Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#14,761
Jun 12, 2007 11:40am Jun 12, 2007 11:40am

zam4ever
| Joined Jul 2006 | Status: Never Give Up! | 257 Posts

Quoting cesarnc

Disliked

If I know this pair, too much time above 121.50 not to crack 122 eventually. Questions remain: When? What happens before?

Ignored

Thank you for the advices. I feel that we will see the price is going to reach 122 and above again, then maybe it's good time to place sell positions.

So, let's focus to cable discussion again

cheers

#14,762
Jun 12, 2007 11:47am Jun 12, 2007 11:47am

bravado
| Joined Aug 2006 | Status: BORED trader | 2,388 Posts

Quoting zam4ever

Disliked

Thank you for the advices.

Ignored

anytime.

BAM BAM BOOM! -bravado

#14,763
Jun 12, 2007 11:54am Jun 12, 2007 11:54am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Quoting zam4ever

Disliked

Thank you for the advices.

cheers

Ignored

Quoting bravado

Disliked

anytime.

Ignored

Quoting bravado

Disliked

if i helped you any, i assure you it was purely by accident. -bravado

Ignored

#14,764
Jun 12, 2007 11:59am Jun 12, 2007 11:59am

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

Quoting cesarnc

Disliked

Ignored

#14,765
Jun 12, 2007 12:00pm Jun 12, 2007 12:00pm

bravado
| Joined Aug 2006 | Status: BORED trader | 2,388 Posts

Quoting cesarnc

Disliked

Ignored

please..

he was thanking me for my advices so i acknowledged it is all. jealous much?

BAM BAM BOOM! -bravado

#14,766
Jun 12, 2007 12:01pm Jun 12, 2007 12:01pm

bravado
| Joined Aug 2006 | Status: BORED trader | 2,388 Posts

Quoting pino2

Disliked

Ignored

please..

BAM BAM BOOM! -bravado

#14,767
Jun 12, 2007 12:05pm Jun 12, 2007 12:05pm

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Quoting bravado

Disliked

please..

he was thanking me for my advices so i acknowledged it is all. jealous much?

Ignored

There's no such thing as bravado's advices. There is bravado's gospel

#14,768
Jun 12, 2007 12:08pm Jun 12, 2007 12:08pm

VEC
| Joined May 2007 | Status: Trader | 216 Posts

yesterdays strong ppi may have helped reinforcing 97.

ps. im never newstrading again! atleast not until tomorrow

#14,769
Jun 12, 2007 12:13pm Jun 12, 2007 12:13pm

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

Average earnings out tomorrow for UK at 9.30 and Retail sales in US at 1.30pm probably the pick of the reports. With cable who knows how they will be interpreted.

#14,770
Jun 12, 2007 12:24pm Jun 12, 2007 12:24pm

bravado
| Joined Aug 2006 | Status: BORED trader | 2,388 Posts

too many smilies. too much joy on this thread..

losing..
strength.. must.. leave.. thread..

BAM BAM BOOM! -bravado

#14,771
Jun 12, 2007 12:37pm Jun 12, 2007 12:37pm

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Tempted to short GU, top of the channel in the daily... THoughts?

#14,772
Jun 12, 2007 12:39pm Jun 12, 2007 12:39pm

zamans98
| Joined Mar 2007 | Status: There is No Secret in Forex | 889 Posts

looks like someone is fixing the broken cable. Now 1.9760/4

#14,773
Jun 12, 2007 12:42pm Jun 12, 2007 12:42pm

Turtle
| Joined May 2007 | Status: Trader | 4,716 Posts

Went short @ 9760, let see what happens.

#14,774
Jun 12, 2007 12:43pm Jun 12, 2007 12:43pm

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

Cable jumped to 1.9763 which broke the high of the day 1.9753, this is not the issue, but the issue is that it broke it NOW, this is a little bit dead time, and there were no reports released, so I was surprised from this strange unexpected move

#14,775
Jun 12, 2007 12:44pm Jun 12, 2007 12:44pm

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

Another jump to 1.9777

#14,776
Jun 12, 2007 12:47pm Jun 12, 2007 12:47pm

zamans98
| Joined Mar 2007 | Status: There is No Secret in Forex | 889 Posts

my broker latest : 9778/79

#14,777
Jun 12, 2007 12:49pm Jun 12, 2007 12:49pm

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Tricky bastard...

False breakout up before, now breaking the channel again.... I'll go short at 9800 area if such. Otherwise, out...

Creepy SOB pair today.

Attached Image

#14,778
Jun 12, 2007 12:49pm Jun 12, 2007 12:49pm

zamans98
| Joined Mar 2007 | Status: There is No Secret in Forex | 889 Posts

How GBP/USD is not on the 1.98 handle on a day when EUR/GBP bites the dust is beyond us...Resistance now in the cross at .6770

High Queue in system is 1.9782 (my broker Level II trade)

#14,779
Jun 12, 2007 12:50pm Jun 12, 2007 12:50pm

tunera
| Commercial User | Joined Sep 2005 | 2,784 Posts

I'm short

#14,780
Jun 12, 2007 12:52pm Jun 12, 2007 12:52pm

fx1711
| Joined Apr 2007 | Status: Trader | 11 Posts

Quoting cesarnc

Disliked

Tricky bastard...

False breakout up before, now breaking the channel again.... I'll go short at 9800 area if such. Otherwise, out...

Creepy SOB pair today.

Ignored

cesar how would u confirm if its a false break out..i suppose u would use a tight SL? the way things are going (strong for cable) i wouldnt be surprised if it pass thru? thoughts?

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