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Cable Update (GBPUSD)

  • #1,621
  • Dec 13, 2006 8:33am Dec 13, 2006 8:33am
I actually want cable to go down, but let's see.

However, on my chart the fibo is @ ~9600 rather than 9627
Consistency and patience is everything
  • #1,622
  • Dec 13, 2006 8:36am Dec 13, 2006 8:36am
9604 - I think now it has hit the fib! break or bounce???
Consistency and patience is everything
  • #1,623
  • Dec 13, 2006 8:39am Dec 13, 2006 8:39am
Just went past my S1 line at 9614.
  • #1,624
  • Dec 13, 2006 8:42am Dec 13, 2006 8:42am
Quoting Geldmeister
I actually want cable to go down, but let's see.

However, on my chart the fibo is @ ~9600 rather than 9627
Yep..im also looking that area as "Hunting area"..cos the short term BULL start from that area..i guess many trader already put their SL around that 00"
  • #1,625
  • Dec 13, 2006 8:50am Dec 13, 2006 8:50am
After 16:00 GMT the pair could go further down and break the support.
  • #1,626
  • Dec 13, 2006 8:57am Dec 13, 2006 8:57am
Right, took some profit.

Waiting for news again.
  • #1,627
  • Dec 13, 2006 9:07am Dec 13, 2006 9:07am
Quoting synopses
After 16:00 GMT the pair could go further down and break the support.
Hi synopses,

Why 1600 GMT?
  • #1,628
  • Dec 13, 2006 9:12am Dec 13, 2006 9:12am
Will the crude oil inventories report stregthen the dollar?
  • #1,629
  • Dec 13, 2006 9:17am Dec 13, 2006 9:17am
Where do you guys get your news from?? Whats the fastest most reliable news site for free? THANKS
  • #1,630
  • Dec 13, 2006 9:20am Dec 13, 2006 9:20am
thats a great question i would like to know myself!!!!! Also is anybody else looking to get short, if so what price do you guys like. Personally i like 19656.
  • #1,631
  • Dec 13, 2006 9:20am Dec 13, 2006 9:20am
Quoting yungdannyboy
Where do you guys get your news from?? Whats the fastest most reliable news site for free? THANKS
Try here: http://www.bloomberg.com/tvradio/tv/


cheerio
  • #1,632
  • Dec 13, 2006 9:21am Dec 13, 2006 9:21am
Quoting yungdannyboy
Where do you guys get your news from?? Whats the fastest most reliable news site for free? THANKS
I get forecasts at www.fxstreet.com - usually pointing the direction of the news.
  • #1,633
  • Dec 13, 2006 9:24am Dec 13, 2006 9:24am
Thanks, iv looked at that site before! but i want to know where you can actually HEAR or SEE the actual numbers that get released? Im sick of getting into a trade 2-8 seconds late!!!
  • #1,634
  • Dec 13, 2006 9:27am Dec 13, 2006 9:27am
Quoting SirPipsAlot
Thanks, iv looked at that site before! but i want to know where you can actually HEAR or SEE the actual numbers that get released? Im sick of getting into a trade 2-8 seconds late!!!
I doubt you'll find anything free that will get you in any faster. People who want to get in faster have been using Trade The News, or Bloomberg, but it's pricey.
  • #1,635
  • Dec 13, 2006 9:29am Dec 13, 2006 9:29am
Quoting SirPipsAlot
Thanks, iv looked at that site before! but i want to know where you can actually HEAR or SEE the actual numbers that get released? Im sick of getting into a trade 2-8 seconds late!!!


I really don't know where people get the news and 1 micro-second later are placing positions. I also take that 2-8 seconds to enter. Nothing but surfing the wave
  • #1,636
  • Dec 13, 2006 9:30am Dec 13, 2006 9:30am
ya i know trade the news is pretty reliable! so i say we all pitch in and get a subscription!!! well im done trading for the day ended up in the positive territory so thats good enough for me after this wild ride today!
  • #1,637
  • Dec 13, 2006 9:33am Dec 13, 2006 9:33am
Quoting cesarnc
Hi synopses,

Why 1600 GMT?
I think it's caused by Europe market closed
  • #1,638
  • Dec 13, 2006 9:38am Dec 13, 2006 9:38am
Quoting cesarnc


I really don't know where people get the news and 1 micro-second later are placing positions. I also take that 2-8 seconds to enter. Nothing but surfing the wave
It's possible, but not by hand. I've heard of people who have a bloomberg feed, they wrote some piece of code that executes in milliseconds analyzing the data and puting in the order.
  • #1,639
  • Dec 13, 2006 9:49am Dec 13, 2006 9:49am
Quoting c1ro
I think it's caused by Europe market closed
Is there more news out at that time and what effect has it had in the past [lease?
mama
  • #1,640
  • Dec 13, 2006 9:51am Dec 13, 2006 9:51am
Quoting synopses
After 16:00 GMT the pair could go further down and break the support.
Synopis

what effect will this news have do you know? or where can we research it?
thanks
mama
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