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Cable Update (GBPUSD)

  • #64,481
  • May 7, 2008 7:23am May 7, 2008 7:23am
Quoting salah k.
depends on the news
if its was good US news i think cable will go down even further
bad US news cable will probably retrace
Yeah, I know that. But do you think it's going to be good news for the us? How likely it is to be good news for the us?
Don't be afraid to challenge the pros, even in their own backyard.
  • #64,482
  • May 7, 2008 7:23am May 7, 2008 7:23am
Pair is moving prior to news, this is usually a good sign.

USUALLY!

Jim
  • #64,483
  • May 7, 2008 7:24am May 7, 2008 7:24am
Quoting salah k.
hey guys wish us luck
looks like lebanon is on the verge of a civil war.

they are shooting each other on the streets and the army is watching
im thinking of making some popcorn for the army so that they would enjoy theyre fucking stay.

im sorry its out of context but its pissing me off.
dont do that .they might shoot u ..
the world is crazy bro ..god only know how bad it will get...be safe man!

if news werent around i reckon this the perfect place to jump on board.
  • #64,484
  • May 7, 2008 7:24am May 7, 2008 7:24am
Dont know, My Crystal ball is being repaired.

Quoting Danger
Yeah, I know that. But do you think it's going to be good news for the us? How likely it is to be good news for the us?
  • #64,485
  • May 7, 2008 7:26am May 7, 2008 7:26am
Quoting nAVIN2007

if news werent around i reckon this the perfect place to jump on board.
absolutely, but news are just around the corner.

tempting though
The quality of your life is brought about by the quality of your thinking.
  • #64,486
  • May 7, 2008 7:27am May 7, 2008 7:27am
Got to remember, I believe we are at a daily UTL.
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  • #64,487
  • May 7, 2008 7:29am May 7, 2008 7:29am
Quoting salah k.
hey guys wish us luck
looks like lebanon is on the verge of a civil war.

they are shooting each other on the streets and the army is watching
im thinking of making some popcorn for the army so that they would enjoy theyre fucking stay.

im sorry its out of context but its pissing me off.
Salah, I've got a lad off here on MSN I chat to, from Lebanon who's pretty worried about that, took him 5x's longer to get home just than normal.

There Armys taken a page outta the UN's hand book then, sitting back watching and keeping score.


Interesting, not 1 mention of this on the CNN site!!! Americans hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #64,488
  • May 7, 2008 7:33am May 7, 2008 7:33am
Long

SL 1 pip below the low
The quality of your life is brought about by the quality of your thinking.
  • #64,489
  • May 7, 2008 7:35am May 7, 2008 7:35am
I agree hornet, but need more confirmation. Right now its just a guess.

Quoting hornet
Long

SL 1 pip below the low
  • #64,490
  • May 7, 2008 7:35am May 7, 2008 7:35am
8:30am USD Nonfarm Productivity q/q (p) 2.2% 1.5% 1.8%http://www.forexfactory.com/images/m...us_revised.gif
8:30am USD Unit Labor Costs q/q (p) 2.2% 2.6% 2.8%http://www.forexfactory.com/images/m...us_revised.gif
  • #64,491
  • May 7, 2008 7:37am May 7, 2008 7:37am
Quoting nAVIN2007
dont do that .they might shoot u ..
the world is crazy bro ..god only know how bad it will get...be safe man!

if news werent around i reckon this the perfect place to jump on board.
dont worry bro i aint going nowhere im just too pissed off because this is my last semester before i travel.
plus the army isnt doing anything plus the people who are fighting in the streets are fighting for politicians who dont give a crap about us

they are ripping us from both sides and watching free and live action movies from their balconies.

i just hope they all die a horrible and painful death for what they are doing to this once beautiful country
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,492
  • May 7, 2008 7:38am May 7, 2008 7:38am
Quoting hard1head1
I agree hornet, but need more confirmation. Right now its just a guess.
a guess yes but....break of previous low, showing RSI divergence on 30mins, my 5 mins triggers are in place.

if anything i lose only 10 pips. worth a shot !
The quality of your life is brought about by the quality of your thinking.
  • #64,493
  • May 7, 2008 7:39am May 7, 2008 7:39am
Quoting salah k.
dont worry bro i aint going nowhere im just too pissed off because this is my last semester before i travel.
plus the army isnt doing anything plus the people who are fighting in the streets are fighting for politicians who dont give a crap about us

they are ripping us from both sides and watching free and live action movies from their balconies.

i just hope they all die a horrible and painful death for what they are doing to this once beautiful country
If you want to fix all the worlds problem, shoot the politicians no point shooting each other!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #64,494
  • May 7, 2008 7:40am May 7, 2008 7:40am
Quoting Turveyd
Salah, I've got a lad off here on MSN I chat to, from Lebanon who's pretty worried about that, took him 5x's longer to get home just than normal.

There Armys taken a page outta the UN's hand book then, sitting back watching and keeping score.


Interesting, not 1 mention of this on the CNN site!!! Americans hey!!
the fucking army : To protect and Serve
my ass they are politicaly bias and are not lifting a finger to save lives.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,495
  • May 7, 2008 7:40am May 7, 2008 7:40am
This thing is bound and determined to break that Daily, isnt it?
  • #64,496
  • May 7, 2008 7:43am May 7, 2008 7:43am
Quoting hornet
a guess yes but....break of previous low, showing RSI divergence on 30mins, my 5 mins triggers are in place.

if anything i lose only 10 pips. worth a shot !
The problem with that strategy is yes it's only 10pips but they keep adding up to 100+ pips easy

Too much work to do, must close charts get back in next week

short near 6hour sma 1.9585 and falling, long on a break above would be my strategy today.

Also Long on seeing a Sell / Stop spike down, haven't been watching enough recently to see if thats the game there playing though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #64,497
  • May 7, 2008 7:45am May 7, 2008 7:45am
Quoting akirax
8:30am USD Nonfarm Productivity q/q (p) 2.2% 1.5% 1.8%http://www.forexfactory.com/images/m...us_revised.gif
8:30am USD Unit Labor Costs q/q (p) 2.2% 2.6% 2.8%http://www.forexfactory.com/images/m...us_revised.gif
Is it good for Cable? Seen Cable is going down n down
  • #64,498
  • May 7, 2008 7:46am May 7, 2008 7:46am
Nice try, Hornet, well worth the risk.

Quoting hornet
a guess yes but....break of previous low, showing RSI divergence on 30mins, my 5 mins triggers are in place.

if anything i lose only 10 pips. worth a shot !
  • #64,499
  • May 7, 2008 7:48am May 7, 2008 7:48am
Quoting salah k.
the fucking army : To protect and Serve
my ass they are politicaly bias and are not lifting a finger to save lives.
To be slightly more fair and unbiased here Salah.

If you put the army on the streets you can't do so without letting them defend themselves, they will most likely have to shoot people, thats bad PR and no one wants to order there own soldiers into a position where they are going to have to shoot there own people, not good to put the soldiers through that.

And Army shooting a few people, will likely escalate the the problem and lead to just more people being killed.


Its NEVER Easy Salah unfortunately.


Sorry!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #64,500
  • May 7, 2008 7:48am May 7, 2008 7:48am
Quoting mavewei
Is it good for Cable? Seen Cable is going down n down
Non-farm productivity is up while Unit Labor Cost is down. So they even each other out. The news is neutral so the currency pair is just going to go where it's set out to go before the news. More US news coming in a little over 1 hour.
Expected the unexpected
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