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Cable Update (GBPUSD)

  • #43,361
  • Dec 6, 2007 4:09am Dec 6, 2007 4:09am
Quoting quickh23a
Y guys really have hope for this.. gbpusdgoing to crack 2.00 today. better exit your longs with a loss.!!! upside limited and downside risk is very big. good luck on you gambling. but 2.00 will be seen very soon, if not today,then tom. post NFP
it has to go up before it comes down, and here is where it goes up.
  • #43,362
  • Dec 6, 2007 4:10am Dec 6, 2007 4:10am
Quoting AmeriTrini
the data was extremely bullish
how was the data EXTREMELY bullish, lol did you see the data for the last 30 days coming out of there? nothing will stop this rate cut they HAVE to cut
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  • #43,363
  • Dec 6, 2007 4:11am Dec 6, 2007 4:11am
Cable too strong to go to 2.00 today or tommorow, even if bank cuts by 0.25% Cable will not go below 2.0220 - just my view.
  • #43,364
  • Dec 6, 2007 4:13am Dec 6, 2007 4:13am
Quoting quickh23a
how was the data EXTREMELY bullish, lol did you see the data for the last 30 days coming out of there? nothing will stop this rate cut they HAVE to cut

whats the bad data?
  • #43,365
  • Dec 6, 2007 4:14am Dec 6, 2007 4:14am
Quoting dodge
Cable too strong to go to 2.00 today or tommorow, even if bank cuts by 0.25% Cable will not go below 2.0220 - just my view.


it printed below 220 already. if they do cut it will slice rite thru it(220) in the 1st 5 min candle
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  • #43,366
  • Dec 6, 2007 4:26am Dec 6, 2007 4:26am
@ least break today high ... be a sign for continue go up
  • #43,367
  • Dec 6, 2007 4:27am Dec 6, 2007 4:27am
Quoting deboooo2005
@ least break today high ... be a sign for continue go up
what was today's high?
  • #43,368
  • Dec 6, 2007 4:29am Dec 6, 2007 4:29am
2.0309
  • #43,369
  • Dec 6, 2007 4:32am Dec 6, 2007 4:32am
Seems it can't break 0300 Closed my long, trying short with tight SL
"Of all the things I've lost, I miss my mind the most"
  • #43,370
  • Dec 6, 2007 4:57am Dec 6, 2007 4:57am
Best to wait until rate from BoE, I think they won't cut.
  • #43,371
  • Dec 6, 2007 4:58am Dec 6, 2007 4:58am
Quoting Abuawad
i hear it from here in Riyadh
Short from 2.0587
To 2.0152 ~ 2.0000
  • #43,372
  • Dec 6, 2007 5:09am Dec 6, 2007 5:09am
Quoting dodge
Best to wait until rate from BoE, I think they won't cut.
I also think they won't cut. Maybe some big boys needed to buy low, thus the rumors. Market believes they will cut, cable falls, they buy low and BOOOOM!!!
"Of all the things I've lost, I miss my mind the most"
  • #43,373
  • Dec 6, 2007 5:24am Dec 6, 2007 5:24am
Quoting JCash
I also think they won't cut. Maybe some big boys needed to buy low, thus the rumors. Market believes they will cut, cable falls, they buy low and BOOOOM!!!
Yes, that is my prefered scenario too!
  • #43,374
  • Dec 6, 2007 5:25am Dec 6, 2007 5:25am
as i already said, 2.0230 has been hit. closed one short position; still holding another one with SL on + side.
let's see what BOE has to say about interest rates.
Nihil Sine Deo.
  • #43,375
  • Dec 6, 2007 5:32am Dec 6, 2007 5:32am
they will cut guys. ! ! ! ! ! they must do so i rather they dont cut either but thats what gonna happan. we'll see at 7:01
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  • #43,376
  • Dec 6, 2007 5:32am Dec 6, 2007 5:32am
Hi Scrat,

thanks for your previous TA explanation with graphs.
Have a fruitful day...
  • #43,377
  • Dec 6, 2007 5:39am Dec 6, 2007 5:39am
Insiders says.... "NO-CUT"
BOE will cut you into pcs next year.
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,378
  • Dec 6, 2007 5:40am Dec 6, 2007 5:40am
im try short again using 15min chart..
be patient, self-belief and discipline... stay focus...
  • #43,379
  • Dec 6, 2007 5:42am Dec 6, 2007 5:42am
insiders? what insiders?
Nihil Sine Deo.
  • #43,380
  • Dec 6, 2007 5:44am Dec 6, 2007 5:44am
it's only 18 minutes to the statement. why would you open a position right now?

Quoting radit27
im try short again using 15min chart..
Nihil Sine Deo.
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