Cable Update (GBPUSD) | Page 9750 | 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)

  • #194,981
  • Jan 21, 2010 7:44am Jan 21, 2010 7:44am
Quoting EliteFX
Unemployment Claims out and ...

No movement ---
It did move, from 6125 to 6190 now
  • #194,982
  • Jan 21, 2010 7:49am Jan 21, 2010 7:49am
good opportunity of sell right now
  • #194,983
  • Jan 21, 2010 7:50am Jan 21, 2010 7:50am
Hi Ricardo,

Do you reckon that the retracement is over and we going back down....


Quoting Ricardotrade
good opportunity of sell right now
  • #194,984
  • Jan 21, 2010 7:58am Jan 21, 2010 7:58am
My observation on the market is following:

1- The US will keep the unemployment high or keep scrutinizing the unempoyment until the next presidential election in order to keep the democrats on check and for the Republicans to take over and claim victory over the democrats by increasing the employement rate right after the republicans win the next election (Its all about politics baby)

2- The current debt crisis is directly linked to countries and companies issuing structured finance bonds issuance. If governments do not issue bonds its much better off because they can always negotiate with bank over loans, on ther other hand, bonds there is no negotiation whats over. I think the mother of all crisis is because issance of long term Bonds...No country and No company should issue bonds to raise financing no matter how much the Goldman Sachs and Morgan Stanley or JP Morgan push for them....They make large amount fees by structuring bonds...BUT ON WHOSE EXPENSE

So, the current debt crisis can only be resolved once the long term debt is sorted out by the governments and companies, which means, these companies would have to seek short term loans to keep surviving and to pay off the long term debt, because there is no new revenue coming except with resources and asset rich countries...

This crisis will yet have to go a long way before we are back again to positive track...

The lesson learned.....Keep away from structured finance and especially bonds issuance
  • #194,985
  • Jan 21, 2010 8:00am Jan 21, 2010 8:00am
Quoting fxblinkers
Hi Ricardo,

Do you reckon that the retracement is over and we going back down....
Be careful, we still have coming news from US in 1 hour. If there will be a good news, the trend would down and vice versa.

Good luck guys
  • #194,986
  • Jan 21, 2010 8:06am Jan 21, 2010 8:06am
that is not really an observation of markets ... more like politics.

the reality is markets move in cycles. Has been for last 100 years and will be for next 100 years. The news just has to explain why the markets are moving in the cycle that they would be anyway , so they make stuff up like
'starbucks beat earnings'
'goldman sachs beat earnings'
'china tighten lending'

watch if dj goes down today , as it has been topping all week they will be blaming it on the unemployment numbers... fact is dj has been distributed fora week, maybe going into a sell cycle, even if only a small retrace.

Quoting Jassim
My observation on the market is following:

1- The US will keep the unemployment high or keep scrutinizing the unempoyment until the next presidential election in order to keep the democrats on check and for the Republicans to take over and claim victory over the democrats by increasing the employement rate right after the republicans win the next election (Its all about politics baby)

2- The current debt crisis is directly linked to countries and companies issuing structured finance bonds issuance. If governments do not issue bonds its much...
Blogging daily now at www.volume.zone
  • #194,987
  • Jan 21, 2010 8:09am Jan 21, 2010 8:09am
Quoting malcolmb14
that is not really an observation of markets ... more like politics.

the reality is markets move in cycles. Has been for last 100 years and will be for next 100 years. The news just has to explain why the markets are moving in the cycle that they would be anyway , so they make stuff up like
'starbucks beat earnings'
'goldman sachs beat earnings'
'china tighten lending'

watch if dj goes down today , as it has been topping all week they will be blaming it on the unemployment numbers... fact is dj has been distributed fora week, maybe going...
Hi Malcom,

If you ask me, I think Dj is gonna make a new high today....I am just playing the devil's advocate, no technical reasons behind it....I think Dj is yet to make a higher topping out...and todays rise in unemployment claim is giving one more chance for Dj to top out again.....
  • #194,988
  • Jan 21, 2010 8:15am Jan 21, 2010 8:15am
Quoting malcolmb14
that is not really an observation of markets ... more like politics.

