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Cable Update (GBPUSD)

  • #15,021
  • Jun 16, 2007 10:01am Jun 16, 2007 10:01am
4h chart.
Attached Image
  • #15,022
  • Jun 16, 2007 10:29am Jun 16, 2007 10:29am
Quoting Turtle
I see what you mean, I just checked out the news events for next week.

Will do some studying this weekend and then learn something new next week.
News coming CAD positive you can go for 50+ pips no problem... Now, CAD negative is nasty business since you may find big sellers off the highs. Go for smaller and quicker pips only.
  • #15,023
  • Jun 16, 2007 11:24am Jun 16, 2007 11:24am
Quoting cesarnc
News coming CAD positive you can go for 50+ pips no problem... Now, CAD negative is nasty business since you may find big sellers off the highs. Go for smaller and quicker pips only.
I see what you mean, especially since it's price drop so much from March.

I will keep on taking notes this weekend. Thanks for the tip.
  • #15,024
  • Jun 16, 2007 3:16pm Jun 16, 2007 3:16pm
Quoting Turtle
I see what you mean, especially since it's price drop so much from March.

I will keep on taking notes this weekend. Thanks for the tip.
This is not a "tip", buddy. I charge 50pips + 10% service tax for those hot calls.
  • #15,025
  • Jun 16, 2007 5:07pm Jun 16, 2007 5:07pm
Quoting cesarnc
This is not a "tip", buddy. I charge 50pips + 10% service tax for those hot calls.
So how would you like your payment sent????
  • #15,026
  • Jun 17, 2007 6:05pm Jun 17, 2007 6:05pm
Quoting cesarnc
This is not a "tip", buddy. I charge 50pips + 10% service tax for those hot calls.
Geez, gets to post first on the 1000th page and he gets all corporate on us.

  • #15,027
  • Jun 17, 2007 6:57pm Jun 17, 2007 6:57pm
Quoting SunTrader
Geez, gets to post first on the 1000th page and he gets all corporate on us.

  • #15,028
  • Jun 17, 2007 7:40pm Jun 17, 2007 7:40pm
The statistical probabilities for the daily fibs are based on 118 trading days for 2007. If the currency came with in 7 pips of the fib level it was considered a retracement level reached. As you can see it had on Friday retraced to this level and bounced.
Attached Image
  • #15,029
  • Jun 18, 2007 1:44am Jun 18, 2007 1:44am
any estimates to how high wil it climb today?'
1.9792 currently
  • #15,030
  • Jun 18, 2007 1:54am Jun 18, 2007 1:54am
I see 9850 good target

Quoting Tatton
any estimates to how high wil it climb today?'
1.9792 currently
  • #15,031
  • Jun 18, 2007 2:09am Jun 18, 2007 2:09am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting Tatton
any estimates to how high wil it climb today?'
1.9792 currently
Could reach as high as 1.9899 the most before extending the gains to the next day..

What do you think?..
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #15,032
  • Jun 18, 2007 3:25am Jun 18, 2007 3:25am
Reported that Cable action due to M and A news. Qatar's Delta Find 2 increasing their stake in Sainsburys.

9877 Fib 20132 / 9621 50.0
9873 SBR

9863 Jun 7 Ret Hi

9843 Sess Hi
9842 SBR
9835 Fib 9968 / 9621 61.8



9816 Ret Spike Lo

9778 RBS Med
9771 Fib 9655 / 9843 38.2

9749 Fib 9655 / 9843 50.0
9738 Jun 15 Ret Lo

9727 Fib 9655 / 9843 61.8
9725 Jun 15 Ret Lo

9708 RBS Med
9701 Jun 15 Ret Lo

9688 Jun 15 Lo
  • #15,033
  • Jun 18, 2007 8:41am Jun 18, 2007 8:41am
why so quiet guys???


anyone shorting the cable at this time?
  • #15,034
  • Jun 18, 2007 8:43am Jun 18, 2007 8:43am
Quoting Tatton
why so quiet guys???


anyone shorting the cable at this time?
Cable looks out of the downwards channel right now... I'm long from 9808. Still undecided on what to do next, actually.

Daily range is 84 pips already. Recent history repeats, looks like it could not go much further
  • #15,035
  • Jun 18, 2007 8:44am Jun 18, 2007 8:44am
Quoting Tatton
why so quiet guys???


anyone shorting the cable at this time?
It`s bullis but not moving....
  • #15,036
  • Jun 18, 2007 8:48am Jun 18, 2007 8:48am
Went short Gbp/USD @ 1.9811 with TP @ 1.9780.... we shall see
  • #15,037
  • Jun 18, 2007 9:06am Jun 18, 2007 9:06am
As I mentioned that we will see 1.9822 so I was long @ 1.9758 (running), and another long @ 1.9806 (running) and added another long @ 1.9830 (closed this one for 1 pip) and I still have a buy order @ 1.9850 which is not executed yet All with SL @ 1.9790,I'm thinking to close all orders and re-position
  • #15,038
  • Jun 18, 2007 9:07am Jun 18, 2007 9:07am
wouldn't trade cable. no no no.

but if you desperately need to. i fav long.
BAM BAM BOOM! -bravado
  • #15,039
  • Jun 18, 2007 9:08am Jun 18, 2007 9:08am
Quoting cesarnc
This is not a "tip", buddy. I charge 50pips + 10% service tax for those hot calls.
well well well. look what the cat dragged in. master cesarnc himself.
BAM BAM BOOM! -bravado
  • #15,040
  • Jun 18, 2007 9:11am Jun 18, 2007 9:11am
Quoting bravado
well well well. look what the cat dragged in. master cesarnc himself.
enough is enough. 1000 pages with people getting millionaire at MY EXPENSES, that's enough.

From now on, I WANT MY CUT!!!

P.S. Emoticons bravado loves:

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