Cable Update (GBPUSD) | Page 998 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #19,941
  • Jul 19, 2007 4:51am Jul 19, 2007 4:51am
Quoting henrycarol
Make sure you have an SL ready. It wont touch 537 anymore.

Sure it will, it dropped downd because of the news. But the trend is up, so it will comeback, and make higher highs...

am long on2.0503
  • #19,942
  • Jul 19, 2007 4:53am Jul 19, 2007 4:53am
Quoting damman
Sure it will, it dropped downd because of the news. But the trend is up, so it will comeback, and make higher highs...

am long on2.0503
possibility is there.. but DOLLAR is slowly gaining .... pips by pips...
  • #19,943
  • Jul 19, 2007 4:56am Jul 19, 2007 4:56am
Quoting OrionsWay
Gold has a little upside maybe but around 600 by year end me thinks
Gold is showing a possible head and shoulders which is indicative of a topping out formation, 600 or just above I'd say 612 is highly likely
  • #19,944
  • Jul 19, 2007 4:57am Jul 19, 2007 4:57am
Quoting pino2
What do you mean by still haven't heard of EURGBP, and where are your posts on it

http://forexfactory.com/showpost.php...ostcount=19303


http://forexfactory.com/showpost.php...ostcount=19487


Also posted about a long EURGBP setup it in my journal the other night...although I had expected a EURUSD rise instead of a cable drop, but oh well, either moves EURGBP up.
Trust price. Know yourself.
  • #19,945
  • Jul 19, 2007 5:01am Jul 19, 2007 5:01am
u think wrong...long gold long,...there are gona be rallies, euro will print all time highs, as well as cable, u can go short and u will soon find out that shorts arent named LONGS...the reason we thinks euro and cable will go up is, they will raise rates, the other one will lower them, and gold will be HUGE needed to curb inflation, since dolar will collapse otherwise,...and oil will start folowing the dolar since its valued in usd, with a small delay, euro as well, ....hare hare, krishna krishna, ...i hope im right.(better then i hope krishna right?...Oh boy )
its just money
  • #19,946
  • Jul 19, 2007 5:03am Jul 19, 2007 5:03am
This is plain boring, the bears can't gain momentum, market is in a state of indicision, but the longer it can't break higher, the higher is a probability of a move lower
  • #19,947
  • Jul 19, 2007 5:04am Jul 19, 2007 5:04am
Quoting zamans98
If DOW = 14,000, our thread is coming to 20,000 mark..

WHO WILL POST THE 20K post??
I would love to vote for soros_jr.. IF cable manage to reach 2.1000 by the END OF THE WEEK

If not.. my other candidate is :
1. Cesarnc.. that for sure..
2. Our FOREX GOD.. Bravado..
3. Anyone else with very high posting in here..
  • #19,948
  • Jul 19, 2007 5:04am Jul 19, 2007 5:04am
Quoting ndvt241
In my believe, the American Economy is strong, (look at the stock market, is not bad at all) I live in USA and I see the economy clearly. there is no problem down here. The housing problem which they talk about it happend because of two reasons
1.There is over supply; 130 residential units for 300 millions:
Means every two people (about) share one unit. while in Europe and Japan every 3 to 5 people share one unit
2. The low interest rate and the easy loans process introduced to the housing market unqualified buyers-unable to pay the mortgages. So the housing problem in USA is an independent problem that should not have a big effect on the economy.
What Bernark said yesterday; just to drop the responsibility off his shoulders and in my believe, he must raise the interest rate to its old level (5.75%) to protect the dollar and that will not hurt the housing market.
The dollar now is not weak, it just under attack and will wake up again I think.
I think FRS has not formulated distinctive position toward dollar
  • #19,949
  • Jul 19, 2007 5:05am Jul 19, 2007 5:05am
Quoting gene22
Gold is showing a possible head and shoulders which is indicative of a topping out formation, 600 or just above I'd say 612 is highly likely
Nothing's impossible hehe.

First it will hit 675$ and 680-684$ and I can take my profit off
If it moves above that area 700$ and higher is back in the picture. But this isn't the Gold thread *g*

It's a rather simple logic however. If you say this ounce of Gold here is worth 1 and valued in USD(say it takes 100$ to get that 1 real value), and that USD devalues, then you need to raise the denominational value in order to just keep the core value identical(Say USD power drops by half, then you'd need 200$ to still get the same 1 core value).

Again, this is just my view on things, not necessarily reality
Trust price. Know yourself.
  • #19,950
  • Jul 19, 2007 5:07am Jul 19, 2007 5:07am
Quoting dd33
I would love to vote for soros_jr.. IF cable manage to reach 2.1000 by the END OF THE WEEK

If not.. my other candidate is :

4. Just use your CHARTS
Trust price. Know yourself.
  • #19,951
  • Jul 19, 2007 5:10am Jul 19, 2007 5:10am
Quoting SeekingLight
4. Just use your CHARTS
  • #19,952
  • Jul 19, 2007 5:13am Jul 19, 2007 5:13am
GBP/USD will be choppy but bearish until next week. the bullish run is fading out. 4hr is showing a bearish trend . My short target for this week is 2.0430.
  • #19,953
  • Jul 19, 2007 5:15am Jul 19, 2007 5:15am
I like surprises, especially in forex
Trade what you see, not what you think.
  • #19,954
  • Jul 19, 2007 5:15am Jul 19, 2007 5:15am
Quoting dd33
Stop listening to what others are saying / calling and just listen to what the charts are saying.

Is the chart up? Down?

Are there bullish setups? Bearish ones? Is it unclear and best to stay away?

Etc.

Also the chart will tell the actual price where the weekly bar closes...
Trust price. Know yourself.
  • #19,955
  • Jul 19, 2007 5:17am Jul 19, 2007 5:17am
If Euro is not desperately trying to make a double top than i don't know what it's doing now
  • #19,956
  • Jul 19, 2007 5:18am Jul 19, 2007 5:18am
Quoting SeekingLight

P.S. There is no tangible correlation between the DAX and the USD.
Yes, maybe you're right cause I'm still new and not sure which news would affect the market. But thanks anyway.
  • #19,957
  • Jul 19, 2007 5:19am Jul 19, 2007 5:19am
Quoting SeekingLight
Stop listening to what others are saying / calling and just listen to what the charts are saying.

Is the chart up? Down?

Are there bullish setups? Bearish ones? Is it unclear and best to stay away?

Etc.

Also the chart will tell the actual price where the weekly bar closes...
I think there are some misunderstanding here.. Zaman98 and I were discussing who should be given the honour to post the #20k post on this thread.. No wonder i got confused..
  • #19,958
  • Jul 19, 2007 5:28am Jul 19, 2007 5:28am
Quoting gene22
If Euro is not desperately trying to make a double top than i don't know what it's doing now
go euro go

1.40
  • #19,959
  • Jul 19, 2007 5:30am Jul 19, 2007 5:30am
Chunnel about to finish W4 north pretty quick minor set
"Millionaires don't use astrology, billionaires do"
  • #19,960
  • Jul 19, 2007 5:31am Jul 19, 2007 5:31am
Gold just made a short term triple top, there is a gap at 670.10 level so, a short term corection should begin now, gaps tend to get filled
323 traders viewing now, 1 is registered: