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Cable Update (GBPUSD)

  • #51,161
  • Jan 28, 2008 3:51am Jan 28, 2008 3:51am
GBP/USD: Buoyed by Speculative Account Demand for GBP/JPY London, January 28. Speculative account buying of GBP/JPY is being touted as a factor in Cable"s near one cent climb from a late Asian session low of 1.9729. GBP/USD resistance levels include 1.9849 (Friday"s high), 1.9879 (today"s early Asian session top) and 1.9898 (Jan 2 peak).
  • #51,162
  • Jan 28, 2008 3:52am Jan 28, 2008 3:52am
Hi

i think GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100).
  • #51,163
  • Jan 28, 2008 4:05am Jan 28, 2008 4:05am
may be i got a right channel looks coming great lets see
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  • #51,164
  • Jan 28, 2008 4:16am Jan 28, 2008 4:16am
intraday ?? or tomorrow??
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"IT'S GOING TO BE LIKE COMING INTO THE JUNGLE" - K G
  • #51,165
  • Jan 28, 2008 4:27am Jan 28, 2008 4:27am
As you can clearly see this is an opportunity to go long.

LONG CABLE LONG
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Just Trade It
  • #51,166
  • Jan 28, 2008 4:27am Jan 28, 2008 4:27am
man u mean its has the potential to go down today...??
  • #51,167
  • Jan 28, 2008 4:32am Jan 28, 2008 4:32am
Quoting bhesania
man u mean its has the potential to go down today...??

It has the potential to go down everyday, and it normally does.
Just Trade It
  • #51,168
  • Jan 28, 2008 4:34am Jan 28, 2008 4:34am
Quoting Big Wave Rider
As you can clearly see this is an opportunity to go long.

LONG CABLE LONG
you are rightman, this is a big one isnt it?....font must be 17 inches...

first attemt ...
its just money
  • #51,169
  • Jan 28, 2008 4:36am Jan 28, 2008 4:36am
Quoting Big Wave Rider
As you can clearly see this is an opportunity to go long.

LONG CABLE LONG



I agree, looking at the charts, it is moving upward.
Humble Lifetime Member
  • #51,170
  • Edited 4:38am Jan 28, 2008 4:37am | Edited 4:38am
Quoting de123
you are rightman, this is a big one isnt it?....font must be 17 inches...

first attemt ...
BWR wanted to make sure his message came across loud and clear.

BTW, where is CesarNC and Moe?
Humble Lifetime Member
  • #51,171
  • Jan 28, 2008 4:41am Jan 28, 2008 4:41am
Quoting Ash
I agree, looking at the charts, it is moving upward.

Thats what all of those indicators are saying, you know the macd, stoch, the squiggly doohicky and the squrily merly they never lie.
Just Trade It
  • #51,172
  • Jan 28, 2008 4:43am Jan 28, 2008 4:43am
On my charts i see Head and Shoulders has already formed, so it should go down
  • #51,173
  • Jan 28, 2008 4:43am Jan 28, 2008 4:43am
dont know, guess they are reading bloomberg or waiting for big oportunities,...well was stoped out in longs now, short it imediatly, this is my system,..if it doesnt go down, il go long again,..
its just money
  • #51,174
  • Jan 28, 2008 4:47am Jan 28, 2008 4:47am
Quoting de123
dont know, guess they are reading bloomberg or waiting for big oportunities,...well was stoped out in longs now, short it imediatly, this is my system,..if it doesnt go down, il go long again,..
I always trade in the opposite direction of my previous trade. Cause hey,... you never know.
Just Trade It
  • #51,175
  • Jan 28, 2008 4:52am Jan 28, 2008 4:52am
tiny range..."up trend that wona change"...dailly bulish, thats how i see it...ah, il just go and read bloomberg, maybe some jeremy update...

at least we hold it for 10-15 minutes,...the tread i mean...see u bwr, i guess elsewhere...
its just money
  • #51,176
  • Jan 28, 2008 4:55am Jan 28, 2008 4:55am
To me, the chart is CLEAR. It's going DOWN
Attached Image
  • #51,177
  • Jan 28, 2008 4:56am Jan 28, 2008 4:56am
Quoting de123
tiny range..."up trend that wona change"...dailly bulish, thats how i see it...ah, il just go and read bloomberg, maybe some jeremy update...

at least we hold it for 10-15 minutes,...the tread i mean...see u bwr, i guess elsewhere...
I'm not leaving. I'm claiming this territory, I even pissed on it to prove it. See ya.
Just Trade It
  • #51,178
  • Jan 28, 2008 4:57am Jan 28, 2008 4:57am
Quoting cesarnc
To me, the chart is CLEAR. It's going DOWN
Your twisting the truth around to support your own B.S
Thats not fair.
Just Trade It
  • #51,179
  • Jan 28, 2008 4:59am Jan 28, 2008 4:59am
if cable can't break 1.9848-50, i will short
  • #51,180
  • Jan 28, 2008 5:00am Jan 28, 2008 5:00am
ok.....u dirty dog,....a little about Soc.generale stocks .

Societe Generale slid 6.9 percent to 68.79 euros, the lowest since August 2004. The French bank that last week said it suffered the biggest trading fraud in banking history, was cut to ``sell' from ``buy'' at Citigroup Inc. France's second-biggest bank by market value has been ``severely impaired'' by the 4.9 billion-euro ($7.2 billion) loss caused by a rogue trader, Citigroup said.
The brokerage cut its price estimate on the shares to 65 euros from 130 euros apiece, implying a possible decline of 12 percent from current levels.

...
its just money
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