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Cable Update (GBPUSD)

  • #21,041
  • Jul 25, 2007 5:29am Jul 25, 2007 5:29am
"It's a bearish daaaaayyy
Sky falls and you feel like
It's a bearish daaaayyy
Don't let it get away"

http://img.terra.com.br/i/2006/11/17/422051-2425-cp.jpg
  • #21,042
  • Jul 25, 2007 5:39am Jul 25, 2007 5:39am
cable looks bearish, plus my signal gave me short signal at 2.0530

also daily looks like it may reverse
kiss the trend
  • #21,043
  • Jul 25, 2007 5:49am Jul 25, 2007 5:49am
Quoting zamans98
...Still, USD is WEAK.. but recovered against many major except for YEN
vs YEN : Because of carry-trading re-positionning.
  • #21,044
  • Jul 25, 2007 5:54am Jul 25, 2007 5:54am
Exited my shorts for a 77 pip win

Now on the sidelines and waiting for a new signal to appear

Long or short, I don't care
  • #21,045
  • Jul 25, 2007 6:05am Jul 25, 2007 6:05am
Anyone else think this may be the invisible hand stepping in to save face for the US in light of the housing numbers at 9. It could have been really ugly if those numbers come out the way they should. Even with as much spin on them as they can. Any thoughts?
  • #21,046
  • Jul 25, 2007 6:16am Jul 25, 2007 6:16am
Maybe excellent opp.. in chunnel right here for a run and break of 6880.

LT play .8000+
"Millionaires don't use astrology, billionaires do"
  • #21,047
  • Jul 25, 2007 6:30am Jul 25, 2007 6:30am
not seeing the ranting bulls nomore, have they been shipped to the smoker for jerky?
"Millionaires don't use astrology, billionaires do"
  • #21,048
  • Jul 25, 2007 6:53am Jul 25, 2007 6:53am
There is a trendline forming from the 14-15th of June... @2.04 will be hit... and probably rebounce. The trend might continue from there... The trendline is there so there is still room downwards...
.
  • #21,049
  • Jul 25, 2007 7:02am Jul 25, 2007 7:02am
Quoting fxwarlock
do you think gbp start going up now?
No, gbp is going down. Dollar is rising up.
I can't understand is it the correction or begginig of the new trend?
  • #21,050
  • Jul 25, 2007 7:22am Jul 25, 2007 7:22am
news at 10 am would hurt dollar.i'll long before go short.us gdp is positive on friday.
  • #21,051
  • Jul 25, 2007 7:27am Jul 25, 2007 7:27am
I am short @ 2.0540

hoping that it was a pullback to my 10 EMA and it will now resume downwards
  • #21,052
  • Jul 25, 2007 7:31am Jul 25, 2007 7:31am
Quoting squaw
No, gbp is going down. Dollar is rising up.
I can't understand is it the correction or begginig of the new trend?
I do not think it is a downtrend until it hasn't breached 2.04
.
  • #21,053
  • Jul 25, 2007 7:56am Jul 25, 2007 7:56am
Taken the chunnel long @ 6692, sl pretty tight just off the lows MT LT trade
"Millionaires don't use astrology, billionaires do"
  • #21,054
  • Jul 25, 2007 8:10am Jul 25, 2007 8:10am
Quoting wwwin
Is this one offensive?
i see some buttocks..
BAM BAM BOOM! -bravado
  • #21,055
  • Jul 25, 2007 8:21am Jul 25, 2007 8:21am
Confirmed EMA cross on the 4H chart to signal downwards movement

Guess I am going short longer term
  • #21,056
  • Jul 25, 2007 8:23am Jul 25, 2007 8:23am
Soros Junior last week :

Soros Junior this week

I think it will only be a matter of another few days before a new Nostra-dumbass will come along to replace him.
  • #21,057
  • Jul 25, 2007 8:28am Jul 25, 2007 8:28am
cable is going down?
  • #21,058
  • Jul 25, 2007 8:28am Jul 25, 2007 8:28am
looks like GU is bouncing back
expected weak USD news in 30mins will further reconfirm it... just wait and see
  • #21,059
  • Jul 25, 2007 8:31am Jul 25, 2007 8:31am
im long at 546. anticipating a bad u.s. home sales to make this pair go north. whats anybodies take on this?
  • #21,060
  • Jul 25, 2007 8:31am Jul 25, 2007 8:31am
Quoting soros_junior
looks like GU is bouncing back
expected weak USD news in 30mins will further reconfirm it... just wait and see
So GU is still heading north after the news huh??
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