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Cable Update (GBPUSD)

  • #21,441
  • Jul 26, 2007 5:18pm Jul 26, 2007 5:18pm
Quoting benssol
what you think cesar about tomorrow news ??
I mean their effect on GBP,EUR
I wouldn't worry about the news, if they come out with small deviation. I put my concerns on the fact that tomorrow is Friday
  • #21,442
  • Jul 26, 2007 5:28pm Jul 26, 2007 5:28pm
Quoting cesarnc
Short Cable Short!!!!

I'm thinking you meant "Buy Cable Buy !" lol
“Past performance is not indicative of future results”
  • #21,443
  • Jul 26, 2007 5:46pm Jul 26, 2007 5:46pm
Quoting angiegiles00
Hey Turtle..

How's it going?

I have had a really good day on GJ, was short from 246.75, and locked in 250 pips, and let the rest ride...

Cable I am just observing from the sidelines at the moment.

Back to work next week :-( and will have to look at longer term setups...

Angie
Hey Angie....

Nice trade, I have been watching GJ also but haven't traded that pair yet. Want to build my account up some more before I get into that pair.

Sorry you have to work next week..but hopefully you have made a boat load of pips (beside the 250) before heading back to work...

Talk to you soon.
  • #21,444
  • Jul 26, 2007 5:55pm Jul 26, 2007 5:55pm
Quoting cesarnc
You too...

I'm now looking at this down channel in the hourly. Still prevailing. If so, next is sub-0400s. If holds below 0400, next would be 0260 (38% fib, next week?).
Then I will have to start dumping my short lil soldiers
The pound hit nicely on that 23% fib....could the Asian session get us to the sub-0400's?????

And like you always say....it's Friday.....so what time are we all meeting to have some drinks.....
  • #21,445
  • Jul 26, 2007 6:14pm Jul 26, 2007 6:14pm
another great opportunity to short
  • #21,446
  • Jul 26, 2007 6:16pm Jul 26, 2007 6:16pm
Quoting Plutonite
I see some serious hesitation right now, but it could be nothing.
Nothing my butt. 150 pip pull back, but being a big move today (the drop I mean) it will retest bottoms before beginning the ascension. Meanwhile I may close the shorts on the */USD majors, price action on this H4 pending.

Wacko week, that's for sure. Friday..here we come!

Good luck.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,447
  • Jul 26, 2007 6:28pm Jul 26, 2007 6:28pm
Bank of England Deputy Governor John Gieve said this week that benchmark borrowing costs are probably ``restrictive'' at a six- year high of 5.75 percent.
http://www.bloomberg.com/apps/news?p...refer=currency
  • #21,448
  • Jul 26, 2007 6:41pm Jul 26, 2007 6:41pm
if it can break 410, should quickly go down another 100. that would complete a H&S on hourly
  • #21,449
  • Jul 26, 2007 6:54pm Jul 26, 2007 6:54pm
AAHHHHHHH.....LET'S GET READY TO RUUUMMMBBBLLLEEEE....
  • #21,450
  • Jul 26, 2007 7:20pm Jul 26, 2007 7:20pm
Quoting wwwin
Bank of England Deputy Governor John Gieve said this week that benchmark borrowing costs are probably ``restrictive'' at a six- year high of 5.75 percent.
http://www.bloomberg.com/apps/news?p...refer=currency
Thanks for this, have no idea when it will fire off though. Great thread you guys are keeping here, thank God none of the indicatoritis that took certain other threads like the plague

I always find maturity in the GBPUSD forum ( including bravado ). Always.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,451
  • Jul 26, 2007 7:28pm Jul 26, 2007 7:28pm
Quoting Plutonite
bravado
pips after pips. profits after profits.

a pro.
BAM BAM BOOM! -bravado
  • #21,452
  • Jul 26, 2007 7:30pm Jul 26, 2007 7:30pm
Quoting bravado
pips after pips. profits after profits.

a pro.
Oh great, now I regret writing it, what was I thinking
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #21,453
  • Jul 26, 2007 7:43pm Jul 26, 2007 7:43pm
Quoting Plutonite
Oh great, now I regret writing it, what was I thinking
http://fida.nomadlife.org/uploaded_i...rin-749583.gif
BAM BAM BOOM! -bravado
  • #21,454
  • Jul 26, 2007 8:34pm Jul 26, 2007 8:34pm
Quoting bravado
http://fida.nomadlife.org/uploaded_i...rin-749583.gif
Damn it... The best possible reply to this post is impossible to post...

Let's put this way: "Nice 'cat' bravado"...

  • #21,455
  • Jul 26, 2007 8:35pm Jul 26, 2007 8:35pm
Wow Global equities taking it sqaure on the chin
"Millionaires don't use astrology, billionaires do"
  • #21,456
  • Jul 26, 2007 8:43pm Jul 26, 2007 8:43pm
Quoting cesarnc
Damn it... The best possible reply to this post is impossible to post...

Let's put this way: "Nice 'cat' bravado"...

that's why it's time for you to take a nap right?
way past your bed time.
BAM BAM BOOM! -bravado
  • #21,457
  • Jul 26, 2007 8:44pm Jul 26, 2007 8:44pm
Quoting bravado
that's why it's time for you to take a nap right?
way past your bed time.

I think he wanted to touch that cat. if you know what i mean
  • #21,458
  • Jul 26, 2007 8:51pm Jul 26, 2007 8:51pm
Is anyone else having trouble with the 'Live Market Commentary' site? ......have not been able to use for over a week.
  • #21,459
  • Jul 26, 2007 10:05pm Jul 26, 2007 10:05pm
the markett has decided to turn....dont believe what u see the BIG BOYS are causing confusion.....I'll hedge @ 3800 for EUR and 0530 for GBP and none for CHF at the moment.....

shot eur 3770/3840.........aim @ 3100
short gbp 0326/0507.......aim @ 9850/9600 might even go further o 1900/1890
long chf 2038.................aim @ 2600


Breeze
  • #21,460
  • Jul 26, 2007 10:42pm Jul 26, 2007 10:42pm
on daily chart, wave iv completed... wave v should commence soon... my target at extended fibo 161.8 which is about 2.0792...
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