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Cable Update (GBPUSD)

  • #7,861
  • Mar 7, 2007 5:18pm Mar 7, 2007 5:18pm
Wow... that was one fast S.O.B.

I've put TP at 9280 to figure out what to do later and BANG!!! Triggered

Whole day trying to figure out the market and end the day making money on luck
  • #7,862
  • Mar 7, 2007 7:10pm Mar 7, 2007 7:10pm
Quoting cesarnc
Here's what happened with last beige book

http://www.forexfactory.com/showthre...ook#post189856

We could hear a bacteria farting during this B.S.
Fabrize works wll on your chair.
  • #7,863
  • Mar 7, 2007 9:30pm Mar 7, 2007 9:30pm
what the heck was that we broke above the pivot just to get slamed down from 1.9325 some body doesn't want this to head up
  • #7,864
  • Mar 7, 2007 9:46pm Mar 7, 2007 9:46pm
are you up to your tricks again?
  • #7,865
  • Mar 8, 2007 3:06am Mar 8, 2007 3:06am
So today is the day....uk rates unchanged?...Shin fejn won or not in north ireland?...monthly chrts bull, but lower time frames bear right or wrong?...
its just money
  • #7,866
  • Mar 8, 2007 3:37am Mar 8, 2007 3:37am
Quoting de123
So today is the day....uk rates unchanged?...Shin fejn won or not in north ireland?...monthly chrts bull, but lower time frames bear right or wrong?...
Price is 100+ pips below last month's bottom after no-hike (Feb 09).

Feb no-hike was said to be widely expected. When confirmed, price dropped 300 pips in 2 days, non-stop. Is this a "widely expected" like reaction?

Cause today the no-hike is... hmmm... well, "widely expected", too...
  • #7,867
  • Mar 8, 2007 3:46am Mar 8, 2007 3:46am
ok...to be honest thats about it (tomorow the last day to get the best price if go long... it may go a little down, but the main elections (that is the sein fejn factor) is over, we might see only up from here, especially after new governement established,...so as i get it, the jen started to be bearish again, didnt check if the NZD/JPJ did beat it yesterday, will do today,....& stocks to be bullish, so the dolar will get bearish, and the pound will get bullish if the noise arround ireland will settle peacefully ofcourse, i think they will since the sien fejn isnt the terorist anymore he is being elected as a big boy in a little peace of ireland that the british did conquere late before i was born...
its just money
  • #7,868
  • Mar 8, 2007 3:51am Mar 8, 2007 3:51am
Quoting de123
ok...to be honest thats about it (tomorow the last day to get the best price if go long... it may go a little down, but the main elections (that is the sein fejn factor) is over, we might see only up from here, especially after new governement established,...so as i get it, the jen started to be bearish again, didnt check if the NZD/JPJ did beat it yesterday, will do today,....& stocks to be bullish, so the dolar will get bearish, and the pound will get bullish if the noise arround ireland will settle peacefully ofcourse, i think they will since the sien fejn isnt the terorist anymore he is being elected as a big boy in a little peace of ireland that the british did conquere late before i was born...
wish you had $ 1 trillion there to drag us outta here....

I'm about to file suit against this market for "good mood murder"...
  • #7,869
  • Mar 8, 2007 3:56am Mar 8, 2007 3:56am
...be patience my dear,...when its boring, its actally trending, u know that,...so remember 8.march is TODAY, that means LOVE come back to WAL street & LONDON ...tomorow the cocaine from bolivia, i think, am not sure!
its just money
  • #7,870
  • Mar 8, 2007 4:02am Mar 8, 2007 4:02am
Quoting de123
...be patience my dear,...when its boring, its actally trending, u know that,...so remember 8.march is TODAY, that means LOVE come back to WAL street & LONDON ...tomorow the cocaine from bolivia, i think, am not sure!
Hope U R right. 'cause if we see a 5 pips spike on rate statements then I'll open a thread called: "Curse Only"
  • #7,871
  • Mar 8, 2007 4:17am Mar 8, 2007 4:17am
on the other hand, im still concern about the gold vs dolar,...if it reaches 573 again, in this case the pound ight trully hit the 8888...but they were wrong few times, they might be again...

http://tradersinsights.com/blog/2007...dnot-so-shiny/
its just money
  • #7,872
  • Mar 8, 2007 5:01am Mar 8, 2007 5:01am
See, GBPUSD is heading north at that moment. That tells me the speculators want to sell. I expect a fast decline today after the interest rate statement, especially because the EUR interest rate will not be raised in my 'humble' opinion. This could accelerate the situation.

I know, my thoughts are so trivial...
  • #7,873
  • Mar 8, 2007 5:10am Mar 8, 2007 5:10am
Quoting katzenhai2
See, GBPUSD is heading north at that moment. That tells me the speculators want to sell. I expect a fast decline today after the interest rate statement, especially because the EUR interest rate will not be raised in my 'humble' opinion. This could accelerate the situation.

I know, my thoughts are so trivial...
I agree, this squeeze to the upside sounds big fall around the corner...

But why do you think EUR IR will not be raised?
  • #7,874
  • Edited 6:25am Mar 8, 2007 5:16am | Edited 6:25am
Lets vote..

a. 3.5
b. 3.75
c. 4
d. 3.25
e. name it

Evrytime i miss....
its just money
  • #7,875
  • Mar 8, 2007 5:16am Mar 8, 2007 5:16am
Quoting cesarnc
But why do you think EUR IR will not be raised?
Never mind... Just read your post in other thread about it
  • #7,876
  • Mar 8, 2007 5:18am Mar 8, 2007 5:18am
Quoting de123
Lets vote..

a. 3.5
b. 3.75
c. 4
d. 3.25
e. name it

Evrytime i miss....
Trichet ain't got the b**** not to do what he's said...

b) Three, seventyfiver....
  • #7,877
  • Mar 8, 2007 5:52am Mar 8, 2007 5:52am
The problem only arises if there is a rate hike for GBP. Then we are fighting, EUR no-hike (hope so ) and GPB hike. But how is the probability that for GBP could be a hike? You never know, isn't it?
  • #7,878
  • Mar 8, 2007 6:04am Mar 8, 2007 6:04am
No hike, no surprise, no spike...

Gonna watch a turttle race now.. BRB
  • #7,879
  • Mar 8, 2007 6:12am Mar 8, 2007 6:12am
We should see a downward movement when US market opens I hope
  • #7,880
  • Mar 8, 2007 6:33am Mar 8, 2007 6:33am
support at 1.9300,up or down next?
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