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Cable Update (GBPUSD)

  • #29,241
  • Sep 6, 2007 2:51am Sep 6, 2007 2:51am
Quoting de123
anybody nervous?...stocks in uk retreat from yesterdays lows...i think cable will be short term bearish, long term bullish if it will be no hike....if a hike 444 on the way to 555, if a cut 111 on the way to 9888....any of this situation might happen anyway, just no so likely...well thats my view pls dont trade, or u will loose...
do you like triple number? how about 1.1111 or 2.2222?

To be or not to be, that's the question
  • #29,242
  • Sep 6, 2007 2:56am Sep 6, 2007 2:56am
yes i do, ....2.2222 will be seen in future if 1.9999 will never be seen again....triple numbers are pivot numbers to me.
its just money
  • #29,243
  • Sep 6, 2007 3:01am Sep 6, 2007 3:01am
I don't know why I feel that cable will go down and break 2.0018 this week, I might be wrong, but please cesar, act as if you didn't read this so as not to add me in the hall of fame list
  • #29,244
  • Sep 6, 2007 3:05am Sep 6, 2007 3:05am
Quoting hoezhiens
do you like triple number? how about 1.1111 or 2.2222?

My favorite number will be 8.8888.. But that will surely put me on the Hall of Fame
  • #29,245
  • Sep 6, 2007 3:10am Sep 6, 2007 3:10am
Pino, what makes you think cable will break 2.0018?
"Invest With The Insiders, Not The Masses" George Muzea
  • #29,246
  • Sep 6, 2007 3:10am Sep 6, 2007 3:10am
This bull looks lame or too slow, I made 0.25% today, its a booty for me, lolz I'm a happy man

and I shall stay out now :-)
Hello World!
  • #29,247
  • Sep 6, 2007 3:12am Sep 6, 2007 3:12am
Quoting pino2
I don't know why I feel that cable will go down and break 2.0018 this week, I might be wrong, but please cesar, act as if you didn't read this so as not to add me in the hall of fame list
I think that the call must be more than 400 pips to the other directions.. so in order for u to get into the list.. cable must climb until 2.0418..
  • #29,248
  • Sep 6, 2007 3:16am Sep 6, 2007 3:16am
Quoting pino2
I don't know why I feel that cable will go down and break 2.0018 this week, I might be wrong, but please cesar, act as if you didn't read this so as not to add me in the hall of fame list
LOL... Not elegible, pino. First call must be 300+ pips out of the current price, the move the double of the call in the other way and you must post 5 times / page saying you're right....

You people think it's easy to go to the Hall of Fame. It's not. You must be BAAAAADDDD, really BBBAAAADDDD....

Well, if the currencies detached from the US market yesterday, so did Asian and European markets so far. ECB put some cash in today.

But right now, things are quite in the market as I believe it wil be for the whole day in case of no-changes....
  • #29,249
  • Sep 6, 2007 3:25am Sep 6, 2007 3:25am
morning all, and what a nice morning it is don't you just love it when things go your way .. ANyways being it the big interest day and there probably going to be resistance at fibonachi level at 268 well i decided to close another 10% of yesterdays position at 50. ANd i moved my stop loss to +35 for the remainder.
  • #29,250
  • Sep 6, 2007 3:28am Sep 6, 2007 3:28am
Quoting Qu|cksilver
Pino, what makes you think cable will break 2.0018?
Cable was fighting last week to break 2.0190 area, and when it succeeded, it failed to reach more than 2.0230 in the last week, then this week it started to fight again to reach this level, and when it reached it, it is acting unsteady and slow in moving upward, but if it holds above the support and didn't reach 2.0177 today, so it won't go down and will keep on moving higher, any failure in this area, might bring cable down to restest 2.0042

Figures to watch today, 2.0177, and the famous 2.0160 the star of this week and last week, (so far it is the star of the month) and also watch 2.0294

A break of 2.0160 is the door for going down, and the break of 2.0294 is the door for going up
  • #29,251
  • Sep 6, 2007 3:29am Sep 6, 2007 3:29am
am i too late to enter position now? It's already 50pips move.. do we have another 100 pip move for the next hours?
  • #29,252
  • Sep 6, 2007 3:33am Sep 6, 2007 3:33am
Quoting cesarnc
LOL... Not elegible, pino. First call must be 300+ pips out of the current price, the move the double of the call in the other way and you must post 5 times / page saying you're right....

You people think it's easy to go to the Hall of Fame. It's not. You must be BAAAAADDDD, really BBBAAAADDDD....

Well, if the currencies detached from the US market yesterday, so did Asian and European markets so far. ECB put some cash in today.

But right now, things are quite in the market as I believe it wil be for the whole day in case of no-changes....
Thanks for posting the rules
  • #29,253
  • Sep 6, 2007 3:38am Sep 6, 2007 3:38am
Quoting pino2
Cable was fighting last week to break 2.0190 area, and when it succeeded, it failed to reach more than 2.0230 in the last week, then this week it started to fight again to reach this level, and when it reached it, it is acting unsteady and slow in moving upward, but if it holds above the support and didn't reach 2.0177 today, so it won't go down and will keep on moving higher, any failure in this area, might bring cable down to restest 2.0042

Figures to watch today, 2.0177, and the famous 2.0160 the star of this week and last week, (so far it is the star of the month) and also watch 2.0294

A break of 2.0160 is the door for going down, and the break of 2.0294 is the door for going up
IMO 269 (61.8 fibo) is the door for going up. Pino, if i may ask wheres 294 came from?
  • #29,254
  • Sep 6, 2007 3:59am Sep 6, 2007 3:59am
Quoting FatCat
am i too late to enter position now? It's already 50pips move.. do we have another 100 pip move for the next hours?
you can always wait for a nice pullback if you think going long or you can wait until 268 to go short
  • #29,255
  • Sep 6, 2007 4:10am Sep 6, 2007 4:10am
Quoting lexazver
you can always wait for a nice pullback if you think going long or you can wait until 268 to go short
Might be a good idea, I'm thinking to short arround this figure with SL @ 2.0294
  • #29,256
  • Sep 6, 2007 4:12am Sep 6, 2007 4:12am
I had a short @ 2.0221 early today with SL @ 2.0230, but SL was hit
  • #29,257
  • Sep 6, 2007 4:13am Sep 6, 2007 4:13am
Oh-oh....

Hey guys, we were always looking at 0220/0230 as a level to go long, now that cable is 200 pips off the lows, yesterday's high breached, you guys are looking for a price to go short????

OK, it's your call and market has been crazy. But look out on going against a move that still has its strength.

On my side, I see better risk reward in going long around here with stop at 0220 area
  • #29,258
  • Sep 6, 2007 4:14am Sep 6, 2007 4:14am
Ok, will short at 2.0280 SL 20pip.
  • #29,259
  • Sep 6, 2007 4:20am Sep 6, 2007 4:20am
data's for GBP were not that good a while ago......did cable just ignored it and went against it....?
  • #29,260
  • Sep 6, 2007 4:22am Sep 6, 2007 4:22am
Quoting cesarnc
Oh-oh....

Hey guys, we were always looking at 0220/0230 as a level to go long, now that cable is 200 pips off the lows, yesterday's high breached, you guys are looking for a price to go short????

OK, it's your call and market has been crazy. But look out on going against a move that still has its strength.

On my side, I see better risk reward in going long around here with stop at 0220 area
I think u have quote about this before.. something like "always trade with the trend. Even if the trend is to trade against the trend"????
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