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Cable Update (GBPUSD)

  • #19,181
  • Jul 17, 2007 6:15am Jul 17, 2007 6:15am
Dale Argentina, dale pibe!
  • #19,182
  • Jul 17, 2007 6:43am Jul 17, 2007 6:43am
Quoting soros_junior
watch out guys... USD data is very very very bad tonite... cable definately going to shoot to heaven... 2.0500 is a must... 2.0600 is a piece of cake.... uhhhhh yeahhhhhhhhhh.....
What happened to 2.1 by Friday?
  • #19,183
  • Jul 17, 2007 6:46am Jul 17, 2007 6:46am
Quoting cesarnc
What happened to 2.1 by Friday?
He says - friday.... but didn't mention wich Friday
  • #19,184
  • Jul 17, 2007 6:47am Jul 17, 2007 6:47am
short term:

once stop losses are gunned down (because it is assumed most traders are anticipating reversals and they are shoort, it will be time for correction.

from .0500 or .0600, it shall come down to 0300 or 0350


all my tech charts , TL point to what i just said

but if BOE minutes is for more hike (i doubt..but u never know) and USA ppi less than .2 then going going gone

long term :

well I dono ... but if you look at monthly, this thing can go all the way to 2.1000 since it has broken all the bariers..


remember the real soros did short around thios price to gain him 1 billion dollars in 90 or 92..


what an exciting time to be in forex
Pipology 101 student
  • #19,185
  • Jul 17, 2007 7:05am Jul 17, 2007 7:05am
as i see things,i think that us dollar will be equal to the somali dollar....not bad for a while........u think that gbp = 3.0000 american and somali dollars???who knows how far it will go???
any with answer...
bset wishes
  • #19,186
  • Jul 17, 2007 7:12am Jul 17, 2007 7:12am
Cable Going Fall Today..... I'm Seeing Sumthing Similar On April 14...
  • #19,187
  • Jul 17, 2007 7:20am Jul 17, 2007 7:20am
market now is very volatily. It difficult to predict something
  • #19,188
  • Jul 17, 2007 7:24am Jul 17, 2007 7:24am
Just 10 more min and we'll know the truth. anybody wit me? i had short cable at 2.0467
  • #19,189
  • Jul 17, 2007 7:25am Jul 17, 2007 7:25am
Quoting squaw
market now is very volatily. It difficult to predict something
Its difficult to predict anything - other than something will happen !
  • #19,190
  • Jul 17, 2007 7:34am Jul 17, 2007 7:34am
Wierd market action...

What else is new
  • #19,191
  • Jul 17, 2007 7:36am Jul 17, 2007 7:36am
Any way... .0475 is my magic #...

if it does not pass that..and if it goes below .0425 then reversal is at hand..but then we have 4:30am GBPMPC Meeting Minutes







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cmon FF

its been like this for last 5 years.

when will you improve this?
Pipology 101 student
  • #19,192
  • Jul 17, 2007 7:37am Jul 17, 2007 7:37am
Quoting cesarnc
Wierd market action...

What else is new
Market is going to shake out weak USD longs
Patience + Humility + Study = Success
  • #19,193
  • Jul 17, 2007 7:38am Jul 17, 2007 7:38am
Quoting pipology-101
cmon FF

its been like this for last 5 years.

when will you improve this?
would you like some cheese to go with that whine?

http://www.ansteys.com/pleasure/images/cheese_wine.jpg
BAM BAM BOOM! -bravado
  • #19,194
  • Jul 17, 2007 7:40am Jul 17, 2007 7:40am
Quoting DutchTrader
Market is going to shake out weak USD longs
Hope so. Coz right now, it's shaking out my freaking patience
  • #19,195
  • Jul 17, 2007 7:40am Jul 17, 2007 7:40am
Quoting cesarnc
Wierd market action...

What else is new
I think wolf wave is at work if it does not passtodays high .0474
and there is more important news tomorrow

if tomorrow decision is not in favor of gbp, watch for 300 pip reversal...count on that
Pipology 101 student
  • #19,196
  • Jul 17, 2007 7:42am Jul 17, 2007 7:42am
don't worry... 2.0500 is a must now
  • #19,197
  • Jul 17, 2007 7:46am Jul 17, 2007 7:46am
All I know is:

- if I long now, it will go down to 0250
- If I short now, it will go up to 0600...
  • #19,198
  • Jul 17, 2007 7:48am Jul 17, 2007 7:48am
lol
Trade what you see, not what you think.
  • #19,199
  • Jul 17, 2007 7:49am Jul 17, 2007 7:49am
oh my, i went to sleep and look what happened.

Ceasar, I was thinkin the same thing, i wanted to add longs, but it always moves against me! ill wait till the news, and if good for pound, add long! :-@
  • #19,200
  • Jul 17, 2007 7:51am Jul 17, 2007 7:51am
Quoting SeekingLight
I've still got some left over from 2.0100 and am also starting to take profit while above 2.400. But I'm looking at 2.0472 / 2.0555 / 2.0600ish for a literally long shot on the last bigger portions

Trust price. Know yourself.
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