Cable Update (GBPUSD) | Page 4882 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #97,621
  • Nov 12, 2008 12:40pm Nov 12, 2008 12:40pm
Quoting gagakrimba
Nothing to worry....it's just halfway down and taking a breather.
She'll tumble to new low soon

Seems you have clear idea about next move...what will be the turning point of this down trend?
  • #97,622
  • Nov 12, 2008 12:42pm Nov 12, 2008 12:42pm
Quoting allserene
The 1.32 nightmare is now a possibility (eventually)..
If it reaches 1.10 (I have seen that before), I will shift some dollars back from my US beer money fund to UK GBP and buy the town of Harrogate
near parity, interesting to see what happens if it continues to weaken against the euro, will the UK join? thus will we all be trading the euro in the future?!! certainty hope not....
Trading is 80% Emotional, 20% Technical
  • #97,623
  • Nov 12, 2008 12:45pm Nov 12, 2008 12:45pm
I enjoy all you guys even the ones who think Im crazy. Picked up 70 on EA I am really starting to like that currency.

I know this is off topic but here is why.


1. I think I can still apply my 80 pip stop loss.

2. It can move 500 pips in no time.

3. I think I can be right 30% of the time and still be very profitable.

4. You have to be willing to let the winners go for at least 300 or so.


Anyways sorry for off topic. I have a thread on it taming the untamable.


peace out boys
  • #97,624
  • Nov 12, 2008 12:45pm Nov 12, 2008 12:45pm
Quoting fx local
near parity, interesting to see what happens if it continues to weaken against the euro, will the UK join? thus will we all be trading the euro in the future?!! certainty hope not....

parity with dollar or euro? can you share your analysis for such prediction? or is it just intuition?
  • #97,625
  • Nov 12, 2008 12:46pm Nov 12, 2008 12:46pm
I was sleeping so i hope the train will start rolling again at asian...

Geez i'm in gmt-5, i went to sleep at 5h am yesterday waiting for that.

Poor me, LOL!
  • #97,626
  • Nov 12, 2008 12:51pm Nov 12, 2008 12:51pm
Quoting fx local
near parity, interesting to see what happens if it continues to weaken against the euro, will the UK join? thus will we all be trading the euro in the future?!! certainty hope not....
I don't think the UK will join the euro because this has proved that a country needs to make it's own interest rate decisions. We would really be in the sh*t even more than we are if we had Trichet in charge. I think so,e of the southern european countries may want or have to pull out at some point, the euro may be dying
please DON'T copy my trades I am still learning
  • #97,627
  • Nov 12, 2008 12:51pm Nov 12, 2008 12:51pm
Quoting emeric33
parity with dollar or euro? can you share your analysis for such prediction? or is it just intuition?

euro? its not a million miles off it,

lowest cable been in my lifetime is 1.0462 in 1985!!

looking at the monthly if that 1.35-37 doesnt hold then all hell could break loose.... i am being very far fetched
Trading is 80% Emotional, 20% Technical
  • #97,628
  • Nov 12, 2008 12:52pm Nov 12, 2008 12:52pm
i dont recommend anyone to sell here...even if its gonna fall .... best place to sell is 1.512x and anywhere above 1.5050 is good
When life gives you lemons, make lemonade
  • #97,629
  • Nov 12, 2008 12:58pm Nov 12, 2008 12:58pm
Quoting fx local
near parity, interesting to see what happens if it continues to weaken against the euro, will the UK join? thus will we all be trading the euro in the future?!! certainty hope not....
Heck never thought of that. GBP and euro might need each other - but the conservative government to be will be anti euro so probably not. I think GBP would be high against euro at the joining point. My mate has given up his idea of going to NICE in S of France next year - coffee will be 10 quid a cup

Got a short on euro right now - when Germany/Italy/France/Spain start coming apart and 'new' europe is left to starve by the retreating american cheap labour crowd, there will be huge stresses in euroland
  • #97,630
  • Nov 12, 2008 12:58pm Nov 12, 2008 12:58pm
Quoting micho
i dont recommend anyone to sell here...even if its gonna fall .... best place to sell is 1.512x and anywhere above 1.5050 is good
Looking at this hour close .... I doubt we will see 5120 just now....
Patience + Discipline - Greed = Success
  • #97,631
  • Nov 12, 2008 1:01pm Nov 12, 2008 1:01pm
Quoting Infinity
Looking at this hour close .... I doubt we will see 5120 just now....
i doubt too but i guess i'd just missed this train again but got good pips today
i am happy to be positive even +1 sometimes is great
When life gives you lemons, make lemonade
  • #97,632
  • Nov 12, 2008 1:02pm Nov 12, 2008 1:02pm
look i want a good broker

is there any good brokers at all? or just the word broker has to be bad broker

the execution is so slow lately it drives me crazy with requotes
When life gives you lemons, make lemonade
  • #97,633
  • Nov 12, 2008 1:02pm Nov 12, 2008 1:02pm
Quoting micho
i doubt too but i guess i'd just missed this train again but got good pips today
i am happy to be positive even +1 sometimes is great
It all adds up bro...
Patience + Discipline - Greed = Success
  • #97,634
  • Nov 12, 2008 1:03pm Nov 12, 2008 1:03pm
Quoting fx local
near parity, interesting to see what happens if it continues to weaken against the euro, will the UK join? thus will we all be trading the euro in the future?!! certainty hope not....

Never, England will never abandon the Pound!!.......too much history there.
  • #97,635
  • Nov 12, 2008 1:03pm Nov 12, 2008 1:03pm
Hello traders,

just a simple monthly chart

.......and now ?
Attached Image (click to enlarge)
Click to Enlarge Name: CABLE.jpg Size: 159 KB
  • #97,636
  • Nov 12, 2008 1:19pm Nov 12, 2008 1:19pm
Quoting Drake
Hello traders,

just a simple monthly chart

.......and now ?
I think it's very likely that we could see 1.3600-1.4000, but beyond there, who knows? It might rebound heavily, or it could crash through the support, guess I'll have to evaluate that if the aforementioned range get's hit.
  • #97,637
  • Nov 12, 2008 1:20pm Nov 12, 2008 1:20pm
Quoting Drake
Hello traders,

just a simple monthly chart

.......and now ?
I don't know what you are trying to get at here but for now, a day close below 1.5000 will be significant for shorts IMO..

I remember someone saying something about "selling into a hole".....I actually like that idea.....
Patience + Discipline - Greed = Success
  • #97,638
  • Nov 12, 2008 1:24pm Nov 12, 2008 1:24pm
Quoting spintrader
I think it's very likely that we could see 1.3600-1.4000, but beyond there, who knows? It might rebound heavily, or it could crash through the support, guess I'll have to evaluate that if the aforementioned range get's hit.
god bless all the clowns with their help we will go straight to zero
When life gives you lemons, make lemonade
  • #97,639
  • Nov 12, 2008 1:25pm Nov 12, 2008 1:25pm
Long @ 1.4905 closed @ 1.4950
  • #97,640
  • Nov 12, 2008 1:25pm Nov 12, 2008 1:25pm
Quoting Infinity
I don't know what you are trying to get at here but for now, a day close below 1.5000 will be significant for shorts IMO..

I remember someone saying something about "selling into a hole".....I actually like that idea.....

It was me!!!!!!!! man you really cant resist can you? Its all good if you dish it you have to be willin to take it, and I can.

I am going to trade it sideways see if i cant make some pippies
399 traders viewing now