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Cable Update (GBPUSD)

  • #43,481
  • Dec 6, 2007 10:39am Dec 6, 2007 10:39am
Quoting JanPoko
Yeah, just started to write that for me the day is over. That stella, is it sans-alcohol stuff? Have a nice day.
sans-alcoholic ?? That's iran not egypt !
thank god we have alcoholic beverages up to 45%
  • #43,482
  • Dec 6, 2007 10:43am Dec 6, 2007 10:43am
Quoting ybeidas
haven't had a stella in 6 years...certainly hits the spot though
did you visit egypt before? where did you have stella ? and did you enjoy it like I do ?
  • #43,483
  • Dec 6, 2007 10:46am Dec 6, 2007 10:46am
i lived in Cairo for many years...what a city..generous people, that brings back memories
  • #43,484
  • Dec 6, 2007 10:55am Dec 6, 2007 10:55am
Quoting Mina
NFP is a few hours away is just betting plzz guys be carefull if you insist on trading cable right now
What time is NFP published? I don't see it on the FF calendar
"Of all the things I've lost, I miss my mind the most"
  • #43,485
  • Dec 6, 2007 11:01am Dec 6, 2007 11:01am
tomorrow is the first friday of the month isn't it ? ff didn't show it? I"ll check and get back to you !
  • #43,486
  • Dec 6, 2007 11:37am Dec 6, 2007 11:37am
It's tomorrow !
  • #43,487
  • Dec 6, 2007 11:39am Dec 6, 2007 11:39am
Cad DOWN and Cable UP both ~900 pipses
  • #43,488
  • Dec 6, 2007 4:06pm Dec 6, 2007 4:06pm
Quoting ybeidas
i lived in Cairo for many years...what a city..generous people, that brings back memories
yes and the desert dogs run at 40 miles an hour and the trees are 41 miles apart
  • #43,489
  • Dec 6, 2007 4:15pm Dec 6, 2007 4:15pm
I am very new to this forum. Just wanted to say i lost hell lot of money today. I was long on GBP/USD
  • #43,490
  • Dec 6, 2007 4:29pm Dec 6, 2007 4:29pm
Quoting leo9
I am very new to this forum. Just wanted to say i lost hell lot of money today. I was long on GBP/USD
Sorry to hear that Leo9 - Don't do anything drastic now, trade your own system (if it is proven long term) or take a thinking break, works for me.
  • #43,491
  • Dec 6, 2007 4:47pm Dec 6, 2007 4:47pm
As a Leo I lost money on cable as well.
I reasoned: cad interest rate - goodmove, aud interest rate - also good move; so sounds like a good deal to sell cable.
Surprise-surprise...

Anyone, explain what is the logic today on cable?
was it stoprunning?
  • #43,492
  • Dec 6, 2007 4:50pm Dec 6, 2007 4:50pm
Quoting dodge
Sorry to hear that Leo9 - Don't do anything drastic now, trade your own system (if it is proven long term) or take a thinking break, works for me.

Thanks. I am getting impatient to get my money back, but I think it's a good idea and take a brake and rethink now.
  • #43,493
  • Dec 6, 2007 5:05pm Dec 6, 2007 5:05pm
Maybe a retest of the lo maybe a stab lower to 2.0010 area before a run to 2.1450
"Millionaires don't use astrology, billionaires do"
  • #43,494
  • Dec 6, 2007 5:19pm Dec 6, 2007 5:19pm
Quoting chpok
As a Leo I lost money on cable as well.
I reasoned: cad interest rate - goodmove, aud interest rate - also good move; so sounds like a good deal to sell cable.
Surprise-surprise...

Anyone, explain what is the logic today on cable?
was it stoprunning?
cable dropped a lot yesterday to within 50 pips of an 18 month channel and as such didnt leave a lot of room for more of a fall before finding support
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The greatest enemy of a good plan is the dream of a perfect plan.
  • #43,495
  • Dec 6, 2007 5:47pm Dec 6, 2007 5:47pm
Morning all,

up cable up..
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,496
  • Dec 6, 2007 6:07pm Dec 6, 2007 6:07pm
cable up ? which price should long?
  • #43,497
  • Dec 6, 2007 6:12pm Dec 6, 2007 6:12pm
Quoting arinforex
cable up ? which price should long?
anywhere you like.. try to catch the bottom.
i long since 2.0187 yesterday
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,498
  • Dec 6, 2007 6:14pm Dec 6, 2007 6:14pm
Quoting arinforex
cable up ? which price should long?
Please don't follow me... i might be wrong.. use your brain.. your system.

Trade at your own risk.

GL.
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,499
  • Dec 6, 2007 6:17pm Dec 6, 2007 6:17pm
noted.

This US NFP, the forecast that published in FF is way too low. So, does the traders will assume and anticipate very early that USD is going down ? Then we can see GU up up prematurely b4 news announced ..rite?
  • #43,500
  • Dec 6, 2007 6:22pm Dec 6, 2007 6:22pm
Quoting arinforex
noted.

This US NFP, the forecast that published in FF is way too low. So, does the traders will assume and anticipate very early that USD is going down ? Then we can see GU up up prematurely b4 news announced ..rite?
As i said yesterday, NFP is the most dangerous economic indicator. No one can predict.

Also this lately we see that bad news become good news and good news become bad news. So, prepare for the "Unexpected".

The best thing is wait after NFP news out then we can see clear direction either long or short.
"Invest With The Insiders, Not The Masses" George Muzea
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