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Cable Update (GBPUSD)

  • #30,521
  • Sep 14, 2007 12:23am Sep 14, 2007 12:23am
Quoting deboooo2005
hi

I think cable still is selling area ... who agree with me
agreed! but i think the EU may be ready for shorting.
  • #30,522
  • Sep 14, 2007 12:27am Sep 14, 2007 12:27am
Quoting mr.m
agreed! but i think the EU may be ready for shorting.

hmmm .. dont see why you would be shorting EUR - every chart that i have screams LONG
  • #30,523
  • Sep 14, 2007 12:31am Sep 14, 2007 12:31am
Quoting gmohata
hmmm .. dont see why you would be shorting EUR - every chart that i have screams LONG
corrective only - targeting 1.3820s
  • #30,524
  • Sep 14, 2007 12:31am Sep 14, 2007 12:31am
well then u need to draw a fibo from 3555 to 3888 and look again....
or not ofcorse...

northeren rock has opened 20% down today...lol...
http://uk.biz.yahoo.com/14092007/214...ash-dries.html
its just money
  • #30,525
  • Sep 14, 2007 12:32am Sep 14, 2007 12:32am
I'll stay away from cable, its moves are still beyond my understanding. I'll live with patience.

My best wishes to all trading cable
Hello World!
  • #30,526
  • Sep 14, 2007 12:36am Sep 14, 2007 12:36am
what is the reason of this drop??

something in the british stock market?
give me my pips back...
  • #30,527
  • Sep 14, 2007 12:41am Sep 14, 2007 12:41am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting Lincoln_10
what is the reason of this drop?? something in the british stock market?
We won't see 2.02XX for the time being prior to 9/18..

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #30,528
  • Sep 14, 2007 12:42am Sep 14, 2007 12:42am
Long waiting to be triggered @ 2.0145...any thoughts??
  • #30,529
  • Sep 14, 2007 12:45am Sep 14, 2007 12:45am
Quoting MLM12
Long waiting to be triggered @ 2.0145...any thoughts??
If it breaks 0150, it could be heading for 0070/0080....

I'm on the sidelines with my rifle.......
  • #30,530
  • Sep 14, 2007 12:55am Sep 14, 2007 12:55am
Quoting Turtle
If it breaks 0150, it could be heading for 0070/0080....

I'm on the sidelines with my rifle.......
Thanks!! I guess i'm gonna stay out of trouble too...the way things have been going on this week with this pair u never know..
  • #30,531
  • Sep 14, 2007 1:02am Sep 14, 2007 1:02am
Quoting MLM12
Thanks!! I guess i'm gonna stay out of trouble too...the way things have been going on this week with this pair u never know..

And don't forget.......IT'S FRIDAY......
  • #30,532
  • Sep 14, 2007 1:05am Sep 14, 2007 1:05am
WTF Are You Doing Cable??????
Just Trade It
  • #30,533
  • Sep 14, 2007 1:07am Sep 14, 2007 1:07am
That Northern Rock fund is falling like the rock it is, dragging all euro stocks down.

This is NOT the environment we would need to long cable, imo. In the otherhand, there are a load of expected support to the downside. If cable wants to push down, it will be bumpy and will get us clueless at every H1 candle...

Still out... This sucks.
  • #30,534
  • Sep 14, 2007 1:10am Sep 14, 2007 1:10am
My longs are already out, NICE profit sad to see it go though, I thought it had more potential.



CHA-CHING
Just Trade It
  • #30,535
  • Sep 14, 2007 1:13am Sep 14, 2007 1:13am
Quoting Big Wave Rider
My longs are already out, NICE profit sad to see it go though, I thought it had more potential.



CHA-CHING
and then u wonder why...u greedy bastard...
its just money
  • #30,536
  • Sep 14, 2007 1:14am Sep 14, 2007 1:14am
Quoting Big Wave Rider
My longs are already out, NICE profit sad to see it go though, I thought it had more potential.

I'm still holding my longs in EU. But watching very closely.
Just Trade It
  • #30,537
  • Sep 14, 2007 1:18am Sep 14, 2007 1:18am
10yr treasury just spiked again... this is dollar bullish as we were forced to learn yesterday....
Attached Image
  • #30,538
  • Sep 14, 2007 1:20am Sep 14, 2007 1:20am
Quoting deboooo2005
hi

I think cable still is selling area ... who agree with me
Yes today but what about if benjibobs cuts 0.5 ?

I have USD in a UK bank in the isle of man - I am worried this morning as they are involved in the UK housing market.

Will anyone let me withdraw it and place it in your personal account ?

Of course its a joke but I think I will spread the risk. I might even put some in my wife's account in the U.S. !!!!!

Now that IS panic haha ! Seriously though, this could turn into panic - it hasnt done so far but its near.

We know from soros and the BOE fight a few years ago that governments are just like little flies in the face of the market. We saw that and we learned that. If this lot keeps sliding then the US govt and the UK govt cannot stop it...
It is worrying. Perhaps foaming gob Cramer was right ?

VERY interesting time...
  • #30,539
  • Sep 14, 2007 1:23am Sep 14, 2007 1:23am
Everyone is pointing out for longer time now, that 2.0150 (50% fib)-2.0160 is very strong support. IF that gets broken ..
  • #30,540
  • Sep 14, 2007 1:29am Sep 14, 2007 1:29am
My advice for trading cable today.

http://content.answers.com/main/cont...h_infantry.jpg
Just Trade It
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