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Cable Update (GBPUSD)

  • #224,561
  • May 6, 2010 2:38pm May 6, 2010 2:38pm
Quoting kill56
thats what foooooooooook the market up eur-jpy
this is what cnbc is reporting.

I'm sitting on my hands as of now. Just keep saying to myself "discipline, discipline, discipline."
  • #224,562
  • May 6, 2010 2:38pm May 6, 2010 2:38pm
Quoting cloggie
MT4 will never ever be able to keep up with drops like this, by the time your price gets from the broker to BT and to you, it is so old they may as well have mailed it to you.
lol so true
imagine all these trader
not having high speed internet in this situation ...
  • #224,563
  • May 6, 2010 2:42pm May 6, 2010 2:42pm
Quoting cloggie
Look at my explanation earlier, Flash traders get the orders before the markets get them, they see a drop in a key stock like GE and PnG and they just start selling them off as fast as they can, there are no people involved, Flash traders only get to see the book about 1/2 second before the rest and need to make up their mind rather quickly, once the flash traders start selling the HFT's jump on the bandwagon because they see the discrepancies between orders filled and prices asked and you have a never ending cycle until someone somewhere says,...
just read it. i probably started typing just as you posted.

I haven't eaten in 6 hours but don't wanna leave the monitor.
  • #224,564
  • May 6, 2010 2:43pm May 6, 2010 2:43pm
doubt nfp tomorrow can top what just happened lol
Thank You
  • #224,565
  • May 6, 2010 2:44pm May 6, 2010 2:44pm
Quoting wormboy
doubt nfp tomorrow can top what just happened lol

We may not see what just happened for another 20 years.
  • #224,566
  • May 6, 2010 2:44pm May 6, 2010 2:44pm
Interesting to watch but I'm keeping myself out of this mess. Change of trend as soon as we get a result or...
  • #224,567
  • May 6, 2010 2:44pm May 6, 2010 2:44pm
Quoting free4440273
Oh man, tomorrow is gonna be great. Sleep? forget sleep!!
sleep on saturday.

P.S. why is my wife your avatar?
  • #224,568
  • May 6, 2010 2:45pm May 6, 2010 2:45pm
Quoting free4440273
Loving eur/yen -- multiple entries with a one/two minute time frame!
Wasn't the last hur just great hehe I've been on the 1 min TF aswell making 80 pip moves numerous times in just a few minutes.

what a night
  • #224,569
  • May 6, 2010 2:47pm May 6, 2010 2:47pm
how many heart attacks they have after u see the price gos from $60 or $40 to 1 darn cent darrrrrrrrrrrrrrn
  • #224,570
  • May 6, 2010 2:47pm May 6, 2010 2:47pm
Quoting cloggie
We may not see what just happened for another 20 years.
damn! 20 years is too long clogs!
Thank You
  • #224,571
  • May 6, 2010 2:48pm May 6, 2010 2:48pm
Wormie,
Look at GJ monthly chart.
It seems that it want to make double bottom
  • #224,572
  • May 6, 2010 2:48pm May 6, 2010 2:48pm
wall street/goldman sachs can't catch a break
  • #224,573
  • May 6, 2010 2:48pm May 6, 2010 2:48pm
Quoting wormboy
damn! 20 years is too long clogs!
This was the first 1000 point drop of the Dow in 100 years, in a single drop. It was 998.5
  • #224,574
  • May 6, 2010 2:49pm May 6, 2010 2:49pm
Quoting kill56
how many heart attacks they have after u see the price gos from $60 or $40 to 1 darn cent darrrrrrrrrrrrrrn
or if you're tiger, you have a beer and a smile!!!
  • #224,575
  • May 6, 2010 2:49pm May 6, 2010 2:49pm
Quoting kill56
how many heart attacks they have after u see the price gos from $60 or $40 to 1 darn cent darrrrrrrrrrrrrrn
How many bankruptcy today in this room
  • #224,576
  • May 6, 2010 2:50pm May 6, 2010 2:50pm
Quoting Baby-Trader
How many bankruptcy today in this room

Long Dow and Ftse is a sure bet now.
  • #224,577
  • May 6, 2010 2:50pm May 6, 2010 2:50pm
my gbpjpy trade gave me one helluva workout for the heart.
cardio is overrated
Thank You
  • #224,578
  • May 6, 2010 2:51pm May 6, 2010 2:51pm
SnP futures sold of 16 billion in 2 minutes.
  • #224,579
  • May 6, 2010 2:51pm May 6, 2010 2:51pm
Hi Cloggie,

What's your general sentiment for cable, do you think it will continue to fall? Also are you guys trading throughout the night!? Thanks
  • #224,580
  • May 6, 2010 2:53pm May 6, 2010 2:53pm
Quoting thinkman
Hi Cloggie,

What's your general sentiment for cable, do you think it will continue to fall? Also are you guys trading throughout the night!? Thanks
I am going throught the night, the first exit polls are key, if the Conservatives get an outright majority expect 300 pip to the upside, if the result is a hung parliament depending on the individual percentages I am banking on 500 pips to the downside.

This may not happen all in one night, but I am not going to miss it.
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