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Cable Update (GBPUSD)

  • #206,981
  • Mar 17, 2010 12:17pm Mar 17, 2010 12:17pm
well, if the fib is anything to go by we are looking at 5380
@pawpaw1000 on Twitter
  • #206,982
  • Mar 17, 2010 12:17pm Mar 17, 2010 12:17pm
Quoting bbakker
At least. We are in an uptrend and today's retrace is well and truely over. I am confident it will break it, but how far will it go, that is the question. See other's posts for the predictions. Decisions, decisions, decisions.
I forgot.... Bernanke can ruin the party in 45 mins
  • #206,983
  • Mar 17, 2010 12:21pm Mar 17, 2010 12:21pm
that was quick 21 pip
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  • #206,984
  • Mar 17, 2010 12:21pm Mar 17, 2010 12:21pm
Quoting PipSqueeze
Dangerously close to today's high with Bernanke speaking soon. Could be a time to short?
Or cover if you're already long, decisions, decisions, decisions
  • #206,985
  • Mar 17, 2010 12:24pm Mar 17, 2010 12:24pm
thank you, well... I would like to close it before Bernanke speech, I set target to 5375
  • #206,986
  • Mar 17, 2010 12:24pm Mar 17, 2010 12:24pm
Quoting bbakker
I forgot.... Bernanke can ruin the party in 45 mins
well, he could actually start the real party! the party of the bears!

wondering whether I should trade old bernankes speech...
@pawpaw1000 on Twitter
  • #206,987
  • Mar 17, 2010 12:25pm Mar 17, 2010 12:25pm
Feel so lucky today and hopefully tomorrow she will open above 1.5390

http://www.forexfactory.com/showpost...stcount=206928
Pride of opinion is a characteristic of losing traders
  • #206,988
  • Mar 17, 2010 12:26pm Mar 17, 2010 12:26pm
i'll risk it and let my long open for the time being... protected at around 5330 for 0,7% - but more is possible, why shouldnt we take a journey to 5400...

edit -> and i'm afk for the next time, trading well makes hungry
  • #206,989
  • Mar 17, 2010 12:28pm Mar 17, 2010 12:28pm
Quoting Tsar
I got BEARISH Sign at Price 1.5380 in H4

Good Luck for You
I move the SL at 1.5320 and watching what happen at the time Bernanke speaks, expecting hit 1.5450 target !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #206,990
  • Mar 17, 2010 12:32pm Mar 17, 2010 12:32pm
what do you think will be the result of bernankes speech???

I reckon he will sugarcoat it for us causing a drop in Cable, maybe 30 - 50 pips??
@pawpaw1000 on Twitter
  • #206,991
  • Mar 17, 2010 12:32pm Mar 17, 2010 12:32pm
Quoting bbakker
I forgot.... Bernanke can ruin the party in 45 mins

i am waiting for his azz to show up we need some action man
  • #206,992
  • Mar 17, 2010 12:36pm Mar 17, 2010 12:36pm
lets see
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  • #206,993
  • Mar 17, 2010 12:40pm Mar 17, 2010 12:40pm
Quoting pawpaw1000
what do you think will be the result of bernankes speech???

I reckon he will sugarcoat it for us causing a drop in Cable, maybe 30 - 50 pips??
I hope a quick jump up untill 1.5424/50 and spike there to be reversed down !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #206,994
  • Mar 17, 2010 12:42pm Mar 17, 2010 12:42pm
GU heading for 1.5380 right before news imo then SLAM!!
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  • #206,995
  • Mar 17, 2010 12:45pm Mar 17, 2010 12:45pm
tightened my trailing to 20pips if there should be a spike up... but i guess, nothing much will happen
  • #206,996
  • Mar 17, 2010 12:46pm Mar 17, 2010 12:46pm
Quoting Mathias83
tightened my trailing to 20pips if there should be a spike up... but i guess, nothing much will happen
Not much experience of Bernanke's speeches either, I'd love it to spike up but gut and common sense says down.
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  • #206,997
  • Mar 17, 2010 12:49pm Mar 17, 2010 12:49pm
Quoting PipSqueeze
Not much experience of Bernanke's speeches either, I'd love it to spike up but gut and common sense says down.
bernanke has got to say things are looking better and moving forward as it was the fed who bailed out all these banks and they said it would do this and that so he is really gonna sugar coat this.

that said, THE USA IS NOT GONNA LAST ANOTHER 10 YEARS without a HUGE recession/ DEPRESSION!

check peter schiff on youtube
@pawpaw1000 on Twitter
  • #206,998
  • Mar 17, 2010 12:49pm Mar 17, 2010 12:49pm
Quoting PipSqueeze
Not much experience of Bernanke's speeches either, I'd love it to spike up but gut and common sense says down.
well, i doubt that his rethoric will be more hawkish on the dollar, the states couldnt afford it

ah, whatever, 1% for today is a good day
  • #206,999
  • Mar 17, 2010 12:50pm Mar 17, 2010 12:50pm
Quoting kill56
lets see
Never has a truer cartoon been seen.

Today:
Bernanke Will Tell Congress Bank Oversight Aids Monetary Policy

http://www.bloomberg.com/apps/news?p...cdjSjlVg&pos=7
  • #207,000
  • Mar 17, 2010 12:53pm Mar 17, 2010 12:53pm
ARGH broker has frozen and can't get a connection!
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