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Cable Update (GBPUSD)

  • #52,501
  • Feb 7, 2008 2:39am Feb 7, 2008 2:39am
Quoting forexguru
long
i'll long soon when cable retrace from the bottom.just thought a good long entry from the bottom...
  • #52,502
  • Feb 7, 2008 2:40am Feb 7, 2008 2:40am
Anyone who wants to make BIG MONEY.. Short a Full Standard Lot at 1.9548 and keep quiet for 1 Hour.. after 20-30 Pips.. Just books it...
Trend is still downward..
  • #52,503
  • Feb 7, 2008 2:40am Feb 7, 2008 2:40am
Even we're have different opinion.....
and no matter what is the result....
with full of my respect....
it's nice to know you all & good luck...
hope we can survive in this business...
Never Give Up.....
  • #52,504
  • Feb 7, 2008 2:40am Feb 7, 2008 2:40am
forexguru and AmeriTrini

what is the stop lose for your long setup
  • #52,505
  • Feb 7, 2008 2:41am Feb 7, 2008 2:41am
Quoting jacobtrader
Anyone who wants to make BIG MONEY.. Short a Full Standard Lot at 1.9548 and keep quiet for 1 Hour.. after 20-30 Pips.. Just books it...
Trend is still downward..
I am afraid you will not be lucky today like yesterday
  • #52,506
  • Feb 7, 2008 2:41am Feb 7, 2008 2:41am
Quoting Runway Trade
Just taking a deep breathe before starting the marathon up north!
Haha.. thanks guys for letting us eat all your money
  • #52,507
  • Feb 7, 2008 2:43am Feb 7, 2008 2:43am
Quoting jacobtrader
If you follow all this so called people. then you will lose ..
And i told everyone on this board.. Patience.. which no one seems to have i assume
hi jacob,what do u think of good entry from the bottom before cable going up?
  • #52,508
  • Feb 7, 2008 2:43am Feb 7, 2008 2:43am
Quoting forexguru
I am afraid you will not be lucky today like yesterday
Haha.. buddy, i booked huge amount of profits just now.. And i am following the trend which is still bearish.. once it turns bullish, i am with you guys ..
  • #52,509
  • Feb 7, 2008 2:44am Feb 7, 2008 2:44am
Quoting msniper
forexguru and AmeriTrini

what is the stop lose for your long setup
30 pips stop loss .. if stopped I will wait another position for long , more down.
  • #52,510
  • Feb 7, 2008 2:44am Feb 7, 2008 2:44am
Quoting msniper
forexguru and AmeriTrini

what is the stop lose for your long setup
when I am trading at my computer, I have no stoploss..........
  • #52,511
  • Feb 7, 2008 2:45am Feb 7, 2008 2:45am
And just to let you know.. BOE will give a suprise today to all of you .. With more then 25 basis cut.. just a slight insight news for you all ... so adjust your positions
  • #52,512
  • Feb 7, 2008 2:45am Feb 7, 2008 2:45am
Hey Jacob Welcome Back

You are rocking.
  • #52,513
  • Feb 7, 2008 2:45am Feb 7, 2008 2:45am
GBPhttp://forexfactory.com/images/misc/...mpact_high.gifIndustrial Production m/m

GBPhttp://forexfactory.com/images/misc/...act_medium.gifManufacturing Production m/m

good morning guys
what do u think about this news
{Promotion Removed}
  • #52,514
  • Feb 7, 2008 2:47am Feb 7, 2008 2:47am
Quoting jacobtrader
And just to let you know.. BOE will give a suprise today to all of you .. With more then 25 basis cut.. just a slight insight news for you all ... so adjust your positions
adjust your informers
  • #52,515
  • Feb 7, 2008 2:48am Feb 7, 2008 2:48am
Quoting artsameer
GBPhttp://forexfactory.com/images/misc/...mpact_high.gifIndustrial Production m/m

GBPhttp://forexfactory.com/images/misc/...act_medium.gifManufacturing Production m/m

good morning guys
what do u think about this news

This will be Bearish for GBP.. Cause there aint much Industrial production happening in UK.. with Inflationary pressures high.. and other economic understanding.. I see it to show below then expectation.. which is bearish for GBP

And with Equities falling.. is an added value.
  • #52,516
  • Feb 7, 2008 2:49am Feb 7, 2008 2:49am
Quoting forexguru
adjust your informers
Haha nice to see some entertainment after booking some profits lolz..
I am happy with my informers.. And i am happy the way i am trading thank you...
I know you also know trend is down too..
  • #52,517
  • Feb 7, 2008 2:51am Feb 7, 2008 2:51am
I have been telling since yesterday. Patience my friends.. and its front of your eyes.. from 1.9620 it went to 1.9560 levels..
Around 60 pips down.. I said i am looking for 150 PIPS atleast..
I sense more down fall
Atleast 1.9485 and then I will relax.. and wait for the next move..

Wait for 1.9553 yesterday low to be crossed... and add more shorts..
  • #52,518
  • Feb 7, 2008 2:51am Feb 7, 2008 2:51am
Quoting jacobtrader
This will be Bearish for GBP.. Cause there aint much Industrial production happening in UK.. with Inflationary pressures high.. and other economic understanding.. I see it to show below then expectation.. which is bearish for GBP

And with Equities falling.. is an added value.

Definition
This indicator measures the physical output of only the manufacturing sector.Released For Dec 2007 Feb 07, 2008 08:30 GMTMonth over Month Consensus0.1% Previous-0.1% Year over Year Consensus0.3% Previous0.1% Definition
Industrial production measures the physical output of the nation's factories, mines and utilities. Released For Dec 2007 Feb 07, 2008 08:30 GMTMonth over Month Consensus0.2% Previous-0.1% Year over Year Consensus1.0% Previous0.4% these dont look to bad to me and any posituve news is good news now for the pound
Don't chase the market, Let the market come to you
  • #52,519
  • Feb 7, 2008 2:54am Feb 7, 2008 2:54am
Quoting jacobtrader
This will be Bearish for GBP.. Cause there aint much Industrial production happening in UK.. with Inflationary pressures high.. and other economic understanding.. I see it to show below then expectation.. which is bearish for GBP

And with Equities falling.. is an added value.

hahaha

jacobT you very sure about cable down

LEts See


hope down too
i trade without SL only Cut loss
  • #52,520
  • Feb 7, 2008 2:56am Feb 7, 2008 2:56am
Quoting X-CooL
hahaha

jacobT you very sure about cable down

LEts See


hope down too
i trade without SL only Cut loss

Sounds funny... I have been telling it even when the price was 1.9620.. So i think gbp/usd already did fall around 60 pips.. ..
And more down to come

30 mins more for the data..
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