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Cable Update (GBPUSD)

  • #18,141
  • Jul 10, 2007 6:22pm Jul 10, 2007 6:22pm
Quoting pinchapip
Desperate Japanese housewives !!!
  • #18,142
  • Jul 10, 2007 7:16pm Jul 10, 2007 7:16pm
ok here goes, we are the power of the forex right. the big boys do things and we follow. why is that? why not form are own power and controll. LOL then again as if the forex couls be controlled. I am just saying 1.9700. lets do it. it can happen. lol i wounder how many think i am crazy. we shall see. thet it be so and it shall be for it has been spoken. lol we shall see
Fear is the mind killer.
  • #18,143
  • Jul 10, 2007 7:49pm Jul 10, 2007 7:49pm
Fear is the mind killer ???

Think it already happened!!!
  • #18,144
  • Jul 10, 2007 8:02pm Jul 10, 2007 8:02pm
all the weekly pivots hit the currencies i traded breaking threw 2 levels of resistance i didnt short the usdjpy though. Finally able to short the gbpjpy i was stopped out 3 times last week. I think you guys should start looking into using the weekly pivots its easier than fibonacci wave counting and gives you a good take profit level to shoot for.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 63 KB
Click to Enlarge Name: usdjpy.jpg Size: 54 KB
Click to Enlarge Name: usdchf.jpg Size: 53 KB
  • #18,145
  • Jul 10, 2007 8:09pm Jul 10, 2007 8:09pm
Here's what I posted on another topic:

$12b and $5b sub-prime crap. Small potatoes.

Support broke and it went down. Happens ya know.

80.39 Dec'04 low area now to watch if breached and if by much and how quickly. IMO.

  • #18,146
  • Jul 10, 2007 8:13pm Jul 10, 2007 8:13pm
Quoting prentwo
all the weekly pivots hit the currencies i traded breaking threw 2 levels of resistance i didnt short the usdjpy though. Finally able to short the gbpjpy i was stopped out 3 times last week. I think you guys should start looking into using the weekly pivots its easier than fibonacci wave counting and gives you a good take profit level to shoot for.
Hey, if it works for you go for it. But wavey MA's ribbons are all I see. And no matter the calculations are always lag to some degree.

Edit: now I see 2.0124. But they work sometimes and sometimes not. Like anything else, no better no worse.
  • #18,147
  • Jul 10, 2007 8:14pm Jul 10, 2007 8:14pm
i think i read the article the bond ratings were downgraded. hopefully the investors dont drop out completely the dollar has already started a tailspin.
  • #18,148
  • Jul 10, 2007 8:30pm Jul 10, 2007 8:30pm
seems like the markets move the most when there is no news. i still remember when dollar longs took a drumming back in november on the thanksgiven thursday. are all the speculators shorting gbp and euro and all the stops being hit you think??
  • #18,149
  • Jul 10, 2007 8:47pm Jul 10, 2007 8:47pm
In the case of cable, I think it is a lot of shorts having to cover which has added "fuel to the fire".
  • #18,150
  • Jul 10, 2007 9:24pm Jul 10, 2007 9:24pm
1.9700 Here We Go
Fear is the mind killer.
  • #18,151
  • Jul 10, 2007 9:41pm Jul 10, 2007 9:41pm
Quoting Spineynorman
1.9700 Here We Go
9700? where we go? where we go? there goes your account!
where did you see 9700? i'd believe more if you'd say 2.09700 at this point.
  • #18,152
  • Jul 10, 2007 10:57pm Jul 10, 2007 10:57pm
Quoting Spineynorman
1.9700 Here We Go
I see 9500 in the making....

GBP short 0270....0260.....0248......target 9500

Breeze
  • #18,153
  • Jul 10, 2007 11:21pm Jul 10, 2007 11:21pm
Today Al-Qaeda, Ayman al-Zawahri release a video threatening to attack Britain. So be careful with Gb, it may go down...
Give me patience
  • #18,154
  • Jul 10, 2007 11:23pm Jul 10, 2007 11:23pm
You bears make us bulls laugh.
  • #18,155
  • Jul 10, 2007 11:33pm Jul 10, 2007 11:33pm
Bullfx where u got this info? link?
thanks

Quoting Bullfx
Today Al-Qaeda, Ayman al-Zawahri release a video threatening to attack Britain. So be careful with Gb, it may go down...
  • #18,156
  • Jul 11, 2007 12:02am Jul 11, 2007 12:02am
Quoting Breeze
I see 9500 in the making....

GBP short 0270....0260.....0248......target 9500

Breeze
HAHA
  • #18,157
  • Jul 11, 2007 12:59am Jul 11, 2007 12:59am
Quoting bodge
You bears make us bulls laugh.

it is easy to make a bull into a steer, then the bears win. go bears and dicka. da bears. woot lol. just kiding good fortune for all
Fear is the mind killer.
  • #18,158
  • Jul 11, 2007 1:16am Jul 11, 2007 1:16am
Bears watch out new high ! 2.0300 coming ....
  • #18,159
  • Jul 11, 2007 1:19am Jul 11, 2007 1:19am
Well that would me nasty if they attack, but other than that i see 0240 as a strong support for now maybe could reach 0300 soon.

Quoting Bullfx
Today Al-Qaeda, Ayman al-Zawahri release a video threatening to attack Britain. So be careful with Gb, it may go down...
  • #18,160
  • Jul 11, 2007 1:23am Jul 11, 2007 1:23am
Dont worry, Al-Qaeda is Long Cable Long
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