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Cable Update (GBPUSD)

  • #39,221
  • Nov 9, 2007 5:47am Nov 9, 2007 5:47am
Quoting cesarnc
Holy s##@!

0998 is critical. It's the H4 20 EMA that's supporting cable since Oct 23!
Yeah.. i got my EMA 25 too..but.. i don't then cable will open below 20 or 25 ema..lets see but hopefully not.. cable must touch 1.12
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,222
  • Nov 9, 2007 5:49am Nov 9, 2007 5:49am
Quoting Qu|cksilver
I should short this cable today instead yesterday!!! I wonder what actually happen???
Panic took over. Qualcomm, Wachovia, Home Depot, Cisco. People are shooting first asking later.

Dow Futures -105
  • #39,223
  • Nov 9, 2007 5:53am Nov 9, 2007 5:53am
2.0994 look like strong support..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,224
  • Nov 9, 2007 5:56am Nov 9, 2007 5:56am
yipppppppppppp.............my bear just wake up

he is going to eat then walk then runnnnnnnnnn.............
I Deeply Love My Virtual Life In Virtual World , RLC
  • #39,225
  • Nov 9, 2007 5:56am Nov 9, 2007 5:56am
11:53 GBP/USD: Weighed Down by GBP 10bn UK Clearer Write-Down Rumour London, November 9. Speculation of a possible GBP 10bn write-down from a UK clearer is being touted as a factor in cable"s sell stop-driven drop to a low of 2.0993, from an earlier 26-year high of 2.1162.

From thomson
  • #39,226
  • Nov 9, 2007 5:56am Nov 9, 2007 5:56am
GBP/USD: Weighed Down by GBP 10bn UK Clearer Write-Down Rumour London, November 9. Speculation of a possible GBP 10bn write-down from a UK clearer is being touted as a factor in cable"s sell stop-driven drop to a low of 2.0993, from an earlier 26-year high of 2.1162.
  • #39,227
  • Nov 9, 2007 5:58am Nov 9, 2007 5:58am
Finally some news... 160 pips later LOL...

Thanks you guys
  • #39,228
  • Nov 9, 2007 6:00am Nov 9, 2007 6:00am
Quoting Norman1
11:53 GBP/USD: Weighed Down by GBP 10bn UK Clearer Write-Down Rumour London, November 9. Speculation of a possible GBP 10bn write-down from a UK clearer is being touted as a factor in cable"s sell stop-driven drop to a low of 2.0993, from an earlier 26-year high of 2.1162.

From thomson

snap
  • #39,229
  • Nov 9, 2007 6:00am Nov 9, 2007 6:00am
Quoting cesarnc
Carry trades taking it on the chin for some reason.

Anyone knows why?

GJ 300 pips down in the last couple of hours
I know,..i always know...,

many yapan companies, have results this and next week....
its just money
  • #39,230
  • Nov 9, 2007 6:04am Nov 9, 2007 6:04am
Quoting cesarnc
Finally some news... 160 pips later LOL...

Thanks you guys
wow.. u short yea? cool..
i did'nt enter any trade today arghhh.... too late for to short now.. maybe later at buying back at 2.0900 if touch that price.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,231
  • Nov 9, 2007 6:05am Nov 9, 2007 6:05am
gbp/jpy drop over 600 pips w.t.f. is going on
If I Go Broke Trying Then I Will die happy.
  • #39,232
  • Nov 9, 2007 6:08am Nov 9, 2007 6:08am
Quoting Moe
gbp/jpy drop over 600 pips w.t.f. is going on
LOL... patient bro..i know you didn't enter the market today right??
As usual.. Fry day..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,233
  • Nov 9, 2007 6:09am Nov 9, 2007 6:09am
just as i was getting up i see this shit, man i can't never take a day off.
If I Go Broke Trying Then I Will die happy.
  • #39,234
  • Nov 9, 2007 6:09am Nov 9, 2007 6:09am
Quoting Qu|cksilver
wow.. u short yea? cool..
i did'nt enter any trade today arghhh.... too late for to short now.. maybe later at buying back at 2.0900 if touch that price.
I shorted 1061, after travelling from Daily R2 to Pivot. Now around S2 !!!

LOL...

0900 today, not crazy.
  • #39,235
  • Nov 9, 2007 6:11am Nov 9, 2007 6:11am
Quoting Qu|cksilver
LOL... patient bro..i know you didn't enter the market today right??
As usual.. Fry day..
g/u going crazy, still have sleppy eye, am i seeing things right? help help did a bomb go off w.t.f. is going on, lmao, no let me check my resources.
If I Go Broke Trying Then I Will die happy.
  • #39,236
  • Nov 9, 2007 6:12am Nov 9, 2007 6:12am
Fuck me... I'm out of here... Grabbed what I had and CIAU!...

Crazy market ...
  • #39,237
  • Nov 9, 2007 6:13am Nov 9, 2007 6:13am
Quoting Moe
gbp/jpy drop over 600 pips w.t.f. is going on
That is what I like to know, too. Anyone have ideas.
  • #39,238
  • Nov 9, 2007 6:16am Nov 9, 2007 6:16am
word of advice if you don't know what's going on like me, stay the fuck out, i repeat don't trade.
If I Go Broke Trying Then I Will die happy.
  • #39,239
  • Nov 9, 2007 6:18am Nov 9, 2007 6:18am
Quoting Moe
word of advice if you don't know what's going on like me, stay the fuck out, i repeat don't trade.
U.S. stock index futures tumbled Friday after fourth-largest bank Wachovia warned that it expected increased losses in the fourth quarter. Wall Street is set to open sharply lower after Thursday's fall triggered by Cisco's warning that the credit crunch was hurting demand from key customers.


"There's a parade of banks talking about their exposure to credit derivatives markets and it's unnerving things," said Arthur Hogan, chief market analyst at Jefferies & Co. in Boston. "I don't think we're close to the bottom. It's going to take a while before we wash out the credit market problems."
European shares opened higher after two financial companies posted profits that beat expectations but fell as banks tumbled in late morning, while Asian markets closed mixed.
  • #39,240
  • Nov 9, 2007 6:21am Nov 9, 2007 6:21am
12:16 GBP/USD: Stop-Loss City Accompanied Barclays Share Suspension London, November 9. News of the temporary suspension of trade in Barclays shares (Bloomberg) is being touted as the catalyst for cable"s sell stop-driven slump to a low of 2.0963, from a European morning 26-year high of 2.1162.

From Thompson
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