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Cable Update (GBPUSD)

  • #19,301
  • Jul 17, 2007 10:44am Jul 17, 2007 10:44am
Quoting treadline
your funny. we will remain domanant in the world economy for a very long time. yes i agree that the u.s. economy is weak right now but it will pick up in the next year when bush is out of the office. will take a while to pick up but it will.
r u sure? america is no longer the world super power... when bush is out... another idiot is going to replace him... with the same mentality & strategy... go to war with iraq, iran, afghanistan... not much contribution towards strengthening the USD
  • #19,302
  • Jul 17, 2007 10:44am Jul 17, 2007 10:44am
Quoting soros_junior
cable got no where to go but up up and away....
the last couple of weeks was the easiest trade ever & it will remain forever as GU will be bullish until god says enough is enough... in which i think will take 100 years or so where most of us will be in our grave already
so, just enjoy your pips... trade only cable... just go long... go for a long or short holiday... come back, take profit and long again...
u can safely resign from your daily work & retire rich by just trade cable... no need of indicators... no need of signals... no need of watching news...

sounds strange and over but that's the fact for now & for a very long long time
WOW.......If everyone trade LONG cable, means everyone are BILLIONAIRE.

Sounds easy eh. So, tomorrow I will sell my house, car, b.f and nice bike and place LONG LONG LONG Cable...

The LONGER the CABLE, the higher the tension in it, its scientifically proven...[will crack under pressure]
  • #19,303
  • Jul 17, 2007 10:46am Jul 17, 2007 10:46am
Quoting krishna
"lord Of Fx" krishna"
U may be a god in another religion my fren.. but in FOREX.. there is only ONE FOREX GOD.. and that is BRAVADO.. THIS is the MAN that MOVES the MARKET
  • #19,304
  • Jul 17, 2007 10:46am Jul 17, 2007 10:46am
Quoting soros_junior
u didn't get what i meant... i mean 'millionaire' in their currency...
You think we do not know about it?
Even that a million (which is only 3cm thickness in paper), it can buy you a Ferrari...
  • #19,305
  • Jul 17, 2007 10:47am Jul 17, 2007 10:47am
Quoting karmostaji
USD will be replaced with the Iranian Toman
Iranian 'Toman Jerry' money eh - that would make the greenback look pretty again. I have already moved to the frozen Yorkshire Pudding standard...no room in the freezer to be a millionaire, but working on it...the capacity of the word's freezers will limit money supply and maintain it's value against the Iranian Mouse based money which breeds faster than even Bernanke Panky dollars...
  • #19,306
  • Jul 17, 2007 10:48am Jul 17, 2007 10:48am
Quoting zamans98
WOW.......If everyone trade LONG cable, means everyone are BILLIONAIRE.

Sounds easy eh. So, tomorrow I will sell my house, car, b.f and nice bike and place LONG LONG LONG Cable...

The LONGER the CABLE, the higher the tension in it, its scientifically proven...[will crack under pressure]
not everybody... only people in this forexfactory migh be billionnaire
how high is high? is 2.1000 high for u? to me 2.1000 is still consider low... i'm looking at 3.0000 now which is about neary 10,000pips from here.... multiply that with 100 std longs and you'll be a millionnaire...
  • #19,307
  • Jul 17, 2007 10:48am Jul 17, 2007 10:48am
Quoting zamans98
WOW.......If everyone trade LONG cable, means everyone are BILLIONAIRE.

Sounds easy eh. So, tomorrow I will sell my house, car, b.f and nice bike and place LONG LONG LONG Cable...

The LONGER the CABLE, the higher the tension in it, its scientifically proven...[will crack under pressure]
Dont forget to sell some granny too.. (some oredi bid them here before.. ) :
  • #19,308
  • Jul 17, 2007 10:51am Jul 17, 2007 10:51am
USD's Hegomy is king. Our ability to control on others balance sheets is our power.
"Millionaires don't use astrology, billionaires do"
  • #19,309
  • Jul 17, 2007 10:52am Jul 17, 2007 10:52am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting soros_junior
not everybody... only people in this forexfactory migh be billionnaire
how high is high? is 2.1000 high for u? to me 2.1000 is still consider low... i'm looking at 3.0000 now which is about neary 10,000pips from here.... multiply that with 100 std longs and you'll be a millionnaire...

