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Cable Update (GBPUSD)

  • #37,781
  • Oct 29, 2007 1:03pm Oct 29, 2007 1:03pm
good bye dollar, bye bye miss american pie those good old boys drinking wiskey and rye saying this will be the day dollar die.
If I Go Broke Trying Then I Will die happy.
  • #37,782
  • Oct 29, 2007 1:31pm Oct 29, 2007 1:31pm
Quoting leachimeewg
That case, our bull here must be on steroids..


http://www.t-nation.com/img/photos/195bbpic.jpg


I like my steak tender, errr.. I mean rock solid and "juicy"
Just Trade It
  • #37,783
  • Oct 29, 2007 1:36pm Oct 29, 2007 1:36pm
Quoting benssol
do you monitor the Loonies

I luv those pairs


u mean looniey tooniey.......oh i love that cartoon........
I Deeply Love My Virtual Life In Virtual World , RLC
  • #37,784
  • Oct 29, 2007 1:37pm Oct 29, 2007 1:37pm
We have to be patient.

The good news is Fed has an enormous screwup potential. We will be very far from 0600 in 48 hours...
  • #37,785
  • Edited 2:02pm Oct 29, 2007 1:45pm | Edited 2:02pm
Look after the shop for me while I am gone...

Emigrating to Florida next Monday the 5th so on radio silence until the 12th November (I mean November12)

My broker keeps telling me to buy more USD from him NOW as its about to go to 1.98

He will say anything for a sale but my house isnt sold (since april) and today I went to 3 car dealers to sell my car and the buyers would not even come to the front desk ! (1 owner from new, full service history and low mileage)..this is what's called a leading indicator chaps and the UK is really staggering - you won't see it in the stats for months perhaps but the US is not alone in this pregnant recession - that doesnt mean UK interest rates will dip but surely a crumbling economy can't sustain a strong currency - or can it...

seen stranger things
  • #37,786
  • Oct 29, 2007 1:47pm Oct 29, 2007 1:47pm
Quoting cesarnc
We have to be patient.

The good news is Fed has an enormous screwup potential. We will be very far from 0600 in 48 hours...

Yes they do
Just Trade It
  • #37,787
  • Oct 29, 2007 1:56pm Oct 29, 2007 1:56pm
Quoting allserene
Look after the shop for me while I am gone...

Emigrating to Florida next Monday the 5th so on radio silence until the 12th November (I mean November12)
hehhehehehehe...coming to Florida buddy....hope you are ready for the hurricane season...its not over yet
For he that would be deceived, let him.
  • #37,788
  • Oct 29, 2007 1:58pm Oct 29, 2007 1:58pm
Quoting pinchapip
hehhehehehehe...coming to Florida buddy....hope you are ready for the hurricane season...its not over yet





Dont forget all the NASCAR loving rednecks.
Just Trade It
  • #37,789
  • Oct 29, 2007 2:10pm Oct 29, 2007 2:10pm
Quoting Big Wave Rider



Dont forget all the NASCAR loving rednecks.
heheheheh...it depends on where you live here. I live in Davie....plenty of rednecks, but in general one will feel more like they're living in Cuba than in an American southern state. And by the way the very south of Florida does not speak with a southern accent at all. For a really nice, old fashioned, southern accent, one must drive at least 200 miles north !!!! Pretty paradoxical...huh... ?!?!
For he that would be deceived, let him.
  • #37,790
  • Oct 29, 2007 2:18pm Oct 29, 2007 2:18pm
This is a 10 year chart
Gbp/Usd
( Weekly bars)
-------------------------------------
-If you believe that oil is going to $100 a barrel then the
British Pound should push its through this upper blue resistance line

Price is in a massive Rising Channel Formation !

-------------------------------------------------------
5 CLEAR WAVES IN PROGRESS
--------------------------------------
( Double click on chart to enlarge )
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-10-26-2007-#3.gif Size: 19 KB
  • #37,791
  • Oct 29, 2007 2:24pm Oct 29, 2007 2:24pm
Quoting Big Wave Rider



Dont forget all the NASCAR loving rednecks.
I have had my lips surgically sealed so I don't mention junky old Harley's or cars going round in counter clockwise circles so I should be ok for a while until the stitches melt...
Hurricanes ? I flick ice cubes down the T shirts of hurricanes. I used to play second row at rugby so I know all about 200mph wind going past my ears.
Just writing to my spreadbet people to say we are going to jail if they dont close my account as its illegal in the land of the free. Have to find a new way of betting on shares (sorry, investing in our capital markets).
Feel edgy about 2.06 as I think we are hanging on the euro's coat tails - I would whack a huge short on at 2.10 and buy another wodge at 2.07.
Hope I never have to come back to what was england because the dollars I have bought won't buy me a rabbit hutch at this rate.
  • #37,792
  • Oct 29, 2007 3:05pm Oct 29, 2007 3:05pm
Hello my friends. Does anybody believe in a retracement from were we are ?
  • #37,793
  • Oct 29, 2007 3:07pm Oct 29, 2007 3:07pm
Quoting southtrader
Hello my friends. Does anybody believe in a retracement from were we are ?
You mean if it can go SOUTH ?? TRADER !!!!!
For he that would be deceived, let him.
  • #37,794
  • Oct 29, 2007 3:46pm Oct 29, 2007 3:46pm
Looks as good a place as any to try a short
0635 SL just over the daily hi target Lord only knows
"Millionaires don't use astrology, billionaires do"
  • #37,795
  • Oct 29, 2007 4:33pm Oct 29, 2007 4:33pm
Freaky spike down on GBP/USD
  • #37,796
  • Oct 29, 2007 5:22pm Oct 29, 2007 5:22pm
Quoting southtrader
Freaky spike down on GBP/USD
Don't let anything freak you out, the world is full of darn freaks, you just have to outfreak them, and if you can't then just wait until Wednesday when the real freakishness will begin. That said, anybody trading GBPUSD right this moment must surely be crazy. And freaky.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #37,797
  • Oct 29, 2007 5:44pm Oct 29, 2007 5:44pm
Well, we can't let this lackluster (to be polite and say the least) session mislead us.

This is the $100 oil / $800 gold week. God knows what's for the currencies, specially euro at this extreme level...

Add Halloween and Bernanke to the preparation and ERs downtown Manhattan are going to get busy pretty quickly.
  • #37,798
  • Oct 29, 2007 6:22pm Oct 29, 2007 6:22pm
Quoting cesarnc
Well, we can't let this lackluster (to be polite and say the least) session mislead us.

This is the $100 oil / $800 gold week. God knows what's for the currencies, specially euro at this extreme level...

Add Halloween and Bernanke to the preparation and ERs downtown Manhattan are going to get busy pretty quickly.
Well, 1.4440 has been rejected twice now on EURUSD. I'm getting bored and might short the bastard. SL on the high. Life is never easy.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #37,799
  • Oct 29, 2007 6:35pm Oct 29, 2007 6:35pm
My longs are gettting nervous in euro and aussie
Just Trade It
  • #37,800
  • Oct 29, 2007 6:40pm Oct 29, 2007 6:40pm
went long at 2.0607 t/p 2.0750 s/l 2.0507
If I Go Broke Trying Then I Will die happy.
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