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Cable Update (GBPUSD)

  • #41,041
  • Nov 26, 2007 4:12am Nov 26, 2007 4:12am
its just a matter of time until gbp goes under 2.0 its like a ticking time bomb just need a tiny catalyst to go there, no matter how weak the USDX is it wont hold above 2.0 for any longer, better look to sell rallys instead of thinkin about how to grab 30-40 pips , ull be rewarded nicley on the next large drop , and it will be soon.
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  • #41,042
  • Nov 26, 2007 4:15am Nov 26, 2007 4:15am
closed my longs... maybe will short soon or see...
  • #41,043
  • Nov 26, 2007 4:17am Nov 26, 2007 4:17am
Quoting Qu|cksilver
Who long better close now.. and start selling... believe me or not up to you.. very hard drop in 1hr 10min from now..

I am also short from 2.0700, i see 2.0525 as a target.
  • #41,044
  • Nov 26, 2007 4:18am Nov 26, 2007 4:18am
Whatever you say, i still short..
China buying the dollar.. watch your pips slowly...

i guess 1min chart works very well..

Believe it or not... wait and see....
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,045
  • Nov 26, 2007 4:19am Nov 26, 2007 4:19am
Now you people start shorting??? i tought you people go long with the guru??
What about 800? just forget it??
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,046
  • Nov 26, 2007 4:21am Nov 26, 2007 4:21am
Quoting Qu|cksilver
Whatever you say, i still short..
China buying the dollar.. watch your pips slowly...

i guess 1min chart works very well..

Believe it or not... wait and see....

i did not close the long because of the chinese.. i closed beacause is overbought... i just trade what I see and not based on rumors
  • #41,047
  • Nov 26, 2007 4:22am Nov 26, 2007 4:22am
Quoting Qu|cksilver
Whatever you say, i still short..
China buying the dollar.. watch your pips slowly...

i guess 1min chart works very well..

Believe it or not... wait and see....
seems like you have very confidence on what you doing, would you please tell me where did you see china in action ? thanks
  • #41,048
  • Nov 26, 2007 4:23am Nov 26, 2007 4:23am
Quoting forexguru
i did not close the long because of the chinese.. i closed beacause is overbought... i just trade what I see and not based on rumors
HAHAHHAHAHAHAHAHA LOL!!!!! I tought your target is 800??? nevermind.. yeah trade what you see... I'm still here as i promise with you.. 30min from now...

HARD DROP~~

"Invest With The Insiders, Not The Masses" George Muzea
  • #41,049
  • Nov 26, 2007 4:25am Nov 26, 2007 4:25am
Quoting mohsen57
seems like you have very confidence on what you doing, would you please tell me where did you see china in action ? thanks
Where did i see it's not important... and i don't even see it
I got my informer in Bank of China... :
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,050
  • Nov 26, 2007 4:26am Nov 26, 2007 4:26am
FX OPTIONS: Early Sales of 1 Month Cable Vol London, November 26. Early sales to note in the front end of the Cable curve in London this morning - 1m atmf (21 Dec) opened 10.5/10.65 and was given on GBP 100mln at 10.5. Contract now 10.3/10.45 on support
  • #41,051
  • Nov 26, 2007 4:28am Nov 26, 2007 4:28am
GBP/USD: Stops Above 2.0700 Tripped amid Bahrain Reversal Buzz London, November 26. Tripped buy stops above 2.0700 have helped inflate cable to an intra-day peak of 2.0715 as the market digests news out of Bahrain. The central bank of the Gulf state has hiked its overnight repurchase and overnight deposit interest rates by 50bp, having cut them by 50bp earlier today (Reuters).
2.0690 (earlier sated sell interest) is now a pullback support point. Lower props include 2.0650 and 2.0600. Sterling resistance levels include 2.0740/50 and 2.0765 (Friday"s 9-day high
  • #41,052
  • Nov 26, 2007 4:29am Nov 26, 2007 4:29am
Quoting Qu|cksilver
HAHAHHAHAHAHAHAHA LOL!!!!! I tought your target is 800??? nevermind.. yeah trade what you see... I'm still here as i promise with you.. 30min from now...

HARD DROP~~
QS, i dunno where u got the info, but i've short fr 700. if it does drop, how far do u see it go?
  • #41,053
  • Nov 26, 2007 4:32am Nov 26, 2007 4:32am
Quoting need4swift
QS, i dunno where u got the info, but i've short fr 700. if it does drop, how far do u see it go?
just trade what you see..
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,054
  • Nov 26, 2007 4:36am Nov 26, 2007 4:36am
Quoting Qu|cksilver
Where did i see it's not important... and i don't even see it
I got my informer in Bank of China... :
Hay brother right now i am in China in which city your informer is ?

Anyway i am short with you
  • #41,055
  • Nov 26, 2007 4:36am Nov 26, 2007 4:36am
Quoting juliekhan
Hay brother right now i am in China in which city your informer is ?

Anyway i am short with you
Inside the building bank of china.
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,056
  • Nov 26, 2007 4:36am Nov 26, 2007 4:36am
Quoting Qu|cksilver
Where did i see it's not important... and i don't even see it
I got my informer in Bank of China... :
I think you are dreaming.. but now cable is overbought it might go down for a while...
  • #41,057
  • Nov 26, 2007 4:38am Nov 26, 2007 4:38am
Quoting forexguru
I think you are dreaming.. but now cable is overbought it might go down for a while...
Overbought or oversold... nothing to do with me.. you trade own your own.. and me on my own... and i don't like to dream :
"Invest With The Insiders, Not The Masses" George Muzea
  • #41,058
  • Nov 26, 2007 4:38am Nov 26, 2007 4:38am
i try and not get in between you guys but you are all acting like a bunch of haters, instead of helping eachother and explain why you think long or short, you want eachother to fail, this is ugly and eventually keep that attitude youll all end up - in the long run, help eaxhother out !!!! dont go against eachother
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  • #41,059
  • Nov 26, 2007 4:40am Nov 26, 2007 4:40am
Quoting quickh23a
i try and not get in between you guys but you are all acting like a bunch of haters, instead of helping eachother and explain why you think long or short, you want eachother to fail, this is ugly and eventually keep that attitude youll all end up - in the long run, help eaxhother out !!!! dont go against eachother

yes you are right, I closed my longs.. took my profit.. and open a short small position as the cable is overbought.. i always explain my actions and I hope everyone to do the same here.
  • #41,060
  • Nov 26, 2007 4:42am Nov 26, 2007 4:42am
Quoting quickh23a
i try and not get in between you guys
Don't.

It is like getting in between bull and bear trade!

If forexguru is right Qu|cksilver must be wrong
if Qu|cksilver is right forexguru must be wrong

We need both here to compare our own
positions but they don't necessarily help matters better.

You still need to take decision by yourself and trade
your own trade.

Currently niether of them is totally wrong or right!
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