Cable Update (GBPUSD) | Page 510 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #10,181
  • Apr 11, 2007 12:26pm Apr 11, 2007 12:26pm
Quoting IN-N-OUT
Hey Cesarnc,
I am still long at .9913! Feeling a little nervous...


I imagine... it's not everyday we see our worst trade ever about to break even
  • #10,182
  • Apr 11, 2007 12:35pm Apr 11, 2007 12:35pm
FED's Lacker is in Q&A, saying he favors inflation targeting as consistent with the Fed's mandate and inflation is affected by energy prices.
Its My Way,, U dont have to follow
  • #10,183
  • Apr 11, 2007 12:36pm Apr 11, 2007 12:36pm
been wondeing, how do long postion traders place their stop loss
infant, cant i just leave an open position till it breaks even or make me profits as long as i have enough fund to cover me from being margin called
  • #10,184
  • Apr 11, 2007 12:41pm Apr 11, 2007 12:41pm
IN-N-OUT
.9913 is a dangerous area that I can't go long from there, but anyways I wish you good luck, at least to breakeven
  • #10,185
  • Apr 11, 2007 12:50pm Apr 11, 2007 12:50pm
Quoting cesarnc
Since the Chinese crisis, followed by worldwide stocks selloff, "risk apetite/aversion" ... in dow jones tomorrow ...
i must say cesarnc. you truly are a good read.
BAM BAM BOOM! -bravado
  • #10,186
  • Apr 11, 2007 1:03pm Apr 11, 2007 1:03pm
FOMC Minutes - FED Minutes saying Interest Rate Increase may prove Necessary in May .
Its My Way,, U dont have to follow
  • #10,187
  • Apr 11, 2007 1:04pm Apr 11, 2007 1:04pm
The minutes say all "agreed that further policy firming might prove necessary to foster lower inflation, but in light of the increased uncertainty about the outlook for both growth and inflation, the Committee also agreed that the statement should no longer cite only the possibility of further firming.
Its My Way,, U dont have to follow
  • #10,188
  • Apr 11, 2007 1:05pm Apr 11, 2007 1:05pm
Quoting bravado
i must say cesarnc. you truly are a good read.
ohh.... you're my fan, bravado? how sweeett
  • #10,189
  • Apr 11, 2007 1:11pm Apr 11, 2007 1:11pm
GBP/USD up or down after FOMC?
  • #10,190
  • Apr 11, 2007 1:13pm Apr 11, 2007 1:13pm
Quoting cesarnc
ohh.... you're my fan, bravado? how sweeett
grrr. no hugs or smilies will be necessary. not now. not ever.

---

cable falling now.
BAM BAM BOOM! -bravado
  • #10,191
  • Apr 11, 2007 1:15pm Apr 11, 2007 1:15pm
How low do you guys expect the cable to fall??????
  • #10,192
  • Apr 11, 2007 1:17pm Apr 11, 2007 1:17pm
Helloooooooooooooooo fellow forex fiends....I mean friends.....hmmm...well, maybe I was right the first time. I haven't posted in awhile but good to see some of the same faces are here and some new ones, too. Started reading again yesterday, the first time in a long time and couldn't help myself. Had to post. Boy this was a dud of a day. Alot of talking heads but little movement so far.

Kicking myself for not shorting just above 1.98 as I had my finger ready to pull the trigger but was expecting a push up to the 9840-50 range so was holding out for that. When it retraced off that high and didn't really test it again I had to hold off on any positions.

Have a hard time seeing a push for 2.00 without some consolidation time unless a fundamental frenzy pushes it for a quicky touch. I'm inclined to think a day or two of sideways market is in store if there will be a move towards 2.00.

Great reading. I'm glad to see that there are still some capable traders here giving their insight.
  • #10,193
  • Apr 11, 2007 1:18pm Apr 11, 2007 1:18pm
Quoting ashlee_17
How low do you guys expect the cable to fall??????
Let it fall back to 196..... Then you can give me some of my money back.
  • #10,194
  • Apr 11, 2007 1:20pm Apr 11, 2007 1:20pm
Quoting Pipsta
Helloooooooooooooooo fellow forex fiends....I mean friends.....hmmm...well, maybe I was right the first time. I haven't posted in awhile but good to see some of the same faces are here and some new ones, too. Started reading again yesterday, the first time in a long time and couldn't help myself. Had to post. Boy this was a dud of a day. Alot of talking heads but little movement so far.

Kicking myself for not shorting just above 1.98 as I had my finger ready to pull the trigger but was expecting a push up to the 9840-50 range so was holding out for that. When it retraced off that high and didn't really test it again I had to hold off on any positions.

Have a hard time seeing a push for 2.00 without some consolidation time unless a fundamental frenzy pushes it for a quicky touch. I'm inclined to think a day or two of sideways market is in store if there will be a move towards 2.00.

Great reading. I'm glad to see that there are still some capable traders here giving their insight.
I did the same thing. 80 pips would have been a nice recovery.
  • #10,195
  • Apr 11, 2007 1:20pm Apr 11, 2007 1:20pm
Quoting Big P
Let it fall back to 196..... Then you can give me some of my money back.
I am thinking of shorting the cable now.. any insight??
  • #10,196
  • Apr 11, 2007 1:21pm Apr 11, 2007 1:21pm
*FOMC MINUTES FROM MAR 21ST: AGREED FURTHER POLICY FIRMING MIGHT BE NEEDED TO FOSTER LOWER INFLATION
- downside economic risks increased between Jan and March
- agreed statement should not cite only chance of hike in rates
- data have cast doubt whether inflation on downward path
- some officials think inflation risks have grown
- investment surprisingly weak and an important downside risk
- productivity should pick up but might be limited
- labor markets tight and consumer spending supported
- housing demand leveling out and no subprice spillover
  • #10,197
  • Apr 11, 2007 1:23pm Apr 11, 2007 1:23pm
Where is everybody? I guess everyone are busy selling cable...
  • #10,198
  • Apr 11, 2007 1:23pm Apr 11, 2007 1:23pm
FED'S LACKER: RECENT CORE INFLATION HAS NOT BEEN SO GOOD; UNCERTAIN HOW MUCH IT WILL MODERATE IN 2007
- additional firming may be needed
- move up in core inflation may reflect perception fed will tolerate a bit more inflation
- if inflation does not moderate this will pose a policy challenge later this year
- subprime mortgage problems hav so far no hit the wider economy
- notes that there is uncertainty over spread of mortgage problems, but sees no evidence that housing weakness is lowering consumer spending.
  • #10,199
  • Apr 11, 2007 1:25pm Apr 11, 2007 1:25pm
Quoting ashlee_17
I am thinking of shorting the cable now.. any insight??
I wouldn't. This drop is likely a minor one on emotional reaction to some words and it probably will pop back up to the range it had been holding all morning. I don't feel confident enough for continued drop and have it stay down to try and short this. I just longed for a scalp from the bounce off 9730 I hope to see it back at 9770 by the next hour or two.
  • #10,200
  • Apr 11, 2007 1:26pm Apr 11, 2007 1:26pm
Quoting ashlee_17
I am thinking of shorting the cable now.. any insight??
Well, I'm biased. I need it to plummet but I believe it will level out or go back North. Personally, I wouldn't short anymore, but that's just me. Picked up a few pips on the slide down.
277 traders viewing now