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Cable Update (GBPUSD)

  • #177,981
  • Oct 21, 2009 3:45am Oct 21, 2009 3:45am

1 of 1

BOE MINS: MPC Vote 9-0 To Keep Stg175bn QE; Differ On Risks
--BOE MPC Views Differed on Medim-Term Inflation Risks
--BOE MPC Voted Unanimously in Oct to Maintain Bank Rate at 0.5%
--BOE MPC Agreed No Compelling Case to Change Level of QE
--BOE MPC: Nov Forecast Round Chance to Asses Inflation Outlook
--BOE MPC: Inflation to Stay Volatile; Pick Up in Near Term
--BOE MPC: Medium Term Inflation Not Impacted By Near Term Rise
--BOE MPC: Grounds for Greater Optimism Over Global Recovery
------------------------------------------------------------------------
Developments over the past month have been "generally positive" and
there is greater confidence that a global recovery is taking place MPC
members agreed in deciding to stick with the current stg175 billion of
Quantitative easing at their Oct meeting. The minutes revealed however
that MPC members were divided over the risks to medium term inflation
and said the upcoming Nov forecast round would be a chance to reassess.

10/21/2009 4:30:59 AM

BOE MINS
MPC Vote 9-0 To Keep Stg175bn QE; Differ...
  • #177,982
  • Oct 21, 2009 3:46am Oct 21, 2009 3:46am
Quoting Bull_Bear
Good short I added another at 1.6530 on the spike
good work BB and good luck - I'll only add more shorts if we get a candle formation at the close of the next 4 hour (in 3 hours and 15 mins time)
May the forex be with you |
  • #177,983
  • Oct 21, 2009 3:48am Oct 21, 2009 3:48am
Quoting Bull_Bear
Good short I added another at 1.6530 on the spike
Really i envy u.... Still watching..
  • #177,984
  • Oct 21, 2009 3:52am Oct 21, 2009 3:52am
Quoting FXFundi
good work BB and good luck - I'll only add more shorts if we get a candle formation at the close of the next 4 hour (in 3 hours and 15 mins time)
Cool !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #177,985
  • Oct 21, 2009 3:52am Oct 21, 2009 3:52am
Quoting Bull_Bear
Good short I added another at 1.6530 on the spike
where ur stop??

got resistance at 16665 on daily, cable should struggle there
Trading is 80% Emotional, 20% Technical
  • #177,986
  • Oct 21, 2009 3:54am Oct 21, 2009 3:54am
Quoting fx local
where ur stop??

got resistance at 16665 on daily, cable should struggle there
Simple, daily fibs on 1.6540.. His Trend is short, aiming a retracement on fibs. He is picking his top..
  • #177,987
  • Oct 21, 2009 3:58am Oct 21, 2009 3:58am
Quoting mloistianto
Simple, daily fibs on 1.6540.. His Trend is short, aiming a retracement on fibs. He is picking his top..
generally not good strategy!!!
Trading is 80% Emotional, 20% Technical
  • #177,988
  • Oct 21, 2009 3:59am Oct 21, 2009 3:59am
ABC
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  • #177,989
  • Oct 21, 2009 4:01am Oct 21, 2009 4:01am
Quoting fx local
generally not good strategy!!!
Umm..Btw, its my guess LOL. dont take it personally. U have to ask himself.. Maybe he has another secret plan..
  • #177,990
  • Oct 21, 2009 4:01am Oct 21, 2009 4:01am
Quoting egkid
ABC
i did tell u 1.67..

my euro baby might rum into an issue here
will need to review target once i know what PA telling meh
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  • #177,991
  • Oct 21, 2009 4:03am Oct 21, 2009 4:03am
Quoting mloistianto
well.. I'm out.. LOL... -100 pips just like that... Good bye Timbuktu, Good Bye paris..

Phew just after i'm out @ 1.6424 this girl flying high to 1.6540 in no time.. SHE is meann..
I did not take ~40 pip profit, and then got lost 100 pip,
Dancing with Candlesticks
  • #177,992
  • Oct 21, 2009 4:04am Oct 21, 2009 4:04am
Quoting Bull_Bear
Good short I added another at 1.6530 on the spike
Hi bro, are u moving your SL or what? I'm planning to go short, but i dont think now is a good time to short.. I just want to know your based. A spike after the MPC, daily resistance? I just dont get it.
  • #177,993
  • Oct 21, 2009 4:05am Oct 21, 2009 4:05am
Quoting Bull_Bear
Good short I added another at 1.6530 on the spike

Still puzzled why so many are shorting, where are the charts to support this now at this level? I give up with this thread at times.....

Its more of a 'chat' and 'shout' thread not a trading thread with alot of good information.

The posts with charts are 'helpfull' the rest seems to be just 'chaff' sori but thats my view, if you can post a chart and an opinion fine even better with a strategy, you know who you 'good boys' are......
  • #177,994
  • Oct 21, 2009 4:06am Oct 21, 2009 4:06am
Quoting iForex
I did not take ~40 pip profit, and then got lost 100 pip,
Come on cheer up mate. Let us reschedule our flight plan to paris. Its just another lose. even pros do lose. lets hunt this thing down once again, shall we?
  • #177,995
  • Oct 21, 2009 4:08am Oct 21, 2009 4:08am
Quoting Marj
Still puzzled why so many are shorting, where are the charts to support this now at this level? I give up with this thread at times.....

Its more of a 'chat' and 'shout' thread not a trading thread with alot of good information.

The posts with charts are 'helpfull' the rest seems to be just 'chaff' sori but thats my view, if you can post a chart and an opinion fine even better with a strategy, you know who you 'good boys' are......
Umm. I dont think u should say that to him. I believe he knows what is he doing. He proved that in past times.
  • #177,996
  • Oct 21, 2009 4:09am Oct 21, 2009 4:09am
Quoting nAVIN2007
i did tell u 1.67..

my euro baby might rum into an issue here
will need to review target once i know what PA telling meh
This was my big lose in 2 yearsbut it' so ok MM
USA do it WANT!! But We are really going to Disaster

Sarkozy’s counselor, said today that the U.S. is “flooding the world” with dollars and that the currency’s weakness may become “unbearable.” An exchange rate of $1.50 per euro “is a disaster for the European economy and manufacturing sector,” told a conference in..
  • #177,997
  • Oct 21, 2009 4:11am Oct 21, 2009 4:11am
Quoting mloistianto
Hi bro, are u moving your SL or what? I'm planning to go short, but i dont think now is a good time to short.. I just want to know your based. A spike after the MPC, daily resistance? I just dont get it.
Are you a serious joker or what do you place you trades based on other traders....Why you stressing him for take you own trades....check all your posts ............

BB uses very Good mm and if he takes a trade it is for himself not for you or anyone else....
Let Price determine your future!
  • #177,998
  • Oct 21, 2009 4:11am Oct 21, 2009 4:11am
Quoting Spanishfly
Auslanco is going for 1.6600 http://forexforums.dailyfx.com/blogs/auslanco/

Great traders are created, not born auslanco's prediction on OCT 5th
  • #177,999
  • Oct 21, 2009 4:12am Oct 21, 2009 4:12am
is there a doctor in the house?
Thank You
  • #178,000
  • Oct 21, 2009 4:16am Oct 21, 2009 4:16am
Guys I will be the first to admit that this is way over my head. On the sidelines for now patiently waiting for things to calm down before deciding on what to trade. Currently scalping the EU range but GU is just too scary for me at the moment. GL all.
You've got to be IN IT to WIN IT!
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