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Cable Update (GBPUSD)

  • #20,781
  • Jul 23, 2007 10:43pm Jul 23, 2007 10:43pm
Wonder if the floods in England will effect movement?
  • #20,782
  • Jul 23, 2007 10:46pm Jul 23, 2007 10:46pm
Quoting wwwin
if you live in the U.S. can you testify that your living expenses went up only 2 percent in the last 12 months????
Gas
Dry cleaning
Property taxes
movies
parking
fed ex
postage
electric bill
mortgage
rent
office space
condo maintenance
minimum wage
just to name a few
well done. i say.

you obviously don't know americans.
BAM BAM BOOM! -bravado
  • #20,783
  • Jul 23, 2007 10:50pm Jul 23, 2007 10:50pm
I probably forgot to say that its not worth to sell either. Ttrend that was carried overnight on cable is likely to continue till Europe open especially if overall trend is up as well.
Besides it would be foolish not to take trade before London if smaller timeframe says you to do so.
  • #20,784
  • Jul 23, 2007 10:55pm Jul 23, 2007 10:55pm
don't fight guys.

Bernanke can control the US inflation but he can't control the currencies or gbp/usd, eur/usd, usd/cad, usd/chf or etc.
  • #20,785
  • Jul 23, 2007 10:58pm Jul 23, 2007 10:58pm
Quoting pfdtrader22
..dont ever think it is "too high" or "too low". just my opinion.
that concept. what you said above.

is a complicated one. i could write a book just on that subject.
seemingly simple concept but complex then you think with the variables involved.

but again. books won't do you good, or mentors, or any other services. you just need to trade. and trade more. experience is the bestest.

take what everyone else says as grain of salt. experience, experience, experience.

a pro.
such as myself.
BAM BAM BOOM! -bravado
  • #20,786
  • Jul 23, 2007 11:01pm Jul 23, 2007 11:01pm
Quoting bravado
that concept. what you said above.

is a complicated one. i could write a book just on that subject.
seemingly simple concept but complex then you think with the variables involved.

but again. books won't do you good, or mentors, or any other services. you just need to trade. and trade more. experience is the bestest.

take what everyone else says as grain of salt. experience, experience, experience.

a pro.
such as myself.
Well I hail to thee......

Very insightful post....

Thanks in advance
  • #20,787
  • Jul 23, 2007 11:08pm Jul 23, 2007 11:08pm
Quoting wwwin
health insurance
hazzard insurance
interest on credit card debt
i see you added more.

guess what. those things have zilch negative effect on anyone as a trader.
again. he was well chosen for his job.

edit: zilch "negative" effect.
BAM BAM BOOM! -bravado
  • #20,788
  • Jul 23, 2007 11:14pm Jul 23, 2007 11:14pm
Quoting bravado
i see you added more.

guess what. those things have zilch negative effect on anyone as a trader.
again. he was well chosen for his job.

edit: zilch "negative" effect.
I never said those were bad for a trader, it really makes no difference, you choose your side. The lie is good for $$ bears.
If you read the whole article, it actually speaks well of Ben, basically it says that he inherited the lie, and if he were to expose the real CPI figure all of a sudden, the stock market would crash, the house market would be much worse, etc etc...so they are not blaming him...they are saying it's a benevolent lie to protect us.
  • #20,789
  • Jul 23, 2007 11:17pm Jul 23, 2007 11:17pm
Quoting wwwin
If you read the whole article, it actually speaks well of Ben, basically it says that he inherited the lie, and if he would expose the real CPI figure, the stock market would crash, the house market would be much worse, etc etc...so they are not blaming him...they are saying it's a benevolent lie to protect us.
WHOA.......that is deep.....

Makes you wonder???????
  • #20,790
  • Jul 23, 2007 11:20pm Jul 23, 2007 11:20pm
The last New York's and London's sessions Cable closed at 0580. Next NY & LN's sessions we will see the Cable around that number again.
  • #20,791
  • Jul 23, 2007 11:25pm Jul 23, 2007 11:25pm
Quoting Turtle
WHOA.......that is deep.....

Makes you wonder???????
Yeah.. Did Ben said something like that?? Its like admitting that US economy is in BIG trouble.. and its all Greenspan's fault.. Very well done..
  • #20,792
  • Jul 23, 2007 11:28pm Jul 23, 2007 11:28pm
Quoting wwwin
..you choose your side. The lie is good for $$ bears..
the moment you take sides in this. you have lost your perspective.

i just see.

here is a good place to go long.
here is a good place to go short.

here is a good place to take profit.

here is a good place to stay out.

cha-ching! cha-ching!! cha-ching!!!

pips after pips. profit after profits.
BAM BAM BOOM! -bravado
  • #20,793
  • Jul 23, 2007 11:28pm Jul 23, 2007 11:28pm
Soros
Trade what you see, not what you think.
  • #20,794
  • Jul 23, 2007 11:31pm Jul 23, 2007 11:31pm
Quoting bravado
the moment you take sides in this. you have lost your perspective.

i just see.

here is a good place to go long.
here is a good place to go short.

here is a good place to take profit.

here is a good place to stay out.

cha-ching! cha-ching!! cha-ching!!!

pips after pips. profit after profits.
The man who moves the market..
The one and only Forex God...
Bravado..
  • #20,795
  • Jul 23, 2007 11:32pm Jul 23, 2007 11:32pm
Quoting user5000
I'd say bearish, about to turn down or slow down uptrend until London. anyway too late to buy for me right now.
I saw the charts posted and i cant believe what im reading.
  • #20,796
  • Jul 23, 2007 11:33pm Jul 23, 2007 11:33pm
Quoting karmostaji
Soros

You are a Clown
  • #20,797
  • Jul 23, 2007 11:33pm Jul 23, 2007 11:33pm
Quoting jest1081
I saw the charts posted and i cant believe what im reading.
noobs watching 5m chart lol
Trade what you see, not what you think.
  • #20,798
  • Jul 23, 2007 11:34pm Jul 23, 2007 11:34pm
Quoting edward77
You are a Clown
, it's ok if you're short, don't get angry
Trade what you see, not what you think.
  • #20,799
  • Jul 23, 2007 11:37pm Jul 23, 2007 11:37pm
Quoting jest1081
I saw the charts posted and i cant believe what im reading.
I agree, they post a chart where it is going up at a 45 degree angle, perfect pitch in technical analysis, textbook bullish, perfect angle showing strenght and yet not too steep as to be unsustainable, and they are saying it looks bearish...amazing stuff...the mind is a very a very very complicated thing.
  • #20,800
  • Jul 23, 2007 11:40pm Jul 23, 2007 11:40pm
Quoting wwwin
I agree, they post a chart where it is going up at a 45 degree angle, perfect pitch in technical analysis, textbook bullish, and they are saying it looks bearish...amazing stuff...the mind is a very a very very complicated thing.
I must say, your science is surely backed by factual results. I happens right here, i was guilty too...as charged LOL.

It sucks giving pips away...esp to Bravado. I think he dates Shania Twain Ka-ching!
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