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Cable Update (GBPUSD)

  • #80,081
  • Aug 5, 2008 2:37pm Aug 5, 2008 2:37pm
Quoting Bones
Thats not a gap its your broker feed.look for gaps at the weekend.
I am not talking about Gap up or down.
I am trying to say that 1.9571 was the resistance after the news. That needs to be break for GBP to go up.
There is a distance between 1.9551 and 1.9571 which need to be filled.
{Promotion Removed}
  • #80,082
  • Aug 5, 2008 2:40pm Aug 5, 2008 2:40pm
And to you Nav.If we close nr 9600 Ill look to buy the retrace if we gonna go up I think it will consolidate first.



Quoting nAVIN2007
good stuff bro....i like the way your not leaving anything to chance..1.9480 i think might be the floor to build longs from thou..like yourself we gonna get news later i dunno if 1.9520 will hold

many pips to u bro
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,083
  • Aug 5, 2008 2:43pm Aug 5, 2008 2:43pm
The gap you refer to is on your broker feed for a gap you need the market to close.

Quoting atif
I am not talking about Gap up or down.
I am trying to say that 1.9571 was the resistance after the news. That needs to be break for GBP to go up.
There is a distance between 1.9551 and 1.9571 which need to be filled.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,084
  • Aug 5, 2008 2:43pm Aug 5, 2008 2:43pm
Quoting Bones
And to you Nav.If we close nr 9600 Ill look to buy the retrace if we gonna go up I think it will consolidate first.
good plan
  • #80,085
  • Aug 5, 2008 2:49pm Aug 5, 2008 2:49pm
Dont get me wrong any one that knows me know I like buying this pair only this time I want a clear signal lol

Quoting nAVIN2007
good plan
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,086
  • Aug 5, 2008 2:50pm Aug 5, 2008 2:50pm
I am actually pretty pleased to see so many bulls.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,087
  • Aug 5, 2008 2:51pm Aug 5, 2008 2:51pm
Quoting Bones
Dont get me wrong any one that knows me know I like buying this pair only this time I want a clear signal lol
i know what u mean ...its difficult when it all one way traffic..been all down since friday no retrace either....crazy
  • #80,088
  • Aug 5, 2008 3:17pm Aug 5, 2008 3:17pm
www.geocities.com/artsameer
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  • #80,089
  • Aug 5, 2008 3:25pm Aug 5, 2008 3:25pm
I believe that high oil prices were the leading cause of inflation. As oil prices have come down the recent weeks, UK's economy has been in the ditch according to recent data, could BOE do what RBA did earlier Tuesday, and say something about wanting to cut rates? That will really send cable tumbling on Thursday.
Expected the unexpected
  • #80,090
  • Aug 5, 2008 3:28pm Aug 5, 2008 3:28pm
Quoting scyang
I believe that high oil prices were the leading cause of inflation. As oil prices have come down the recent weeks, UK's economy has been in the ditch according to recent data, could BOE do what RBA did earlier Tuesday, and say something about wanting to cut rates? That will really send cable tumbling on Thursday.

If they left rates the same, then no statement is issued by the central bank. They must cut rates or raise rates in order for a statement to be issued.
  • #80,091
  • Aug 5, 2008 3:28pm Aug 5, 2008 3:28pm
bones how are u mate(yeah u do like to buy this pair)
carerra nav jamie come on guys i miss the old gang that conquered this thread

were are u guys
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #80,092
  • Aug 5, 2008 3:44pm Aug 5, 2008 3:44pm
Quoting salah k.
bones how are u mate(yeah u do like to buy this pair)
carerra nav jamie come on guys i miss the old gang that conquered this thread

were are u guys
Don't worry, we are here.
  • #80,093
  • Aug 5, 2008 3:55pm Aug 5, 2008 3:55pm
Hi fellow geppie traders. I R one 2. Alas, I'm long on the ole' girl...one in at 1.9585 and one in at 1.9602. Guttin' for the upswing sometime this week. Maybe consumer confidence and some 'non-news will' jump start her??
  • #80,094
  • Aug 5, 2008 4:13pm Aug 5, 2008 4:13pm
Hey Sal im great.
Normaly a run like that might have stung a little but I actually made money out of it ,lol
How are you bro ,watch out BTW Carerra is looking to take your position
(have you noticed?)

Quoting salah k.
bones how are u mate(yeah u do like to buy this pair)
carerra nav jamie come on guys i miss the old gang that conquered this thread

were are u guys
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,095
  • Aug 5, 2008 4:21pm Aug 5, 2008 4:21pm
Quoting salah k.
bones how are u mate(yeah u do like to buy this pair)
carerra nav jamie come on guys i miss the old gang that conquered this thread

were are u guys
Dont worry Sal, I didnt go anywhere. I'll be up at 4am est to trade the beloved CABLE!!!

  • #80,096
  • Aug 5, 2008 4:28pm Aug 5, 2008 4:28pm
06-08-2008
Attached Image
  • #80,097
  • Aug 5, 2008 5:08pm Aug 5, 2008 5:08pm
Quoting Bones
Hey Sal im great.
Normaly a run like that might have stung a little but I actually made money out of it ,lol
How are you bro ,watch out BTW Carerra is looking to take your position
(have you noticed?)
I'm fundamental trader now..... yea right
  • #80,098
  • Aug 5, 2008 5:15pm Aug 5, 2008 5:15pm
Diesel prices might just of dropped here, from £1.329 to £1.229 should drop abit more to as its runs abit behind the oil futures price

Hoping for back to $100-$110 range and stablize for a year or 2 before it takes off again, it WILL take off again be warned $200 per barrel within the next 3-5years easy.

Been respecting 24hour SMA Downtrend line, I nearly shorted mondays run up aswell doh!!!

My system NEEDS chop so I'm stuck for the short term, too busy anyways
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #80,099
  • Aug 5, 2008 5:17pm Aug 5, 2008 5:17pm
Actually, I have more data coming up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: The [BOE-MPC] gathers tomorrow for its 2-day regular monthly rate meeting.png Size: 40 KB
Click to Enlarge Name: UK JUL HALIFAX HPI OUTLOOK.png Size: 41 KB
  • #80,100
  • Aug 5, 2008 5:18pm Aug 5, 2008 5:18pm
Quoting Carrera
Actually, I have more data coming up.
hey carrera whos ur broker?
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