Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#13,021
May 18, 2007 1:43am May 18, 2007 1:43am

ashlee_17
| Joined Mar 2007 | Status: Trader | 425 Posts

Quoting Tatton

Disliked

anyone selling at this point?

Ignored

Took a small short position at the break of 1.9723 tagetting 1.9650

#13,022
May 18, 2007 1:45am May 18, 2007 1:45am

london
| Joined May 2007 | Status: Trader | 38 Posts

Moe,

Is that a limit order?

#13,023
May 18, 2007 1:45am May 18, 2007 1:45am

gobigo12
| Joined Mar 2007 | Status: Pip Pimp! | 165 Posts

Quoting Moe

Disliked

im long 1.9719

Ignored

long 1.9721

“Past performance is not indicative of future results”

#13,024
May 18, 2007 1:46am May 18, 2007 1:46am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

Quoting london

Disliked

Moe,

Is that a limit order?

Ignored

im in at that price.

If I Go Broke Trying Then I Will die happy.

#13,025
May 18, 2007 1:47am May 18, 2007 1:47am

london
| Joined May 2007 | Status: Trader | 38 Posts

Moe,

You hedging or letting ride??

#13,026
May 18, 2007 1:48am May 18, 2007 1:48am

gobigo12
| Joined Mar 2007 | Status: Pip Pimp! | 165 Posts

Quoting Moe

Disliked

im in at that price.

Ignored

I see it retracing all day back up to the 9760 area possibly .
anyone else think so ?

“Past performance is not indicative of future results”

#13,027
May 18, 2007 1:50am May 18, 2007 1:50am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

Quoting london

Disliked

Moe,

You hedging or letting ride??

Ignored

im was long earlier at 9738 jump out right before the news at 9768 then i jump back in ima let this ride till u.s. open.

If I Go Broke Trying Then I Will die happy.

#13,028
May 18, 2007 1:54am May 18, 2007 1:54am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

Quoting gobigo12

Disliked

I see it retracing all day back up to the 9760 area possibly .
anyone else think so ?

Ignored

sounds good and i hope so but who know where this thing is going from here, i will be looking at a sell if everthing goes right from here to u.s. open, if so i will be selling right before u.s. news comes out.

If I Go Broke Trying Then I Will die happy.

#13,029
May 18, 2007 1:55am May 18, 2007 1:55am

london
| Joined May 2007 | Status: Trader | 38 Posts

Not sure where we are going, the pound was strong but Retail sales poor, trouble is alot of longs are now trapped !!! depends on the US results!! I dont think we are going anywhere fast at present.......

#13,030
May 18, 2007 1:59am May 18, 2007 1:59am

wshhmm
| Joined Dec 2006 | Status: 20/20 | 305 Posts

Quoting london

Disliked

Not sure where we are going, the pound was strong but Retail sales poor, trouble is alot of longs are now trapped !!! depends on the US results!! I dont think we are going anywhere fast at present.......

Ignored

Just from now the US index futures are strong, that means US news should not bad at least.

#13,031
May 18, 2007 1:59am May 18, 2007 1:59am

el_duende
| Joined Oct 2006 | Status: Trader | 1,012 Posts

all my shorts now closed at TP.

I have placed sell orders at 1.9740, 1.9750 and 1.9760 hoping to catch a bull retrace before another drop. Not sure this will happen though now.

That retail number came as quite a shock.

selling euro may be better at the moment at 1.3500 / 1.3520 level

#13,032
May 18, 2007 1:59am May 18, 2007 1:59am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

Quoting london

Disliked

Not sure where we are going, the pound was strong but Retail sales poor, trouble is alot of longs are now trapped !!! depends on the US results!! I dont think we are going anywhere fast at present.......

Ignored

i hope i don't get trap at 9719 i will set my s/l at 9689 this will break me even on my earlier trade then i will call it a week. don't have time to be fooling around with cable all day, this whole week my cable been acting funny, no very clear direction this week.

If I Go Broke Trying Then I Will die happy.

#13,033
May 18, 2007 2:00am May 18, 2007 2:00am

pino2
Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts

Resistance now @ 1.9730 followed by an obstacles at 1.9750, and a minor support @ 1.9710 which can be broken

#13,034
May 18, 2007 2:01am May 18, 2007 2:01am

london
| Joined May 2007 | Status: Trader | 38 Posts

Yes but it's globex at present and I want the news to be bad so the $ falls!

#13,035
May 18, 2007 2:05am May 18, 2007 2:05am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

Quoting london

Disliked

Yes but it's globex at present and I want the news to be bad so the $ falls!

Ignored

lets hope so, eur has not drop that much lets hope the pound recover

If I Go Broke Trying Then I Will die happy.

#13,036
May 18, 2007 2:07am May 18, 2007 2:07am

ashlee_17
| Joined Mar 2007 | Status: Trader | 425 Posts

Stops for cable are below 1.9680. Immidiate support for GBP/USD is now at 1.9690.

#13,037
May 18, 2007 2:07am May 18, 2007 2:07am

london
| Joined May 2007 | Status: Trader | 38 Posts

And the £ got stronger after the news against the CHF...

#13,038
May 18, 2007 2:13am May 18, 2007 2:13am

november15th
| Joined Dec 2006 | Status: rollarse bien | 89 Posts

man some downside shock on that one. youre right eur has held reasonably well even though through .3500 for the moment but it could just be lagging... dont know how big of a swinger the us consumer sent. will be later but cable looks to be down for the week as a whole.

#13,039
May 18, 2007 2:15am May 18, 2007 2:15am