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Cable Update (GBPUSD)

  • #7,341
  • Mar 1, 2007 12:01am Mar 1, 2007 12:01am
What the heck caused that ?????

Fortunately I was long from 9577 and 9591 so bailed at 9610 and am one happy bunny..... Is there any news..??? cant see anything
  • #7,342
  • Mar 1, 2007 12:04am Mar 1, 2007 12:04am
London opening
  • #7,343
  • Mar 1, 2007 12:07am Mar 1, 2007 12:07am
OF COURSE....silly me for not paying attention and trying to get the kids off to school....DOH !!!!
  • #7,344
  • Mar 1, 2007 12:10am Mar 1, 2007 12:10am
Jesus.. I go away for 3 mins to make a cup of tea.. and my short gets blown away by london opening..

Anybody think its staying Long??
  • #7,345
  • Mar 1, 2007 12:20am Mar 1, 2007 12:20am
Quoting patricio0793
Jesus.. I go away for 3 mins to make a cup of tea.. and my short gets blown away by london opening..

Anybody think its staying Long??

i think around one hour or more the upcomping news is good for euro and gbp
  • #7,346
  • Mar 1, 2007 12:20am Mar 1, 2007 12:20am
Quoting kaesar
London opening
This happened 5 minutes before London opening…… ?

  • #7,347
  • Mar 1, 2007 12:28am Mar 1, 2007 12:28am
yeah...i need coffee en coklat that very be enjoy

yaeh.we know just wait and see until london open
but..
i think if we saw gbp price now in 1.9607 en high price 1.9639,low price in 1.9567 en than we look pivot point near in price open morning,basicly we ca take position sell gbp because we can see in H1,H4 en Daily candle have hanging man so we have chance take profit 60 pips ( this just only fo short time )
  • #7,348
  • Mar 1, 2007 12:52am Mar 1, 2007 12:52am
ok I'll go out on a limb here 1.9456 today's low
  • #7,349
  • Mar 1, 2007 1:04am Mar 1, 2007 1:04am
Morning 59fender. what makes you think that??
  • #7,350
  • Mar 1, 2007 1:33am Mar 1, 2007 1:33am
Quoting patricio0793
Morning 59fender. what makes you think that??
I've been sniffin glue lol
  • #7,351
  • Mar 1, 2007 1:35am Mar 1, 2007 1:35am
I had a long at 9617 when price went down to 9580s.... damn....

Nice news got be back to B/E and I'm out!
  • #7,352
  • Mar 1, 2007 1:36am Mar 1, 2007 1:36am
scalp short 1.9616
  • #7,353
  • Mar 1, 2007 1:37am Mar 1, 2007 1:37am
...for the most part.However little reaction so far...... 6 AM news supposedly bigger impact.
Show me the PIPS!
  • #7,354
  • Mar 1, 2007 1:39am Mar 1, 2007 1:39am
Quoting tathlynq
However little reaction so far...... 6 AM news supposedly bigger impact.
Hope so.... GBPJPY again too active trying to go down, Yen has no room left, so Cable suffers.... Euro trying to go up, but bad news stalled it.

And 9620 is 15M 250EMA, where a resistance seems to be in place since y'day....

We're in need of strong news here to move something... Otherwise we'll live the old good ranging B.S. day... again...
  • #7,355
  • Mar 1, 2007 1:41am Mar 1, 2007 1:41am
Quoting cesarnc
Hope so.... GBPJPY again too active trying to go down, Yen has no room left, so Cable suffers.... Euro trying to go up, but bad news stalled it.

And 9620 is 15M 250EMA, where a resistance seems to be in place since y'day....

We're in need of strong news here to move something... Otherwise we'll live the old good ranging B.S. day... again...

It may be like last week with most of the move on Friday..... I hope not but if it is...well, not much I can do about it.
Show me the PIPS!
  • #7,356
  • Mar 1, 2007 1:45am Mar 1, 2007 1:45am
Quoting tathlynq
It may be like last week with most of the move on Friday..... I hope not but if it is...well, not much I can do about it.
Of course you can do much!
Dump your account there and maybe we'll get a decisive pip to boost us up!

Well, if it doen't happen, you don't know where I live, anyway

Just kidding...
  • #7,357
  • Mar 1, 2007 1:46am Mar 1, 2007 1:46am
Quoting tathlynq
It may be like last week with most of the move on Friday..... I hope not but if it is...well, not much I can do about it.
And last Friday is something to remember, oh yes.... Got all my week losses back
  • #7,358
  • Mar 1, 2007 1:47am Mar 1, 2007 1:47am
I'm rolling with -25 pips loss at the moment, still expecting for bullish results for GBP...
  • #7,359
  • Mar 1, 2007 1:49am Mar 1, 2007 1:49am
she's weak, I should be hurting with that short
  • #7,360
  • Mar 1, 2007 1:52am Mar 1, 2007 1:52am
Yup! Japs still around...

[FOCUS COMMENT: RESOUNDING REPATRIATION] Jpn accounts continue to bang the repatriation drum with another solid net sell off of foreign bonds of over Usd 2.75 bn. This is the fourth week in a row of net inflows on this part of the Jpn MoF weekly portfolio balance sheet, and brings the total so far to in the FY 2006/07 book closing season to Usd 12.5 bn
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