Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#18,621
Jul 13, 2007 8:08am Jul 13, 2007 8:08am

de123
Joined Sep 2006 | Status: Trader | 2,272 Posts

soory no offence (it was well defended),...its friday the 13th,...i have to be mean, and besides, henry is mean all the time...arent u...he keep on pushing...

its just money

#18,622
Jul 13, 2007 8:09am Jul 13, 2007 8:09am

ndvt241
| Joined Jan 2007 | Status: Let us play this economical game | 186 Posts

Quoting cesarnc

Disliked

Far from over.... One tick 0365 brings the avalanche

Ignored

Hi cesarnc
Everything is already priced, very well known that US may cut not hike interest rate, and UK may have another rate hike.. (lower retail sale at this point means nothing) The Cable is priced very high so far, just be carefull everyone.
I am just watching. out for now

#18,623
Jul 13, 2007 8:15am Jul 13, 2007 8:15am

henrycarol
| Joined Jul 2006 | Status: Trader | 416 Posts

I think there will be another push on e/u and g/u

Just a matter of time.

Still early in the US now......

#18,624
Jul 13, 2007 8:16am Jul 13, 2007 8:16am

plicksboy
| Joined Nov 2006 | Status: Trader | 126 Posts

Maybe its still waiting for US consumer confidence figues,....

#18,625
Jul 13, 2007 8:17am Jul 13, 2007 8:17am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Quoting ndvt241

Disliked

Hi cesarnc
Everything is already priced, very well known that US may cut not hike interest rate, and UK may have another rate hike.. (lower retail sale at this point means nothing) The Cable is priced very high so far, just be carefull everyone.
I am just watching. out for now

Ignored

Well, at least we have a nice figure to play with : 2.0364.

Closing the day below it, it's a triple top formed and R:R will favor short positions with risk at breach of this figure and reward all the fib retracement levels downwards

There is no "quadruple top". Break of 0365 opens 0400 and beyond

#18,626
Jul 13, 2007 8:17am Jul 13, 2007 8:17am

Turtle
| Joined May 2007 | Status: Trader | 4,716 Posts

Looks like folks are waiting for that...ding, ding, ding....9:30 Stock market bell????

#18,627
Jul 13, 2007 8:19am Jul 13, 2007 8:19am

m00jiman
| Joined Nov 2006 | Status: Trader | 405 Posts

ha i got stopped out for 1 pip. should we break that last top, we sure we headed up, but there's another news coming!

#18,628
Edited 8:58am Jul 13, 2007 8:24am | Edited 8:58am

ndvt241
| Joined Jan 2007 | Status: Let us play this economical game | 186 Posts

Quoting cesarnc

Disliked

Well, at least we have a nice figure to play with : 2.0364.

Closing the day below it, it's a triple top formed and R:R will favor short positions with risk at breach of this figure and reward all the fib retracement levels downwards

There is no "quadruple top". Break of 0365 opens 0400 and beyond

Ignored

Do you know what's mean that the EUR is over 1.38?
THAT MEANS: EUROPE'S EXPORTS IN A BIG TROUBLE
Breaking the 1.38 is not going to be so easy for europe's economy...

#18,629
Jul 13, 2007 8:25am Jul 13, 2007 8:25am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

More to add to the dollar illness...

09:20 Iran says its asking Japanese oil importers to pay in JPY effective immediately; seeing USD/JPY get hit

#18,630
Jul 13, 2007 8:30am Jul 13, 2007 8:30am

henrycarol
| Joined Jul 2006 | Status: Trader | 416 Posts

Got my targets on eur/usd and usd/chf already.

Now just waiting for gbp/usd to get over 2.0370s

#18,631
Jul 13, 2007 8:40am Jul 13, 2007 8:40am

1000USD
| Joined Jun 2007 | Status: Trader | 162 Posts

Quoting cesarnc

Disliked

More to add to the dollar illness...

09:20 Iran says its asking Japanese oil importers to pay in JPY effective immediately; seeing USD/JPY get hit

Ignored

hope to go up to 2.3800

byebye costly moments.

#18,632
Jul 13, 2007 8:42am Jul 13, 2007 8:42am

de123
Joined Sep 2006 | Status: Trader | 2,272 Posts

soon i go fishing,... waiting for that bell..... henry wona come along...
we deserve it ...

its just money

#18,633
Jul 13, 2007 8:54am Jul 13, 2007 8:54am

henrycarol
| Joined Jul 2006 | Status: Trader | 416 Posts

Quoting de123

Disliked

soon i go fishing,... waiting for that bell..... henry wona come along...
we deserve it ...

Ignored

Ohh....sadly I don't fish

But I do WOW DOTA

Goin to kill some heroes. WOOT!

#18,634
Jul 13, 2007 8:58am Jul 13, 2007 8:58am

allserene
Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts

isn't it strange how some bad news on US sales boosts the GBP/USD but the DOW keeps on going up too ? (perhaps because cable goes up ?)....

when the dollar gets to 3.0000 the dow will be 20,000 ?

messrs simon and garfunkel had it right

'A man hears what he wants to hear and disregards the rest'

So it's 50% fun + 50% mental = fundamental and I bet it always was...

housing crashing and credit cards maxed out but the DOW doesn't care - its all going UP !

#18,635
Jul 13, 2007 9:00am Jul 13, 2007 9:00am