Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#22,961
Aug 8, 2007 3:28am Aug 8, 2007 3:28am

lnefx
| Joined Apr 2007 | Status: P.I.P. | 44 Posts

Quoting Big Wave Rider

Disliked

What time is this inflation report?

Ignored

5:30 EDT GBP BOE Inflation Report

#22,962
Aug 8, 2007 3:32am Aug 8, 2007 3:32am

Big Wave Rider
Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts

thanks

Just Trade It

#22,963
Aug 8, 2007 3:51am Aug 8, 2007 3:51am

Islander
Joined Jan 2007 | Status: Trader | 11,838 Posts

What a great example of the use of the daily pivots.....the Europeans dropped cable 60 pips in 20 mins to hit S1, then the Brits took it all the way up to the Daily Pivot - 2.0247 where it stopped dead.

The Euro also bounced off its S1, but so far has failed to break above its early morning highs and get up to its DP at 1.3765

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Trading Levels with WRBs

#22,964
Aug 8, 2007 3:52am Aug 8, 2007 3:52am

OrionsWay
Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts

better try warpers trade, short yen 19.20

"Millionaires don't use astrology, billionaires do"

#22,965
Aug 8, 2007 4:02am Aug 8, 2007 4:02am

pacman962
| Joined Jul 2007 | Status: Trader | 44 Posts

Quoting Islander

Disliked

What a great example of the use of the daily pivots.....the Europeans dropped cable 60 pips in 20 mins to hit S1, then the Brits took it all the way up to the Daily Pivot - 2.0247 where it stopped dead.

The Euro also bounced off its S1, but so far has failed to break above its early morning highs and get up to its DP at 1.3765

Ignored

Now, it's up to the important BOE inflation report. The pound is going to take off if it's good or down to lower 2.100.

#22,966
Aug 8, 2007 4:07am Aug 8, 2007 4:07am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Quoting de123

Disliked

Yes....price in the inflation news ....so
1. go long until ur 266 then

2. go short and close shorts tomorow if the goods turned out to be good, 10:30 GBPTrade Balance http://www.forexfactory.com/images/m...mpact_high.gif
-6.5B-6.3B

3. or add some more shorts at 2.0150, tp 2.0066

just kidding....i may found myself in loussy calls....i dont wona be the 4th....

Ignored

Don't be positive about this de123. To deserve the name printed on the board, you must call for 300+ pips in one way to watch cable going 600 to the other

That's a "lousy call"

#22,967
Aug 8, 2007 4:16am Aug 8, 2007 4:16am

pino2
Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts

Quoting cesarnc

Disliked

Don't be positive about this de123. To deserve the name printed on the board, you must call for 300+ pips in one way to watch cable going 600 to the other

That's a "lousy call"

Ignored

#22,968
Aug 8, 2007 4:20am Aug 8, 2007 4:20am