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Cable Update (GBPUSD)

  • #19,601
  • Jul 18, 2007 7:14am Jul 18, 2007 7:14am
The plane is taking off, who's joining me
Trade what you see, not what you think.
  • #19,602
  • Jul 18, 2007 7:15am Jul 18, 2007 7:15am
2.047x is the support for cable.from fundamental point of view it would go up. after all 2.1000 is not something impossible for this pair.
  • #19,603
  • Jul 18, 2007 7:15am Jul 18, 2007 7:15am
Quoting karmostaji
The plane is taking off, who's joining me

taking off where??? north or south of the graph?
  • #19,604
  • Jul 18, 2007 7:16am Jul 18, 2007 7:16am
Quoting Alfa159
taking off where??? north or south of the graph?
north IMO
Trade what you see, not what you think.
  • #19,605
  • Jul 18, 2007 7:19am Jul 18, 2007 7:19am
ok. Im....Hery wona come along?...
its just money
  • #19,606
  • Jul 18, 2007 7:20am Jul 18, 2007 7:20am
Quoting karmostaji
north IMO
allright I am in...
But i would jump if things work out good for the Dollar... ready the parachute...
  • #19,607
  • Jul 18, 2007 7:20am Jul 18, 2007 7:20am
USDX putting on some weight
http://www.nybot.com/reports/openInt...rtType=futures
"Millionaires don't use astrology, billionaires do"
  • #19,608
  • Jul 18, 2007 7:21am Jul 18, 2007 7:21am
Careful.......market can always give a nasty surprise anytime.

For those who are in longs.....better to put an SL on profit.

H4 candle on g/u doesn't give me much confidence to go higher.

I would say we would see cable around 2.0420s today.
  • #19,609
  • Jul 18, 2007 7:22am Jul 18, 2007 7:22am
Quoting Alfa159
allright I am in...
But i would jump if things work out good for the Dollar... ready the parachute...
trade at your own risk buddy, plus there is news in 8 mins so anything can happen

goodluck
Trade what you see, not what you think.
  • #19,610
  • Jul 18, 2007 7:23am Jul 18, 2007 7:23am
Quoting karmostaji
trade at your own risk buddy, plus there is news in 8 mins so anything can happen

goodluck
truee.. good luck to you too.. One thing that I am confident is if the pair goes down... It will never be too late to go short..
  • #19,611
  • Jul 18, 2007 7:34am Jul 18, 2007 7:34am
we are flying flying ...to the .....
  • #19,612
  • Jul 18, 2007 7:35am Jul 18, 2007 7:35am
Quoting venci
we are flying flying ...to the .....

now it seems south for sure... not bad US data. not bad at all.
  • #19,613
  • Jul 18, 2007 7:37am Jul 18, 2007 7:37am
Quoting soros_junior
we'll see... the US data today is bad... 2.0600 is still valid
Come again?
  • #19,614
  • Jul 18, 2007 7:38am Jul 18, 2007 7:38am
Quoting Alfa159
truee.. good luck to you too.. One thing that I am confident is if the pair goes down... It will never be too late to go short..
That's very true....
  • #19,615
  • Jul 18, 2007 7:38am Jul 18, 2007 7:38am
Quoting cesarnc
Come again?
LOL, he's LONG CLUB master of Anti DOLLAR..
  • #19,616
  • Jul 18, 2007 7:39am Jul 18, 2007 7:39am
guys nice potential inverted hammer forming on the daily chart, ofcourse unconfirmed until it closed today... lets see if the dollar can generate some downward pressure here.
  • #19,617
  • Jul 18, 2007 7:39am Jul 18, 2007 7:39am
Quoting cesarnc
Come again?
As usual....... quiet.

Still keeping my short on g/u.

Even USD/Chf has bounce off the lows...
  • #19,618
  • Jul 18, 2007 7:39am Jul 18, 2007 7:39am
the situation is like this:
AAAAAAAAAaaaaa....
Attached Image
  • #19,619
  • Jul 18, 2007 7:41am Jul 18, 2007 7:41am
Quoting henrycarol
As usual....... quiet.

Still keeping my short on g/u.

Even USD/Chf has bounce off the lows...
Me 2.
  • #19,620
  • Jul 18, 2007 7:44am Jul 18, 2007 7:44am
Soros is back and reading. Trying to figure out what are the best words to put on as a FIGHT...
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