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Cable Update (GBPUSD)

  • #144,601
  • Jul 9, 2009 6:30am Jul 9, 2009 6:30am
Quoting RichLadyFX
Rate stay the same. What that spike for?
mkt was effectively 60:40 against them using up the remaining 25bn for qe. They stayed with 125 to be reviewed in august showing they are now in more o a wait and see mode like ecb rather than proactively trying to boost the economy via more qe
  • #144,602
  • Jul 9, 2009 6:32am Jul 9, 2009 6:32am
Quoting jack.canadia
ya its a bunch of shit! the daily clearly showed it had room to and i have an order at 6270!

i knew everyone was way too bearish when we flirted with 6000 .. and the hourly dibergence finaly played out, and could still be
Exactly the same 6270 here as well buddy.....

I'm leaving it there too!!....
Ghost Rider - WWTBMD?
  • #144,603
  • Jul 9, 2009 6:33am Jul 9, 2009 6:33am
Quoting wormboy
yup. but this is the big resistance level (6220 s/r) we've just approached.
But like I said, you're sharp as I'm sure you're already aware of this

Just the average guy bro.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,604
  • Jul 9, 2009 6:34am Jul 9, 2009 6:34am
Quoting Geppyg
Be Careful with longs and shorts...
Am Still in my shorts to be honest....
Let see if my waiting pays off....
WB may I ask what is your TP?
I think we can reach 1.57 as that is the 1.38 fib ex. before bulls take over for a long ride ,of course I could be wrong.
I`ve been wrong before,and I may be wrong again.
  • #144,605
  • Jul 9, 2009 6:35am Jul 9, 2009 6:35am
Quoting grashid
patient is virtual...remember that

Yes sir very very true!!

learn it by loosing money. guess it helps there to hit it right into my head.

thnks cifu!!

a hug for your you for the tips.
  • #144,606
  • Jul 9, 2009 6:36am Jul 9, 2009 6:36am
Ub, you catch my long?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,607
  • Jul 9, 2009 6:37am Jul 9, 2009 6:37am
Quoting wormboy
yep. fire burning dragon-beast-gbp jpy
9 p spread? wtf?
Yea, if I'm reading it right. Just looked and had 150.82 / 150.91

I'm not used to those 2 digit deals so maybe I be wrong?
Ghost Rider - WWTBMD?
  • #144,608
  • Jul 9, 2009 6:37am Jul 9, 2009 6:37am
WAITING FOR RIGHT POSITION FOR SHORT
  • #144,609
  • Jul 9, 2009 6:38am Jul 9, 2009 6:38am
Hey Bull Bear,

Am learning alot from your posts. I think I have the same view as you. Small run up to 1.6275 then short.

I was a bit slow getting in cos of day job :-(
Long @ 1.6218 TP 1.6274

Here's why I think it'll stall at 1.6274

Thx to all of you for your posts - been very educational.

V
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily.gif Size: 32 KB
A pip is only worth it if you know how much you risked to earn it
  • #144,610
  • Jul 9, 2009 6:39am Jul 9, 2009 6:39am
Quoting cttrader
WB may I ask what is your TP?
I think we can reach 1.57 as that is the 1.38 fib ex. before bulls take over for a long ride ,of course I could be wrong.
err was that question for me? bcoz i think you quoted geppyg
Thank You
  • #144,611
  • Jul 9, 2009 6:41am Jul 9, 2009 6:41am
Quoting albchr
Yea, if I'm reading it right. Just looked and had 150.82 / 150.91

I'm not used to those 2 digit deals so maybe I be wrong?
i think maybe your broker widened it closer to the data release?
what does it look like now? mine fluctuates between 3.7 - 4.3
Thank You
  • #144,612
  • Jul 9, 2009 6:42am Jul 9, 2009 6:42am
Quoting Bull_Bear
Ub, you catch my long?
yea and out with 50 now waiting for short i have already one short open

Ub
  • #144,613
  • Jul 9, 2009 6:42am Jul 9, 2009 6:42am
Quoting vlady1974
Hey Bull Bear,

Am learning alot from your posts. I think I have the same view as you. Small run up to 1.6275 then short.

I was a bit slow getting in cos of day job :-(
Long @ 1.6218 TP 1.6274

Here's why I think it'll stall at 1.6274

Thx to all of you for your posts - been very educational.

V
No Problems mate, your chart looks like you've got it together
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,614
  • Jul 9, 2009 6:43am Jul 9, 2009 6:43am
Quoting ubaidahsan
yea and out with 50 now waiting for short i have already one short open

Ub

Good man
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,615
  • Jul 9, 2009 6:44am Jul 9, 2009 6:44am
Quoting wormboy
err was that question for me? bcoz i think you quoted geppyg
ooops yes WB it was for geppyg ,sorry.
I`ve been wrong before,and I may be wrong again.
  • #144,616
  • Jul 9, 2009 6:45am Jul 9, 2009 6:45am
Quoting wormboy
i think maybe your broker widened it closer to the data release?
what does it look like now? mine fluctuates between 3.7 - 4.3
.70 / .79 I thought GY was what you meant yesterday so I've been watching it. A steady 9 every time I looked. (IBFX) Mine fluctuate too but by the fractions.
Ghost Rider - WWTBMD?
  • #144,617
  • Jul 9, 2009 6:48am Jul 9, 2009 6:48am
Short near daily R3 (6277)
  • #144,618
  • Jul 9, 2009 6:48am Jul 9, 2009 6:48am
Quoting RichLadyFX
Rate stay the same. What that spike for?
No extension of QE which was a suprise. Then bad news on Bradford & Bingley took it back down.
  • #144,619
  • Jul 9, 2009 6:49am Jul 9, 2009 6:49am
At around 3:00 GMT, the price might move down...
  • #144,620
  • Jul 9, 2009 6:49am Jul 9, 2009 6:49am
Quoting wormboy
i think maybe your broker widened it closer to the data release?
what does it look like now? mine fluctuates between 3.7 - 4.3

What kind of flatform u used? FXCM? i just guess..Mini account spread 4-6, micro like u said..

by the way, where u staying..Johor bharu?
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