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Cable Update (GBPUSD)

  • #205,041
  • Mar 11, 2010 2:28am Mar 11, 2010 2:28am
Quoting forexlion
lol, i am not related to FF in any manner, and yes that link was a joke
Leading newbies up the garden path is not condusive to their learning. I fear for those who hang on to your every word.
  • #205,042
  • Mar 11, 2010 2:29am Mar 11, 2010 2:29am
Quote
lol .. thought you were shorting to 4400 with Soros http://cdn.forexfactory.com/images/s...yim/tongue.gif

Yup mate...long term shorts are going on with 1.40 as a target.
  • #205,043
  • Mar 11, 2010 2:31am Mar 11, 2010 2:31am
Quoting forexlion
if it does not suit you do not do it, simple
I don't. Simple, isn't it?

I was just wondering out loud, in the spirit of forums, as to why you do. Needing physical delivery of currency can be the only logical reason. It's totally your business, of course.
  • #205,044
  • Mar 11, 2010 2:32am Mar 11, 2010 2:32am
Quoting kingfisher
Yup mate...long term shorts are going on with 1.40 as a target.
How is Soros this morning? What did he have for breakfast? What time is he having lunch? Does your friend also deal with Gordon Gekko?
  • #205,045
  • Mar 11, 2010 2:32am Mar 11, 2010 2:32am
My trade did not bite this morning. I am sitting out until there is some clear direction. Please don't do what I say... everyone has their own mind to make their own decisions.
  • #205,046
  • Mar 11, 2010 2:32am Mar 11, 2010 2:32am
Quoting forexlion
by the way

this kind of squeeze normally leads to a major breakput of 200 or more pips
and we still got a trendline to test
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 10 KB
  • #205,047
  • Mar 11, 2010 2:33am Mar 11, 2010 2:33am
Quoting gammase1
How is Soros this morning? What did he have for breakfast? What time is he having lunch?
  • #205,048
  • Mar 11, 2010 2:33am Mar 11, 2010 2:33am
Some minutes ago cable declined lower comparing to previous min level (at the lowest TFs). But the new established low is still in the trading range of perspective wave [i] of 5.

I’ve attached 1min chart showing the wave count on just formed bullish micro-impulse, that has typical 5-wave pattern. The price has already retraced, so it may be a good entry point for a buy order.

Check my previous entry to get known with the trading parameters and common view on the short-term move at GU. You can find it on one of the previous thread pages or right throught the signature link.
  • #205,049
  • Mar 11, 2010 2:36am Mar 11, 2010 2:36am
Quoting forexlion
by the way

this kind of squeeze normally leads to a major breakput of 200 or more pips
I know, the H1 chart shows perfect consolidation and a nice, juicy uncoiling could happen later today.
{Promotion Removed}
  • #205,050
  • Mar 11, 2010 2:37am Mar 11, 2010 2:37am
Quoting kingfisher
Yup mate...long term shorts are going on with 1.40 as a target.
well i have martha & shittybank on my side. 1.9 here i come
Thank You
  • #205,051
  • Mar 11, 2010 2:40am Mar 11, 2010 2:40am
Quoting wormboy
well i have martha & shittybank on my side. 1.9 here i come
Hello Azim,

I'm flat cable right now.

My bias, however, is veering towards a long, but I'm waiting patiently, for now. If/when 1.50 is cleared, we could see some decent upside momentum. If this occurs, an obvious area for resistance sits just prior to the 15200 handle.

Paul
  • #205,052
  • Mar 11, 2010 2:42am Mar 11, 2010 2:42am
Quote
How is Soros this morning? What did he have for breakfast? What time is he having lunch? Does your friend also deal with Gordon Gekko? http://cdn.forexfactory.com/images/s...m/big_grin.gif

Mate, soros dont put orders directly. He is busy in his NGO.

His hedge fund managers put orders as a part of portfolio investment and restructuring. My friend deal with traders at soros fund management LLC.

