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Cable Update (GBPUSD)

  • #234,101
  • Jun 27, 2010 7:01pm Jun 27, 2010 7:01pm
I believe usdx must go through this level first before buying. It is a support level.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 24 KB
  • #234,102
  • Jun 27, 2010 8:09pm Jun 27, 2010 8:09pm
i am not crazy but i am longing cable @ 1.5071
t.p = open

who else is not crazy ?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #234,103
  • Jun 27, 2010 8:35pm Jun 27, 2010 8:35pm
Hey hey hey everyone. Brand new week to make some moneyyyy. By the way i will be posting here whatever i want whenever i want. For the haters, say what you gotta say, if there is something i do that bothers you and you're in the USA, come see me in DC, i show you what we really do here if we gotta problem. Otherwise I'll be here chilling posting some of the trades i take (since this is only for gbp/usd) and will NOT be posting my profit screens anymore since that gets "the haters" fired up (i thought i was the kid in this forum) .
  • #234,104
  • Jun 27, 2010 8:41pm Jun 27, 2010 8:41pm
Quoting Forextrader4
Hey hey hey everyone. Brand new week to make some moneyyyy. By the way i will be posting here whatever i want whenever i want. For the haters, say what you gotta say, if there is something i do that bothers you and you're in the USA, come see me in DC, i show you what we really do here if we gotta problem. Otherwise I'll be here chilling posting some of the trades i take (since this is only for gbp/usd) and will NOT be posting my profit screens anymore since that gets "the haters" fired up (i thought i was the kid in this forum) .
Glad you are going to stick around. I always get a lot out of your posts.
  • #234,105
  • Jun 27, 2010 8:49pm Jun 27, 2010 8:49pm
Quoting mdiz2
Glad you are going to stick around. I always get a lot out of your posts.
I appreciate you support man, as well as many nice and professional people in here.
  • #234,106
  • Jun 27, 2010 9:12pm Jun 27, 2010 9:12pm
Quoting negro wolf
i am not crazy but i am longing cable @ 1.5071
t.p = open

who else is not crazy ?

Not "Crazy" like you

But Still keep my Longs

Keep Buying @ Dips :

GBP/USD

EUR / USD

AUD / USD

Gold / USD

Keep Selling on Rallies :

USD / CHF

  • #234,107
  • Jun 27, 2010 9:43pm Jun 27, 2010 9:43pm

Sunday, June 27, 2010 19:35:30
(US) RBS is telling clients to prepare for significant money printing by the Fed - Telegraph Ambrose Evans-Pritchard
- Comments on a speech by the Fed's Bernanke from 8 years ago in which he noted that the extreme monetary stimulus is needed in order to deal with deflation.
- Notes the Fed's Board has quietly penciled in $5T as the upper limit for quantitative easing (QE).
- Notes how the ECRI leading index last week declined to -6.9, index is dropping faster than at any time during the post-War era.

**Reminder from June 24th: (US) London Telegraph's Ambrose Evans-Pritchard comments on the battle that Fed Chairman Bernanke is facing within the central bank; Key members of the Fed's board are quietly mulling new asset purchases, if needed by pushing the Fed's balance sheet from $2.4T to $5T.

  • #234,108
  • Jun 27, 2010 11:03pm Jun 27, 2010 11:03pm
Hey Forextrader4 I think your posts and explanations are great for those that are relatively new to this game like me, So please continue to post all your trades on here as like me I'm sure many others find it very useful. I read a few posts back that you were, or are thinking of setting up a skype room if that's still the case I would be very happy to join you on there.

Thanks
  • #234,109
  • Jun 27, 2010 11:33pm Jun 27, 2010 11:33pm
sorry are we painting the ceilling again?




