interesting thought, its definatly the pattern of large institutional buying
Cable Update (GBPUSD)
- #109,701
- Jan 7, 2009 7:02am Jan 7, 2009 7:02am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #109,704
- Jan 7, 2009 7:06am Jan 7, 2009 7:06am
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
Short @ 1.5105
- #109,705
- Jan 7, 2009 7:07am Jan 7, 2009 7:07am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Short @ 1.5105
- #109,710
- Jan 7, 2009 7:12am Jan 7, 2009 7:12am
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
it just rebounded of support...
- #109,712
- Jan 7, 2009 7:13am Jan 7, 2009 7:13am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #109,713
- Jan 7, 2009 7:14am Jan 7, 2009 7:14am
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
OK it seems to be a resistants now
- #109,715
- Jan 7, 2009 7:14am Jan 7, 2009 7:14am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
OK it seems to be a resistants now
- #109,716
- Jan 7, 2009 7:14am Jan 7, 2009 7:14am
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
is it sure there will be a rate cut..things cant be that bad, i got a mortagage..
nothings certain but id imagine the BOE will want to be quick as they are obviously following the same plan as the FED and the FED were accused of not acting quickly enough, just my thoughts though
- #109,717
- Jan 7, 2009 7:16am Jan 7, 2009 7:16am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
lol
nothings certain but id imagine the BOE will want to be quick as they are obviously following the same plan as the FED and the FED were accused of not acting quickly enough, just my thoughts though
- #109,719
- Jan 7, 2009 7:16am Jan 7, 2009 7:16am
who is buyingz ???
dun they know that there will be a huge rate cut tomorrow ???
so everyone who has been trying to short GBP (including myself the last 2 days) has been killed, unless we got out in time....
so the only ones still holding short on GBP are really those with deep pockets and must have been averaging up.... and still hoping for a big fall tomorrow...
Good Luck!
dun they know that there will be a huge rate cut tomorrow ???
so everyone who has been trying to short GBP (including myself the last 2 days) has been killed, unless we got out in time....
so the only ones still holding short on GBP are really those with deep pockets and must have been averaging up.... and still hoping for a big fall tomorrow...
Good Luck!
- #109,720
- Jan 7, 2009 7:17am Jan 7, 2009 7:17am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
& Strong one
