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Cable Update (GBPUSD)

  • #43,441
  • Dec 6, 2007 5:03am Dec 6, 2007 5:03am
Quoting cleannnnn
Is that a fight between pro and newbie?
its a cat fight...just kiddin' mate...
Patience is virtue
  • #43,442
  • Dec 6, 2007 5:05am Dec 6, 2007 5:05am
Quoting quickh23a
fed has to cut 75Pts to get there again
trade own your own...
you short??? ok.. go short..go..go...
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,443
  • Dec 6, 2007 5:08am Dec 6, 2007 5:08am
cable is gonna reach soon 2.0500, the thing is this pair is gonna be better for shorts at those levels.

i suspect same than usd , fed cut rates but usd rally. growth get boosted.
and after all it went from 2.1000 to these levels for weak data.
  • #43,444
  • Dec 6, 2007 5:08am Dec 6, 2007 5:08am
Quoting Qu|cksilver
trade own your own...
you short??? ok.. go short..go..go...

i will short im waiting for it at 266
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  • #43,445
  • Dec 6, 2007 5:12am Dec 6, 2007 5:12am
Quoting quickh23a
i will short im waiting for it at 266
On the way buddy....
1 pip more to 266.
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,446
  • Dec 6, 2007 5:12am Dec 6, 2007 5:12am
im with u Qs hahaaaa
be patient, self-belief and discipline... stay focus...
  • #43,447
  • Dec 6, 2007 5:20am Dec 6, 2007 5:20am
Quoting quickh23a
fed has to cut 75Pts to get there again
75 bp , that was minimum cut .............
I Deeply Love My Virtual Life In Virtual World , RLC
  • #43,448
  • Dec 6, 2007 5:22am Dec 6, 2007 5:22am
BTW, you have a beautiful avatar QuickSilver
  • #43,449
  • Dec 6, 2007 5:23am Dec 6, 2007 5:23am
Quoting radit27
im with u Qs hahaaaa
Why cable didn't make big move today?? Because the rich people in London already know the Interest rate will be cut and they make the big move yesterday instead of Today.

Today, tomorrow, direction up cable up...
I won't be suprise if today cable move only between 2.0200-2.0300. If cable today move only in that range, we will see another big move upward tomorrow (Friday).
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,450
  • Dec 6, 2007 5:25am Dec 6, 2007 5:25am
Quoting Qu|cksilver
On the way buddy....
1 pip more to 266.
Where do you think market will stop today on US close??
  • #43,451
  • Dec 6, 2007 5:25am Dec 6, 2007 5:25am
Quoting Qu|cksilver
Why cable didn't make big move today?? Because the rich people in London already know the Interest rate will be cut and they make the big move yesterday instead of Today.

Today, tomorrow, direction up cable up...
I won't be suprise if today cable move only between 2.0200-2.0300. If cable today move only in that range, we will see another big move upward tomorrow (Friday).

thats what i said range until the next leg LOWER< 200-300 very good range but tom. NFP its like tossing a coin where it goes,
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  • #43,452
  • Dec 6, 2007 5:29am Dec 6, 2007 5:29am
Quoting quickh23a
thats what i said range until the next leg LOWER< 200-300 very good range but tom. NFP its like tossing a coin where it goes,
Ohh yes... you remind me NFP tomorrow.. i nearly forget that news. Anyway 266 broken
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,453
  • Dec 6, 2007 5:32am Dec 6, 2007 5:32am
Not quite long, at 7:00am (EST), 12:00pm (GMT), the cable made above 60 pips down.(GBPUSD).
  • #43,454
  • Dec 6, 2007 5:35am Dec 6, 2007 5:35am
Quoting Qu|cksilver
Ohh yes... you remind me NFP tomorrow.. i nearly forget that news. Anyway 266 broken

266 was hit and price was rejeced 20 pips to 245 long in this pair very risky my friend, like i said range today until next leg lower
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  • #43,455
  • Dec 6, 2007 5:39am Dec 6, 2007 5:39am
Quoting quickh23a
266 was hit and price was rejeced 20 pips to 245 long in this pair very risky my friend, like i said range today until next leg lower
Are you good in news? i mean economics? What do you think NFP news will make tomorrow?
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,456
  • Dec 6, 2007 5:43am Dec 6, 2007 5:43am
Quoting quickh23a
266 was hit and price was rejeced 20 pips to 245 long in this pair very risky my friend, like i said range today until next leg lower
Classic case of buy on the rumor sell on the news...or in this case...Sell the pair on the rumor, buy the pair on the news.
  • #43,457
  • Dec 6, 2007 5:43am Dec 6, 2007 5:43am
Quoting cleannnnn
BTW, you have a beautiful avatar QuickSilver
Since i use this avatar.. my pips falling like waterfall
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,458
  • Dec 6, 2007 5:44am Dec 6, 2007 5:44am
Quoting Runway Trade
Where do you think market will stop today on US close??

No idea bro..
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,459
  • Dec 6, 2007 5:46am Dec 6, 2007 5:46am
Quoting cheese
Classic case of buy on the rumor sell on the news...or in this case...Sell the pair on the rumor, buy the pair on the news.
Good idea..
Yes.. remember this for next interest rate statement
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,460
  • Dec 6, 2007 5:47am Dec 6, 2007 5:47am
That a very nice economic indicator, place TP about 120 pips from the open price of that very candle, cuz NFP -Unemployment avg. move is about 124 pips.
Be wary on your entry!
what currency are u pairing with?
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