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Cable Update (GBPUSD)

  • #6,561
  • Feb 22, 2007 2:28am Feb 22, 2007 2:28am
Quoting henrycarol
Nah,

THis move was on the charts clearly already......everyone should have at least consider short....

It is quite boring sometimes, since no 1 accompany me shorting.
looking for 1.9399
  • #6,562
  • Feb 22, 2007 2:38am Feb 22, 2007 2:38am
Quoting Zarul Shahrin
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....
Hope you're making a killing with GBPJPY... gees!!!!!!!!!
  • #6,563
  • Feb 22, 2007 2:39am Feb 22, 2007 2:39am
Quoting cesarnc
Hope you're making a killing with GBPJPY... gees!!!!!!!!!
He is not the only one shorted g/j though
  • #6,564
  • Feb 22, 2007 2:39am Feb 22, 2007 2:39am
Quoting henrycarol
He is not the only one shorted g/j though
  • #6,565
  • Feb 22, 2007 3:03am Feb 22, 2007 3:03am
Quoting cesarnc
OK, it is "The Beast" not "The Freak". But whatta hell, this baby has four shoulders!

http://i2.photobucket.com/albums/y28...nc/feb21-2.jpg

We are soooooo going up tomorrow.....
Ah, I believe that is the artistry of Henry Carol and his Friends.
  • #6,566
  • Feb 22, 2007 3:14am Feb 22, 2007 3:14am
Why the heck it is going up NOW?
  • #6,567
  • Feb 22, 2007 3:18am Feb 22, 2007 3:18am
Quoting cesarnc
Why the heck it is going up NOW?
Setting up a trap?
Tra-X
  • #6,568
  • Feb 22, 2007 3:33am Feb 22, 2007 3:33am
Quoting Traex
Setting up a trap?
I wonder who is getting trapped, we who SHORTED or those who entered LONG?

Positive GBP announcement...hmmmmmmmmmm.......
Show me the PIPS!
  • #6,569
  • Feb 22, 2007 3:36am Feb 22, 2007 3:36am
WTF?????????

This is not going on with EUR and YEN....Damn f'n cable....
  • #6,570
  • Feb 22, 2007 3:37am Feb 22, 2007 3:37am
Quoting tathlynq
I wonder who is getting trapped, we who SHORTED or those who entered LONG?

Positive GBP announcement...hmmmmmmmmmm.......
Godamn it... I didn't see that....
  • #6,571
  • Feb 22, 2007 3:40am Feb 22, 2007 3:40am
Quoting cesarnc
Why the heck it is going up NOW?
Sudden price hike 5+ mins before announcement preceded by gradual hour long price hike totally illogical against excellent short conditions.

Hmmm leaked figures?
  • #6,572
  • Feb 22, 2007 3:40am Feb 22, 2007 3:40am
Quoting cesarnc
WTF?????????

This is not going on with EUR and YEN....Damn f'n cable....
Yup! F'n Cable! The business borrowing was 2% higher than forecast for Cable. "Medium Impact" announcement. So I'm counting on it going back down.......If it closes above 1.9520 on the 1 HR then I'll reconsider my "optimistic" outlook.
Show me the PIPS!
  • #6,573
  • Feb 22, 2007 3:42am Feb 22, 2007 3:42am
Quoting tathlynq
Yup! F'n Cable! The business borrowing was 2% higher than forecast for Cable. "Medium Impact" announcement. So I'm counting on it going back down.......If it closes above 1.9520 on the 1 HR then I'll reconsider my "optimistic" outlook.
Yep, I'm staying short for today.
  • #6,574
  • Feb 22, 2007 3:42am Feb 22, 2007 3:42am
Well, it started moving up before the news. It's all GBP/JPY related.
Guys, we really should keep an eye on that pair. When it starts moving the chances are the cable will follow.
  • #6,575
  • Feb 22, 2007 3:43am Feb 22, 2007 3:43am
Eur/gbp has been hit badly and that's why the cable jumped higher......that pair used to be a stable one guarding the correlation between cable nad fiber. Unfortunately it's been moving like crazy dog for the last couple of weeks adding more chaos to the mess we have with stuck USD
  • #6,576
  • Feb 22, 2007 3:45am Feb 22, 2007 3:45am
Quoting JimboFX
Well, it started moving up before the news. It's all GBP/JPY related.
Guys, we really should keep an eye on that pair. When it starts moving the chances are the cable will follow.
And / Or the market skipped the news... I've seen this kind of thing happening before... It's gonna be a hard day.

I am now purely betting on Euro attempting its support at 3180 to drag Cable down... Otherwise I'll be damned....
  • #6,577
  • Feb 22, 2007 3:46am Feb 22, 2007 3:46am
If e/u breaks down below 1.3080 then staying short on g/u is very nice.

Depends now...hopes g/u go down again in 1hour's time.
  • #6,578
  • Feb 22, 2007 3:54am Feb 22, 2007 3:54am
Quoting cesarnc
And / Or the market skipped the news... I've seen this kind of thing happening before... It's gonna be a hard day.

I am now purely betting on Euro attempting its support at 3180 to drag Cable down... Otherwise I'll be damned....

At 5 AM EST. May it be negative! No offense EURO.......
Show me the PIPS!
  • #6,579
  • Feb 22, 2007 4:01am Feb 22, 2007 4:01am
Quoting tathlynq
At 5 AM EST. May it be negative! No offense EURO.......

Ahhhhhhh fudge it! It's positive!
Show me the PIPS!
  • #6,580
  • Feb 22, 2007 4:01am Feb 22, 2007 4:01am
Quoting tathlynq
At 5 AM EST. May it be negative! No offense EURO.......
News came out good... Euro didn't seem to care....
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