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Cable Update (GBPUSD)

  • #336,161
  • Feb 22, 2013 4:21am Feb 22, 2013 4:21am
Quoting Nick35
long !!


tp 1560
  • #336,162
  • Feb 22, 2013 4:47am Feb 22, 2013 4:47am
its looking shaky for the longs. Not much follow through on yesterday. Current price levels important
  • #336,163
  • Feb 22, 2013 5:23am Feb 22, 2013 5:23am
Now i think you can clearly see potentail of the $,and the impact on cable


Quoting Bones
monthly $
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx d1 monthly 22-2-13.gif Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #336,164
  • Feb 22, 2013 5:45am Feb 22, 2013 5:45am
Deary me ,haha


Quoting Bones
Monthly =no way back
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 22-2-13.png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #336,165
  • Feb 22, 2013 5:47am Feb 22, 2013 5:47am
Warning

dont

try predicting at home :-)
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #336,166
  • Feb 22, 2013 5:50am Feb 22, 2013 5:50am
Quoting Bones
Deary me ,haha
opss
buy bad news !!!!
like EURO 6 MONTH AGO......
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  • #336,167
  • Feb 22, 2013 5:54am Feb 22, 2013 5:54am
Quoting Bones
Warning

dont

try predicting at home :-)
...just keep pounding those nails brother. Sooner or later the house will be built!
Ghost Rider - WWTBMD?
  • #336,168
  • Feb 22, 2013 6:15am Feb 22, 2013 6:15am
Just watching the news here in the UK.

Fuel at the pumps touching record highs now. The presenter mentioned the weakness in the GBP/USD exchange rate and the fact oil is priced in Dollars. Then went on to say speculators have pushed the GBP/USD exchange rate down, only to push it back up again to profit.

Never even mentioned the UK fundamentals once and the exchange rate might reflect them.

Journalism today.
  • #336,169
  • Feb 22, 2013 6:19am Feb 22, 2013 6:19am
I would be happy to take anyones money, who is about to long the cable =)
  • #336,170
  • Feb 22, 2013 6:22am Feb 22, 2013 6:22am
4 TH TIME I TRY A GOOD LONG FOR A LONG RUN
TOTAL PROFIT 4 PIPS
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  • #336,171
  • Feb 22, 2013 6:25am Feb 22, 2013 6:25am
there is no upside for gbp/usd
not today

I would wait for Bernanke speech on Tuesday before taking a long GBP/USD position.
  • #336,172
  • Feb 22, 2013 6:27am Feb 22, 2013 6:27am
Quoting openyoureyes
there is no upside for gbp/usd
not today

I would wait for Bernanke speech on Tuesday before taking a long GBP/USD position.
If you are able to take a trade during that kind of speaching, your are the best trader of the world !!!!
  • #336,173
  • Feb 22, 2013 6:30am Feb 22, 2013 6:30am
if you are taking a long position in a ranging market you are not an investor but a gambler/better

I said "wait for the speech" not "take position during the speech", read again
  • #336,174
  • Feb 22, 2013 6:31am Feb 22, 2013 6:31am
Quoting openyoureyes
if you are taking a long position in a ranging market you are not an investor but a gambler/better

I said "wait for the speech" not "take position during the speech", read again


  • #336,175
  • Feb 22, 2013 6:33am Feb 22, 2013 6:33am
Quoting openyoureyes
if you are taking a long position in a ranging market you are not an investor but a gambler/better

I said "wait for the speech" not "take position during the speech", read again
my friend after speech is too late...
but this my modest opinion

if we stay above 1,5267 we have a good chance to take a huge rebound
  • #336,176
  • Feb 22, 2013 6:33am Feb 22, 2013 6:33am
Quoting openyoureyes
if you are taking a long position in a ranging market you are not an investor but a gambler/better

I said "wait for the speech" not "take position during the speech", read again
Yep! So far so good as a retracement "gamble"... +72 so far...
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Ghost Rider - WWTBMD?
  • #336,177
  • Feb 22, 2013 6:34am Feb 22, 2013 6:34am
Quote
Nick35| Feb 19, 2013
cable = sheet !!!!! trade short only !!!!



what has changed in 3 days, that you are long now ?
  • #336,178
  • Feb 22, 2013 6:37am Feb 22, 2013 6:37am
where is you reversal sign ?

there is none, you are a pure gambler

no fundamental, no technical, no price level sign

I don't care about the market sentiment, GBP/USD is indeed still bearish.
  • #336,179
  • Feb 22, 2013 6:39am Feb 22, 2013 6:39am
daily fibo just reach expansion 261.8....thats why he LONG
  • #336,180
  • Feb 22, 2013 6:39am Feb 22, 2013 6:39am
Quoting albchr
Yep! So far so good as a retracement "gamble"... +72 so far...
I hope that you would still be cheerful after seeing red
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