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Cable Update (GBPUSD)

  • #26,121
  • Aug 22, 2007 3:18am Aug 22, 2007 3:18am
Quote
Are those brittons finished having their breakfast yet??? No movement so far.. Are we gonna trade today or not???

I think GU and EU are waiting for below data, hope there isn't a U turn ahead, hedging gets real hard. Its undoubtedly getting very very boring now, though also a bit scaring like its silence before a storm.


EU - Industrial New Orders YoY
Forecast: 12.4% Previous: 9.1% GMT Time: 09:00

EU - Industrial New Orders YoY
Forecast: n/a Previous: 9.1% GMT Time: 09:00

UK - U.K. CBI August Industrial Trends Survey
Forecast: n/a Previous: n/a GMT Time: 10:00
Hello World!
  • #26,122
  • Aug 22, 2007 3:31am Aug 22, 2007 3:31am
Quoting ClockTrader
I think GU and EU are waiting for below data, hope there isn't a U turn ahead, hedging gets real hard. Its undoubtedly getting very very boring now, though also a bit scaring like its silence before a storm.


EU - Industrial New Orders YoY
Forecast: 12.4% Previous: 9.1% GMT Time: 09:00

EU - Industrial New Orders YoY
Forecast: n/a Previous: 9.1% GMT Time: 09:00

UK - U.K. CBI August Industrial Trends Survey
Forecast: n/a Previous: n/a GMT Time: 10:00
Not sure if that kind of data can move market very far. But u might be right.. we are looking for some trigger to move the market here. Just hoping that its not Friday data. I sucks BIG TIME on quiet market like this.
  • #26,123
  • Aug 22, 2007 3:34am Aug 22, 2007 3:34am
Quoting dd33
No?? Good for u then. Yesterday was hard for me. Stopped out most of the time. Hopefully the remaining week will be better than yesterday.
I have been stopped a couple of times as well but my tps saved my butt so breakeven.
.
  • #26,124
  • Aug 22, 2007 3:40am Aug 22, 2007 3:40am
Quoting bullrock
I have been stopped a couple of times as well but my tps saved my butt so breakeven.
Also it has nothing to do with news... as far as I am concerned, the news have no effect whatsoever on my trading decisions... probably on my results yes.
.
  • #26,125
  • Aug 22, 2007 3:41am Aug 22, 2007 3:41am
Quoting mr.m
i think bullish....target: 2.01
The bearish mode remains I think.
.
  • #26,126
  • Aug 22, 2007 3:46am Aug 22, 2007 3:46am
Quoting dd33
Are those brittons finished having their breakfast yet??? No movement so far.. Are we gonna trade today or not???
Drinking our coffees and orange juices.
.
  • #26,127
  • Aug 22, 2007 3:59am Aug 22, 2007 3:59am
A market like this can fry your braincells out and makes you want to open the window, grasp a little and then shout a couple of dozen cursing words...

Problem is. In the very minute you turn your head, a 100 pips breakout goes off....

So... The neighborhood is safe here... For now.
  • #26,128
  • Aug 22, 2007 3:59am Aug 22, 2007 3:59am
Quoting bullrock
Drinking our coffees and orange juices.
Drinking my coffee rite now.. Btw Bullrock.. are u the one that trading from HK??
  • #26,129
  • Aug 22, 2007 4:00am Aug 22, 2007 4:00am
Quoting bullrock
Drinking our coffees and orange juices.
I am going out for a couple of hours....whats the bet all hell breaks loose while I am gone......
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #26,130
  • Aug 22, 2007 4:02am Aug 22, 2007 4:02am
Quoting dd33
Drinking my coffee rite now.. Btw Bullrock.. are u the one that trading from HK??
London, near Green Park
.
  • #26,131
  • Aug 22, 2007 4:11am Aug 22, 2007 4:11am
Quoting cesarnc
A market like this can fry your braincells out and makes you want to open the window, grasp a little and then shout a couple of dozen cursing words...

Problem is. In the very minute you turn your head, a 100 pips breakout goes off....

So... The neighborhood is safe here... For now.

Are u sure cesar?? Not aiming ur gun at some guy at the nearest bus station viewable from ur window and do some shooting practice??
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  • #26,132
  • Aug 22, 2007 4:14am Aug 22, 2007 4:14am
cable loose teeth...
To be or not to be, that's the question
  • #26,133
  • Aug 22, 2007 4:27am Aug 22, 2007 4:27am
Quoting cesarnc
A market like this can fry your braincells out and makes you want to open the window, grasp a little and then shout a couple of dozen cursing words...

Problem is. In the very minute you turn your head, a 100 pips breakout goes off....

So... The neighborhood is safe here... For now.
grasp or gasp ?

grasping is a good way to wait for something to happen
  • #26,134
  • Aug 22, 2007 4:28am Aug 22, 2007 4:28am
Quoting bullrock
London, near Green Park
I see..
  • #26,135
  • Aug 22, 2007 4:35am Aug 22, 2007 4:35am
I'm liking this latest move. I was kind of worried when I click buy last night. I hope the news in 30mins is # positive. Go # Go.
  • #26,136
  • Aug 22, 2007 4:40am Aug 22, 2007 4:40am
Quoting bullrock
The bearish mode remains I think.
yeah, seems like it now..but still i think if 9907 is breached then the mode could change..otherwise the bears may be in control...although what levels are u seeing? i think it should only about test the 9620s - again a break below 9740 needed to confirm the bear run!
  • #26,137
  • Aug 22, 2007 4:46am Aug 22, 2007 4:46am
Quoting mr.m
yeah, seems like it now..but still i think if 9907 is breached then the mode could change..otherwise the bears may be in control...although what levels are u seeing? i think it should only about test the 9620s - again a break below 9740 needed to confirm the bear run!
Whatever
.
  • #26,138
  • Aug 22, 2007 4:54am Aug 22, 2007 4:54am
I should have slept through this session.
  • #26,139
  • Aug 22, 2007 4:57am Aug 22, 2007 4:57am
Quoting maverick
I should have slept through this session.
no kidding
Trade what you see, not what you think.
  • #26,140
  • Aug 22, 2007 5:00am Aug 22, 2007 5:00am
I would like to see what ny has to bring. Anyone has any ideas?
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