Cable Update (GBPUSD) | Page 4476 | 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)

  • #89,501
  • Sep 29, 2008 7:14am Sep 29, 2008 7:14am
[quote=nAVIN2007;2247600]absolutely but id have thought well if they cant agree on the bailout then why is the markeyt making dollar stronger unless they antipate it..which is what people are doing, lets be honest if the bailout doesnt happen then the world ecomony is doomed or changed forever[/quot
what impact does the bailout have on our market?
  • #89,502
  • Sep 29, 2008 7:15am Sep 29, 2008 7:15am
Quoting Qu|cksilver
At the moment i have 2 long position at 1.7996 and 1.8002
Both stoploss at BE.
Have you set t/p on theses two longs or are you just scalping
  • #89,503
  • Sep 29, 2008 7:21am Sep 29, 2008 7:21am
Quoting Chris_35
Have you set t/p on theses two longs or are you just scalping
set my TP at 1.8450
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,504
  • Sep 29, 2008 7:24am Sep 29, 2008 7:24am
[quote=finian204rea;2247659]
Quoting nAVIN2007
absolutely but id have thought well if they cant agree on the bailout then why is the markeyt making dollar stronger unless they antipate it..which is what people are doing, lets be honest if the bailout doesnt happen then the world ecomony is doomed or changed forever[/quot
what impact does the bailout have on our market?
no idea...
but my thinking is whatever goes wrong with US theres always a bailout, people feel secure and its the reverse currency of the world, nothing there to suggest that if UK was in big shit this backup plans would be the same..who knows..

the way i see it is: US is more shit 100 times than UK but the dollar is gaining strength, it makes no sense to me at all so if any1 can explain this to me that would be insightfull

but to answer your question id say the dollar would gain more strength..and the bailout is antipated hence the reasoning possibly for the gain of strength
  • #89,505
  • Sep 29, 2008 7:25am Sep 29, 2008 7:25am
Quoting Qu|cksilver
set my TP at 1.8450
Maybe it go down to 17900 area first
  • #89,506
  • Sep 29, 2008 7:26am Sep 29, 2008 7:26am
i have a sell order pending around the 8075 area
  • #89,507
  • Sep 29, 2008 7:30am Sep 29, 2008 7:30am
[quote=nAVIN2007;2247685]
Quoting finian204rea

no idea...
but my thinking is whatever goes wrong with US theres always a bailout, people feel secure and its the reverse currency of the world, nothing there to suggest that if UK was in big shit this backup plans would be the same..who knows..

the way i see it is: US is more shit 100 times than UK but the dollar is gaining strength, it makes no sense to me at all so if any1 can explain this to me that would be insightfull
the 1 newsletter i read said (i think IBFX newsletter, but i'm not sure) .... for other countries to buy the US debt they need $, so this also helps the $...

BUT like you said .... NO IDEA
  • #89,508
  • Sep 29, 2008 7:32am Sep 29, 2008 7:32am
Quoting Qu|cksilver
At the moment i have 2 long position at 1.7996 and 1.8002
Both stoploss at BE.
hope it goes well....looks like a good fibo call.
I just don't have the guts yet, none of my indi shows an uptrend, YET!
  • #89,509
  • Sep 29, 2008 7:37am Sep 29, 2008 7:37am
Quoting Chris_35
Maybe it go down to 17900 area first
Actually i have no idea whether the trend want to continue going down or up. Just now i just gambling. Anyway if i lose, i will long nothing. Stoploss at breakeven.
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,510
  • Sep 29, 2008 7:47am Sep 29, 2008 7:47am
i think cabal have a strong downtrend possible target @1.79 next target @1.765..
wish me luck!
  • #89,511
  • Sep 29, 2008 7:51am Sep 29, 2008 7:51am
heading toward 1.8133, in case it holds i'll go short and add some more when indicators confirm the sign, else focus will be turned on 1.8310-30 area, H1, H4 and charts are below Gann HiLo (sell signal), at the moment we have a reversal sign on 4H, somehow this sign tells me that we're not going dramatic moves this week... a daily close below Gann HiLo and QQE (Quantitative Qualitative Estimation) crosses down forms a strong sell signal.
I recommend you read something else as this sentence is now concluded.
  • #89,512
  • Sep 29, 2008 8:07am Sep 29, 2008 8:07am
Didnt wait to see if it could make it 17900 so jumped out at 8024 with a small 12 pips.
  • #89,513
  • Sep 29, 2008 8:12am Sep 29, 2008 8:12am
will still be looking to enter short with 17919 as t/p and then to enter a long position with large retrace, but wont enter short untill I see price being driven down
  • #89,514
  • Sep 29, 2008 8:24am Sep 29, 2008 8:24am
guys the trend is down, dont bet on your longs. what you see is only a retracement
When life gives you lemons, make lemonade
  • #89,515
  • Sep 29, 2008 8:29am Sep 29, 2008 8:29am
Quoting micho
guys the trend is down, dont bet on your longs. what you see is only a retracement
have shorted this three times now with 17900 as target but have taken small profits as it keeps coming back to the 50% fib. Will wait for a good entry point again so that if need be I can take other small gains
  • #89,516
  • Sep 29, 2008 8:37am Sep 29, 2008 8:37am
I hope to see a bounce off the 35sma on the 1 hour(thanks eohater) and ride her down
Please ask questions and share your experiences with us all!
  • #89,517
  • Sep 29, 2008 8:43am Sep 29, 2008 8:43am
Quoting Chris_35
have shorted this three times now with 17900 as target but have taken small profits as it keeps coming back to the 50% fib. Will wait for a good entry point again so that if need be I can take other small gains
it will go down most probably but it needs time because there was a strong support and a pin on the hourly and 15M... so maybe we go up or range for 1 day or 2 then we will continue
When life gives you lemons, make lemonade
  • #89,518
  • Sep 29, 2008 8:56am Sep 29, 2008 8:56am
Quoting micho
it will go down most probably but it needs time because there was a strong support and a pin on the hourly and 15M... so maybe we go up or range for 1 day or 2 then we will continue
do you have anything that support your view?
I recommend you read something else as this sentence is now concluded.
  • #89,519
  • Sep 29, 2008 9:21am Sep 29, 2008 9:21am
This is not trading today. But I think it is pot luck and at the moment my pot is out of luck
  • #89,520
  • Sep 29, 2008 9:37am Sep 29, 2008 9:37am
Quoting Chris_35
This is not trading today. But I think it is pot luck and at the moment my pot is out of luck
i keep getting drilled aswell!!!
Keep It Simple Stupid
321 traders viewing now