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Cable Update (GBPUSD)

  • #171,921
  • Oct 1, 2009 9:48am Oct 1, 2009 9:48am
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  • #171,922
  • Oct 1, 2009 9:49am Oct 1, 2009 9:49am
Quoting Magix
It gunna keep going.

Higher, n Higher, n Higher.

One of the things that is very interesting to watch is the trading sessions.
Check to see where we left of yesterday, and what direction we were headed. Now check the level today, and you get an idea of where we probably be going.

I think you may be right...GBP does seem to be showing some signs of life...perhaps she will not go gentle into that good night...although the long term does not look good for the pound.

Thank god I didnt actually sell on that last candle, was convinced it was just going to fall back down, would have been kicking myself if she launches north...for once, glad I hesitated!
  • #171,923
  • Oct 1, 2009 9:49am Oct 1, 2009 9:49am
Quoting Nene
This baby is going to test yesterdays high and most probably break it.
Hope you're not long. It's a headfake my friend. But I'll take your pips!
  • #171,924
  • Oct 1, 2009 9:49am Oct 1, 2009 9:49am
Quoting Bullbear0072
Kill - here it is. Took me a bit to find where I got it from. Simple but very effective. Go to [color=#008000]www.forexmt4.com/_MT4_Experts/OsMA.mq4 this is an instant download in mq4. Change the settings from 12,12,9 to 7,13,9 and only use this on the 4h timeframe. All lower timeframes use what you are now but this will keep you in line with the true trend. The market is only long when Osma is above...

a 100000 thnks bro i will test it
  • #171,925
  • Oct 1, 2009 9:50am Oct 1, 2009 9:50am
Quoting wormboy
It's still bullish for NOW. Been a nice ride up since monday
I feel like I am trapped on an elevator waiting to get to the Penthouse, and every time we stop at a floor and the door opens some fat, chalk eating kid keeps hammering all the buttons for the floors below.

Next time I see that fat kid, I gunna punch him right in the EYE!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,926
  • Oct 1, 2009 9:52am Oct 1, 2009 9:52am
Quoting Alpha Hamste
Sorry for the outburst earlier on, stress release management.
Btw, what is NFP?
NFP Non Farm Payroll Report. " Change in the number of employed people during the previous month, excluding the farming industry;"

EDIT it is tomorrow @ 8:30 AM EST - Undr USD slot tomorrows news blotter
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #171,927
  • Oct 1, 2009 9:56am Oct 1, 2009 9:56am


CABLE
Mid-East supply noted above $1.6000 capping..

10/1/2009 10:47:04 AM


CABLE: Mid-East supply noted above $1.6000 capping cable ahead of the
highs seen in the European morning.



..
  • #171,928
  • Oct 1, 2009 9:56am Oct 1, 2009 9:56am
Quoting Alpha Hamste
Btw, what is NFP?
Kinda like friday night live ... with a lot more adrenaline

http://www.investopedia.com/terms/n/....asp?&viewed=1
Thank You
  • #171,929
  • Oct 1, 2009 9:57am Oct 1, 2009 9:57am
Quoting Magix
I feel like I am trapped on an elevator waiting to get to the Penthouse, and every time we stop at a floor and the door opens some fat, chalk eating kid keeps hammering all the buttons for the floors below.

Next time I see that fat kid, I gunna punch him right in the EYE!
lol...

those annoying little buggers .....
Hear the music before the song is over ...
  • #171,930
  • Oct 1, 2009 9:57am Oct 1, 2009 9:57am
Quoting Magix
I feel like I am trapped on an elevator waiting to get to the Penthouse, and every time we stop at a floor and the door opens some fat, chalk eating kid keeps hammering all the buttons for the floors below.

Next time I see that fat kid, I gunna punch him right in the EYE!
LOL
  • #171,931
  • Oct 1, 2009 9:58am Oct 1, 2009 9:58am
Quoting Bullbear0072
Hope you're not long. It's a headfake my friend. But I'll take your pips!
Looks like dt and I are already taking them.
Don't let the same dog bite you twice. -- Chuck Berry
  • #171,932
  • Oct 1, 2009 9:58am Oct 1, 2009 9:58am
Quoting XTrade
NFP Non Farm Payroll Report. I do not see it on the news slots for today?

EDIT it is tomorrow @ 8:30 AM EST - Undr USD slot tomorrows news blotter

It falls on the first Friday of every month.

Learned the hard way to stay away from it! haha!

Probably the biggest influence on cable ( in the half hour/ hour after release)

Fun to watch!
  • #171,933
  • Oct 1, 2009 9:58am Oct 1, 2009 9:58am
Quoting Magix
I feel like I am trapped on an elevator waiting to get to the Penthouse, and every time we stop at a floor and the door opens some fat, chalk eating kid keeps hammering all the buttons for the floors below.

Next time I see that fat kid, I gunna punch him right in the EYE!


You sure have a screwy way to express yourself bro lol
Thank You
  • #171,934
  • Oct 1, 2009 9:59am Oct 1, 2009 9:59am
Quoting Alpha Hamste
Sorry for the outburst earlier on, stress release management.
Btw, what is NFP?

Since you don't know what is NFP, please be careful tomorrow when that big dog coming out. GL
  • #171,935
  • Oct 1, 2009 9:59am Oct 1, 2009 9:59am
Tuesday we finished a nice morning star. Can't see it coming back, Sir. Especially when I look an the U/J and see it diving.

Jim

Quoting Bullbear0072
Hope you're not long. It's a headfake my friend. But I'll take your pips!
  • #171,936
  • Oct 1, 2009 10:00am Oct 1, 2009 10:00am
Quoting wormboy
Kinda like friday night live ... with a lot more adrenaline

http://www.investopedia.com/terms/n/....asp?&viewed=1

salam

all the way to london underground
  • #171,937
  • Oct 1, 2009 10:02am Oct 1, 2009 10:02am
Quoting pippingFury
Looks like dt and I are already taking them.

i was staring at yur atvar (picture) it nearly finished me off!
  • #171,938
  • Oct 1, 2009 10:02am Oct 1, 2009 10:02am
Quoting Alpha Hamste
Sorry for the outburst earlier on, stress release management.
Btw, what is NFP?
Again, about NFP-Non farm Payroll -> it happen every friday in the beggining of the month. And for you consideration, please read your chart on the first friday july, august and sept on that event. GL
  • #171,939
  • Oct 1, 2009 10:03am Oct 1, 2009 10:03am
Quoting wormboy


You sure have a screwy way to express yourself bro lol
the way he is going he gonna pass out of stress b4 NY close and miss the move

what yah thinking about dorection now bro, still same?
  • #171,940
  • Oct 1, 2009 10:03am Oct 1, 2009 10:03am
Quoting antic81
I think you may be right...GBP does seem to be showing some signs of life...perhaps she will not go gentle into that good night...although the long term does not look good for the pound.

Thank god I didnt actually sell on that last candle, was convinced it was just going to fall back down, would have been kicking myself if she launches north...for once, glad I hesitated!
I dumped a few at a loss, grabbed a short for some quick pips and then added my longs for hold. This morning added to my long position and gunna hold for my targeted area of between 1.6255 and 1.63.

Nice on the Dylan Thomas Quote....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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