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Cable Update (GBPUSD)

  • #29,821
  • Sep 10, 2007 3:03pm Sep 10, 2007 3:03pm
Quoting allserene
yes i am using their demo account and on the verge of going live

I want to use the mini account where there is no need for .5 of a tick...

but those 5 digits are pesky and confusing

especially when your glasses are on upside down and you have had 3 gins

Yes I hate it, I wish they stop it and get back to normal
  • #29,822
  • Sep 10, 2007 3:04pm Sep 10, 2007 3:04pm
Quoting ashlee_17
i don't understand why the cable isn't following the euro!
I think it was due to the British hedge fund collapsing today.... Can't see other reason...
  • #29,823
  • Sep 10, 2007 3:05pm Sep 10, 2007 3:05pm
Quoting MPP
just to confuse us, also i don't like the way they opened late, i had a GJ trade in place and wanted to lock in the pips.

seems things are changing at FXCM, we wait to find out why
Yes I'm confused now with the 5 digits system, I'm not used to deal with it
  • #29,824
  • Sep 10, 2007 3:08pm Sep 10, 2007 3:08pm
Quoting benssol
and if it breaks 260, will we see 142/2020 again??
Below 128 is not good for cable longs
  • #29,825
  • Sep 10, 2007 3:19pm Sep 10, 2007 3:19pm
meanwhile.............

LEADING bankers are warning of the worst crisis in the money markets for 20 years, which will come to a head this week when $113 billion (£57 billion) of commercial paper – market IOUs – comes up for refinancing.

This huge refinancing, mainly through London, exceeds the $100 billion that became due in mid-August, and which sparked the most serious phase in the money-market crisis, which has seen banks scrambling for funds and market interest rates rising sharply. “This is a serious pressure point,” said one leading banker.
For he that would be deceived, let him.
  • #29,826
  • Sep 10, 2007 3:25pm Sep 10, 2007 3:25pm
Quoting pinchapip
meanwhile.............

LEADING bankers are warning of the worst crisis in the money markets for 20 years, which will come to a head this week when $113 billion (£57 billion) of commercial paper – market IOUs – comes up for refinancing.

This huge refinancing, mainly through London, exceeds the $100 billion that became due in mid-August, and which sparked the most serious phase in the money-market crisis, which has seen banks scrambling for funds and market interest rates rising sharply. “This is a serious pressure point,” said one leading banker.
Again, what it the expected outcome? I have no idea what is this all about...

Cable UP or cable DOWN?

P.S. Gees, every brand new day, brand new deals.... I'm gonna KILL that guy tha once introduce me to forex saying "just buy low and sell high"
  • #29,827
  • Sep 10, 2007 3:30pm Sep 10, 2007 3:30pm
Quoting cesarnc
Again, what it the expected outcome? I have no idea what is this all about...

Cable UP or cable DOWN?

P.S. Gees, every brand new day, brand new deals.... I'm gonna KILL that guy tha once introduce me to forex saying "just buy low and sell high"


you got that same sales pitch also.......

I had a feeling it couldn't be that easy.......

but I'm in it for the long haul.......
  • #29,828
  • Sep 10, 2007 3:32pm Sep 10, 2007 3:32pm
Up trend is kept. If closed above 2.0270, the following target are 2.0386, 2.0461, 2.0508. If closed below 2,0264 the target below 2,0152, 2,0057, 2,0020. http://img128.imageshack.us/img128/6...ailylc4.th.gif

Up trend is kept. If closed above 2.0264, the target above are 2.0325, 2.0386, 2.0434. If fixed under 2.0264, then target are 2.0244, 2.0203, 2.0142, 2.0020.
http://img128.imageshack.us/img128/3238/gbph4gb1.th.gif

Up trend is kept. The target above 2.0286, 2.0294, 2.0324, 2.0386. If we shall close below 2.0264 then target are 2.0244, 2.0233, 2.0225, 2.0201.
http://img128.imageshack.us/img128/3968/gbph1ym7.th.gif
  • #29,829
  • Sep 10, 2007 3:33pm Sep 10, 2007 3:33pm
Quoting Turtle


you got that same sales pitch also.......

I had a feeling it couldn't be that easy.......

but I'm in it for the long haul.......
LOL... those kind of news should come with a remark "cable bullish" or "cable bearish"......

Now there is this ghost of "commercial paper doomsday" poping in every news source I read and I have no idea what is the expected outcome... LOL...
  • #29,830
  • Sep 10, 2007 3:34pm Sep 10, 2007 3:34pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting cesarnc
Again, what it the expected outcome? I have no idea what is this all about...

