Cable Update (GBPUSD) | Page 1857 | 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)

  • #37,121
  • Oct 24, 2007 6:44am Oct 24, 2007 6:44am
A 2.0900 exotic One Touch option, carrying an estimated payout of GBP 2mn, is slated to expire three weeks today (Nov 14). The BoE publishes its next quarterly inflation report the same day. Another 2.0900 One Touch option, also carrying an estimated GBP 2mn payout, is due to roll off at the end of next month (Nov 30).
Pre-2.0900 exotic barriers reside at 2.0700, 2.0750 and 2.0800. Exotic exposure north of 2.0900 is located at 2.1000, 2.1100 and 2.1400+. GBP/USD notched a three-month high of 2.0560 at the start of this week. 2.0656 was the 26-year peak scaled during Q3 (July 24).
Nothing worth having is easy.
  • #37,122
  • Oct 24, 2007 6:47am Oct 24, 2007 6:47am
Quoting bullrock
That is certainly a possibility especially of the DOW decides to go down.
...Dow futures is all red now!
  • #37,123
  • Oct 24, 2007 6:52am Oct 24, 2007 6:52am
chunnel just finished a w5 of 3 on 1hr chart with big bounce, GBP preasure lower for the rest of day no doubt
or maybe dbl zig zag abc complete finishing up w4 calling w5 minimum 7026
"Millionaires don't use astrology, billionaires do"
  • #37,124
  • Oct 24, 2007 7:19am Oct 24, 2007 7:19am
Quoting OrionsWay
chunnel just finished a w5 of 3 on 1hr chart with big bounce, GBP preasure lower for the rest of day no doubt
or maybe dbl zig zag abc complete finishing up w4 calling w5 minimum 7026
what does that number means, care to explain?
its just money
  • #37,125
  • Oct 24, 2007 7:22am Oct 24, 2007 7:22am
Quoting bullrock
I did not want to offend you. That was only a sort of "writers exaggeration"
No offence, just glad we won the world cup. More important what the hell is cable doing cant decide where it wants to go.
  • #37,126
  • Edited 7:38am Oct 24, 2007 7:25am | Edited 7:38am
good morning. got out of bed and bumped into the f...!@S$%Tfswdr...ing cable bars...
i see we have another wonderful trading day. someone is selling the dollars that someone else is trying to buy. or the pounds.
or i need a coffee... or maybe i should start my day with a beer?
now let's get technical.
i got some pathetic pips last night (MT did that, while i was sleeping) and had a chance to open another short @ 2.0500. i put it on trailing stop because there's something about my target that i don't like. and if i don't like it, cable probably doesn't either.
Nihil Sine Deo.
  • #37,127
  • Edited 7:45am Oct 24, 2007 7:26am | Edited 7:45am
Quoting de123
what does that number means, care to explain?

DE, yea its just a decision point retracement amount pluse extension beyone that, in this case 1.144 or 1.236 beyond 100%
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_8.gif Size: 59 KB
"Millionaires don't use astrology, billionaires do"
  • #37,128
  • Oct 24, 2007 7:26am Oct 24, 2007 7:26am
Quoting Scrat
good morning. got out of bed and bumped into the f...!@S$%Tfswdr...ing cable bars...
i see we have another wonderful trading day.
  • #37,129
  • Oct 24, 2007 7:38am Oct 24, 2007 7:38am
No Real Big Moves During London, Maybe It's U.s. Time.
If I Go Broke Trying Then I Will die happy.
  • #37,130
  • Oct 24, 2007 7:42am Oct 24, 2007 7:42am
oh, i forgot. we have this "Existing Home Sales" news today.
i hate news, they mess up my analysis... now i have to close my positions and wait for the news.

Quoting Moe
No Real Big Moves During London, Maybe It's U.s. Time.
Nihil Sine Deo.
  • #37,131
  • Oct 24, 2007 7:49am Oct 24, 2007 7:49am
This one is for those who like to shit over the heads of the guys who had to face losses here, lately. Me included.

"Merrill Lynch swings to its first loss in six years after writing down $7.9 billion in bad bets on mortgage and leveraged loans."

