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Cable Update (GBPUSD)

  • #294,621
  • Dec 13, 2011 7:59am Dec 13, 2011 7:59am
Quoting PoundTrader
market waiting for FOMC Statement
when is that?
  • #294,622
  • Dec 13, 2011 8:03am Dec 13, 2011 8:03am
the rumour is Bernanke will put on a white beard and drive around the US giving out free Xmas presents to everyone

I heard it on FX street
  • #294,623
  • Dec 13, 2011 8:11am Dec 13, 2011 8:11am
chart update , ok & just killing some time , specially the signal pair used audusd .Hope doing well .no much spikes though here with as likely all times with any support /suspecion . audusd side breaks 1.0108 bo with confirmation breaks 1.0070 & next 1.0048 & hold for full blown bear momentum .
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,624
  • Dec 13, 2011 8:14am Dec 13, 2011 8:14am
Quoting chazzle
I'm going shlong
Hero calls followed by margin calls...
  • #294,625
  • Dec 13, 2011 8:30am Dec 13, 2011 8:30am
Quoting TP Hunter
Our Trade is in +46 pips profit . I breakeven & wait for my 110 pip TP.

Attachment
Exited at BE after 29 hours of a roller coaster ride .
Trade Safe, Live Like a King.
  • #294,626
  • Dec 13, 2011 8:39am Dec 13, 2011 8:39am
Quoting chazzle
the rumour is Bernanke will put on a white beard and drive around the US giving out free Xmas presents to everyone

I heard it on FX street

reliable then
  • #294,627
  • Dec 13, 2011 8:40am Dec 13, 2011 8:40am
Quoting gsantri
US futures has turned green as well.
couldn't stand.. bought at 5570 sl 5553.

btw..

MADRID (MarketWatch) -- The Spanish Treasury sold €4.94 billion ($6.51 billion) of 12- and 18-month paper on Tuesday, more than it had originally intended and with yields down from similar sales in the prior month. The Treasury had originally intended to raise €3.25 billion to €4.25 billion. For the 12-month auction, it sold €3.44 billion at an average rate of 4.05%, down from 5.02% in November. The bid-to-cover ratio was 3.14 times, up from 2.13 in November. An auction of €1.5 billion of 18-month notes produced an average yield of 4.2%, down from 5.2% in November. The auction was covered 4.97 times, which was down from 5.96 times in the prior sale.

..do I smell the Fed's money here ..
  • #294,628
  • Dec 13, 2011 8:53am Dec 13, 2011 8:53am
Quoting gsantri
FTSE and european stocks turned green so far.

am still flat in cable but sold gbpaud since 1.5500 and bought crude at 97.70
hopefully no bad news coming. 3 hours to US data.

.
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  • #294,629
  • Dec 13, 2011 9:45am Dec 13, 2011 9:45am
Quoting gsantri
couldn't stand.. bought at 5570 sl 5553.
stopped out at BE.

closed all positions and done for the day. FOMC will be too late for me.
no trading tomorrow got to do something else.

See y'all next thursday.


Edit: WTH happen with the market..
  • #294,630
  • Dec 13, 2011 9:55am Dec 13, 2011 9:55am
Quoting gsantri
stopped out at BE.

closed all positions and done for the day. FOMC will be too late for me.
no trading tomorrow got to do something else.

See y'all next thursday.


Edit: WTH happen with the market..

its the euro its screwed..or these people are looking for an opportunity cable is being strong but it cant with stand euro failure
  • #294,631
  • Dec 13, 2011 10:01am Dec 13, 2011 10:01am
cable target 1.5490/1.5480
  • #294,632
  • Dec 13, 2011 10:07am Dec 13, 2011 10:07am
Quoting nAVIN2007
its the euro its screwed..or these people are looking for an opportunity cable is being strong but it cant with stand euro failure
yeah Angela Merkel has rejected raising the €500B upper limit on the permanent bailout fund..

so what the summit purpose in the first place ? waste of time and money.. all clowns..

or maybe she disappointed by cameroon lol..
  • #294,633
  • Dec 13, 2011 10:12am Dec 13, 2011 10:12am
Quoting gsantri
yeah Angela Merkel has rejected raising the €500B upper limit on the permanent bailout fund..

so what the summit purpose in the first place ? waste of time and money.. all clowns..

or maybe she disappointed by cameroon lol..

she needs a slap..lol
  • #294,634
  • Dec 13, 2011 10:15am Dec 13, 2011 10:15am
well played , reached 5530-5500 range & spike specialist gu do some spike at this to add short again for next level 5474 & breaks .au signal pair now ready for pullback enough again .5568-85 to start myself .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,635
  • Dec 13, 2011 10:25am Dec 13, 2011 10:25am
Quoting nAVIN2007
she needs a slap..lol
lol..

well there always 2 side impact of the news, like my oil trade earlier was pushed by 'iran closes the strait of hormuz'.
and if I was shorting EU GU then I would say pls don't slap her
  • #294,636
  • Dec 13, 2011 10:28am Dec 13, 2011 10:28am
Quoting nAVIN2007
she needs a slap..lol
  • #294,637
  • Dec 13, 2011 10:31am Dec 13, 2011 10:31am
damn im sitting on the sideline thru all of this, next week il get'em
  • #294,638
  • Dec 13, 2011 10:40am Dec 13, 2011 10:40am
Quoting PoundTrader
damn im sitting on the sideline thru all of this, next week il get'em
ok , you do not see any movement considerable or understandable or within expectation or probabilites so far !! then better rest & enjoy with family members .best wishes .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,639
  • Dec 13, 2011 10:57am Dec 13, 2011 10:57am
Quoting fontu
ok , you do not see any movement considerable or understandable or within expectation or probabilites so far !! then better rest & enjoy with family members .best wishes .
fontu
i see a lot, this the season to be jolly, just one of those weeks where i take a break to be jolly
  • #294,640
  • Dec 13, 2011 11:15am Dec 13, 2011 11:15am
Quoting PoundTrader
i see a lot, this the season to be jolly, just one of those weeks where i take a break to be jolly
That's great I like it . volalities does not mean to jump all the time , some rest time & off times need for life at the same time .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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