Cable UP or cable DOWN?

P.S. Gees, every brand new day, brand new deals.... I'm gonna KILL that guy tha once introduce me to forex saying "just buy low and sell high"
nothings changed just buy hi and sell low, you will soon find that Forex is no longer an issue. LOL

trouble is your thinking to hard about it. trade what you see. Ok so i haven't been here long enough to start telling you what to do, but just lately you sound depressed so i thought i would just say

WAKE UP SOLDIER YOU'RE BETTER THAN THIS
  • #29,831
  • Sep 10, 2007 3:37pm Sep 10, 2007 3:37pm
Quoting I'm
Up trend is kept. If closed above 2.0270, the following target are 2.0386, 2.0461, 2.0508. If closed below 2,0264 the target below 2,0152, 2,0057, 2,0020. http://img128.imageshack.us/img128/6...ailylc4.th.gif

Up trend is kept. If closed above 2.0264, the target above are 2.0325, 2.0386, 2.0434. If fixed under 2.0264, then target are 2.0244, 2.0203, 2.0142, 2.0020.
http://img128.imageshack.us/img128/3238/gbph4gb1.th.gif

Up trend is kept. The target above 2.0286, 2.0294, 2.0324, 2.0386. If we shall close below 2.0264 then target are 2.0244, 2.0233, 2.0225, 2.0201.
http://img128.imageshack.us/img128/3968/gbph1ym7.th.gif
Hi I'm, you seems a big fan of Murry Math lines

do you read his book and letters??
if you read it, you will remove everything from the chart, and trade with the lines only, believe me
  • #29,832
  • Sep 10, 2007 3:41pm Sep 10, 2007 3:41pm
[DJ] Investors may feel a sense of calm on soothing words from the Fed, including a speech from Chairman Ben Bernanke Tuesday in Germany, but more economic reports this week will send another reality shock to financial markets, said Robert Fullem, vice president of U.S. corporate currency sales in New York at Bank of Tokyo-Mitsubishi UFJ Ltd. "(The dollar's) going to be in for a tough week," said Fullem.
  • #29,833
  • Sep 10, 2007 4:53pm Sep 10, 2007 4:53pm
Quoting benssol
"(The dollar's) going to be in for a tough week," said Fullem.
And all the Saints in Heaven say: AMEN
  • #29,834
  • Sep 10, 2007 4:59pm Sep 10, 2007 4:59pm
Since we can no longer trade the headlines, we can at least enjoy a good laugh at them...

Today they went more or less like this:

Sept 10 CNBC's Trying to Catch up headlines

9:30am - Stocks broadly higher on expectation of Fed's cut
11:00am- Stocks broadly lower on US recession concerns
1:00pm - Stocks erase losses but US economy concerns remain
4:00pm - Stocks closed mixed amid uncertainty over US economy

  • #29,835
  • Sep 10, 2007 5:19pm Sep 10, 2007 5:19pm
Quoting cesarnc
Since we can no longer trade the headlines, we can at least enjoy a good laugh at them...

Today they went more or less like this:

Sept 10 CNBC's Trying to Catch up headlines

9:30am - Stocks broadly higher on expectation of Fed's cut
11:00am- Stocks broadly lower on US recession concerns
1:00pm - Stocks erase losses but US economy concerns remain
4:00pm - Stocks closed mixed amid uncertainty over US economy



Your sense of humour is very refreshing in current tough market conditions, thank you for that !
  • #29,836
  • Sep 10, 2007 6:03pm Sep 10, 2007 6:03pm
Quoting mades


Your sense of humour is very refreshing in current tough market conditions, thank you for that !
I see no other way to survive this jungle LOL...
  • #29,837
  • Sep 10, 2007 8:01pm Sep 10, 2007 8:01pm
the main view is daaaark, reversal on the daily and it's confirmation working now, 4H also

lets see if 260 holds?
  • #29,838
  • Sep 10, 2007 8:06pm Sep 10, 2007 8:06pm
f@C$ what the hell is going on im loosing my pips....dude...
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #29,839
  • Sep 10, 2007 8:08pm Sep 10, 2007 8:08pm
Quoting benssol
the main view is daaaark, reversal on the daily and it's confirmation working now, 4H also

lets see if 260 holds?
we ae slowly drifting away from todays high....i really wish the pair hold the 0260
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #29,840
  • Sep 10, 2007 8:16pm Sep 10, 2007 8:16pm
Quoting got pips?
we ae slowly drifting away from todays high....i really wish the pair hold the 0260
I dont have opened position now but I wish also , I want to initiate one, any week must have at least 5 successful trades in cable or we are players
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