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- pipology-101 replied Jul 20, 2007
GDP high...inflation ??? 6 % ??? gbp bullish still ? me very careful because I am short term. I am long cable with sl @ below the TL (brown)...but also has to break todays high for me to be confortable ...but i am in ...long @ 505. me a bit scarred ...
Cable Update (GBPUSD)
- pipology-101 replied Jul 19, 2007
thanks for that input also
see you @ 4:30am GBPGDP q/q (p)Cable Update (GBPUSD)
- pipology-101 replied Jul 19, 2007
fundumentals point to gbp bullish. stoks going up , world growing fast, interest rate hiles every where...just depends who starts 1st. possible boe 6% craziness, usa fed no hike soon , but is hawkish long run (carry trade
. smaller time frame, i ...Cable Update (GBPUSD)
- pipology-101 replied Jul 19, 2007
heh, i look at monthly now. I mean we are talking about a huge momentum. On smaller time frame, heh, you can surf cathing few pips here and there. daily it can go up or down. its in the middle of the channel now. I wont trade this one unless it ...
Cable Update (GBPUSD)
- pipology-101 replied Jul 19, 2007
possible. But the odds of the daily trend, blue is stronger, and attracts the price. Sorto like price going towards ma. but you are right, it is possible and it is used as sl sometimes in my case. ...will see.
Cable Update (GBPUSD)
- pipology-101 replied Jul 18, 2007
wow, finaly some one with wisom. Thanx, and this is why i like ff... i am long cable...even if i loose...i had a sound reason...not to mention the momentum and what you just explained...etc etc.. big boys have invested in gbp for sake of ...
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
itsssss funny i dont have a use for fibs...wiered.
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
read Posts: 115 all depends on boe and fed and cpi.. breach upper channel or come down to #6 =2.03

Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
creeping while folks are sleep...my alarm went off... asia for the most part goes up 10-20 pips.. i guess i wont sleep till 4am est. unchanged for boe and unchanged for fed on thursday... then comes retraction...well ofcourse there is cpi tommorrow ...
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
same here... it will correct 150-200 pips if it does not breach top channel. as far as me, we...are concerned, as day traders, thats all we care...not the long long term as investors do.. but each to his own...i mean how can one handle 500 pip ...
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
now you sounding like a dolla basher. just give us reasons for the sake of this thread...not just bashing it.
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
the good news is , we as traders do not care which way. If it gets breached (may your wish come true), then I ride along. If not...then I ride the wave down. Happy surfing. WHere is soros who shorted pound at this level... ? he made a billion, u ...
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
if # 5 is breached tomorrow during BOE meeting, then it is a different story. If not then, here you have it. The question is, am I gonna follow my own rules ?

Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
I agree with this also.. but small reveral may be at hand though --
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
ha, I am with you.. i was thinking of the same way... since there is no way to raise interest rate (per PPI)...they come up with fake data..
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
greed! I should have taken my 20 pips on cpi ... oh well, what the beast gives it takes...
Cable Update (GBPUSD)
- pipology-101 replied Jul 17, 2007
I think wolf wave is at work if it does not passtodays high .0474 and there is more important news tomorrow
if tomorrow decision is not in favor of gbp, watch for 300 pip reversal...count on thatCable Update (GBPUSD)