Cable Update (GBPUSD) | Page 894 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #17,861
  • Jul 9, 2007 4:15am Jul 9, 2007 4:15am
traga,
i think many here do not trade intraday news data but usually use it as an indication of price movements...nope im not saying these are fundamentals.
  • #17,862
  • Jul 9, 2007 4:16am Jul 9, 2007 4:16am
All this speculation of the reasons for GBP/USD appreciation despite recent "bad" data is pointless. There is one and only one reason for GU's ascendancy, and it is really very simple -- as long as there is the perception that the Brits will raise interest rates and the Yanks will do nothing, GBP/USD will appreciate. Simple as that.

In the meanwhile, the dollar index sits at a crucial level...
Attached Image (click to enlarge)
Click to Enlarge Name: Pic_02.jpg Size: 42 KB
  • #17,863
  • Jul 9, 2007 4:16am Jul 9, 2007 4:16am
stop focusing on price and switch to psychology of the market everything will become clear
"Millionaires don't use astrology, billionaires do"
  • #17,864
  • Jul 9, 2007 4:17am Jul 9, 2007 4:17am
Quoting 4x_Trader
I think this is enough for you guys to decide where the market headed just follow the trend I learned this lesson the hard way!
How long do you follow the trend for?????
I mean where does the trend start and end your mind?
  • #17,865
  • Edited 4:38am Jul 9, 2007 4:18am | Edited 4:38am
Quoting henrycarol
The right way for cable for now is the down side???

Who are you to determine that??

Are you GOD?

Are you at least SOROS?

Nope......then you can't possibly say which way is right or wrong.

Btw......GBP interest is NOT the highest in the world...blah.
No I am not a God, but I am reading the market's signs
I said the morgage payer are paying the highest.... I did not say that the interest rate is the highest
May be, you are a cable long and getting mad because what I am saying.
Take it as an advise not more
good luck to you
  • #17,866
  • Jul 9, 2007 4:19am Jul 9, 2007 4:19am
Quoting Turhovach
All this speculation of the reasons for GBP/USD appreciation despite recent "bad" data is pointless. There is one and only one reason for GU's ascendancy, and it is really very simple -- as long as there is the perception that the Brits will raise interest rates and the Yanks will do nothing, GBP/USD will appreciate. Simple as that.

In the meanwhile, the dollar index sits at a crucial level...
I think it will go down further.......USD is about to crash.....big time again.

Remember how g/u went up like 700pips non-stop?

Hehe
  • #17,867
  • Jul 9, 2007 4:20am Jul 9, 2007 4:20am
Quoting ndvt241
No I am not a God, but I am reading the market signs
I said the morgage payer are paying the highest.... I did not said that the interest rate is the highest
May be, you are a cable long and getting mad because what I am saying.
Take it as an advise not more
good luck to you
Cheers.......not mad at anyone

Just sharing.........remember it is caring
  • #17,868
  • Jul 9, 2007 4:23am Jul 9, 2007 4:23am
It is very funny how these guys at http://news.efxnow.com/EN/Commentary/index.html

highlights the GBP news....

04:37June UK PPI Output Core (sa) YoY released +2.1% (consensus: +2.4%) - - - WEAKER 04:36June UK PPI Output Core (sa) MoM released +0.2% (consensus: +0.3%) - - - WEAKER 04:36June UK PPI Output (nsa) YoY released +2.4% (consensus: +2.6%) - - - WEAKER 04:35The European bourses are in the green across the board. 04:34June UK PPI Output (nsa) MoM released +0.2% (consensus: +0.3%) - - - WEAKER

I kinda think they want us to lose money...........stupid commentator.
  • #17,869
  • Jul 9, 2007 4:23am Jul 9, 2007 4:23am
Quoting henrycarol
bro why you shorting gbp/jpy???

u/j going down but g/j still up and holding........
It was last week, and when NFP release, it was a boost for US$ but the marked fucx up and GU regain it strength.. Now nothing is for sure. To get 15 pips is very hard, it seems.
  • #17,870
  • Jul 9, 2007 4:29am Jul 9, 2007 4:29am
Quoting henrycarol
I think it will go down further.......USD is about to crash.....big time again.

