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Cable Update (GBPUSD)

  • #8,901
  • Mar 22, 2007 12:56pm Mar 22, 2007 12:56pm
Quoting katzenhai2
Anyone knows that?
Youtube: Every Breath Bernanke Takes


LOL, no. Its only because this price looks so 'nice' to me.
ooh,,, "sense" and numerology... I like you...

better find my bulls a cover then....
  • #8,902
  • Mar 22, 2007 12:59pm Mar 22, 2007 12:59pm
Quoting ~Shard~
Why, have you been short since 9471? If so, I applaud you for not having a heart attack these past couple days!
Maybe He don't use SL like me
  • #8,903
  • Mar 22, 2007 12:59pm Mar 22, 2007 12:59pm
Quoting cesarnc
ooh,,, "sense" and numerology... I like you...

better find my bulls a cover then....

Nice Video
  • #8,904
  • Mar 22, 2007 1:00pm Mar 22, 2007 1:00pm
Quoting katzenhai2
Anyone knows that?
Youtube: Every Breath Bernanke Takes



  • #8,905
  • Mar 22, 2007 1:04pm Mar 22, 2007 1:04pm
Yeah strange, New York breaks for lunch and the sudden surge. I agree someone took their profit and is off to the Hamptons for a long weekend.
  • #8,906
  • Mar 22, 2007 1:13pm Mar 22, 2007 1:13pm
Just to let our analysis a lil bit harder, price never traded 23% fibo from "big up" yet... 9603...

Questions is when is it going to traded, whether or not is it going to trade the other fibos or if this was just a flush of specs like us out of the market.
  • #8,907
  • Mar 22, 2007 1:16pm Mar 22, 2007 1:16pm
Cable close at around 1.9613 today will make a piercing/twin candle in daily. Bulls will try to prevent that. Let's see.
Tra-X
  • #8,908
  • Mar 22, 2007 1:16pm Mar 22, 2007 1:16pm
Wow... nice recovery...

99 heeerreee weee gooo!!!!!...

Leelee's gonna kill me now...
  • #8,909
  • Mar 22, 2007 1:22pm Mar 22, 2007 1:22pm
Quoting cesarnc
Wow... nice recovery...

99 heeerreee weee gooo!!!!!...

Leelee's gonna kill me now...
Haha, I'm with ya, let's see 9900 now!!!
  • #8,910
  • Mar 22, 2007 1:29pm Mar 22, 2007 1:29pm
I am still long from 9913! So lets go!
  • #8,911
  • Mar 22, 2007 1:33pm Mar 22, 2007 1:33pm
This is key... bears may be coming out of their caves now...

The Usd's rebound has caught [CABLE] longs in particular on the hop, though the Pound is holding generally firm on the crosses. The latter stems from the run of firm UK data in the week (CBI, retail sales, CPI) which have revived hopes for a rate hike in May/Q2. Eur/Gbp does though, stand shy of a goodly build of bids protecting stops (CTAs) under 0.6770, leaving Gbp/Jpy as probably the best avenue to play strength. Offers are in place around 232.20 though should Jpy weakness persist, and ultimate move towards a m/t retracement target at 233.90 looks to be on the cards. Cable faces a mix of bids and stops around 1.96, though should the Usd continue to benefit from the ongoing re-assessment of the Fed's stance then a push towards the 1.9530-60 region may be on the cards. Offers now expected around 1.9670.
  • #8,912
  • Mar 22, 2007 1:35pm Mar 22, 2007 1:35pm
This is/was such a phony move! I bet so many people just had their trailing stops tripped. XAU is actually moving higher against the dollar. By the time London rolls around we'll be back to above 9650. This was a good washout so we can move higher tomorrow. I'll start to change my view when the EU gets below 3300.
  • #8,913
  • Mar 22, 2007 1:38pm Mar 22, 2007 1:38pm
where's my knife, from now on i'm going call 99 the "crackpot dream":

kidding though, 99 is as realistic as 89 is.

I think the past hour moves were probably some major stop hunting by the big guys, kind of wiped out the long and shorts who had close stops and margins. clean slate and only sizeable money or those with lots of guts to ride a few hundred pips are left in the game.
  • #8,914
  • Mar 22, 2007 1:39pm Mar 22, 2007 1:39pm
Quoting faure
This is/was such a phony move! I bet so many people just had their trailing stops tripped. XAU is actually moving higher against the dollar. By the time London rolls around we'll be back to above 9650. This was a good washout so we can move higher tomorrow. I'll start to change my view when the EU gets below 3300.
Agreed. Shaking the tree to get rid of the monkeys

I got myself a b-e-a-u-t-i-f-u-l entry at 9617. Ok, desperation driven, but turned out to be beautiful and erased the losses of a long at 9705 I had...

No 15M candle closing below 9620....
  • #8,915
  • Mar 22, 2007 1:46pm Mar 22, 2007 1:46pm
We have to admire a lady when we see one....

She is charming, isn't she?
Attached Image
  • #8,916
  • Mar 22, 2007 1:52pm Mar 22, 2007 1:52pm
awwh thank you, I didn't realize my beauty was coming thru the screen

oh you mean the chart



seriously though i picked up euro at 13 and 15, both profitable already
  • #8,917
  • Mar 22, 2007 1:55pm Mar 22, 2007 1:55pm
Quoting cesarnc
We have to admire a lady when we see one....

She is charming, isn't she?
Just watch out for that 19660-19670 region from the looks of it...
  • #8,918
  • Mar 22, 2007 1:55pm Mar 22, 2007 1:55pm
Quoting leelee75k
awwh thank you, I didn't realize my beauty was coming thru the screen

oh you mean the chart



seriously though i picked up euro at 13 and 15, both profitable already
I'm sure your 10x more charming, but that one was just amazing... .

Also grabbed a nice long at 3317 Euro... Whatta hell, it was screaming "Buy me!! Buy me!!! "...
  • #8,919
  • Mar 22, 2007 1:57pm Mar 22, 2007 1:57pm
Well, if you have a WMA (weighted MA), price is below 250'er line and touch it now on the top.
  • #8,920
  • Mar 22, 2007 2:02pm Mar 22, 2007 2:02pm
don't discount a dollar rally during this last hour of the ny session
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