Cable Update (GBPUSD) | Page 410 | 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)

  • #8,181
  • Mar 13, 2007 7:53am Mar 13, 2007 7:53am
Is everybody down there dead or just bored?


|
|
|
|
|
|
V
  • #8,182
  • Mar 13, 2007 7:56am Mar 13, 2007 7:56am
Some are saying that it is still all about carry trades and not the fundamentals. News sure doesn't move anything.
  • #8,183
  • Mar 13, 2007 8:03am Mar 13, 2007 8:03am
Long at 9323. Looking for 94's.
  • #8,184
  • Mar 13, 2007 8:06am Mar 13, 2007 8:06am
long at 9340 hope for 9400 also
  • #8,185
  • Mar 13, 2007 8:19am Mar 13, 2007 8:19am
Quoting pwegner
long at 9340 hope for 9400 also
I want 9400, too, cause I have a long at 9406 yet hehehehe...

Well, 9392 is 78% fibo from y'day fall and 1h 250 EMA is 9379... Those will be good stall points before reaching 9400, unless carries and/or Euro give us a help....

Better lock some cash at those points, just in case.
  • #8,186
  • Mar 13, 2007 8:47am Mar 13, 2007 8:47am
Quoting cesarnc
I want 9400, too, cause I have a long at 9406 yet hehehehe...

Well, 9392 is 78% fibo from y'day fall and 1h 250 EMA is 9379... Those will be good stall points before reaching 9400, unless carries and/or Euro give us a help....

Better lock some cash at those points, just in case.
first we need a push over this 9350 hump.
  • #8,187
  • Mar 13, 2007 9:02am Mar 13, 2007 9:02am
I think 9350 has set up as resistance again. what does everyone else think.
  • #8,188
  • Mar 13, 2007 9:03am Mar 13, 2007 9:03am
Another lousy day to trade....

There is talk an official Japanese savings fund has been on the bid in [USD/JPY], helping hold the pair shy of what are likely to be stops under 116.40 (61.8% retracement of the gains off the Mar low). Cross plays have weighed, however, an eastern European central bank reported to been active in Gbp/Jpy again and to have sold the cross to the day's lows - this amid talk a UK fund is in trouble and exitting its positions in the cross. A sharp setback for Wall Street on the back of more sub-prime worries is prompting an exit from carry plays, this likely to remain something of theme for some time
  • #8,189
  • Mar 13, 2007 9:29am Mar 13, 2007 9:29am
Talks have started to emerge on the street for various Hedge Funds about to blow up on carry trade unwinding. There is talk of a large UK fund ;-) The big fish will keep shorting the yen pairs to get these funds' money. Like I said earlier, it's pay back time for all the dealers who acted as the liquidity providers buying yen all the time when everybody else were selling it.
  • #8,190
  • Mar 13, 2007 10:22am Mar 13, 2007 10:22am
Quoting Basilides
Talks have started to emerge on the street for various Hedge Funds about to blow up on carry trade unwinding. There is talk of a large UK fund ;-) The big fish will keep shorting the yen pairs to get these funds' money. Like I said earlier, it's pay back time for all the dealers who acted as the liquidity providers buying yen all the time when everybody else were selling it.
I didn't get this... Blow up meaning long Majors/JPY?

Coincidence or not, this is what is happening right now...
  • #8,191
  • Mar 13, 2007 10:44am Mar 13, 2007 10:44am
Quoting cesarnc
I didn't get this... Blow up meaning long Majors/JPY?

Coincidence or not, this is what is happening right now...
I am not clear on which way we should be going if this is true.
  • #8,192
  • Mar 13, 2007 11:04am Mar 13, 2007 11:04am
this thing start to fall now...
  • #8,193
  • Mar 13, 2007 11:05am Mar 13, 2007 11:05am
There's no way - no way - this market could be any more disgusting than seeing this FREAKING PAIR heading back below 9300...

Just invited a friend for coffee so I can get the hell out of my office for the day..

Just succeeded in scalping for changes today.
  • #8,194
  • Mar 13, 2007 11:08am Mar 13, 2007 11:08am
Quoting cesarnc
I didn't get this... Blow up meaning long Majors/JPY?

Coincidence or not, this is what is happening right now...
Sorry for not being clear, I meant they will be buying the yen to push all thosecarry traders who were short the yen, out
  • #8,195
  • Mar 13, 2007 11:08am Mar 13, 2007 11:08am
Quoting cesarnc
There's no way - no way - this market could be any more disgusting than seeing this FREAKING PAIR heading back below 9300...

Just invited a friend for coffee so I can get the hell out of my office for the day..

Just succeeded in scalping for changes today.
I need something stronger then coffee.
  • #8,196
  • Mar 13, 2007 11:08am Mar 13, 2007 11:08am
what da hell?
foreclosures rise in the US and the dollar get stronger?

nothing make sense to me anymore, I'm putting stops, limits and walking away, let whatever happen happen, I'm sick of watching this.
  • #8,197
  • Mar 13, 2007 11:17am Mar 13, 2007 11:17am
Quoting leelee75k
what da hell?
foreclosures rise in the US and the dollar get stronger?

nothing make sense to me anymore, I'm putting stops, limits and walking away, let whatever happen happen, I'm sick of watching this.

It's all about risk. All these bad events (foreclosures in the US, drop in stock markets worldwide, yen volatility etc etc) have made investors more risk-averse. Traditionally, when perceived risks (notice "perceived", not necessarily actual) rise worldwide, two currencies are considered "safe" for investors: the dollar and the swissy. As investors flock in the dollar by buying US treasuries, they drive it up.
  • #8,198
  • Mar 13, 2007 11:19am Mar 13, 2007 11:19am
Quoting cesarnc
Another lousy day to trade....

There is talk an official Japanese savings fund has been on the bid in [USD/JPY], helping hold the pair shy of what are likely to be stops under 116.40 (61.8% retracement of the gains off the Mar low). Cross plays have weighed, however, an eastern European central bank reported to been active in Gbp/Jpy again and to have sold the cross to the day's lows - this amid talk a UK fund is in trouble and exitting its positions in the cross. A sharp setback for Wall Street on the back of more sub-prime worries is prompting an exit from carry plays, this likely to remain something of theme for some time
Hey from where u get this all exciting news lol............i love reading ur update.............pls give the links.............thanks in advance
"Trade for sake of trading & not for winning or Lossing"
  • #8,199
  • Mar 13, 2007 11:20am Mar 13, 2007 11:20am
Quoting Basilides
Sorry for not being clear, I meant they will be buying the yen to push all thosecarry traders who were short the yen, out
Got it thanks...

NYSE is going down in flames today - almost 100 down as of now.

If this blow up happens to sum with NYSE nervousness, then things are gonna get ugly here.

F#$@$ it. I'll buy the damn dip.
  • #8,200
  • Mar 13, 2007 11:23am Mar 13, 2007 11:23am
Quoting HonaForex
Hey from where u get this all exciting news lol............i love reading ur update.............pls give the links.............thanks in advance
I get this in my broker's system. You can open a demo account with GFT and will receive that either. Don't know whether or not I could access this in other source...

Bad news is the system uses way too much resources from the computer compared to MT4. Don't know why.
219 traders viewing now, 2 are registered:
esters
,