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Cable Update (GBPUSD)

  • #54,021
  • Feb 15, 2008 8:07am Feb 15, 2008 8:07am
bad TIC Net Long-Term Transactions thats the push cable needed to end its momentum.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,022
  • Feb 15, 2008 8:08am Feb 15, 2008 8:08am
Quoting aimanJaslan
Empire State Business Conditions Index -11.7

Import Price Index m/m 1.7%

Anybody can explain these? ned ur help. thanks a lot
fall of the usa empire, that simple.

* the first one, is how bad usa consumers are.
* second one, normal conditions fed should raise rates for controlling Import price index but bernanke gives nothing for the dollar inflation. he will keep cutting rates and like last depressions fed runs out of cuts and economy head for destruction.

if usa had not debt probably could use the economic debt trick stimulus, but bush used it back in 2001, and usa is indebted to hell....
so expect more numbers like this

after yesterday gu short, expecting this pair to go an extreme and take it cause usd fundamentals just look so bad.....omg
  • #54,023
  • Feb 15, 2008 8:08am Feb 15, 2008 8:08am
OPEC might decrease oil production!!!!!!!!!!!!!!!
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,024
  • Feb 15, 2008 8:28am Feb 15, 2008 8:28am
DJ recovering quickly guess that means good news for pound bulls. till next usd number after 30 minutes.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,025
  • Feb 15, 2008 8:28am Feb 15, 2008 8:28am
Today was merely a small hiccup in the GBPUSD's advance. There could be another 100pip bearish move Monday 7-8am GMT but after that (or as early as Monday 07:00GMT) we should continue to see the pair advance upwards as it continues its c-wave.

GL&HT
  • #54,026
  • Feb 15, 2008 8:45am Feb 15, 2008 8:45am
Where have all last weeks crowd gone ?

It's so quiet nowadays

probably got a job at mcdonalds to save up for a new account or doing the Friday meeting at gamblers anonymous

'My name is 'xxxx' and I am a gambler who followed the posts on forexfactory - I can't help it - I am born credulous - I think the earth is 8 thousand years old and people walked with dinosaurs because I have been told that by somebody so it must be true - got to go now, I have an email from a stranger in Nigeria saying I have inherited a fortune'
  • #54,027
  • Feb 15, 2008 8:49am Feb 15, 2008 8:49am
Quoting allserene
Where have all last weeks crowd gone ?

It's so quiet nowadays

probably got a job at mcdonalds to save up for a new account or doing the Friday meeting at gamblers anonymous

'My name is 'xxxx' and I am a gambler who followed the posts on forexfactory - I can't help it - I am born credulous - I think the earth is 8 thousand years old and people walked with dinosaurs because I have been told that by somebody so it must be true - got to go now, I have an email from a stranger in Nigeria saying I have inherited a fortune'

"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,028
  • Feb 15, 2008 8:51am Feb 15, 2008 8:51am
Options are expiring in few minutes..
And then we rally back down again..
  • #54,029
  • Feb 15, 2008 8:54am Feb 15, 2008 8:54am
Quoting allserene
Where have all last weeks crowd gone ?

It's so quiet nowadays

probably got a job at mcdonalds to save up for a new account or doing the Friday meeting at gamblers anonymous

'My name is 'xxxx' and I am a gambler who followed the posts on forexfactory - I can't help it - I am born credulous - I think the earth is 8 thousand years old and people walked with dinosaurs because I have been told that by somebody so it must be true - got to go now, I have an email from a stranger in Nigeria saying I have inherited a fortune'
Forex trading easy, didn't you know?
  • #54,030
  • Feb 15, 2008 8:56am Feb 15, 2008 8:56am
Quoting jacobtrader
Options are expiring in few minutes..
And then we rally back down again..
i dont know about that since there is the consumer sentiment coming up in 5 min. it might cause a brake in cables momentum for today.

??????????????????????????????????????????????????????????????????????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,031
  • Feb 15, 2008 8:57am Feb 15, 2008 8:57am
Quoting allserene
Where have all last weeks crowd gone ?

It's so quiet nowadays

probably got a job at mcdonalds to save up for a new account or doing the Friday meeting at gamblers anonymous

'My name is 'xxxx' and I am a gambler who followed the posts on forexfactory - I can't help it - I am born credulous - I think the earth is 8 thousand years old and people walked with dinosaurs because I have been told that by somebody so it must be true - got to go now, I have an email from a stranger in Nigeria saying I have inherited a fortune'
when cable goes up, bulls dominate the thread and shout long long long see i told you to long. When cable goes down, bears dominate the thread and do the same.
  • #54,032
  • Feb 15, 2008 8:57am Feb 15, 2008 8:57am
Quoting deboooo2005
new 4 hour candle now ... breaking now to 1.9622 ... we will go to 1.9541

i 'll short if 1.9622 break
Quoting Abuawad
i'll hold until 1.9611 break to 1.9545
Quoting deboooo2005
it will break it ... Down Cable Down
it's not broken back UP UP UP UP
http://www.3tt3.net/smile/smile_files/1e4f238863.gif
Attached Image
  • #54,033
  • Feb 15, 2008 8:58am Feb 15, 2008 8:58am
Seems to be some fuzz about the trend. Hope this makes it easier:



Going against the trend can be hard.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 29 KB
Measure twice, cut once
  • #54,034
  • Feb 15, 2008 9:04am Feb 15, 2008 9:04am
now wat??????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,035
  • Feb 15, 2008 9:09am Feb 15, 2008 9:09am
long players should be talking soon
  • #54,036
  • Feb 15, 2008 9:09am Feb 15, 2008 9:09am
It seems to be more about the USD than the GBP as the euro has lift off.

I am never happy to go in unless Euro and GBP are being nice to each other and walking hand in hand - I know they have been diverging a lot lately but I think they will get back together again soon and bury the hatchet (In W's head)
  • #54,037
  • Feb 15, 2008 9:09am Feb 15, 2008 9:09am
doesnt look like a strong jump to build a trend on i think it might go back down .
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,038
  • Feb 15, 2008 9:13am Feb 15, 2008 9:13am
If the 4Hr Candle Bar doesnt closes above 1.9670. We are still in Bearish resumption..
  • #54,039
  • Feb 15, 2008 9:14am Feb 15, 2008 9:14am
Quoting jacobtrader
If the 4Hr Candle Bar doesnt closes above 1.9670. We are still in Bearish resumption..
you base your analsis only on fibs .. u should look at some more things like weekend/friday/stocks so on.
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  • #54,040
  • Feb 15, 2008 9:20am Feb 15, 2008 9:20am
Quoting Abuawad
it's not broken back UP UP UP UP
http://www.3tt3.net/smile/smile_files/1e4f238863.gif
http://www.funny-videos.co.uk/404.php
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