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Cable Update (GBPUSD)

  • #14,841
  • Jun 13, 2007 1:43am Jun 13, 2007 1:43am
Hey guys!!! Lets trade it too !!!!!
For he that would be deceived, let him.
  • #14,842
  • Jun 13, 2007 1:46am Jun 13, 2007 1:46am
Quoting pinchapip
Hey guys!!! Lets trade it too !!!!!


Take out all the useless posts (like this one) and there would only be 100 pages or so..
  • #14,843
  • Jun 13, 2007 1:48am Jun 13, 2007 1:48am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
What makes this thread so popular?
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #14,844
  • Jun 13, 2007 1:51am Jun 13, 2007 1:51am
Quoting dimmi
Take out all the useless posts (like this one) and there would only be 100 pages or so..
99 without mine 98 without yours !!!
For he that would be deceived, let him.
  • #14,845
  • Jun 13, 2007 3:35am Jun 13, 2007 3:35am
bad news for cable, now broken major support of 1.9700. Will be be seeing 1.9625 today?
  • #14,846
  • Jun 13, 2007 3:37am Jun 13, 2007 3:37am
i Wanna see 1.9590
  • #14,847
  • Jun 13, 2007 3:38am Jun 13, 2007 3:38am
I am short from 9690 and still holding yesterday's short from 9719.
  • #14,848
  • Jun 13, 2007 3:38am Jun 13, 2007 3:38am
How to trade?? Futures? Like page 1k on 10am GMT = $xx? 11am GMT = $yy??
Or since 1 page = 10 post, who will be sending the 10k post??? (bookie mindset = on, everything can be put on bet )

Btw. jobless claim higher than forecast.. is this means that no rate hike next month?? So cable = bearish?
  • #14,849
  • Jun 13, 2007 3:43am Jun 13, 2007 3:43am
Suprisingly cable swinging nicely on BB TF H4 throughout news.
  • #14,850
  • Jun 13, 2007 4:38am Jun 13, 2007 4:38am
Quoting henrycarol
i Wanna see 1.9590
thats what i was missing....
its just money
  • #14,851
  • Jun 13, 2007 4:43am Jun 13, 2007 4:43am
fellows

Quoting CWH
What makes this thread so popular?
  • #14,852
  • Jun 13, 2007 6:58am Jun 13, 2007 6:58am
Good Day

is there anybody out there
  • #14,853
  • Jun 13, 2007 7:09am Jun 13, 2007 7:09am
Quoting deboooo2005
Good Day

is there anybody out there
Hola, yep I'm here. Just watching and waiting, missed the last two short term moves so I have a bit before I can get a good entry signal.
  • #14,854
  • Jun 13, 2007 7:16am Jun 13, 2007 7:16am
Yesterday, some of us were fucked by those yankees!thrick was just the swing trade, the one i enjoyed most before!!!! I think the arrogance really caught me... Quote:" trade with what u see, not what u think" if u r thinking, then don't do day trade stuff.

in near term til July 4-8, The cable is still heading down, T= 19428? may 428 is bit too much, but is heading down.....

I am just gonna observing til next week

feel like a shit!
  • #14,855
  • Jun 13, 2007 7:47am Jun 13, 2007 7:47am
Looks like a stop collection move up in GBP over 9700 and in EUR over 3300 against the fundamentals. If so, it should drop like a rock.
  • #14,856
  • Jun 13, 2007 7:48am Jun 13, 2007 7:48am
Quoting x3m
Looks like a stop collection move up in GBP over 9700 and in EUR over 3300 against the fundamentals. If so, it should drop like a rock.
Exactly
Patience + Humility + Study = Success
  • #14,857
  • Jun 13, 2007 7:53am Jun 13, 2007 7:53am
US reports came better than expected so prices went down accordingly and reached 1.9678, untill now everything isnormal, but WHYYYY it jumped to 1.9706, this report when comes better than expected it brings like 40+ pips in the 1st hour after the report is released, but prices where at 1.9700 the time the report was released, and it felt to 1.9678, so only 22 pips out of 40+, in addition it jumped after that to 1.9706, and then it felt now to 1.9685 again, usually pivoting the pair comes in the following hour of the report, not in the same hour, there is something I can't understand
  • #14,858
  • Jun 13, 2007 7:54am Jun 13, 2007 7:54am
Henrycarol - please sell some more and get this market moving !!!
  • #14,859
  • Jun 13, 2007 7:59am Jun 13, 2007 7:59am
Fed Speak in Singapore by Geithner moved the GBP and EUR.
Patience + Humility + Study = Success
  • #14,860
  • Jun 13, 2007 8:00am Jun 13, 2007 8:00am
Quoting pino2
US reports came better than expected so prices went down accordingly and reached 1.9678, untill now everything isnormal, but WHYYYY it jumped to 1.9706, this report when comes better than expected it brings like 40+ pips in the 1st hour after the report is released, but prices where at 1.9700 the time the report was released, and it felt to 1.9678, so only 22 pips out of 40+, in addition it jumped after that to 1.9706, and then it felt now to 1.9685 again, usually pivoting the pair comes in the following hour of the report, not in the same hour, there is something I can't understand
Maybe this can clear a bit,
The May retail sales numbers are quite solid, but not as stellar as the headlines suggest, with retail sales ex-autos, gasoline and building materials up 0.8%. The problem for the dollar though is that we are testing key resistance levels at 122.50 in USD/JPY and (support) 1.3264 in EUR/USD (the high from Feb 27-which was the last major carry-trade shake-out). Below there is the psychological level of 1.3245/50, which has been expected to be the first level to attract sovereign buying interest. This technical picture is further confounded by a bullish short-term divergence in EUR/USD on the move lower, and this raises the risk of a short squeeze in EUR/USD if over hourly trendline resistance at 1.3300/05
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