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Cable Update (GBPUSD)

  • #34,141
  • Oct 5, 2007 1:37am Oct 5, 2007 1:37am
Quoting Big Wave Rider
Dont listen to him you can say white, black, yellow, red what ever.
Its too damm long to type "european ancestrial immigrated white caucassion"
Fool, shut the hell up, your white. And so am I, this whole P.C crap is way out of control.
Guys the main thing is the balance of the account and what the heck the GU wants to do isnt it? We are here helping each other and discussing trades/prices. No?
.
  • #34,142
  • Oct 5, 2007 1:45am Oct 5, 2007 1:45am
Quoting Big Wave Rider
Dont listen to him you can say white, black, yellow, red what ever.
Its too damm long to type "european ancestrial immigrated white caucassion"
Fool, shut the hell up, your white. And so am I, this whole P.C crap is way out of control.
Quoting bullrock
Guys the main thing is the balance of the account and what the heck the GU wants to do isnt it? We are here helping each other and discussing trades/prices. No?


Also, please don't feel you need to add 'and gals' to your 'hey guys...' posts
Cable is my sugardaddy
  • #34,143
  • Oct 5, 2007 1:50am Oct 5, 2007 1:50am
Quoting bullrock
Guys the main thing is the balance of the account and what the heck the GU wants to do isnt it? We are here helping each other and discussing trades/prices. No?

Since when did we start discussing trades and prices?
It must of happend while I was away.
Just Trade It
  • #34,144
  • Oct 5, 2007 1:51am Oct 5, 2007 1:51am
Quoting bullrock
Guys the main thing is the balance of the account and what the heck the GU wants to do isnt it? We are here helping each other and discussing trades/prices. No?
yea, lets talk about GU, anything off the topic can be really crappy, God bless us all black, white, red, yellow with equal amount of pips

CHOW
Hello World!
  • #34,145
  • Oct 5, 2007 2:24am Oct 5, 2007 2:24am
Quoting bohogirl

I know a lot of people are in trouble because of frivolous spending, monstrous SUVs and Hummers, 60-inch plasma TVs, etc, but, honestly, the great majority of us are in debt simply because we had no other choice (well, other than moving to Honduras or Uganda, where we wouldn't be able to get a job anyways, so same difference).
Something's definitely got to give, and whichever way you slice it, it's not going to be pretty for the dollar

EDIT: lol, I guess I did end up passing judgment on the direction of the dollar
Hi bohogirl.

The situation you describe mirrors mine even though I'm a South African teacher.Ironically, I haved moved to a third world country in North Africa for better remuneration and believe it or not, safety and security and where you can live with all the convenience you're used to coming from a more 'developed' economy.I suppose the old adage for developing countries holds true in the recent sub-prime fiasco, "when the US sneezes, everyone else, besides the Indians and the Chinese, catches pneumonia". The world is truly a global village now and many people are looking to take advantage of that. The big thing is though, yes the $ is in trouble, but when it all spreads, and sooner or later it will, what will the $ be falling against when most other currencies will be in the same boat?? The only sanity that prevails and that we can all fall back on is to go by what the charts are telling us, I guess.
  • #34,146
  • Oct 5, 2007 2:39am Oct 5, 2007 2:39am
Quoting Doji Star
when the US sneezes, everyone else, besides the Indians and the Chinese, catches pneumonia.
nice n hilarious, certainly amusing, but I wish not to discuss the technicals behind Indian financial markets in public.

Quote
The world is truly a global village now and many people are looking to take advantage of that.

yea, the world is flat now, 2nd n 3rd world are getting advantage.
Quote
The big thing is though, yes the $ is in trouble, but when it all spreads, and sooner or later it will, what will the $ be falling against when most other currencies will be in the same boat??

$ falling means other currencies are rising, there is no way both euro n USD appreciate against each other, lolz no tug of war
Quote
The only sanity that prevails and that we can all fall back on is to go by what the charts are telling us, I guess.

better get back to biz :-)
Hello World!
  • #34,147
  • Oct 5, 2007 2:58am Oct 5, 2007 2:58am
What do you think about the non farm today?

a.) less then 100k
b.) 100k
c.) more then 100k

market will act like;
a.) less then 100k
b.) 100k
c.) more then 100k

please vote...
its just money
  • #34,148
  • Oct 5, 2007 3:05am Oct 5, 2007 3:05am
Quoting de123
What do you think about the non farm today?

a.) less then 100k
b.) 100k
c.) more then 100k

market will act like;
a.) less then 100k
b.) 100k
c.) more then 100k

please vote...
Yeah, I kinda agree with you - I think NFP will be slightly more than 100k, but market will act like it was less than 100k.
I'm not even sure I'm going to get up for it (ok, I'm lying - of course I'll get up for it, but the thought did cross my mind)
Cable is my sugardaddy
  • #34,149
  • Oct 5, 2007 3:07am Oct 5, 2007 3:07am
yeah,..and now imagine we see 75k...
its just money
  • #34,150
  • Oct 5, 2007 3:11am Oct 5, 2007 3:11am
Non-Farm Payroll to Rock the Forex Markets

