Cable Update (GBPUSD)

Happy Thanks Giving Day To All You Guys And May God Bless With More Pips Ahead.

Take care and happy thanks giving to everyone and happy pippin!

yep.. happy thanksgiving

I don't rule out a massive dollar dumping from now, on thin liquidity while people shovel the turkeys down.

I'm not on dollar pairs, though. Just a red flag based on last TG + recent dollar disgust.

For those on the shovel side of the story, happy thanksgiving

http://www.tonidunlap.com/turkey1a.jpg

Where are you going bro? Please don't leave us.
Another 100+ pips for today from your trade.

Please don't go.

its look like short because...point c will be go down breakout the support.....hmmm.....u right its short..........look for breakout...now or 5 hrs..later..

....happy trading..guys...my time to get shower....

this my last post...guys... cable still in channel point 1 and point c...if breakout either....if channel point 1 will move up....if point C down..eee bye...im quit.....now 2,0667 at point 1

From the info i got ,It is advisable to LONG during London open. Waiting from feedback ......

This is my last post.

[/quote]

I just woke up now. You cant go who else am I going to follow blindly then? Come back now qsilver!

qsilver we need u here....

sorry guys... i'm just kidding with my earlier post. I'm still here.. I can't live with FF.

Common stay focus with your trade.

100 pips??

0oh good ur bak... so what do u see cable doin now...?? resistance and support levels..??

HAPPY THANKSGIVING. U R BACK. AGAIN IT PROOF U R GREAT. CABLE UP. PAST RECORD SHOWN CABLE SHOOT UP LIKE ROCKET DURING THIS DAY. MAY I CONSULT YOUR OPINION. R U WAITING TO LONG OR SHORT FROM CEILING?

THIS IS MY LAST POST Today

655
SHORT GU SHORT...............................

LOL!!

Happy Thanksgiving to all of you..

Fed minutes weigh heavily on dollar


The dollar fell to record lows against the euro and Swiss franc on Wednesday as investors digested the newly released minutes of the Federal Reserve’s October meeting.

These showed that the central bank remained concerned both about the risks of a sharper growth slowdown as well as a pick-up in inflation. The bank also saw the October interest rate cut as a “close call”.

“Although the minutes probably had the intention of conveying the message that further interest rate cuts are far from certain, this was ignored by the market,” said Geoffrey Yu at UBS.

“Fed forecasts, which for the first time accompanied the minutes, clearly showed the economy was on a downtrend and lower yields were immediately priced in, hurting the dollar as a result.”

The dollar fell as low as $1.4856 against the euro and SFr1.1025 against the Swiss franc. It hit Y108.27 against the Japanese yen, its weakest level since May 2005.

The dollar later recouped some of its losses to stand 0.2 per cent lower at $1.4790 against the euro by midday in New York, down 0.3 per cent at SFr1.1040 against the Swiss franc and 1.4 per cent lower at Y108.50 against the yen.

.....

Hans Redeker at BNP Paribas said equity investors had been disappointed by the Fed minutes, which showed a central bank that downgraded its growth forecasts but was unwilling to ease interest rates.

“The minutes signalled that the Fed was no longer pre-emptive,” he said. “With this, equity markets are likely to face further selling pressure, suggesting the yen is set to break higher.”

........

See more: Fed minutes weigh heavily on dollar

2.0670 is the resistance..
I'm still long from 2.0530

I'm not sure cable will break the resistance for next couple of hours from now. If not.. look at better price to sell.

UP Cable UP!!
OR
DOWN Cable DOWN!!

long ?? short..?? what..??