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Cable Update (GBPUSD)

  • #18,801
  • Jul 16, 2007 1:18am Jul 16, 2007 1:18am
Quoting Bullfx
Gb inflation is weaker and weaker and there is no signal for more increase in interest rate. So this is good time to Sell GU
Here's what the efxnow (http://news.efxnow.com/EN/Commentary/index.html) is saying :

The Weekly Strategy has just been updated. Looking to start selling EUR/USD on remaining strength.
Hello World
  • #18,802
  • Jul 16, 2007 1:25am Jul 16, 2007 1:25am
Quoting waf_1988
Here's what the efxnow (http://news.efxnow.com/EN/Commentary/index.html) is saying :

The Weekly Strategy has just been updated. Looking to start selling EUR/USD on remaining strength.
Check the time.. its few hours ago news.. and still no signs of people selling euro.. and at time like this.. patience is virtue.. trying not to jump start my gun here..
Would love to see cesarnc coming with some fresh jokes..
  • #18,803
  • Jul 16, 2007 1:36am Jul 16, 2007 1:36am
i think starting to go down, i hop not
  • #18,804
  • Jul 16, 2007 1:41am Jul 16, 2007 1:41am
sure is...http://www.bloomberg.com/apps/news?p...currency_rates
its just money
  • #18,805
  • Jul 16, 2007 1:42am Jul 16, 2007 1:42am
yeaaaaaa. I am in sell now.
byebye costly moments.
  • #18,806
  • Jul 16, 2007 1:48am Jul 16, 2007 1:48am
GU is pulling back a little bit to gain momentum before shooting up through 2.0364 and landing on 2.0400.... just wait and see
  • #18,807
  • Jul 16, 2007 1:58am Jul 16, 2007 1:58am
GRRRRRRRRRrrrrrrrrrrrrrrrrrrrr.....
Attached Image
  • #18,808
  • Jul 16, 2007 1:59am Jul 16, 2007 1:59am
Quoting soros_junior
GU is pulling back a little bit to gain momentum before shooting up through 2.0364 and landing on 2.0400.... just wait and see


you've many wonderful records
2.0364, 2.0400, 2.0600, 3

may be it will retrace a little bit to gain momentum and then go higher and break the screen

you know the quote will be 600.0002
  • #18,809
  • Jul 16, 2007 2:02am Jul 16, 2007 2:02am
is it possible to go down too 2.0320 ? what is your forcasts ? can i know ?
byebye costly moments.
  • #18,810
  • Jul 16, 2007 2:06am Jul 16, 2007 2:06am
i have told u mine (2.11, but only if 366 broken),....Soros should be telling what he is telling at 2.0, when there was ppl telling, only girls would go long HERE (just a little below 2.0 mark), and i say NOW, that only a MAN will go long here...2.0 is for womens, ...for serious trades what boe minutes,...till then in range i guess.
its just money
  • #18,811
  • Jul 16, 2007 2:08am Jul 16, 2007 2:08am
Quoting 1000USD
is it possible to go down too 2.0320 ? what is your forcasts ? can i know ?
nope it won't... cable is still in strong bullish channel... it's gaining momentum now... waiting to shoot up to 2.0400... just hold your position and enjoy the pips
  • #18,812
  • Jul 16, 2007 2:11am Jul 16, 2007 2:11am
london just opened... i can see traders buying GBP and dumping USD like crazy.... another profitable week it is
  • #18,813
  • Jul 16, 2007 2:14am Jul 16, 2007 2:14am
Quoting soros_junior
nope it won't... cable is still in strong bullish channel... it's gaining momentum now... waiting to shoot up to 2.0400... just hold your position and enjoy the pips
hehe
byebye costly moments.
  • #18,814
  • Jul 16, 2007 2:16am Jul 16, 2007 2:16am
Quoting 1000USD
hehe
told ya!
  • #18,815
  • Jul 16, 2007 2:16am Jul 16, 2007 2:16am
Quoting soros_junior
london just opened... i can see traders buying GBP and dumping USD like crazy.... another profitable week it is
what goes up must come down, basicaly I think that only job left for bulls is to clear all remaning sl, same on eur/usd. But imagine how many trailig and regular sl, and orders over all are for bears to eat . I am starting to look for nice sell after next run of bulls
  • #18,816
  • Jul 16, 2007 2:19am Jul 16, 2007 2:19am
Quoting ratman
what goes up must come down, basicaly I think that only job left for bulls is to clear all remaning sl, same on eur/usd. But imagine how many trailig and regular sl, and orders over all are for bears to eat . I am starting to look for nice sell after next run of bulls
"what goes up must come down"???? hmmmm it no longer apply for cable... for cable this time it is up up and away....
cable is currently in a super duper impulsive waves... only god knows when it will end... i'm seeing years before there is any correction
  • #18,817
  • Jul 16, 2007 2:21am Jul 16, 2007 2:21am
Quoting soros_junior
london just opened... i can see traders buying GBP and dumping USD like crazy.... another profitable week it is
Ok, ok, can you please inform us where exactly did you see the 2.1000, and also were did you see those traders who are buying GBP and dumping USD like crazy
  • #18,818
  • Jul 16, 2007 2:25am Jul 16, 2007 2:25am
Quoting pino2
Ok, ok, can you please inform us where exactly did you see the 2.1000, and also were did you see those traders who are buying GBP and dumping USD like crazy
70% of retail traders are short GBP/USD. FYI
  • #18,819
  • Jul 16, 2007 2:26am Jul 16, 2007 2:26am
Still short since friday at 2.0340 area,...
I think it will correct first then will become bullish again,...
  • #18,820
  • Jul 16, 2007 2:27am Jul 16, 2007 2:27am
Quoting 1Sundevil
70% of retail traders are short GBP/USD. FYI
where on earth did u get that figure? even if it is true... the 30% buyer's volume is much more bigger... cable still going up guys... don't worry
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