OK the theory of 3.00 is on the cards, but surely you can see that there are waves to this.

Are you trading long term trends as this would explain your long stance, i know of one trader that only longs eur/usd, but he at least know there is a high and low to all methods.
  • #19,310
  • Jul 17, 2007 10:52am Jul 17, 2007 10:52am
Quoting soros_junior
not everybody... only people in this forexfactory migh be billionnaire
how high is high? is 2.1000 high for u? to me 2.1000 is still consider low... i'm looking at 3.0000 now which is about neary 10,000pips from here.... multiply that with 100 std longs and you'll be a millionnaire...
Dunno why suddenly i think this guy is trading mini or micro?? look at how his multiplication to get 1 milliion..
  • #19,311
  • Jul 17, 2007 10:54am Jul 17, 2007 10:54am
ok guys... nearly midnite here.... good trading today... i only wakes up every morning just to long my cable.... hope to see 2.0500 in 6 hours time...40 more pips only...

good nite to all! remember all 100% good gbp news tomorrow & all 100% bad usd news... 2.0600 is a must & 2.0700 is a piece of cake tomorrow
  • #19,312
  • Jul 17, 2007 10:55am Jul 17, 2007 10:55am
Quoting dd33
Dunno why suddenly i think this guy is trading mini or micro?? look at how his multiplication to get 1 milliion..
i'm trading mini by the way...
  • #19,313
  • Jul 17, 2007 10:56am Jul 17, 2007 10:56am
Quoting musicman007
As they say in all Financial services adverts - " past performance should not be viewed as a guarantee of future outcomes "

Its about time the Yanks realised that the Euro, the Cable and especially the Yuan will be the currencies of choice in the future. Looks like David Beckham needs to brush up on his carry trades if he is going to have any of his $125m left in a few years.

And that includes (past performance) of a lot of predictions of the US falling from its No.1 position in the world economy.
  • #19,314
  • Jul 17, 2007 10:56am Jul 17, 2007 10:56am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting soros_junior
ok guys... nearly midnite here.... good trading today... i only wakes up every morning just to long my cable.... hope to see 2.0500 in 6 hours time...40 more pips only...

good nite to all! remember all 100% good gbp news tomorrow & all 100% bad usd news... 2.0600 is a must & 2.0700 is a piece of cake tomorrow
A small slice will be enough for me this week, i need to build up an appitite first, and then i will have a little more next week.

many thanks
  • #19,315
  • Jul 17, 2007 10:59am Jul 17, 2007 10:59am
Quoting soros_junior
i'm trading mini by the way...
You certainly are.

BTW bad news sometimes means good news. It is how the market reacts. Not so much what makes it react.

Sleep tight.

  • #19,316
  • Jul 17, 2007 11:02am Jul 17, 2007 11:02am
Dow Hits Record High of 14,000

AP - The Dow Jones industrial average swept past 14,000 for the first time Tuesday after a relatively tame inflation report gave investors reason to continue a recent run-up that began in earnest last week.
  • #19,317
  • Jul 17, 2007 11:02am Jul 17, 2007 11:02am
A little history lesson


part 1 http://video.google.com/videoplay?do...arch&plindex=2





part2 http://video.google.com/videoplay?do...arch&plindex=2
"Millionaires don't use astrology, billionaires do"
  • #19,318
  • Jul 17, 2007 11:03am Jul 17, 2007 11:03am
Quoting MPP
A small slice will be enough for me this week, i need to build up an appitite first, and then i will have a little more next week.

many thanks
Need to add, ....sometime NO NEWS is good news...
  • #19,319
  • Jul 17, 2007 11:07am Jul 17, 2007 11:07am
Nice PIPS for this thread

CONGRATS for being the HIGHEST ranked THREAD EVER. [In FF and any other FOREX forum...err a combined post from small forum will never ever beat this one ]

July 10 was PAGE 1200
Since then, up by 1,350 pips (opps.. 1350 posting, 90pages x 15 posting)
  • #19,320
  • Edited 11:30am Jul 17, 2007 11:09am | Edited 11:30am
does anyone know what happened to this News Service ?

http://news.efxnow.com/EN/Commentary/index.html

hasn't came back online yet.
“Past performance is not indicative of future results”
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