Remember how g/u went up like 700pips non-stop?

Hehe
I thought last time when g/u went up 700 pips.. u were famous for shorting cable every 100 pips.. at least thats the rumor i heard.. sorry if im wrong..
  • #17,871
  • Jul 9, 2007 4:30am Jul 9, 2007 4:30am
Quoting dd33
I thought last time when g/u went up 700 pips.. u were famous for shorting cable every 100 pips.. at least thats the rumor i heard.. sorry if im wrong..
I remembered I shorted at 1.9700s and it went to 1.9300s...thats all...

The rest is just a myth
  • #17,872
  • Jul 9, 2007 4:34am Jul 9, 2007 4:34am
YEN UP, GU UP. GJ UP, EJ UP, KIWI UP, AUD Up...

Dollar is DEAD?
  • #17,873
  • Edited 8:14am Jul 9, 2007 4:35am | Edited 8:14am
Quoting zamans98
Not true, cable is good for Carry Trade, coz the interest rate is catching up with AUD.
Same to speak of KIWI. Small country, my home country 1 Quarter GDP can beat NZ 1.5 years GDP but see how carry trade "carry" the currency up?
Wait and you will see
US will not let her dollar go out to UK, NZ, AUSSI so easy.
They may raise their interest rate and sooner than expected. The reacent US' Datas was not bad at all. We may see the cable start falling down with this coming New York's Session if not right now!
  • #17,874
  • Jul 9, 2007 4:40am Jul 9, 2007 4:40am
Quoting ndvt241
Wait and you will see
US will not let her dollar go out to UK, NZ, AUSSI so easy.
They may raise their interest rate and sooner than expected. The reacent US' Datas was not bad at all. We may see the cable start falling down with this coming NY Sassion if not right now!
Just be careful brother..
Better not start to predict the future.. it will lead you to jump start ur gun..
  • #17,875
  • Jul 9, 2007 4:44am Jul 9, 2007 4:44am
Quoting jest1081
it sure sounds to me something is brewing...but i still dun understand why. I might also intepret it in someways that the big boys are luring us into a bull trap? Price not responding to relevant data suggests manipulation.
I totally Agree, BIG BOYS are luring us, so do not be trapped in bull. Nothing support GU at the moment. Let's short now. It will down in NY session.
Give me patience
  • #17,876
  • Jul 9, 2007 4:45am Jul 9, 2007 4:45am
So what do we have here? A little bet on the long side coming up for the clownbuck???
Attached Image (click to enlarge)
Click to Enlarge Name: Pic_03.jpg Size: 64 KB
  • #17,877
  • Jul 9, 2007 4:52am Jul 9, 2007 4:52am
Quoting dd33
Just be careful brother..
Better not start to predict the future.. it will lead you to jump start ur gun..
Haha.......how's the transformers movie??

I already watched it twice.
  • #17,878
  • Jul 9, 2007 4:56am Jul 9, 2007 4:56am
Quoting henrycarol
Haha.......how's the transformers movie??

I already watched it twice.
Great movie.. awesome robots, hot cars, sexy girl, great actions, lil bit of comedy.. what else do u need from a movie?
  • #17,879
  • Jul 9, 2007 4:56am Jul 9, 2007 4:56am
Quoting henrycarol
Haha.......how's the transformers movie??

I already watched it twice.
hmm I must see that film too
  • #17,880
  • Jul 9, 2007 5:02am Jul 9, 2007 5:02am
Quoting dd33
Great movie.. awesome robots, hot cars, sexy girl, great actions, lil bit of comedy.. what else do u need from a movie?
LOL.....yea.....i watched it on the 28th of June......one of the first few ppl to watch it world wide

Till now it is kinda hard to get tickets to watch it.
178 traders viewing now, 4 are registered:
arjunansh
,
Molaro
,
Waveskierrob
,
ndtrunghieu