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Cable Update (GBPUSD)

  • #9,261
  • Mar 27, 2007 4:39pm Mar 27, 2007 4:39pm
Quoting de123
now its 65.51...sorry guys, i know its only cable, but this i had to post...lol,....
Nothing to be sorry about... Too much inter connection and we must know what's going on everywhere... Specially with this very sensitive geopolitical issue....

Thanks for quick posting... I was like vrazy searching for sources here...

Thanks to all, BTW.
  • #9,262
  • Mar 27, 2007 4:41pm Mar 27, 2007 4:41pm
thanks wshhmmm
you have a source? is this something that supposedly happen today? so much iran news I can't keep up.
  • #9,263
  • Mar 27, 2007 4:49pm Mar 27, 2007 4:49pm
actually nevermind, I found it on Reuters.

thanks again though, I thought I was hearing things
  • #9,264
  • Mar 27, 2007 4:49pm Mar 27, 2007 4:49pm
If you guys have some sort of free RSS feed, would you mind sharing?

My freaking RSS's are feeding me "US confidence hit by house prices"

  • #9,265
  • Mar 27, 2007 5:20pm Mar 27, 2007 5:20pm
i am going to revenge trade.

long cable 9657 no stop loss yet. i will add more if it goes down a bit depending. double the lot i used to short before getting stopped out -10 pips.

i'm too upset not to revenge trade right now.
BAM BAM BOOM! -bravado
  • #9,266
  • Mar 27, 2007 5:29pm Mar 27, 2007 5:29pm
Quoting bravado
i am going to revenge trade.

long cable 9657 no stop loss yet. i will add more if it goes down a bit depending. double the lot i used to short before getting stopped out -10 pips.

i'm too upset not to revenge trade right now.


USD dumpping seems to be picking up again...

There are speculations that this Iran shit is going to spook the hell out of Asia session... I don't think so, but... who knows?


Long CHF will be a killing in this case. Go look at it during the freakout.
  • #9,267
  • Mar 27, 2007 6:12pm Mar 27, 2007 6:12pm
This methods will not help dollar to get cheaper for a long time.It's time to face the truth - the american economy is much flexible and better,than all others.
eur/usd above 1.30 will make the crisis in the real estate sector much deeper.
Eur/usd will go til 1.20 before the end of the year.
The interest parity is something we should never forget!
  • #9,268
  • Mar 27, 2007 6:31pm Mar 27, 2007 6:31pm
Quoting TheCable
This methods will not help dollar to get cheaper for a long time.It's time to face the truth - the american economy is much flexible and better,than all others.
eur/usd above 1.30 will make the crisis in the real estate sector much deeper.
Eur/usd will go til 1.20 before the end of the year.
The interest parity is something we should never forget!
Agreed... But Iran stating "attack me and you'll have to face greater damage".

Are they wrong?

During a rumor, FIRST MINUTE action was "sell dollar first, figure it out later".

Earlier today I was wondering what would be the impact from a nasty outcome in Iran. To let it clear, I don't want a nasty outcome to profit on it.

But we gotta be prepared and know what to do at least to protect our cash on the line...

This quick demonstration gave me all the answers.
  • #9,269
  • Mar 27, 2007 6:32pm Mar 27, 2007 6:32pm
out of trade B/E.
BAM BAM BOOM! -bravado
  • #9,270
  • Mar 27, 2007 6:39pm Mar 27, 2007 6:39pm
http://www.imagefreehost.com/files/2...1410065408.gif

THis is why I will sell soon the cable and will wait to see the long-term move.
  • #9,271
  • Mar 27, 2007 7:06pm Mar 27, 2007 7:06pm
Quoting TheCable

THis is why I will sell soon the cable and will wait to see the long-term move.
1)- Short cable now, TP 1.3766 for double bottom.

2) Include your system login info in your will for grandchildren to go after the cash.
  • #9,272
  • Mar 27, 2007 7:09pm Mar 27, 2007 7:09pm
Quoting TheCable
THis is why I will sell soon the cable and will wait to see the long-term move.
not a bad reason.
BAM BAM BOOM! -bravado
  • #9,273
  • Mar 27, 2007 7:15pm Mar 27, 2007 7:15pm
Quoting cesarnc
1)- Short cable now, TP 1.3766 for double bottom.

2) Include your system login info in your will for grandchildren to go after the cash.
I think a more realistic double bottom is at 1.7049 and that one your children
could probably get rather than it having to wait for your grandchildren.
  • #9,274
  • Mar 27, 2007 7:22pm Mar 27, 2007 7:22pm
Quoting cesarnc
1)- Short cable now, TP 1.3766 for double bottom.

2) Include your system login info in your will for grandchildren to go after the cash.
while you were cracking jokes and having fun, i've been looking at cable.
it truly has no bearing at the moment.

i'm done with looking at charts for now.
BAM BAM BOOM! -bravado
  • #9,275
  • Mar 27, 2007 7:25pm Mar 27, 2007 7:25pm
Quoting bravado
while you were cracking jokes and having fun, i've been looking at cable.
it truly has no bearing at the moment.

i'm done with looking at charts for now.
Now you know why we were cracking jokes and having fun. Nothing else worth doing.
  • #9,276
  • Mar 27, 2007 8:13pm Mar 27, 2007 8:13pm
Quoting moonchild
Now you know why we were cracking jokes and having fun. Nothing else worth doing.
Dip buying GJ, while last minute companies take loads of Yen back to Tokyo.

added 231.46 + spread. Next 231.00
  • #9,277
  • Mar 27, 2007 8:24pm Mar 27, 2007 8:24pm
Quoting cesarnc
Dip buying GJ, while last minute companies take loads of Yen back to Tokyo.

added 231.46 + spread. Next 231.00
You are far more certain about this pair going up than I am at present.

I was thinking earlier (a few days ago) that this pair would go up, at least one more time. Now I am getting less and less certain that this will happen. Looking back at 1998 just makes the point even more clearly that this pair could head down in a very big way from just where it is right now because it has done it in the past.
  • #9,278
  • Mar 27, 2007 8:35pm Mar 27, 2007 8:35pm
Quoting cesarnc
Dip buying GJ, while last minute companies take loads of Yen back to Tokyo.

added 231.46 + spread. Next 231.00
You are far more certain about this pair going up than I am at present.

I was thinking earlier (a few days ago) that this pair would go up, at least one more time. Now I am getting less and less certain that this will happen. Looking back at 1998 just makes the point even more clearly that this pair could head down in a very big way from just where it is right now because it has done it in the past.
  • #9,279
  • Mar 27, 2007 9:09pm Mar 27, 2007 9:09pm
Quoting cesarnc
Dip buying GJ, while last minute companies take loads of Yen back to Tokyo.

added 231.46 + spread. Next 231.00
just seen this.

i don't agree with this.
BAM BAM BOOM! -bravado
  • #9,280
  • Mar 27, 2007 9:24pm Mar 27, 2007 9:24pm
actually, there is a decent chance that gj will bounce up to 231.30.

i would reassess the trade then.

perhaps you see something i don't. in which case, stick with your trade.
BAM BAM BOOM! -bravado
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