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Cable Update (GBPUSD)

  • #52,881
  • Feb 10, 2008 7:19pm Feb 10, 2008 7:19pm
Morning all..

Looks to me cable is up today. I will buy later from dip at 9420 area.
"Invest With The Insiders, Not The Masses" George Muzea
  • #52,882
  • Feb 10, 2008 7:37pm Feb 10, 2008 7:37pm
Quoting Qu|cksilver
Morning all..

Looks to me cable is up today. I will buy later from dip at 9420 area.
I think cable hit the bottom. May go up from now.

Note: This is not a trade call.

- Waverider3
  • #52,883
  • Feb 10, 2008 7:52pm Feb 10, 2008 7:52pm
Quoting WaveRider3
I think cable hit the bottom. May go up from now.

Note: This is not a trade call.

- Waverider3
we have 2 diff opinion rite now...hmmm...me also confuse...
money is for living
  • #52,884
  • Feb 10, 2008 7:56pm Feb 10, 2008 7:56pm
Quoting jacobtrader
Dont panic with the movements happening right now..
We will continue in downward pressure.. Any rise is a good place to sell.
what made u so sure cable is going down... looks like going up today to me
  • #52,885
  • Feb 10, 2008 8:25pm Feb 10, 2008 8:25pm
I also agree cable will go down but not today... today confirm its going up.
Maybe cable will change direction going down on tuesday or wednesday.

Maybe... depends on PA.
"Invest With The Insiders, Not The Masses" George Muzea
  • #52,886
  • Feb 10, 2008 9:30pm Feb 10, 2008 9:30pm
Quoting jacobtrader
Dont panic with the movements happening right now..
We will continue in downward pressure.. Any rise is a good place to sell.
What SL? What happens if price exceeds recent high 19510?

TIA
Darkness lies one inch ahead..
  • #52,887
  • Feb 10, 2008 9:42pm Feb 10, 2008 9:42pm
Quoting TraderJR
What SL? What happens if price exceeds recent high 19510?

TIA
if breaks recent high, then u should have gone long already
  • #52,888
  • Feb 10, 2008 9:51pm Feb 10, 2008 9:51pm
Quoting Qu|cksilver
I also agree cable will go down but not today... today confirm its going up.
Maybe cable will change direction going down on tuesday or wednesday.

Maybe... depends on PA.
I see u r not right today.
Becos we going looking for 1,91 area
  • #52,889
  • Feb 10, 2008 9:51pm Feb 10, 2008 9:51pm
soros says 2.1 coming soon
Trade what you see, not what you think.
  • #52,890
  • Feb 10, 2008 10:00pm Feb 10, 2008 10:00pm
Quoting karmostaji
soros says 2.1 coming soon
reached that point already last november...
  • #52,891
  • Feb 10, 2008 10:09pm Feb 10, 2008 10:09pm
Quoting FXdaily
I see u r not right today.
Becos we going looking for 1,91 area
Looks like the usual guessing game. Shall we flip a coin...
Darkness lies one inch ahead..
  • #52,892
  • Feb 10, 2008 10:20pm Feb 10, 2008 10:20pm
I think things are definitely favoring a move downward. Tuesday's CPI announcement and the wednesdays inflation report could cause alot of volatilty in the near term. Moderate inflation reports would allow the BOE to make more rate cuts, possibly more agressive, and would add more downward pressure to the cable.
  • #52,893
  • Feb 10, 2008 10:22pm Feb 10, 2008 10:22pm
Quoting Maxsmart
I think things are definitely favoring a move downward. Tuesday's CPI announcement and the wednesdays inflation report could cause alot of volatilty in the near term. Moderate inflation reports would allow the BOE to make more rate cuts, possibly more agressive, and would add more downward pressure to the cable.
looks like bull already gaining momentum since market open at 1.9448 this morning...
  • #52,894
  • Feb 10, 2008 10:22pm Feb 10, 2008 10:22pm
Quoting soros_junior
reached that point already last november...
It did indeed, so whats next Dr. Soros
Trade what you see, not what you think.
  • #52,895
  • Feb 10, 2008 10:23pm Feb 10, 2008 10:23pm
I'm not in this but I can see it going to 1.9335
  • #52,896
  • Feb 10, 2008 10:25pm Feb 10, 2008 10:25pm
Quoting karmostaji
It did indeed, so whats next Dr. Soros
japan on holiday today... quite difficult for me to predict... but since this morning... GU is uptrend
  • #52,897
  • Feb 10, 2008 10:26pm Feb 10, 2008 10:26pm
Quoting ssherwood76
I'm not in this but I can see it going to 1.9335
why is that? i think we have found the bottom already... time to go up now
  • #52,898
  • Feb 10, 2008 10:26pm Feb 10, 2008 10:26pm
I am looking for a major fall today
  • #52,899
  • Feb 10, 2008 10:28pm Feb 10, 2008 10:28pm
Quoting jacobtrader
I am looking for a major fall today
r u sure? GU already fell very hard last week... this week looks like its going up again
  • #52,900
  • Feb 10, 2008 10:33pm Feb 10, 2008 10:33pm
Quoting soros_junior
r u sure? GU already fell very hard last week... this week looks like its going up again
There is no logic of it feel hard last week, and that it cant this week..
Just give it little time, we will see a hard push down soon.
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