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Cable Update (GBPUSD)

  • #176,201
  • Oct 14, 2009 10:31am Oct 14, 2009 10:31am
Quoting nAVIN2007
can u explain that in normal english that someone like myself can understand plz bro!..i just dont understand what it means
Well, call DJ News wire, that was simply copied from the news,
Ask them to translate.

And if you not joking, Intervention in currencies Market means coordinated effort of Central Banks to

perhaps pump up the Dollar, Central Banks can Sell EURO and Buy dollars to support the Dollar,

Or any other major currency.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #176,202
  • Oct 14, 2009 10:31am Oct 14, 2009 10:31am
5891 atleast for cable short term (4-5 hours) in my opinion
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  • #176,203
  • Oct 14, 2009 10:33am Oct 14, 2009 10:33am
It's the 12H that's keeping me in ATM. But it does need to close below 5943 soon.
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Ghost Rider - WWTBMD?
  • #176,204
  • Oct 14, 2009 10:33am Oct 14, 2009 10:33am
Good day to you all,

Short I will stay for at least another 2 to 3 hours. It's just the little resistance @ 1.5937 (last week's open) Wanna get to below 1.5911 today to install some confidence.

Wish you all success
  • #176,205
  • Oct 14, 2009 10:36am Oct 14, 2009 10:36am
Quoting albchr
You may be right bro and probably are, but that's a heck of a 4H forming ATM.
well...that for example is called an opportunity...
a bull candle 100 pips higher wouldn't be called an opportunity to get rid of foul short positions, now would it bro...?....
Hear the music before the song is over ...
  • #176,206
  • Oct 14, 2009 10:37am Oct 14, 2009 10:37am
Quoting Johor JCS
it requires password to open it, do u know the password?

should be on the site
  • #176,207
  • Oct 14, 2009 10:38am Oct 14, 2009 10:38am
Quoting GlobalMacro
well...that for example is called an opportunity...
a bull candle 100 pips higher wouldn't be called an opportunity to get rid of foul short positions, now would it bro...?....

Can't argue the point.
Ghost Rider - WWTBMD?
  • #176,208
  • Oct 14, 2009 10:41am Oct 14, 2009 10:41am
Quoting SkyzerFX
Well, call DJ News wire, that was simply copied from the news,
Ask them to translate.

And if you not joking, Intervention in currencies Market means coordinated effort of Central Banks to

perhaps pump up the Dollar, Central Banks can Sell EURO and Buy dollars to support the Dollar,

Or any other major currency.

thanks man! i hope u didnt take offense to what i wrote, i have think when it comes to understanding fundies or even that sort of terminology

dollar strength would be good right now
  • #176,209
  • Oct 14, 2009 10:41am Oct 14, 2009 10:41am
[IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]MARKET WATING FOR THIS THING HOPE SOME MOVEMENT AFTER FOMC
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  • #176,210
  • Oct 14, 2009 10:50am Oct 14, 2009 10:50am
Join long team from 1.5947, SL 1.5905. Target ---> becuase of entry at high level --> trailing SL !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #176,211
  • Oct 14, 2009 10:50am Oct 14, 2009 10:50am
Quoting nAVIN2007
thanks man! i hope u didnt take offense to what i wrote, i have think when it comes to understanding fundies or even that sort of terminology

dollar strength would be good right now

.... ...
Ghost Rider - WWTBMD?
  • #176,212
  • Oct 14, 2009 10:51am Oct 14, 2009 10:51am
give it a few hours, and depending on how it plays out, it could start falling after that. Don't expect much to happen within the next few hours.
PIPPED TO THE LINE
  • #176,213
  • Oct 14, 2009 10:53am Oct 14, 2009 10:53am
dam it we will be on food stamps if the market stays here
  • #176,214
  • Oct 14, 2009 10:57am Oct 14, 2009 10:57am
DJIA about 20 points away from the significant psycological level 10,000!!
The Sky is the Limit!
  • #176,215
  • Oct 14, 2009 10:58am Oct 14, 2009 10:58am
Quoting manize
Join long team from 1.5947, SL 1.5905. Target ---> becuase of entry at high level --> trailing SL !
OK safety first, move SL + 8 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #176,216
  • Oct 14, 2009 11:04am Oct 14, 2009 11:04am
Quoting albchr
.... ...
  • #176,217
  • Oct 14, 2009 11:05am Oct 14, 2009 11:05am
Quoting ahlamo
DJIA about 20 points away from the significant psycological level 10,000!!
Ahlam, I hope you had a successful meeting and didn't take offense earlier here....just wanted to pull Chris' leg a lil bit....he's in love...you know...with his new GF...

btw, your statement about dow 10k and your signature immediately following that just rhymes very well...

Trade Well!
Hear the music before the song is over ...
  • #176,218
  • Oct 14, 2009 11:09am Oct 14, 2009 11:09am
Good day to you,

As long as price remains below the following 2 levels:

1) 50% line of last week @ 1.5971
2) The monthly open @ 1.5981

We may go to test 1.5911 later ( 50% line of the month range)

These areas will decide

Regards
  • #176,219
  • Oct 14, 2009 11:09am Oct 14, 2009 11:09am
Is that a bearish wedge/pennant I see forming right now.
  • #176,220
  • Oct 14, 2009 11:12am Oct 14, 2009 11:12am
Quoting GlobalMacro
Ahlam, I hope you had a successful meeting and didn't take offense earlier here....just wanted to pull Chris' leg a lil bit....he's in love...you know...with his new GF...

btw, your statement about dow 10k and your signature immediately following that just rhymes very well...

Trade Well!

Hi GM,

i am still just watching for now. And about earlier, i was confused but got it. I hear (read) about Chris and am very happy for him. It's so cute to see someone happy and in love. He's sreading the joy all around i guess

Anyway, the DOW has everyone's attention. We'll see if the 10,000 gets hit and how it would affect this stubborn pair. Down down down, 1.53/54 maybe?
The Sky is the Limit!
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