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Cable Update (GBPUSD)

  • #33,941
  • Oct 4, 2007 3:45am Oct 4, 2007 3:45am
we still got plenty time to discuss....pls vote
The news will be:

for euro
a.) hold
b.) cut
c.) hike

for gbp
a.) hold
b.) cut
c.) hike

please vote...
its just money
  • #33,942
  • Oct 4, 2007 3:46am Oct 4, 2007 3:46am
guys, anyone trading with CMS? Can you post low of day? (mine was at 2.0275)
  • #33,943
  • Oct 4, 2007 3:46am Oct 4, 2007 3:46am
a, a
.
  • #33,944
  • Oct 4, 2007 3:50am Oct 4, 2007 3:50am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting bullrock
So waht is gonna happen if they keep? Up?
IMHO, it will still fall whatever their rate decisions...

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #33,945
  • Oct 4, 2007 3:51am Oct 4, 2007 3:51am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting de123
we still got plenty time to discuss....pls vote
The news will be:

for euro
a.) hold
b.) cut
c.) hike

for gbp
a.) hold
b.) cut
c.) hike
please vote...
Both A...

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #33,946
  • Oct 4, 2007 3:56am Oct 4, 2007 3:56am
Quoting CWH
IMHO, it will still fall whatever their rate decisions...

I am not sure about that....
.
  • #33,947
  • Oct 4, 2007 3:56am Oct 4, 2007 3:56am
Quoting de123
we still got plenty time to discuss....pls vote
The news will be:

for euro
a.) hold
b.) cut
c.) hike

for gbp
a.) hold
b.) cut
c.) hike

please vote...
My crystal ball was a bit foggy, so i went and got dishwasher liquid, still foggy, tried spitting on it then rubbing with an old cloth - foggy still. I'm stroking it lovingly right now, like a cat (or a girl, and girls love to be stroked on the head by the way). Can I vote later please? Like in 3 hours?



A, A
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #33,948
  • Oct 4, 2007 3:58am Oct 4, 2007 3:58am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting bullrock
I am not sure about that....
Well it's just an opinion.. The markets can behave whatever ways they want..

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #33,949
  • Oct 4, 2007 4:00am Oct 4, 2007 4:00am
Quoting CWH
Well it's just an opinion.. The markets can behave whatever ways they want..

The probability is high, like 100%
.
  • #33,950
  • Oct 4, 2007 4:26am Oct 4, 2007 4:26am
finally, some movement there, not so boring

Hello World!
  • #33,951
  • Oct 4, 2007 4:31am Oct 4, 2007 4:31am
Quoting ClockTrader
finally, some movement there, not so boring

Yes and AGAIN moving against my positions heavily...
.
  • #33,952
  • Oct 4, 2007 4:38am Oct 4, 2007 4:38am
Quoting bullrock
Yes and AGAIN moving against my positions heavily...
I'd say downside of moving with the flow of wind, ever seen my photos ? always always heck always against the wind / trend. However u've outperformed me heavily and very well.
Hello World!
  • #33,953
  • Oct 4, 2007 4:42am Oct 4, 2007 4:42am
Quoting ClockTrader
I'd say downside of moving with the flow of wind, ever seen my photos ? always always heck always against the wind / trend. However u've outperformed me heavily and very well.
I am in -15% in the last two days for the month I have made a couple of stupid trades....

Another thing:
Quote
Overall, there is a strong probability that some members will vote for a rate cut and there is around 30% chance that there will be a majority vote for a cut to 5.50% with a 70% chance of rates being left unchanged.

Despite some market speculation, Sterling would still be likely to weaken sharply if rates are cut as futures markets have certainly not priced this in.

There will be a small-scale relief rally if rates are unchanged, although gains could quickly reverse course given that markets will be expecting a cut at one of the next few meetings.
.
  • #33,954
  • Oct 4, 2007 4:43am Oct 4, 2007 4:43am
Quoting Plutonite
My crystal ball was a bit foggy, so i went and got dishwasher liquid, still foggy, tried spitting on it then rubbing with an old cloth - foggy still. I'm stroking it lovingly right now, like a cat (or a girl, and girls love to be stroked on the head by the way). Can I vote later please? Like in 3 hours?



A, A
My wife is a red head - no hair, just a red head.

Actually she has hair and if I go anywhere near it with my acidic, cat foody , lawn mowery hands she goes nuts...

I reckon they like you to slowly slide a credit card behind their ears as you whisper 'have a good time shopping chucky pops '

I reckon euro will pop up today like Margaret Thatcher at a free dinner ..you see... and the GBP ? well hold onto your mouse this is going to be fun !
  • #33,955
  • Oct 4, 2007 4:44am Oct 4, 2007 4:44am
Quoting TheCable
Hi everyone,
there are 2 scenarios from here:
eur/usd finishing 3rd wave in the short term cycle - the wave has to finish at friday around 1.4340.In this case I expect little correction til 1.4020 and the start of 5th wave which will go all the way til 1.45
Second scenario - eurusd is finishing 5th wave from the short term cycle and 3 wave from middle term - the biggest and strongest wave from the middle term cycle.This will start a correction towards 1.30/1.31/1.32/1.33 ..I can't tell u right now,have to see first the vola and the movements of the price to build a scenario based on calculations.

First scenario - Friday is the day of "non-farm employment" which is expected to be good.That's the + for the first scenario.
Second scenario - 5th wave is my favourite as I expected this move and everything is perfect til now.This month I expect good news from USA and this is the major + for the second scenario.We are also exactly at a very strong trend-line at monthly chart.
Good luck everyone !
Move stopped at 1.4281.We are now building tripple zig-zags.After this small correction ( 1.4130-1.4150 ) I think,that will follow another down move with first target 1.4020/1.4030 zone.
I'm now almost sure,that we saw the end of the 3rd wave (daily chart).
Cheers
  • #33,956
  • Oct 4, 2007 4:49am Oct 4, 2007 4:49am
Quoting allserene
My wife is a red head - no hair, just a red head.

Actually she has hair and if I go anywhere near it with my acidic, cat foody , lawn mowery hands she goes nuts...

I reckon they like you to slowly slide a credit card behind their ears as you whisper 'have a good time shopping chucky pops '

I reckon euro will pop up today like Margaret Thatcher at a free dinner ..you see... and the GBP ? well hold onto your mouse this is going to be fun !

Have you ever imagined the consequences if ever ever ur RHC happens to read ur posts here ? I have many ideas, better u say in ur tone.
Hello World!
  • #33,957
  • Oct 4, 2007 4:52am Oct 4, 2007 4:52am
Quoting bullrock
I am in -15% in the last two days for the month I have made a couple of stupid trades....

Another thing:
exactly -15% is what I lost in the first 5 - 10 days of last month if u remember.
My good wishes are with you, hope u make shitloads of pips this month.
Hello World!
  • #33,958
  • Oct 4, 2007 4:54am Oct 4, 2007 4:54am
Quoting ClockTrader
exactly -15% is what I lost in the first 5 - 10 days of last month if u remember.
My good wishes are with you, hope u make shitloads of pips this month.
If GU decides to go down say 200 pips that is going to be case... I am short with a couple of standard lots....

But it is unlikely as I look at the chart...
.
  • #33,959
  • Oct 4, 2007 4:59am Oct 4, 2007 4:59am
Quoting allserene
My wife is a red head - no hair, just a red head.

Actually she has hair and if I go anywhere near it with my acidic, cat foody , lawn mowery hands she goes nuts...

I reckon they like you to slowly slide a credit card behind their ears as you whisper 'have a good time shopping chucky pops '

I reckon euro will pop up today like Margaret Thatcher at a free dinner ..you see... and the GBP ? well hold onto your mouse this is going to be fun !
GU will follow and will fly when you stand on the border of a volcano is about to erupt with an elementary power...
.
  • #33,960
  • Oct 4, 2007 5:01am Oct 4, 2007 5:01am
Quoting bullrock
If GU decides to go down say 200 pips that is going to be case... I am short with a couple of standard lots....

But it is unlikely as I look at the chart...
I'm an eccentric person, u know I think if I share my views I shall lose, sounds total stupid though, however whenever I wana share my view I feel good posting the below emoticon so I look in pensive mood and look like an intelligent trader, lolz, nvm ;-)

Hello World!
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