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Cable Update (GBPUSD)

  • #14,221
  • Jun 1, 2007 11:07am Jun 1, 2007 11:07am
What another disappointing NFP.
Tra-X
  • #14,222
  • Jun 1, 2007 11:15am Jun 1, 2007 11:15am
Not bad, high-low-high rate more than four times today..
And they all broke my stoploss..
| Show Me The Money |
  • #14,223
  • Jun 1, 2007 11:29am Jun 1, 2007 11:29am
Quoting pino2
EUR/USD today's range is 71 pips
GBP/USD today's range is 53 pips
No comment
I Do believe in the british monarchy,,,,,
here we come......
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #14,224
  • Jun 1, 2007 11:32am Jun 1, 2007 11:32am
: England 3-1 Brazil!!!!!
  • #14,225
  • Jun 1, 2007 11:46am Jun 1, 2007 11:46am
I should have been clearer. Long term I define as weeks/months not minutes. I don't care whether cable moves 20 pips.

May's range was 395 pips, back in the good ole days that could almost be a days range

I have lengthen my trading horizon with this range bound garbage.
  • #14,226
  • Jun 1, 2007 11:50am Jun 1, 2007 11:50am
Quoting bravado
looks like its doing exactly as you said. but sooner.
9816 - 9820 is a resistance on my charts.....anyone else ?

looking like it wants to go right through it. :-)
“Past performance is not indicative of future results”
  • #14,227
  • Jun 1, 2007 11:51am Jun 1, 2007 11:51am
Quoting gobigo12
9816 - 9820 is a resistance on my charts.....anyone else ?

looking like it wants to go right through it. :-)
1.9829 R1
  • #14,228
  • Jun 1, 2007 11:57am Jun 1, 2007 11:57am
Quoting SunTrader
1.9829 R1
hmmmm, I do have another at 9830, and two at 9870 & 9900
“Past performance is not indicative of future results”
  • #14,229
  • Jun 1, 2007 12:11pm Jun 1, 2007 12:11pm
Quoting Pipbyta
: England 3-1 Brazil!!!!!
I Do Beleive in The Economic Status of the British monarchy ONLYYYYY
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #14,230
  • Jun 1, 2007 12:16pm Jun 1, 2007 12:16pm
Quoting afirozia
I have to agree ... this week has been really though ... lost almost 200 pips ... hopefully could recover back soon ... otherwise need life support as well
Don't feel to bad we all make some bad trades. I made one of the best mistakes today trying to trade the news, traded one way only to have it turn, got out and went the other way only for it to turn again. Lost 50 pips in 5 minutes. I know better, but for some reason I just didn't listen to myself today. Live lose and learn, only to forget and repeat it all again.
  • #14,231
  • Jun 1, 2007 12:29pm Jun 1, 2007 12:29pm
Quoting SunTrader
I should have been clearer. Long term I define as weeks/months not minutes.
agreed. long term trend up is alive and kicking. infact, it hasn't even been challenged yet.
BAM BAM BOOM! -bravado
  • #14,232
  • Jun 1, 2007 12:38pm Jun 1, 2007 12:38pm
Quoting gobigo12
9816 - 9820 is a resistance on my charts.....anyone else ?

looking like it wants to go right through it. :-)
well it's friday.

i don't see any immediate resistance for this pair. just lack of buyers and sellers at the moment. i would consider resistances coming in effect above 9860 area.

although the pair may look like it's heading up to above 9550, cable is direction less at the moment.

again, next week will show the way.
BAM BAM BOOM! -bravado
  • #14,233
  • Jun 1, 2007 12:47pm Jun 1, 2007 12:47pm
Quoting bravado
well it's friday.

i don't see any immediate resistance for this pair. just lack of buyers and sellers at the moment. i would consider resistances coming in effect above 9860 area.

although the pair may look like it's heading up to above 9550, cable is direction less at the moment.

again, next week will show the way.
* I think you meant 9850

but I agree on that one....and on that note I'm off for the weekend.
have some fun guys
“Past performance is not indicative of future results”
  • #14,234
  • Jun 1, 2007 1:25pm Jun 1, 2007 1:25pm
Quoting gobigo12
* I think you meant 9850

but I agree on that one....and on that note I'm off for the weekend.
have some fun guys
9850 i meant.
BAM BAM BOOM! -bravado
  • #14,235
  • Jun 1, 2007 7:06pm Jun 1, 2007 7:06pm
http://forexfactory.com/showthread.php?t=10378&page=944 post 14160

http://forexfactory.com/showthread.php?t=10378&page=946 post 14187




Quoting gobigo12
9816 - 9820 is a resistance on my charts.....anyone else ?

looking like it wants to go right through it. :-)
  • #14,236
  • Jun 2, 2007 12:55am Jun 2, 2007 12:55am
I think the cable will jump over 1.9900, maybe hit 2.
  • #14,237
  • Jun 2, 2007 12:27pm Jun 2, 2007 12:27pm
Do I hear 3

Actually since it is the weekend I can probably hear the crickets around here.
  • #14,238
  • Jun 2, 2007 1:18pm Jun 2, 2007 1:18pm
i see many predicting based on analysis but what systems are being used?

i use sidus, im interested in whats systems, indicators are being used.
  • #14,239
  • Jun 2, 2007 2:09pm Jun 2, 2007 2:09pm
Quoting SunTrader
I can probably hear the crickets around here.
not my sport but I know what you mean....haha
http://re3.mm-a2.yimg.com/image/2387054990
“Past performance is not indicative of future results”
  • #14,240
  • Jun 2, 2007 9:44pm Jun 2, 2007 9:44pm
Quoting gobigo12
not my sport but I know what you mean....haha
http://re3.mm-a2.yimg.com/image/2387054990

Yeah I thought about that after posting. What are they called in the UK? That is the critters in the grass, and not the game.
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