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Cable Update (GBPUSD)

  • #17,441
  • Jul 5, 2007 1:57pm Jul 5, 2007 1:57pm
There is also the triple top
  • #17,442
  • Jul 5, 2007 1:59pm Jul 5, 2007 1:59pm
Quoting venci
Try use JMA or NonlagMa
NonlagMA. Yeah, its called price.
  • #17,443
  • Jul 5, 2007 2:00pm Jul 5, 2007 2:00pm
How come NFP will doom the USD? you have any info other about its employment status?

Quoting manu.aquetdju
NFP will be doom for USD so I went long.
  • #17,444
  • Jul 5, 2007 2:08pm Jul 5, 2007 2:08pm
Quoting newjersey24
How come NFP will doom the USD? you have any info other about its employment status?
Long time no see a 100 pips NFP. I would not count on that one.
  • #17,445
  • Jul 5, 2007 2:19pm Jul 5, 2007 2:19pm
Hey Cesarnc,

I have been around most definately. I just haven't posted much.

I'm between the G/J and the G/U forums most of the time and been working a lot at my full-time job.

But overall last month did very well with the account. i'm just trying to fine tune on the technical side of things. So far most trades I do is fundamental and letting it ride its course.
  • #17,446
  • Jul 5, 2007 2:22pm Jul 5, 2007 2:22pm
NFP hasnt been pushing as much lately?


But it has to push out at leat 100 pips either way.


I in one hand will wait for it to come out and then scalp it.

I have no idea if its going to be positive or negative.
  • #17,447
  • Jul 5, 2007 2:32pm Jul 5, 2007 2:32pm
Quoting manu.aquetdju
http://nyy.ny.funpic.de/images/avatars/avatar-210.gif

watch out, cable drooooops
Forget about rate statement. Forget about 10 yr Yield, Dow Jones, Trichet, WHATEVER.

This one was THE POST OF THE WEEK !!!!

  • #17,448
  • Jul 5, 2007 2:41pm Jul 5, 2007 2:41pm
I closed the 2.0189 short position @ 2.0116 (1 lot) +69 pips, and the other lot is still running, I changed SL from BE to 2.0150
  • #17,449
  • Jul 5, 2007 2:49pm Jul 5, 2007 2:49pm
Quoting cesarnc
Forget about rate statement. Forget about 10 yr Yield, Dow Jones, Trichet, WHATEVER.

This one was THE POST OF THE WEEK !!!!

Specially this post was the reason for me not to close my short trade when it reached 2.0088, coz I was busy watching it the time the cable reached 2.0088, so I missed the chance to close my short trade below 2.0100 coz of it , but it worth
  • #17,450
  • Jul 5, 2007 3:05pm Jul 5, 2007 3:05pm
I think cable will rise from here.
  • #17,451
  • Jul 5, 2007 3:13pm Jul 5, 2007 3:13pm
Quoting Orient_mist
I think cable will rise from here.
Hi Orient Mist

Welcome to this forum thread.....I notice you are new to FF..are you new to Forex too? Great place here at FF, I am still new to Forex, and am learning a great deal from some of the posters here....

Angie
  • #17,452
  • Jul 5, 2007 3:30pm Jul 5, 2007 3:30pm
Quoting angiegiles00
Hi Orient Mist

Welcome to this forum thread.....I notice you are new to FF..are you new to Forex too? Great place here at FF, I am still new to Forex, and am learning a great deal from some of the posters here....

Angie
Ya me too! I have been reading this thread for like a month now.. finally decided to register.. i am doing demo.. but i have traded in stocks and commodities before..
  • #17,453
  • Jul 5, 2007 4:53pm Jul 5, 2007 4:53pm
Quoting Orient_mist
I think cable will rise from here.

Is it because of your smile that cable will rise from here? Or is there some further basis for you to say that???
  • #17,454
  • Jul 5, 2007 5:32pm Jul 5, 2007 5:32pm
US ISM is 60.7 better than forecast 59.7. USD is stronger now. Today GU continue to be down sharply more 100 p.
Give me patience
  • #17,455
  • Jul 5, 2007 5:35pm Jul 5, 2007 5:35pm
A test of the lo without follow through selling maybe not so good for shorts. .0088 area important piece of realestate on the charts me thinks
"Millionaires don't use astrology, billionaires do"
  • #17,456
  • Jul 5, 2007 5:42pm Jul 5, 2007 5:42pm
They are trying to build a support out of the "April 18" resistance area. Cable is hovering this handle now.

Will they succeed ????

I don't think so....but....the market is always right, not me.

I think it should go up to the 2.0268ish before a correction to the 1.96 area.

If I'm wrong...well...I'm wrong!!!!!
For he that would be deceived, let him.
  • #17,457
  • Jul 5, 2007 6:27pm Jul 5, 2007 6:27pm
Quoting pinchapip
They are trying to build a support out of the "April 18" resistance area. Cable is hovering this handle now.

Will they succeed ????

I don't think so....but....the market is always right, not me.

I think it should go up to the 2.0268ish before a correction to the 1.96 area.

If I'm wrong...well...I'm wrong!!!!!
i think GU would take some breath first before it goes up like u said.
  • #17,458
  • Jul 5, 2007 6:32pm Jul 5, 2007 6:32pm
anybody heard or hear from moneymaster he was apart of this thread big time in the begining.
If I Go Broke Trying Then I Will die happy.
  • #17,459
  • Jul 5, 2007 8:07pm Jul 5, 2007 8:07pm
Quoting cesarnc
Long time no see a 100 pips NFP. I would not count on that one.

I recalled last month, it was a joke. Minutes after release, EU down 45 pips then climb back 75 pips when market closed, even with "strong" US data.

I'm start to believe that NFP shall be tagged as MEDIUM market impact, rather that HIGH!
  • #17,460
  • Jul 5, 2007 8:19pm Jul 5, 2007 8:19pm
Quoting emptmata
After many loss in Short.....just now Long at 2.0157 try to TP
at 2.0330 Tomorow . hope big gain this time
Just manage to close half of the Trades during interest rate news.cover previoust lost.Stoll holding long.I strongly bealive GBP will beat all this week high.today news hopefully favourig BGP for uptend to continue.

maybe i have to wait more longer time-to make profit.(now I'm break even)
###Another hope.....this bull will end around 2.0440####
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