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Cable Update (GBPUSD)

  • #38,521
  • Nov 2, 2007 4:30pm Nov 2, 2007 4:30pm
Tough days ahead, bad sleeping on the weekend.

Citigroup and AIG boards holding emergency meetings.
  • #38,522
  • Nov 2, 2007 6:29pm Nov 2, 2007 6:29pm
wow ...almost break 2.0900.. we'll see on monday
as long as oil still keep higher so does GBP ....
I think it's range shifting process for GBP who knows..
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  • #38,523
  • Edited Nov 3, 2007 4:59am Nov 2, 2007 6:52pm | Edited Nov 3, 2007 4:59am
yeah almost 900! i won't be suprised if cable open above 900 next week.

Have a nice weekend guys..
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,524
  • Edited Nov 4, 2007 9:27am Nov 3, 2007 7:19am | Edited Nov 4, 2007 9:27am
Quoting Qu|cksilver
yeah almost 900! i won't be suprised if cable open above 900 next week.

Have a nice weekend guys..
i reckon it will touch 2.1 sometime!!!

a interesting point why company complaints so much about rising eur,gbp against usd, comprising their competition strength? when EUR and GBP rising against USD, isnt it cheaper for using them to purchase normal consumption goods like oil, gas. while in America, production cost raise as oil, gas price increase.

Besides, those Saudi, Arab Emirate { offensive phrase removed } are now considering take some other currency for settlement. e.g. Eur ... it will just benenfit European.
so why bored?
I reckon this a reason why G7 is now no talking too much about strong USD no more. instead, they talk about chinese RMB which can help EUR to balance a bit pressure
  • #38,525
  • Nov 3, 2007 7:23am Nov 3, 2007 7:23am
one more thing is:
as we know the currency is normaly negative correlated to its stock market. what we seen before was that: week wall street indice, strong Dollar.
recent week, dollar falls no matter what!

carry trader are now very worrying about US
  • #38,526
  • Nov 3, 2007 11:46am Nov 3, 2007 11:46am
F Bombs and male organs and jizz words have been flying around a lot lately. I think Merlin should put out an advisary about the liberal use of street garbage language.

We are all adults (at least I believe we are) but this is trading we are talking about and not who can show how how much of a tough .......... they are.

After all they put a stop to the Oakland, CA school board from teaching Ebonics. We can do without that and other versions here to.
  • #38,527
  • Edited Nov 4, 2007 8:51am Nov 3, 2007 2:33pm | Edited Nov 4, 2007 8:51am
Why the insult? there is no need to call any country or their people anything like that, I can call you so many things but I'm not going to lower myself to someone like you. kid.
Trade what you see, not what you think.
  • #38,528
  • Edited Nov 4, 2007 8:52am Nov 3, 2007 3:06pm | Edited Nov 4, 2007 8:52am
Quoting winwise
i reckon it will touch 2.1 sometime!!!

a interesting point why company complaints so much about rising eur,gbp against usd, comprising their competition strength? when EUR and GBP rising against USD, isnt it cheaper for using them to purchase normal consumption goods like oil, gas. while in America, production cost raise as oil, gas price increase.

Besides, those Saudi, Arab are now considering take some other currency for settlement. e.g. Eur ... it will just benenfit European.
so why bored?
I reckon this a reason why G7 is now no talking too much about strong USD no more. instead, they talk about chinese RMB which can help EUR to balance a bit pressure
I mostly read and lurk at the forums and I'm new here but this is a business, FX is not a game and I'll bet you dont have a live account nor do you have a good value system in your life.

What has anyone from another country done to YOU to give you the impression you can insult them on the open internet in a public forum read by thousands of people???

GROW UP there is no need for this here or anywhere in the world
Don't chase the market, Let the market come to you
  • #38,529
  • Nov 3, 2007 3:17pm Nov 3, 2007 3:17pm
Quoting Tmac
I mostly read and lurk at the forums and I'm new here but this is a business, FX is not a game and I'll bet you dont have a live account nor do you have a good value system in your life.

