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Cable Update (GBPUSD)

  • #285,781
  • Aug 5, 2011 7:11am Aug 5, 2011 7:11am
Quoting bbmac
Right hand side number is the previous month, left hand side the forecast:
http://i56.tinypic.com/34sm0q1.jpg

Should volatility result from U.s NFP release (I favour a high number well above the forecast with an upside revision to last month, good +'ve no's in component private and manuf jobs and decrease in un-emp rate -or- a lo number well below the forecast with a downside revision to last month, bad -'ve no's in component private and manuf jobs and increase in un-emp rate) for greatest chance of a big reaction either...
Fasten your seatbelt and good luck.
Don't get mad, get even!
  • #285,782
  • Aug 5, 2011 7:11am Aug 5, 2011 7:11am
Could see some big volatility hit the market if this NFP number and associated components are extremely good -or- bad.

G/L
ex member
  • #285,783
  • Aug 5, 2011 7:15am Aug 5, 2011 7:15am
Will it be:
Inserted Video


Or
Inserted Video

???
G/L
ex member
  • #285,784
  • Aug 5, 2011 7:20am Aug 5, 2011 7:20am
market positioned itself to go down, but also in a place to reverse..damnit!!

surelly this mofo cant go back up after yesterdays candle..but we are in crazy times
  • #285,785
  • Aug 5, 2011 7:35am Aug 5, 2011 7:35am
how did USD produce these figures..lol
  • #285,786
  • Aug 5, 2011 7:43am Aug 5, 2011 7:43am
this marlket at least undecided by those numbers - so far ? No trades here yet...will give it till 2pm London.

G/L
ex member
  • #285,787
  • Aug 5, 2011 7:44am Aug 5, 2011 7:44am
Quoting nAVIN2007
how did USD produce these figures..lol
M A G I C
Hear the music before the song is over ...
  • #285,788
  • Aug 5, 2011 7:45am Aug 5, 2011 7:45am
Quoting bbmac
this marlket at least undecided by those numbers - so far ? No trades here yet...will give it till 2pm London.

G/L

they in shock..
  • #285,789
  • Aug 5, 2011 7:45am Aug 5, 2011 7:45am
Quoting GlobalMacro
M A G I C
bro? u short?
  • #285,790
  • Aug 5, 2011 7:47am Aug 5, 2011 7:47am
from a technical stand point if USD cannot recover from here..it never will
  • #285,791
  • Aug 5, 2011 7:51am Aug 5, 2011 7:51am
Quoting nAVIN2007
bro? u short?
not anymore...u in any trades bro?
Hear the music before the song is over ...
  • #285,792
  • Aug 5, 2011 7:54am Aug 5, 2011 7:54am
Quoting GlobalMacro
not anymore...u in any trades bro?
pray for meh
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 110 KB
  • #285,793
  • Aug 5, 2011 7:54am Aug 5, 2011 7:54am
GU you should going down now Baby
  • #285,794
  • Aug 5, 2011 7:55am Aug 5, 2011 7:55am
anyways, have a good w/e all, done here for session/day/week.

G/L
ex member
  • #285,795
  • Aug 5, 2011 7:57am Aug 5, 2011 7:57am
Quoting bbmac
anyways, have a good w/e all, done here for session/day/week.

G/L
have a good weekend bro!
  • #285,796
  • Aug 5, 2011 8:00am Aug 5, 2011 8:00am
Quoting nAVIN2007
pray for meh
I will bro....but looking pretty good for you so far,ey...
Hear the music before the song is over ...
  • #285,797
  • Aug 5, 2011 8:02am Aug 5, 2011 8:02am
Quoting nAVIN2007
from a technical stand point if USD cannot recover from here..it never will
May explain more details bro,Would be interested to learn more from your poin of view
  • #285,798
  • Aug 5, 2011 8:08am Aug 5, 2011 8:08am
Quoting TrendTraders
May explain more details bro,Would be interested to learn more from your poin of view
monthly chart..the top is resistance
weekly chart we are below the ascending trendline
dailly yesterday bearish big time and USD has better figures and yesterday was bullish day

so from a technical stand point..if it doesnt go down..DAMN is all i can say

but this is forex so i still not sure as this is taking its time
  • #285,799
  • Aug 5, 2011 8:13am Aug 5, 2011 8:13am
Quoting nAVIN2007
monthly chart..the top is resistance
weekly chart we are below the ascending trendline
dailly yesterday bearish big time and USD has better figures and yesterday was bullish day

so from a technical stand point..if it doesnt go down..DAMN is all i can say

but this is forex so i still not sure as this is taking its time
Same here,I short GU from 1.6345
Personally I think IF the support 1.6220 (The last Defender) breaking Then we will see a Big Crash on here

But as you said this is forex,anything can be happen
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 42 KB
  • #285,800
  • Aug 5, 2011 8:19am Aug 5, 2011 8:19am
Quoting TrendTraders
Same here,I short GU from 1.6345
Personally I think IF the support 1.6220 (The last Defender) breaking Then we will see a Big Crash on here

But as you said this is forex,anything can be happen

all we can do now is
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