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Cable Update (GBPUSD)

  • #15,841
  • Jun 26, 2007 9:10am Jun 26, 2007 9:10am
long 9992
  • #15,842
  • Jun 26, 2007 9:15am Jun 26, 2007 9:15am
Im short here, US news didnt have much of an impact even thought it was slightly bullish just by looking at the figures however this excellent post shows why we have seen a small drop.

http://www.forexfactory.com/showthread.php?t=35586

So when reading into the home numbers it would be slightly $ bullish

looking at carry trades they are not looking to great at present either
  • #15,843
  • Jun 26, 2007 9:17am Jun 26, 2007 9:17am
Quoting cesarnc
See? That's what you get sustaining that kind of attitude
trading is not a team sport.
BAM BAM BOOM! -bravado
  • #15,844
  • Jun 26, 2007 9:17am Jun 26, 2007 9:17am
...won't be long now {oh sorry, i'm short}
  • #15,845
  • Jun 26, 2007 9:18am Jun 26, 2007 9:18am
Quoting bravado
trading is not a team sport.
that would be a train wreck.
  • #15,846
  • Jun 26, 2007 9:18am Jun 26, 2007 9:18am
Cable bouncing !!

  • #15,847
  • Jun 26, 2007 9:18am Jun 26, 2007 9:18am
Quoting Sniper
that would be a train wreck.
agreed.
BAM BAM BOOM! -bravado
  • #15,848
  • Jun 26, 2007 9:19am Jun 26, 2007 9:19am
right. good article

Quoting el_duende
Im short here, US news didnt have much of an impact even thought it was slightly bullish just by looking at the figures however this excellent post shows why we have seen a small drop.

http://www.forexfactory.com/showthread.php?t=35586

So when reading into the home numbers it would be slightly $ bullish
  • #15,849
  • Jun 26, 2007 9:21am Jun 26, 2007 9:21am
Ussually i don't think like you about trading life... but i agree now.

Quoting bravado
trading is not a team sport.
  • #15,850
  • Jun 26, 2007 9:22am Jun 26, 2007 9:22am
good read that - I cannot see the pound denting the dollar
  • #15,851
  • Jun 26, 2007 9:23am Jun 26, 2007 9:23am
Quoting el_duende
Im short here, US news didnt have much of an impact even thought it was slightly bullish just by looking at the figures however this excellent post shows why we have seen a small drop.

http://www.forexfactory.com/showthread.php?t=35586

So when reading into the home numbers it would be slightly $ bullish

Is that means cable will go just around here? (btw 2.0015-1.9965 for this day)
  • #15,852
  • Jun 26, 2007 9:26am Jun 26, 2007 9:26am
Im trying to figure out what happend with the GBP/USD this am.
I entered long GBP/USD and after the housing info came out everything went south. I thought if the US information was neg. the GBP/USD would go up?????
Will you help me understand what the heck is going on here?????
Thank you for your time!!!

I know, it shows!
Anne Marie
  • #15,853
  • Jun 26, 2007 9:26am Jun 26, 2007 9:26am
Quoting pablorpl
..i don't think like you..
well said.
the essence of "not a team sport" discipline.
BAM BAM BOOM! -bravado
  • #15,854
  • Jun 26, 2007 9:29am Jun 26, 2007 9:29am
I am long Cable long
TRADE LIKE A MACHINE!
  • #15,855
  • Jun 26, 2007 9:32am Jun 26, 2007 9:32am
Quoting AnneMarie
Im trying to figure out what happend with the GBP/USD this am.
I entered long GBP/USD and after the housing info came out everything went south. I thought if the US information was neg. the GBP/USD would go up?????
Will you help me understand what the heck is going on here?????
Thank you for your time!!!

I know, it shows!
Anne Marie
if you spend your time figuring out what the market thought (with hindsight) or what it intends to think, then you are wasting your energies. do not take your cue from what you think should happen. i still think the Dow should be savaged with a forty per cent (yes, 40!) correction. it hasn't happened yet and many will say it never will. just my opinion. but it's your money and your call
  • #15,856
  • Jun 26, 2007 9:35am Jun 26, 2007 9:35am
why gbp usd sell now ?????? WHY ?
byebye costly moments.
  • #15,857
  • Jun 26, 2007 9:35am Jun 26, 2007 9:35am
UGGGG Thank you for your reply.




Quoting free4440273
if you spend your time figuring out what the market thought (with hindsight) or what it intends to think, then you are wasting your energies. do not take your cue from what you think should happen. i still think the Dow should be savaged with a forty per cent (yes, 40!) correction. it hasn't happened yet and many will say it never will. just my opinion. but it's your money and your call
  • #15,858
  • Jun 26, 2007 9:35am Jun 26, 2007 9:35am
I believe very simply that there is little volume out there at this time.
Everyone is on vacation. I believe that the summer months are much
slower and a good time for us to take a break......
just trying to make a little on a lot.....
  • #15,859
  • Jun 26, 2007 9:41am Jun 26, 2007 9:41am
Quoting AnneMarie
Im trying to figure out what happend with the GBP/USD this am.
forget the result of the news, the only interest news events have for me is that they usually move prices faster

for knowing what the hell is happening just focus on the charts, only they tell the truth
  • #15,860
  • Jun 26, 2007 9:41am Jun 26, 2007 9:41am
...the only 'break' i'm looking forward to is .9730-50
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