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Cable Update (GBPUSD)

  • #150,261
  • Jul 23, 2009 2:47pm Jul 23, 2009 2:47pm
Quoting wormboy
wot luk tok hang
ok go long then. see ya
wot luk.....cable..see u at 1.5300
  • #150,262
  • Jul 23, 2009 2:47pm Jul 23, 2009 2:47pm
Quoting wormboy
wot luk tok hang
ok go long then. see ya

Worm you lost me here. Are you going long or short?
Better safe than sorry
  • #150,263
  • Jul 23, 2009 2:47pm Jul 23, 2009 2:47pm
Quoting ganymedes
Long @ 1.6520, SL @ 1.6494.
Nah, no good.
Closed (BE).
  • #150,264
  • Jul 23, 2009 2:52pm Jul 23, 2009 2:52pm
the DOW has had such a long unbroken run now that I reckon a pullback is inevitable - not a huge one - just profit taking

friday ?

dont know but I am watching for it


cashed in some nice DOW chips today and waiting to renter at 8700
  • #150,265
  • Jul 23, 2009 3:00pm Jul 23, 2009 3:00pm
Quoting cdforex
Worm you lost me here. Are you going long or short?
lol, short.
I was just mocking akumelayu who wanted to go long
Thank You
  • #150,266
  • Jul 23, 2009 3:03pm Jul 23, 2009 3:03pm
I think it is going back to 6480 area @ 38% retracement then go up if more is @50% 66450 I'll go long around there points.

good luck all.
  • #150,267
  • Jul 23, 2009 3:03pm Jul 23, 2009 3:03pm
Dow is up strong, treasuries closed positive but Cable couldn't sustain at the high .. I suspect tomorrow's data out of UK is rotten one http://www.forexfactory.com/images/icons/icon10.gif
  • #150,268
  • Jul 23, 2009 3:07pm Jul 23, 2009 3:07pm
Looks like many ppl didn't do that well today, not much action seemed to have gone on anyway. Lucky I was out all day...not trading is trading too, right?!
Trading Makes Money!
  • #150,269
  • Jul 23, 2009 3:10pm Jul 23, 2009 3:10pm
Quoting allserene
the DOW has had such a long unbroken run now that I reckon a pullback is inevitable - not a huge one - just profit taking

friday ?

dont know but I am watching for it


cashed in some nice DOW chips today and waiting to renter at 8700
Yes, that would make a lot of sense.
At least a test of 9000 as support, that would only be healthy. Without some proper retracements and pauses, I'm afraid we are bound to crash head first into a brick wall soon.
  • #150,270
  • Jul 23, 2009 3:13pm Jul 23, 2009 3:13pm
Quoting mktjong
Dow is up strong, treasuries closed positive but Cable couldn't sustain at the high .. I suspect tomorrow's data out of UK is rotten one http://www.forexfactory.com/images/icons/icon10.gif
i know somone who's UK house sold this week after 2 years and 3 months on the market
The restaurants in Leeds had waiting lists last week
They dont have to price in universal health care since they have had it since I was one - my mum paid for my birth at a shilling a week (bargain) - the doctor came round to the house every friday for the money - a bit like the US but without the bankruptcy lawyers

London underground was bursting more than usual and the hotels were full

They could have some surprises as the blighters love to spend as much as the yankees
  • #150,271
  • Jul 23, 2009 3:14pm Jul 23, 2009 3:14pm
What happened to Euro, it's tanking all along ..
  • #150,272
  • Jul 23, 2009 3:17pm Jul 23, 2009 3:17pm
Thank You
  • #150,273
  • Jul 23, 2009 3:17pm Jul 23, 2009 3:17pm
Quoting mktjong
I suspect tomorrow's data out of UK is rotten one http://www.forexfactory.com/images/icons/icon10.gif
I have to respectfully disagree.
Blame the dollar. It had a new lower low today, and now it's back at it's highs of the day!!
Attached Image


The Pound however, has been sliding steadily higher since yesterday.
  • #150,274
  • Jul 23, 2009 3:18pm Jul 23, 2009 3:18pm
40 pips in 4minutes.

Im fading it.
  • #150,275
  • Jul 23, 2009 3:20pm Jul 23, 2009 3:20pm
.........Had a short at 6500 and killed it when it ran away.

I think buy or sell right around there and just wait. This wishy washy crap will get there eventually....
Ghost Rider - WWTBMD?
  • #150,276
  • Jul 23, 2009 3:22pm Jul 23, 2009 3:22pm
see if it gets to 420 this time phil
Thank You
  • #150,277
  • Jul 23, 2009 3:25pm Jul 23, 2009 3:25pm
fuck you microsoft!
  • #150,278
  • Jul 23, 2009 3:27pm Jul 23, 2009 3:27pm
There is news about Microsoft missed the earnings and cutting 5000 jobs .. probably behind the move plus low liquidity
  • #150,279
  • Jul 23, 2009 3:28pm Jul 23, 2009 3:28pm
Quoting KillPhil08
fuck you microsoft!
... cool down man .. good if u short. I closed my Geppy short too early as well ..
  • #150,280
  • Jul 23, 2009 3:30pm Jul 23, 2009 3:30pm
Quoting wormboy
see if it gets to 420 this time phil
Not me..not this time...I'm buying it at 6460 if it gets there.....

Pending set....
Ghost Rider - WWTBMD?
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