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Cable Update (GBPUSD)

  • #17,221
  • Jul 5, 2007 6:19am Jul 5, 2007 6:19am
Quoting angiegiles00
Good call I think, as the IR increase had already been factored into price..this further price move is surely short term?

Guys, what do you think??
You may wan tto reread the post and replies.
  • #17,222
  • Jul 5, 2007 6:20am Jul 5, 2007 6:20am
what about the follow-up statement? anyone?
  • #17,223
  • Jul 5, 2007 6:20am Jul 5, 2007 6:20am
Quoting cesarnc
I advise you polite guys to gently say goodbye to Mr One-Hundred

Thank for your hospitality

Where's free444 now????? 9730 is a loooong way from here...
  • #17,224
  • Jul 5, 2007 6:23am Jul 5, 2007 6:23am
The headline of inflation risks in the medium term "lying to the upside" as...

The headline of inflation risks in the medium term "lying to the upside" as well as the latest quarter point interest rates hike has proved a small [GBP] positive after the announcement. Cable is about 30 points up or so and bulls could be eyeing further strength towards 2.02. Stops are next placed through 2.0208, the multi-year high, from 2.0210 and a break above could inspire a next barrier test at 2.0250. At this point, we do not see the Pound flying through 2.02 just yet. We suggest keeping an eye on the Eur/Gbp cross for a good gage of current Gbp sentiment given the Pound was largely on the back foot ahead of the verdict.
Patience + Humility + Study = Success
  • #17,225
  • Jul 5, 2007 6:23am Jul 5, 2007 6:23am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Which MAs are you using guys?

  • #17,226
  • Jul 5, 2007 6:23am Jul 5, 2007 6:23am
i guess its up to ECB if we are gonna make a lot of pips on cable today, in a couple of days or today and in a couple of days.
  • #17,227
  • Jul 5, 2007 6:24am Jul 5, 2007 6:24am
Quoting Turtle
Where's free444 now????? 9730 is a loooong way from here...
Vanished. Toldya, I put $5 like he would be gone before page 1200. Another one to the margin-called hijackers Hall of Fame
  • #17,228
  • Jul 5, 2007 6:26am Jul 5, 2007 6:26am
bye One-Hundred
Trade what you see, not what you think.
  • #17,229
  • Jul 5, 2007 6:27am Jul 5, 2007 6:27am
I'm curious whether the 2.0250 test comes pre/post US data
Patience + Humility + Study = Success
  • #17,230
  • Jul 5, 2007 6:28am Jul 5, 2007 6:28am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Quote
Where's free444 now????? 9730 is a loooong way from here

he would probably say this move is stop-haunting
  • #17,231
  • Jul 5, 2007 6:28am Jul 5, 2007 6:28am
Quoting zamans98
Currently Active Users Viewing This Thread: 187 (90 members and 97 guests)

I'll raise ya' ... Currently Active Users Viewing This Thread: 219 (86 members and 133 guests)
  • #17,232
  • Jul 5, 2007 6:29am Jul 5, 2007 6:29am
Quoting DutchTrader
I'm curious whether the 2.0250 test comes pre/post US data
id say post. . . but i wouldnt bet on it
  • #17,233
  • Jul 5, 2007 6:29am Jul 5, 2007 6:29am
Quoting angiegiles00
Good call I think, as the IR increase had already been factored into price..this further price move is surely short term?

Guys, what do you think??
think your right, jumped short early .0197 looking for 1.9980 ish
"Millionaires don't use astrology, billionaires do"
  • #17,234
  • Jul 5, 2007 6:31am Jul 5, 2007 6:31am
220 ppl turning 2.02 into 2.20 right?
its just money
  • #17,235
  • Jul 5, 2007 6:31am Jul 5, 2007 6:31am
SHort at 20200 for long term...
Give me patience
  • #17,236
  • Jul 5, 2007 6:32am Jul 5, 2007 6:32am
well I am thought lost, but happy, cause market gaved me an opportunity to cut losses short, so instead of loosing 100 pips i lost 35[including swap]. well must admit this was my hardest trade ever. sitting like 3 days in losses, plus rate announcment comming closer and closer...brrr.
  • #17,237
  • Jul 5, 2007 6:35am Jul 5, 2007 6:35am
cool 5.75 now what?
  • #17,238
  • Jul 5, 2007 6:35am Jul 5, 2007 6:35am
Quoting Bullfx
SHort at 20200 for long term...
So am I. Good luck
No Brain, no Gain.
  • #17,239
  • Jul 5, 2007 6:37am Jul 5, 2007 6:37am
Gearing up for another 2.0200 test me thinks.
Patience + Humility + Study = Success
  • #17,240
  • Jul 5, 2007 6:38am Jul 5, 2007 6:38am
Quoting OrionsWay
think your right, jumped short early .0197 looking for 1.9980 ish
Hi there - I am doing same trade, but looking at .9990/95 Was not going to trade today, but have thought long and hard and going for it..

Good Luck....
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