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Cable Update (GBPUSD)

  • #12,961
  • May 17, 2007 2:00pm May 17, 2007 2:00pm
hey el_duende, how many pips do you make monthly - on the average?
  • #12,962
  • May 17, 2007 2:01pm May 17, 2007 2:01pm
Quoting ashlee_17
You mean to say 1.9770? right?
Sure I was just testing!

Does the chart look too big?

Quote
hey el_duende, how many pips do you make monthly - on the average?

Not enough! lol
  • #12,963
  • May 17, 2007 2:05pm May 17, 2007 2:05pm
Quoting ashlee_17
hey el_duende, how many pips do you make monthly - on the average?
This is my first month trading live, im in a trial period to see if I can make it as a trader so not sure yet
  • #12,964
  • May 17, 2007 2:08pm May 17, 2007 2:08pm
I saved that pic to my desktop and opened it into photoshop to take a look at the size and it's 700 pixels wide. Which is 100 pixels wider than merlin allows on the FF hosted attachments. I still had to open my browser to view it fully.
  • #12,965
  • May 17, 2007 2:20pm May 17, 2007 2:20pm
Doh! ive been reading resolution the wrong way round. Max file size res is 700 * 1000 and not 1000 * 700!!!!

I will post another chart
  • #12,966
  • May 17, 2007 2:23pm May 17, 2007 2:23pm
GBP/JPY moving up again

Pipsta how is this chart
Attached Image
  • #12,967
  • May 17, 2007 2:31pm May 17, 2007 2:31pm
i miss henrys coment like did u miss me?...or do you wona see the 444...lol

on the other hand if speach of the union was the "TOP" at 9900 and something back in late yanuary, then the new PM Brown replacing the Blair in june might be the "BOTTOM", and it do match with the expiration BPMjune 07- futures, but till then we might have a bunch of ups and downs,...ill be bearish on pound throu growth till then.
its just money
  • #12,968
  • May 17, 2007 2:39pm May 17, 2007 2:39pm
Quoting ashlee_17
1. Good US news means GBP/USD would go down
2. There is no best time - most active time is when strong market-moving numbers come out.
Cheers for that.

So i take it that good UK news means GBP/USD would go up?
  • #12,969
  • May 17, 2007 2:43pm May 17, 2007 2:43pm
Quoting metro
Cheers for that.

So i take it that good UK news means GBP/USD should go up?
fixed it for ya
  • #12,970
  • May 17, 2007 2:46pm May 17, 2007 2:46pm
Quoting Tatton
fixed it for ya
Cool, thanks
  • #12,971
  • May 17, 2007 2:53pm May 17, 2007 2:53pm
Quoting metro
Cheers for that.

So i take it that good UK news means GBP/USD would go up?

correct
“Past performance is not indicative of future results”
  • #12,972
  • May 17, 2007 3:19pm May 17, 2007 3:19pm
Quoting Tatton
fixed it for ya
haha, true, so true !
“Past performance is not indicative of future results”
  • #12,973
  • May 17, 2007 4:17pm May 17, 2007 4:17pm
Hi everyone,
I guess that cable's high for tommorow might be 1.9777 and the low it might break 1.9711 and go to 1.9690, these are my thoughts for tommorow
  • #12,974
  • May 17, 2007 7:08pm May 17, 2007 7:08pm
BRC report signals that Friday release may actually be disappointing and could drag GBPUSD through support to below 1.9700.
  • #12,975
  • May 17, 2007 8:58pm May 17, 2007 8:58pm
Quoting pino2
Hi everyone,
I guess that cable's high for tommorow might be 1.9777 and the low it might break 1.9711 and go to 1.9690, these are my thoughts for tommorow
I agree with u pino2.....it looks like it'll continue to go for a downtrend....EMA21 on 1hr does show indicators of an extended downtrend...


trade smart...get out and enjoy the weekend...
  • #12,976
  • May 17, 2007 9:01pm May 17, 2007 9:01pm
News is news. Sometimes good news is bad for the particular currency and vice versa.

I believe No News is Good News. Watch the chart and leave the news for the talking heads. CNBC puleeze. Garbage. Nattering nabobs, someone once said.
  • #12,977
  • May 17, 2007 9:42pm May 17, 2007 9:42pm
i still have no clue for today news
  • #12,978
  • May 18, 2007 12:09am May 18, 2007 12:09am
Trading is a battle between the Bulls and the Bears
- You have all heard that before .............

but more importantly

Trading is a battle between the Technicals and the Funny-mentals
---------------------------------------------------------------------

sometimes Technicals move the market
and
sometimes the Funny's move the market !

--------------------------------------------------------------
Take your pick as to which ever happened today !


Here's 2 Charts looking ahead of days to come
Attached Image (click to enlarge)
Click to Enlarge Name: Swiss Franc-05-17-07-04.jpg Size: 64 KB
  • #12,979
  • May 18, 2007 12:10am May 18, 2007 12:10am
Pg-2.................
Here's the posture of the U.S. Dollar

Is today's breakout a big fakeout ? ..................
///////////////////////////////////////////////////////////

Only time will tell us now !
Attached Image (click to enlarge)
Click to Enlarge Name: Swiss Franc-05-17-07-05.jpg Size: 62 KB
  • #12,980
  • May 18, 2007 12:14am May 18, 2007 12:14am
Dude...you have looked at one too many charts....
290 traders viewing now, 6 are registered:
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