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Cable Update (GBPUSD)

  • #166,481
  • Sep 17, 2009 4:10am Sep 17, 2009 4:10am
Quoting malcolmb14
more .. they always do ...

do I get a prize ?
...And the winner is...

Malcomb...you gotta get your prize from the market tho buddy...
Hear the music before the song is over ...
  • #166,482
  • Sep 17, 2009 4:12am Sep 17, 2009 4:12am
holding short till 1.66
  • #166,483
  • Sep 17, 2009 4:23am Sep 17, 2009 4:23am
those last few candles on the hourly looks nice/will it hold? hope so
  • #166,484
  • Sep 17, 2009 4:26am Sep 17, 2009 4:26am
Quoting Hasnaa


im looking for a pin on this 4hr but am kinda nervous about since the gbpflx BS is saying it could be up.....what to do huh...
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  • #166,485
  • Sep 17, 2009 4:28am Sep 17, 2009 4:28am
may be time for the dragon to get slayed
  • #166,486
  • Sep 17, 2009 4:49am Sep 17, 2009 4:49am
The descending 1hr channel took another hit earlier providing resistance at or around that and the 50% of the 6740-6400 fall....although has recovered somewhat since, cable range today at a current 59% of the 20day average pip range.

G/L

http://i26.tinypic.com/124x4pk.gif
ex member
  • #166,487
  • Sep 17, 2009 4:56am Sep 17, 2009 4:56am
Quoting GlobalMacro
...And the winner is...

Malcomb...you gotta get your prize from the market tho buddy...
Care to explain why?

retail sales flat... consumers will spend more?
  • #166,488
  • Sep 17, 2009 4:57am Sep 17, 2009 4:57am
....Boring....

Have fun folks....
Ghost Rider - WWTBMD?
  • #166,489
  • Sep 17, 2009 5:00am Sep 17, 2009 5:00am
Quoting albchr
....Boring....

Have fun folks....
dont worry chris i just pressed the sell button this mofo probably go to the moon now....
  • #166,490
  • Sep 17, 2009 5:00am Sep 17, 2009 5:00am
Quoting albchr
....Boring....

Have fun folks....
Hang in there pal. Patience is what we need to remember. Let her tease cause we will make many many pips once she decides to move her backside.
You've got to be IN IT to WIN IT!
  • #166,491
  • Sep 17, 2009 5:03am Sep 17, 2009 5:03am
Quoting nAVIN2007
dont worry chris i just pressed the sell button this mofo probably go to the moon now....
That had happened to me too. Press SELL it went up, press BUY it went down...funny Nav!!
  • #166,492
  • Sep 17, 2009 5:05am Sep 17, 2009 5:05am
Quoting nAVIN2007
dont worry chris i just pressed the sell button this mofo probably go to the moon now....
Hi nav, I don't know whether you are just joking around re comment above in respect of cabe's current inactivity or whether you have just entered a sell position on cable? If you have would it be possible to give your rationale, thx..
ex member
  • #166,493
  • Sep 17, 2009 5:05am Sep 17, 2009 5:05am
Quoting Alpha Hamste
That had happened to me too. Press SELL it went up, press BUY it went down...funny Nav!!

i dont trust the up move.. and it approached 50 retrace and theres a resistance in that area as well......this is more a casino trade than anything else..lol
  • #166,494
  • Sep 17, 2009 5:06am Sep 17, 2009 5:06am
i'm confused.

i dont understand this price action.

GU, EU and GJ.

All waiting for something.

What could it be?
  • #166,495
  • Sep 17, 2009 5:13am Sep 17, 2009 5:13am
Quoting Ifty
Hang in there pal. Patience is what we need to remember. Let her tease cause we will make many many pips once she decides to move her backside.
Ifty & Nav,

I'm hanging in and I'm not worried...lol Just bored to tears here...LOL

Just scalping a few here and there is all. Perhaps after the news and start of the US session thngs will pick up a bit. But for now I think a nap is in order.

The market is sleeping, why shouldn't I ?
Ghost Rider - WWTBMD?
  • #166,496
  • Sep 17, 2009 5:15am Sep 17, 2009 5:15am
Quoting bbmac
Hi nav, I don't know whether you are just joking around re comment above in respect of cabe's current inactivity or whether you have just entered a sell position on cable? If you have would it be possible to give your rationale, thx..

sorry yes absolutely..
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  • #166,497
  • Sep 17, 2009 5:16am Sep 17, 2009 5:16am
Quoting bidalufias
i'm confused.

i dont understand this price action.

GU, EU and GJ.

All waiting for something.

What could it be?
For Warren Buffet to make its move... no serious, myself is a bit inpatient the last couple of day played hell on my patience, discipline and my grail

btw, currently playing towards the North
  • #166,498
  • Sep 17, 2009 5:17am Sep 17, 2009 5:17am
Quoting bidalufias
Care to explain why?

retail sales flat... consumers will spend more?

This is where economics gets interesting...you have to think in causal chains...that's why people have difficulty understanding fundies much less applying them to markets.

But since you're asking and I see you're genuinely intereted in understanding, let's take a crack at it, shall we...

Let's imagine you're a shopkeeper.
Your store is full of merchandise. You haven't had a single customer for 1, 3, 4, heck 5 weeks....

Now tell me what do you come up with to entice customers to come into your store and start buying?
Hear the music before the song is over ...
  • #166,499
  • Sep 17, 2009 5:19am Sep 17, 2009 5:19am
feel like i am in a rocking chair
  • #166,500
  • Sep 17, 2009 5:20am Sep 17, 2009 5:20am
Quoting GlobalMacro
This is where economics gets interesting...you have to think in causal chains...that's why people have difficulty understanding fundies much less applying them to markets.

But since you're asking and I see you're genuinely intereted in understanding, let's take a crack at it, shall we...

Let's imagine you're a shopkeeper.
Your store is full of merchandise. You haven't had a single customer for 1, 3, 4, heck 5 weeks....

Now tell me what do you come up with to entice customers to come into your store and start buying?
DISCOUNTS!!!!
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