Cable Update (GBPUSD) | Page 1055 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #21,081
  • Jul 25, 2007 9:03am Jul 25, 2007 9:03am
Quoting treadline
the bad news didnt move the pound at all. stayed there. damn it. any reason why?
this is forex, it will act however it wants, no need for any reason
Trade what you see, not what you think.
  • #21,082
  • Jul 25, 2007 9:05am Jul 25, 2007 9:05am
Quoting karmostaji
this is forex, it will act however it wants, no need for any reason

damn this forex i quit!!!!!
  • #21,083
  • Jul 25, 2007 9:06am Jul 25, 2007 9:06am
Yes this is Forex and Forex is cruel.. Lately the opposite reactions happened for the news release. I sometimes think of playing the opposite as well...

Also the pair might go north in the next hour. It does not have to have an immediate effect. not to forget 2.0543 was a MAJOR support and now seems a MAJOR resistance.
  • #21,084
  • Jul 25, 2007 9:06am Jul 25, 2007 9:06am
I am using vegas tunnel and it still is therabout.. so waiting for the filter to go in if i am shorting or it might head north.. who knows.. just waiting and waiting
  • #21,085
  • Jul 25, 2007 9:06am Jul 25, 2007 9:06am
Another short placed @ MKT. 0400 for the week not crazy - 23% fib last bull run. Then I'll think about it again.

I'm not trading for the next 5 min, for those planning to follow.

The lousy calls followers, be cautious.
  • #21,086
  • Jul 25, 2007 9:07am Jul 25, 2007 9:07am
Quoting treadline
damn this forex i quit!!!!!
have a trading plan
discipline
money management
stop-loss
trade the plan

then, relax while the pips come to you
Trade what you see, not what you think.
  • #21,087
  • Jul 25, 2007 9:07am Jul 25, 2007 9:07am
Well that was a bit of a damp squib! Really expected more from that. I was expecting at least 20-30 pips north!
  • #21,088
  • Jul 25, 2007 9:09am Jul 25, 2007 9:09am
Meanwhile !!!!!

George Soros the mega-invester was spotted this morning signing a big check
for an alleged son(aka Soros Jr) he had out of an affair with a investing Japanese housewife
(rumors about the check being to cover multiple margin calls!!!)
Attached Image
For he that would be deceived, let him.
  • #21,089
  • Jul 25, 2007 9:09am Jul 25, 2007 9:09am
news was neutral so going north is evident i think
  • #21,090
  • Jul 25, 2007 9:09am Jul 25, 2007 9:09am
Quoting cesarnc
Another short placed @ MKT. 0400 for the week not crazy - 23% fib last bull run. Then I'll think about it again.

I'm not trading for the next 5 min, for those planning to follow.

The lousy calls followers, be cautious.
Added to my short as well, let the games begin, first port of call is 2.0500
  • #21,091
  • Jul 25, 2007 9:09am Jul 25, 2007 9:09am
EurUsd hitting new daily low.
  • #21,092
  • Jul 25, 2007 9:09am Jul 25, 2007 9:09am
Quoting karmostaji
bad news for USD
yes.. weaker than expected data for existing home sales.... but cable not going up
  • #21,093
  • Jul 25, 2007 9:10am Jul 25, 2007 9:10am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
got up this morning, sun was out, put on my shorts. went swimming with the kids, came back to find cable had put his shorts on.

must be the UK weather effect.
  • #21,094
  • Jul 25, 2007 9:11am Jul 25, 2007 9:11am
Quoting pinchapip
Meanwhile !!!!!

George Soros the mega-invester was spotted this morning signing a big check
for an alleged son(aka Soros Jr) he had out of an affair with a investing Japanese housewife
(rumors about the check being to cover multiple margin calls!!!)
Nice shirt Soros Jr.
  • #21,095
  • Jul 25, 2007 9:11am Jul 25, 2007 9:11am
Quoting soros_junior
yes.. weaker than expected data for existing home sales.... but cable not going up
ask daddy for more money son, you'll need it lol
Trade what you see, not what you think.
  • #21,096
  • Jul 25, 2007 9:13am Jul 25, 2007 9:13am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Sales down, but price up. might make all the difference

DailyFX

14:10 EUR/USD: 1.3700 Support Eyed But Home Sales Actually Fell London, July 25. US existing home sales fell in June but the median price of those homes sold rose by 0.3%. In June the average selling price was USD 230.1K and this is the first increase in 11 months. Demand may have fallen but the price rose and it is this latter aspect that many have concentrated on.
Home sales may have disappointed but the Dollar has continued to strengthen in the wake of the numbers with the 1.3700 mark fast approaching below. [email protected]
  • #21,097
  • Jul 25, 2007 9:15am Jul 25, 2007 9:15am
closed long position, short until strenght shown
  • #21,098
  • Jul 25, 2007 9:15am Jul 25, 2007 9:15am
Quoting karmostaji
have a trading plan
discipline
money management
stop-loss
trade the plan

then, relax while the pips come to you

yes i know, was just venting is all. forex is good with the right plan. at least i think i have a plan. but you win some and lose some. thats the game and i will play it.
  • #21,099
  • Jul 25, 2007 9:21am Jul 25, 2007 9:21am
2.0506 in cable and 1.3709 in Euro might be ideal places to go long, maybe the markets reaction for Dollar to loose value after the Home Sales data might be these points.
Still the market is tricky now. It was not like this an hour ago.
  • #21,100
  • Jul 25, 2007 9:25am Jul 25, 2007 9:25am
You can prolly think about going long again around aug 6 or so maybe 0140 price
"Millionaires don't use astrology, billionaires do"
443 traders viewing now, 2 are registered:
kledilala
,
Altaf249