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Cable Update (GBPUSD)

  • #38,001
  • Oct 31, 2007 5:37am Oct 31, 2007 5:37am
Quoting SeekingLight
Not in "that one", but I'm in "another one"...but I can't tell you how annoyed I was yesterday when my 2.0567 long order was left unfilled...by 1 pip :o

And this after I had originally had it at 2.0565 and thought "nah, better add another 1-2 pips, Oanda vs MT4 is always off a little bit"...great

World of good that did lol
I just have GOT to stop cutting things close


Still, showing triple digit pips again, so I calmed down...(Did I mention I got the order to do some of bravados talk in his stead? That's all I'm doing! ;p)

Go Aussie, Go Aussie, It's your Birthday, It's your Birthday

http://www.forexfactory.com/attachme...9&d=1187791231
Just Trade It
  • #38,002
  • Oct 31, 2007 5:38am Oct 31, 2007 5:38am
UK ECON: October Consumer Confidece At -8.0, Lowest Since March London
October 31
Act. Prev.
31Oct 10:30 GBP GfK Indicator ind Oct -8.0 -7.0
Consumer confidence slipped further during October as the summer's financial
turmoil coupled with a rise in borrowing costs dented people's willingness to
spend, a leading pollster found. In its monthly survey, Gfk/NOP said its
headline consumer confidence index fell to -8 from -7 in September. This was in
line with analyst expectations and is the lowest reading since March.
Most notably the survey found that consumers' willingness to make major
purchases has fallen to its lowest level since December 1995, with the sub-index
falling to -5 from -3 in September. "We suspect this to be a knock-on effect of
Christmas just being round the corner, on top of a reluctance to spend large
amounts of money at a time when higher interest rates are beginning to take
effect," said Gfk/NOP spokeswoman Rachel Joy.
However consumers' economic outlook improved slightly during October, with
the index for their assessment of the general economic situation over the next
12 months rising to -17 from -19. Consumers assessment of their personal
financial situation also improved, rising to +13 from +12.
Meanwhile consumers' perception of both the general economic and their
personal financial situation over the last 12 months both slipped slightly. The
retrospective general economic index was down to -30 from -29, and the personal
index fell to +2 from +4. The "now is a good time to save index" remained
unchanged from September at +38. The survey polled 2000 people between Oct 5 and
21. Courtesy of Thomson Financial News
  • #38,003
  • Oct 31, 2007 5:41am Oct 31, 2007 5:41am
word of advice, if your holding long i will take some of my profit off the table and let the other run it course.
If I Go Broke Trying Then I Will die happy.
  • #38,004
  • Oct 31, 2007 6:16am Oct 31, 2007 6:16am
others at breakeven that is, if your up 75+ pips.
If I Go Broke Trying Then I Will die happy.
  • #38,005
  • Oct 31, 2007 6:19am Oct 31, 2007 6:19am
Quoting SeekingLight
Not in "that one", but I'm in "another one"...but I can't tell you how annoyed I was yesterday when my 2.0567 long order was left unfilled...by 1 pip :o

And this after I had originally had it at 2.0565 and thought "nah, better add another 1-2 pips, Oanda vs MT4 is always off a little bit"...great

World of good that did lol
I just have GOT to stop cutting things close


Still, showing triple digit pips again, so I calmed down...(Did I mention I got the order to do some of bravados talk in his stead? That's all I'm doing! ;p)


