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Cable Update (GBPUSD)

  • #8,341
  • Mar 15, 2007 5:36am Mar 15, 2007 5:36am
News overall USD-positive, aren't they? Reaction seems mixed to USD-negative, though....
  • #8,342
  • Mar 15, 2007 5:43am Mar 15, 2007 5:43am
Quoting cesarnc
News overall USD-positive, aren't they? Reaction seems mixed to USD-negative, though....
No. Actually PPI too good and Empire too bad. Easy job for range keepers.

Still out... Not a single entry today.
  • #8,343
  • Mar 15, 2007 5:49am Mar 15, 2007 5:49am
a little reading wont hurt trading...

http://tradersinsights.com/blog/2007...not-priceless/
CPI tomorow the leading indicator for gold and the directione for dolar...thats what they say...


http://tradersinsights.com/blog/2007...r-and-the-fed/
a little about the dolar & the fed...
its just money
  • #8,344
  • Mar 15, 2007 5:50am Mar 15, 2007 5:50am
tic data should be interesting, given the reaction to mortgage defaults this week, might show in less foriegn dollars buying notes.
  • #8,345
  • Mar 15, 2007 5:50am Mar 15, 2007 5:50am
Quoting cesarnc
No. Actually PPI too good and Empire too bad. Easy job for range keepers.

Still out... Not a single entry today.
We will see what happens when the swiss interest rate comes out at 9 ny time. expectation is that they will raise .25.
  • #8,346
  • Mar 15, 2007 6:07am Mar 15, 2007 6:07am
All in all nothing happened. All pairs trading within the day range.

TIC came out good and revision - always the revision - dropped previous.

Fundamentals are still far from being movers again...

Let's wait for something much more important than econimical indicators, shall we?

I mean, gossips, deceptions, rumors, decoy. THESE are market movers
  • #8,347
  • Mar 15, 2007 6:11am Mar 15, 2007 6:11am
news over ...Let the bulls run
  • #8,348
  • Mar 15, 2007 6:14am Mar 15, 2007 6:14am
Quoting cesarnc
I mean, gossips, deceptions, rumors, decoy. THESE are market movers
Wrong. Only deceptions, tricks and lies do count.
Tra-X
  • #8,349
  • Mar 15, 2007 6:19am Mar 15, 2007 6:19am
and on this thread, henrycarol moves the market down but... by the way, he can go home now
  • #8,350
  • Mar 15, 2007 6:27am Mar 15, 2007 6:27am
oh my god! the mere mention of his name and the market drops 20 pips we're gonna have to call him "you know who" soon!
  • #8,351
  • Mar 15, 2007 6:43am Mar 15, 2007 6:43am
Quoting positivepips
oh my god! the mere mention of his name and the market drops 20 pips we're gonna have to call him "you know who" soon!


HC lives...

woops, another 3 down
  • #8,352
  • Mar 15, 2007 6:49am Mar 15, 2007 6:49am
Hi guys.......

Do you miss me?

Seems like it
  • #8,353
  • Mar 15, 2007 6:50am Mar 15, 2007 6:50am
Quoting henrycarol
Hi guys.......

Do you miss me?

Seems like it
  • #8,354
  • Mar 15, 2007 6:51am Mar 15, 2007 6:51am
[quote=positivepips;244895]oh my god! the mere mention of his name and the market drops 20 pips

Thanks for mentioning HC
I was short @ 9374 out @ 9350

That makes me +180 so far this week, only need 20 more to hit my target
Back to sleep for a couple hours - then off to work (real job)
  • #8,355
  • Mar 15, 2007 6:51am Mar 15, 2007 6:51am
Quoting henrycarol
Hi guys.......

Do you miss me?

Seems like it
OMG guys, sell all your houses, cars, farms, cows, wives and short cable NOW!
Tra-X
  • #8,356
  • Mar 15, 2007 6:57am Mar 15, 2007 6:57am
Well, now seriously...

All I can see is a cluster of support and resistances 50 pips above and below. EMAs, double tops/bottoms, 9XXXs, EW, Fibos, whole package / all pairs...

"Fundies will give the direction, César"...

My answer:

#$@#$$# fundies and stick it up @#!@#$#@$@#$!!!!!!
  • #8,357
  • Mar 15, 2007 7:01am Mar 15, 2007 7:01am
morning all

market is obviously waiting for Philly Fed Index at noon before making real moves, I was hoping for a bit more action at least for clarification but oh well, watching and waiting after just being stopped out covering fees only on a Euro long. As for the pound, I'm pissed I didn't wait for my limits, I would have gotten them.

hope you all have a good trading day, back to lurking for me.
  • #8,358
  • Mar 15, 2007 7:07am Mar 15, 2007 7:07am
target 1.9285
  • #8,359
  • Mar 15, 2007 7:11am Mar 15, 2007 7:11am
Quoting 59fender
target 1.9285
The Henrycarol Contamination
  • #8,360
  • Mar 15, 2007 7:13am Mar 15, 2007 7:13am
Quoting leelee75k
market is obviously waiting for Philly Fed Index at noon before making real moves,
My forecast is

Actual 10.0 (WOW, way above forecast!!!!)

Previous revised to -4.0

And you see your account oozing life....
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