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Cable Update (GBPUSD)

  • #209,341
  • Mar 23, 2010 10:47am Mar 23, 2010 10:47am
Quoting cloggie
Initial estimate of the cost: 1 trillion dollars.
Guestimate! Add 150 bn and then double it...that will be the real cost! This will hurt the greenback over the coming YEARS!
  • #209,342
  • Mar 23, 2010 10:47am Mar 23, 2010 10:47am
Quoting cloggie
They can't, obamarama will just put it on the never-never
Well... we'll see what happens... he really believes in it...
Don't be emo... don't be emo....
  • #209,343
  • Mar 23, 2010 10:48am Mar 23, 2010 10:48am
Quoting bbakker
If it comes back to 15047, I will put in another cheeky little long.
And Here we go ...
  • #209,344
  • Mar 23, 2010 10:50am Mar 23, 2010 10:50am
Quoting drakes
Well... we'll see what happens... he really believes in it...
It is very personal to him!
  • #209,345
  • Mar 23, 2010 10:54am Mar 23, 2010 10:54am
Quoting ovic
And Here we go ...
If it held 15072, I would be inclined to say yes. My mother always told me not to count my chickens before they hatch... and I'm learning that very quickly on XXXX. Expect the unexpected!
  • #209,346
  • Mar 23, 2010 10:58am Mar 23, 2010 10:58am
1.5070/02 ,,,,,mmmmm tempting for a long???
  • #209,347
  • Mar 23, 2010 10:59am Mar 23, 2010 10:59am
gonna close above dp.
boom boom pow!
Thank You
  • #209,348
  • Mar 23, 2010 11:11am Mar 23, 2010 11:11am
Quoting wormboy
gonna close above dp.
boom boom pow!
Thanks for the confirmation Wormie. I got my little long in @ 67 with a SL just below the DP. Let's see what happens.
  • #209,349
  • Mar 23, 2010 11:12am Mar 23, 2010 11:12am
Here's what the allegedly H4 H&S formation is in truth.

credit goes to my mate alcando
Attached Image
Thank You
  • #209,350
  • Mar 23, 2010 11:14am Mar 23, 2010 11:14am
Quoting bbakker
Thanks for the confirmation Wormie. I got my little long in @ 67 with a SL just below the DP. Let's see what happens.
you're welcome mate. Just don't bet the whole farm yet. Two days cable accumulated here. Might take a while before it blows up. Good luck tho
Thank You
  • #209,351
  • Mar 23, 2010 11:23am Mar 23, 2010 11:23am
Hehe... Just cos she's a hunchback caterpillar dont mean she cant climb outta the hole she is in.


Quoting wormboy
Here's what the allegedly H4 H&S formation is in truth.

credit goes to my mate alcando
Ride the Bulls bearback!
  • #209,352
  • Mar 23, 2010 11:24am Mar 23, 2010 11:24am
Quoting wormboy
you're welcome mate. Just don't bet the whole farm yet. Two days cable accumulated here. Might take a while before it blows up. Good luck tho
Don't have a farm, but I do have a house, 2 cars, wife and kids (although the wife and kids won't be so willing) . MM rules! I learned that playing poker on FB. Getting from $3k to $150m... although I wish it were real money. Next target... $1bn! All my friends just keep blowing their pots away and I have to keep reloading them.... they will never learn! I am a great advocate of MM. It is the #1 lesson you have to learn if you want to stay in this game!
  • #209,353
  • Edited 11:35am Mar 23, 2010 11:24am | Edited 11:35am
Quoting cloggie
unless I get a good close above 5070 in which case we may see 5101.

She may get there, it does not fit my tradeplan so I am still out.

Edit: Have gone short fibre, cable may follow.
  • #209,354
  • Mar 23, 2010 11:31am Mar 23, 2010 11:31am
Quoting wormboy
you're welcome mate. Just don't bet the whole farm yet. Two days cable accumulated here. Might take a while before it blows up. Good luck tho
hi wormboy. please what is your take profit target on your long? respect
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #209,355
  • Mar 23, 2010 11:40am Mar 23, 2010 11:40am
Quoting omiunu
hi wormboy. please what is your take profit target on your long? respect
Hi .. already booked most of my profit with only one long position left.
No fixed target yet, but I am contemplating 5380 for the remaining position. Will need to see how we close today tho for confirmation.
Good luck to you.
Thank You
  • #209,356
  • Mar 23, 2010 11:43am Mar 23, 2010 11:43am
Quoting Ai3
: ))))))))))

Even though i think GBPUSD was acting not really predictably , still i've earned lots of pips on GBP so lets hope we will see more of major direction
I beg the differ. Cable had been very predictable of late.
Good day to you.
Thank You
  • #209,357
  • Mar 23, 2010 11:47am Mar 23, 2010 11:47am
Short 50621
  • #209,358
  • Mar 23, 2010 11:49am Mar 23, 2010 11:49am
Quoting cloggie
She may get there, it does not fit my tradeplan so I am still out.

Edit: Have gone short fibre, cable may follow.
Fibre is very close to the 12 month low! I suppose if fibre breaks, cable will follow!
  • #209,359
  • Mar 23, 2010 11:51am Mar 23, 2010 11:51am
Quoting cloggie
Short 50621
I just got back and saw it dropping below 5min ma and thought hey...

went to other tf's and saw it couldnt break 70 and thought HEY!

went to 1min and saw it broke ltl and thought HEY!

so I'm short
@pawpaw1000 on Twitter
  • #209,360
  • Mar 23, 2010 11:51am Mar 23, 2010 11:51am
Quoting bbakker
Fibre is very close to the 12 month low! I suppose if fibre breaks, cable will follow!

Fibre is at the 61.8 low of last years move up (3480) there will be loads of stops and options there. I am not hopeful we are breaking that today. So my target is the S1
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