Cable Update (GBPUSD) | Page 312 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #6,221
  • Feb 16, 2007 8:08am Feb 16, 2007 8:08am
The [USD] appears to be retracing some of the recent sessions (down) moves. Contacts are expressing frustration at this stage, as markets already appear to be thinning ahead of the long US weekend. Post mixed US data, Asian and semi-official accounts have been noted Usd/Jpy buyers and an East European has been a Eur/Usd seller. One house even suggests that Eur/Usd could fall further and fill a gap towards the 1.3050 mark, but we very much doubt there is sufficient interest at this stage to see such a correction. Earlier, we heard there was decent size real money buy interest into 1.3100/10. Next US data comes in the form of Feb Michigan sentiment at 15GMT, with a 96.8 f/c.
  • #6,222
  • Feb 16, 2007 8:15am Feb 16, 2007 8:15am
Are the US on holiday again on Monday?
  • #6,223
  • Feb 16, 2007 8:16am Feb 16, 2007 8:16am
It's Presidents day, not sure if the markets will be closed or not though.
I dream, therefore I become.
  • #6,224
  • Feb 16, 2007 8:18am Feb 16, 2007 8:18am
Quoting musicman007
Are the US on holiday again on Monday?
Oh yeah, Presidents Day. In the UK we should have a Prime Ministers DAy - that way we get at least one day off from Blair!
  • #6,225
  • Feb 16, 2007 8:20am Feb 16, 2007 8:20am
true true haha i must admit thought, id rather have blair than bush. but anyway, does anyone have an idea of what the news at 10:00 entails?
I dream, therefore I become.
  • #6,226
  • Feb 16, 2007 8:21am Feb 16, 2007 8:21am
Quoting mike w
true true haha i must admit thought, id rather have blair than bush. but anyway, does anyone have an idea of what the news at 10:00 entails?

it involves more shitty us news followed by a massive henrycarol led GBPUSD selloff
Man who scratches ass should not bite fingernails
  • #6,227
  • Feb 16, 2007 8:22am Feb 16, 2007 8:22am
Quoting mike w
It's Presidents day, not sure if the markets will be closed or not though.
oh noooooooooo, i hate weekends and holidays.

per james16... daily chart double high with low closing yesterday... looks like bearish- but then again will wait for the news
Pipology 101 student
  • #6,228
  • Feb 16, 2007 8:22am Feb 16, 2007 8:22am
Quoting Leugimp
it involves more shitty us news followed by a massive henrycarol led GBPUSD selloff
thats what i thought.. damn that henry carol, whoever he is! haha
I dream, therefore I become.
  • #6,229
  • Feb 16, 2007 8:24am Feb 16, 2007 8:24am
Quoting musicman007
Oh yeah, Presidents Day. In the UK we should have a Prime Ministers DAy - that way we get at least one day off from Blair!
I hate weekends and holidays.

anyway, per james16, i see double high with low closing- bearish ...

but then again, news is coming..so me dono what to think now..

will wait and say "oh james was right"...by that time its too late..

me scared of whipsaw..


sorry to repeat ( di d not know it was already posted) ...man i am tired
Pipology 101 student
  • #6,230
  • Feb 16, 2007 8:26am Feb 16, 2007 8:26am
well hes not necessarily right yet, if the market can end the day at around 9505-15ish that would be a nice buy signal leading into next week. If not, then yeah he was right as always. haha
I dream, therefore I become.
  • #6,231
  • Feb 16, 2007 8:26am Feb 16, 2007 8:26am
Quoting pipology-101
I hate weekends and holidays.

anyway, per james16, i see double high with low closing- bearish ...

but then again, news is coming..so me dono what to think now..

will wait and say "oh james was right"...by that time its too late..

me scared of whipsaw..
Forget what you think, what do you believe and what do you want to achieve?
Man who scratches ass should not bite fingernails
  • #6,232
  • Feb 16, 2007 8:31am Feb 16, 2007 8:31am
Quoting Leugimp
Forget what you think, what do you believe and what do you want to achieve?
i beleive that fx is full of chaos.. i want to acheive and master chaos
Pipology 101 student
  • #6,233
  • Feb 16, 2007 8:32am Feb 16, 2007 8:32am
Quoting Leugimp
Forget what you think, what do you believe and what do you want to achieve?
and forget it if james was right or wrong, that will never make you consistent profits - forget if im right or wrong, forget anyone is right or wrong - what do you believ will happen and where can you structure the safest bet with positive expectency based on what you truly believe to be the case.


