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Cable Update (GBPUSD)

  • #6,401
  • Feb 20, 2007 7:36am Feb 20, 2007 7:36am
Quoting musicman007
Any ideas where we are going?
Anyone with any ideas.. hmm
Trade what you see, not what you think.
  • #6,402
  • Feb 20, 2007 7:46am Feb 20, 2007 7:46am
Went LONG. Hope to see at least a retest of 1.9550 area. Oh please "kind" spirits of FOREX! *LOL*
Show me the PIPS!
  • #6,403
  • Feb 20, 2007 7:51am Feb 20, 2007 7:51am
19680, then 666 the only true pivot number....

i like numbers such as
444
555
666
777
888
999

I dont really care from what number to what number since the sum is the same... 555-444 = I 444 -555 I = 111

if u buy at 444, and sell at next number u got exactly 111 pips or vise versa... acordingly to numerology and astrology, that should be our main mental TP, if u sumarize 111 +111+111+111+111+111 = 666 the DEVILS number
its just money
  • #6,404
  • Feb 20, 2007 7:53am Feb 20, 2007 7:53am
Quoting karmostaji
Anyone with any ideas.. hmm
I think that for the rest of today we should stay in a tight range somewhere between the 9515's-9560. I believe that this range will break when tomorrow morning comes with the BOE meeting minutes and then later in the day you have CPI coming out of the US. I will be watching the frankfurt and london session tomorrow morning for signs to see which way it'll go. I still believe that once we break the 60's look out for the 9615, there may be a a little bit of a retracement. Once it breaks through that it should be on it's way to 9669 or in that range. Those are my thoughts. I'd be interested to see what everyone else has to say.

Thanks
  • #6,405
  • Feb 20, 2007 8:15am Feb 20, 2007 8:15am
Quoting de123
19680, then 666 the only true pivot number....

i like numbers such as
444
555
666
777
888
999

I dont really care from what number to what number since the sum is the same... 555-444 = I 444 -555 I = 111

if u buy at 444, and sell at next number u got exactly 111 pips or vise versa... acordingly to numerology and astrology, that should be our main mental TP, if u sumarize 111 +111+111+111+111+111 = 666 the DEVILS number
I hate ranging markets
  • #6,406
  • Feb 20, 2007 8:21am Feb 20, 2007 8:21am
Quoting thunder
I think that for the rest of today we should stay in a tight range somewhere between the 9515's-9560. I believe that this range will break when tomorrow morning comes with the BOE meeting minutes and then later in the day you have CPI coming out of the US. I will be watching the frankfurt and london session tomorrow morning for signs to see which way it'll go. I still believe that once we break the 60's look out for the 9615, there may be a a little bit of a retracement. Once it breaks through that it should be on it's way to 9669 or in that range. Those are my thoughts. I'd be interested to see what everyone else has to say.

Thanks
I'll also be up by FRA open, but for scalp purposes.. I don't want to get caught by f'n German Fake Head again... London tomorrow still a mistery to me...

Again: BOE minutes 5-4 (fcast) for NO HIKE would me of some move? Last BOE minutes pulled Cable down (Jan-24) but it was on the day after 9900.

Now I'm clueless....
  • #6,407
  • Feb 20, 2007 8:25am Feb 20, 2007 8:25am
Quoting de123
19680, then 666 the only true pivot number....

i like numbers such as
444
555
666
777
888
999

I dont really care from what number to what number since the sum is the same... 555-444 = I 444 -555 I = 111

if u buy at 444, and sell at next number u got exactly 111 pips or vise versa... acordingly to numerology and astrology, that should be our main mental TP, if u sumarize 111 +111+111+111+111+111 = 666 the DEVILS number
lol it's a stupid theory but is quite important.
Tra-X
  • #6,408
  • Feb 20, 2007 8:28am Feb 20, 2007 8:28am
Quoting cesarnc
I'll also be up by FRA open, but for scalp purposes.. I don't want to get caught by f'n German Fake Head again... London tomorrow still a mistery to me...

