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Cable Update (GBPUSD)

  • #109,981
  • Jan 7, 2009 11:54pm Jan 7, 2009 11:54pm
went long at 5040...lets see what happens
  • #109,982
  • Jan 7, 2009 11:55pm Jan 7, 2009 11:55pm
just scalping at the moment till we get a direction.
Keep It Simple Stupid
  • #109,983
  • Jan 8, 2009 12:02am Jan 8, 2009 12:02am
cable will trade lower during asian and early european session before go up.
  • #109,984
  • Jan 8, 2009 12:18am Jan 8, 2009 12:18am
- Bank of England May Cut Rate to Record Low, Approaching Limits of Policy The Bank of England will probably cut the benchmark interest rate to the lowest ever today as officials move closer to the limits of conventional monetary policy to fight the recession.

- World Stocks slump
- You could buy to make price higher so that others can sell
Give me patience
  • #109,985
  • Jan 8, 2009 12:31am Jan 8, 2009 12:31am
Quoting Alastair
just scalping at the moment till we get a direction.
Hi all.hey buddy scalped some good pips?shouldve left a short open last night.
  • #109,986
  • Jan 8, 2009 12:32am Jan 8, 2009 12:32am
Quoting Bullfx
- Bank of England May Cut Rate to Record Low, Approaching Limits of Policy The Bank of England will probably cut the benchmark interest rate to the lowest ever today as officials move closer to the limits of conventional monetary policy to fight the recession.

- World Stocks slump
- You could buy to make price higher so that others can sell
I think it will be 0.75 to 1.00 cut
  • #109,987
  • Jan 8, 2009 12:37am Jan 8, 2009 12:37am
Quoting Atondra
I think it will be 0.75 to 1.00 cut
Uh Oh.... Buyers are back !
  • #109,988
  • Jan 8, 2009 12:41am Jan 8, 2009 12:41am
Yesterday, oil was down 600 pips, so USD would be stronger.
Give me patience
  • #109,989
  • Jan 8, 2009 12:45am Jan 8, 2009 12:45am
Quoting Bullfx
Yesterday, oil was down 600 pips, so USD would be stronger.
The Crude Oil Inventories was surprisingly good, so the oil weakened.
But currently there's a chance of another front in the middle east: rockets have been fired from Lebanon to Israel. This could send oil prices back up.
  • #109,990
  • Jan 8, 2009 1:01am Jan 8, 2009 1:01am
Quoting blurrcow
burn baby burn !!
Too much like yesterday... I am going LOOONNNG now...
  • #109,991
  • Jan 8, 2009 1:06am Jan 8, 2009 1:06am
still holding , my target is 1.52
  • #109,992
  • Jan 8, 2009 1:14am Jan 8, 2009 1:14am
Quoting blurrcow
Too much like yesterday... I am going LOOONNNG now...
agree. and on the 4h it needs to reach the previous high to fall. stop loss 1.5020
  • #109,993
  • Jan 8, 2009 1:19am Jan 8, 2009 1:19am
Why long? is it impossible to go down? It may cut rates more than expected!it is too early to enter any position. It will be just speculations.
  • #109,994
  • Jan 8, 2009 1:20am Jan 8, 2009 1:20am
Quoting blurrcow
Too much like yesterday... I am going LOOONNNG now...
not as aggressively as yesterday (so far)
  • #109,995
  • Jan 8, 2009 1:22am Jan 8, 2009 1:22am
Quoting dyaon144
Why long? is it impossible to go down? It may cut rates more than expected!it is too early to enter any position. It will be just speculations.
when they cut it may go down. we'll close all positions before the announcement.
  • #109,996
  • Jan 8, 2009 1:24am Jan 8, 2009 1:24am
Quoting vorschlag
agree. and on the 4h it needs to reach the previous high to fall. stop loss 1.5020
could we see 1.54x today?
  • #109,997
  • Jan 8, 2009 1:25am Jan 8, 2009 1:25am
Quoting blurrcow
Too much like yesterday... I am going LOOONNNG now...
The party ends today. See you @ 1.4500
  • #109,998
  • Jan 8, 2009 1:27am Jan 8, 2009 1:27am
Quoting blurrcow
could we see 1.54x today?
i dont know
  • #109,999
  • Jan 8, 2009 1:29am Jan 8, 2009 1:29am
Quoting Subdude
The party ends today. See you @ 1.4500
it would be nice. such a good daily range. I hope we'll short it just in time.
  • #110,000
  • Jan 8, 2009 1:31am Jan 8, 2009 1:31am
Quoting vorschlag
it would be nice. such a good daily range. I hope we'll short it just in time.
You can always submit a market order and see what happens after that.
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