If you need to know what traders had for breakfast, what time they are having lunch, then i will ask them and let you know.
  • #205,053
  • Mar 11, 2010 2:44am Mar 11, 2010 2:44am
Scalping scenario i posted some minutes ago has proven. Price is @1.4982 level while typing, but it still hasn't broken the upper line i mentioned before - 1.499.
You can check the updates through the signature link
  • #205,054
  • Mar 11, 2010 2:46am Mar 11, 2010 2:46am
Quoting kingfisher
Mate, soros dont put orders directly. He is busy in his NGO.

His hedge fund managers put orders as a part of portfolio investment and restructuring. My friend deal with traders at soros fund management LLC.

If you need to know what traders had for breakfast, what time they are having lunch, then i will ask them and let you know.
Come on, it's obvious that Soros doesn't call a junior institutional sales guys to deal in the relatively "small" amounts that you mentioned the other day.

Your friend is talking absolute rubbish. Please take what he says with a large pinch of salt, seriously. I worked for a bank that also dealt with Soros's funds and we never had a clue as to what his (the funds') short, medium or longer term intentions were. There is no way your friend, or any salesperson for that matter, would be privy to this information, I promise you that.

Trade well, my friend.
  • #205,055
  • Mar 11, 2010 2:48am Mar 11, 2010 2:48am
Quoting gammase1
Hello Azim,

I'm flat cable right now.

My bias, however, is veering towards a long, but I'm waiting patiently, for now. If/when 1.50 is cleared, we could see some decent upside momentum. If this occurs, an obvious area for resistance sits just prior to the 15200 handle.

Paul
Hi paul

Yup, cable still needs to breakout from this level & I agree 5000 level needs to be cleared to build upside momentum. I have my alert set @5025 matter of fact
Don't think I'd be looking to short tho, first time we opened above dp in days.
Here's something I put up yesterday in case you missed it :
1. http://www.forexfactory.com/showpost...stcount=204920

Would be nice if it gets there, because I still am holding partial long from yesterday's low.
Thank You
  • #205,056
  • Mar 11, 2010 2:50am Mar 11, 2010 2:50am
Quoting gammase1
Come on, it's obvious that Soros doesn't call a junior institutional sales guys to deal in the "small" amounts that you mentioned the other day.

Your friend is talking absolute rubbish. Please take what he says with a large pinch of salt, seriously....
This is the joke of the century...soros using junior institutional sales guys.....
Mate tell you friend to stop feeding you information that even a dumb trader would never agree to........This has got to become my signature.........

Matey Never believe anything like that....
Let Price determine your future!
  • #205,057
  • Mar 11, 2010 2:51am Mar 11, 2010 2:51am
Written by Gerry Davies
March 11, 2010 at 08:41 GMT

"Cable sits at 1.4973. Stood at 1.4780 when I got in about 3 1/2 hours ago. Dipped to around 1.4948 and has subsequently bounced back to 1.4975. Talk in market US custody bank (custodial) has been buying. These entities can at times have rather large interest."




Okay, we have the git go. So let's go cable. Higher please thank you.
Thank You
  • #205,058
  • Mar 11, 2010 2:52am Mar 11, 2010 2:52am
Quoting Geppyg
This is the joke of the century...soros using junior institutional sales guys.....
Mate tell you friend to stop feeding you information that even a dumb trader would never agree to........This has got to become my signature.........

Matey Never believe anything like that....
Seeing as you've quoted as post from me, Geppyg!

I feel the need to clarify that you are in fact talking to Kingfisher and NOT me.

Good luck

p.s. good to see you posting on here!
  • #205,059
  • Mar 11, 2010 2:53am Mar 11, 2010 2:53am
Quoting forexlion
and we still got a trendline to test

all depends on charting package and how you draw that tl

it was tested last week and we got an immediate 400 pip bounce off it.

Attached Image (click to enlarge)
Click to Enlarge Name: gu01.gif Size: 35 KB
Blogging daily now at www.volume.zone
  • #205,060
  • Mar 11, 2010 2:56am Mar 11, 2010 2:56am
Quoting kingfisher
Mate, soros dont put orders directly. He is busy in his NGO.

His hedge fund managers put orders as a part of portfolio investment and restructuring. My friend deal with traders at soros fund management LLC.

If you need to know what traders had for breakfast, what time they are having lunch, then i will ask them and let you know.
no need to do that, Soros is my Grandpa, i will call him soon..,more easy, right?
I will be the number one Manager.
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