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Cable Update (GBPUSD)

  • #73,641
  • Jul 1, 2008 3:14am Jul 1, 2008 3:14am
PMI news from GB will clear everything.
  • #73,642
  • Jul 1, 2008 3:14am Jul 1, 2008 3:14am
Quoting fransisco
what i-ching say..
Time to short !!
  • #73,643
  • Jul 1, 2008 3:14am Jul 1, 2008 3:14am
closed my longs!
Just digging in the trenches like everyone else!
  • #73,644
  • Jul 1, 2008 3:17am Jul 1, 2008 3:17am
Quoting Runway Trade
That F word is comming closer
if u look at the weekly u will see we right by the resistance i hope it will reject and bounce down to test the break of downtrend line ..which is around 1.97 area max...then long is still questionable cause

monthly chart we have bounced from this resistance point for 5 months...long is simply not a safer option in my view

long good after 2.0048 ..i think
  • #73,645
  • Jul 1, 2008 3:20am Jul 1, 2008 3:20am
Quoting msniper
i think shorting between 2.0024 to 2.0040 is good idea with nice target

im thinking your right..
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  • #73,646
  • Jul 1, 2008 3:23am Jul 1, 2008 3:23am
Quoting fransisco
what i-ching say..
  • #73,647
  • Jul 1, 2008 3:27am Jul 1, 2008 3:27am
Quoting Runway Trade
normally we long this time we short ...cant win!!!
  • #73,648
  • Jul 1, 2008 3:30am Jul 1, 2008 3:30am
Quoting Runway Trade
that will happen,.,,,timberrrrrr
  • #73,649
  • Jul 1, 2008 3:32am Jul 1, 2008 3:32am
bad UK number
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #73,650
  • Jul 1, 2008 3:32am Jul 1, 2008 3:32am
OUCH, this is gonna be ugly.
  • #73,651
  • Jul 1, 2008 3:32am Jul 1, 2008 3:32am
man that number was the lowest it's been since Dec. 2001.
  • #73,652
  • Jul 1, 2008 3:33am Jul 1, 2008 3:33am
whos short...?
Keep Learning and you'll get what you want...
  • #73,653
  • Jul 1, 2008 3:34am Jul 1, 2008 3:34am
Quoting mmccormac
man that number was the lowest it's been since Dec. 2001.
is there a web site we can find this info out ....?
  • #73,654
  • Jul 1, 2008 3:34am Jul 1, 2008 3:34am
However you dice it, slice it, cut it, whatever, this cable is not following any indicators of any sort.
Trade Like a Robot make money Like a Bank
  • #73,655
  • Jul 1, 2008 3:35am Jul 1, 2008 3:35am
Quoting MasAdhi
whos short...?
i am still on my first short and another short on top1.9995
  • #73,656
  • Jul 1, 2008 3:37am Jul 1, 2008 3:37am
I'm shorrt from 73 do I have a chance to win at this game
  • #73,657
  • Jul 1, 2008 3:37am Jul 1, 2008 3:37am
I think it will hit as low as 1.9930 line and then hover a bit, before it works it way back up.
Trade Like a Robot make money Like a Bank
  • #73,658
  • Jul 1, 2008 3:37am Jul 1, 2008 3:37am
I can not talk anymore about this freaky cable. There is a gap down on M30.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #73,659
  • Jul 1, 2008 3:38am Jul 1, 2008 3:38am
Quoting MasAdhi
whos short...?
I am now. 975 TP 900
Don't Get Bitter, Get Better
  • #73,660
  • Jul 1, 2008 3:38am Jul 1, 2008 3:38am
Quoting nAVIN2007
is there a web site we can find this info out ....?
I'm sure there is but I wouldn't know where to find it (google mabye). That blurb just shot across one of my brokers (Oanda) news feeds and that's the only reason I knew.

It said: UK CIPS June Manufacturing PMI 45.8, LOWEST SINCE DEC 2001
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