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Cable Update (GBPUSD)

  • #20,481
  • Jul 20, 2007 9:41am Jul 20, 2007 9:41am
Friday... BigBoys play...

Subprime do not help.

High/Low GBPUSD
High: 2.057 16:21:06
Low: 2.0481 03:00:00

:surprised
  • #20,482
  • Jul 20, 2007 9:41am Jul 20, 2007 9:41am
will cable reach 2.0600 today?
strong resistance there... if broken can set TP at 2.0612
  • #20,483
  • Jul 20, 2007 9:45am Jul 20, 2007 9:45am
Quoting lexcron7890
right now
gold : $683.50 and up!
oil : $75.95
G/U Up!

Long!!

soros
, if cable reaches 2.1, il say soros, untill just speculation, I am actually pretty shure that everithing will come bac in to places
  • #20,484
  • Jul 20, 2007 9:45am Jul 20, 2007 9:45am
Hi guys anyone know why cable is still shooting up when indicators were showing short signals?
  • #20,485
  • Jul 20, 2007 9:47am Jul 20, 2007 9:47am
Quoting patience07
Hi guys anyone know why cable is still shooting up when indicators were showing short signals?
Welcome to Forex
Trade what you see, not what you think.
  • #20,486
  • Jul 20, 2007 9:47am Jul 20, 2007 9:47am
Quoting patience07
Hi guys anyone know why cable is still shooting up when indicators were showing short signals?
because indicatoes give only signals, not profitable trades
  • #20,487
  • Jul 20, 2007 9:48am Jul 20, 2007 9:48am
where do you see short?
Consistency and patience is everything
  • #20,488
  • Jul 20, 2007 9:49am Jul 20, 2007 9:49am
if 1H candle closes above r2=2.0563, can set r3=2.0590 as next target...
  • #20,489
  • Jul 20, 2007 9:51am Jul 20, 2007 9:51am
Quoting ratman
, if cable reaches 2.1, il say soros, untill just speculation, I am actually pretty shure that everithing will come bac in to places
To say it will be less than 2.10 'soon' is irresponsible speculation !

That guy who was talking about 1.46 or whatever next year will be needing a lift home from 4 of his colleagues any time now... I would sure contract with him on that rate (with his house against mine as collateral)

Phew that was a busy time !
  • #20,490
  • Jul 20, 2007 9:52am Jul 20, 2007 9:52am
does anyone know when cable will go short? at what point will it stop climbing?
  • #20,491
  • Jul 20, 2007 9:52am Jul 20, 2007 9:52am
Trap!
Life is too short to have anything but delusional notions about yourself.
  • #20,492
  • Jul 20, 2007 9:57am Jul 20, 2007 9:57am
Quoting patience07
does anyone know when cable will go short? at what point will it stop climbing?
If we did we would all be rich
  • #20,493
  • Jul 20, 2007 9:59am Jul 20, 2007 9:59am
lookin like a major shake out
"Millionaires don't use astrology, billionaires do"
  • #20,494
  • Jul 20, 2007 9:59am Jul 20, 2007 9:59am
Cable won't reach 2.0600, I placed a short trade @ 2.0580 with SL 2.0600
  • #20,495
  • Jul 20, 2007 9:59am Jul 20, 2007 9:59am
Quoting allserene
To say it will be less than 2.10 'soon' is irresponsible speculation !

That guy who was talking about 1.46 or whatever next year will be needing a lift home from 4 of his colleagues any time now... I would sure contract with him on that rate (with his house against mine as collateral)

Phew that was a busy time !

ehh, what ever, i am waiting for my big spike to upside for short position, until, i definetly am not comfortable to buy at such hights. so i am still keaping my guns in pockets
  • #20,496
  • Jul 20, 2007 10:00am Jul 20, 2007 10:00am
sorry to ask but did i miss something here?
why is there sudden change in the market? was there a news release?
  • #20,497
  • Jul 20, 2007 10:02am Jul 20, 2007 10:02am
I have a feeling that this was the last try for cable to climb higher
  • #20,498
  • Jul 20, 2007 10:02am Jul 20, 2007 10:02am
Just woke up from a nap...

Pound 0580....DOW down 100+ points....:surprised

Looks like profit taking right now...pound back at 0550ish.

Guess Bernanke speech plus the sub-prime speech at 11:00 is making folks go WTF....
  • #20,499
  • Jul 20, 2007 10:04am Jul 20, 2007 10:04am
Quoting pino2
Cable won't reach 2.0600, I placed a short trade @ 2.0580 with SL 2.0600
Totally i agreed with you i'll open a sell postion as long-term, my tp is 2.0000
With Regards, MKTrader Not Risk Not Gain!
  • #20,500
  • Jul 20, 2007 10:04am Jul 20, 2007 10:04am
glad i was in my demo today. knew some "freaky friday" stuff was in the works
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