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Cable Update (GBPUSD)

  • #20,161
  • Jul 19, 2007 10:31am Jul 19, 2007 10:31am
Considering the GB's weak Datas and the expectations that-no more rate hike before the end of this year, any buying at this high price can be very risky. Cable still need some corrections even with the US's some weak funamentals which already has been priced many times before.
  • #20,162
  • Jul 19, 2007 10:37am Jul 19, 2007 10:37am
I'm wondering something. Cable has reach it's top. i tink alot of ppl will be waiting to short. Will Cable drop to 1.9 areas den bounces back again? in finance thoery, once a thing goes too high, it will fall back n den resume again... so shld ppl begin shorting dwn? But i oso heard ppl say trend is ur fren. do not goes against trend... any comment?
  • #20,163
  • Jul 19, 2007 10:39am Jul 19, 2007 10:39am
Quoting Holypendant
I'm wondering something. Cable has reach it's top. i tink alot of ppl will be waiting to short. Will Cable drop to 1.9 areas den bounces back again? in finance thoery, once a thing goes too high, it will fall back n den resume again... so shld ppl begin shorting dwn? But i oso heard ppl say trend is ur fren. do not goes against trend... any comment?

in my opinion, market is expecting the pair to go down before it goes up again... However i dont believe it will be to 1.9... More likely around 2.03 levels.. But it is too early to talk to where it will drop. We have to watch the market closely in the coming weeks.
  • #20,164
  • Jul 19, 2007 10:40am Jul 19, 2007 10:40am
Quoting Holypendant
I'm wondering something. Cable has reach it's top. i tink alot of ppl will be waiting to short. Will Cable drop to 1.9 areas den bounces back again? in finance thoery, once a thing goes too high, it will fall back n den resume again... so shld ppl begin shorting dwn? But i oso heard ppl say trend is ur fren. do not goes against trend... any comment?
only one...define the trend and learn to write, soory 2...
its just money
  • #20,165
  • Jul 19, 2007 10:41am Jul 19, 2007 10:41am
Dow13,985.45http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 67.23 (0.48%)Nasdaq2,721.09http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 21.60 (0.80%)S&P 5001,552.33http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 6.16 (0.40%)10-Yr Bond5.04% http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 0.03
  • #20,166
  • Jul 19, 2007 10:43am Jul 19, 2007 10:43am
does the fomc news got any effect on cable? cable doesnt seems moving...


define trend? either it's up or dwn. like wat other ppl say. show the chart to a 3 yrs old n ask whether the chart is pting up or dwn..
  • #20,167
  • Jul 19, 2007 10:44am Jul 19, 2007 10:44am
Quoting newjersey24
Bye-Bye!!!!
Never heard the hello, oh well. Write soon.

BTW What exit ?
  • #20,168
  • Jul 19, 2007 10:44am Jul 19, 2007 10:44am
Quoting henrycarol
Dow13,985.45http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 67.23 (0.48%)Nasdaq2,721.09http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 21.60 (0.80%)S&P 5001,552.33http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 6.16 (0.40%)10-Yr Bond5.04% http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 0.03


all usd gd news?? lol
  • #20,169
  • Jul 19, 2007 10:44am Jul 19, 2007 10:44am
FOMC Minutes coming to add flies to the B.S.

15 to go
  • #20,170
  • Jul 19, 2007 10:45am Jul 19, 2007 10:45am
Holy, a market must inhale and exhale, trends are your friend doesnt mean they cant end. So what would it take to happen for this LT uptrend to change its bias? LT Channels paint a good picture. I suspect we could see 1.9980 test in futures, blasting through that perhaps 1.9100 probable, who knows the market doesnt know more than 72hrs out with any certainty and its sole job is to process orders bid/offer
"Millionaires don't use astrology, billionaires do"
  • #20,171
  • Jul 19, 2007 10:48am Jul 19, 2007 10:48am
Look at march. cable hit 2.01 all time high n fall back to 1.97 before climbing up here... tt's y i tink it will fall to abt another 400 pips before rising to another 700pip
  • #20,172
  • Jul 19, 2007 10:48am Jul 19, 2007 10:48am
Agree...

Quoting OrionsWay
Holy, a market must inhale and exhale, trends are your friend doesnt mean they cant end. So what would it take to happen for this LT uptrend to change its bias?
.
  • #20,173
  • Jul 19, 2007 10:52am Jul 19, 2007 10:52am
Quoting OrionsWay
Holy, a market must inhale and exhale, trends are your friend doesnt mean they cant end. So what would it take to happen for this LT uptrend to change its bias? LT Channels paint a good picture. I suspect we could see 1.9980 test in futures, blasting through that perhaps 1.9100 probable, who knows the market doesnt know more than 72hrs out with any certainty and its sole job is to process orders bid/offer
I know you said probable but a 1400 pips drop probable ??