The highly anticipated US non-farm payroll report is expected to show a rebound in the job market by adding 100k jobs in Sep, which is significantly better than Aug's -4k contraction, first decline since 2003. Recent data are mostly supporting such expectations. Employment component of both the ISM Manufacturing and Non-Manufacturing report recovered, in particular with that in the Non-manufacturing report up from contraction reading in Aug to expansion reading above 50 in Sep. Challenger report also showed job cut announcements edged down from 79k to 71k. Four weeks moving average of jobless claims dropped from 324k to 311. However, even though the private ADP employment report, which serves as preview to NFP, rose from 38k to 58k. Adding around 20k average deviation, the ADP suggests that NFP could be in the region of 80k only which will be below expectation. But after all, even if the data comes in as expected, the total job growth in Q3 will add up to be 168k (100k, -4k, 68k) only, which is significantly lower than Q2's 379k and Q1's 472k. The trend is still down.
In addition to the headline number for September, markets will also look into revision to Aug's -4k figure which will could significantly change the total job growth in Q3. Unemployment rate which bottomed at 4.4% in Mar is expected to stay at 4.6%. But some economics expects that this figure could edge up from 4.6% to 4.7%. It is important to note that there are many combinations of possible outcomes to the headline number in Sep, revision to Aug and change in unemployment rate. Much volatility could be seen, even with sharp intraday reversal, in case of large conflicts in the details.
  • #34,151
  • Oct 5, 2007 3:12am Oct 5, 2007 3:12am
Quoting de123
What do you think about the non farm today?

a.) less then 100k
b.) 100k
c.) more then 100k

market will act like;
a.) less then 100k
b.) 100k
c.) more then 100k

please vote...

I don't trade news, never, BUT I do watch these events and see if they r brining any action, since I love to see movement. On top of this today is friday and each time I try to play on fridays, I have only incurred losses of decent size, so I would better just wait and watch. Hope I'm able to control my impulses today by not trading.
Hello World!
  • #34,152
  • Oct 5, 2007 3:15am Oct 5, 2007 3:15am
I tend to agree with the analysis on NFP, but anything is possible
  • #34,153
  • Oct 5, 2007 3:41am Oct 5, 2007 3:41am
Btw, to briefly go back to 'Americans are living on credit', how about the expectations for Consumer Credit - 10b vs 7.5b last month
Not a market mover, but kinda fitting to our earlier discussion
Cable is my sugardaddy
  • #34,154
  • Oct 5, 2007 3:48am Oct 5, 2007 3:48am
I just plain say that
LONG GU LONG
.
  • #34,155
  • Oct 5, 2007 3:51am Oct 5, 2007 3:51am
Quoting bohogirl
Btw, to briefly go back to 'Americans are living on credit', how about the expectations for Consumer Credit - 10b vs 7.5b last month
Not a market mover, but kinda fitting to our earlier discussion
I assume its the lower n middle class there which falls in this category, apparently the majority there. What do you think of upper class there ? Are they also taking more n more loans ? I hope not.
Hello World!
  • #34,156
  • Oct 5, 2007 3:51am Oct 5, 2007 3:51am
Quoting bohogirl
Btw, to briefly go back to 'Americans are living on credit', how about the expectations for Consumer Credit - 10b vs 7.5b last month
Not a market mover, but kinda fitting to our earlier discussion
hm...this is harder, i gues above 10b, aprox 12-14 and u?...
its just money
  • #34,157
  • Oct 5, 2007 3:53am Oct 5, 2007 3:53am
Quoting bullrock
I just plain say that
LONG GU LONG
man, where have u been ? I think I miss you like I miss my GF, never mind.
I thought u had little or no time for watching trades.

whatever just keep around and keep posting, I feel like in company.

cheers :-)
Hello World!
  • #34,158
  • Oct 5, 2007 3:57am Oct 5, 2007 3:57am
Quoting ClockTrader
man, where have u been ? I think I miss you like I miss my GF, never mind.
I thought u had little or no time for watching trades.

whatever just keep around and keep posting, I feel like in company.

cheers :-)
No worries CT... I am here, I will be here, I am not gonna let you down... Yeah I went to bed I've slept for 10 hours or so... This weekly/daily is less stressfull...
How r u my friend...
.
  • #34,159
  • Oct 5, 2007 3:58am Oct 5, 2007 3:58am
Now I can support 100+ swings easily... I am shooting for 500-800 pips...
GO BIG OR GO HOME
.
  • #34,160
  • Oct 5, 2007 3:58am Oct 5, 2007 3:58am
Quoting de123
hm...this is harder, i gues above 10b, aprox 12-14 and u?...

I have a feeling that everybody is looking for $ strenght and not reacting to $ negatives,
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