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Cable Update (GBPUSD)

  • #6,661
  • Feb 22, 2007 7:55am Feb 22, 2007 7:55am
Quoting Lojkine
We're now having a fantastic and gigantic move! The price fell 12 pips in less than 10 minutes!!! It's absolutely marvelous! It even broke the incredible support @ 1.9500 and it's now almost 10 pips away!! Goodness me! It's really hard to witness something like this!
Oh boy.......... excitement....
Show me the PIPS!
  • #6,662
  • Feb 22, 2007 7:56am Feb 22, 2007 7:56am
4th time failing 9490 in 4 hours.....

can it get a little bit more frustrating? Oh It can... having the 5th....
  • #6,663
  • Feb 22, 2007 7:59am Feb 22, 2007 7:59am
Quoting Lojkine
We're now having a fantastic and gigantic move! The price fell 12 pips in less than 10 minutes!!! It's absolutely marvelous! It even broke the incredible support @ 1.9500 and it's now almost 10 pips away!! Goodness me! It's really hard to witness something like this!
And now the long awaited retrace: the price crossed the 76.4%@1.9496 in style and is now head to head with the 61.8%@1.9499! Will we see a range between this two lines?
  • #6,664
  • Feb 22, 2007 7:59am Feb 22, 2007 7:59am
It's being squeezed like a sandwich now, once it breaks out it'll fart a tomahawk for 500 pips.
Tra-X
  • #6,665
  • Feb 22, 2007 8:02am Feb 22, 2007 8:02am
Quoting Traex
It's being squeezed like a sandwich now, once it breaks out it'll fart a tomahawk for 500 pips.
Yup it will........I already have Sells on.....with SLs on.....with buy stops just in case
  • #6,666
  • Feb 22, 2007 8:02am Feb 22, 2007 8:02am
Quoting Traex
It's being squeezed like a sandwich now
The bollinger bands are so tight, the price can barely pass in between.
  • #6,667
  • Feb 22, 2007 8:02am Feb 22, 2007 8:02am
Looks like Cable is just mimicking Euro...

Problem is that for each 10 pips Euro moves, it has to perform the whole f'n fibo retracement. It takes like 4 hours to do so....

And for each 1 pips that EUR moves, Cable moves 10. That's why we're trapped here...

Some time during the next decade Euro will double bottom 3180 again. Just be patient
  • #6,668
  • Feb 22, 2007 8:04am Feb 22, 2007 8:04am
Seems to me that market is fairly evenly split. The limited news was not enough to sway market either way and so a stalemate ensues.
Methinks - they are making their pips elsewhere.

I hate days like this...
  • #6,669
  • Feb 22, 2007 8:08am Feb 22, 2007 8:08am
I guess all big boys have given up and switched off their monitors in order not to fall asleep. We might stay in this range untill next NFP and we can only hope the data are strong/weak enough to crack that damned sideways mode. If the data are mixed again ... I don't even want to think about it.
  • #6,670
  • Feb 22, 2007 8:12am Feb 22, 2007 8:12am
Good time for a pool...

Do you think we will see 9489 today?

a) HELL Yeah!!
b) HELL No!

Correcting... 9489.... Sorry
  • #6,671
  • Feb 22, 2007 8:18am Feb 22, 2007 8:18am
Quoting cesarnc
Good time for a pool...

Do you think we will see 9489 today?

a) HELL Yeah!!
b) HELL No!

Correcting... 9489.... Sorry
yep,... todays trend down cuz we have henrycarol!
  • #6,672
  • Feb 22, 2007 8:18am Feb 22, 2007 8:18am
Quoting cesarnc
Good time for a pool...

Do you think we will see 9489 today?

a) HELL Yeah!!
b) HELL No!

Correcting... 9489.... Sorry
First the beach now the pool...

a) HELL Yeah!!
  • #6,673
  • Feb 22, 2007 8:19am Feb 22, 2007 8:19am
b)
Trade what you see, not what you think.
  • #6,674
  • Feb 22, 2007 8:22am Feb 22, 2007 8:22am
Quoting karmostaji
b)
What happened to your patience?
  • #6,675
  • Feb 22, 2007 8:22am Feb 22, 2007 8:22am
if current 4h candle closes around 9500, we'll have a nice doji and we might see a reversal to upwards..
Trade what you see, not what you think.
  • #6,676
  • Feb 22, 2007 8:22am Feb 22, 2007 8:22am
Quoting Traex
It's being squeezed like a sandwich now, once it breaks out it'll fart a tomahawk for 500 pips.
that results in two words...heart attack.
I dream, therefore I become.
  • #6,677
  • Feb 22, 2007 8:26am Feb 22, 2007 8:26am
Quoting karmostaji
if current 4h candle closes around 9500, we'll have a nice doji and we might see a reversal to upwards..
Or possibly the reverse of that.
The bears are really testing the9490 support now!
  • #6,678
  • Feb 22, 2007 8:29am Feb 22, 2007 8:29am
Quoting cesarnc
Good time for a pool...

Do you think we will see 9489 today?

a) HELL Yeah!!
b) HELL No!

Correcting... 9489.... Sorry
a
yes i think will down but its more than 12 times want broke and go down but cant its danger now....
SPEED SPEED SPEED
  • #6,679
  • Feb 22, 2007 8:29am Feb 22, 2007 8:29am
Quoting goonergonebad
Or possibly the reverse of that.
The bears are really testing the9490 support now!
yep
but I think we need the euro to support the move
  • #6,680
  • Feb 22, 2007 8:30am Feb 22, 2007 8:30am
You lot bragging about the Beaches and Pools.. Just think of us that only have a bath to sit in...

Might take my laptop with me, to help me fall asleep!!
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