Cable Update (GBPUSD)

In South Africa

u mean this?

Now thats what i call "fresh jokes"

Meanwhile on bloomberg today...

ok here is a good joke for you

It's a long one but, nothing else to do so thought I post it. enjoy




Noah'sArk

In the year 2007, the Lord came unto Noah, who was now living in England
and said, "Once again, the earth has become wicked and over-populated,
and I see the end of all flesh before me. Build another Ark and save 2
of every living thing along with a few good humans."

He gave Noah the CAD drawings, saying, "You have 6 months to build the
Ark before I will start the unending rain for 40 days and 40 nights. "
Six months later, the Lord looked down and saw Noah weeping in his yard
- but no Ark.

"Noah!" He roared, "I'm about to start the rain! Where is the Ark ?"

"Forgive me, Lord," begged Noah, "but things have changed. I needed
Building Regulations Approval because the Ark was over 30m2. I've been
arguing with the Fire Brigade about the need for a sprinkler system. My
neighbours claim that I should have obtained planning permission for
building the Ark in my garden because it is development of the site even
though in my view it is a temporary structure, but the roof is too high.

We had to go to appeal to the Secretary of State for a decision. The
Local Area Access Group complained that my ramp was going to be too
steep, and the inside of the Ark wasn't fully accessible, then the
Department of Transport demanded a bond be posted for the future costs
of moving power lines and other overhead obstructions, to clear the
passage for the Ark 's move to the sea. I told them that the sea would
be coming to us, but they would hear nothing of it.

Getting the wood was another problem. All the decent trees have Tree
Preservation Orders on them and we live in a Site of Special Scientific
Interest set up in order to protect the spotted owl. I tried to convince
the environmentalists that I needed the wood to save the owls - but no
go!

When I started gathering the animals, the RSPCA sued me. They insisted
that I was confining wild animals against their will. They argued the
accommodation was too restrictive, and it was cruel and inhumane to put
so many animals in a confined space.

Then the County Council, the Environment Agency and the Rivers Authority
ruled that I couldn't build the Ark until they'd conducted an
environmental impact study on your proposed flood.

I'm still trying to resolve a complaint with the Equal Opportunities
Commission on how many BMEs I'm supposed to hire for my building team.
The trades unions say I can't use my sons. They insist I have to hire
only CSCS accredited workers with Ark-building experience.

To make matters worse, Customs and Excise seized all my assets, claiming
I'm trying to leave the country illegally with endangered species. So,
forgive me, Lord, but it would take at least 10 years for me to finish
this Ark. "

Suddenly the skies cleared, the sun began to shine, and a rainbow
stretched across the sky.

Noah looked up in wonder and asked, "You mean
you're not going to destroy the world?"

"No," said the Lord. "The government beat me to it"

Are u serious price can go that far for today. why u say so. any opinion.

You got it out of the context, yesterday morning.

In normal conditions I would say "I don't see 0420 coming". But who the hell knows on a Friday of a week like this...

hello, this is my strategy on cabl. i thnik that should go down. but we will see what they will say on todays news

http://img476.imageshack.us/img476/2...d108yw6.th.gif

Never took any calls in this thread seriously.. especially during bored session..

You see, with good money management you CAN get that new car you dreamed of.

looks like a very near term bullish signal is generated: target1: 278, target2: 367...

Let's bring it into context..

http://www.signs-of-the-times.org/im...ne_cartoon.gif

http://seattlepi.nwsource.com/dayart...on20060216.gif
http://www.adamzyglis.com/images/cartoon305.jpg

any one of you have pivot indicator for daily, weekly & monthly? upload please..

The thread's founder, 1,200 pips ago

not sure if this link will help, it's has dailies and a calculator for pivots.

regards

MPP

http://www.mataf.net/en/forex/tradin...ints/standard/

banks interfere again, pulled this of Dailyfx.

10:05 EUR/USD: ECB News Digested, Spot Rates Little Altered London, August 10. For the second consecutive day the ECB has mounted a rescue operation by providing liquidity to the market. However, the net effect of the 3-day tender has been to withdraw EUR 33.791Bln from the market.
The ECB injected EUR 61.05Bln to calm markets with a weighted average rate of 4.08%. However, a total of 62 banks bid for the 110.035Bln, compared to 49 names seen yesterday.
EUR/USD trades on a even keel in the wake of the news with rates shy of the 1.3700 highs seen in early European actions.
Overnight and Asian central banks joined a global campaign by monetary authorities to inject extra cash into banking systems and dealers now look to the Fed for further signals. [email protected]

Thanks MPP.

Stopped out. damn it...

looks like going short cable short