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Cable Update (GBPUSD)

  • #79,921
  • Aug 5, 2008 9:25am Aug 5, 2008 9:25am
Quoting nAVIN2007
took a chance to go long lets see what happens..

Kiddan Paaji ... Hope it works but I would get out with some profit before the FOMC Rate Decision.

This will set the tone for the rest of the week imho.

How was the weekend?
  • #79,922
  • Aug 5, 2008 9:26am Aug 5, 2008 9:26am
Quoting nAVIN2007
took a chance to go long lets see what happens..
530/560 will be the end of the fall but after the news i think we will see a bullish till the end of the week
  • #79,923
  • Aug 5, 2008 9:26am Aug 5, 2008 9:26am
who wants to take a bet that US will increase interest rate to 2.25
% and then we all F#$%.... .. At least those of us that are holding longs
  • #79,924
  • Aug 5, 2008 9:27am Aug 5, 2008 9:27am
Quoting DJ4x
who wants to take a bet that US will increase interest rate to 2.25
% and then we all F#$%.... .. At least those of us that are holding longs

whahaha everything is possible thats why i never join before news , even if i will have less profit but aswell less risk
  • #79,925
  • Aug 5, 2008 9:28am Aug 5, 2008 9:28am
i all ready went long and got burned... lets have a vote LONG OR SHORT?
  • #79,926
  • Aug 5, 2008 9:29am Aug 5, 2008 9:29am
Quoting Mr PIP DADDY
i all ready went long and got burned... lets have a vote LONG OR SHORT?
LONG!!!!!!
Please ask questions and share your experiences with us all!
  • #79,927
  • Aug 5, 2008 9:30am Aug 5, 2008 9:30am
1 LONG
0 SHORT

  • #79,928
  • Aug 5, 2008 9:30am Aug 5, 2008 9:30am
bb in 15 min chart is flat mean we will consolidate till the news release , i love this indicator as he show the possible hi/lo and the market move on 15 min chart
  • #79,929
  • Aug 5, 2008 9:32am Aug 5, 2008 9:32am
Quoting warta
bb in 15 min chart is flat mean we will consolidate till the news release , i love this indicator as he show the possible hi/lo and the market move on 15 min chart

why i went long..if we can close above 1.9627 we got a great chance..
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  • #79,930
  • Aug 5, 2008 9:33am Aug 5, 2008 9:33am
Quoting DJ4x
who wants to take a bet that US will increase interest rate to 2.25
% and then we all F#$%.... .. At least those of us that are holding longs
Ill take that bet haha.. stays at 2 and further they will try to comfort the market that there will not be any further rate hikes this year.
USD Est Non Mortuus
  • #79,931
  • Aug 5, 2008 9:34am Aug 5, 2008 9:34am
2 LONG
0 SHORT

  • #79,932
  • Aug 5, 2008 9:34am Aug 5, 2008 9:34am
Bloomberg was just reporting some possible quarter point US hikes as early as fall do to some of the recent CPI data. Closed the story with half point hike an option very early 2009.Can't always take what the media says to heart but certainly will make this PM's statement interesting.
  • #79,933
  • Aug 5, 2008 9:35am Aug 5, 2008 9:35am
Quoting nAVIN2007
why i went long..

gr8 chart bro but what if we break the lower trend @ the news ? in this case u will sell newspapers tomorrow am joking bro good entry if u can hold incase we go a lil bit down as my buy order at 500 and 470 and 410
  • #79,934
  • Aug 5, 2008 9:39am Aug 5, 2008 9:39am
Quoting warta
gr8 chart bro but what if we break the lower trend @ the news ? in this case u will sell newspapers tomorrow am joking bro good entry if u can hold incase we go a lil bit down as my buy order at 500 and 470 and 410
thats what im worried about but i always go in @ 0.1 at least till im profitable got £500 more to go...
but till then 0.1 all the way..lol
  • #79,935
  • Aug 5, 2008 9:40am Aug 5, 2008 9:40am
Fisher will prob remain the same and that's for a hike.. but if he's joined by Plosser and Stern in this view. then all hell breaks loose favoring dollar bulls..

If those last two stay on board with holding rates, coupled with some verbiage to comfort the market against further rate hikes this year, then dollar sells off hard.
USD Est Non Mortuus
  • #79,936
  • Aug 5, 2008 9:41am Aug 5, 2008 9:41am
Quoting nAVIN2007
thats what im worried about but i always go in @ 0.1 at least till im profitable got £50 more to go...
but till then 0.1 all the way..lol
gr8 job bro and money managment is the most important in this game
keep up good work
  • #79,937
  • Aug 5, 2008 9:44am Aug 5, 2008 9:44am
Quoting warta
gr8 job bro and money managment is the most important in this game
keep up good work
thx bro had a typo its £500 more i need
  • #79,938
  • Aug 5, 2008 9:45am Aug 5, 2008 9:45am
Quoting LuckyLurker
Ill take that bet haha.. stays at 2 and further they will try to comfort the market that there will not be any further rate hikes this year.
Ok you're on.... problem is, we both holding longs, so either way we both win or both lose. You going to have to mail me a check
  • #79,939
  • Aug 5, 2008 9:47am Aug 5, 2008 9:47am
Quoting nAVIN2007
thx bro had a typo its £500 more i need
wahaha nice man i started with 100 $ mean 50 pounds
  • #79,940
  • Aug 5, 2008 9:47am Aug 5, 2008 9:47am
Quoting Mr PIP DADDY
2 LONG
0 SHORT

Shorts only going to come in to play when all the longs start crying. They not going to own up to it right not
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