The market usually prices in hikes and there is talk of at least two more, as of right now one is due to hit on Thursday, but the BOE is known for keeping folks off guard. So there is no telling what could happen once the hike hits the wires, only ...

Cable Update (GBPUSD)

I say no hike = drop to no lower than 2.0000

Cable Update (GBPUSD)

Okay, after reading it 3 times, it now makes sense. Good thing I wasn't drunk...lol So what is the consensus of how high the GJ can go??????

The higher GU, EU, the higher the crosses volatility

With all that is going on in the UK, maybe Brown can ask for a pullback so we can all jump back in long.... He has had his hands full since taking office, this is the least he could do for us....

Cable Update (GBPUSD)

Looked like a test to see how much farther it can go. I'm hoping for a pullback to the 0130 area so I can go long again. Let's see what the Asian session brings...

Cable Update (GBPUSD)

I hear that, I'm also hoping for a slight drop back to 0130 so I can get in "long" again. Good discussion this afternoon, I always seem to learn something new...

Cable Update (GBPUSD)

Appreciate the link....

Cable Update (GBPUSD)

cesarnc, is there a link for me to look at that info?

Cable Update (GBPUSD)

After Saturday's fireworks, you scared him off the thread....

Cable Update (GBPUSD)

That was me this week. I took my loss and learned something new, and I will keep on learning how to become a better trader. Nice post cesarnc........

"Probabiliy neglect" phenomenon

Man...we get action on this thread during the weekends too???? Can't wait for the market opening on Sunday....all I know is that I'm following the trend!!!! And it looks like 2.0100 and beyond....cesarnc post that picture of the mountain ...

Cable Update (GBPUSD)

That is great advice WTB, I know I learned my lesson for this week... Not to try an create a beginning of a trend because I'm just a small portion of this "BIG" Forex world.....

Cable Update (GBPUSD)

cesarnc and bravado, I commend you guys. You keep this thread funny with laughter and you guys trade very well. A salute to you.... Close my short for a loss, looking long until the BOE news.

Cable Update (GBPUSD)

If it stays at this level we will see 2.0130 on 4th of July..... And the day right before BOE rate statement...plus US markets will be closed. You know how folks like to have fun in the markets on US holidays..

Cable Update (GBPUSD)

This next hour will truly tell us, with end of month/quarter and profit taking.

Cable Update (GBPUSD)

Cable looks like it is stuck in the mud........

Cable Update (GBPUSD)

Oh, I'm sorry....5 pip difference. Excuse me for not being notified of that earth shaking difference. Everybody's broker will have a difference of a few pips or two. That being, the statement is still the same, "the market has moved much ...

Cable Update (GBPUSD)

Is these funds based on Net Capital requirement???? Good post

Cable Update (GBPUSD)

Over the long haul it's been going up, but this week it has been ranging...High 2.0046, Low 1.9927 that is only 119 pips, we use to do that in one day. Just my thoughts...

Cable Update (GBPUSD)

4 days of this stop and go stuff on the cable is making us all a little loopie... Hope we see some kind of direction soon.

Cable Update (GBPUSD)