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Cable Update (GBPUSD)

  • #24,321
  • Aug 14, 2007 2:17pm Aug 14, 2007 2:17pm
oh and usdcad look interesting.
BAM BAM BOOM! -bravado
  • #24,322
  • Aug 14, 2007 2:22pm Aug 14, 2007 2:22pm
Quoting Warper
Look.

Ppl who live outside US can't really tell how this credit cruch really hurt to their consuming.

I wrote a thread another day on the members lounge, to ask if someone there could ship me gasoline. Why?

They pay 3 dolars per gallon and they are whinning.... i pay 7.1 dollars per gallon.

Our economy here is not doing very well, ... and "we" still buy mobile phones every month, "we" travel, we do everything normal, except in christmas, the gifts tend to be very low quality .

But guess what.... Medium Wage here per month is less than 1K, in US is more than 2K

So do the math...

Their problem are their stupid cars who suck gasoline like a vampire sucks blood.

Our cars in Europe make more than 300 Miles with just 10 Gallons

Their probably do 1/3 of that.

They like to pollute... thats it.

So if we are not dying with less income, they sure aren't dying too...

So don't pay no attention to... hah... the gas is rising...!
They have to double the price to get in our situation and even so... they earn more anyway.


In other words this means that, when they start to revolutionize their cars, there will be a BOOM of car sales in US.

Shoot, I tell ya, when I see another souped up Hummer getting about 10 miles to the gallon driving around city streets, having never seen a pothole, much less off-road, I just scream!

Aside from the US not really wanting us to drive economical cars, the biggest problem is lack of alternatives.
I drive a little Honda and get about 22 miles to a gallon, which is considered good. Over the last year, I've been driving it only when I have to, opting to walk whenever possible. There is no viable public transportation in my town whatsoever, and the town is not really set up for walking (although one finds a way, and learns to ignore the dumbfounded stares of drivers).
Aside from safety and comfort, the big problem I found with walking everywhere is that what I save on gas, I seem to spend on groceries, the price of which has risen with gas prices rising, and which I need a lot more of these days to keep from melting down into a bony oblivion

I'd buy a hybrid, but it's a little out of my price range (or what I'm willing to spend on a car), and I'm pretty sure maintenance costs would drive me into poverty pretty fast.

Still, UK is SO expensive! Sure, things are tough in the US these days, but I honestly don't know how you guys are making it, especially in London. Having to pay $6 for a regular coffee at Starbucks in London back in June sure put things in perspective for me and made me whine a little less about the prices here!
Cable is my sugardaddy
  • #24,323
  • Aug 14, 2007 2:38pm Aug 14, 2007 2:38pm
Quoting bohogirl
Shoot, I'm sorry you guys.
It's all my fault.
My local WalMart remodeled so I couldn't find anything anymore, and my local Home Depot moved its store to a new, bigger location, which is not as conveniently located for me, so I stopped going to both mid-May.
I now see the error of my ways - I'm going to go shopping as soon as market closes and fix this earnings slump.
In the meantime, Target will probably post record earnings for the last quarter :
On my side, British American Tobacco, Brazilian Coffee Producers are reporting a surge in sales.

Cable below 9900 and Johhnie Walker is getting its share, too
  • #24,324
  • Aug 14, 2007 2:41pm Aug 14, 2007 2:41pm
Uj 1hr, 4hr, daily are BIZARRE to say the least.

And CNBC's main headline is making me ROFL througout the day.

The content is always the same, but the headlines today were like

Stocks Move Off Lows But Credit Jitters Still Plague Markets
24 min. ago
Stocks At The Lows as Credit Jitters Plague Markets
35 min. ago

Stocks Back off Lows But Credit Jitters Still Plague Markets
25 min. ago

Stocks At the Lows as Credit Jitters Plague the Markets
30 min. ago

LOL

Not to mention the freaking "mini-panic"
  • #24,325
  • Aug 14, 2007 2:56pm Aug 14, 2007 2:56pm
It is Lose, Lose, Lose not Loose, Loose, Loose. Can't some of you people get it.

Maybe this will help:

bad trade = lose like booze - although just one letter o.

pants that don't fit = loose like toulouse lautrec

Ok class dismissed.

+ + +

For the folks from Euro-Land who have never been to the USA you sure seem to know a lot about us. I once spent two weeks in Germany and Austria back in the late 80's. No not in the Army, as a tourist. Nice places but I wouldn't want to live there.

But I sure would not claim to know what Germans and Austrians do on a daily basis and whether they are happy with what they make or vacation time they get and how much they spend on toilet paper etc etc.

Also keep in mind this country land mass is bigger Europe excluding former eastern bloc countries. France would fit inside Texas for instance. Germany inside Alaska. Greater distanced traveled factor in some of the additional fueld consumption as well as having the freedom to just up and go when and where we want.
  • #24,326
  • Aug 14, 2007 3:04pm Aug 14, 2007 3:04pm
Down for the count http://forum.gtarena.net/images/smilies/smiley_rock.gif (Update 2)

Boy, they are falling like flies...

"Thornburg Mortgage Thornburg Mortgage Inc

7.61 -6.67 -46.71%

shares were halted right before the market close after plunging 44% amid concerns about liquidity and a possible dividend cut."
  • #24,327
  • Aug 14, 2007 3:06pm Aug 14, 2007 3:06pm
DOW closed -200
Trade what you see, not what you think.
  • #24,328
  • Aug 14, 2007 3:14pm Aug 14, 2007 3:14pm
...........and a possible dividend cut.


