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Cable Update (GBPUSD)

  • #20,881
  • Jul 24, 2007 2:53pm Jul 24, 2007 2:53pm
Quoting MPP
here it is

http://www.forexfactory.com/showthre...t=2645&page=34

just don't find many people there, shame i love aus pairs to. see you there some day
no I mean suisse, the CHF
USDCHF, EURCHF,GBPCHF

I love Aussies too but as you say, there is no people there
  • #20,882
  • Jul 24, 2007 2:57pm Jul 24, 2007 2:57pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting karmostaji
UCHF and UJ are the only one's not in USD favor

I doubt this is USD gaining, i think it's just a technical move
may be tech, but aud passed tech support, so good possabillity that cable and eur will make deep pull backs to lower support levels, all my indicators are dropping of, so closed all my trades. will get in lower unless this is the big turn south.
  • #20,883
  • Jul 24, 2007 2:58pm Jul 24, 2007 2:58pm
today closed some stocks in london for a fat profit + the divi, and some loosses occured in NYSE as well ...what a day...
...hope the iran doesnt increase the production, or my profits will be gone...
its just money
  • #20,884
  • Jul 24, 2007 2:59pm Jul 24, 2007 2:59pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting benssol
no I mean suisse, the CHF
USDCHF, EURCHF,GBPCHF

I love Aussies too but as you say, there is no people there
sorry mate read that wrong, flying through to many pages to find info on why the sudden change, no luck so far.

start a new thread, let me know i will trade any pair, if the price is right
  • #20,885
  • Jul 24, 2007 3:00pm Jul 24, 2007 3:00pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
round numbers seem to be slowing them down
  • #20,886
  • Jul 24, 2007 3:04pm Jul 24, 2007 3:04pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
got this of Dailyfx, may be that when one pair drops like this the others will follow, people will get out to protect profit, could get interesting in asia through wednesday. at last.

Strategy:[email protected] We scratched out of the long as the pullback from fresh 18-yr highs scored o/n & the hrly double-top there left the intraday charts in a bear trend. 0.8820, intraday support Monday and 38.2% of the 0.8755 to 0.8865 rally has given way. Key support is now 0.8785, Monday"s low. A close below would be a daily uptrend reversal signal. (RD) 19:57 GMT
end
  • #20,887
  • Jul 24, 2007 3:10pm Jul 24, 2007 3:10pm
Quoting jest1081
I saw the charts posted and i cant believe what im reading.
Quoting karmostaji'
snoobs watching 5m chart lol
Quoting wwwin
I agree, they post a chart where it is going up at a 45 degree angle, perfect pitch in technical analysis, textbook bullish, perfect angle showing strenght and yet not too steep as to be unsustainable, and they are saying it looks bearish...amazing stuff...the mind is a very a very very complicated thing.
i can stretch it to 70% for your textbook perfect long example

one of my options worked out perfectly
goodbye bunch of selfish abusers
  • #20,888
  • Jul 24, 2007 3:13pm Jul 24, 2007 3:13pm
long GU and target around 0638 (R2) for today.
  • #20,889
  • Jul 24, 2007 3:16pm Jul 24, 2007 3:16pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting user5000
i can stretch it to 70% for your textbook perfect long example

one of my options worked out perfectly
goodbye bunch of selfish abusers
don't quit, stay prove yourself, too many people drop in and go because of a few bad remarks, some members think they are th only important ones here.

air your views some of us like the differnt opinions, helps to keep us sane.
  • #20,890
  • Jul 24, 2007 3:27pm Jul 24, 2007 3:27pm
Looks like support is holding...DOW closed -226...

Yen crosses got hammered...but are bouncing back...
  • #20,891
  • Jul 24, 2007 3:43pm Jul 24, 2007 3:43pm
Quoting Turtle
Looks like support is holding...DOW closed -226...

