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Cable Update (GBPUSD)

  • #14,301
  • Jun 4, 2007 2:47pm Jun 4, 2007 2:47pm
Maybe factory orders were above the 200 sma
  • #14,302
  • Jun 4, 2007 8:49pm Jun 4, 2007 8:49pm
up or down?
Attached Image (click to enlarge)
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Nihil Sine Deo.
  • #14,303
  • Jun 4, 2007 9:16pm Jun 4, 2007 9:16pm
61.8% ret from 2.0131 high back up from lasts month low = 1.9957

2 additional fib lines - projection @ 1.9954 and ext ret @ 1.9943

Plus Daily R1 = 1.9952

Not to mention previous resistance zone 5/7/07-5/10/07

So IMO this 1.9943-1.9957 area will be tough to break through. For a day or two anyway.
  • #14,304
  • Jun 4, 2007 9:34pm Jun 4, 2007 9:34pm
Have been trying to work out why gbp has been gaining strength. The data is suggesting exactly the opposite of what the BOE is "discussing".. Thus i think some hot headed people with money are trying to shake some people out.

Could be trappy... I would be careful going either long or short, keep your stops tight.
  • #14,305
  • Jun 4, 2007 9:54pm Jun 4, 2007 9:54pm

i'm short.

expecting to lose money as usual.

  • #14,306
  • Jun 4, 2007 10:51pm Jun 4, 2007 10:51pm
Quoting amylase

i'm short.




expecting to lose money as usual.

oh, I think cable still goes up to hit 1.9935, after that retrace to 1.9900 and up again, short is dangerous now
  • #14,307
  • Jun 4, 2007 11:25pm Jun 4, 2007 11:25pm
Quoting NNDDuong
oh, I think cable still goes up to hit 1.9935, after that retrace to 1.9900 and up again, short is dangerous now

you are quite right. i'm expecting to lose money when i entered this trade.

just want to blow my account so i can be done with fx once and for all.
  • #14,308
  • Jun 4, 2007 11:27pm Jun 4, 2007 11:27pm
Quote
you are quite right. i'm expecting to lose money when i entered this trade.

just want to blow my account so i can be done with fx once and for all.

Whoa!!! some people are frustrated.
  • #14,309
  • Jun 4, 2007 11:31pm Jun 4, 2007 11:31pm
Quoting amylase
you are quite right. i'm expecting to lose money when i entered this trade.

just want to blow my account so i can be done with fx once and for all.
PM me and I will give you my banking details, rather give me the money!!
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #14,310
  • Jun 4, 2007 11:35pm Jun 4, 2007 11:35pm
You should study what you have done to be a better for the next day.


Quoting amylase
you are quite right. i'm expecting to lose money when i entered this trade.

just want to blow my account so i can be done with fx once and for all.
  • #14,311
  • Jun 4, 2007 11:35pm Jun 4, 2007 11:35pm
00:32London may look to test 2.000 today
  • #14,312
  • Jun 4, 2007 11:59pm Jun 4, 2007 11:59pm
Quoting PandoraBox
00:32London may look to test 2.000 today
Keep on posting the text from http://news.efxnow.com/EN/Commentary/index.html

  • #14,313
  • Jun 5, 2007 12:05am Jun 5, 2007 12:05am
Quoting africanpip
PM me and I will give you my banking details, rather give me the money!!

hope you are not the kinda person who will ask people for their credit card/wallet before letting them jump out of the window.
  • #14,314
  • Jun 5, 2007 12:45am Jun 5, 2007 12:45am
Quoting amylase
hope you are not the kinda person who will ask people for their credit card/wallet before letting them jump out of the window.
No I am not but if you are going to give your wallet away before jumping you may as well give to me!
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #14,315
  • Jun 5, 2007 12:48am Jun 5, 2007 12:48am
Quoting africanpip
No I am not but if you are going to give your wallet away before jumping you may as well give to me!

wordless
  • #14,316
  • Jun 5, 2007 12:49am Jun 5, 2007 12:49am
Quoting africanpip
No I am not but if you are going to give your wallet away before jumping you may as well give to me!

You value a wallet more than human life.

YOu probably would have longed the (money)/(some-body's-life) pair if your broker offered it.
  • #14,317
  • Jun 5, 2007 1:52am Jun 5, 2007 1:52am
Quoting amylase
You value a wallet more than human life.

YOu probably would have longed the (money)/(some-body's-life) pair if your broker offered it.
My first response was meant as a little light banter, I am not sure how you arrived at suicide from that, but your thought process concerns me. On a more serious note of course I wouldn't take a wallet from someone who was to jump. I know the value of Life, I have just buried a good friend this week end who was murdered for nothing so excuse me for being a bit cynnical about people who don't value their own lives when people who love life have it senselessly taken away.

I hope this can be last last and apologies to all on this thread.
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #14,318
  • Jun 5, 2007 2:07am Jun 5, 2007 2:07am
Quoting amylase
You value a wallet more than human life.

YOu probably would have longed the (money)/(some-body's-life) pair if your broker offered it.
Don't get upset. Just English sense of humour (banter).
  • #14,319
  • Jun 5, 2007 2:10am Jun 5, 2007 2:10am
Can someone please explain the significance of 9930? Someone mentioned it earlier in the thread.

Holding back my long at the moment - very stubborn number....
  • #14,320
  • Jun 5, 2007 2:25am Jun 5, 2007 2:25am
Quoting goonergonebad
Can someone please explain the significance of 9930? Someone mentioned it earlier in the thread.

Holding back my long at the moment - very stubborn number....
Broken through now. Can it be sustained? 9956 initial target.
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