I am a Dynamic Trader user as well. I hope that is not how you figuring a move of this type might happen.
  • #20,174
  • Edited 12:32pm Jul 19, 2007 10:55am | Edited 12:32pm
Quoting Holypendant
I'm wondering something. Cable has reach it's top. i tink alot of ppl will be waiting to short. Will Cable drop to 1.9 areas den bounces back again? in finance thoery, once a thing goes too high, it will fall back n den resume again... so shld ppl begin shorting dwn? But i oso heard ppl say trend is ur fren. do not goes against trend... any comment?
Yes, let the trend be your friend but if the trend does not reverse it will go in the same direction for ever.. The good trader is the one who is able to find out the right minute when the trend is going to reverse and reverse with it
  • #20,175
  • Jul 19, 2007 10:57am Jul 19, 2007 10:57am
Quoting pinchapip
OrionsWay....the FED,Rothshild,Freemasons, Illuminati,Rockefellers..etc are the heads of the same hydra.

They do control the world, but only like as a facade, a tool, in the hands of "THE" real power which is, guess what !!!!!!

The Roman Catholic Church ...

... If you take a closer look at the Jesuits, the secret service of the Catholic Church, you will see that they are infiltrated in all branches and levels of Governments, financial and social institutions, and the self-proclaimed protestant church itself.

They can get married,be homosexuals,fight for the nazis or become jewish rabbi's. They can even preach and go against their own Catholic church . There are no boundaries...nothing is foul play in the goal of, at the very end, making the church bigger and stronger

Just do a google search about the "JESUIT OATH" and read it...it's all there !!
From: The Jesuit Oath Debunked...

Sometimes one finds himself completely outside the realm of “the possible” and in the strange realm of “where the heck did they come up with this stuff?” The Jesuit Oath is one such example. It is completely ludicrous, and to believe that people actually believe this stuff is simply staggering...

I am not an outsider to the Catholic Church and I can state unequivocally: None of this is true!


People who perpetrate such Satanic rubbish belong amongst the ilk who proclaim there is no God, the Holocaust never happened, etc. - and those who believe in and perpetuate such nonsense are simply ignorant (not stupid) slaves, doing the dirty work of the perpetrators.


I will not honor any rebuttals to this. I don't converse with witting or unwitting cohorts of the devil.
  • #20,176
  • Jul 19, 2007 10:58am Jul 19, 2007 10:58am
Suntrader, no breaking the TL around 9980ish, one may have to start to concider deeper move 38% min to 50-75% of the whole push from nov 05 north
"Millionaires don't use astrology, billionaires do"
  • #20,177
  • Jul 19, 2007 11:12am Jul 19, 2007 11:12am
Quoting krishna
Hi

To Everyone Those Who Know Me,n Who R Willing To Know Me,

I Have Been Reading The Posts Fom Lat 3 Months But Posted From My Side,
As This My Frst Post,
I Will Start Giving My Trading Signals From Gbpusd,
As Of Till Now Many Account Has Been Wipe Out,

I Always Say One Thing Fo This Market Happy Trade Patience Pays,
If U Have Patience No One Can Cut Or Loose A Position,

Gbpusd Will Touch 2.0555 Which Wil Be His Last Figure For This Year,
U Will Not See This Figure Again In 2007,

So Those Who R In Margin Pt Ewuity N Wait For 2.0555,n If U Have More Equity Sell As Much As U Can,

As Market Turns From That Level With 7 Days U Can Se 2.0000
That Means Almost 550 Pips Move,
Which Give Great Return,

Also I Will Post For Eurusd N Audusd,
Same Like Cable,

Long Term Plays Always Well N Safe,

Lord Of Fx

"krishna"
Do you really need to type Mixed case ??? What's the point except being horrible to read ?
  • #20,178
  • Jul 19, 2007 11:18am Jul 19, 2007 11:18am
O-way,

Well, I see strong daily bar support at 2.0200/2.0150 area. Not sure what trendline you are talking about.

Sun
  • #20,179
  • Jul 19, 2007 11:20am Jul 19, 2007 11:20am
Krishna is gone to his own thread.

Too many non-believers here.
  • #20,180
  • Jul 19, 2007 11:26am Jul 19, 2007 11:26am
Quoting RJF
From: The Jesuit Oath Debunked...

Sometimes one finds himself completely outside the realm of “the possible” and in the strange realm of “where the heck did they come up with this stuff?” The Jesuit Oath is one such example. It is completely ludicrous, and to believe that people actually believe this stuff is simply staggering...

I am not an outsider to the Catholic Church and I can state unequivocally: None of this is true!


People who perpetrate such Satanic rubbish belong amongst the ilk who proclaim there is no God, the Holocaust never happened, etc. - and those who believe in and perpetuate such nonsense are simply ignorant (not stupid) slaves, doing the dirty work of the perpetrators.


I will not honor any rebuttals to this. I don't converse with witting or unwitting cohorts of the devil.
I bet you are a Jesuit...you guys rule now...we Christians will rule later in eternityhttp://www.forexfactory.com/images/icons/icon10.gif
For he that would be deceived, let him.
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