Quoting Forextrader4
I appreciate you support man, as well as many nice and professional people in here.
  • #234,110
  • Jun 27, 2010 11:46pm Jun 27, 2010 11:46pm
Quoting Forextrader4
Hey hey hey everyone. Brand new week to make some moneyyyy. By the way i will be posting here whatever i want whenever i want. For the haters, say what you gotta say, if there is something i do that bothers you and you're in the USA, come see me in DC, i show you what we really do here if we gotta problem. Otherwise I'll be here chilling posting some of the trades i take (since this is only for gbp/usd) and will NOT be posting my profit screens anymore since that gets "the haters" fired up (i thought i was the kid in this forum) .
If you want to shut up the haters all you gotta do is post your trades as you make them. Why is that a problem?
  • #234,111
  • Edited Jun 28, 2010 12:06am Jun 27, 2010 11:51pm | Edited Jun 28, 2010 12:06am
Quoting learntowin
Not "Crazy" like you

But Still keep my Longs

Keep Buying @ Dips :

GBP/USD

EUR / USD

AUD / USD

Gold / USD

Keep Selling on Rallies :

USD / CHF

I'm gonna try be greedy about this and see if I can get in around 1.5015 because I think it will try tickle 1.5000 first but yea, a long is looking good.
  • #234,112
  • Jun 27, 2010 11:52pm Jun 27, 2010 11:52pm
Quoting EasySt
If you want to shut up the haters all you gotta do is post your trades as you make them. Why is that a problem?
All that does is get you a full pm box and a new brand of leechers to the thread....

This kinda shit gets old real quick.

He has been explaining his trade method, and posting his entries....even with that, I would hazard a guess that this has still made market losers.

Trade your own charts, play with your own money, that way you can own success.

As far as goes, he is moving his way up the ranks...choosing his own path is the best way.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,113
  • Jun 28, 2010 12:48am Jun 28, 2010 12:48am
Quoting Magix
All that does is get you a full pm box and a new brand of leechers to the thread....

This kinda shit gets old real quick.

He has been explaining his trade method, and posting his entries....even with that, I would hazard a guess that this has still made market losers.

Trade your own charts, play with your own money, that way you can own success.

As far as goes, he is moving his way up the ranks...choosing his own path is the best way.
Wohooo amen to that
  • #234,114
  • Jun 28, 2010 12:54am Jun 28, 2010 12:54am
Quoting kdx
Hey Forextrader4 I think your posts and explanations are great for those that are relatively new to this game like me, So please continue to post all your trades on here as like me I'm sure many others find it very useful. I read a few posts back that you were, or are thinking of setting up a skype room if that's still the case I would be very happy to join you on there.

Thanks
I'm still thinking about the skype room. As magix said i don't want to feel like i'm married and have an obligation to be in that chat room as i also want to live my life and enjoy my summer. If i setup the chat room though i will definitely let you know
  • #234,115
  • Jun 28, 2010 1:10am Jun 28, 2010 1:10am
update
http://www.forexfactory.com/showthre...36#post3833636
  • #234,116
  • Jun 28, 2010 1:14am Jun 28, 2010 1:14am
Quoting deboooo2005
update
http://www.forexfactory.com/showthre...36#post3833636
egos all over place in here ...

ever hear of frankie fake out ?

i am looking for longs off 1.5000 test
Blogging daily now at www.volume.zone
  • #234,117
  • Jun 28, 2010 1:24am Jun 28, 2010 1:24am
Quoting malcolmb14
egos all over place in here ...

ever hear of frankie fake out ?

i am looking for longs off 1.5000 test

not sure what gu has planned for this week but more often then not gu loves the 78.6 .. that on weekly is 1.5275

If we see test 1.4980 and then comes back above 1,5000 on a 30 min that could be the level we see by Tuesday(1.5250) .. then if adp / nfp are as bad as forecast it may be the nail that es needs to drive it thru 1050 , and if gu is correlated down into 1.4200 area

Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 24 KB
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  • #234,118
  • Jun 28, 2010 1:37am Jun 28, 2010 1:37am
If NFP comes bad then GU goes up right. mal why do u say 1.4200 area for cable, for that the NFP needs to be good !!!
  • #234,119
  • Jun 28, 2010 1:38am Jun 28, 2010 1:38am
Quoting newbie_fx
I believe usdx must go through this level first before buying. It is a support level.
The level has been holding up perfectly as I mentioned earlier.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 22 KB
  • #234,120
  • Jun 28, 2010 1:39am Jun 28, 2010 1:39am
Quoting Honored
If NFP comes bad then GU goes up right. mal why do u say 1.4200 area for cable, for that the NFP needs to be good !!!
when us markets go down money flows out of stocks and into usd / bonds. This makes usd stronger typically.

the correlation is about 65%.

This is why the gu and eu took a shit kicking in the 2008 market crisis
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