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Cable Update (GBPUSD)

  • #15,461
  • Jun 21, 2007 6:26pm Jun 21, 2007 6:26pm
Quoting Scrat
1.9676 is coming soon.
I'm exactly targeting this number, I wish we can see it soon
  • #15,462
  • Jun 21, 2007 6:35pm Jun 21, 2007 6:35pm
Quoting Pairtracker
Join the party. Short at 9914
Not stopped out yet.
Though the trade was entered early.
  • #15,463
  • Jun 21, 2007 6:36pm Jun 21, 2007 6:36pm
Cable better than wasting your time trying to climb to the 1.9950, try to make a U turn (easier for you) visting the 1.9676, which I mentioned it at the begining of this week
  • #15,464
  • Jun 21, 2007 7:35pm Jun 21, 2007 7:35pm
From TTN:

Quote
UP TO £100B MAY BE REPATRIATED TO THE UK, IF TAX REVISION FOR MULTI-NATIONAL COMPANIES ARE PASSED - KPMG CITED IN THE LONDON TIMES
- The tax change involves exempting companies with foreign operations in nations with low tax rates from a top-up charge on dividends brought back to the UK.<GBP/JPY EUR/GBP>
  • #15,465
  • Jun 21, 2007 7:59pm Jun 21, 2007 7:59pm
Tomorrow is a dead news day for the USD and the GBP.
I think your going to see another ho hum go nowhere day tomorrow guys.

I'll be back Monday, I think Friday is going to stink.

ttyl
“Past performance is not indicative of future results”
  • #15,466
  • Jun 21, 2007 8:09pm Jun 21, 2007 8:09pm
good early mornin guys, [gmt+2], well as I thought daylu closed as a dojy suppose for cable, so no idea right now. well we will see, got to wait a lil bit mor to make up some scenarious. anyway not much to thin ether up or down . Sorry already started to celebrate our country national barbecue like festival, probably not going to work today, just not capable
  • #15,467
  • Jun 21, 2007 9:18pm Jun 21, 2007 9:18pm
And what country is that?
  • #15,468
  • Jun 21, 2007 9:42pm Jun 21, 2007 9:42pm
R u in HongKong area ratman? I heard that Han Seng is closed today for a holiday...
  • #15,469
  • Jun 21, 2007 10:54pm Jun 21, 2007 10:54pm
1.9929 and look like its going to trend.. no definite sell signal yet though i know its coming..

maybe next week.. so i will hold my long
  • #15,470
  • Jun 21, 2007 11:14pm Jun 21, 2007 11:14pm
seems like no short for cable.

i am still short
  • #15,471
  • Jun 21, 2007 11:33pm Jun 21, 2007 11:33pm
And again.. cable denies all prediction.. sky rocketing without any news.. feels that she's welcomed now in the 50's..
  • #15,472
  • Jun 21, 2007 11:38pm Jun 21, 2007 11:38pm
What about Blair's resignation on 27 June? So I short now
Give me patience
  • #15,473
  • Jun 21, 2007 11:38pm Jun 21, 2007 11:38pm
It would be Latvia in the party/festival is named Ligo
  • #15,474
  • Jun 21, 2007 11:41pm Jun 21, 2007 11:41pm
Is she trying to make a move?????

Looks like 9950's is a breaking point. Let's see what London Open brings.
  • #15,475
  • Jun 21, 2007 11:55pm Jun 21, 2007 11:55pm
It's those Japanese housewives dragging cable up. I'm beginning to wonder whether I should buy into the hype now... Let alone the dollar.

Looks like GBJPY heading for its ninth consecutive bull day. We haven't seen this since the end of January where it had a sequence of 10 bull days followed by a major unwind.

Let's see what unfolds.
  • #15,476
  • Jun 22, 2007 12:12am Jun 22, 2007 12:12am
what the ()*&(*#$&#*$&???

Out of sudden jumped to 1.9961 from 1.9915? hit my SL and goes down.

_(*()@$*&#@)#*)()(*@#(*&(*#$)(*#$
  • #15,477
  • Jun 22, 2007 12:13am Jun 22, 2007 12:13am
Quoting goonergonebad
It's those Japanese housewives dragging cable up. I'm beginning to wonder whether I should buy into the hype now... Let alone the dollar.

Looks like GBJPY heading for its ninth consecutive bull day. We haven't seen this since the end of January where it had a sequence of 10 bull days followed by a major unwind.

Let's see what unfolds.
I'm looking at 248, and well, its near....
  • #15,478
  • Jun 22, 2007 12:24am Jun 22, 2007 12:24am
Quoting Bullfx
What about Blair's resignation on 27 June? So I short now
you mean this...June 27 - Tony Blair will resign, and Gordon Brown will take over, as Prime Minister of the United Kingdom.

It sure is THE event, but still dont know what will be the effect, u may be right and it is short term bearish, since its a little bit overbought?, but fundamentally it should be the other way arround, ....since Blair "was" a Man who will die for gb economy, and Gordon Brown looks like a man who will dye for GB currency...but i may be wrong. and gordon might send troops to Iran...lol
its just money
  • #15,479
  • Jun 22, 2007 12:28am Jun 22, 2007 12:28am
Quoting de123
you mean this...June 27 - Tony Blair will resign, and Gordon Brown will take over, as Prime Minister of the United Kingdom.

It sure is THE event, but still dont know what will be the effect, u may be right and it is short term bearish, since its a little bit overbought?, but fundamentally it should be the other way arround, ....since Blair "was" a Man who will die for gb economy, and Gordon Brown looks like a man who will dye for GB currency...but i may be wrong. and gordon might send troops to Iran...lol
hmm, good news.. Let short Cable... . Now I Q @1.9965... sure will get it when NY market open...
  • #15,480
  • Edited 12:57am Jun 22, 2007 12:44am | Edited 12:57am
Cable climed up to the 65 area but that was a fake climbing! for no reason!
Now, has to go back to the 22 zone then start thinking again, to go up or down.

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