #165,088
  • Sep 11, 2009 9:16am Sep 11, 2009 9:16am
short cable and euro 10 pip stops
  • #165,089
  • Sep 11, 2009 9:17am Sep 11, 2009 9:17am
Quoting Bull_Bear
Gotta love Dragon today Yesterday she dissapointed me
I love her everyday lol. Pays me much!
Thank You
  • #165,090
  • Sep 11, 2009 9:17am Sep 11, 2009 9:17am
Quoting wormboy
that mean looking hammer may prove you right bro.
long dollar! long dollar! lol

wait, i'm not even trading cable.

okay short dragon! short dragon!
Don't worry she's a slug today
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #165,091
  • Sep 11, 2009 9:18am Sep 11, 2009 9:18am
Quoting nAVIN2007
boooooooyacka!!!!!!!



i hear yah


see ya @147!
Thank You
  • #165,092
  • Sep 11, 2009 9:19am Sep 11, 2009 9:19am
Quoting wormboy
that mean looking hammer may prove you right bro.
long dollar! long dollar! lol

wait, i'm not even trading cable.

okay short dragon! short dragon!
nice!
  • #165,093
  • Sep 11, 2009 9:19am Sep 11, 2009 9:19am
Quoting wormboy
Dow just tested the 9650 resistance (Dec 4th) and was pushed back down.
Looks like the last line of defense. Close above that and .... 10400, lol wow, recession? what recession?
yeah I know what you mean, with the current optimism in the markets it's like economies of the World are healthier than they've ever been..
  • #165,094
  • Sep 11, 2009 9:22am Sep 11, 2009 9:22am
Quoting spintrader
Dow/Oil/Gold still slowly climbing, yet cable disregards this and begins to fall.
A good sign for cable shorts I think. If only the other three would follow suit, that would cause a big drop in the pound.

Any longs at this point, keep a tight stop.
It's a game of chicken out there

Looking at my Bp /oil etf / S&p etc and they are just flirting around

Got s/l's under my big stuff

cable still in the channel (english channel ?) and bollinger bands no mans land...

Dow back to no movement

Shower will have to wait a bit longer....
  • #165,095
  • Sep 11, 2009 9:22am Sep 11, 2009 9:22am
Quoting wormboy


see ya @147!

no doubt....its got a chance now...dailly just need full body close and we in line with the monthly candle
i do like trading dragon much easier than cable...cable is big bi*ch
  • #165,096
  • Sep 11, 2009 9:23am Sep 11, 2009 9:23am
Screw this cable today!! I'm riding EJ atm. My only open position and probably my last for the week.
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Ghost Rider - WWTBMD?
  • #165,097
  • Sep 11, 2009 9:26am Sep 11, 2009 9:26am
Quoting albchr
Screw this cable today!! I'm riding EJ atm. My only open position and probably my last for the week.
welldone chris looks like this week as been fantastic for u buddy...long may it continue.....we have some fantastic traders in here
  • #165,098
  • Sep 11, 2009 9:29am Sep 11, 2009 9:29am
Quoting nAVIN2007
no doubt....its got a chance now...dailly just need full body close and we in line with the monthly candle
i do like trading dragon much easier than cable...cable is big bi*ch
that's what I keep telling others. Dragon is a lot easier to trade, but noooooo they said fibre is easier. lol
Anyway welcome to the club brother!!
Thank You
  • #165,099
  • Sep 11, 2009 9:29am Sep 11, 2009 9:29am
Quoting nAVIN2007
welldone chris looks like this week as been fantastic for u buddy...long may it continue.....we have some fantastic traders in here
I just got lucky there Nav. I wasn't really watching it as I was so focused on this GU PIG. I switched over, saw a nice hanger on the 1H and took the shot.

So forget GU (The Mrs.) and RIDE EJ (The Mistress) LOL

Funny how that always works out better....
Ghost Rider - WWTBMD?
  • #165,100
  • Sep 11, 2009 9:30am Sep 11, 2009 9:30am
Quoting albchr
Screw this cable today!! I'm riding EJ atm. My only open position and probably my last for the week.
Todays PA is "do your head in PA"... Its like dragon PA yesterday when cable rallied. I don't expect cable to any big moves today..... if does I'd be suprised plesantly off course cos I'm holding short.
Veni, Vidi, Vici (We came, we saw, we conquered)
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