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Cable Update (GBPUSD)

  • #27,821
  • Aug 30, 2007 5:13am Aug 30, 2007 5:13am
lunch here 2...
its just money
  • #27,822
  • Aug 30, 2007 5:13am Aug 30, 2007 5:13am
Quoting cesarnc
So? Nothing. I just said this is a classic.

Or are you short right now with TP under 2.0, like your call suggests....?
Shorted
[email protected], 2.0110, 2.0070
[email protected]
TP for 1/3 @ 2.0040 2/3 @ 2.000 and 1/3 no TP

A rare case when I am revealing what the heck I am doing... (The only case from now)
.
  • #27,823
  • Aug 30, 2007 5:15am Aug 30, 2007 5:15am
Quoting cesarnc
Dow -60... I hate those damn newswires... Nothing about this spike yet
Oh man...Still staying out the market?!
Hello World
  • #27,824
  • Aug 30, 2007 5:15am Aug 30, 2007 5:15am
Quoting Turtle
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........
I am with you... I have lost twice because of that crap level...
.
  • #27,825
  • Aug 30, 2007 5:15am Aug 30, 2007 5:15am
If 3600 breaks on the Euro could see the pound break 0050.....

I'm in scalping mode.......
  • #27,826
  • Aug 30, 2007 5:21am Aug 30, 2007 5:21am
Quoting waf_1988
Oh man...Still staying out the market?!
I said, I'm not going to short this market today... We had a higher high yesterday (compared to the previous day). Want to see today's bottom now, to make up my mind. A higher low would confirm weakness of the down move. A lower low would let me as clueless as I am right now. Worst case scenario, I'm clueless with the money in the bank
  • #27,827
  • Aug 30, 2007 5:22am Aug 30, 2007 5:22am
those who short including me just be very becarefull i have a feeling that pound will shoot up like rocket!
"Invest With The Insiders, Not The Masses" George Muzea
  • #27,828
  • Aug 30, 2007 5:26am Aug 30, 2007 5:26am
Quoting Qu|cksilver
those who short including me just be very becarefull i have a feeling that pound will shoot up like rocket!
Why?! Is that just your feeling or what?!
Hello World
  • #27,829
  • Aug 30, 2007 5:28am Aug 30, 2007 5:28am
Quoting Qu|cksilver
those who short including me just be very becarefull i have a feeling that pound will shoot up like rocket!
You never know.... Just be prepared as always...
.
  • #27,830
  • Aug 30, 2007 5:32am Aug 30, 2007 5:32am
My target is 1.9700 for now with my positions but you never know.... might change to 2.0700
.
  • #27,831
  • Aug 30, 2007 5:35am Aug 30, 2007 5:35am
2.0050 is the door for further down moves, this is an important level today
It touched 2.0051 and then went up playing in the 60's & 70's
  • #27,832
  • Aug 30, 2007 5:35am Aug 30, 2007 5:35am
Quoting bullrock
My target is 1.9700 for now with my positions but you never know.... might change to 2.0700
1.97 levels?! Target of the week?!
Hello World
  • #27,833
  • Aug 30, 2007 5:37am Aug 30, 2007 5:37am
Quoting pino2
2.0050 is the door for further down moves, this is an important level today
It touched 2.0051 and then went up playing in the 60's & 70's
How if the news release help?!
Hello World
  • #27,834
  • Aug 30, 2007 5:41am Aug 30, 2007 5:41am
Quoting waf_1988
1.97 levels?! Target of the week?!
IMPOSSIBLE
  • #27,835
  • Aug 30, 2007 5:41am Aug 30, 2007 5:41am
Quoting waf_1988
How if the news release help?!
I think the GDP will impact the stock market mostly. As forecast or better would reinforce that economy growth is not suffering with the financial problems. A bad figure would inspire panic.

Currencies to follow the lead.
  • #27,836
  • Aug 30, 2007 5:44am Aug 30, 2007 5:44am
Quote
my target is 1.9700 for now with my positions but you never know.... might change to 2.0700

Amusing, wish you Good Luck :-)
Hello World!
  • #27,837
  • Aug 30, 2007 5:45am Aug 30, 2007 5:45am
Quoting cesarnc
I think the GDP will impact the stock market mostly. As forecast or better would reinforce that economy growth is not suffering with the financial problems. A bad figure would inspire panic.

Currencies to follow the lead.
As far as I know, the dollar and the dow move in an opposite direction, one up, other must be down... IS it true?! Please advise...

How good does the news impact on the GU?
Hello World
  • #27,838
  • Aug 30, 2007 5:46am Aug 30, 2007 5:46am
Quoting cesarnc
Just got the news Turtle. I think the problem wasn't the operation per se. But this:

"A Bank of England spokeswoman declined to comment on the identity of the borrower."


Just read that article on Bloomberg.....that puts some questions into my mind when you won't reveal the borrower.....How come???? What is so hush hush that you can't tell me????????
  • #27,839
  • Aug 30, 2007 5:48am Aug 30, 2007 5:48am
Quote
i have a feeling that pound will shoot up like rocket!

your and my feelings do match and I'm just looking for an opportunity, just dieing to enter long, don't care for loss or profit, but just want to go on a looooonnnnngggg drive
Hello World!
  • #27,840
  • Aug 30, 2007 5:57am Aug 30, 2007 5:57am
Quoting waf_1988
As far as I know, the dollar and the dow move in an opposite direction, one up, other must be down... IS it true?! Please advise...

How good does the news impact on the GU?
I'll jump in the carries faster and bigger response.
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munlee