A. Finesse Williams
Making Millions One Pip At A Time!
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Quoting shahfxDislikedIm a banker,my company(bank) make a lot of money including myself on Monthly bases..Ignored
Quoting afemi94ceDislikedDid anyone notice that this current dollar dive took place right after the most recent meeting of the world's top central banks a couple of weeks ago? The meeting out of which NO NEWS ever comes?
China put the spook into everyone and now it's all panic time and the death of the dollar. I do believe, to parahrase Mark Twain, the reports of its death are greatly exaggerated.
Someone is being taught a lesson. We speculators are just the beneficiaries of it.
AFFIgnored
Quoting Tiki TraderDislikedWell actually I see the trend pretty much started around april 3 2006... if I had only traded a $10 / pip long then, and kept it until now...
Look at daily back until then... and well, the truth is that thet upward GBP has been a long time...
But sometimes I use a 5-13-62 ema crossover system... and if you look back until about April 3 of this year... it has been a classic Rob Booker 5-13-62 trend on the daily...Ignored
Quoting mtcdavsDislikedI suspect, AFF, you are probably on to something here. Other reports burried in news web sites suggest the dollar isn't hurt as bad as people are making it out to be. So, is China being set up for a big upswing in it's currency? There were further rumors of China selling off it's US Dollar holdings but, as I can see, hasn't happened. Also, EUR/JYP has been making some interesting moves in the mist of all of this as well. Only, the spread on that pair was to scary for me to trade. To be truthful, who knows??? I'll just continue to hold to my short on the EUR and see what happens. What else can we do, right???
As Aswelled was saying above, just follow the trend and trade as the markets tell you. People have been analyzing all these moves to death but, the price keeps moving, one way or another. What else can be said???Ignored
Quoting goodthingsDislikedOn the average the distance between the high and low of the day for the pound is 134 pips. So currently the high for this day is 1.9813 if that stays that way you could short the pound dolll target of 1.9679. The current low for the days is 1.9760 if you bought the pound and went long your target would be some where in the neighborhood of 1.9094.Ignored