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Cable Update (GBPUSD)

  • #31,801
  • Sep 20, 2007 1:52am Sep 20, 2007 1:52am
Quoting ScottH
Anyone else think a decent bull run has started? Long since 2.0008, TP 2.0116, good luck guys
i short since 2.0025 tp 1.9874
Kiyoski JR. "Time is your friend; impulse is your enemy."
  • #31,802
  • Sep 20, 2007 1:56am Sep 20, 2007 1:56am
Quoting ScottH
Anyone else think a decent bull run has started? Long since 2.0008, TP 2.0116, good luck guys
London will tell my fren..
  • #31,803
  • Sep 20, 2007 1:57am Sep 20, 2007 1:57am
Quoting dd33
Huhuhu... and the train left us here...

I bet cesar would be ready to cha-ching his positions in euro... and use the money to spend with that dream girl... "who's the tiger baby....???"
ha ha ha... don't worry, there's always pips to be made (and lost)
I'm working now so i can't trade coz my system is at home.. good thing is i get all the news... lol.. have bloomberg here...

would have caught another 20pips on the uj short and fiber long another 30 to 40 pips.. but oh well...

i think new york would bump up another run to 1.40.80 or close to 1.4100 and come back down.
  • #31,804
  • Sep 20, 2007 2:01am Sep 20, 2007 2:01am
good morning guys...
its just money
  • #31,805
  • Sep 20, 2007 2:02am Sep 20, 2007 2:02am
Quoting Kiyosaki JR
i short since 2.0025 tp 1.9874
Not sure why would ANYONE go long on cable at the moment. I have been short since yesterday with a TP below 9800 - look at the chart below - see the EUR and AUD take off and then look at the GBP - struggling to say the least which means any longs are capped by sellers. I was long on EUR since 1.3870 with a TP at 1.4 which got taken - good run up. Short on GBP - currently losing 500 pips (i trade 10 lots) and long on AUD currently 1060 pips up.

Cable just looks so vurnerable to any rallies.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 53 KB
  • #31,806
  • Sep 20, 2007 2:03am Sep 20, 2007 2:03am
euro
  • #31,807
  • Sep 20, 2007 2:22am Sep 20, 2007 2:22am
Quoting leachimeewg
lol, you are right in that, China wouldn't want to be everyone's public enemy no 1. in my humble opinion.

Finally my TP got striked out.. lol.. did you manage to get some good pips on the UJ.. at least 20 to 40 pips since yesterday.

Just to add on your other post. Foreign Reserves for every country is widely available. most countries hold up to 90% or 95% of their respective reserves in USD or US Debt, main culprits being Japan and now China. If Japan, China and Russia wants to buy up gold as another part of its reserves, we could see gold prices shooting past $1000. There's just not enough supply of gold, i don't think there have been any new mines since the 50's or 60's
Check my journal I have closed last night with +10 pips or so I want to centrate more on GU
.
  • #31,808
  • Sep 20, 2007 2:22am Sep 20, 2007 2:22am
Quoting gmohata
Not sure why would ANYONE go long on cable at the moment. I have been short since yesterday with a TP below 9800 - look at the chart below -
Cable just looks so vurnerable to any rallies.
all i see is UP , didnt u read the news on thuesday?, they cut the interest rates, and we were just a little above 2.0, when that happen, and when UK raised them it was at 2.0150, thats 3 reasons to be long right now at this SOOOOOOOOOO LOWWWWWWWWWW LEVELLLLLLLLL....
its just money
  • #31,809
  • Sep 20, 2007 2:26am Sep 20, 2007 2:26am
Quoting bullrock
Check my journal I have closed last night with +10 pips or so I want to centrate more on GU
lol.. i given up on cable last nite.. UJ and Fiber is just painful to watch now.. lol...

feel so excited to finish up my work and head back home to wait for New York. lol...
  • #31,810
  • Sep 20, 2007 2:26am Sep 20, 2007 2:26am
USDCAD going down to parity, euro and swiss cracking HUUUUUUGE trendlines in the weekly!!!!!

I say:

BYE BYE DOLLAR
  • #31,811
  • Sep 20, 2007 2:26am Sep 20, 2007 2:26am
WTF euro We will see 1.7??? "Sooner than we all expected"
.
  • #31,812
  • Sep 20, 2007 2:29am Sep 20, 2007 2:29am
Long GU @ 2.00096
Pulled SL to BE
First TP hit 2.00500
4 units awaiting TP.

.
  • #31,813
  • Sep 20, 2007 2:30am Sep 20, 2007 2:30am
Quote
WTF euro We will see 1.7??? "Sooner than we all expected"

I don't think 1.7 shall be that easy n quick, it should have taken euro at least 6 - 9 months to reach 1.4 from 1.3
Hello World!
  • #31,814
  • Sep 20, 2007 2:33am Sep 20, 2007 2:33am
All i want to see today cable drop below 1.9000!!!!
Kiyoski JR. "Time is your friend; impulse is your enemy."
  • #31,815
  • Sep 20, 2007 2:34am Sep 20, 2007 2:34am
Quoting cesarnc
USDCAD going down to parity, euro and swiss cracking HUUUUUUGE trendlines in the weekly!!!!!

I say:

BYE BYE DOLLAR
You mean the weekly trendline since 09/2005 ?
  • #31,816
  • Sep 20, 2007 2:34am Sep 20, 2007 2:34am
Quote
Long GU @ 2.00096
Pulled SL to BE
First TP hit 2.00500
4 units awaiting TP.

when you add profits to your signature, I shall appreciate a nice photo.
OR
you should give a call while taking a position.

I'm trying to get a ride on a wave, if it goes well fine, else I'll have little or nothing to lose

I just wana be sure that I don't lose anything this month, it started real bad.

hope all good n luck on the way :-)
Hello World!
  • #31,817
  • Sep 20, 2007 2:36am Sep 20, 2007 2:36am
I feel like partying and its only morning



WOOOOO BABY WOOOOOO
Just Trade It
  • #31,818
  • Sep 20, 2007 2:37am Sep 20, 2007 2:37am
almost bedtime for me, probably a good thing my nerves are getting shot from watching charts, i try not to
  • #31,819
  • Sep 20, 2007 2:37am Sep 20, 2007 2:37am
Quote
All i want to see today cable drop below 1.9000!!!!

Are you drunk ? or is it a typo ?

never mind, I'll assume you said 1.99XX
Hello World!
  • #31,820
  • Sep 20, 2007 2:38am Sep 20, 2007 2:38am
Now i want to see that 1 million Euro lamborghini again.. or should i say... 1.4 million US Dollar Lamborghini???
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