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Cable Update (GBPUSD)

  • #380,421
  • Jun 5, 2014 4:23am Jun 5, 2014 4:23am
Quoting DerekTrotter
{quote} thanks hombre says it all .. and if u had met here indoors u would see the likeness for sure even from that angle..
You can see we've been here before. I've had that picture for some time now.
Ghost Rider - WWTBMD?
  • #380,422
  • Edited 4:45am Jun 5, 2014 4:26am | Edited 4:45am
Quoting FibsWork4Me
{quote} It has dropped since the news.
Immediately after news release first it spiked up 11 pips to 770 though, then it fell 29 pips to 730 after more than 5 hours.....

Wouldn't your stop loss haven been triggered already by the first spike up... for a quick short-term scalp like this?
Hear the music before the song is over ...
  • #380,423
  • Jun 5, 2014 4:29am Jun 5, 2014 4:29am
Quoting 45Condor
Gents (and any ladies present), it would be prudent, I think, to remember that at 12:45 today, we have the interest rate news for the Eurozone. In particular, it is a cut that is expected, and, priced in, or not, will have ramifications for Sterling vs. Euro. Indeed, one can see this on the charts already. If, as expected, the cut is made, I would not be surprised to see Sterling gain against the Euro... I think the Dollar will, too. This scenario then leaves us with speculation regarding what will happen to Sterling vs. Dollar. I am of the opinion...

12.45? if your sitting back in your deck chair, drinking a nice Bordeaux and enjoying the spring weather in France.


I think the rate cut is fully priced in, unless they don't cut. The ECB press conference may hold the surprises.
  • #380,424
  • Jun 5, 2014 4:30am Jun 5, 2014 4:30am
Quoting albchr
{quote} You can see we've been here before. I've had that picture for some time now.
for sure i got two one is a bear pissing on a bull and the other is a bull taking a large one on a bear.. lol u can take ur pick they both seem to work fine around here .. ok supermarket here we go .... woooshhhh and staying long all day ..
  • #380,425
  • Jun 5, 2014 4:36am Jun 5, 2014 4:36am
Quoting squawk
{quote} 12.45? if your sitting back in your deck chair, drinking a nice Bordeaux and enjoying the spring weather in France. I think the rate cut is fully priced in, unless they don't cut. The ECB press conference may hold the surprises.
Yeah that had me scratching my head too. Morning squawk.
Ghost Rider - WWTBMD?
  • #380,426
  • Jun 5, 2014 4:37am Jun 5, 2014 4:37am
Quoting DerekTrotter
{quote} for sure i got two one is a bear pissing on a bull and the other is a bull taking a large one on a bear.. lol u can take ur pick they both seem to work fine around here .. ok supermarket here we go .... woooshhhh and staying long all day ..
Sounds about right. Enjoy the market.
Ghost Rider - WWTBMD?
  • #380,427
  • Jun 5, 2014 4:39am Jun 5, 2014 4:39am
Quoting elbert3
{quote} you can have a seat next to me on the train,,it will be a nice ride down to 665

lol got 1 short on and 1 long... short will prob get stopped out as stop is above highs risking like 5 pips.... probably bank of England will spike it that's prob whats going to happen as I am wondering how we get from A to B or fron here too 1.6810/18 maybe 1.6840 and cant see it moving, but its not going down even though cycles are done.. so bank spike that's what will move it!!!!!

Oh well as writing my short got stopped!!! I knew it would though wish I still had the other longs on!!!! but better safe than sorry
  • #380,428
  • Jun 5, 2014 4:40am Jun 5, 2014 4:40am
anyone like me and holding underwater shorts?
  • #380,429
  • Jun 5, 2014 4:40am Jun 5, 2014 4:40am
Gidday GBP/US

Been waiting for hours


Tried a couple of shorts an pulled the plug

Tried another one an it explodes

F&&&k
  • #380,430
  • Jun 5, 2014 4:40am Jun 5, 2014 4:40am
Quoting albchr
{quote} She may not make it on this run. Can we call 8 pips a run? {image}
Or ?.... LOL
Attached Image (click to enlarge)
Click to Enlarge Name: GU Tick 233.PNG Size: 64 KB
Ghost Rider - WWTBMD?
  • #380,431
  • Jun 5, 2014 4:44am Jun 5, 2014 4:44am
Ghost Rider - WWTBMD?
  • #380,432
  • Jun 5, 2014 4:45am Jun 5, 2014 4:45am
Quoting squawk
{quote} 12.45? if your sitting back in your deck chair, drinking a nice Bordeaux and enjoying the spring weather in France. I think the rate cut is fully priced in, unless they don't cut. The ECB press conference may hold the surprises.



12:45pm (GMT)... listed in the FF news. No, not in France... doing room service in Tokyo, should anyone wish to know. There's no pie and chips, and so I'm on Teppanyaki - and that bloody Miso soup that they insist on serving, and which to me, is just like a bowl of hot snot.




Anyway, priced in it may be, but confirmation may still cause some consternation. If I had a few billion to park, I'd take the 0.50% on Sterling, as opposed to the 0.10% in Frankfurt... the latter the fiscal capital of a continent of stagnation within a collection of nations all bickering betwen themselves.


The UK may be a septic isle, but at least they all speak the same language in the corridors of power.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #380,433
  • Jun 5, 2014 4:46am Jun 5, 2014 4:46am
Wow

Ye Haa

GBP kicking ass
  • #380,434
  • Jun 5, 2014 4:47am Jun 5, 2014 4:47am
I knew she would go up.. knew I should have walked away and left the longs... still have 1 though from 167 target 1.6987
  • #380,435
  • Jun 5, 2014 4:49am Jun 5, 2014 4:49am
Sweet dont u just love those pro traders..outta here for the day and still staying LONG
  • #380,436
  • Jun 5, 2014 4:49am Jun 5, 2014 4:49am
Quoting albchr
Target ... 81 ... lets see.
Thank you Mr. Market.

That's enough play for me.
Attached Image (click to enlarge)
Click to Enlarge Name: GU Tick 233_2.PNG Size: 59 KB
Ghost Rider - WWTBMD?
  • #380,437
  • Jun 5, 2014 4:50am Jun 5, 2014 4:50am
Quoting Brixton
anyone like me and holding underwater shorts?
no..
  • #380,438
  • Jun 5, 2014 4:50am Jun 5, 2014 4:50am
Quoting albchr
{quote} Thank you Mr. Market. That's enough play for me. {image}
way to go captain.. way too go ..
  • #380,439
  • Jun 5, 2014 4:53am Jun 5, 2014 4:53am
try again now.... awaiting to re enter long at 1.6767
  • #380,440
  • Jun 5, 2014 4:56am Jun 5, 2014 4:56am
Quoting albchr
{quote} Yeah that had me scratching my head too. Morning squawk.
Hey Chris, nice little profit for you this morning I see already...
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