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Cable Update (GBPUSD)

  • #137,401
  • Jun 16, 2009 2:35am Jun 16, 2009 2:35am
Quoting neptun84
Hi everyone!
The Consumer Price Index is expected to rise by 1.9% (annually adjusted). This is lower than last month’s 2.3%. If this happens, the Pound will suffer. This is the fisr indicator for the week, and quite a strong one indeed. Published on Tuesday, at 8:30 GMT.

The 1.9% estimate is already priced in. A variation from this figure will generate an impact of some sort.
Avoiding poverty, one pip at a time.
  • #137,402
  • Jun 16, 2009 2:49am Jun 16, 2009 2:49am
i looks that eur/usd will climb to smth 3890 and gbp is resisting a climb, i guess there could be a fall after eur/usd reaches top, correlation usually is pretty strong
  • #137,403
  • Jun 16, 2009 2:51am Jun 16, 2009 2:51am
short @ .6357. How about you guys?
  • #137,404
  • Jun 16, 2009 2:59am Jun 16, 2009 2:59am
Quoting Exciter135
short @ .6357. How about you guys?
Yes I shorted at 6364, couldn't resist it the second time round. Moved my sl to be now.
  • #137,405
  • Jun 16, 2009 3:02am Jun 16, 2009 3:02am
Hi everyone!

Been lurking on this thread for a couple of days, thought I might try to throw in my two cent as well. I'm new on this field, and this thread been a big help for me.

I'm holding position now, waiting for confirmation on my trendline. I wanted to use fibonacci as well, but not sure where to draw the line on the chart to maximize its potential. Can anyone enlighten me?

Regards,
-A
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  • #137,406
  • Jun 16, 2009 3:07am Jun 16, 2009 3:07am
Quoting Adrino
Hi everyone!

Been lurking on this thread for a couple of days, thought I might try to throw in my two cent as well. I'm new on this field, and this thread been a big help for me.

I'm holding position now, waiting for confirmation on my trendline. I wanted to use fibonacci as well, but not sure where to draw the line on the chart to maximize its potential. Can anyone enlighten me?

Regards,
-A
ASK FOREXLION...... (bow bow...)
  • #137,407
  • Jun 16, 2009 3:13am Jun 16, 2009 3:13am
Quoting Adrino
Hi everyone!

Been lurking on this thread for a couple of days, thought I might try to throw in my two cent as well. I'm new on this field, and this thread been a big help for me.


Regards,
-A
Welcome and good luck in your trading.
  • #137,408
  • Jun 16, 2009 3:15am Jun 16, 2009 3:15am
i long at 1.6330... tp 50. hopefully this thing make fun..
  • #137,409
  • Jun 16, 2009 3:17am Jun 16, 2009 3:17am
Quoting 4cfx
Yes I shorted at 6364, couldn't resist it the second time round. Moved my sl to be now.

Yeah, im with you guys on this one.

I shorted at 340!

Where is your first tp?
  • #137,410
  • Jun 16, 2009 3:20am Jun 16, 2009 3:20am
Quoting smartalicus
ASK FOREXLION...... (bow bow...)
Quoting 4cfx
Welcome and good luck in your trading.
thanks

so... those who've just made their decision, care to share your thoughts?
  • #137,411
  • Jun 16, 2009 3:21am Jun 16, 2009 3:21am
Quoting sidelli
i long at 1.6330... tp 50. hopefully this thing make fun..
Too soon.
Data due in 10 minutes. You'd be lucky if this thing does not spike the wrong way against you. Hope is the right choice for word nonetheless
Thank You
  • #137,412
  • Jun 16, 2009 3:22am Jun 16, 2009 3:22am
Quoting alex1976
Yeah, im with you guys on this one.

I shorted at 340!

Where is your first tp?
oil just ticked up.... i wish I could fast forward about 20 mins.... want to decide to make trade or sleep.... ACK
  • #137,413
  • Jun 16, 2009 3:22am Jun 16, 2009 3:22am
Quoting alex1976
Yeah, im with you guys on this one.

I shorted at 340!

Where is your first tp?
Aiming at 6174 and if that breaks, then god knows.
  • #137,414
  • Jun 16, 2009 3:23am Jun 16, 2009 3:23am
Quoting wormboy
Too soon.
Data due in 10 minutes. You'd be lucky if this thing does not spike the wrong way against you. Hope is the right choice for word nonetheless

agree
{Promotion Removed}
  • #137,415
  • Jun 16, 2009 3:26am Jun 16, 2009 3:26am
If less then 1.9% sell GBP
No risk, No Glory.
  • #137,416
  • Jun 16, 2009 3:26am Jun 16, 2009 3:26am
Quoting jorryo
If less thet 1.9% sell GDP
g"B"p

HAHA
  • #137,417
  • Jun 16, 2009 3:28am Jun 16, 2009 3:28am
Quoting smartalicus
g"B"p

HAHA
So trade or sleep?
  • #137,418
  • Jun 16, 2009 3:28am Jun 16, 2009 3:28am
worm boy have you take a position yet?
Verily, in every difficulties there is relief
  • #137,419
  • Jun 16, 2009 3:31am Jun 16, 2009 3:31am
My charts are spiking up. hehe
{Promotion Removed}
  • #137,420
  • Jun 16, 2009 3:31am Jun 16, 2009 3:31am
Quoting smartalicus
g"B"p

HAHA
data above expectations


well that tells you why movement was not dramatic either way, but not bearish up until, either... wheee
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