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Cable Update (GBPUSD)

  • #27,801
  • Aug 30, 2007 4:50am Aug 30, 2007 4:50am
Quoting bullrock
In the morning I said it might smash 2.0000
LOL...

Classic
  • #27,802
  • Aug 30, 2007 4:51am Aug 30, 2007 4:51am
I closed my short trades
2.0109 @ 2.0068 (+37 pips)
2.0099 @ 2.0068 (+27 pips)
  • #27,803
  • Aug 30, 2007 4:52am Aug 30, 2007 4:52am
Quoting de123
it will never go below 2.0...
It's back inside of the damn triangle....

lower trendline is in the 0050 area.... Could be a good price to place a SL IF (IF) if bounces from there.... I'm not jumping in longs inside of a bearish 1hr though... no way
Quote
I closed my short trades
2.0109 @ 2.0068 (+37 pips)
2.0099 @ 2.0068 (+27 pips)

LOL, you're a sniper pino...
  • #27,804
  • Aug 30, 2007 4:55am Aug 30, 2007 4:55am
2.00039 might be reached, so if long SL, at 31-33, but what do i know,..im just playing with u...
its just money
  • #27,805
  • Aug 30, 2007 4:56am Aug 30, 2007 4:56am
So let's see what the CBI news at 6am est gives us??????
  • #27,806
  • Aug 30, 2007 4:56am Aug 30, 2007 4:56am
Short GJ shooooort 300p
  • #27,807
  • Aug 30, 2007 4:57am Aug 30, 2007 4:57am
Quoting cesarnc
It's back inside of the damn triangle....

lower trendline is in the 0050 area.... Could be a good price to place a SL IF (IF) if bounces from there.... I'm not jumping in longs inside of a bearish 1hr though... no way

LOL, you're a sniper pino...
A possible bear ya... Still got your 51% bullish today?! Or join me?!

Retracement on due after the close of hourly candle...
Hello World
  • #27,808
  • Aug 30, 2007 5:00am Aug 30, 2007 5:00am
Quoting waf_1988
A possible bear ya... Still got your 51% bullish today?! Or join me?!

Retracement on due after the close of hourly candle...
LOL. Not anymore....

Something hit the market right now. and bad... Dow futures spiked down, now -30. Eurostocks off highs, carry unwinding...

And I'm flying blind here without knowing what's going on.... So... OUT. I want a bargain for another one of those +200 pips up
  • #27,809
  • Aug 30, 2007 5:01am Aug 30, 2007 5:01am
A storm came, I got brainwashed, closed all of my Gold short positions, hummmuummmmm

But its ok, after all its Forex and ain't God

Small profit is good sometimes :-)
Hello World!
  • #27,810
  • Aug 30, 2007 5:01am Aug 30, 2007 5:01am
Quoting de123
it will never go below 2.0...
That is your problem.. There is 53.2% probability that it will go under and then further...
.
  • #27,811
  • Aug 30, 2007 5:03am Aug 30, 2007 5:03am
Quoting cesarnc
LOL...

Classic
Classic what cesarnc??? Most of the time I am wrong... I tell that too! So???
.
  • #27,812
  • Aug 30, 2007 5:03am Aug 30, 2007 5:03am
Quoting cesarnc
LOL. Not anymore....

Something hit the market right now. and bad... Dow futures spiked down, now -30. Eurostocks off highs, carry unwinding...

And I'm flying blind here without knowing what's going on.... So... OUT. I want a bargain for another one of those +200 pips up
CBI news didn't help the pound either........
  • #27,813
  • Aug 30, 2007 5:05am Aug 30, 2007 5:05am
Quoting bullrock
That is your problem.. There is 53.2% probability that it will go under and then further...
Shorted the pair @ 2.0075. The bear is strong today, shall we see "some" levels today? What do you think, bullrock?
Hello World
  • #27,814
  • Aug 30, 2007 5:05am Aug 30, 2007 5:05am
Quoting bullrock
In the morning I said it might smash 2.0000

AGREE!!!

To be or not to be, that's the question
  • #27,815
  • Aug 30, 2007 5:08am Aug 30, 2007 5:08am
Quoting waf_1988
Shorted the pair @ 2.0075. The bear is strong today, shall we see "some" levels today? What do you think, bullrock?
I do not know now... Lunchtime i will check the graphs for you and let you know... But be careful because of the triangle thing... Keep your SLs (mental of physical) at hand....
.
  • #27,816
  • Aug 30, 2007 5:10am Aug 30, 2007 5:10am
Quoting bullrock
Classic what cesarnc??? Most of the time I am wrong... I tell that too! So???
So? Nothing. I just said this is a classic.

Or are you short right now with TP under 2.0, like your call suggests....?
  • #27,817
  • Aug 30, 2007 5:10am Aug 30, 2007 5:10am
I know there is some piss off traders in London (including me)...they get to 0180 only to lose all their efforts the next day......already twice this week.

The fight to say above 2.0000 should be a good one...Bernanke's speech could be the deciding factor........
  • #27,818
  • Aug 30, 2007 5:11am Aug 30, 2007 5:11am
Fashion is so fickle

a few months ago and in fact for the last 2 years it was all 'twin deficits' and the USD was losing ground every week even though GDP was ok...

Now its all about US gdp and nobody ever mentions 'twin deficits' - its just about whether gdp is ok still- and sometimes the answer is 'no' but the USD goes up as a safe haven - and some times it is yes and the USD goes up because there might not be a FED cut..

Everyone has totally forgotten the 'twin deficits ' which have been the prime mover for 2 years

Will they come back to take centre (center) stage again or are they irrelevant now and everyone was taking too much notice of them for 2 years and really cable should never have moved from 1.74

This market reminds me of the Iranian hostage rescue attempt where all the helicopters were going round in circles and crashing into each other
  • #27,819
  • Aug 30, 2007 5:12am Aug 30, 2007 5:12am
Quoting bullrock
I do not know now... Lunchtime i will check the graphs for you and let you know... But be careful because of the triangle thing... Keep your SLs (mental of physical) at hand....
Short @ 2.0075, S/L @ 2.01, T/P @ 2.00.

Setting up like this, all I need to see is the news release on the US session. Shall the news signal bad, closing will be manual

Do you have any position already?!
Hello World
  • #27,820
  • Aug 30, 2007 5:12am Aug 30, 2007 5:12am
Dow -60... I hate those damn newswires... Nothing about this spike yet
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