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Cable Update (GBPUSD)

  • #21,021
  • Jul 25, 2007 4:06am Jul 25, 2007 4:06am
Quoting dswk
as seen b4... just speculation.
maybe not.

Where is SOROS_JR? Hiding in the hole again?
I thought it should be 2.1000 today??
  • #21,022
  • Jul 25, 2007 4:08am Jul 25, 2007 4:08am
Oh my, I think I saw him leave this forum with his tail curled up under his @$$.


Quoting zamans98
maybe not.

Where is SOROS_JR? Hiding in the hole again?
I thought it should be 2.1000 today??
  • #21,023
  • Jul 25, 2007 4:09am Jul 25, 2007 4:09am
Quoting zamans98
Not really. If you see against the mighty YEN, the move is laughable.
YEN only move 20 pips, ranged 119.80-120.30 but E/U and G/U hit hard.
on other thread, there was a post regarding E/J selling... which DRAG E/U and G/U follows too.
I see.. but USD also stronger against AUD (10 pips), CHF (almost 90pips), CAD (40 pips).. which makes Paris Hilton avatar wont happen anytime soon..
  • #21,024
  • Jul 25, 2007 4:10am Jul 25, 2007 4:10am
I wonder what the reaction will be when the US opens in 3 hrs? Buying on the dip or more shorting?

JB
  • #21,025
  • Jul 25, 2007 4:11am Jul 25, 2007 4:11am
Quoting zamans98
maybe not.

Where is SOROS_JR? Hiding in the hole again?
I thought it should be 2.1000 today??
we are limited, first by 2.0500.. if breached, then next objective is 2.0100... but i do not believe it's for today...
2.0500 act as a very strong support....
  • #21,026
  • Jul 25, 2007 4:13am Jul 25, 2007 4:13am
Quoting James Burnett
I wonder what the reaction will be when the US opens in 3 hrs? Buying on the dip or more shorting?

JB
Trend is still up but market marker are nervous ...
  • #21,027
  • Jul 25, 2007 4:13am Jul 25, 2007 4:13am
Finally some profit taking...

Anyone know how's 10yr today? I mean, what may have triggered that?
  • #21,028
  • Jul 25, 2007 4:13am Jul 25, 2007 4:13am
Quoting dd33
i beg your pardon??
correction selling not buying.. pardon me i'm just woman coz, my girlfren beside me
  • #21,029
  • Jul 25, 2007 4:14am Jul 25, 2007 4:14am
The much awaited correction is probably here...question is how deep? Or is it gonna be another shallow one? im sure alot of buys are waiting at 500 450 400 350.
  • #21,030
  • Jul 25, 2007 4:17am Jul 25, 2007 4:17am
sorry for disgusting correction again human* not woman... so very dim in my room.
  • #21,031
  • Jul 25, 2007 4:22am Jul 25, 2007 4:22am
Quoting fxwarlock
correction selling not buying.. pardon me i'm just woman coz, my girlfren beside me
still.. selling dollar make dollar weaker.. not stronger.. bad data housing also make dollar weaker.. not stronger.. so it doesnt explain anything bout this dollar bullish.. i still prefer that this is purely retracement before another bull run after the news.
  • #21,032
  • Jul 25, 2007 4:23am Jul 25, 2007 4:23am
Zoheir, u getting any of that euppy slaying?
"Millionaires don't use astrology, billionaires do"
  • #21,033
  • Jul 25, 2007 4:26am Jul 25, 2007 4:26am
Quoting fxwarlock
sorry for disgusting correction again human* not woman... so very dim in my room.
whatever u do with ur girlfren.. u better finish it first.. not good mixing it with trading.. :
  • #21,034
  • Jul 25, 2007 4:56am Jul 25, 2007 4:56am
And now we wait to see what happens... it is on a knifes edge, Up or down...

Still hanging onto my shorts
  • #21,035
  • Jul 25, 2007 5:00am Jul 25, 2007 5:00am
Quoting OrionsWay
Zoheir, u getting any of that euppy slaying?
Oh yeah will send you a check with 50% of my pips !!
  • #21,036
  • Jul 25, 2007 5:02am Jul 25, 2007 5:02am
Quoting zoheir
Oh yeah will send you a check with 50% of my pips !!

Nice, 15% is fine
"Millionaires don't use astrology, billionaires do"
  • #21,037
  • Jul 25, 2007 5:18am Jul 25, 2007 5:18am
Well GU is still looking to go further south. My 4H EMA's have crossed to the south side and it's started to look more bearish now.

Also have a Pivot (weekly) at 2.0490 so if that goes we should have a ride down to 2.0390 where the first weekly fib support is.

But... its all about speculation, this is after all a zero sum game
  • #21,038
  • Jul 25, 2007 5:18am Jul 25, 2007 5:18am
do you think gbp start going up now?
  • #21,039
  • Jul 25, 2007 5:23am Jul 25, 2007 5:23am
i'm still waiting for .500, we may see that before NY traders coming in...

maybe 30-50 pips up later when bad US data release.

Still, USD is WEAK.. but recovered against many major except for YEN
  • #21,040
  • Jul 25, 2007 5:23am Jul 25, 2007 5:23am
Quoting fxwarlock
do you think gbp start going up now?
If you reverse your chart from up to down then up ....
.
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