Again: BOE minutes 5-4 (fcast) for NO HIKE would me of some move? Last BOE minutes pulled Cable down (Jan-24) but it was on the day after 9900.

Now I'm clueless....
I think if we're trading near the high 40's or 50's tomorrow at fra open you could expect to see a dip the downside and then a push up at the london open. The opposite of what happened this morning. Just a possiblity. I'm not sure just speculating at this point.
  • #6,409
  • Feb 20, 2007 9:12am Feb 20, 2007 9:12am
I have a feeling that 'Henrycarol's' resistance has moved from 9710-20 to 9550-60 now. Watch out guys.
Tra-X
  • #6,410
  • Feb 20, 2007 9:25am Feb 20, 2007 9:25am
This is 6th time... 6th TIME - TODAY that it bangs at 9547...

damn you henrycarol - let it go... 9444 is history
  • #6,411
  • Feb 20, 2007 9:30am Feb 20, 2007 9:30am
Quoting cesarnc
This is 6th time... 6th TIME - TODAY that it bangs at 9547...

damn you henrycarol - let it go... 9444 is history
And there was no 7th
  • #6,412
  • Feb 20, 2007 9:34am Feb 20, 2007 9:34am
The slight up on g/u is due to E/G dropping.

Look at e/u and usd/chf not much changes.
  • #6,413
  • Feb 20, 2007 9:39am Feb 20, 2007 9:39am
Quoting henrycarol
The slight up on g/u is due to E/G dropping.

Look at e/u and usd/chf not much changes.
Yep... I prefer trading USD moves. This time is neither USD nor JPY carry... Damn it... I wasn't suppose to be hanging out here... Freaking tempted to trade in panic... 100% I try, 100% a loose

Gonna grab a nap....
  • #6,414
  • Feb 20, 2007 9:44am Feb 20, 2007 9:44am
The market trend on Gbp/usd looks really difficult to predict which direction is going now.Anybody with any ideas?Thanks.
With patience and discipline,you move beyond the sky
  • #6,415
  • Feb 20, 2007 9:50am Feb 20, 2007 9:50am
Quoting biodunola07
The market trend on Gbp/usd looks really difficult to predict which direction is going now.Anybody with any ideas?Thanks.
Well, after a successful day I have banked the lot and now will place an entry long at 9575 with a sl at 9550. Also a sell at 9540 and limit 9490.

Then i will watch and wait !
  • #6,416
  • Feb 20, 2007 9:56am Feb 20, 2007 9:56am
Quoting musicman007
Well, after a successful day I have banked the lot and now will place an entry long at 9575 with a sl at 9550. Also a sell at 9540 and limit 9490.

Then i will watch and wait !
After more analysis make it entry long at 9590 tp9665 and short 9540 tp 20
  • #6,417
  • Feb 20, 2007 10:02am Feb 20, 2007 10:02am
Quoting musicman007
Well, after a successful day I have banked the lot and now will place an entry long at 9575 with a sl at 9550. Also a sell at 9540 and limit 9490.

Then i will watch and wait !
Thanks I appreciate your response
With patience and discipline,you move beyond the sky
  • #6,418
  • Feb 20, 2007 10:46am Feb 20, 2007 10:46am
Folks its obvious we are and have been in a ranging market.

So unless you have the guts to fade, stay away from the beast
Pipology 101 student
  • #6,419
  • Feb 20, 2007 11:27am Feb 20, 2007 11:27am
Quoting pipology-101
Folks its obvious we are and have been in a ranging market.

So unless you have the guts to fade, stay away from the beast
Yup....

Just woke up to see that nice fat fake breakout, stop hunting, whipsaw, whatever at the 9570 area. I decided to stay out, betting on the false breakout, for this is being the responsible for like 75% of all my losses here...

But I woke up with that nasty feeling that I'd see Cable at 9700 while I was missing it

This was my best false breakout trade so far
  • #6,420
  • Feb 20, 2007 11:57am Feb 20, 2007 11:57am
Gbp/usd is currently at 1.9550 is it liklely to go up a little bit or down ?Any body with useful sugestion?
With patience and discipline,you move beyond the sky
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