Cable Update (GBPUSD) | Page 1532 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #30,621
  • Sep 14, 2007 8:15am Sep 14, 2007 8:15am
Apparently, its real hard to foresee the future moves of cable with certainty, BUT 1 THING IS SURE, most of the times, cable seem to fall real vertically
and fast while its climbing speed is often slow.
Hello World!
  • #30,622
  • Sep 14, 2007 8:21am Sep 14, 2007 8:21am
Dow is likely to go down to the 13.3K today. Quite a pivotal figure for 4 weeks. Not to low to threaten 13K, not to high without clear signals....
  • #30,623
  • Sep 14, 2007 8:24am Sep 14, 2007 8:24am
Paulson Tells CNBC: It's Going to Take Time to Work Through Market Turmoil, but Economy is Strong.

This is soooooooooo "NO-CUT FOR YOU" to me....
  • #30,624
  • Sep 14, 2007 8:40am Sep 14, 2007 8:40am
Bulls are running for cover in the Big Apple

http://www.prankabuddy.com/files/stupid-bull.jpg
  • #30,625
  • Sep 14, 2007 8:40am Sep 14, 2007 8:40am
looked at the euro/gbp chart for 1 month since sept 4

perpendicular !

as these 2 don't like to be apart for long, is the E coming downstairs or the G going up ?

Which is the male ? that should give us the clue....
  • #30,626
  • Sep 14, 2007 8:41am Sep 14, 2007 8:41am
omg look at gold, is oil over 80dollars yet?
  • #30,627
  • Sep 14, 2007 8:41am Sep 14, 2007 8:41am
Quoting cesarnc
Paulson Tells CNBC: It's Going to Take Time to Work Through Market Turmoil, but Economy is Strong.

This is soooooooooo "NO-CUT FOR YOU" to me....
lol, how true
  • #30,628
  • Sep 14, 2007 8:42am Sep 14, 2007 8:42am
Quoting allserene
looked at the euro/gbp chart for 1 month since sept 4

perpendicular !

as these 2 don't like to be apart for long, is the E coming downstairs or the G going up ?

Which is the male ? that should give us the clue....
i think it would be better option in this case to short EUR/GBP since if they decide to level again eur/gbp will fall. I hope it will the trade i took is -4.5% of my account now
  • #30,629
  • Sep 14, 2007 8:44am Sep 14, 2007 8:44am
Quoting lexazver
omg look at gold, is oil over 80dollars yet?
You can follow oil, gold, treasuries, etc on cnbc.com. scroll down / left side
  • #30,630
  • Sep 14, 2007 8:51am Sep 14, 2007 8:51am
Quoting mades
lol, how true
Let's face it. Fed got itself in a deep bowl of pure s***.

Now, if no cut, market will tumble

If cut 0.25%, market will tumble on feelings that it won't be enough

If cut 0.5%, market will stall until further clue. Then possibly, it will tumble on next bad news

If cut more than 0.5%, market will tumble on feelings that things are waaay worse than we imagined and Fed knows something we don't

The only possible way out of this mess is no-cut + extensive and repetitive cut signals at least to buy some time and stall the market until some good news pop out of nowhere...

IMHO

*******

Market in nonsense mode again. Another disgusting blow. I'm out of this market... good luck you guys...
  • #30,631
  • Sep 14, 2007 8:51am Sep 14, 2007 8:51am
thenx cesar.

Just went cabble long at 0115 stop at 0090 lets see how it goes
  • #30,632
  • Sep 14, 2007 8:57am Sep 14, 2007 8:57am
Quoting cesarnc
Let's face it. Fed got itself in a deep bowl of pure s***.

Now, if no cut, market will tumble

If cut 0.25%, market will tumble on feelings that it won't be enough

If cut 0.5%, market will stall until further clue. Then possibly, it will tumble on next bad news

If cut more than 0.5%, market will tumble on feelings that things are waaay worse than we imagined and Fed knows something we don't

The only possible way out of this mess is no-cut + extensive and repetitive cut signals at least to buy some time and stall the market until some good news pop out of nowhere...

IMHO

*******

Market in nonsense mode again. Another disgusting blow. I'm out of this market... good luck you guys...
but when was the last time that fed changed rates by more than 0.25%?
  • #30,633
  • Sep 14, 2007 9:02am Sep 14, 2007 9:02am
Quoting lexazver
omg look at gold, is oil over 80dollars yet?
79.5 but it will on the next push

bit of life in cable -hum come on euro 39
  • #30,634
  • Sep 14, 2007 9:03am Sep 14, 2007 9:03am
Quoting lexazver
but when was the last time that fed changed rates by more than 0.25%?
Chatters have it 0.25% too weak a reaction. 0.5% as signaling strong play from Fed.

Above that the sentiment is mixed. Some says more than 0.5% could inspire more fear.
  • #30,635
  • Edited 9:19am Sep 14, 2007 9:08am | Edited 9:19am
Quoting lexazver
but when was the last time that fed changed rates by more than 0.25%?
Hope this awnser your question.

http://media3.washingtonpost.com/wp-...6063000053.gif

Old Picture but it's easy to see.


Left side Alan Greenspan, Right side Bernanke. Different views, so, impossible to compare to actual stand from the Fed.

01/02 US recession

03/05 Housing Boom/Easy Money/High Leverage Funds Suicidals

06/07 Shit
  • #30,636
  • Sep 14, 2007 9:10am Sep 14, 2007 9:10am
out of cable long - thanks for the ride euro- got my money back - next is another dow short at 408 if it dares to go there
  • #30,637
  • Sep 14, 2007 9:21am Sep 14, 2007 9:21am
Quoting cesarnc
Let's face it. Fed got itself in a deep bowl of pure s***.

Now, if no cut, market will tumble

If cut 0.25%, market will tumble on feelings that it won't be enough

If cut 0.5%, market will stall until further clue. Then possibly, it will tumble on next bad news

If cut more than 0.5%, market will tumble on feelings that things are waaay worse than we imagined and Fed knows something we don't

The only possible way out of this mess is no-cut + extensive and repetitive cut signals at least to buy some time and stall the market until some good news pop out of nowhere...

IMHO

*******

Market in nonsense mode again. Another disgusting blow. I'm out of this market... good luck you guys...

I think Ben is a more Reactive person than a Proactive - which leads me to believe that he will only cut 25 bp - which may not be enough but will tell the market that he is doing something and keeps the hopes alive for further cuts. This could be bad for the market which is already pricing in 50 bp cut - but that will only be very short term - in the long term the markets will begin to stabilise with hopes of further rate cuts.

I would be very suprised if Ben cuts 50 bps.

If he doesnt cut anything - well .. its anyone's guess - market will be way too volatile and confused for me to even reason here.
  • #30,638
  • Sep 14, 2007 9:28am Sep 14, 2007 9:28am
Cable flirting with that damm fibo line.
Get on with it this is not your first date.
Just Trade It
  • #30,639
  • Sep 14, 2007 9:28am Sep 14, 2007 9:28am
holly fuk.......i just got back home from the shooting range....wow cable have almost given back all the gains we made in the previous weeks....crazzzzzzzzzzzzzzzzzzzzzy........
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #30,640
  • Sep 14, 2007 9:29am Sep 14, 2007 9:29am
My long cable position ended at losses (opened at 2.0222). Now cable 2.0102 and cable may go down more. I think that Fed may leave the interest rate at the same level for next week.
304 traders viewing now, 1 is registered: