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Cable Update (GBPUSD)

  • #8,781
  • Mar 22, 2007 5:37am Mar 22, 2007 5:37am
Hi guys,

So do you think cable will get to 9900 without any retracement to the 500 level at all???
  • #8,782
  • Mar 22, 2007 5:40am Mar 22, 2007 5:40am
not the 99 dream again.

I'd have to see cable break and stay above 9750 and 9800 even before I set my eyes to target 99 or higher
  • #8,783
  • Mar 22, 2007 5:51am Mar 22, 2007 5:51am
Quoting leelee75k
not the 99 dream again.
  • #8,784
  • Mar 22, 2007 6:04am Mar 22, 2007 6:04am
Quoting rav700
Hi guys,

So do you think cable will get to 9900 without any retracement to the 500 level at all???
Fundamentals are going to tell... But generalized dollar bearish sentiment + carry trades recovery brings 99+ to the table, indeed.

Foreseeable future, not "tomorrow", leelee75K
  • #8,785
  • Mar 22, 2007 6:08am Mar 22, 2007 6:08am
HENRYCAROL JUST AROUND THE CORNER

[CABLE] is slightly higher after the CBI manufacturing order book balance boomed to +8 vs the +2 expectations, however the much weaker than expected output expectations at +21 vs the +26 f/c has taken the edge off the former reading. Nonetheless, the data should do little to deter traders from running with the overall bullish trend that has picked up decent momentum over the past 24 hours, with hopes of an Apr rate hike boostingthe Pound across the board given recent strong CPI, housing and retail sales data. A 'sharp" name sold the headline off the highs earlier helping to cap trade, however buying dips looks preferred from here. CTA stops below 0.6770 in Eur/Gbp will draw s/t specs as the session continues.

  • #8,786
  • Mar 22, 2007 6:29am Mar 22, 2007 6:29am
Quoting Islander
A great book, I guess that we´ll have to wait until you´ve completed your "20 trades" - P196 and on - for your return!

I´m also burning the midnight oil after a couple of loosers - lol, I better start taking more note of what Cesarnc´s doing!
I still don't know what you're talking about lol, I've barely done 1/4 of the book as of now.

Oh boy, Henrycarol seems to have unlimited lots to short. No luck for cable till now still.
Tra-X
  • #8,787
  • Mar 22, 2007 6:39am Mar 22, 2007 6:39am
Quoting Traex
I still don't know what you're talking about lol, I've barely done 1/4 of the book as of now.

Oh boy, Henrycarol seems to have unlimited lots to short. No luck for cable till now still.
sorry, who's henrycarol?
  • #8,788
  • Mar 22, 2007 6:41am Mar 22, 2007 6:41am
Honaforex, what do you think about GU now?
  • #8,789
  • Mar 22, 2007 6:47am Mar 22, 2007 6:47am
Quoting pablorpl
sorry, who's henrycarol?


A legend. The King of the Sellers. The Master of the Down Move. The Killer of the Bulls...

Story started on page 263 (post 3932) with a simple question made by Leugimp, responded on post 3938.
Don't let that "harmless" face mislead you....
http://www.forexfactory.com/showpost...9&postcount=33
  • #8,790
  • Mar 22, 2007 6:49am Mar 22, 2007 6:49am
Quoting rav700
Hi guys,

So do you think cable will get to 9900 without any retracement to the 500 level at all???
i dont think it will go to test the 555 before 999, but maybe 666 after rejection of 888, thats possible...i mean evrything is possible...but its not so likely,...i have opened 2 more accounts with credit card and deposit evrysingle euro on dolar and jen bearish,...cesar is the party in rio still actuell?
its just money
  • #8,791
  • Mar 22, 2007 6:50am Mar 22, 2007 6:50am
Quoting pablorpl
sorry, who's henrycarol?
He's an FF member who really likes to short cable. Made many good short calls last time, especially during Jan-Feb time when cable was stuck at this 9710-9720 resistance area also.
Tra-X
  • #8,792
  • Mar 22, 2007 6:51am Mar 22, 2007 6:51am
GU ??? Maybe going to 1.99 or bearish in 1.97....

Im Think bearish in 1.97..
  • #8,793
  • Mar 22, 2007 6:53am Mar 22, 2007 6:53am
Quoting de123
cesar is the party in rio still actuell?
Cash and Rio and you got yourself a party anytime...
  • #8,794
  • Mar 22, 2007 7:01am Mar 22, 2007 7:01am
Market seems on hold ahead of Bernanke speech...

And I just love to anticipate this kind of B.S.

Bernanke says -> GBPUSD goes

"inflation a concern" -> down 15 pips
"sub-prime loans alright" -> up 10 pips
"bias has..." -> 2 pips down
"... not changed" -> 2 pips up.
"ooops.. I guess...hmm, mistake here... hmmm.. figure was 5.0" -> TP 2.1000
  • #8,795
  • Mar 22, 2007 7:20am Mar 22, 2007 7:20am
Short 10 lots at .9720
  • #8,796
  • Mar 22, 2007 7:27am Mar 22, 2007 7:27am
us data out in a few minute, waiting to see cable's reaction before jumping in.
  • #8,797
  • Mar 22, 2007 7:29am Mar 22, 2007 7:29am
Quoting cesarnc
Market seems on hold ahead of Bernanke speech...

And I just love to anticipate this kind of B.S.

Bernanke says -> GBPUSD goes

"inflation a concern" -> down 15 pips
"sub-prime loans alright" -> up 10 pips
"bias has..." -> 2 pips down
"... not changed" -> 2 pips up.
"ooops.. I guess...hmm, mistake here... hmmm.. figure was 5.0" -> TP 2.1000
Are you sure TP 2.1000??
  • #8,798
  • Mar 22, 2007 7:36am Mar 22, 2007 7:36am
Quoting west-forex
Are you sure TP 2.1000??
Not "sure": "kidding"
  • #8,799
  • Mar 22, 2007 7:39am Mar 22, 2007 7:39am
i think cesarnc was exagerrating just a wee bit.

haven't gotten in yet, about to add another long euro
  • #8,800
  • Mar 22, 2007 7:43am Mar 22, 2007 7:43am
Quoting leelee75k
us data out in a few minute, waiting to see cable's reaction before jumping in.
What do you see about Euro, leelee?

I'm buying dips since 3360. Next at 3340, but this is getting a lil creepy no?..

BTW, 3341 is 61% fibo from y'day move....
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