Cable Update (GBPUSD) | Page 8357 | 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)

  • #167,121
  • Sep 18, 2009 9:29am Sep 18, 2009 9:29am
Closed recent short for 61pips. +33 earlier short @ 8:00AM EST.

Wasn't hard to analyze this one, factor in a bearish pound, key resistance area and some trendlines.. and bam, you have a plan.

Its like taking candy from a baby.

http://img504.imageshack.us/img504/5...overall.th.gif
lowest draw down possible please.
  • #167,122
  • Sep 18, 2009 9:29am Sep 18, 2009 9:29am
Quoting wormboy
lol okay then stand up for the anthem.

Shorty got that super thang
hotter than the sun in south of spain
got me soon as i walked thru the door
my pocket started to tickeling
the way she dropped it low that thang
got me wanna spend my money on herrr
she get it pop it lock it drop it
that birthday cake
got a candle need to blow that crazy flame away
now take my red black card & my jewellery
shorty is cool like fire
cool like fire!
somebody call 911
shorty fire burning on the dance floor whooaaa



http://www.youtube.com/watch?v=yqUfxxUd-0s...
HI 5
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,123
  • Sep 18, 2009 9:29am Sep 18, 2009 9:29am
Quoting Bull_Bear
Are you back on the long side again are you bro? I Thought you were short earlier.
yup...I got stopped & reversed twice today...the third time I'm heading to the bar...

very, very rare for me!
Hear the music before the song is over ...
  • #167,124
  • Sep 18, 2009 9:30am Sep 18, 2009 9:30am
Quoting Bull_Bear
Are you back on the long side again are you bro? I Thought you were short earlier.
bro, one fire sneeze from our dragon I reckon we'll get our 147
Thank You
  • #167,125
  • Sep 18, 2009 9:30am Sep 18, 2009 9:30am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hey GM,

if it doesn't go up on 62500. Brace yourself for 61250 and 58500. Even Aus is going down but EU is like a rock. Follows dow. If dows up it ain't going down but someone is really taking his grudge out on GU.






Quoting GlobalMacro
Still hanging in there...
Bears show me your teeth...
bar keeper has to wait a lil...
  • #167,126
  • Sep 18, 2009 9:32am Sep 18, 2009 9:32am
Quoting wormboy
bro, one fire sneeze from our dragon I reckon we'll get our 147

  • #167,127
  • Sep 18, 2009 9:34am Sep 18, 2009 9:34am
Wormie . BB , and all
Happy Weekend and EId Mubarak ..
Am all done see you guys on monday
  • #167,128
  • Sep 18, 2009 9:34am Sep 18, 2009 9:34am
Quoting ams
Hey GM,

if it doesn't go up on 62500. Brace yourself for 61250 and 58500. Even Aus is going down but EU is like a rock. Follows dow. If dows up it ain't going down but someone is really taking his grudge out on GU.
yea...this is weird...
dow up 0.4%
cable is the worst performer even usdx is behaving...
Hear the music before the song is over ...
  • #167,129
  • Sep 18, 2009 9:35am Sep 18, 2009 9:35am
Quoting nAVIN2007
thanks buddy...
i will only trade on valid signals now...
Plenty of opportunities NAV. Keep with the plan and you be right bro....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,130
  • Sep 18, 2009 9:37am Sep 18, 2009 9:37am
Quoting GlobalMacro
yup...I got stopped & reversed twice today...the third time I'm heading to the bar...

very, very rare for me!
Dame its rare for your effort.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,131
  • Sep 18, 2009 9:38am Sep 18, 2009 9:38am
Quoting wormboy
bro, one fire sneeze from our dragon I reckon we'll get our 147
I hope so but my final destination is 148.00 for now.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,132
  • Sep 18, 2009 9:39am Sep 18, 2009 9:39am
Gbp历来是非美见顶的风向标.

中线目标

eur第一步看14000

gbp第一步看16000

aud第一步看8000
  • #167,133
  • Sep 18, 2009 9:41am Sep 18, 2009 9:41am
Quoting Bull_Bear
Plenty of opportunities NAV. Keep with the plan and you be right bro....
yup, i changed so much about what i do this week....will go back to basics and trade plan....im good bro...

just hate getting it right and still messing it up!....but then again i suppose plenty do that.....welldone on the short brother!
  • #167,134
  • Sep 18, 2009 9:41am Sep 18, 2009 9:41am
Look just how 'technical' euro got this morning

Bounce right off a previous lower trendline, acting as a resistance..

Gorgeous, isn't it??

http://img15.imageshack.us/img15/163...overall.th.gif

60+pip potential
lowest draw down possible please.
  • #167,135
  • Sep 18, 2009 9:42am Sep 18, 2009 9:42am
As a typical, I try not to be in market on a Friday after the morning spikes, but, I gotta say, I am a sucker for punishment.

Took a small bite for a long, long shot, will giver bottom -20 for takes, see if we can pull a hun.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #167,136
  • Sep 18, 2009 9:43am Sep 18, 2009 9:43am
Quoting msxy68
Gbp历来是非美见顶的风向标.

中线目标

eur第一步看14000

gbp第一步看16000

aud第一步看8000
hello.... I like the way you think.

GM, keep away from this one
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,137
  • Sep 18, 2009 9:44am Sep 18, 2009 9:44am
Well... My last trade of the day.
Riding this one up at 1.6277
Have a good weekend folks.
  • #167,138
  • Sep 18, 2009 9:45am Sep 18, 2009 9:45am
Quoting msxy68
Gbp历来是非美见顶的风向标.

中线目标

eur第一步看14000

gbp第一步看16000

aud第一步看8000
Translation?
Is this Queen Has by any chance?
Hear the music before the song is over ...
  • #167,139
  • Sep 18, 2009 9:46am Sep 18, 2009 9:46am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Imagine if someone starts shorting dollar now where would EU go???
it's touching 150. this is the second time in few months EU is very close to pound.

I am thinking if pound becomes equal to euro, UK will be competitive.
England is going down the drain.
Apart form printing money seems only option left for them is to become cheaper currency nation and compete with EU to provide better service, manufacturing to rest of the world.




Quoting GlobalMacro
yea...this is weird...
dow up 0.4%
cable is the worst performer even usdx is behaving...
  • #167,140
  • Sep 18, 2009 9:48am Sep 18, 2009 9:48am
Quoting wormboy
bro, one fire sneeze from our dragon I reckon we'll get our 147
Notwithstanding my bearishness on sterling, and the dragon in particular (though it's not a pair that I trade), there is an increasing danger of a sharp unwind of long JPY positions in the next week, albeit only on a short-term basis, probably more so against the greenback than sterling, though, judging by the daily charts.

Much of the recent strength in the yen has been the result of post-election optimism (in addition to favourable movements for JPY at the short-end of the yield curve compared to the USD), particularly the incoming finance minister's initial comments being so supportive of a stronger currency and the benefits it would bring in helping to re-balance the economy away from being one that is so export dependent.

However, yesterday he struck a far more neutral tone (see below quote), when asked his opinion of recent movements in the yen, slightly backing away from his earlier strong stance. This is a sublte but a telling difference nonetheless, and is certainly a noticeable change of rhetoric during his first few days in office.

“...to answer such a leading question would label me as a supporter of a strong yen.”
528 traders viewing now, 5 are registered:
CrazyTrades
,
Shijirbaatar
,
bolivarfx
,
makeme
,
ndtrunghieu