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Cable Update (GBPUSD)

  • #27,881
  • Aug 30, 2007 7:48am Aug 30, 2007 7:48am
Quoting Moe
intresting story.

http://www.forexfactory.com/showthread.php?t=44783
And with the Sept 18 interest rate meeting....talk about a perfect storm....
  • #27,882
  • Aug 30, 2007 7:50am Aug 30, 2007 7:50am
I have now 3 short trades
2.0051
2.0061
2.0076
AND I'M BORED
The 3 without SL and my brain stopped, I don't know what to do next
  • #27,883
  • Aug 30, 2007 7:52am Aug 30, 2007 7:52am
Quoting cesarnc
LOL.. I've read that already.... Seen from two sources: one of them not mentioning this bin laden stuff...

I think the bin-factor was added in the chatter to spice it a little.
it don't look good. im heading back to the bahamas for the month of sept, mainly beacuse i have a birthday comming in sept. wasn't plan on trading that much but il take small position's in sept till those options expire.
If I Go Broke Trying Then I Will die happy.
  • #27,884
  • Aug 30, 2007 7:53am Aug 30, 2007 7:53am
Quoting pino2
I have now 3 short trades
2.0051
2.0061
2.0076
AND I'M BORED
The 3 without SL and my brain stopped, I don't know what to do next
Will it be OK?
Hello World
  • #27,885
  • Aug 30, 2007 7:56am Aug 30, 2007 7:56am
Hey, can somebody tell me what happened to GDP to leave from 0.x% in the last quarter(i think) to 4% now?

The other wasn't the annualized?

Will this be another B/E trade day?

Hate sideways, hate triangles! Hate hate!
  • #27,886
  • Aug 30, 2007 7:56am Aug 30, 2007 7:56am
Quoting pino2
I have now 3 short trades
2.0051
2.0061
2.0076
AND I'M BORED
The 3 without SL and my brain stopped, I don't know what to do next
Hopefully the DOW will give you some direction...just don't get caught in a bear trap...you know these bulls are pissed from losing yesterday's profits so far.....
  • #27,887
  • Aug 30, 2007 7:57am Aug 30, 2007 7:57am
Quoting pino2
I have now 3 short trades
2.0051
2.0061
2.0076
AND I'M BORED
The 3 without SL and my brain stopped, I don't know what to do next
I would get the crap out of there... triangle was cracked again and the price bounced off the lower trendline...

That's what I see right now, but who knows?

My longs are locked at B/E already...
  • #27,888
  • Aug 30, 2007 7:59am Aug 30, 2007 7:59am
Quoting Turtle
Hopefully the DOW will give you some direction...just don't get caught in a bear trap...you know these bulls are pissed from losing yesterday's profits so far.....
How do we know about it?!
Hello World
  • #27,889
  • Aug 30, 2007 8:00am Aug 30, 2007 8:00am
From FXCM squawkbox

12:47 FX OPTIONS: Cable Range Option Specific London, August 30. Cable range trade to note from the US session late Wednesday - 2yr Cable 1.9000/2.1000 DNT said to have gone through @ 7.25 vs TV 0.90.Can someone please tell me what the "DNT" and "7.25 vs TV 0.90" refers to??....No idea about options.

Thanks
  • #27,890
  • Aug 30, 2007 8:00am Aug 30, 2007 8:00am
Quoting waf_1988
How do we know about it?!
It is overbought...
Hello World
  • #27,891
  • Aug 30, 2007 8:02am Aug 30, 2007 8:02am
I placed my SL @ 2.0190 (if reached I'll be losing -400 pips)
  • #27,892
  • Aug 30, 2007 8:03am Aug 30, 2007 8:03am
Quoting waf_1988
How do we know about it?!
About what??????
  • #27,893
  • Aug 30, 2007 8:04am Aug 30, 2007 8:04am
Quoting pino2
I placed my SL @ 2.0190 (if reached I'll be losing -400 pips)
If it hits there then I think Cesarnc will send you some Mr. Walker...
  • #27,894
  • Aug 30, 2007 8:06am Aug 30, 2007 8:06am
Quoting Turtle
About what??????
About Dow. What will Dow affect on the movement?

Now I've seen the pair bounced off after testing 61.8% fibo..Does it mean something?!
Hello World
  • #27,895
  • Aug 30, 2007 8:06am Aug 30, 2007 8:06am
trading in a market like this without no clear direction will burn you every time, sell buy sell buy sell buy oh shit i don't know, one of the rules posted in my office is ( when in doubt stay out )
If I Go Broke Trying Then I Will die happy.
  • #27,896
  • Aug 30, 2007 8:07am Aug 30, 2007 8:07am
"U.S. stock index futures pared their losses after a government report showed economic
growth held up in the second quarter despite turmoil from the housing sector.Even so, the futures remained in the red amid growing uncertainty about how soon the Federal Reserve may cut interest rates."

I say GO TO HELL!!!!

Dow put 250 yesterday because of Bernanke's dreaded letter. Now "uncertainty how soon".....

This is freaking unbelievable... and here comes damn cable to stop me out.

#$@%#$¨$@#%"""!!!!!!!!!!!!!!!!!
  • #27,897
  • Aug 30, 2007 8:07am Aug 30, 2007 8:07am
Cable sitting around 50% retrace of the days high and low.

Meanwhile Dow & S&P futures are near their lows from yesterdays close.
  • #27,898
  • Aug 30, 2007 8:09am Aug 30, 2007 8:09am
Quoting cesarnc
LOL.. I've read that already.... Seen from two sources: one of them not mentioning this bin laden stuff...

I think the bin-factor was added in the chatter to spice it a little.
don't recycle that bin story ...
here is the real one !


http://local.direct.gov.uk/LDGRedire...uth=24&map=3-x
  • #27,899
  • Aug 30, 2007 8:09am Aug 30, 2007 8:09am
I mentioned early today that I will stay watching in a zigzag market like, but I couldn't control my hands, that was my fault
  • #27,900
  • Aug 30, 2007 8:10am Aug 30, 2007 8:10am
What is the direction now?!
Hello World
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