Only by trading what you believe can you make the system work - for the exact reason why you didn't go with james 16. If you are afraid of a whipsaw - you dont believe in the positive expectancy of the overall system - if that is the case, work on finding or developing one that you do believe in.

Just an opinion
Man who scratches ass should not bite fingernails
  • #6,234
  • Feb 16, 2007 8:32am Feb 16, 2007 8:32am
Hey guys!!

I'm new member here but have been reading your posts for awhile and really enjoy the information,the friendlyness and support of everyone here!!

I'm new to trading been demo trading for 2-3 months and will be opening a mini-account soon. Please bare with me! :

I'm from New Jersey 20 minutes from New York, so if your got any questions about whats going on in this country market wise or whatever please feel free to PM me or reply.

Anyway, yes it is Presidents Day here in US and is observered as a national holiday so we will be closed.

And I too prefer Blair than Bush.
  • #6,235
  • Feb 16, 2007 8:33am Feb 16, 2007 8:33am
Quoting pipology-101
i beleive that fx is full of chaos.. i want to acheive and master chaos

Keep thinking like that and your financials will be chaos.
Man who scratches ass should not bite fingernails
  • #6,236
  • Feb 16, 2007 8:35am Feb 16, 2007 8:35am
Quoting newjersey24
Hey guys!!

I'm new member here but have been reading your posts for awhile and really enjoy the information,the friendlyness and support of everyone here!!

I'm new to trading been demo trading for 2-3 months and will be opening a mini-account soon. Please bare with me! :

I'm from New Jersey 20 minuted from New York, so if your got any questions about whats going on in this country market wise or whatever please feel free to PM me or reply.

Anyway, yes it is Presidents Day here in US and is observered as a national holiday so we will be closed.

And I too prefer Blair than Bush.
Aren't there any traders that like bush...
Man who scratches ass should not bite fingernails
  • #6,237
  • Feb 16, 2007 8:36am Feb 16, 2007 8:36am
Quoting Leugimp
and forget it if james was right or wrong, that will never make you consistent profits - forget if im right or wrong, forget anyone is right or wrong - what do you believ will happen and where can you structure the safest bet with positive expectency based on what you truly believe to be the case.


Only by trading what you believe can you make the system work - for the exact reason why you didn't go with james 16. If you are afraid of a whipsaw - you dont believe in the positive expectancy of the overall system - if that is the case, work on finding or developing one that you do believe in.

Just an opinion
Leugimp just gave you some of the best advice youll hear about the markets. I did the same thing as you when i started out last year, i just tried to follow everyone elses theories and speculations. I lost my ass man, then i heard that same thing and now things are rollin fine. Just for some insight to you. good luck with your career.
I dream, therefore I become.
  • #6,238
  • Feb 16, 2007 8:40am Feb 16, 2007 8:40am
The broker I use is open on Sunday eve and all day monday, normal hours. They are based in England, but I am in US...just info
  • #6,239
  • Feb 16, 2007 8:41am Feb 16, 2007 8:41am
Quoting positivepips
The broker I use is open on Sunday eve and all day monday, normal hours. They are based in England, but I am in US...just info
What broker is that? I kind of wanted to open another account with a different broker so as to be able to buy and sell at the same time, and i doubt my broker will allow me to have two accounts. Thanks in advance.
I dream, therefore I become.
  • #6,240
  • Feb 16, 2007 8:46am Feb 16, 2007 8:46am
Quoting mike w
What broker is that? I kind of wanted to open another account with a different broker so as to be able to buy and sell at the same time, and i doubt my broker will allow me to have two accounts. Thanks in advance.
I use CMC and I have two accounts... I have had good experience with the american side but the england side has not always been so nice, I like em cuz I can get in on fast pace news. never a requote or crap like that. only non farm a bit iffy on entry timing.not bad in comparison, been with others that sucked.
472 traders viewing now, 1 is registered: