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Cable Update (GBPUSD)

  • #6,681
  • Feb 22, 2007 8:32am Feb 22, 2007 8:32am
Quoting positivepips
yep
but I think we need the euro to support the move
[FOCUS COMMENT: GERMAN IFO EYED FOR DIRECTION] With rangebound trade keeping a downside break in Eur/Usd at bay today, players look ahead to tomorrow's key German IFO report as the next driver

window is closing
  • #6,682
  • Feb 22, 2007 8:39am Feb 22, 2007 8:39am
I think wich GBPUSD is an UPTREND or consolidate for next hours (following EURUSD and the bad news from claims).

I take a poor profit of my short position (16pips) after 7 hours of trade..

Arrrrrrrrrrrrrrrgggggggghhh..... bad day!!!

Dónde irá el Cable hoy????

What's cable's direction today?...

I'm confussed....
  • #6,683
  • Feb 22, 2007 8:40am Feb 22, 2007 8:40am
Quoting cesarnc
[FOCUS COMMENT: GERMAN IFO EYED FOR DIRECTION] With rangebound trade keeping a downside break in Eur/Usd at bay today, players look ahead to tomorrow's key German IFO report as the next driver

window is closing
not so fast here we go
  • #6,684
  • Feb 22, 2007 8:40am Feb 22, 2007 8:40am
AARRRGGHH It touched 1.9490 again... for a millisecond... and back up again!!

up

down

up

down


sideways..

down

up...

oh god somebody shoot me
  • #6,685
  • Feb 22, 2007 8:41am Feb 22, 2007 8:41am
The amount of buy orders placed at 9.25 this morning GMT is really making the 9490 support level incredibly virile.
  • #6,686
  • Feb 22, 2007 8:44am Feb 22, 2007 8:44am
Quoting goonergonebad
The amount of buy orders placed at 9.25 this morning GMT is really making the 9490 support level incredibly virile.
They must have some kind of anti-henrycarol there...
  • #6,687
  • Feb 22, 2007 8:46am Feb 22, 2007 8:46am
I feel a nice move coming on...

The Yen isnt dragging on it now, the Euro is teetering around 1.31.. Literally I reckon we are going to see a massive break in the next half hour..

It still wanting to stay short, despite earlier efforts to come out of it..

Sit tight guys... oh sorry.. sit tighter!!!
  • #6,688
  • Feb 22, 2007 8:47am Feb 22, 2007 8:47am
Quoting cesarnc
anti-henrycarol
Gosh, that was funny
I like this whole henrycarol legend, it's fun to have something like this stuff in a community. Mark my words he'll become a world-known star soon
  • #6,689
  • Feb 22, 2007 8:54am Feb 22, 2007 8:54am
I'll just stradle this s"#t and let the work to God! What a stupid morning!
  • #6,690
  • Feb 22, 2007 8:55am Feb 22, 2007 8:55am
Quoting MarkGavalda
Gosh, that was funny
I like this whole henrycarol legend, it's fun to have something like this stuff in a community. Mark my words he'll become a world-known star soon
damm he left the room and bam up it goes
  • #6,691
  • Feb 22, 2007 8:56am Feb 22, 2007 8:56am
Those damn quick 5 pips up spikes kill me a little....
  • #6,692
  • Feb 22, 2007 8:58am Feb 22, 2007 8:58am
OH god.. I almost want it to go up so at least its moving..

Dont know what drove that little 12 pip jump.

Lets hope that it was just moving up to test the support for one last time before it drops to 1.94
  • #6,693
  • Feb 22, 2007 8:58am Feb 22, 2007 8:58am
Quoting cesarnc
Those damn quick 5 pips up spikes kill me a little....
good to go up so ...it will have umf to push back down, thats the game
  • #6,694
  • Feb 22, 2007 9:02am Feb 22, 2007 9:02am
Quoting positivepips
good to go up so ...it will have umf to push back down, thats the game
that's the gambling
  • #6,695
  • Feb 22, 2007 9:03am Feb 22, 2007 9:03am
You know its a bad day when your shares are outperforming your Forex account.

I almost dont want to watch it anymore, ive spent all day praying for it to drop..

BORING....
  • #6,696
  • Feb 22, 2007 9:04am Feb 22, 2007 9:04am
Quoting cesarnc
that's the gambling
It builds chart patterns and patience or lack of
  • #6,697
  • Feb 22, 2007 9:06am Feb 22, 2007 9:06am
Seems like traders are making money on JPY pairs.....

and maybe GOLD too........geez
  • #6,698
  • Feb 22, 2007 9:07am Feb 22, 2007 9:07am
[EIA, API INVENTORY OUTLOOK] US weekly petroleum inventory reports are due today around 10.30 EST. Wire surveys call for a rise in crude stocks, virtually no change in gasoline stocks and a large drop in distillate stocks. Estimates center on crude stocks rising 1.2 mln barrels. Estimates for distillates are for a 2.9 mln barrel drop and a 100K rise to 50K barrel drop in gasoline stocks. NYMEX April crude futures are up over $1.50/barrel since last Wednesday's close following US petroleum inventory data. Last week, crude stocks fell against estimates for a rise, distillates fell less than expected and gasoline fell against estimates for a large rise.

Okaaay... is this USD-positive or negative?
  • #6,699
  • Feb 22, 2007 9:09am Feb 22, 2007 9:09am
I think the patient traders who got into the GBPJPY on a 120min chart have had a solid 400 pips in the last 3 days..

Shame I dont have that kind of patience..

Come to think of it.. If I was long on it, it would surely be dropping like a brick now..

Damn, just like the cable is rising!! perfect!!
  • #6,700
  • Feb 22, 2007 9:10am Feb 22, 2007 9:10am
Quoting cesarnc
[EIA, API INVENTORY OUTLOOK] US weekly petroleum inventory reports are due today around 10.30 EST. Wire surveys call for a rise in crude stocks, virtually no change in gasoline stocks and a large drop in distillate stocks. Estimates center on crude stocks rising 1.2 mln barrels. Estimates for distillates are for a 2.9 mln barrel drop and a 100K rise to 50K barrel drop in gasoline stocks. NYMEX April crude futures are up over $1.50/barrel since last Wednesday's close following US petroleum inventory data. Last week, crude stocks fell against estimates for a rise, distillates fell less than expected and gasoline fell against estimates for a large rise.

Okaaay... is this USD-positive or negative?
is the writer running for president? circle talk
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