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Cable Update (GBPUSD)

  • #16,161
  • Jun 28, 2007 8:33am Jun 28, 2007 8:33am
Quoting Plutonite
I'm not looking for anything, I just know a breathless bull when I see one. When psycho resistances and tight ranges are broken, especially on EURUSD and GBPUSD, you get a break out/rally. Do you see a rally on your charts?

good luck.
I see a break of 2.0000, then a break of 2.0015 (previous toppish) then a re-test of 2.0000, failure, and now Cable hanging just above R2 (2.0022).

This brings R3 0049 into play.

Of course FED can mess my view, but I'm trading FED's B.S. at the appropriate time

Quote
HI CESARNC
Let's assume that the Fed will keep interest rate unchanged and about inflation they will say; "they will watch it carefully" in this case, what do you expect the price will be?

As I said previously, I do not assume anything in what regards to FED. First, it's damn hard to understand what they TRY to say, second you never know in anticipation how the market will react one way or the other.
  • #16,162
  • Jun 28, 2007 8:36am Jun 28, 2007 8:36am
I am long Cable
TRADE LIKE A MACHINE!
  • #16,163
  • Jun 28, 2007 8:37am Jun 28, 2007 8:37am
Quoting free4440273
morning/afternoon/evening! had chores to fulfill earlier. still short from Friday and waiting for the drop - to .9730-50.
I've seen you married the 97.

Promisse me you gonna post a monster "TOLDYA SO!!!" when the day comes?
  • #16,164
  • Jun 28, 2007 8:39am Jun 28, 2007 8:39am
Quoting cesarnc
I've seen you married the 97.

Promisse me you gonna post a monster "TOLDYA SO!!!" when the day comes?
...i can assure, I'm not that kind of person, not the ostentatious type. i could be totally wrong here. I'll take it on the chin. hope it goes well for you also sir
  • #16,165
  • Jun 28, 2007 8:42am Jun 28, 2007 8:42am
i'll post that...

I'm short too... and added short @2.0032

Quoting cesarnc
I've seen you married the 97.

Promisse me you gonna post a monster "TOLDYA SO!!!" when the day comes?
  • #16,166
  • Jun 28, 2007 8:44am Jun 28, 2007 8:44am
Quoting free4440273
...i can assure, I'm not that kind of person, not the ostentatious type. i could be totally wrong here. I'll take it on the chin. hope it goes well for you also sir
Just messing with you.... I'm not looking at medium term actually. So I probably do not see what you see.
  • #16,167
  • Jun 28, 2007 8:44am Jun 28, 2007 8:44am
I trade fundamentals....

I don't see BoE Hike next month and i see some recovering of US housing.
  • #16,168
  • Jun 28, 2007 8:46am Jun 28, 2007 8:46am
Quoting pablorpl
I trade fundamentals....

I don't see BoE Hike next month and i see some recovering of US housing.
Me too. Question NOW is how low the dollar is going before that. On the long run, 300-500 pips are nothing. For our poor daily struggles is life or death
  • #16,169
  • Jun 28, 2007 8:47am Jun 28, 2007 8:47am
Quoting ago
helo guys, is this correct? core pce revised up to 2.4% from 2.2%? do u think fed will be vigilant on inflation?

that's right
  • #16,170
  • Jun 28, 2007 8:48am Jun 28, 2007 8:48am
Quoting cesarnc
Just messing with you.... I'm not looking at medium term actually. So I probably do not see what you see.
...not a problem sir. love the banter on this forum; so nice to see everyone has a good sense of humor. we need it, doing what we do!
  • #16,171
  • Jun 28, 2007 8:49am Jun 28, 2007 8:49am
that's right

Quoting cesarnc
Me too. Question NOW is how low the dollar is going before that. On the long run, 300-500 pips are nothing. For our poor daily struggles is life or death
  • #16,172
  • Jun 28, 2007 8:51am Jun 28, 2007 8:51am
where are bravado's posts???

are you out bravado?
  • #16,173
  • Jun 28, 2007 8:51am Jun 28, 2007 8:51am
cable will go where ever i want it to go.

i don't follow the trend. the trend follows me.
pips after pips. profits after profits.
BAM BAM BOOM! -bravado
  • #16,174
  • Jun 28, 2007 8:53am Jun 28, 2007 8:53am
Quoting bravado
cable will go where ever i want it to go.
ok that sounded pretty retarded.
BAM BAM BOOM! -bravado
  • #16,175
  • Jun 28, 2007 8:54am Jun 28, 2007 8:54am
Quoting pablorpl
where are bravado's posts???

are you out bravado?
will just be watching most of the day pablorpl and enjoy the nasty weather.
BAM BAM BOOM! -bravado
  • #16,176
  • Jun 28, 2007 8:54am Jun 28, 2007 8:54am
Quoting bravado
cable will go where ever i want it to go.

i don't follow the trend. the trend follows me.
pips after pips. profits after profits.

nice, very nice LOFL
  • #16,177
  • Jun 28, 2007 9:33am Jun 28, 2007 9:33am
10:28 Markets are mostly treading water, with stocks, bonds, and dollar all little changed since NY open.

http://www.stormchaser.ca/2005/05_24/05_24_Storm_2.JPG
  • #16,178
  • Jun 28, 2007 9:39am Jun 28, 2007 9:39am
Quoting cesarnc
10:28 Markets are mostly treading water, with stocks, bonds, and dollar all little changed since NY open.

http://www.stormchaser.ca/2005/05_24/05_24_Storm_2.JPG
Hahah you beat me to the google images.

Quite before the storm.
  • #16,179
  • Edited 10:23am Jun 28, 2007 10:00am | Edited 10:23am
Me SHORT too. If US rate unchanged then GU shall drop down to 19900
Give me patience
  • #16,180
  • Jun 28, 2007 10:11am Jun 28, 2007 10:11am
really????? and if the US hikes rates then what.???????.........1.7000? Why do you think th GU will go down??http://www.forexfactory.com/images/icons/icon5.gif


mm2
He who hesitates is hesitant....which always leads to bad entries.
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