the reality is markets move in cycles. Has been for last 100 years and will be for next 100 years. The news just has to explain why the markets are moving in the cycle that they would be anyway , so they make stuff up like
'starbucks beat earnings'
'goldman sachs beat earnings'
'china tighten lending'

watch if dj goes down today , as it has been topping all week they will be blaming it on the unemployment numbers... fact is dj has been distributed fora week, maybe going into...
Hey malcolm,
Whats your view as regards GBP/USD and GBP/YEN....short term.
  • #194,989
  • Jan 21, 2010 8:17am Jan 21, 2010 8:17am
Quoting malcolmb14
that is not really an observation of markets ... more like politics.

the reality is markets move in cycles. Has been for last 100 years and will be for next 100 years. The news just has to explain why the markets are moving in the cycle that they would be anyway , so they make stuff up like
'starbucks beat earnings'
'goldman sachs beat earnings'
'china tighten lending'

watch if dj goes down today , as it has been topping all week they will be blaming it on the unemployment numbers... fact is dj has been distributed fora week, maybe going...

hmmmz... thankz for the heads up... a simple way to look at it macroeconimically...
  • #194,990
  • Jan 21, 2010 8:19am Jan 21, 2010 8:19am
http://www.forexfactory.com/attachme...1&d=1264083229

i still see bullish in daily.. hoping its not close below 50% fibo today, and the trend will continue heading 1.67xx
Attached Image (click to enlarge)
Click to Enlarge Name: gudaily.gif Size: 14 KB
  • #194,991
  • Jan 21, 2010 8:29am Jan 21, 2010 8:29am
50% ret on cable 1 hr.. Hopefully coming down now....
  • #194,992
  • Jan 21, 2010 8:31am Jan 21, 2010 8:31am
it could retrace up enough to form head-shoulders on H4 .. and go down again

maybe up to 6255 which is 38.2% fibo
  • #194,993
  • Jan 21, 2010 8:33am Jan 21, 2010 8:33am
Hello Guys,

I will put a sell limit at: 1.6250 TP 1.6120 - SL 1.6300 Pips

The trend it is down so i am looking only for short.

Happy Trading
Trade only what i see
  • #194,994
  • Jan 21, 2010 8:41am Jan 21, 2010 8:41am
I am shorting GU at FIB61.8% 1.6230
  • #194,995
  • Jan 21, 2010 8:42am Jan 21, 2010 8:42am
I was in a short and lost 50 pips so I just closed and went long so any of you guys that just went short can be sure that its just about to drop because it usually does the opposite to what I think its gonna do.... Good luck to ye......... It's OK...ye can thank me later...lol........
  • #194,996
  • Jan 21, 2010 8:43am Jan 21, 2010 8:43am
Quoting martinipips
Hey malcolm,
Whats your view as regards GBP/USD and GBP/YEN....short term.

seems 15 min in up trend ... could test 1.6250 area

markets up based on GS earnings or something ... surprise the biggest crocks of all time made money. Simple to do when you persuade senate to let your competitors fail and bail you out even though you really do not need bail out.

http://www.marketwatch.com/story//go...mps-2010-01-21

note they changed accounting from Nov end to dec end ... missed Dec all together aka the orphan month where all the losses were stuffed. They could have lost billions stuffed it into the orphan month and investors would have been none the wiser
Blogging daily now at www.volume.zone
  • #194,997
  • Jan 21, 2010 8:43am Jan 21, 2010 8:43am
Triggered my sell limit at 6220. Targeting 6060 based on fibo
  • #194,998
  • Jan 21, 2010 8:45am Jan 21, 2010 8:45am
Quoting fxblinkers
I was in a short and lost 50 pips so I just closed and went long so any of you guys that just went short can be sure that its just about to drop because it usually does the opposite to what I think its gonna do.... Good luck to ye......... It's OK...ye can thank me later...lol........
lol

happens to me a lot

please, go long now so the opposite would happen and we can sell
  • #194,999
  • Jan 21, 2010 8:51am Jan 21, 2010 8:51am
News coming in a few mins anything could happen. Hopefully good for the dollar so the pound keeps sinking.
  • #195,000
  • Jan 21, 2010 8:53am Jan 21, 2010 8:53am
Quoting malcolmb14
seems 15 min in up trend ... could test 1.6250 area

markets up based on GS earnings or something ... surprise the biggest crocks of all time made money. Simple to do when you persuade senate to let your competitors fail and bail you out even though you really do not need bail out.

http://www.marketwatch.com/story//go...mps-2010-01-21

note they changed accounting from Nov end to dec end ... missed Dec all together aka the orphan month where all the losses were stuffed. They could have lost billions...
thanx.
455 traders viewing now, 3 are registered:
,
Shijirbaatar
,
bolivarfx