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Cable Update (GBPUSD)

  • #5,501
  • Feb 8, 2007 5:25am Feb 8, 2007 5:25am
Quoting cesarnc
But c'mon, it would be fun to see 5.5% appearing in the FF calendar in 40 min

Majority of people will be crying lol
Trade what you see, not what you think.
  • #5,502
  • Feb 8, 2007 5:27am Feb 8, 2007 5:27am
Quoting karmostaji
Majority of people will be crying lol
I'll send them tissues bought with their own pips
  • #5,503
  • Feb 8, 2007 5:34am Feb 8, 2007 5:34am
Quoting vrama
From the BBC website:
Rates expected to stay the same but chance of a surprise.

LINK here: http://news.bbc.co.uk/1/hi/business/6339477.stm
Read. "Chance of a surprise" is all around and it is based on last surprise hike. In the other hand, inflation at or above 3.1% send the financial guy in front of the Queen to explain it.

Last month they had consumer price and retail price inflation in hands to make the decision. Depending on those figures for January, yes, surprise is on the way.

I don't want to be in those guys skins if they have bad figures anticipating bigger than 3.1% inflation... No way.
  • #5,504
  • Feb 8, 2007 6:02am Feb 8, 2007 6:02am
No hike... got myself quick 20 pips on the news. Now I'm looking for the support.

famous 9666 holding, but I don't want to long from here, as of yet. Or lower or confirmed above 9700 again
  • #5,505
  • Feb 8, 2007 6:05am Feb 8, 2007 6:05am
trendline broken ... was that an evil plan? Joking!! Target for tomorrow: 1.9535
I am just here to talk nonsense =D
  • #5,506
  • Feb 8, 2007 6:12am Feb 8, 2007 6:12am
Quoting Zarul Shahrin
trendline broken ... was that an evil plan? Joking!! Target for tomorrow: 1.9535
Not the trend lines I'm trading. Not one of them yet... It is holding at the fib 9734 area. Next 9610.

http://i2.photobucket.com/albums/y28/cesarnc/feb8-2.jpg
  • #5,507
  • Feb 8, 2007 6:16am Feb 8, 2007 6:16am
Quoting cesarnc
Not the trend lines I'm trading. Not one of them yet... It is holding at the fib 9734 area. Next 9610.

http://i2.photobucket.com/albums/y28/cesarnc/feb8-2.jpg
Good luck to you in making the right decision, my mission for today are accomplished..going off now...anyway, I still think it will continue moving down after looking at the historical data....anything is possible though...
I am just here to talk nonsense =D
  • #5,508
  • Feb 8, 2007 6:24am Feb 8, 2007 6:24am
Gotta wait for EURO rate statment before declaring trend line broken and huge reversal, buddy.

As of now, it could easily retrace to 9666 and jump to the roof tomorrow. No rush in anticipating things, that's what I do. And I have 3x my daily target pocketed already. I'm just here because of this freaking addiction to forex
  • #5,509
  • Feb 8, 2007 6:28am Feb 8, 2007 6:28am
Quoting cesarnc
Gotta wait for EURO rate statment before declaring trend line broken and huge reversal, buddy.

As of now, it could easily retrace to 9666 and jump to the roof tomorrow. No rush in anticipating things, that's what I do. And I have 3x my daily target pocketed already. I'm just here because of this freaking addiction to forex
If EUR interest rate is unchanged, I'm guessing it will be bad for the euro just like how it was for the pound..
Trade what you see, not what you think.
  • #5,510
  • Feb 8, 2007 6:39am Feb 8, 2007 6:39am
Quoting karmostaji
If EUR interest rate is unchanged, I'm guessing it will be bad for the euro just like how it was for the pound..
where do you expect the cable to be after the EUR interest rate release?
  • #5,511
  • Feb 8, 2007 6:52am Feb 8, 2007 6:52am
  •  Trader#0000
  • | Status: Unregistered Trader
The real question is how far cable is gonna drop
  • #5,512
  • Feb 8, 2007 6:58am Feb 8, 2007 6:58am
Quoting ForexDude2
The real question is how far cable is gonna drop
Or, what US is gonna do about it...
  • #5,513
  • Feb 8, 2007 7:13am Feb 8, 2007 7:13am
Is it time to buy hitting alot of res. points short move up!
  • #5,514
  • Feb 8, 2007 7:23am Feb 8, 2007 7:23am
150 tick bubble blown up - will look for confirmation to go long. Also positive reversal forming on 1600 tick and current daily range should keep within reasonable stop level.
Man who scratches ass should not bite fingernails
  • #5,515
  • Feb 8, 2007 7:24am Feb 8, 2007 7:24am
Quoting Leugimp
150 tick bubble blown up - will look for confirmation to go long. Also positive reversal forming on 1600 tick and current daily range should keep within reasonable stop level.
Keep posted... I'm dying for this retracement....
  • #5,516
  • Feb 8, 2007 7:29am Feb 8, 2007 7:29am
Quoting Leugimp
150 tick bubble blown up - will look for confirmation to go long. Also positive reversal forming on 1600 tick and current daily range should keep within reasonable stop level.
My 15M stoch and RSI are about to pop out of the monitor here....
  • #5,517
  • Feb 8, 2007 7:29am Feb 8, 2007 7:29am
Confirmed long @ 9592 stop may vary - initial tp 9632 - going to beach now good luck to all.
Man who scratches ass should not bite fingernails
  • #5,518
  • Feb 8, 2007 7:33am Feb 8, 2007 7:33am
Quoting Leugimp
Confirmed long @ 9592 stop may vary - initial tp 9632 - going to beach now good luck to all.
Thanks buddy... Have a nice time on the beach for us.
  • #5,519
  • Feb 8, 2007 7:34am Feb 8, 2007 7:34am
Quoting cesarnc
My 15M stoch and RSI are about to pop out of the monitor here....
LOL
Trade what you see, not what you think.
  • #5,520
  • Feb 8, 2007 7:38am Feb 8, 2007 7:38am
i was wait for retrace from 1.9581 to go long
so is this gona be >>> or it will go more down
plz need help
If you count on hope in any trade ……. Get out of it
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