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Cable Update (GBPUSD)

  • #235,101
  • Jul 1, 2010 10:34am Jul 1, 2010 10:34am
Quoting wormboy
might be the last of it clogs. gonna get my gloves out now.

weird to see the xau & the dx both taking a hit at the same time

It's been Christmas, Easter and Newyears all rolled into one. Lots of times today GU, EG and EU moved all in the same direction.

NY still wants its high, has come this far they have to put their stamp on it. IF 51740 does make it and goes, we still have 5216 sitting out there.
  • #235,102
  • Jul 1, 2010 10:37am Jul 1, 2010 10:37am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Seems someone is ensuring these currencies have their last laugh :-)

I haven't seen anything bullish for no reason when markets are tanking so badly...



Quoting wormboy
might be the last of it clogs. gonna get my gloves out now.

weird to see the xau & the dx both taking a hit at the same time
  • #235,103
  • Jul 1, 2010 10:37am Jul 1, 2010 10:37am
Quoting wormboy
one helluva rise one day before the nfp.
bet tomorrow we'll be sporting this look again

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  • #235,104
  • Jul 1, 2010 10:37am Jul 1, 2010 10:37am
Quoting wormboy
one helluva rise one day before the nfp.
bet tomorrow we'll be sporting this look again

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hello Wormboy! sorry for my stuped question: how do you think - tomorrow up up up the same or fast down down ??? in the opposite direction
  • #235,105
  • Jul 1, 2010 10:38am Jul 1, 2010 10:38am
Quoting cloggie
Starving themselves for tomorrow's NFP

haha so will we see the same spike but in the opposite direction?
  • #235,106
  • Jul 1, 2010 10:39am Jul 1, 2010 10:39am
Quoting cloggie
It's been Christmas, Easter and Newyears all rolled into one. Lots of times today GU, EG and EU moved all in the same direction.

NY still wants its high, has come this far they have to put their stamp on it. IF 51740 does make it and goes, we still have 5216 sitting out there.
i just sold @5158 for half a lot. monster stop tho, placed @5310.
Thank You
  • #235,107
  • Jul 1, 2010 10:39am Jul 1, 2010 10:39am
Quoting 4xStar
On which tf do you want to see the test?
15 mins will do

I just want to see it lose confidence and try again and then lose confidence again

the s /l will be as tight as a crab's bottom - and that's watertight
  • #235,108
  • Jul 1, 2010 10:40am Jul 1, 2010 10:40am
Quoting wormboy
i just sold @5158 for half a lot. monster stop tho, placed @5310.

I am not going to jump in yet, tempting as it is. I want to see a clear and decisive rejection of 5174 first, a fake, a retest and a confirmed direction.
  • #235,109
  • Jul 1, 2010 10:41am Jul 1, 2010 10:41am
Quoting allserene
15 mins will do

I just want to see it lose confidence and try again and then lose confidence again

the s /l will be as tight as a crab's bottom - and that's watertight
thanks .. very picturesque description of s/l .. I will remember that one!
******************* I'd rather make money than be right.
  • #235,110
  • Jul 1, 2010 10:42am Jul 1, 2010 10:42am
Quoting wormboy
i just sold @5158 for half a lot. monster stop tho, placed @5310.
It's blood exciting that's what it is...

What - so they want to take money out of US and put it in Spanish property or Greek olive groves ? pull the other one - it's got bells on I say
  • #235,111
  • Jul 1, 2010 10:44am Jul 1, 2010 10:44am
Quoting allserene
It's blood exciting that's what it is...

What - so they want to take money out of US and put it in Spanish property or Greek olive groves ? pull the other one - it's got bells on I say

Or Italian industry and German engineering, I was going to add the UK car industry but the last government already gave that away. Tate and Lyle sold their sugar business today to the Americans.
  • #235,112
  • Jul 1, 2010 10:50am Jul 1, 2010 10:50am
Quoting ams
Seems someone is ensuring these currencies have their last laugh :-)

I haven't seen anything bullish for no reason when markets are tanking so badly...
what are you saying here ams? don't beat about the bush!
I know you work at an ib, so if a bird told you something, spill the bean!
Thank You
  • #235,113
  • Jul 1, 2010 10:51am Jul 1, 2010 10:51am
do we look on 1.53** 1.55**?
Attached Image (click to enlarge)
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  • #235,114
  • Jul 1, 2010 10:51am Jul 1, 2010 10:51am
Quoting Privet
hello Wormboy! sorry for my stuped question: how do you think - tomorrow up up up the same or fast down down ??? in the opposite direction
hi privet ..

because i already sold, I hope it goes fast down down
Thank You
  • #235,115
  • Jul 1, 2010 10:52am Jul 1, 2010 10:52am
Quoting cloggie
Or Italian industry and German engineering, I was going to add the UK car industry but the last government already gave that away. Tate and Lyle sold their sugar business today to the Americans.
One would think German car makers would be doing great with the dollar as it is - but nobody is buying cars so that doesn't work.

I was going to buy a BMW 5 series but my stocks are down 15% so I am hunkering down like the rest of the population and polishing my toyota

ps aha ! a red candle on euro and cable 15 mins..are we getting jittery...
  • #235,116
  • Jul 1, 2010 10:53am Jul 1, 2010 10:53am
Quoting cloggie
I am not going to jump in yet, tempting as it is. I want to see a clear and decisive rejection of 5174 first, a fake, a retest and a confirmed direction.
I'm already locked in bep
Thank You
  • #235,117
  • Jul 1, 2010 10:54am Jul 1, 2010 10:54am
Quoting wormboy
I'm already locked in bep
I never did see my 5174, so followed suit. Will scale this one in once she has some meat on her.
  • #235,118
  • Jul 1, 2010 11:00am Jul 1, 2010 11:00am
Quoting ams
Seems someone is ensuring these currencies have their last laugh :-)

I haven't seen anything bullish for no reason when markets are tanking so badly...
Correlation almost zero ....

always something to trade if you miss a nice move like gu or eu due to sleeping

mine was es and aj ...
Blogging daily now at www.volume.zone
  • #235,119
  • Jul 1, 2010 11:01am Jul 1, 2010 11:01am
Quoting wormboy
hi privet ..

because i already sold, I hope it goes fast down down
if it will be, but where and when level 1.53** will be?
  • #235,120
  • Jul 1, 2010 11:03am Jul 1, 2010 11:03am
Quoting cloggie
I never did see my 5174, so followed suit. Will scale this one in once she has some meat on her.
the 10ema on my 5min has breached for 1st time since erly this am thats all i know so ....
All systems of divination, like music itself,work through patterns.
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