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Cable Update (GBPUSD)

  • #234,501
  • Jun 29, 2010 9:29am Jun 29, 2010 9:29am
No GDP in the UK this week:

http://news.bbc.co.uk/1/hi/business/10450518.stm

Take note, now 12th July. Would be quite a coup if they find that the last government had hoodwinked us, now that would never happen now would it?
  • #234,502
  • Jun 29, 2010 9:33am Jun 29, 2010 9:33am
Quoting cloggie
No GDP in the UK this week:

http://news.bbc.co.uk/1/hi/business/10450518.stm

Take note, now 12th July. Would be quiet a coup if they find that the last government had hoodwinked us, now that would never happen now would it?
That's a bit suspicious I'd say...
  • #234,503
  • Jun 29, 2010 9:34am Jun 29, 2010 9:34am
Quoting kill56
true on 20's but i think we might see the 960's sooner than u think
hi!
After touching key support level 1.4260 the pair is trading along the “E-E+” downtrend. That support level may become the endpoint of current downtrend, and even the starting point of an uptrend if the market rises above level 1.5450.

Upon rising above level 1.5450, an uptrend will be developed with the upside target set at key resistance level 1.6900, from where a correction to support 1.5450 will be possible. Next, if the pair goes on above resistance 1.6900, the upside momentum will go stronger and the pair will head to resistance level 1.8530

and What? We go to 1.54**? and after?
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  • #234,504
  • Jun 29, 2010 9:36am Jun 29, 2010 9:36am
Really like a yo-yo today...
Don't be emo... don't be emo....
  • #234,505
  • Jun 29, 2010 9:36am Jun 29, 2010 9:36am
Quoting malcolmb14
es is s and p e minis ... $50 per point per contract

dxd is bear exchange traded fund on dj .. like a stock but it goes up when market tanks. currently 30 target 40 , august 32 calls have made 50 % today.

faz is 3 x bear etf on banks and trading options on it is like trading fx ... very volatile with 100 % plus gains per day possible. if ot goes to $20 my options trade has made 300 % in 2 weeks
Thanks Malcolm, sounds like they're doing OK... Just looked up dxd and faz on Google.
Gone to a better place
  • #234,506
  • Jun 29, 2010 9:37am Jun 29, 2010 9:37am
Quoting mihazupan1
That's a bit suspicious I'd say...
how else they gonna get gu to 1.5250 ..... bet gdp was crap
Blogging daily now at www.volume.zone
  • #234,507
  • Jun 29, 2010 9:41am Jun 29, 2010 9:41am
Quoting malcolmb14
how else they gonna get gu to 1.5250 ..... bet gdp was crap

Kinda handy, delay the GDP till after the next Gilt auction, one on Thursday and one on Tuesday.
  • #234,508
  • Jun 29, 2010 9:43am Jun 29, 2010 9:43am
Quoting Privet
hi!
[i]After touching key support level 1.4260 the pair is trading along the “E-E+” downtrend. That support level may become the endpoint of current downtrend, and even the starting point of an uptrend if the market rises above level 1.5450.

Upon rising above level 1.5450, an uptrend will be developed with the upside target set at key resistance level 1.6900, from where a correction to support 1.5450 will be possible. Next, if the pair goes on above resistance 1.6900, the upside momentum will go stronger and the pair will head to resistance...
queen how are u

dont care if it gos to 190000 i will enjoy the ride up or down but i think 15300's might cap the move up and we will see a retrace a big one i might be wrong

keep an eye on dow and s&p if we break 1000 cable in deep shoot
  • #234,509
  • Jun 29, 2010 9:48am Jun 29, 2010 9:48am
Quoting smikester
Thanks Malcolm, sounds like they're doing OK... Just looked up dxd and faz on Google.
Looked up "Fakin Frankie" the other day ..was fighting allsorts for hours... meanwhile lost a little trade. Think simple is best.
All systems of divination, like music itself,work through patterns.
  • #234,510
  • Jun 29, 2010 9:50am Jun 29, 2010 9:50am
Quoting cloggie
Kinda handy, delay the GDP till after the next Gilt auction, one on Thursday and one on Tuesday.

cover up or
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  • #234,511
  • Jun 29, 2010 9:57am Jun 29, 2010 9:57am
Quoting kaspopsicle
Looked up "Fakin Frankie" the other day ..was fighting allsorts for hours... meanwhile lost a little trade. Think simple is best.
frankie fakes outs is one of the very best and simplest ways to make money ....the homework would have been worth it in the long run .

there was another classic last night where Frankie took gu up into the 1st 15 min of London nice little and very obvious retrace , play the retrace and the real trade 15 min into London. When you know what to expect it is simple.
Blogging daily now at www.volume.zone
  • #234,512
  • Jun 29, 2010 9:59am Jun 29, 2010 9:59am
Quoting kill56
cover up or

look more deeply !
Attached Image
  • #234,513
  • Jun 29, 2010 10:04am Jun 29, 2010 10:04am
Quoting Privet
look more deeply !
dammmmmmmmmmmmmmmmmmooooooooooooo

lol i see the light
  • #234,514
  • Jun 29, 2010 10:07am Jun 29, 2010 10:07am
Quoting Privet
look more deeply !


the game on yen is doing well
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  • #234,515
  • Jun 29, 2010 10:10am Jun 29, 2010 10:10am
Quoting Privet
look more deeply !
this was put around my slow netwok(not a mispell)B4 Lion posted it last week.R U copying people?
All systems of divination, like music itself,work through patterns.
  • #234,516
  • Jun 29, 2010 10:14am Jun 29, 2010 10:14am
Hahaha you have to stop posting those photos. First Privet with that fish and then the conspiracy cat. Can't stop laughing
  • #234,517
  • Jun 29, 2010 10:17am Jun 29, 2010 10:17am
Quoting mihazupan1
Hahaha you have to stop posting those photos. First Privet with that fish and then the conspiracy cat. Can't stop laughing
thank you. thank you. thank you.

ok I'm calm down
  • #234,518
  • Jun 29, 2010 10:18am Jun 29, 2010 10:18am
Quoting kaspopsicle
this was put around my slow netwok(not a mispell)B4 Lion posted it last week.R U copying people?
yes. it's copy. why not?
  • #234,519
  • Jun 29, 2010 10:28am Jun 29, 2010 10:28am
Quoting Privet
yes. it's copy. why not?
The whatever Gnome that seperates us from animals is the ability to think for ourselves.I think that Kill is good ,simple.accurate and innovative, not to mention GOOD HUMOURED in his postings . .
All systems of divination, like music itself,work through patterns.
  • #234,520
  • Jun 29, 2010 10:31am Jun 29, 2010 10:31am
Quoting cloggie
I am with Wormy on this, no matter what you use for your favourite support there isn't a lot out there indicating anything else but up for now. I am not going to make any predictions here about where this goes from here, but unless we see a solid move below either the support or the channel I am still seeing this as a continuance.

I like the argument though that as we have had a solid bull move for 3 weeks, it is bout to reverse here.

Look at your supports, every retrace was bought into, what makes you think this one is different?

Of course...
Cloggie,

Here you go.. here is you long term short setup... Bear flag... top of channel is also bottom of tunnel.

http://www.forexfactory.com/showpost...stcount=234374
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