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Cable Update (GBPUSD)

  • #155,821
  • Aug 6, 2009 9:36am Aug 6, 2009 9:36am
Quoting malcolmb14
ne .. you got to think what went on .

GU was going up due to rumour about BOE stopping QE ... wonder who put that out there ?

In fact they raised QE by double.... from 25 bill to 50 bill .

The trap was set using the news to sell at discount... it did get close to your 1.7050 at 1.7030 , some guys are just to accurate.

daily looks done unless they pull some miracle out of GBPs butt.

over the next 24 hours GU will test breakout level 1.6600 , another 200 pips down
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Blogging daily now at www.volume.zone
  • #155,822
  • Aug 6, 2009 9:38am Aug 6, 2009 9:38am
Quoting malcolmb14
over the next 24 hours GU will test breakout level 1.6600 , another 200 pips down
dt, save the trunk for one more, we got malcolm in for the ride
Thank You
  • #155,823
  • Aug 6, 2009 9:39am Aug 6, 2009 9:39am
Quoting wormboy
dt, save the trunk for one more, we got malcolm in for the ride

trunk ? I will take roof if ok with you ...lol
Blogging daily now at www.volume.zone
  • #155,824
  • Aug 6, 2009 9:40am Aug 6, 2009 9:40am
took at long entry at 1.6805 stop 1.6788. 1st tp 1.691 2nd tp 1.703 3nd tp 1.74(next week)
  • #155,825
  • Aug 6, 2009 9:40am Aug 6, 2009 9:40am
Quoting Bull_Bear
Still a virgin with dragon bro might have to do more investigation for a little while.
okay bro, was just giving you the heads up. I'll see how this hour close before selling. That ltl is gone now
Thank You
  • #155,826
  • Aug 6, 2009 9:42am Aug 6, 2009 9:42am
Quoting malcolmb14
trunk ? I will take roof if ok with you ...lol
lol, did you see the size of that bear on dt's ride? you'll piss him off if you take the roof. no you stay in the trunk. I want this bear happy. I need to get paid!
Thank You
  • #155,827
  • Aug 6, 2009 9:43am Aug 6, 2009 9:43am
Quoting wormboy
okay bro, was just giving you the heads up. I'll see how this hour close before selling. That ltl is gone now
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,828
  • Aug 6, 2009 9:44am Aug 6, 2009 9:44am
Quoting wormboy
hahaha. betul la. we just broke out, why stop now?
....ok bro..anyway am looking for my long for tomorrow NFP...
just 10 sen
  • #155,829
  • Aug 6, 2009 9:44am Aug 6, 2009 9:44am
Quoting thekid
took at long entry at 1.6805 stop 1.6788. 1st tp 1.691 2nd tp 1.703 3nd tp 1.74(next week)

lol the men in the white coats coming to get you ...lol

this was a bull trap before interest rates . I thought the move was really odd.

double QE is not gbp bullish for next 24 hours , you will give your 25 pip stop away in under 2 hours maybe.

(this post done with tongue in cheek )
Blogging daily now at www.volume.zone
  • #155,830
  • Aug 6, 2009 9:45am Aug 6, 2009 9:45am
Quoting wormboy
lol, did you see the size of that bear on dt's ride? you'll piss him off if you take the roof. no you stay in the trunk. I want this bear happy. I need to get paid!
WB, C'mon bro join the bright side...you get paid a lot quicker...lol
Hear the music before the song is over ...
  • #155,831
  • Aug 6, 2009 9:46am Aug 6, 2009 9:46am
Lovely jubbly - nice day to load up on some more BHP and BP ADR's using stronger dollar


then a bounce to 1.6900 would warm my cockles

Easing schmeesing is what I say
  • #155,832
  • Aug 6, 2009 9:49am Aug 6, 2009 9:49am
Quoting grashid
....ok bro..anyway am looking for my long for tomorrow nfp...
Just 10 sen :d
still holding 2 shorts from 1.7025
  • #155,833
  • Aug 6, 2009 9:49am Aug 6, 2009 9:49am
tomorrow AIG reports..... it has been going nuts last 2 days (almost 90% up) ... seems like another trap to me.

How does this effect GU ... well aig news been holding up market and financials. If aig does not deliver then it is going to take hit on stock price dragging market down and strengthening usd.

on top of this we have NFP ..

the 4 hour chart gu bearish now to 1.6600. For now it is sell rallies unless we get close above 1.6850 on 10 min
Blogging daily now at www.volume.zone
  • #155,834
  • Aug 6, 2009 9:50am Aug 6, 2009 9:50am
Quoting GlobalMacro
WB, C'mon bro join the bright side...you get paid a lot quicker...lol
It's always brighter in the south side bro

Anyway this is only a 2usd/pip trade I'm on, I won't get paid that quick anyhow
Thank You
  • #155,835
  • Aug 6, 2009 9:53am Aug 6, 2009 9:53am
any idea where usd/jpy will go today ( expected max).............
  • #155,836
  • Aug 6, 2009 9:53am Aug 6, 2009 9:53am
Quoting malcolmb14
trunk ? I will take roof if ok with you ...lol
Roof's taken bro, how do ya think Im getting there? LOL

BTW, Excellent analysis yesterday as usual malcolmb, spot on.
  • #155,837
  • Aug 6, 2009 9:54am Aug 6, 2009 9:54am
Quoting malcolmb14
lol the men in the white coats coming to get you ...lol

this was a bull trap before interest rates . I thought the move was really odd.

double QE is not gbp bullish for next 24 hours , you will give your 25 pip stop away in under 2 hours maybe.

(this post done with tongue in cheek )
alrht moved my ST to 1.68 now only risking 5pips. it might drop but i seen this pattern on the 5 mon macd so many times that i gotta take advantage of it. I also this it drop but I think it will first touch at least 1.691+-.001 area.
  • #155,838
  • Aug 6, 2009 9:55am Aug 6, 2009 9:55am
Alright girls.... Wormie,GM,DT,Gras man,Chris & others.

Smell you later
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,839
  • Aug 6, 2009 9:56am Aug 6, 2009 9:56am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
true MAL,


Yup, both london boys and US bears had their chance, Longs are good after asia bears have also tasted some success. IMO it should drop to 7750 before reversing to 68500..anyhow it's a not massive difference might reach there anytime.

Long term, cannot see below 67000, that's a far bit stretched. However, I would love to see it there for shrugging some shorts I have :-)






Quoting malcolmb14
lol the men in the white coats coming to get you ...lol

this was a bull trap before interest rates . I thought the move was really odd.

double QE is not gbp bullish for next 24 hours , you will give your 25 pip stop away in under 2 hours maybe.

(this post done with tongue in cheek )
  • #155,840
  • Aug 6, 2009 9:57am Aug 6, 2009 9:57am
Quoting Bull_Bear
Alright girls.... Wormie,GM,DT,Gras man,Chris & others.

Smell you later
cya...stay away from the fridge for another 24 hrs though...lol..
Hear the music before the song is over ...
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