Is that a fight between pro and newbie?
just kiddin' mate... Patience is virtue
Cable Update (GBPUSD)
- #43,442
- Dec 6, 2007 7:05am Dec 6, 2007 7:05am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
fed has to cut 75Pts to get there again
you short??? ok.. go short..go..go...
"Invest With The Insiders, Not The Masses"
George Muzea
- #43,443
- Dec 6, 2007 7:08am Dec 6, 2007 7:08am
- | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
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.
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.
- #43,445
- Dec 6, 2007 7:12am Dec 6, 2007 7:12am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
i will short im waiting for it at 266
1 pip more to 266.
"Invest With The Insiders, Not The Masses"
George Muzea
- #43,449
- Dec 6, 2007 7:23am Dec 6, 2007 7:23am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
im with u Qs hahaaaa
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
- #43,451
- Dec 6, 2007 7:25am Dec 6, 2007 7:25am
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 7:29am Dec 6, 2007 7:29am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
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,
"Invest With The Insiders, Not The Masses"
George Muzea
- #43,454
- Dec 6, 2007 7:35am Dec 6, 2007 7:35am
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 7:39am Dec 6, 2007 7:39am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
- #43,457
- Dec 6, 2007 7:43am Dec 6, 2007 7:43am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
BTW, you have a beautiful avatar QuickSilver
"Invest With The Insiders, Not The Masses"
George Muzea
- #43,458
- Dec 6, 2007 7:44am Dec 6, 2007 7:44am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
- #43,459
- Dec 6, 2007 7:46am Dec 6, 2007 7:46am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
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.
Yes.. remember this for next interest rate statement
"Invest With The Insiders, Not The Masses"
George Muzea