Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Post #112,961
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Jan 20, 2009 3:52am Jan 20, 2009 3:52am

zimdonks
| Joined Oct 2008 | Status: Member | 95 Posts

long 4031. gone +2 so will see how she goes

Post #112,962
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Jan 20, 2009 3:55am Jan 20, 2009 3:55am

PipLand
| Joined Nov 2008 | Status: Member | 2,548 Posts

Possible we could be heading to test the 2001 low of 1.3681 before heading up. Just a thought

Post #112,963
Quote
Jan 20, 2009 3:56am Jan 20, 2009 3:56am

PipLand
| Joined Nov 2008 | Status: Member | 2,548 Posts

Quoting PipLand

Disliked

Possible we could be heading to test the 2001 low of 1.3681 before heading up. Just a thought

Ignored

On a brighter note at least the footsie is rising today

Post #112,964
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Jan 20, 2009 3:58am Jan 20, 2009 3:58am

behram
| Joined Jan 2008 | Status: Member | 122 Posts

4h fibo says down to 1.36445 at 261% which is s3 line
Timber!!

Post #112,965
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Jan 20, 2009 4:04am Jan 20, 2009 4:04am

trader2160
| Joined Sep 2008 | Status: Member | 594 Posts

morning all.Seems we will be seeing sub 1.4

Post #112,966
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Jan 20, 2009 4:07am Jan 20, 2009 4:07am

ezodisy
| Joined Nov 2008 | Status: Member | 665 Posts

I think so too. The downward pressure is immense

Post #112,967
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Jan 20, 2009 4:09am Jan 20, 2009 4:09am

lucio
| Joined Jan 2009 | Status: Member | 11 Posts

ciao
cable will go lower... much lower.... we will see 1,00
at he moment there is a technical support around 1,36

Post #112,968
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Jan 20, 2009 4:12am Jan 20, 2009 4:12am

SmoothTrader
Joined Oct 2008 | Status: Perpetual Student of the Charts | 947 Posts

Quoting lucio

Disliked

ciao
cable will go lower... much lower.... we will see 1,00
at he moment there is a technical support around 1,36

Ignored

In my dreams I can only hope.

Post #112,969
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Jan 20, 2009 4:12am Jan 20, 2009 4:12am

Chris_35
| Joined Aug 2008 | Status: Member | 816 Posts

Cable really f****d me yesterday so have longed eur/usd @1.2978 with T/P @ 1.3150. Really need to make up a little ground and I am not fussy about what pair. Just dont feel safe in either long or short on cable at the moment as the shit has now really hit the fan

Post #112,970
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Jan 20, 2009 4:13am Jan 20, 2009 4:13am

lucio
| Joined Jan 2009 | Status: Member | 11 Posts

Cable : *** rumour***

[FONT='Arial','sans-serif'] 1.40 done without protection[/font][FONT='Arial','sans-serif']tech support at 1.36 now[/font][FONT='Arial','sans-serif']eurusd OT at 1.2900 in 10 mio exp today[/font]

of barriers 1.4000 & 1.3950 to be cleaned [C1]

Post #112,971
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Jan 20, 2009 4:13am Jan 20, 2009 4:13am

ezodisy
| Joined Nov 2008 | Status: Member | 665 Posts

ST, won't need to dream for long probably. On Bloomberg Jim Rogers today was saying that the "UK is finished" and to get out of the £

Post #112,972
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Jan 20, 2009 4:14am Jan 20, 2009 4:14am

PipLand
| Joined Nov 2008 | Status: Member | 2,548 Posts

Quoting lucio

Disliked

ciao
cable will go lower... much lower.... we will see 1,00
at he moment there is a technical support around 1,36

Ignored

1.00!! Thats not something that I ever want to see, however it is possible 1985 levels, scary shit though, if you live in the UK that is

Post #112,973
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Jan 20, 2009 4:14am Jan 20, 2009 4:14am

SmoothTrader
Joined Oct 2008 | Status: Perpetual Student of the Charts | 947 Posts

There went 1.40 without much of a fight so far.

Post #112,974
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Jan 20, 2009 4:19am Jan 20, 2009 4:19am

trader2160
| Joined Sep 2008 | Status: Member | 594 Posts

yeah Jim Rogers said 1.05.

But hes always like that.Other people though are also giving grave forecasts,but not nearly as extreme.

Post #112,975
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Jan 20, 2009 4:21am Jan 20, 2009 4:21am

lucio
| Joined Jan 2009 | Status: Member | 11 Posts

I am short there and wento short on eurjpy at 118.00 now

Post #112,976
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Jan 20, 2009 4:21am Jan 20, 2009 4:21am

PipLand
| Joined Nov 2008 | Status: Member | 2,548 Posts

Quoting trader2160

Disliked

yeah Jim Rogers said 1.05.

But hes always like that.Other people though are also giving grave forecasts,but not nearly as extreme.

Ignored

Yeah if anyone knows Jim rogers can they kick him in the nuts for me please

Post #112,977
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Edited 4:31am Jan 20, 2009 4:21am | Edited 4:31am

Laborant
| Joined Jan 2009 | Status: Member | 20 Posts

CPI is coming after 10 minutes let us see the result......

Post #112,978
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Jan 20, 2009 4:24am Jan 20, 2009 4:24am

trader2160
| Joined Sep 2008 | Status: Member | 594 Posts

Quoting PipLand

Disliked

Yeah if anyone knows Jim rogers can they kick him in the nuts for me please

Ignored

with pleasure.

Post #112,979
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Jan 20, 2009 4:26am Jan 20, 2009 4:26am

trader2160
| Joined Sep 2008 | Status: Member | 594 Posts

Old Jim must have been short squeezed before so hes piled on the shorts and wants to scare the price down.

Post #112,980
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Jan 20, 2009 4:32am Jan 20, 2009 4:32am

golatigo
| Joined Aug 2006 | Status: Go Seahawks | 240 Posts

900 pip drop in just over 24 hour is kinka extreme
and more is expected?
I hate to tell the world, but Obama is not Jesus
don't get me wrong - i'm glad Bush is gone for good!

wish i had the kahunas to have been on that bus the whole time
big difference when your trading real money boys/gals
aka - when your gun is loaded with live ammo instead of blanks
must protect the piggy bank with well planned managment

i'll just wait for the long bus when or if she shows up