What has anyone from another country done to YOU to give you the impression you can insult them on the open internet in a public forum read by thousands of people???

GROW UP there is no need for this here or anywhere in the world
also he didnt see any importance in replying

I dont know what the wrong with those people
I'm not Saudi or Emirate but I feel very bad when I read his post
  • #38,530
  • Nov 3, 2007 11:55pm Nov 3, 2007 11:55pm
Quoting SunTrader
F Bombs and male organs and jizz words have been flying around a lot lately. I think Merlin should put out an advisary about the liberal use of street garbage language.

We are all adults (at least I believe we are) but this is trading we are talking about and not who can show how how much of a tough .......... they are.

After all they put a stop to the Oakland, CA school board from teaching Ebonics. We can do without that and other versions here to.
a little b.s. once and a while won't hurt this thread.
If I Go Broke Trying Then I Will die happy.
  • #38,531
  • Nov 4, 2007 5:06am Nov 4, 2007 5:06am
Gentlemen I was wondering who where the first (say) 5 members in this thread and when did it start ???
  • #38,532
  • Nov 4, 2007 5:25am Nov 4, 2007 5:25am
nov 19 2006, go to first page and first post to see when was it started
If I Go Broke Trying Then I Will die happy.
  • #38,533
  • Nov 4, 2007 8:51am Nov 4, 2007 8:51am
Quoting Moe
a little b.s. once and a while won't hurt this thread.

True but we all have our idea how much b.s. is enough and how much is over the top. Not trying to be a net nanny but last week was too much imo.
  • #38,534
  • Nov 4, 2007 11:07am Nov 4, 2007 11:07am
oh,,,,,
we need fire extinguisher here!
Firstly, i am not a racist! I respect everyone's culture, origin....

All i tried to make a point: Saudi and Emirates attitude towards dollar may affect dollar's position a lot!

We all know Saudi Arabia and United Emirate are two very wealth country. So we call them rich people,right?!

clam down! i DO admit that i had used an inappropriate word on that case
  • #38,535
  • Nov 4, 2007 11:20am Nov 4, 2007 11:20am
karmostaji,
please accept my apology!
and sorry to all other people who fund that word offensive.
  • #38,536
  • Nov 4, 2007 11:23am Nov 4, 2007 11:23am
Quoting benssol
also he didnt see any importance in replying

I dont know what the wrong with those people
I'm not Saudi or Emirate but I feel very bad when I read his post
Benssol, you drawed u conclusion too early.... patience!
  • #38,537
  • Nov 4, 2007 11:27am Nov 4, 2007 11:27am
Quoting Tmac
I mostly read and lurk at the forums and I'm new here but this is a business, FX is not a game and I'll bet you dont have a live account nor do you have a good value system in your life.

What has anyone from another country done to YOU to give you the impression you can insult them on the open internet in a public forum read by thousands of people???
Sorry to wake you up, TMC.

but u took a wrong bet. I do have a live account and my own value system.
  • #38,538
  • Nov 4, 2007 11:40am Nov 4, 2007 11:40am
lol

Quoting DutchTrader
I got 5 on it.
  • #38,539
  • Nov 4, 2007 11:57am Nov 4, 2007 11:57am
Quoting Ayham
Gentlemen I was wondering who where the first (say) 5 members in this thread and when did it start ???
A long, long time ago in a place far far away, a few brave souls started this very thread. It has seen its times of trial and tribulation, but has survived through the hardships to maintain itself as a something....kinda lost it there...haha have a good week everone.

I'll post my thoughts on le pound in a few minutes.
I dream, therefore I become.
  • #38,540
  • Nov 4, 2007 12:00pm Nov 4, 2007 12:00pm
At the moment, I'm seeing nothing but upwards trend continuations on all of the timeframes that I trade. I think we could see a pullback sometime soon though, just based on the fact that this has been moving up for so long without one. When it comes, that will be prime time to buy again. Until then, I'm off to different pairs.
I dream, therefore I become.
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