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Cable Update (GBPUSD)

  • #55,761
  • Feb 25, 2008 9:38pm Feb 25, 2008 9:38pm
hmm, UP?
Trade what you see, not what you think.
  • #55,762
  • Feb 25, 2008 9:46pm Feb 25, 2008 9:46pm
Quoting karmostaji
hmm, UP?
Very close score!
Congrats
  • #55,763
  • Edited 10:44pm Feb 25, 2008 10:31pm | Edited 10:44pm
Good Day

Cable is trading below pivot 1.9662 ... first resistance seen @ 1.9709 and first support seen 1.9623

untill we didnt reach 1.9720 or go above it ... trend is down and we going to 1.9389
  • #55,764
  • Feb 25, 2008 10:45pm Feb 25, 2008 10:45pm
Cable not doing anything...........
Nor
  • #55,765
  • Feb 25, 2008 10:47pm Feb 25, 2008 10:47pm
Cable not doing anything...........
Nor any other currency for that matter
  • #55,766
  • Feb 25, 2008 10:47pm Feb 25, 2008 10:47pm
Quoting deboooo2005
Good Day

Cable is trading below pivot 1.9662 ... first resistance seen @ 1.9709 and first support seen 1.9623
THX for your daily exact and correct Pivots
  • #55,767
  • Feb 25, 2008 10:55pm Feb 25, 2008 10:55pm
untill we didnt reach 1.9720 or go above it ...

trend is down and we going to 1.9389

1,9655 is a consolidation after the last bullish movement.

1H is in a bullish configuration. The consolidation should continue.

The price should find a support above 1,9610.

If the support is broken then the target will be 1,9400.
  • #55,768
  • Feb 25, 2008 11:04pm Feb 25, 2008 11:04pm
2. Tuesday, February 26th, 2008 (8:30 a.m. New York Time) USA
At 8:30 a.m. we will have U.S. Core PPI m/m. This is a quite small indicator. It is expected to come out at 0.2%. In order to move the market, we would need to have a large deviation here. I would enter a trade with 0.2 deviation on Core PPI supported by 0.5 deviation in the same direction on headline. If the core goes the other way than the headline, or headline is just as expected, probably you would want to exit the trade rather sooner than later. Having said all that, if the core PPI m/m comes out at 0.4% or higher, I would sell GBP/USD and look for about 35 pips. If it comes out at 0% or negative, you may want to buy GBP/USD and also look for 35 pips move.
  • #55,769
  • Feb 26, 2008 12:08am Feb 26, 2008 12:08am
I short @ 1.9674
  • #55,770
  • Feb 26, 2008 12:16am Feb 26, 2008 12:16am
Hey, Hyperbolic,

its not normal, polite and usual to publish someone's text without his consent. It is even illegal, in civilized countries. So either ask author to allow you do it or stop immediately!
  • #55,771
  • Feb 26, 2008 12:26am Feb 26, 2008 12:26am
Currently short. Stop just above the high of the Daily.
  • #55,772
  • Feb 26, 2008 12:35am Feb 26, 2008 12:35am
Quoting forexmoments
Currently short. Stop just above the high of the Daily.
same
  • #55,773
  • Feb 26, 2008 12:37am Feb 26, 2008 12:37am
  • #55,774
  • Feb 26, 2008 12:47am Feb 26, 2008 12:47am
down cable.
  • #55,775
  • Feb 26, 2008 12:51am Feb 26, 2008 12:51am
Quoting eye4spot
down cable.
I threatened cable to go down. Poor thing is now scared and headed down
  • #55,776
  • Feb 26, 2008 12:53am Feb 26, 2008 12:53am
Quoting shiva
I threatened cable to go down. Poor thing is now scared and headed down
lol...cute
And your mouth dropped
  • #55,777
  • Feb 26, 2008 12:55am Feb 26, 2008 12:55am
Quoting shiva
I threatened cable to go down. Poor thing is now scared and headed down
be more aggressive we want to c 9500 by the end of the day. so kick it up a notch(ur threatening not cable)
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,778
  • Feb 26, 2008 1:05am Feb 26, 2008 1:05am
we might actually be moving up this time..
passed the pivot point too
oh no ....back to where we started...we are struck!!!
  • #55,779
  • Feb 26, 2008 1:10am Feb 26, 2008 1:10am
Quoting nAVIN2007
we might actually be moving up this time..
passed the pivot point too
oh no ....back to where we started...we are struck!!!
Nah, I dont buy the current movements. US ppi will send it down, look to buy on a dip. Its failing to go higher, it must be a sign!
  • #55,780
  • Feb 26, 2008 1:11am Feb 26, 2008 1:11am
We will now see 9700+ today
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