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Cable Update (GBPUSD)

  • #110,921
  • Jan 12, 2009 10:53pm Jan 12, 2009 10:53pm
Quoting blurrcow
i think south first.... 1.46xx... then north...
quick jump on board or you miss the boat...
  • #110,922
  • Jan 12, 2009 10:54pm Jan 12, 2009 10:54pm
Quoting golatigo
Not likely - but anything is possible
Why you think not? bcuz of the bearish bias on the pending interest rate cut coming?
  • #110,923
  • Jan 12, 2009 10:54pm Jan 12, 2009 10:54pm
Quoting joemiami
anyone think we gonna have an upmove at London open to 1.4910 level or higher?

After that big downmove yesterday, its gotta give some of that back I would think....
it shall be
  • #110,924
  • Jan 12, 2009 10:56pm Jan 12, 2009 10:56pm
Quoting uut
it shall be
Ok, thats one person that thinks its going up ...who else?
  • #110,925
  • Jan 12, 2009 10:58pm Jan 12, 2009 10:58pm
Quoting blurrcow
quick jump on board or you miss the boat...
I see what your saying...1.4600 definitely possible before it heads for the uptrend .....
  • #110,926
  • Jan 12, 2009 11:02pm Jan 12, 2009 11:02pm
Quoting joemiami
Why you think not? bcuz of the bearish bias on the pending interest rate cut coming?
didn't say it wouldn't pull back, but i don't see 4900 level
that would take it way out of the downward channel that it is in
but like i said anything is possible
  • #110,927
  • Jan 12, 2009 11:02pm Jan 12, 2009 11:02pm
Hourly charts suggests testing of 21 day moving avg level at 1.4870 as reported by Forex news cast that just came out a few min ago.
  • #110,928
  • Jan 12, 2009 11:06pm Jan 12, 2009 11:06pm
Quoting joemiami
I see what your saying...1.4600 definitely possible before it heads for the uptrend .....
precisely... ride the trend down... then enter long from a lower level....
  • #110,929
  • Jan 12, 2009 11:07pm Jan 12, 2009 11:07pm
Quoting blurrcow
precisely... ride the trend down... then enter long from a lower level....
I'll keep that idea in my front pocket in case....
  • #110,930
  • Jan 12, 2009 11:10pm Jan 12, 2009 11:10pm
hi

cable going to test 1.4671 if broken .... big fall
  • #110,931
  • Jan 12, 2009 11:14pm Jan 12, 2009 11:14pm
Quoting deboooo2005
hi

cable going to test 1.4671 if broken .... big fall
agree! either it's good point for long
wish me luck!
  • #110,932
  • Jan 12, 2009 11:15pm Jan 12, 2009 11:15pm
Quoting deboooo2005
hi

cable going to test 1.4671 if broken .... big fall

down to 1.4600 no farther
  • #110,933
  • Jan 12, 2009 11:16pm Jan 12, 2009 11:16pm
Quoting joemiami
I'll keep that idea in my front pocket in case....
i hope u have taken that idea out of your pocket...

i am waiting to see if 1.4671 support is broken....

  • #110,934
  • Jan 12, 2009 11:21pm Jan 12, 2009 11:21pm
Quoting joemiami
down to 1.4600 no farther
My Main target will be 1.4351 ...
  • #110,935
  • Jan 12, 2009 11:22pm Jan 12, 2009 11:22pm
Quoting blurrcow
i hope u have taken that idea out of your pocket...

i am waiting to see if 1.4671 support is broken....

Loaded it into my Glock...waiting to see if and when to pull the trigger..
  • #110,936
  • Jan 12, 2009 11:23pm Jan 12, 2009 11:23pm
Quoting deboooo2005
My Main target will be 1.4351 ...

1.4351 ??? isnt that near south of the border?...like Tijuana?
  • #110,937
  • Jan 12, 2009 11:26pm Jan 12, 2009 11:26pm
Quoting joemiami
1.4351 ??? isnt that near south of the border?...like Tijuana?
cable can go up 500... and down 500 in a day...

take care...
  • #110,938
  • Jan 12, 2009 11:31pm Jan 12, 2009 11:31pm
Quoting deboooo2005
hi

cable going to test 1.4671 if broken .... big fall

BROKEN !!!
  • #110,939
  • Jan 12, 2009 11:36pm Jan 12, 2009 11:36pm
Watch Million Dollar Traders here: http://www.bbc.co.uk/iplayer/episode...e_Me_a_Trader/

If you're not in the UK (and don't get BBC via sat) you need to use a VPN connection to get BBC programmes via iPlayer.
I use this one http://www.banana-vpn.com/UK-vpn.htm - a great way to get BBC TV programmes outside the UK.

Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing?

The experiment reveals the inner workings of a City trading floor. The money is supplied by hedge fund manager Lex van Dam: he wants to see if ordinary people can beat the professionals, and he expects a return on his investment too. Yet no-one foresees the financial crisis that lies ahead.

The traders were selected in spring 2008, before the US credit crisis gathered pace. The successful candidates were chosen, trained and dispatched to their specially created trading room in the heart of the Square Mile. Among them are an environmentalist, a soldier, a boxing promoter, an entrepreneur, a retired IT consultant, a vet, a student and a shopkeeper.

As the novices learn the dark art of trading stocks and shares, the financial markets start to buckle. Making money takes second place to basic survival as the brutal realities of global economics take their toll on the traders. How do they cope? Will they secure themselves a bonus, or walk away with nothing?


Quoting hi6hlander
Apologies for not being a cable topic.

For all Uk residents, while the market is a bit slow. Million Dollar Traders on BBC 2, started at 9. Probably get it on BBC Iplayer some time.

6 week documentary on a trader investing $1million on some amateurs that have no trading experience. He trains them in about 8 weeks then they go live with HIS money.

Aplogies if I don't answer anyone as I am watching his now.
  • #110,940
  • Jan 12, 2009 11:43pm Jan 12, 2009 11:43pm
Quoting priceaction
Watch Million Dollar Traders here: http://www.bbc.co.uk/iplayer/episode...e_Me_a_Trader/

If you're not in the UK (and don't get BBC via sat) you need to use a VPN connection to get BBC programmes via iPlayer.
I use this one http://www.banana-vpn.com/UK-vpn.htm - a great way to get BBC TV programmes outside the UK.

Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing?...
And the purpose of this post is ????????????????????
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