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Cable Update (GBPUSD)

  • #73,701
  • Jul 1, 2008 2:36am Jul 1, 2008 2:36am
i cant understand why you are all so bearish on cable, i am also short but it seems that we all got it wrong this time
  • #73,702
  • Jul 1, 2008 2:37am Jul 1, 2008 2:37am
We have been told that there is a 2.0000 option expiry for today"s 10am Eastern NY cut (14:00GMT). GBP/USD scaled a 10-week peak two pips shy of 2.0000 earlier this morning (BST), ahead of the 08:30GMT disclosure of June"s disappointing UK manufacturing sector PMI. Exotic option exposure is reportedly attached to the 2.0000 level. [email protected]
Nothing worth having is easy.
  • #73,703
  • Jul 1, 2008 2:37am Jul 1, 2008 2:37am
Quoting Subdude
Actually, I'll take that back - the best ccy for the day is the Yen.
Word There Brother...
What a blown oppty sticking w/GU.
Look at that sucker fall... Looks like the Auslanco Thread,
is probably the 'happening place' @the moment.
I will work to Objectively Identify my Edges
  • #73,704
  • Jul 1, 2008 2:38am Jul 1, 2008 2:38am
Quoting Moe
damn you guys still looking for short, didn't short burn you already, how many time can a trader get burn in one day

long is risky unless we pass 2.0043 area ...we bounced of this for 5 month, why should this month be different ..
  • #73,705
  • Jul 1, 2008 2:39am Jul 1, 2008 2:39am
Quoting TerpFan2
'Appears,
that is where the money is going (South).!
the truth is cable going to west and never comeback
Keep Learning and you'll get what you want...
  • #73,706
  • Jul 1, 2008 2:39am Jul 1, 2008 2:39am
Quoting sertio
i cant understand why you are all so bearish on cable, i am also short but it seems that we all got it wrong this time
Perhaps first you should understand why you went short.
  • #73,707
  • Jul 1, 2008 2:41am Jul 1, 2008 2:41am
Quoting MasAdhi
the truth is cable going to west and never comeback
Word...! !
I will work to Objectively Identify my Edges
  • #73,708
  • Jul 1, 2008 2:45am Jul 1, 2008 2:45am
Quoting sertio
i cant understand why you are all so bearish on cable, i am also short but it seems that we all got it wrong this time
why you take position when you are doubt? Forex is not using doubtful.

so IMHO take your time to analize and use your knowladge.:nerd:
Keep Learning and you'll get what you want...
  • #73,709
  • Jul 1, 2008 2:49am Jul 1, 2008 2:49am
Quoting Moe
ok, back to bed.
how come you go to bed while your eyes still stairing this tread
Keep Learning and you'll get what you want...
  • #73,710
  • Jul 1, 2008 2:50am Jul 1, 2008 2:50am
u guys are cracking to many jokes today , its good thou otherwise might be
  • #73,711
  • Jul 1, 2008 2:51am Jul 1, 2008 2:51am
anyone taking shorts/longs on cable before ISM data?

i'll wait for the data
  • #73,712
  • Jul 1, 2008 3:03am Jul 1, 2008 3:03am
So Patience,

This puppy is expiring today,
for the holders, and must be kept above 2.0000 level?

Quoting Patience
We have been told that there is a 2.0000 option expiry for today"s 10am Eastern NY cut (14:00GMT). GBP/USD scaled a 10-week peak two pips shy of 2.0000 earlier this morning (BST), ahead of the 08:30GMT disclosure of June"s disappointing UK manufacturing sector PMI. Exotic option exposure is reportedly attached to the 2.0000 level. [email protected]
I will work to Objectively Identify my Edges
  • #73,713
  • Jul 1, 2008 3:06am Jul 1, 2008 3:06am
Quoting MasAdhi
how come you go to bed while your eyes still stairing this tread
If I Go Broke Trying Then I Will die happy.
  • #73,714
  • Jul 1, 2008 3:15am Jul 1, 2008 3:15am
lets see if 2.0054 can be hit today
If I Go Broke Trying Then I Will die happy.
  • #73,715
  • Jul 1, 2008 3:16am Jul 1, 2008 3:16am
2 weeks ago every1 thinking we gonna go towards 1.8 ...now 2.04....what the hell is going on?
  • #73,716
  • Jul 1, 2008 3:17am Jul 1, 2008 3:17am
MOE??
your post?
  • #73,717
  • Jul 1, 2008 3:20am Jul 1, 2008 3:20am
Quoting nAVIN2007
2 weeks ago every1 thinking we gonna go towards 1.8 ...now 2.04....what the hell is going on?
everybody was telling we will go for a stronger dollar.

however after US Have not hiked the interest rate, we are here today,
maybe until 2009 when rate hikes are expected.
  • #73,718
  • Jul 1, 2008 3:22am Jul 1, 2008 3:22am
$2 was tested!
  • #73,719
  • Jul 1, 2008 3:28am Jul 1, 2008 3:28am
moe whats your outlook on what the hell is happening bro ...
  • #73,720
  • Jul 1, 2008 3:32am Jul 1, 2008 3:32am
UP UP and away
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