Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#6,541
Feb 21, 2007 11:47pm Feb 21, 2007 11:47pm

tathlynq
| Joined Nov 2005 | Status: LEARNING | 403 Posts

London open I hope will straighten everything out.

Show me the PIPS!

#6,542
Feb 21, 2007 11:52pm Feb 21, 2007 11:52pm

BRForex
| Membership Revoked | Joined Dec 2006 | 259 Posts

1.9520 <> 1.9480 batle now

#6,543
Feb 21, 2007 11:54pm Feb 21, 2007 11:54pm

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Quoting tathlynq

Disliked

London open I hope will straighten everything out.

Ignored

Don't know... while Cable was drawing a H&S suggesting UP today, Euro was drawing a H&S suggesting down... USDJPY is still recoverying from rate speculation and has room to go up...

On the absence of fundys today this can be a day to flush stops out. damn it...

#6,544
Feb 21, 2007 11:56pm Feb 21, 2007 11:56pm

BRForex
| Membership Revoked | Joined Dec 2006 | 259 Posts

simple chart...

http://img530.imageshack.us/img530/7...x002vh2.th.jpg

#6,545
Feb 21, 2007 11:57pm Feb 21, 2007 11:57pm

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

[EUR/USD] has been jolted out of the doldrums by a series of German and Russian selling. Stops at 1.3090 are attracting the price action and whilst some tip real money bids around 1.380, there were many reports last week of sell stops layered through the 1.3080-40 region, these resulting from longs established on the Bernanke inspired spike through 1.3100. Note CTA's are also selling Eur/Yen on the back of the headline sales.

#6,546
Feb 22, 2007 12:00am Feb 22, 2007 12:00am

Dr Zarul
| Joined Jul 2006 | Status: Forex Noob | 321 Posts

wuhoo! Henry Carol and Soros is dumping 1 trillion into the market.... wuhooo.. Don't lie Henry. I know what you're thinking! You say you're out of the market, so people will cool down, and you put all your cash in and drive us all to the south, I won't let you get over me with your dirty trick dude!!!

I am just here to talk nonsense =D

#6,547
Feb 22, 2007 12:04am Feb 22, 2007 12:04am

Dr Zarul
| Joined Jul 2006 | Status: Forex Noob | 321 Posts

but I should thank you though, As I am short for gbpjpy,

So, let us

I am just here to talk nonsense =D

#6,548
Feb 22, 2007 12:06am Feb 22, 2007 12:06am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Quoting Zarul Shahrin

Disliked

but I should thank you though, As I am short for gbpjpy, So, let us

Ignored

WOW you got balls...

I don't leave the electric chair to trade GBPJPY

#6,549
Feb 22, 2007 12:07am Feb 22, 2007 12:07am

tathlynq
| Joined Nov 2005 | Status: LEARNING | 403 Posts

Quoting Zarul Shahrin

Disliked

wuhoo! Henry Carol and Soros is dumping 1 trillion into the market.... wuhooo.. Don't lie Henry. I know what you're thinking! You say you're out of the market, so people will cool down, and you put all your cash in and drive us all to the south, I won't let you get over me with your dirty trick dude!!!

Ignored

You know he did say he was SHORT in the other Cable thread. *LOL*

Show me the PIPS!

#6,550
Feb 22, 2007 12:08am Feb 22, 2007 12:08am

Dr Zarul
| Joined Jul 2006 | Status: Forex Noob | 321 Posts

Quoting cesarnc

Disliked

WOW you got balls...

I don't leave the electric chair to trade GBPJPY

Ignored

The pair is crazy, but I am recovering almost 70% of my lost as a result of last week tragedy trading gbpusd, GBPJPY is more predictable for a TA guy like me though...

I am just here to talk nonsense =D

#6,551
Feb 22, 2007 12:08am Feb 22, 2007 12:08am

coshbrewer
| Joined Jul 2006 | Status: Trader | 32 Posts

catch this slight retrace 'cos it's going down

Monny a mickle macks a muckle

#6,552
Feb 22, 2007 12:11am Feb 22, 2007 12:11am

henrycarol
| Joined Jul 2006 | Status: Trader | 416 Posts

Strong dollar buying across the board now.

Something is buying dollar........

#6,553
Feb 22, 2007 12:13am Feb 22, 2007 12:13am

Dr Zarul
| Joined Jul 2006 | Status: Forex Noob | 321 Posts

But I should put a big "WARNING" to those of you who think GBPJPY is easy money just because it's predictable, this pair is damn volatile, don't be suprised to see your +100 turned into -150 in less than 1 hour....

I am just here to talk nonsense =D