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Cable Update (GBPUSD)

  • #51,721
  • Feb 1, 2008 10:58am Feb 1, 2008 10:58am
check out the 100 Sma on 4h... it is why i am still confident of longs... IF it is broken and closed below on 4h... than yess we can sing ciao bella to cable's dream of again touching 2.00 region

100 SMA 1.9677
weekly pivot 1.970 (well since we are at the end of the week it is not so important)

I am benny bernanke... A BUSH should always be a president of this country even 100 years later.
  • #51,722
  • Feb 1, 2008 11:10am Feb 1, 2008 11:10am
i said to go short like... 4 days ago... everyone thought i was crazy and i showed my graphs.. i wasnt all fancy in words, but i did say 9650's no? hope ya'll are enjoy the ride because i sure as hell am
And your mouth dropped
  • #51,723
  • Feb 1, 2008 11:14am Feb 1, 2008 11:14am
Quoting AmeriTrini
ok, fine....me tell you..... Its because of what has been happening in the US for a long time. The unwinding is just starting in the UK and people believe that it will get worse, alot worse. The UK economy will be tested, lets see if it can stand up like the US. No recession here yet, GDP is still positive!....plain and simple......

btw, Im curious, how come you never 'write' in paragraphs, but lines?
I don't write in paragraphs because it's not my style. The U.S. has butchered my language so it's a bit of retaliation (so to speak-wise)

Ok your position is that the US is not in recession. I suppose a tick or two above zero means that you were technically right during the period that the last statistics were gathered. However, nobody has said that the US is not in recession at this precise point. I believe the U.S. IS in recession at this point in time and the U.K. is not

Since when did the U.S. economy 'stand up' recently - the rate cuts and tax rebate checks show that the country is running scared and that is not a definition of 'standing up' or else osama has been standing up for 6 years. I am scared too and I will not put more than the federally insured $100k into any bank

Just because the U.S. has introduced panic measures and the U.K. has not, does not mean the U.S. is 'saved' and the U.K is complacently moving towards disaster. I agree that the U.K will have an employment dip but it is following and not leading. I don't see why the euro has come down either - what has that got to do with the U.K. housing market ?

I suspect this dip is temporary
  • #51,724
  • Feb 1, 2008 11:18am Feb 1, 2008 11:18am
Quoting allserene
I don't write in paragraphs because it's not my style. The U.S. has butchered my language so it's a bit of retaliation (so to speak-wise)

Ok your position is that the US is not in recession. I suppose a tick or two above zero means that you were technically right during the period that the last statistics were gathered. However, nobody has said that the US is not in recession at this precise point. I believe the U.S. IS in recession at this point in time and the U.K. is not

Since when did the U.S. economy 'stand up' recently - the rate cuts and tax rebate checks show that the country is running scared and that is not a definition of 'standing up' or else osama has been standing up for 6 years. I am scared too and I will not put more than the federally insured $100k into any bank

Just because the U.S. has introduced panic measures and the U.K. has not, does not mean the U.S. is 'saved' and the U.K is complacently moving towards disaster. I agree that the U.K will have an employment dip but it is following and not leading. I don't see why the euro has come down either - what has that got to do with the U.K. housing market ?

I suspect this dip is temporary
uk and usa economies are too alike.

uk also may slip into recession soon, really was not expecting today data numbers.
rate cut in uk february is almost guaranteed. even a 0.50 seems possible.
  • #51,725
  • Feb 1, 2008 11:23am Feb 1, 2008 11:23am
closed short for +185 pips

now LONG at until 9682 with tgt 9940 and 50 pip stop

will take some time..
  • #51,726
  • Feb 1, 2008 11:24am Feb 1, 2008 11:24am
gu might be going up but next week i guess!! enough for 250pips deep down for tonight
  • #51,727
  • Feb 1, 2008 11:25am Feb 1, 2008 11:25am
Quoting Ash
you can call up my broker, MB Trading and ask them if the prices ever did.