Maybe they had a bad stoploss placement? Oh no! Money management I guess...

If I'm picky and bitter today? you damn well bet I am.
  • #37,132
  • Oct 24, 2007 8:02am Oct 24, 2007 8:02am
it's just that they're stupid.
have a beer with me.

Quoting cesarnc
This one is for those who like to shit over the heads of the guys who had to face losses here, lately. Me included.

"Merrill Lynch swings to its first loss in six years after writing down $7.9 billion in bad bets on mortgage and leveraged loans."

Maybe they had a bad stoploss placement? Oh no! Money management I guess...

If I'm picky and bitter today? you damn well bet I am.
Nihil Sine Deo.
  • #37,133
  • Oct 24, 2007 8:22am Oct 24, 2007 8:22am
De, those points are valid for any swing regardless of size or TF even 1 m chart, the whole set above and below 100% as they appear in pict just project same numbers above bleow. Same set is used for TIME depending on TF as to how many cycles play a role in the next one larger. Not really a secret perhaps not known by many, either or the more ppl that beat these fuckers the better off the world will be. These sharks thrive on our destruction so maybe a little robin hood is needed to balance the field
"Millionaires don't use astrology, billionaires do"
  • #37,134
  • Oct 24, 2007 8:32am Oct 24, 2007 8:32am
unfortunately, there is no robin hood and not even the slightest chance for it. that's how the system is built. if you're smart enough, you get through. if you're not, you end up working to be poor.

Quoting OrionsWay
De, those points are valid for any swing regardless of size or TF even 1 m chart, the whole set above and below 100% as they appear in pict just project same numbers above bleow. Same set is used for TIME depending on TF as to how many cycles play a role in the next one larger. Not really a secret perhaps not known by many, either or the more ppl that beat these fuckers the better off the world will be. These sharks thrive on our destruction so maybe a little robin hood is needed to balance the field
Nihil Sine Deo.
  • #37,135
  • Oct 24, 2007 8:38am Oct 24, 2007 8:38am
Scrat absolutely, alot of moving parts from poltics to human emotion, nothing easy about trading thats for sure
"Millionaires don't use astrology, billionaires do"
  • #37,136
  • Oct 24, 2007 8:38am Oct 24, 2007 8:38am
hehehheheheheh....things are getting hot in here !!!!!

Take it easy guys....gains and losses are just the name of the game !!!

I was margin called 3 weeks ago....guess what ??? It make me a better trader, I'm slowly but surely getting ALL my money back.
For he that would be deceived, let him.
  • #37,137
  • Oct 24, 2007 8:45am Oct 24, 2007 8:45am
Quoting cesarnc
This one is for those who like to shit over the heads of the guys who had to face losses here, lately. Me included.

"Merrill Lynch swings to its first loss in six years after writing down $7.9 billion in bad bets on mortgage and leveraged loans."

Maybe they had a bad stoploss placement? Oh no! Money management I guess...

If I'm picky and bitter today? you damn well bet I am.
Bad money management... -$7.9billion (-7900 pips using 100 000 standard contracts)
.
  • #37,138
  • Oct 24, 2007 8:46am Oct 24, 2007 8:46am
Quoting bullrock
Bad money management... -$7.9billion (-7900 pips using 100 000 standard contracts)
Just joking. Just wanted to translate to an FX loss.
.
  • #37,139
  • Oct 24, 2007 8:49am Oct 24, 2007 8:49am
Tick tock tick tock

Bummmmmmmmmmmmmmmmmmm
I Deeply Love My Virtual Life In Virtual World , RLC
  • #37,140
  • Oct 24, 2007 8:51am Oct 24, 2007 8:51am
Quoting pinchapip

Take it easy guys....gains and losses are just the name of the game !!!
.
Yep sure is out of 165 trades since oct 2, 63 losers, key is keep losses small and let the winners run.
Marriage to any trade is havoc unless u have MT LT view playing large swings depends on the trader of course and how deep pockets may need to be.
"Millionaires don't use astrology, billionaires do"
1,818 traders viewing now