Come with me if you want to live....
Cable Update (GBPUSD)
- #386,521
- Jul 10, 2014 7:09pm Jul 10, 2014 7:09pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
- #386,522
- Jul 10, 2014 7:16pm Jul 10, 2014 7:16pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Yeah, I yell at my kid sometimes, mostly she doesn't listen lol...
Hope I'm wrong this time.I see the same thing as Bones but with two fibs in the works. We'll see...
Ghost Rider - WWTBMD?
- #386,523
- Jul 10, 2014 7:39pm Jul 10, 2014 7:39pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} Well, I have to admit I'm routing with Bones here...LOL But you know me and my "faith" ...or lack thereof...in the dollar.
Just a note though, by looking at your chart (I don't have index charts by the way), it seems we closed last month beneath the 50fib on you chart, and with daily rejection candles around 1.72 region on the retrace.
Is this just a small retrace before trend resumption?
Come with me if you want to live....
- #386,524
- Jul 10, 2014 7:42pm Jul 10, 2014 7:42pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Is this just a small retrace before trend resumption?
But we have had a dollar dump so I'm hopeful I'm wrong and it will actually pick up. But...it's the dollar so 
...lol
Ghost Rider - WWTBMD?
- #386,525
- Jul 10, 2014 7:52pm Jul 10, 2014 7:52pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} That's my fear.
I remember in the early 90's when I was out shopping, a guy with a wild crazed look in his eye was wondering randomly around the mall saying to everyone "buy gold, buy gold".......
I thought, what a nutter....
Doh....
its sometimes a bees dick between madman and genius...
Come with me if you want to live....
- #386,528
- Jul 10, 2014 8:11pm Jul 10, 2014 8:11pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Lol.... I remember in the early 90's when I was out shopping, a guy with a wild crazed look in his eye was wondering randomly around the mall saying to everyone "buy gold, buy gold"....... I thought, what a nutter.... Doh.... its sometimes a bees dick between madman and genius...
... lolI don't know if you remember or were here at the time brother but, back when cable was trading the 5230/6370 levels and we were all enjoying the repeatable range which, eventually brings out the inevitable question of which way it will break? Many were saying the "Mighty Dollar" was sure to send it to 3500. It's all back there in this thread but, back when Nav, Bull_Bear, Azim, me and a bunch of us were trading.
Of course I didn't "know" but I kept saying how I had no faith in the dollar and we best be careful about thinking it would break lower. We did get those two false breaks down to 4800 taking out that 4 year symmetrical triangle and then many were convinced but...well....the rest is history as they say.
Ghost Rider - WWTBMD?
- #386,530
- Jul 10, 2014 8:28pm Jul 10, 2014 8:28pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} I know that fine line well...
I have had longer term bearish USD projection almost from the time I appeared on FF.
All of 2012 I was pointing out the weekly congestion boxes of 2011 signalling large GU buyers were catching this falling knife. (All in my journal and cable thread), along with my own non mainstream sources also.
Then while we were in that false break, I got relegated to the "no idea club" by pro trader (no names
) for thinking we will break north of 1.64 lol...
Come with me if you want to live....
- #386,531
- Jul 10, 2014 8:32pm Jul 10, 2014 8:32pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Oh I remember it well brother, very well. I have had longer term bearish USD projection almost from the time I appeared on FF. All of 2012 I was pointing out the weekly congestion boxes of 2011 signalling large GU buyers were catching this falling knife. (All in my journal and cable thread), along with my own non mainstream sources also. Then while we were in that false break, I got relegated to the "no idea club" by pro trader (no names
... Ghost Rider - WWTBMD?
- #386,533
- Jul 10, 2014 10:30pm Jul 10, 2014 10:30pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} I thought so bro. Yes, I received many compliments as well.
- #386,536
- Jul 10, 2014 11:11pm Jul 10, 2014 11:11pm
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,049 Posts
- #386,537
- Jul 10, 2014 11:12pm Jul 10, 2014 11:12pm
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,049 Posts
- #386,538
- Jul 10, 2014 11:13pm Jul 10, 2014 11:13pm
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #386,540
- Jul 10, 2014 11:47pm Jul 10, 2014 11:47pm
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