LOL
  • #38,006
  • Oct 31, 2007 6:52am Oct 31, 2007 6:52am
Where is everybody? Look, just because there is a fed statement today is no reason to go hiding in your bomb shelter, You can come out now there is no reason to be afraid.
If you are afraid then just dont trade until tomorrow
trust me it's safe to come out
Just Trade It
  • #38,007
  • Oct 31, 2007 7:01am Oct 31, 2007 7:01am
Quoting Big Wave Rider
Where is everybody? Look, just because there is a fed statement today is no reason to go hiding in your bomb shelter, You can come out now there is no reason to be afraid.
If you are afraid then just dont trade until tomorrow
trust me it's safe to come out
well i am scalping 10-12pip range,..just waiting to pull back to reenter,..wtf i love days like this...
its just money
  • #38,008
  • Oct 31, 2007 7:07am Oct 31, 2007 7:07am
Quoting Big Wave Rider
Where is everybody? Look, just because there is a fed statement today is no reason to go hiding in your bomb shelter, You can come out now there is no reason to be afraid.
If you are afraid then just dont trade until tomorrow
trust me it's safe to come out
.....with all these news coming + Hiroshima bomb from the FED,i better stay out!
  • #38,009
  • Oct 31, 2007 7:14am Oct 31, 2007 7:14am
Quoting Big Wave Rider
Where is everybody? Look, just because there is a fed statement today is no reason to go hiding in your bomb shelter, You can come out now there is no reason to be afraid.
If you are afraid then just dont trade until tomorrow
trust me it's safe to come out
LOL... I think there is nothing to be said here before the statement heheh... Wave count? fibonacci? Overbought RSI?

Bernanke farts and all those techs are invalidated...

Time to wait in the bomb shelter... Or, go to check out on the ladies in the coffeshop like I'm sooo doing in 30 min
  • #38,010
  • Oct 31, 2007 7:28am Oct 31, 2007 7:28am
Quoting Big Wave Rider
Where is everybody? Look, just because there is a fed statement today is no reason to go hiding in your bomb shelter, You can come out now there is no reason to be afraid.
If you are afraid then just dont trade until tomorrow
trust me it's safe to come out

I found a cave to go in, but Osama Bin Laden was all ready there! lol
  • #38,011
  • Oct 31, 2007 7:30am Oct 31, 2007 7:30am
Yes.. that's my baby..
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,012
  • Oct 31, 2007 7:42am Oct 31, 2007 7:42am
what next
  • #38,013
  • Oct 31, 2007 7:43am Oct 31, 2007 7:43am
sounds like somebody short
If I Go Broke Trying Then I Will die happy.
  • #38,014
  • Oct 31, 2007 7:45am Oct 31, 2007 7:45am
Quoting Moe
sounds like somebody short
good USD news
Trade what you see, not what you think.
  • #38,015
  • Oct 31, 2007 7:47am Oct 31, 2007 7:47am
U.S economy grows 3% in the last quarter

Good news is bad news
could this be when the dollar starts to gain some strength?
Just Trade It
  • #38,016
  • Oct 31, 2007 7:52am Oct 31, 2007 7:52am
Quoting Moe
sounds like somebody short
I'm short bro from 2.0735
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,017
  • Oct 31, 2007 7:58am Oct 31, 2007 7:58am
Chicago PMI is better than the forecast and last one... So Dollar strength is inevitable with .25 interest rate cut later tonight.
  • #38,018
  • Oct 31, 2007 8:01am Oct 31, 2007 8:01am
Analysts say the dollar could gain modestly if the Fed meets expectations Wednesday with a quarter-point cut, as this might induce profit-taking on overly bought short-dollar positions, which are bets that the dollar will fall. The dollar also could advance some if the Fed were to surprise the market by leaving rates unchanged, as this would be a show of confidence by the Fed. It would also keep intact the U.S.'s current yield advantage over the euro and other currencies.
If I Go Broke Trying Then I Will die happy.
  • #38,019
  • Oct 31, 2007 8:02am Oct 31, 2007 8:02am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting Bernanke_Sr
Chicago PMI is better than the forecast and last one... So Dollar strength is inevitable with .25 interest rate cut later tonight.
Why USD will gain strength when there is a cut???

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #38,020
  • Oct 31, 2007 8:04am Oct 31, 2007 8:04am
im long, it still has strenght, and if 700 holds,..that would be nice
its just money
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