Really, you work for a hedge fund and you are posting on little ole FF???? Why?

Cable Update (GBPUSD)

Ok this is how I see things at the moment. Notice no MA's of any kind. :

Cable Update (GBPUSD)

It's easy to generalize but Franklin National and Continental Illinois in the 80's and Barings Bank in the 90's are just three of the many big banks that were allowed to fail. And then have the pieces left get gobbled up by other larger banks.

Subprime Worries

Banks or mortgage companies that hold their own paper (not that bundle and resell it to some other company) do not want, if they are not short-term orientated, people to default. They lose two ways because of the cost of holding property until it is ...

Subprime Worries

I think it is better to look the other way around. Find weakness on higher timeframe first and then enter on shorter timeframe.

Cable Update (GBPUSD)

EW does work but it is not absolute. Nothing is. EW does not work just because people follow it. Don't believe that. I can post a chart of the dow from the crash of '29 period where fibs nbrs projected turning points. Now that is long before traders ...

Cable Update (GBPUSD)

That is the right smiley

Cable Update (GBPUSD)

The US, and I guess other countries as well, no longer have debtors jail so if there turns out to be a lot of homeowners who can no longer make their mortgage payments something will have to be done regarding bankruptcy eligibility. Especially ...

Subprime Worries

I am partial to the 4181 EMA. Hey its a fibo number. Trouble is you have to load 17 years of data to get it to show. It's presently at 1.6807 so I guess the uptrend is still intact. I'll check back in a year or two and let you know. Please don't ...

Cable Update (GBPUSD)

Very good for a first post. Welcome to another new one today. + + + And I believe as well b) haven't seen a bottom yet. Looking at the 2.0000 level for a swing point sometime end of next week. Keep in mind story on Reuters on friday that it is not ...

Cable Update (GBPUSD)

You from Switzerland? Welcome.

Cable Update (GBPUSD)

Me too. Wild, just the way I like it.

Cable Update (GBPUSD)

US might not be only one considering rate cut. From Reuters this aft: Market pricing for a European Central Bank rate hike next month has dropped to less than 50 percent and the chance of a move this month by the Bank of Japan has halved to 35 ...

Cable Update (GBPUSD)

I am a male gigilo on the side, myself. Anyone else?

Cable Update (GBPUSD)

But Cesar are you a guenis, or how about a genuis ? Traders are so willing to just jump in here and make statements without doing a little reading and see how you and others keep this thread alive and thriving. Never learn.

Cable Update (GBPUSD)

Dow was actually on the positive side for a short while.

Cable Update (GBPUSD)

Here's another Dow chart: I can post an intraday as well.

Cable Update (GBPUSD)

Dow futures currently -87 or down 0.65%

Cable Update (GBPUSD)

Oh trading has a way of bringing reality to even the best of us sometimes.

Cable Update (GBPUSD)

Dow Almost cut morning deficit in half -101 now

Cable Update (GBPUSD)