Yen crosses got hammered...but are bouncing back...
fundamentally it should turn bulish the yen, technicly i see a pin bar on monthly chart, i just dont know if thats what i see, for example the eur/jpy...gbp still holds,...if jen will go bulish we will see something we havent yet....GLOBAL PANIC...act wiselly, close profits and let ur looses flow... ...no soory use SLs instead...if something doesnt want to go in some way, its going the oposite to get the fuell, to broke the level, and that might turn into global reversal...
its just money
  • #20,892
  • Jul 24, 2007 3:50pm Jul 24, 2007 3:50pm
Quoting de123
fundamentally it should turn bulish the yen, technicly i see a pin bar on monthly chart, i just dont know if thats what i see, for example the eur/jpy...gbp still holds,...if jen will go bulish we will see something we havent yet....GLOBAL PANIC...act wiselly, close profits and let ur looses flow... ...no soory use SLs instead...if something doesnt want to go in some way, its going the oposite to get the fuell, to broke the level, and that might turn into global reversal...
there is a user called MKTrader predicted this early in G/J thread




Quoting MKTrader
Hi guys,

I'm a long-term trader in GJ pair and i had some forecast about of GJ in here usually my forecast have good accuracy.

I think GJ will be break ~251 to ~235... also i checked all JPY pairs i think JPY is very strognly in remain 2007.

If i find a suitable point in next week i'll sell GJ as long-term same as the past times and i post in here.

PLEASE DO NOT SELL GJ YET! GJ IS IN A STRONG RESISTANCE LINE AT 251



Good luck.
  • #20,893
  • Jul 24, 2007 4:09pm Jul 24, 2007 4:09pm
Quoting Turtle
And I think the housing news will only add fuel to the fire....
I think so. Let's wait and see, maybe there will be a pre-annoucement run up tonight. Newstrader is saying that if the news is real bad, that it will be $$ bearish v yen, I agree, but also saying that $$ positive vs. high yielders? I don't think that has been the pattern. I think if its bad, its gonna be bad for the $$ against the world, "the $$ vs. the world" a new horror film by Michael Moore.
  • #20,894
  • Jul 24, 2007 4:10pm Jul 24, 2007 4:10pm
Quoting de123
fundamentally it should turn bulish the yen, technicly i see a pin bar on monthly chart, i just dont know if thats what i see, for example the eur/jpy...gbp still holds,...if jen will go bulish we will see something we havent yet....GLOBAL PANIC...act wiselly, close profits and let ur looses flow... ...no soory use SLs instead...if something doesnt want to go in some way, its going the oposite to get the fuell, to broke the level, and that might turn into global reversal...
Yes...this could be an interesting day tomorrow, especially if the housing numbers come out worst than expected....

I'm ready either way it goes....
  • #20,895
  • Jul 24, 2007 4:11pm Jul 24, 2007 4:11pm
Quoting bravado
i missed this post.

http://www.billcasselman.com/shania_twain_adj.jpg

Ka-Ching!
That pic will make a lot of things go up
  • #20,896
  • Jul 24, 2007 4:12pm Jul 24, 2007 4:12pm
Quoting wwwin
I think if its bad, its gonna be bad for the $$ against the world, "the $$ vs. the world" a new horror film by Michael Moore.


What time would that movie be showing....
  • #20,897
  • Jul 24, 2007 4:17pm Jul 24, 2007 4:17pm
Quoting wwwin
That pic will make a lot of things go up
indeed.
BAM BAM BOOM! -bravado
  • #20,898
  • Jul 24, 2007 4:19pm Jul 24, 2007 4:19pm
Quoting Turtle


What time would that movie be showing....
it will be at on at different times on Pay Per View, the shorts will be the ones paying.
  • #20,899
  • Jul 24, 2007 4:25pm Jul 24, 2007 4:25pm
Quoting wwwin
it will be at on at different times on Pay Per View, the shorts will be the ones paying.


Man, that is too funny...I guess I should be seeing free444 there????
  • #20,900
  • Jul 24, 2007 4:26pm Jul 24, 2007 4:26pm
Quoting user5000
i can stretch it to 70% for your textbook perfect long example

one of my options worked out perfectly
goodbye bunch of selfish abusers
Nobody is trying to abuse anyone. You are taking this too personal. You could have posted a different chart to make your point. It is just that the chart you posted showed no weakness, at least to me. It did not even have any minor retracing, it was a straight 45 degree rising line.
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