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Cable Update (GBPUSD)

  • #29,201
  • Sep 5, 2007 8:16pm Sep 5, 2007 8:16pm
so cable must go down.. huh? ^^ bought short at 2.0196... with a conservative T/P and SL at 2.023.
  • #29,202
  • Sep 5, 2007 8:22pm Sep 5, 2007 8:22pm
Not expecting too much movement before interest rates....but only the market knows.....


Makes you wonder..........
  • #29,203
  • Sep 5, 2007 8:34pm Sep 5, 2007 8:34pm
when are interesting rates coming out?
  • #29,204
  • Sep 5, 2007 8:47pm Sep 5, 2007 8:47pm
Quoting invicta79
when are interesting rates coming out?
Check the calendar.........
  • #29,205
  • Sep 5, 2007 8:57pm Sep 5, 2007 8:57pm
Do you think the intrest rate will go up or down? or unchange?
"Invest With The Insiders, Not The Masses" George Muzea
  • #29,206
  • Sep 5, 2007 9:01pm Sep 5, 2007 9:01pm

hello guys,been a member of this site for a while and have been watching this thread for months now without post. i finally realized how important it is to be part of such a forum.i am not a pro but i learnt forex from scratch by studying on my own, i finally realized that to make pips you just have to analyze,wait wait, wait for that 1 or 2 of the 2 major Gbp/usd moves.made 80pips on that move yesterday. i hope to learn a lot from you guys.hola

  • #29,207
  • Edited 9:58pm Sep 5, 2007 9:03pm | Edited 9:58pm
Quoting Qu|cksilver
Do you think the intrest rate will go up or down? or unchange?

Unchanged......The Fed has to make the first move.

Anything else could shake the market.........

That could set up a nice trend though.......
  • #29,208
  • Sep 5, 2007 9:05pm Sep 5, 2007 9:05pm
Quoting Qu|cksilver
Do you think the intrest rate will go up or down? or unchange?
Unchanged... and i'll expect the pair going down to 0160 then 110 area as market reaction ...
NFP as we know, didn't move the pair much for 2 month ... but...
somehow I feel that NFP will make cable move this month, but where?
To be or not to be, that's the question
  • #29,209
  • Sep 5, 2007 9:06pm Sep 5, 2007 9:06pm
Quoting ephisi

hello guys,been a member of this site for a while and have been watching this thread for months now without post. i finally realized how important it is to be part of such a forum.i am not a pro but i learnt forex from scratch by studying on my own, i finally realized that to make pips you just have to analyze,wait wait, wait for that 1 or 2 of the 2 major Gbp/usd moves.made 80pips on that move yesterday. i hope to learn a lot from you guys.hola

you're welcome.....
and good jobs for your pips...
To be or not to be, that's the question
  • #29,210
  • Sep 5, 2007 9:12pm Sep 5, 2007 9:12pm
You are welcome... Welcome to Cable Update!

Quoting ephisi

hello guys,been a member of this site for a while and have been watching this thread for months now without post. i finally realized how important it is to be part of such a forum.i am not a pro but i learnt forex from scratch by studying on my own, i finally realized that to make pips you just have to analyze,wait wait, wait for that 1 or 2 of the 2 major Gbp/usd moves.made 80pips on that move yesterday. i hope to learn a lot from you guys.hola

"Invest With The Insiders, Not The Masses" George Muzea
  • #29,211
  • Sep 5, 2007 9:37pm Sep 5, 2007 9:37pm
Quoting hoezhiens
Unchanged... and i'll expect the pair going down to 0160 then 110 area as market reaction ...
NFP as we know, didn't move the pair much for 2 month ... but...
somehow I feel that NFP will make cable move this month, but where?
NFP can't be good this month. Not with the housing slump, because that is where most of the jobs came from the last few years. I think after poor NFP data the Feds lower rates. NFP will be the indicator for the Feds. Also the umemployment rate is coming out and that has to be worse. I haven't seen a good whip saw in a while maybe we are do. Friday is the day for this week.

"warning these thoughts aren't worth much so don't put any farms on the line."
  • #29,212
  • Sep 5, 2007 9:57pm Sep 5, 2007 9:57pm
Quoting Alabama
NFP can't be good this month. Not with the housing slump, because that is where most of the jobs came from the last few years. I think after poor NFP data the Feds lower rates. NFP will be the indicator for the Feds. Also the umemployment rate is coming out and that has to be worse. I haven't seen a good whip saw in a while maybe we are do. Friday is the day for this week.

"warning these thoughts aren't worth much so don't put any farms on the line."
i agree, i am also expecting some crazy whipsaw.but i really hope NFP would move the market well enuf, considering d last 2 months reaction to NFP .how do you trade when you expect a whip.
  • #29,213
  • Sep 5, 2007 10:04pm Sep 5, 2007 10:04pm
Quote
Anything else could shake the market.........

Okiez, let me think what I can do about this
Hello World!
  • #29,214
  • Sep 5, 2007 10:04pm Sep 5, 2007 10:04pm
thanks guys.
  • #29,215
  • Sep 5, 2007 10:08pm Sep 5, 2007 10:08pm
I think moon or deep swamp today...
.
  • #29,216
  • Sep 5, 2007 10:11pm Sep 5, 2007 10:11pm
if you know when you can wait and you know. if you do not know when then you just test (loose), test (loose) until when it arrives. so you cannot wait just do in the hope that the next will propell you out of the swamp.
.
  • #29,217
  • Sep 5, 2007 10:22pm Sep 5, 2007 10:22pm
Hi pino2 how r u?
.
  • #29,218
  • Sep 5, 2007 10:22pm Sep 5, 2007 10:22pm
it better not reach 2.0230! hehe...
  • #29,219
  • Sep 5, 2007 10:25pm Sep 5, 2007 10:25pm
There is your SL for your shorts? There I add more longs.
.
  • #29,220
  • Sep 5, 2007 10:27pm Sep 5, 2007 10:27pm
Quoting invicta79
it better not reach 2.0230! hehe...
It better be on that level... I chewed a little loss yesterday, and I need it to go there today... Or maybe if it is not, I'll get lucky by having shorts on "known" level...

How's trading bullrock?!
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