Cable Update (GBPUSD) | Page 2226 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #44,501
  • Dec 12, 2007 1:02pm Dec 12, 2007 1:02pm
It is really insisting with breaking the 500 price.....
"Lunch ? Lunch Is For Wimps !"
  • #44,502
  • Dec 12, 2007 1:13pm Dec 12, 2007 1:13pm
Funny how each time the Dow goes up, so does GBP against the USD....
"Lunch ? Lunch Is For Wimps !"
  • #44,503
  • Dec 12, 2007 1:34pm Dec 12, 2007 1:34pm
Nah, it can't break it, what a sissy you are cable !
"Lunch ? Lunch Is For Wimps !"
  • #44,504
  • Dec 12, 2007 1:42pm Dec 12, 2007 1:42pm
Quoting acidguy
pretty good, here +138 since yesterday, but do you know what i am going to do now?

avoid overtrading, i am just going to relax, buy a nice pizza and play a game, watch a movie or whatever, while letting the bulls or bears push the currencies to dangerous levels. then enter.

overtrading killed me many times in the past, i am not going to give back the gains.
very good, greed will kill your profits. respect the market!!
  • #44,505
  • Dec 12, 2007 2:02pm Dec 12, 2007 2:02pm
Quoting deboooo2005
test fibo line 38.2 @2.0586
Yes it was a test of the fibo but it was the 61.8 retracement of the drop from 28 Nov 2.0832 to 6 Dec 2.0177 I think you are drawing your retracement Fibo the wrong way round ? There is also a bearish trendline from the 2.1162 top at the same point which added to the resistance
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #44,506
  • Dec 12, 2007 3:25pm Dec 12, 2007 3:25pm
Quoting acidguy
i think they probably can do the switch from their imports to an export economy and give back to the world while they can benefit from another boom and prosperity century.
If you had backed that view in November 2005 it would have been most expensive given the chart since then....what is the US going to export ? GM trucks ? How is the US consumer going to be persuaded to consume less ? Nobody has ever managed it.

If something has changed I would consider it, but it's more of the same with interest rate cuts to stimulate the consumer plus foreign war and continuing deficits

Having just moved half my worldwide wad from euro/gbp into USD I would like to think you are right, but I see no signs of it so I will continue to buy the dips on cable until I see it moving towards 1.72 again as a result of new policies...

Somehow I reckon increased taxes and lower spending and departing Iraq are not going to happen on the run up to the election...

I would bet my pension that the US stays in Iraq until Iraqi AND Saudi oil runs out and the Israelis are no longer resented....I won't need my pension by then
  • #44,507
  • Dec 12, 2007 3:38pm Dec 12, 2007 3:38pm
Quoting allserene
If you had backed that view in November 2005 it would have been most expensive given the chart since then....what is the US going to export ? GM trucks ? How is the US consumer going to be persuaded to consume less ? Nobody has ever managed it.

If something has changed I would consider it, but it's more of the same with interest rate cuts to stimulate the consumer plus foreign war and continuing deficits

Having just moved half my worldwide wad from euro/gbp into USD I would like to think you are right, but I see no signs of it so I will continue to buy the dips on cable until I see it moving towards 1.72 again as a result of new policies...

Somehow I reckon increased taxes and lower spending and departing Iraq are not going to happen on the run up to the election...

I would bet my pension that the US stays in Iraq until Iraqi AND Saudi oil runs out and the Israelis are no longer resented....I won't need my pension by then
they are going to crash against reality soon, not before sending the intire world into a spiral of financial disaster, but can we do, nothing.

just buy gold, i bet you have eaten and bought things with usa deficit money. same that china and japan.
receive the dollars, and send them back into us bonds, if they stop doing this.
inmediate financial disaster for usa. we hold the card to cause economic doom in usa.
but we can not do anything about it, cause then the world follows.
not yet till there is another big center of power like european union.
whats happen is european union is still a baby and when they have problems they go screaming for help to the fed.
  • #44,508
  • Dec 12, 2007 3:39pm Dec 12, 2007 3:39pm
gu, what a choppy trade....
  • #44,509
  • Dec 12, 2007 3:46pm Dec 12, 2007 3:46pm
Wow, just woke up with some more money in my account - Good job I put a buy order in at 2.0475 and took profit at 2.0560, now that was some mega spike!

Cable has been good to me this week.

Cable giveth, and Cable taketh away.
  • #44,510
  • Dec 12, 2007 3:52pm Dec 12, 2007 3:52pm
Quoting dodge
Wow, just woke up with some more money in my account - Good job I put a buy order in at 2.0475 and took profit at 2.0560, now that was some mega spike!

Cable has been good to me this week.

Cable giveth, and Cable taketh away.
HAHAHAHA, lucky man.

i wondered how many sls and how many tps were hitten.
good vibe on your side.
  • #44,511
  • Dec 12, 2007 4:20pm Dec 12, 2007 4:20pm
  • #44,512
  • Dec 12, 2007 4:49pm Dec 12, 2007 4:49pm
..if is goin to touch 0455,expect a downfall....i'm long 0460 SL 0456
  • #44,513
  • Dec 12, 2007 4:58pm Dec 12, 2007 4:58pm
Quote
Cable giveth, and Cable taketh away.

Amen to that....

What way do you think the RICS index data is going to push it?

I am thinking down....
  • #44,514
  • Dec 12, 2007 5:07pm Dec 12, 2007 5:07pm
I put big (for me) trades on last night (longs) and woke up this morning to a pleasant experience...

this is when i usually give some back so i am being careful...

as long as we give good luck some credit then hopefully we won't get too cocky

waiting for some big moves before my toe goes back in the water
  • #44,515
  • Dec 12, 2007 5:57pm Dec 12, 2007 5:57pm
....short
  • #44,516
  • Dec 12, 2007 6:05pm Dec 12, 2007 6:05pm
and...down we go....
  • #44,517
  • Dec 12, 2007 6:10pm Dec 12, 2007 6:10pm
how far down will this go?
  • #44,518
  • Dec 12, 2007 6:14pm Dec 12, 2007 6:14pm
i am pretty shocked, really bad number and still is holding.

just entered but when that thing got freezed, EXITED!!!!.

Zippo, Zero, Nothing, 0 pips.!
  • #44,519
  • Dec 12, 2007 6:18pm Dec 12, 2007 6:18pm
Quoting Shigawire
how far down will this go?
...i dont know,i always target 50 pips to liquidate 75% of my position!
  • #44,520
  • Dec 12, 2007 6:21pm Dec 12, 2007 6:21pm
I'm out with small profit, I don't think it's going anywhere...
448 traders viewing now, 2 are registered:
kledilala
,
Altaf249