I would be careful, if you're looking to pick a fight. You will get burned.
I dont have to call a broker to see if the price ever hit 1.9606..... only you would do that.........
  • #51,728
  • Feb 1, 2008 11:26am Feb 1, 2008 11:26am
Quoting acidguy
uk and usa economies are too alike.

uk also may slip into recession soon, really was not expecting today data.
rate cut in february is almost guaranteed.
Not so fast. The EU accounts for more than 1/2 of trading done with the UK. Granted, the US goes into recession, it will affect the UK but maybe not on a such large scale. A recession is a possibility in the future, but not anytime soon.
Humble Lifetime Member
  • #51,729
  • Feb 1, 2008 11:27am Feb 1, 2008 11:27am
Quoting AmeriTrini
I dont have to call a broker to see if the price ever hit 1.9606..... only you would do that.........
That's not my style.
Humble Lifetime Member
  • #51,730
  • Feb 1, 2008 11:28am Feb 1, 2008 11:28am
Quoting allserene
I don't write in paragraphs because it's not my style. The U.S. has butchered my language so it's a bit of retaliation (so to speak-wise)

Ok your position is that the US is not in recession. I suppose a tick or two above zero means that you were technically right during the period that the last statistics were gathered. However, nobody has said that the US is not in recession at this precise point. I believe the U.S. IS in recession at this point in time and the U.K. is not

Since when did the U.S. economy 'stand up' recently - the rate cuts and tax rebate checks show that the country is running scared and that is not a definition of 'standing up' or else osama has been standing up for 6 years. I am scared too and I will not put more than the federally insured $100k into any bank

Just because the U.S. has introduced panic measures and the U.K. has not, does not mean the U.S. is 'saved' and the U.K is complacently moving towards disaster. I agree that the U.K will have an employment dip but it is following and not leading. I don't see why the euro has come down either - what has that got to do with the U.K. housing market ?

I suspect this dip is temporary
euro will be next to cut! they are feeling pressure as well.
  • #51,731
  • Feb 1, 2008 11:32am Feb 1, 2008 11:32am
Quoting Bones
Man that was a good call yesturday ,i sold with you you this morning,since we were seeing the same thing

Im gonna have to start sending you commission,looking for a buy soon now
pips for all!!!!.............
  • #51,732
  • Feb 1, 2008 11:32am Feb 1, 2008 11:32am
Quoting AmeriTrini
just on this thread, I feel serenity when Im in the Malaysian room......

which is where Im going now, BYE!!!

  • #51,733
  • Feb 1, 2008 11:33am Feb 1, 2008 11:33am
Quoting AmeriTrini
euro will be next to cut! they are feeling pressure as well.
same thoughts, in the past they always lagged behind the US for rate cuts, but eventually they had to cut, and I do hope so
  • #51,734
  • Feb 1, 2008 11:36am Feb 1, 2008 11:36am
Quoting nAVIN2007
enjoyed the ride down?
  • #51,735
  • Feb 1, 2008 11:45am Feb 1, 2008 11:45am
Quoting AmeriTrini
enjoyed the ride down?
I felt it was going down but i didnt place the trade as i really wasnt sure I wasnt sure and had to shoot of to work b4 i had a confirmation, so no trade
Still at least my analysis for going DOWN was correct..
even thou it was a fluke ......lol
  • #51,736
  • Feb 1, 2008 11:47am Feb 1, 2008 11:47am
I wonder what the market would have done if jobs has been up 150 K ?

Feel disoriented ?
  • #51,737
  • Feb 1, 2008 11:47am Feb 1, 2008 11:47am
Quoting nAVIN2007
I felt it was going down but i didnt place the trade as i really wasnt sure I wasnt sure and had to shoot of to work b4 i had a confirmation, so no trade
Still at least my analysis for going DOWN was correct..
you still WON!!!....... a trade was placed, just not with money......
  • #51,738
  • Feb 1, 2008 11:50am Feb 1, 2008 11:50am
Quoting AmeriTrini
you still WON!!!....... a trade was placed, just not with money......
true true
  • #51,739
  • Feb 1, 2008 11:57am Feb 1, 2008 11:57am
Quoting AmeriTrini
you still WON!!!....... a trade was placed, just not with money......
and I slept with Liz Hurley in my dreams - not the same I'm sure

it's all about money - ain't a damn thing funny
  • #51,740
  • Feb 1, 2008 12:01pm Feb 1, 2008 12:01pm
Quoting allserene
and I slept with Liz Hurley in my dreams - not the same I'm sure

it's all about money - ain't a damn thing funny
im on a demo so it kinda is the same thing....lol
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