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Cable Update (GBPUSD)

  • #24,941
  • Aug 16, 2007 5:34am Aug 16, 2007 5:34am
Quoting kiranu
From the news :

Despite the rise in retail sales, there was evidence of widespread discounting, suggesting that it was price cuts and not a steadfast willingness to spend which drew shoppers.

"The headline figures are obviously stronger than market expectations, but it's the falling prices which have led consumers to go out shopping and the question is whether this momentum can be maintained," said Jeavon Lolay at Lloyds TSB.

"Conditions must be tough for retailers to cause such price cuts," he said, adding that people are mainly looking for bargains.

is the number good? i dont think so... think more complex guys.
Dont believe him - he is just echoing what allserene said on the previous page.... and you know he is just bored and blowing hot air haha !
  • #24,942
  • Aug 16, 2007 5:34am Aug 16, 2007 5:34am
Quote
Originally Posted by SeekingLight http://forexfactory.com/images/buttons/viewpost.gif
Looking for 230.60 GJ and if not then I'm gonna go cry in a corner. Just reshorted 234 to that effect. If I mentioned 227 and 222 then people would just call me insane so I'm not gonna.


227 anyone?


Quoting SeekingLight
Low printed before going to bed: 230.84. Someone do the last push please.


Thanks for selling them stocks folks, DJI closed at 12.861 here

99% chance of cable closing below them daily TLs, if so, R.I.P.

N8N8 =)





Ca-CHINGALING.
Trust price. Know yourself.
  • #24,943
  • Aug 16, 2007 5:34am Aug 16, 2007 5:34am
Europe crashing, carries unwinding...

I shorted the living hell out of GJ (228) and UJ (115.90)

I don't think complex. Too much time spent here thinking fast

BTW, stopped out on my GU...
  • #24,944
  • Aug 16, 2007 5:35am Aug 16, 2007 5:35am
wtf??????
  • #24,945
  • Aug 16, 2007 5:37am Aug 16, 2007 5:37am
what The Huck Is That?????
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #24,946
  • Aug 16, 2007 5:38am Aug 16, 2007 5:38am
Quoting abulsaid
what The Huck Is That?????
THE QUESTION IS WHY THE HUCK THIS IS HAPPENING?????
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #24,947
  • Aug 16, 2007 5:38am Aug 16, 2007 5:38am
Well, that was a swift 900 pips.
Trust price. Know yourself.
  • #24,948
  • Aug 16, 2007 5:39am Aug 16, 2007 5:39am
just an thought from dailyfx+

Downside pressures continue and shorts are in play from overnight. 1.9820 is close intraday and although hourly studies are oversold a further push south to the 1.9800 mark is not ruled out. Daily trend studies as well are overdone but show no sign of bouncing as yet. Stick with the trade for a 1.9745 target. Stops above 1.9890. (AS) 08:52 GMT

that is what has me thinking 1.9700 move is likely. What are your thoughts?
Fear is the mind killer.
  • #24,949
  • Aug 16, 2007 5:40am Aug 16, 2007 5:40am
Quoting cesarnc
wtf??????
Are the two of us thinking of add some longs??
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #24,950
  • Aug 16, 2007 5:42am Aug 16, 2007 5:42am
They say noobs can trade a bull market, but only the skilled can trade a bear one..... Says alot about some of you.
  • #24,951
  • Aug 16, 2007 5:43am Aug 16, 2007 5:43am
Quoting abulsaid
Are the two of us thinking of add some longs??
Not yet... I'm making my mind on US session about that.

Something big just hit the market. Coz that was too fast and the stock market is off the lows. But the news didn't hit the wires yet...

I banked 300 pips in 1 minute. Another trade rolling locking 150.

I'm bound to add to shorts instead as soon as I figure this out.
  • #24,952
  • Aug 16, 2007 5:46am Aug 16, 2007 5:46am
Quoting cesarnc
Coz that was too fast and the stock market is off the lows.
Odd, mine just lost critical s/r....funny how the feeds differ ;p
Trust price. Know yourself.
  • #24,953
  • Aug 16, 2007 5:47am Aug 16, 2007 5:47am
Quoting cesarnc
Not yet... I'm making my mind on US session about that.

Something big just hit the market. Coz that was too fast and the stock market is off the lows. But the news didn't hit the wires yet...

I banked 300 pips in 1 minute. Another trade rolling locking 150.

I'm bound to add to shorts instead as soon as I figure this out.
the tick chart is driving me crazy,,,, 3-5 pips in each tick,,, it looks like the key players are playing forex 2007 online game.
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #24,954
  • Aug 16, 2007 5:48am Aug 16, 2007 5:48am
Quoting SeekingLight
Odd, mine just lost critical s/r....funny how the feeds differ ;p
Damn it... I'm looking at the stoxx 50 website, delayed 15 minutes

Countries can disappear in 15 minutes...

What is your feed?
  • #24,955
  • Aug 16, 2007 5:50am Aug 16, 2007 5:50am
YYYEEEEHHAAAA.. FED is cutting soon

" Aug. 16 (Bloomberg) -- William Poole, president of the St. Louis Federal Reserve Bank, said the subprime mortgage rout doesn't threaten U.S. economic growth, and only a ``calamity'' would justify an interest-rate cut now."

Pool and Paulson on the wires today... There's something cooking

Stopped out in my GJ (another 150) and UJ (100). Back later.
  • #24,956
  • Aug 16, 2007 5:53am Aug 16, 2007 5:53am
Quoting cesarnc
What is your feed?


Northfinance. Live DAX and DJI / S&P futures.
Trust price. Know yourself.
  • #24,957
  • Aug 16, 2007 5:53am Aug 16, 2007 5:53am
Lonh JU @ 114.000
.
  • #24,958
  • Aug 16, 2007 5:54am Aug 16, 2007 5:54am
Quoting bullrock
Lonh JU @ 114.000
I wanted earlier but thi sdamn platform was freezing
.
  • #24,959
  • Aug 16, 2007 5:54am Aug 16, 2007 5:54am
meanwhile...carry trade going CRAZY !!!!!
For he that would be deceived, let him.
  • #24,960
  • Aug 16, 2007 5:55am Aug 16, 2007 5:55am
Quoting cesarnc
YYYEEEEHHAAAA.. FED is cutting soon

" Aug. 16 (Bloomberg) -- William Poole, president of the St. Louis Federal Reserve Bank, said the subprime mortgage rout doesn't threaten U.S. economic growth, and only a ``calamity'' would justify an interest-rate cut now."

Pool and Paulson on the wires today... There's something cooking

Stopped out in my GJ (another 150) and UJ (100). Back later.
F*#$ them, man they are killing me,,, take a look at m1 chart, it's like a scribble of a 4 years old boy.
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
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