Thanks Kas, your too kind. C.

Cable Update (GBPUSD)

Thanks Doc.. But don't remind me this time of year.. I am going nuts here. Remind me again on 04/15 why I chose to do what I do. Actually this year it's 4/18 due to federal holiday. If you live in Mass. or Maine it's 04/19 for the state. C.

Cable Update (GBPUSD)

I would agree with the moron's at Bloomberg. I could be wrong but I really don't see any reason for the UK to raise rates. England's economy is in the crapper worse than the USA and the USA is leaving rates low to pour more money into the economy. ...

Cable Update (GBPUSD)

I still think we are in for a bit of the shortside action, although I am not as willing to jump into it as gs. I did a small one last night and got it pounded up my ass. Things almost look to bullish but hey wtf... go with it until it bucks you. I ...

Cable Update (GBPUSD)

Hi Kas, It's real hard to say what eveything is attributed to. I think it really is a combinatin of many things. Stocks in of themselves are a different beast than the Forex is although the principals are the same. When you go to buy and sell a ...

Cable Update (GBPUSD)

I knew the stock markets were bullish but I think I underestimated how bullish they really are. After a very small bounce off these levels we blew through them like they were not even there.

Cable Update (GBPUSD)

The dollars lips are firmly pressed to its ass. I got stopped out on my gu short but my au long is performing nicely.

Cable Update (GBPUSD)

You too GS, It is always nice chatting with you. Yeah BOJ scares me too, but so does the BOE.

Cable Update (GBPUSD)

As of right now I am fairly flat. I have a very small G/U short in for a speculation trade (not risking much on that one). I have a long A/U that I placed about 17 weeks ago or so. G/J I like short, but waiting for confirmation (kind of same ...

Cable Update (GBPUSD)

On the other hand though, I noticed there has been absolutely zero interest since the first hour of the weekly open to bring this chart to the south. So like I said... A crap shoot.

Cable Update (GBPUSD)

GS, From my point of view, if that does become support, the dollar can bend over and kiss it's own ass goodbye. But bottom line is like I have been saying, no one can really be sure which way it's going. It could very well head to 6250. It could ...

Cable Update (GBPUSD)

Hi GS, Those are limits, but look at October and November candles. 6065 roughly was the close of the October candle and open of the November candle. Consider too that November's candle is an inside bar for all practical purposes, that should be ...

Cable Update (GBPUSD)

You know, when you are short biased, days like this make it difficult to support your position. This is the spot 6065 where I have a monthly resistance. We break here we go up a long way. I still feel we don't break, but I will not go short until I ...

Cable Update (GBPUSD)

Explain soon.. When is it going? Did it buy it's airfare already and is it's bags packed? Is it bringing the family? Does it have any activities planned once it gets there? How long is it going for? Did it get someone to watch the dogs and cats ...

Cable Update (GBPUSD)

I like sleeping so being the "sleeper" works well for me..lol

Cable Update (GBPUSD)

Thank you Fontu. I try to look for correlations between the different markets to assist in making my trades since all markets are interconnected to one another. I really came to this realization in 2007/2008 when the U.S. stock markets crashed down ...

Cable Update (GBPUSD)

Funny I was talking about Gold with Malcomb14 this morning in Skype. Here was what my comment was.. [8:34:27 AM] Chicago: Gold, I am not so sure... I feel we may move to 1250 before we get the spike up So really we both are along the same sediment ...

The Boardroom

TY Rufus. I try to look for strong correlations between the markets. Friday turned out to be a pretty profitable day for me. I picked up QQQQ put options and DXD call options Thursday before market close, shorted ES and went short EU and GU Friday ...

The Boardroom

Ooh can I be the big indian guy that was in the movie? It would be a change from being a short guy

Cable Update (GBPUSD)

Interesting Day — Lets look at exactly when the gdp news came out. DOW Jones = 12000 Nasdaq = 2800 S&P = 1300 E/U = 1.3750 G/U = 1.5950 etc... Now what happens historically when people buy stocks. They have to take their cash... i.e. the ...

The Boardroom