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Cable Update (GBPUSD)

  • #38,381
  • Nov 2, 2007 5:40am Nov 2, 2007 5:40am
There is the precursor for the future, i already see massive investments being built here in Maine, tons of heavy construction, give it a month so or maybe now this whole economic debacle reverses.
"Millionaires don't use astrology, billionaires do"
  • #38,382
  • Nov 2, 2007 5:41am Nov 2, 2007 5:41am
950 is comming
If I Go Broke Trying Then I Will die happy.
  • #38,383
  • Nov 2, 2007 5:41am Nov 2, 2007 5:41am
Nothing changed. Good news is bad news

Seen dollar soaring 80 pips agains all pairs with less than that.... Good old days
  • #38,384
  • Nov 2, 2007 5:42am Nov 2, 2007 5:42am
Euro will tell ya that this is a joke
.
  • #38,385
  • Nov 2, 2007 5:44am Nov 2, 2007 5:44am
Quoting bullrock
Euro will tell ya that this is a joke
so gbp/usd is just bullshiting us.
If I Go Broke Trying Then I Will die happy.
  • #38,386
  • Nov 2, 2007 5:46am Nov 2, 2007 5:46am
wtf!?!???? dolar is sold after good news.
WHY?

p.s. hey look i made it to #666.
Nihil Sine Deo.
  • #38,387
  • Nov 2, 2007 5:47am Nov 2, 2007 5:47am
euro is almost half the USDX
"Millionaires don't use astrology, billionaires do"
  • #38,388
  • Nov 2, 2007 5:47am Nov 2, 2007 5:47am
Quoting Moe
950 is comming
2.1100
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,389
  • Nov 2, 2007 5:48am Nov 2, 2007 5:48am
still not looking like n.f.p. of the old days.
If I Go Broke Trying Then I Will die happy.
  • #38,390
  • Nov 2, 2007 5:50am Nov 2, 2007 5:50am
I better learn more about forex...

So far I thought more than expected NFP are supposed to be USD positive.
  • #38,391
  • Nov 2, 2007 5:50am Nov 2, 2007 5:50am
Quoting Qu|cksilver
2.1100
your talking long term right? im talking today, 2.1100 hit today ima kiss my own ass.
If I Go Broke Trying Then I Will die happy.
  • #38,392
  • Nov 2, 2007 5:51am Nov 2, 2007 5:51am
Cable update thread is back in business
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,393
  • Nov 2, 2007 5:51am Nov 2, 2007 5:51am
Quoting Moe
your talking long term right? im talking today, 2.1100 hit today ima kiss my own ass.
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,394
  • Nov 2, 2007 5:52am Nov 2, 2007 5:52am
better save your time and don't go into such B.S. all you need to know is when to cut your losses short. the rest is just technical analysis and trend following.

Quoting TrendsFX
I better learn more about forex...

So far I thought more than expected NFP are supposed to be USD positive.
Nihil Sine Deo.
  • #38,395
  • Nov 2, 2007 5:52am Nov 2, 2007 5:52am
Quoting TrendsFX
I better learn more about forex...

So far I thought more than expected NFP are supposed to be USD positive.

news means nothing except the ability for these fuckers to move massive amounts of holdings instantly without showing their hands. These ppl already know the news before the retail world
"Millionaires don't use astrology, billionaires do"
  • #38,396
  • Nov 2, 2007 5:53am Nov 2, 2007 5:53am
By the way, it's resisting to any further gains. Right?
  • #38,397
  • Nov 2, 2007 5:54am Nov 2, 2007 5:54am
Quoting TrendsFX
I better learn more about forex...

So far I thought more than expected NFP are supposed to be USD positive.
any news can go any way, it goes back and fourth. good news good for dollar, bad news bad for dollar, bad news good for dollar, good news bad for dollar, there's many factor's goes into all news not just the news at hand but other factors.
If I Go Broke Trying Then I Will die happy.
  • #38,398
  • Nov 2, 2007 5:55am Nov 2, 2007 5:55am
Question now is if the stock market is going up, because of the good news that economy is ok

OR

it's going down because 166K just added to the "no more cuts" cause.

I'm staying with the greed-driven nonsense: selloff coz Big Daddy Bernanke is not coming to help anymore

Dow futures soared to +57 (from -11) at the news. Now +37.
  • #38,399
  • Nov 2, 2007 5:56am Nov 2, 2007 5:56am
Quoting OrionsWay
news means nothing except the ability for these fuckers to move massive amounts of holdings instantly without showing their hands. These ppl already know the news before the retail world
Yeah. I knew it 2 minutes before
.
  • #38,400
  • Nov 2, 2007 5:56am Nov 2, 2007 5:56am
Moe,

Don't forget:

bad news bad for dollar during data, bad for dollar after data but good for dollar at the close.
Patience + Humility + Study = Success
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