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Cable Update (GBPUSD)

  • #77,141
  • Jul 23, 2008 9:13am Jul 23, 2008 9:13am
You may still see a bounce here on the 15 min. 38 fib line, I just can not get in until after crude inventories come out
Please ask questions and share your experiences with us all!
  • #77,142
  • Jul 23, 2008 9:17am Jul 23, 2008 9:17am
When does the price of crude oil will be announced?
Oh Lord! Give me more PIPs
  • #77,143
  • Jul 23, 2008 9:17am Jul 23, 2008 9:17am
i think 2.000 is magnetised!! it keeps pulling the price back to itself!!
  • #77,144
  • Jul 23, 2008 9:19am Jul 23, 2008 9:19am
Quoting iras
When does the price of crude oil will be announced?
crude figures come out @ 10:35
Please ask questions and share your experiences with us all!
  • #77,145
  • Jul 23, 2008 9:21am Jul 23, 2008 9:21am
Quoting Gubster
i think 2.000 is magnetised!! it keeps pulling the price back to itself!!
Daily range won't allow it to move either way too fast....Lucky for me so I can get in at some point.
  • #77,146
  • Jul 23, 2008 9:24am Jul 23, 2008 9:24am
Big Boys price control
  • #77,147
  • Jul 23, 2008 9:39am Jul 23, 2008 9:39am
Gas reserves are up in july.......whoooooo
Dollar positive
  • #77,148
  • Jul 23, 2008 9:41am Jul 23, 2008 9:41am
so if the figures are less than predicted what now??
Keep It Simple Stupid
  • #77,149
  • Jul 23, 2008 9:44am Jul 23, 2008 9:44am
Quoting Alastair
so if the figures are less than predicted what now??
From the info I can find it looks like crude inventories declined so that should be doolar negative, oil prices should rise based on the figures I am seeing.
Please ask questions and share your experiences with us all!
  • #77,150
  • Jul 23, 2008 9:47am Jul 23, 2008 9:47am
Quoting NuB
I told yall this would be fun Come on baby fill daddy's Money Bin.
I'm still hittin the pipe!
Just digging in the trenches like everyone else!
  • #77,151
  • Jul 23, 2008 9:47am Jul 23, 2008 9:47am
Quoting bkg102665
From the info I can find it looks like crude inventories declined so that should be doolar negative, oil prices should rise based on the figures I am seeing.
' so in the perfect world we would short GBP/USD and long oil?
Keep It Simple Stupid
  • #77,152
  • Jul 23, 2008 9:47am Jul 23, 2008 9:47am
already place long at 1.9980. TP 2.0020
  • #77,153
  • Jul 23, 2008 9:48am Jul 23, 2008 9:48am
sorry, long cable aswell.
Keep It Simple Stupid
  • #77,154
  • Jul 23, 2008 9:50am Jul 23, 2008 9:50am
That is the way it should work out but not happening like that right now!!
Please ask questions and share your experiences with us all!
  • #77,155
  • Jul 23, 2008 9:51am Jul 23, 2008 9:51am
Quoting yank
already place long at 1.9980. TP 2.0020

Just digging in the trenches like everyone else!
  • #77,156
  • Jul 23, 2008 10:02am Jul 23, 2008 10:02am
Well, I missed the move up last night but I got some good pips on the way down from 2.0020....just closed at the 1h 62ema.. I have a lot of meetings today so I won't open any new trades right now. Good luck to all...
Patience + Discipline - Greed = Success
  • #77,157
  • Jul 23, 2008 10:04am Jul 23, 2008 10:04am
Quoting eohater
....Went short again at 2.0020.
I would like to see this hit 1.985x area and long the hell out of it.

I don't think we will see this today. Might get there tomorrow
Just digging in the trenches like everyone else!
  • #77,158
  • Jul 23, 2008 10:05am Jul 23, 2008 10:05am
Quoting Infinity
Well, I missed the move up last night but I got some good pips on the way down from 2.0020....just closed at the 1h 62ema.. I have a lot of meetings today so I won't open any new trades right now. Good luck to all...
Cool Infinity! Good trading!
Just digging in the trenches like everyone else!
  • #77,159
  • Jul 23, 2008 10:07am Jul 23, 2008 10:07am
Quoting Infinity
Well, I missed the move up last night but I got some good pips on the way down from 2.0020....just closed at the 1h 62ema.. I have a lot of meetings today so I won't open any new trades right now. Good luck to all...
welldone man ..i can see your a trader knowing what he is doing...keep up the good work bro
  • #77,160
  • Jul 23, 2008 10:08am Jul 23, 2008 10:08am
Quoting Alastair
' so in the perfect world we would short GBP/USD and long oil?
Crude inventories were down but gas inventory up!

Crude inventories should be up next report.
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