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Cable Update (GBPUSD)

  • #26,001
  • Aug 21, 2007 10:04am Aug 21, 2007 10:04am
Pinchapip

Very good reading

Thanks
Johann Channels and cycles are everything
  • #26,002
  • Aug 21, 2007 10:08am Aug 21, 2007 10:08am
Quoting Tragapips
Pinchapip

Very good reading

Thanks
Welcome buddy...I was afraid of posting something so HUGE here...but after reading it......I realized that everybody should read and be aware of how the MACHINE works too...
For he that would be deceived, let him.
  • #26,003
  • Aug 21, 2007 10:08am Aug 21, 2007 10:08am
Quoting pinchapip
HUGE post here guys....but worth every word !!!!!!
..
interesting. appreciate the article pinchapip.
BAM BAM BOOM! -bravado
  • #26,004
  • Aug 21, 2007 10:12am Aug 21, 2007 10:12am
Nothing from Bernanke:

Today 11:05am
No comments from Fed's Bernanke or US Tsy Sec Paulson after meeting with Senator Dodd
Johann Channels and cycles are everything
  • #26,005
  • Aug 21, 2007 10:17am Aug 21, 2007 10:17am
I dont care about Barnake, news, primebrokers, mortgage crap.... I want GU down...
.
  • #26,006
  • Aug 21, 2007 10:17am Aug 21, 2007 10:17am
Quoting hodoman
newbie question: logically speaking, how should a rate cut influence the cable?
Thanks!
good, i guess, each news that come from US is bad for dollar, except when its overbought heavilly, then no news cant help it to go down....

*DODD: FED, TREASURY NEED TO USE `ALL TOOLS' TO HELP MARKETS *DODD MAKES COMMENTS AFTER MEETING WITH BERNANKE IN WASHINGTON *DODD SAID GOVERNMENT NEEDS TO USE ALL TOOLS AT ITS DISPOSAL *DODD SAYS MEETING WITH BERNANKE, PAULSON `POSITIVE' *DODD SAYS ITS `IMPORTANT TO BE VIGILANT' *DODD SPEAKS TO REPORTERS IN WASHINGTON *SENATOR DODD COMMENTS AFTER MEETING WITH BERNANKE, PAULSON
15:11
Dodd continued: *U.S. SHOULD DO `EVERYTHING NECESSARY' ON FORECLOSURES *U.S. AT 37-YEAR HIGH ON FORECLOSURES, DODD SAYS *DODD SAYS FED HAS `ACTED RESPONSIBLY', PRAISES AUG. 17 MOVE *DODD URGES BANKS TO TAKE ADVANTAGE OF DISCOUNT WINDOW LENDING *U.S. SHOULD LIFT PORTFOLIO CAPS AT FANNIE MAE, DODD SAYS

Id DOOD republican or democrat??
its just money
  • #26,007
  • Aug 21, 2007 10:20am Aug 21, 2007 10:20am
Futures Desk: WTI Crude breaks through support at $70.00 with ease, as Hurricane Dean weakens. Expect more losses throughout todays session.
66 on the way...i think its not wise to be long in oil if Dean weakens...last year there was a big drop in oil, in these 2 month.
its just money
  • #26,008
  • Aug 21, 2007 10:22am Aug 21, 2007 10:22am
Quoting de123
good, i guess, each news that come from US is bad for dollar, except when its overbought heavilly, then no news cant help it to go down....

*DODD: FED, TREASURY NEED TO USE `ALL TOOLS' TO HELP MARKETS *DODD MAKES COMMENTS AFTER MEETING WITH BERNANKE IN WASHINGTON *DODD SAID GOVERNMENT NEEDS TO USE ALL TOOLS AT ITS DISPOSAL *DODD SAYS MEETING WITH BERNANKE, PAULSON `POSITIVE' *DODD SAYS ITS `IMPORTANT TO BE VIGILANT' *DODD SPEAKS TO REPORTERS IN WASHINGTON *SENATOR DODD COMMENTS AFTER MEETING WITH BERNANKE, PAULSON
15:11
Dodd continued: *U.S. SHOULD DO `EVERYTHING NECESSARY' ON FORECLOSURES *U.S. AT 37-YEAR HIGH ON FORECLOSURES, DODD SAYS *DODD SAYS FED HAS `ACTED RESPONSIBLY', PRAISES AUG. 17 MOVE *DODD URGES BANKS TO TAKE ADVANTAGE OF DISCOUNT WINDOW LENDING *U.S. SHOULD LIFT PORTFOLIO CAPS AT FANNIE MAE, DODD SAYS

Id DOOD republican or democrat??
How do you know it is overbought?? Because an oscillator type indicator tells you that what ypou want to believe??? Well. I do not know... What if stays overbought for an extended period of time... Whatever..
.
  • #26,009
  • Aug 21, 2007 10:24am Aug 21, 2007 10:24am
Quoting bullrock
How do you know it is overbought?? Because an oscillator type indicator tells you that what ypou want to believe??? Well. I do not know... What if stays overbought for an extended period of time... Whatever..
Oh remember the historical data stuff from that huge post??? What if the level of averbought changes from 80 to 130??
.
  • #26,010
  • Aug 21, 2007 10:24am Aug 21, 2007 10:24am
Quoting bullrock
How do you know it is overbought?? Because an oscillator type indicator tells you that what ypou want to believe??? Well. I do not know... What if stays overbought for an extended period of time... Whatever..
i meant levels when we were at 2.0600, whatever...its still 20-25 days till fresh buy...anyway.
its just money
  • #26,011
  • Aug 21, 2007 10:27am Aug 21, 2007 10:27am
Dodd is like you, a Democrat.
  • #26,012
  • Aug 21, 2007 10:31am Aug 21, 2007 10:31am
I will call Russian investors with their huge oil reserves to buy USD and sell GBP so they can buy undepriced properties and shares in the US..
.
  • #26,013
  • Aug 21, 2007 10:32am Aug 21, 2007 10:32am
Uk properties are overvalued so there you go.
.
  • #26,014
  • Aug 21, 2007 10:49am Aug 21, 2007 10:49am
God I hate days like this. I am out for the rest of the day
Tommorow better do something and go somewhere other
than this sideways bullsh"t.
Just Trade It
  • #26,015
  • Aug 21, 2007 11:03am Aug 21, 2007 11:03am
Quoting Big Wave Rider
God I hate days like this....
just wait... 12:30 pm EST and/or 3:45 pm EST... you will get some movement.
  • #26,016
  • Aug 21, 2007 11:17am Aug 21, 2007 11:17am
The trend is UP
.
  • #26,017
  • Aug 21, 2007 11:18am Aug 21, 2007 11:18am
The trend is DOWN
.
  • #26,018
  • Aug 21, 2007 11:18am Aug 21, 2007 11:18am
The trend is AHEAD
.
  • #26,019
  • Aug 21, 2007 11:19am Aug 21, 2007 11:19am
still aiming down i suppose?
give me my pips back...
  • #26,020
  • Aug 21, 2007 11:22am Aug 21, 2007 11:22am
the trend is sidways
Just Trade It
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