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Cable Update (GBPUSD)

  • #6,381
  • Feb 20, 2007 1:59am Feb 20, 2007 1:59am
Quoting karmostaji
O god..

whenever I see your s/n, the price is starts falling...
It's usually difficult to see what henrycarol sees. And it is usually good to trade what he trades.

But since he never disclose his SL, I don't jump in everytime... If we see 9800 then 9444, he's going to tell "Told you so" and I'll be looking for my account's corpse
  • #6,382
  • Feb 20, 2007 2:00am Feb 20, 2007 2:00am
Quoting cesarnc
Man, I really thought we'd be seeign 9700s today. Since Asian session it's been 4 assaults to the 9550 area. I thought this 4th would be the ultimate. EURO was above 3170, which was a clear bullish signal...

Then comes London session and that's what we see now
hi my friend ,

why you think we met 1.9700 ?!?!?!??!?!
today market will be 1.9450 - 1.9550
  • #6,383
  • Feb 20, 2007 2:02am Feb 20, 2007 2:02am
Quoting viking
hi my friend ,

why you think we met 1.9700 ?!?!?!??!?!
today market will be 1.9450 - 1.9550
TODAY? It's being 9450-9550 for about 10 days now.... a little more, a little less, but that's it.....
  • #6,384
  • Feb 20, 2007 2:05am Feb 20, 2007 2:05am
Quoting cesarnc
TODAY? It's being 9450-9550 for about 10 days now.... a little more, a little less, but that's it.....
It's been trading in this channel/triangle for the past 10 days, we'll have a breakout soon either way
Trade what you see, not what you think.
  • #6,385
  • Feb 20, 2007 2:06am Feb 20, 2007 2:06am
Quoting cesarnc
TODAY? It's being 9450-9550 for about 10 days now.... a little more, a little less, but that's it.....

I said today because you told "we'd be seeign 9700s today"
  • #6,386
  • Feb 20, 2007 2:07am Feb 20, 2007 2:07am
Quoting thunder
I don't think your predictions are that far off. I am looking at a head and shoulders on the 1hr and I think that it formed the other shoulder during the london session. If it breaks the neck line I expect it to go 1.9669 or in that area. Only time will tell.
You mean head at 9430 yesterday, right?

I see it... Then the neck is the 4hr (and 1hr) 250EMA... This figure is being a usual resistance / support for some time...

It will be about the BOE minutes tomorrow.

Do you guys think that voting for "no-hike" is already priced in or we would see 9300s tomorrow?
  • #6,387
  • Feb 20, 2007 2:10am Feb 20, 2007 2:10am
i say on the 13th day in this range we will be at the devils again,...with or without henry, only if those JPY will screw evrything tomorow...
its just money
  • #6,388
  • Feb 20, 2007 2:12am Feb 20, 2007 2:12am
Quoting cesarnc
It's usually difficult to see what henrycarol sees. And it is usually good to trade what he trades.

But since he never disclose his SL, I don't jump in everytime... If we see 9800 then 9444, he's going to tell "Told you so" and I'll be looking for my account's corpse
Haha.

Remember to use SL my friends. I dun really like SLs, it is bad for my health.
  • #6,389
  • Feb 20, 2007 2:12am Feb 20, 2007 2:12am
Quoting karmostaji
O god..

whenever I see your s/n, the price is starts falling...
Haha dun blame me my friend.......

Maybe all this while G/U is on a downtrend?
  • #6,390
  • Feb 20, 2007 2:13am Feb 20, 2007 2:13am
Quoting viking
I said today because you told "we'd be seeign 9700s today"
Yes that's what I thought before and during Frankfurt open, when price was at 9547....

I had in mind that we'd be seeing a break of this channel, since dollar-index broke its ranging channel to the downside, mostly because of EURO and YEN.

Consolidation on Friday, low volume expected y'day, people back to work today....

But that's not what happened. Or it is going to be about BOJ and BOE tomorrow...
  • #6,391
  • Feb 20, 2007 2:14am Feb 20, 2007 2:14am
Quoting cesarnc
Do you guys think that voting for "no-hike" is already priced in or we would see 9300s tomorrow?
Well to be honest I'm praying for a sudden hike again Last time I made a ton of money on that... Good ol' times
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  • #6,392
  • Feb 20, 2007 2:18am Feb 20, 2007 2:18am
Ahhhhh yes, I remember that day. A day I was sitting out of the market and it moved 100 + PIPS! I hope they do it again soon!
Show me the PIPS!
  • #6,393
  • Feb 20, 2007 2:22am Feb 20, 2007 2:22am
Quoting karmostaji
It's been trading in this channel/triangle for the past 10 days, we'll have a breakout soon either way
Yup... And we only saw 9430 y'day because of BOE surprising B.S., that was full retraced afterwards....

I'd like to see another hike tomora... Long @ MKT, SL -1 pip TP 500 pips
  • #6,394
  • Feb 20, 2007 2:24am Feb 20, 2007 2:24am
Quoting tathlynq
Ahhhhh yes, I remember that day. A day I was sitting out of the market and it moved 100 + PIPS! I hope they do it again soon!
150+ pips in seconds... I was amazed by "DA MOVE" Sweet, that's why we like forex, isn't it?
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  • #6,395
  • Feb 20, 2007 2:26am Feb 20, 2007 2:26am
Quoting cesarnc
Yup... And we only saw 9430 y'day because of BOE surprising B.S., that was full retraced afterwards....

I'd like to see another hike tomora... Long @ MKT, SL -1 pip TP 500 pips
Now that's positive thinking!
Show me the PIPS!
  • #6,396
  • Feb 20, 2007 2:31am Feb 20, 2007 2:31am
Here is the H&S I see. I think today we might stay in the range of 9550-9466. I think that tomorrow is when this formation will continue or fall apart. I will be looking for the neckline to be broken at the 9555 mark or so.

For tomorrow I would expect a big move if it breaks above the 9630 or goes below the 9430.
Attached Image
  • #6,397
  • Feb 20, 2007 4:40am Feb 20, 2007 4:40am
Shitty news keep on coming.

[NORTH AMERICA FX OPEN] A touted 1.32 barrier in Eur/Usd and a run higher in US Treasury yields has punctured attempts to press the Usd's downside. The Jpy is on the slip on the expectation the BoJ, whatever its decision, will leave it weak. A light data slate plus a Fed speaker scheduled to speak on risk management is unlikely to see range boundaries pressed
  • #6,398
  • Feb 20, 2007 5:05am Feb 20, 2007 5:05am
Is anybody seeing henrycarol's 9444 still today? OR only after bouncing at 9800?
  • #6,399
  • Feb 20, 2007 5:12am Feb 20, 2007 5:12am
Quoting cesarnc
Is anybody seeing henrycarol's 9444 still today? OR only after bouncing at 9800?
I hope henry's wrong this time, I'm long since 1.9530 and I really feel like it's going up this time... I've survived a few dips they proved to be just small retracements. Now it's time for a payout
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  • #6,400
  • Feb 20, 2007 5:25am Feb 20, 2007 5:25am
I went long at 9482 with a sl at 55 and tp 40. so far so good, sl now at 9520 and moving up manually. Any ideas where we are going? Watching for a top around 9550 at present.
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