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Cable Update (GBPUSD)

  • #35,761
  • Oct 17, 2007 3:37am Oct 17, 2007 3:37am
Cable on my table
Playing like a horse from my stable
now looking dizzy
looks like getting easy

down up n down, acting like a clown
whatever the direction, I want some action

:-)
Hello World!
  • #35,762
  • Oct 17, 2007 3:38am Oct 17, 2007 3:38am
Quoting cesarnc
What is this 1-8? 1 for a hike?

Or it is just the "bad news is good news" era kicking in again?
Just got the information. It was 1 for a cut...

That would be bearish, but who the hell am I to understand this market?
  • #35,763
  • Oct 17, 2007 3:39am Oct 17, 2007 3:39am
Quoting goforex
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Get a life, please.
Trade what you see, not what you think.
  • #35,764
  • Oct 17, 2007 3:40am Oct 17, 2007 3:40am
UK claimant count fell more sharply than expected in September. ONS data shows the claimant count was 835,800 in September, down 12,800 on the previous month. This was a much sharper fall than economists had predicted and is the twelfth straight month that the measure has dropped. A DJN survey predicted that the claimant count would drop by 4,200 on the month. Average earnings growth was 3.7% in August, compared with July's 3.5% and a DJN forecast of 3.6%
  • #35,765
  • Oct 17, 2007 3:40am Oct 17, 2007 3:40am
Quoting cesarnc
Just got the information. It was 1 for a cut...

That would be bearish, but who the hell am I to understand this market?
Did you read the claimant count report mate? Huge one .. fell by -12,000.

the only one who voted for a rate cut was a person who is dovish anyway
  • #35,766
  • Oct 17, 2007 3:43am Oct 17, 2007 3:43am
Quoting karmostaji
Bears? where? I'll shoot em

prepare you gun , there are lot of them around
  • #35,767
  • Oct 17, 2007 3:45am Oct 17, 2007 3:45am
Is there anything capable of pushing the cable out of that damned 2.03-2.0450 range?
  • #35,768
  • Oct 17, 2007 3:47am Oct 17, 2007 3:47am
I can't see any trade in this pair right now... Too close to the upper trendline, not going down to the lower.
  • #35,769
  • Oct 17, 2007 4:05am Oct 17, 2007 4:05am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting lionn77
Is there anything capable of pushing the cable out of that damned 2.03-2.0450 range?
Yeah.. It's really getting on my nerve.. We see the same thing on the screen for how many weeks now??..

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #35,770
  • Oct 17, 2007 4:07am Oct 17, 2007 4:07am
some day we will leave this channel/flag but now it's good for intraday
Attached Image (click to enlarge)
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  • #35,771
  • Oct 17, 2007 4:10am Oct 17, 2007 4:10am
Quoting CWH
Yeah.. It's really getting on my nerve.. We see the same thing on the screen for how many weeks now??..


well, the question is not how many weeks, but how much have we made from this range in the past fortnight ?

Its not been very kind to me either, fu*king no idea whats going on with cable

another major problem is that its not easy for me to sit idle with no positions, heck I think its ok to lose or make in fractions everyday until I find some solid entry point, so play baby play
Hello World!
  • #35,772
  • Oct 17, 2007 4:12am Oct 17, 2007 4:12am
It's now retesting the consolidation area 0310-0330. False breakout in the cooking...
  • #35,773
  • Oct 17, 2007 4:27am Oct 17, 2007 4:27am
Hi CT,

how's your trades.. been away awhile..
lol..
  • #35,774
  • Oct 17, 2007 4:32am Oct 17, 2007 4:32am
Quoting leachimeewg
Hi CT,

how's your trades.. been away awhile..
lol..
Hola mate,

supp ? I'm playing, got something cooking in floatings to kill time until I find an entry

where u been ?
Hello World!
  • #35,775
  • Oct 17, 2007 4:39am Oct 17, 2007 4:39am
Quoting ClockTrader
Hola mate,

supp ? I'm playing, got something cooking in floatings to kill time until I find an entry

where u been ?
lol.. I've been busy with work mainly.. and decided to scale back on FF a little.. managed to catch 150pips on the selloff few days back.. nice short on fiber @ 1.4226... looking to get back in again though..
  • #35,776
  • Oct 17, 2007 4:53am Oct 17, 2007 4:53am
Ultimate most accurate Cable Analysis.

http://www.btinternet.com/%7Ese16/hgb/3triangles.gif

  • #35,777
  • Oct 17, 2007 5:16am Oct 17, 2007 5:16am
Quoting Adwa
GBP is extremely volatile, if you study it well and put yourself in the right position, you can make a tidy $10,000 profit, if you don't, you can lose $10,000; you have to trade wisely with this currency.
U mean Geppy or cable?
  • #35,778
  • Oct 17, 2007 5:20am Oct 17, 2007 5:20am
Quoting ClockTrader
Cable on my table
Playing like a horse from my stable
now looking dizzy
looks like getting easy

down up n down, acting like a clown
whatever the direction, I want some action

:-)
did u write this, clock?
  • #35,779
  • Oct 17, 2007 5:23am Oct 17, 2007 5:23am
Quoting cesarnc
It's now retesting the consolidation area 0310-0330. False breakout in the cooking...
Ces, I dont think we should call it false breakout

I will wait a hour on 15 mins chart to given a better indication.
as long as it stand above 318, I will long from there
  • #35,780
  • Oct 17, 2007 5:26am Oct 17, 2007 5:26am
Quoting winwise
did u write this, clock?
yes, I did :-)
Hello World!
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