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Cable Update (GBPUSD)

  • #9,881
  • Apr 5, 2007 6:07am Apr 5, 2007 6:07am
Well done for me :-)
I hope for you too.
big move, big lot, hyper protected trade = me happy
  • #9,882
  • Apr 5, 2007 6:10am Apr 5, 2007 6:10am
Quoting dswk
Well done for me :-)
I hope for you too.
big move, big lot, hyper protected trade = me happy
Congratz.
Managed to close 1 more part of short at the downspike here.
Tra-X
  • #9,883
  • Apr 5, 2007 6:12am Apr 5, 2007 6:12am
Is that it? Is it over? Can I open my eyes now?
  • #9,884
  • Apr 5, 2007 6:16am Apr 5, 2007 6:16am
Quick question: where is the market?
  • #9,885
  • Edited 6:31am Apr 5, 2007 6:25am | Edited 6:31am
Quoting cesarnc
Quick question: where is the market?
I see consolidation between 9710...9740

or...

Maybe downtrend....

I dont see uptrend
  • #9,886
  • Apr 5, 2007 6:30am Apr 5, 2007 6:30am
I don't see anything...
  • #9,887
  • Apr 5, 2007 6:36am Apr 5, 2007 6:36am
Quoting cesarnc
I don't see anything...

I agree I don't have a clue witch way this is going or how far.
  • #9,888
  • Apr 5, 2007 6:42am Apr 5, 2007 6:42am
Quoting pwegner
I agree I don't have a clue witch way this is going or how far.
This is tricky... there wasn't any follow through above 9770-9800 recently, there wasn't any profit taking from 92s-98s. Cable simply went choppy right now...

So the hike was not priced in. Then, was the "no-hike" priced in at mid-97s? Still honding and wondering here...
  • #9,889
  • Apr 5, 2007 6:49am Apr 5, 2007 6:49am
Quoting cesarnc
This is tricky... there wasn't any follow through above 9770-9800 recently, there wasn't any profit taking from 92s-98s. Cable simply went choppy right now...

So the hike was not priced in. Then, was the "no-hike" priced in at mid-97s? Still honding and wondering here...
The Us didn't raise interest and Boe didn't raise interest this time are we done with interest rates going up for now.
  • #9,890
  • Apr 5, 2007 6:53am Apr 5, 2007 6:53am
shorted cable @ 9732 & @9710. sl=9746. tp=9640.
BAM BAM BOOM! -bravado
  • #9,891
  • Apr 5, 2007 7:00am Apr 5, 2007 7:00am
Quoting bravado
shorted cable @ 9732 & @9710. sl=9746. tp=9640.
640...................????
I dont know about that when you expectin this one mate
  • #9,892
  • Apr 5, 2007 7:02am Apr 5, 2007 7:02am
Quoting bravado
shorted cable @ 9732 & @9710. sl=9746. tp=9640.
i'm currently out.
and just observe where we go today bcoz tomorrow while be a very special day. Very high volatility expected.
And as i remember, every "holiday" or "day off" are really hurting 4 the $.

Let's see.
  • #9,893
  • Apr 5, 2007 7:02am Apr 5, 2007 7:02am
Market news is saying that the perception is that the Uk is near the end of raising interest rates but that the EC is not.
  • #9,894
  • Apr 5, 2007 7:05am Apr 5, 2007 7:05am
Quoting rav700
640...................????
I dont know about that when you expectin this one mate
i see the support @ 9680.
BAM BAM BOOM! -bravado
  • #9,895
  • Apr 5, 2007 7:07am Apr 5, 2007 7:07am
Quoting dswk
i'm currently out.
and just observe where we go today bcoz tomorrow while be a very special day. Very high volatility expected.
And as i remember, every "holiday" or "day off" are really hurting 4 the $.

Let's see.
agreed. NFP on friday. i hate fridays.
BAM BAM BOOM! -bravado
  • #9,896
  • Apr 5, 2007 7:08am Apr 5, 2007 7:08am
Quoting bravado
shorted cable @ 9732 & @9710. sl=9746. tp=9640.

Bravado, you seem to always get a good price to get in. I got in short @ 9727.
Well, how low would it go? Daily stows is extremely overbought. Looks like it has way to go (downward) http://www.forexfactory.com/images/icons/icon7.gif
  • #9,897
  • Apr 5, 2007 7:11am Apr 5, 2007 7:11am
took a look @ 9680 support, and it doesn't look as strong as support below 9650.
BAM BAM BOOM! -bravado
  • #9,898
  • Apr 5, 2007 7:14am Apr 5, 2007 7:14am
Quoting mktjong
Bravado, you seem to always get a good price to get in. I got in short @ 9727.
Well, how low would it go? Daily stows is extremely overbought. Looks like it has way to go (downward) http://www.forexfactory.com/images/icons/icon7.gif
i know that 9630 has brick walls around it.

just be discretionary with your tp. NFP NFP NFP.
BAM BAM BOOM! -bravado
  • #9,899
  • Apr 5, 2007 7:15am Apr 5, 2007 7:15am
Quoting bravado
took a look @ 9680 support, and it doesn't look as strong as support below 9650.
Agree, 9650 is about 61.8% of a late retracement. Usually is quite strong.
  • #9,900
  • Apr 5, 2007 7:16am Apr 5, 2007 7:16am
Quoting mktjong
Bravado, you seem to always get a good price to get in. I got in short @ 9727.
Well, how low would it go? Daily stows is extremely overbought. Looks like it has way to go (downward) http://www.forexfactory.com/images/icons/icon7.gif
oh and besides you are the one with good tp's.

where do you think it will go?
BAM BAM BOOM! -bravado
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