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Cable Update (GBPUSD)

  • #18,941
  • Jul 16, 2007 7:18am Jul 16, 2007 7:18am
Quoting cesarnc
hehehe

I'm now waiting for the "DOLLAR RULES!!!", "SEE? WHO'S DEAD NOW?"

Oh, we can't forget this: TARGET 9730
  • #18,942
  • Jul 16, 2007 7:32am Jul 16, 2007 7:32am
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
too bad I can not trade London session this week.I missed one entry point today an easy one really.
Ressistance on 2.0400 a? I think it will not hold much longer...3rd or 4th atempt....But on the other hand (like you Cesarnc said) bulls are too long in control....
Now I am just analysing what I have missed and where would I enter.I will join you next monday....

Hope you all made some pips today!!!

P:S:CESARNC...congrads for winning Copa America....
  • #18,943
  • Jul 16, 2007 7:33am Jul 16, 2007 7:33am
USD Empire State Business Conditions Index http://forexfactory.com/images/misc/...mpact_high.gifhttp://forexfactory.com/images/misc/progress.gif26.5 http://forexfactory.com/images/misc/...ol_refresh.gif 18.0 25.8

US news much better than forecast and better than before. GU shall be down. Short now.
US shall consider the risk of high inflation.
Give me patience
  • #18,944
  • Jul 16, 2007 7:34am Jul 16, 2007 7:34am
Quoting dado26

P:S:CESARNC...congrads for winning Copa America....
Kicked those Argentinean @$$e$

  • #18,945
  • Jul 16, 2007 7:36am Jul 16, 2007 7:36am
Empire State B. I. came better than expected (25.5)
Let the market talk about it
  • #18,946
  • Jul 16, 2007 7:40am Jul 16, 2007 7:40am
Quoting de123
whats the problem with u ppl,...
-Untill bush ends the war on teror its bearish
-untill those troops aint home its bearish
-untill the us dont feel safe by its own, its bearish
-untill 2.0366 and 1.366 holds its bearish
-until gold 666 holds its bearish
-until average WTI & BRent 76 holds its bearish
... ...the devil has spoken...
gambling huh, and the interest might be raised by 0.25 by EUR & GBP, at casino there is noone who will say, it might be red, here it do...and when i play red or black, i always play RED, just like here i play RED on USD...from now on,...ill be quite.
When US troops come out, the second largest (possibly the largest) oil reserves in the world, come under Iranian control ...

Is this going to be dollar positive I ask myself ?

and the US army is going to be used in some other war at the same time - it always is - or squaring up to the Ruskis in eastern europe... so can't see em saving much there ...

I am no war supporter, just thinking from the forex point of view...
  • #18,947
  • Jul 16, 2007 7:45am Jul 16, 2007 7:45am
me 2, but it aint bulish, war do cost a lot, especially for the agreesor,...are those soldiers insured?...i guess they are....is al quada dolar bulish,...i guess not.
its just money
  • #18,948
  • Jul 16, 2007 7:48am Jul 16, 2007 7:48am
I believe canada tar sands are the largest reserve of oil, yet expensive to extract 30-40$ a barrel will be coming online in about 1.5 years or so, US has unlimited access to such extractions. Just imagine USA uses roughly 230 million Barrels a day just to exist currently. Imagine 230 million barrels a day of supply being added to the world supply over a period of time. How will this affect other countries UK Japan China middle east russia. Too much supply not enough demand with these richie riches wanting more and more profits. This could crush countries like Japan China even Europe with astronomical prices for crude.
"Millionaires don't use astrology, billionaires do"
  • #18,949
  • Jul 16, 2007 7:49am Jul 16, 2007 7:49am
gud 4 u.s. do u think stil long? it didnt stay long at 2.0400...
  • #18,950
  • Jul 16, 2007 7:53am Jul 16, 2007 7:53am
Quoting OrionsWay
I believe canada tar sands are the largest reserve of oil, yet expensive to extract 30-40$ a barrel will be coming online in about 1.5 years or so, US has unlimited access to such extractions. Just imagine USA uses roughly 230 million Barrels a day just to exist currently. Imagine 230 million barrels a day of supply being added to the world supply over a period of time. How will this affect other countries UK Japan China middle east russia. Too much supply not enough demand with these richie riches wanting more and more profits. This could crush countries like Japan China even Europe with astronomical prices for crude.
While we wait, adding to the off-topic.

You Oil guys, here's a question. What would be a point of rupture for the oil? I mean. At what price level people will stop sleeping and countries will cease existence? $200? 300? What?

I know there is no such thing as "hey guys, planet is out of oil !!" Price will reach the starts before that happens....
  • #18,951
  • Jul 16, 2007 7:53am Jul 16, 2007 7:53am
Have you all notice sumthing? Soros is gone suddenly...
  • #18,952
  • Jul 16, 2007 7:56am Jul 16, 2007 7:56am
Quoting Holypendant
Have you all notice sumthing? Soros is gone suddenly...
0403 and he's back full power
0299 and he's vanished.
0055 and free444 is back
9730 and free444 is "toldya so-ing" us.
  • #18,953
  • Jul 16, 2007 7:58am Jul 16, 2007 7:58am
Quoting cesarnc
0403 and he's back full power
0299 and he's vanished.
0055 and free444 is back
9730 and free444 is "toldya so-ing" us.
What about BRAVADO ????
For he that would be deceived, let him.
  • #18,954
  • Jul 16, 2007 7:59am Jul 16, 2007 7:59am
Quoting OrionsWay
Just imagine USA uses roughly 230 million Barrels a day just to exist currently.
No, you are wrong, tell me where you get that figure.
US consume about 21million barrel per day.
  • #18,955
  • Jul 16, 2007 8:00am Jul 16, 2007 8:00am
Quoting ago
gud 4 u.s. do u think stil long? it didnt stay long at 2.0400...
I fancy a retest at the least
  • #18,956
  • Jul 16, 2007 8:00am Jul 16, 2007 8:00am
Ces, i think we are getting close now. Ultimately its our backs paying the bills with consumer prices, shipping costs, manufacturing cost. 100$ barrel will drive any economy into depression i think. No consumers= no prudction=1 2 3 what are we fighting 4 dont ask me i dont give a damn next stop is nuclear nam, 5 6 7 open up the pearly gate8's aint no time to wonder why whooooopi we are gonna die. LOL
"Millionaires don't use astrology, billionaires do"
  • #18,957
  • Jul 16, 2007 8:01am Jul 16, 2007 8:01am
Quoting cesarnc
0403 and he's back full power
0299 and he's vanished.
0055 and free444 is back
9730 and free444 is "toldya so-ing" us.
  • #18,958
  • Jul 16, 2007 8:01am Jul 16, 2007 8:01am
lol....i heard that economy might be under real pressure if oil goes much above 80s level...100 is already critical...but if dolar goes that bearish, it could be 120...i just dont know whats going to happen with our plane EART, its already so HOT here 40s C+ on the way this week.....Global warming,...bljak.
its just money
  • #18,959
  • Jul 16, 2007 8:02am Jul 16, 2007 8:02am
Quoting musicman007
I fancy a retest at the least
Yup agree with you.

Waiting for it

Dow Jones could go above the magical 14,000 mark today. If so, dollar would crash
  • #18,960
  • Jul 16, 2007 8:02am Jul 16, 2007 8:02am
I thought cable will shoot up to heaven too becoz heard that many bad US news tis wk.
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