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Cable Update (GBPUSD)

  • #29,141
  • Sep 5, 2007 10:54am Sep 5, 2007 10:54am
Quoting lexazver
why does 80s level always have to put up a fight...
Simple: the 80's had the best music and films!
  • #29,142
  • Sep 5, 2007 10:56am Sep 5, 2007 10:56am
Quoting WTB
Simple: the 80's had the best music and films!

I hear that......old school.........
  • #29,143
  • Edited 11:13am Sep 5, 2007 11:02am | Edited 11:13am
I remain Long and i see 2.0400 by friday.... and with adp non farm employment change which of course would be bad there should be more bulls on gu...
  • #29,144
  • Sep 5, 2007 11:05am Sep 5, 2007 11:05am
Quoting chimex
I remain Long and i see 2.0400 by friday....
Your analysis? A picture or something? Or just thought about a number?
.
  • #29,145
  • Sep 5, 2007 11:08am Sep 5, 2007 11:08am
Quoting chimex
I remain Long and i see 2.0400 by friday....
wow thats up there...but the way shit is going i think it could be possible.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #29,146
  • Sep 5, 2007 11:12am Sep 5, 2007 11:12am
Quoting chimex
I remain Long and i see 2.0400 by friday....
Interest Rates tomorrow!

VERY risky to keep a possition open through the rates announcements!
  • #29,147
  • Sep 5, 2007 11:36am Sep 5, 2007 11:36am
Quoting WTB
Interest Rates tomorrow!

VERY risky to keep a possition open through the rates announcements!
WTB,

How have you found the trading week so far?
  • #29,148
  • Sep 5, 2007 11:37am Sep 5, 2007 11:37am
Quoting WTB
Interest Rates tomorrow!

VERY risky to keep a possition open through the rates announcements!
From my analysis i do not think news would cause much movements just retracements meanwhile my stops are at +10 incase i am wrong
  • #29,149
  • Sep 5, 2007 11:38am Sep 5, 2007 11:38am
Quoting WTB
Interest Rates tomorrow!

VERY risky to keep a possition open through the rates announcements!
I beg you pardon. It is ALWAYS RISKY THESE DAYS.
.
  • #29,150
  • Sep 5, 2007 11:45am Sep 5, 2007 11:45am
Quoting maverick
WTB,

How have you found the trading week so far?
Two trades so far for me, one on EURCAD yesterday for +6 pips and one on NZDCHF for +40 pips today (half out and half still running at +98 as of right now). You can see the videos on my blog if you want.
  • #29,151
  • Sep 5, 2007 11:47am Sep 5, 2007 11:47am
Quoting chimex
From my analysis i do not think news would cause much movements just retracements meanwhile my stops are at +10 incase i am wrong
Interest Rates are not just "news". They are the baddest kid in the block and a surprise on the announcement (or the speech) could turn your charts upside down.
  • #29,152
  • Sep 5, 2007 12:02pm Sep 5, 2007 12:02pm
Quoting WTB
Two trades so far for me, one on EURCAD yesterday for +6 pips and one on NZDCHF for +40 pips today (half out and half still running at +98 as of right now). You can see the videos on my blog if you want.

That's great!
  • #29,153
  • Sep 5, 2007 12:14pm Sep 5, 2007 12:14pm
its stuck between 2,0220-2.0230!!
  • #29,154
  • Sep 5, 2007 12:15pm Sep 5, 2007 12:15pm
the present Cable's level is weak

I think it will again fall down tomorrow
  • #29,155
  • Edited 12:18pm Sep 5, 2007 12:17pm | Edited 12:18pm
Quoting FxLuke
the present Cable's level is weak

I think it will again fall down tomorrow

At what price level would you say?
  • #29,156
  • Sep 5, 2007 12:37pm Sep 5, 2007 12:37pm
Quoting maverick
At what price level would you say?

I mean it won't go up significantly

but it will again fall down tomorrow when the major news will appear
  • #29,157
  • Sep 5, 2007 1:35pm Sep 5, 2007 1:35pm
is .0200 going to hold or not?
  • #29,158
  • Sep 5, 2007 1:37pm Sep 5, 2007 1:37pm
LOL... just got back... this market is so funny...

  • #29,159
  • Sep 5, 2007 1:40pm Sep 5, 2007 1:40pm
UK interest rates Thursday - when I say I have sold my house you guys can bet on a hike..

until then rates are flat at best - UK economy is going down faster than a blow up doll at the ripper's house...

But we know that doesn't mean 'no violent swings' following the announcement don't we ?

been caught like that before haven't we ? - applying logic and funnymentals ? not this time...
  • #29,160
  • Sep 5, 2007 1:43pm Sep 5, 2007 1:43pm
What's expected for the rates tomorrow, and how will it affect the gbp/usd?
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