Now thats funny. I would think the folks working there are more concerned with job cuts or wrists being cut with a razor. Not dividends.

  • #24,329
  • Aug 14, 2007 3:22pm Aug 14, 2007 3:22pm
I'm loosing you SunTrader
  • #24,330
  • Aug 14, 2007 4:11pm Aug 14, 2007 4:11pm
Quoting cesarnc
Down for the count http://forum.gtarena.net/images/smilies/smiley_rock.gif (Update 2)

Boy, they are falling like flies...

"Thornburg Mortgage Thornburg Mortgage Inc

7.61 -6.67 -46.71%

shares were halted right before the market close after plunging 44% amid concerns about liquidity and a possible dividend cut."
CEO is on CNBC, Larry Goldstone saids there are problems but no intention on filing Chapter 11.

The wave seems to be picking up steam...

free444....9730 could be within striking distance, we are coming to get you..hold on
  • #24,331
  • Aug 14, 2007 4:45pm Aug 14, 2007 4:45pm
Starting off the wednesday trading day (or night) same way down down down.
  • #24,332
  • Aug 14, 2007 4:51pm Aug 14, 2007 4:51pm
you people need to wise up.

this is a cable thread for those of us who are serious as forexs are a serious business.
please off to members lounge if you want to chitter chatter about none that has to do with cable as i am a business minded person who trades forexs for seriously.
BAM BAM BOOM! -bravado
  • #24,333
  • Aug 14, 2007 5:03pm Aug 14, 2007 5:03pm
Quoting bravado
you people need to wise up.

this is a cable thread for those of us who are serious as forexs are a serious business.
please off to members lounge if you want to chitter chatter about none that has to do with cable as i am a business minded person who trades forexs for seriously.
bad day bravado?
  • #24,334
  • Aug 14, 2007 5:23pm Aug 14, 2007 5:23pm
Quoting cesarnc
bad day bravado?
bored..

and don't ask me why.
you already know why.

all expert traders are bored when trading. i read it in a book. so i am too.
i'm legit.

bravado.
a pro.
BAM BAM BOOM! -bravado
  • #24,335
  • Aug 14, 2007 5:27pm Aug 14, 2007 5:27pm
Quoting bravado
bored..

bravado.
a pro.
That's my boy
  • #24,336
  • Aug 14, 2007 5:28pm Aug 14, 2007 5:28pm
did anybody loose today trading cable? looks pretty one way to me.
down down down.

the bears are on the lose!!
BAM BAM BOOM! -bravado
  • #24,337
  • Aug 14, 2007 5:51pm Aug 14, 2007 5:51pm
Quoting bravado
did anybody loose today trading cable? looks pretty one way to me.
down down down.

the bears are on the lose!!
I said last week that either I will kill the cable pair or I'll quit, so I made 1160 pips last week and today I made 1200 pips and I'm still fighting to completely kill it before it kills me, I placed a sell trade @ 1.9970, and I placed an entry order @ 1.9980 but still not executed, and I will place more new orders above 1.9980 if possible, I won't place any order below this figure
  • #24,338
  • Aug 14, 2007 5:53pm Aug 14, 2007 5:53pm
Quoting karmostaji
It's kissing you
So it looks like bonds are going to push bulls into play for the dollar. Anyone see this train reversing anytime soon? I see some pretty aggressive moves on the daily chart, only problem is I'm not hearing anything that would cause a weakening of the dollar. There seems to be a lot of dollar news tomorrow and I'm wondering if it will even matter with the bearish stance on the market. So what do you guys accross the atlantic think. how is the pound doing over there. I can tell you here in the U.S. we are still spending money. We americans don't believe in a savings accounts. I do think that it might last for the month that is the Big D moving down the court and then the swinging back up will happen next month. I would like to see it favor the Pound only for personnal reason like my trades. Lets see where the Asain and English session leave us.
  • #24,339
  • Aug 14, 2007 5:55pm Aug 14, 2007 5:55pm
Quoting bravado
did anybody loose today trading cable? looks pretty one way to me.
down down down.

the bears are on the lose!!
Me

But I'm ready for a bad Minutes tomorrow...

Cut / <BURP> / Reverse / Move on
Attached Image
  • #24,340
  • Aug 14, 2007 6:05pm Aug 14, 2007 6:05pm
“This is unrelated to last week's events,”

“The conference is remarkable for its complacency -- it's a bit like dancing on the Titanic. They're having a very good time and there's a very cheerful atmosphere.”

--Soros

"Everything that happens happens as it should, and if you observe carefully, you will find this to be so."
--Marcus Aurelius

"Man masters nature not by force but by understanding."
--Jacob Brownowski

"Nothing in life is to be feared. It is only to be understood."
--Marie Curie

"Those who understand only what can be explained understand very little."
--Marie von Ebner-Eschenbach

"Understanding is knowing what to do; wisdom is knowing what to do next; virtue is actually doing it."
--Tristan Gylberd

"We can sometimes love what we do not understand, but it is impossible completely to understand what we do not love."
--Anna Jameson

"I respect the man who knows distinctly what he wishes. The greater part of all mischief in the world arises from the fact that men do not sufficiently understand their own aims. They have undertaken to build a tower, and spend no more labor on the foundation than would be necessary to erect a hut."
--Johann Wolfgang von Goethe

"goal after goal. pips after pips, profit after profits."
--bravado

"i know all!"
--bravado

"i did it!"
--bravado

"cha-cha-cha."
--bravado

"Cha-Ching! Cha-Ching!! Cha-Ching!!!"
--bravado
BAM BAM BOOM! -bravado
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