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Cable Update (GBPUSD)

  • #15,061
  • Jun 19, 2007 2:48am Jun 19, 2007 2:48am
I don't feel that cable will go much higher, I might be wrong, it reached 1.9857 and went back to the 1.984's, I'm long @ 1.9828, and I closed the idiotic short I made yesterday @ 1.9828 as well
  • #15,062
  • Jun 19, 2007 2:52am Jun 19, 2007 2:52am
The cable is moving slowly these days, but why this thread is also doing the same since it reached the 1000 pages
  • #15,063
  • Jun 19, 2007 3:50am Jun 19, 2007 3:50am
I have closed at b.e. +5 and now i am short
  • #15,064
  • Jun 19, 2007 3:51am Jun 19, 2007 3:51am
Me too I closed +10 pips, but I won't enter any trade till it is clear
  • #15,065
  • Jun 19, 2007 4:30am Jun 19, 2007 4:30am
Cable doesn't know where to go, it doesn't give any signal, no clear direction, I guess if I went long I will lose, and if I went short I will lose, and if I went hedging I will lose, and it is happy with the 31 pips it made today, what a major pair
  • #15,066
  • Jun 19, 2007 4:36am Jun 19, 2007 4:36am
Quoting pino2
Cable doesn't know where to go, it doesn't give any signal, no clear direction, I guess if I went long I will lose, and if I went short I will lose, and if I went hedging I will lose, and it is happy with the 31 pips it made today, what a major pair
Is better if you take break or go to sleep lol >
  • #15,067
  • Jun 19, 2007 4:40am Jun 19, 2007 4:40am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Have you guys noticed Cable will trade in tight range everytime before MPC Interest Rate Decision & Meeting Minutes??
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #15,068
  • Jun 19, 2007 4:42am Jun 19, 2007 4:42am
I guess everybody's making money on the carry tades.
For he that would be deceived, let him.
  • #15,069
  • Jun 19, 2007 4:58am Jun 19, 2007 4:58am
short closed at +1 pips LOL, i am long again and i will stay till end of next day with SL at 1.9800.
  • #15,070
  • Jun 19, 2007 5:27am Jun 19, 2007 5:27am
Quoting manu.aquetdju
short closed at +1 pips LOL, i am long again and i will stay till end of next day with SL at 1.9800.
2 longs 9848, Sl 9800, TP1 9880, TP2 trailing 50

Assuming 9823 was today's bottom
  • #15,071
  • Jun 19, 2007 5:30am Jun 19, 2007 5:30am
Quoting CWH
Have you guys noticed Cable will trade in tight range everytime before MPC Interest Rate Decision & Meeting Minutes??
This is normal, but cable in the last few weeks, either there is a big report or not it used to play in a very small range, this is abnormal for a major pair like cable, but it seems that cable is happy with this, and it became normal
  • #15,072
  • Jun 19, 2007 6:24am Jun 19, 2007 6:24am
Quoting cesarnc
2 longs 9848, Sl 9800, TP1 9880, TP2 trailing 50

Assuming 9823 was today's bottom
Closed 3/4, SL moved to B/E. Daily target pocketed.
  • #15,073
  • Jun 19, 2007 6:34am Jun 19, 2007 6:34am
Quoting cesarnc
Closed 3/4, SL moved to B/E. Daily target pocketed.
Congrats, and good luck
  • #15,074
  • Jun 19, 2007 6:39am Jun 19, 2007 6:39am
Quoting pino2
Congrats, and good luck
Just don't count on big ranges in cable anymore. 50 pips already plus a possible trendline from 2.0131/1.9963 that might cap cable now at 9900 area...

But it's worth the shot leaving a remaining lot for the ride.
  • #15,075
  • Jun 19, 2007 6:51am Jun 19, 2007 6:51am
short cable @ 9865 sl=9885.
BAM BAM BOOM! -bravado
  • #15,076
  • Jun 19, 2007 6:58am Jun 19, 2007 6:58am
Long Cable with a target price @ 1.9920
TRADE LIKE A MACHINE!
  • #15,077
  • Jun 19, 2007 6:59am Jun 19, 2007 6:59am
Quoting bravado
short cable @ 9865 sl=9885.
?
  • #15,078
  • Jun 19, 2007 7:03am Jun 19, 2007 7:03am
if it's bumping today into trendline, it's 1.9916.
Nihil Sine Deo.
  • #15,079
  • Jun 19, 2007 7:17am Jun 19, 2007 7:17am
Quoting pino2
?
Never mind. He does not follow the trend. The trend follows him
  • #15,080
  • Jun 19, 2007 7:17am Jun 19, 2007 7:17am
Quoting pino2
?
time to build shorts.
BAM BAM BOOM! -bravado
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