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Cable Update (GBPUSD)

  • #68,061
  • May 28, 2008 8:17am May 28, 2008 8:17am
yeah one more thing guys

GBP http://www.forexfactory.com/images/m...mpact_high.gif Nationwide House Prices m/m
this might end this range and give cable a direction for the end of the week.
unless its the same as expected.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,062
  • May 28, 2008 8:17am May 28, 2008 8:17am
Quoting salah k.
i dont know bro
dollar is pretty strong and still that aint enough to kick cable down
Lots of data tomorrow, and we kick in with: 2:00am GBP http://www.forexfactory.com/images/m...mpact_high.gif Nationwide House Prices m/m

We could have some movement from this one...
Getting it right is NOT as important as not getting it wrong.
  • #68,063
  • May 28, 2008 8:18am May 28, 2008 8:18am
Quoting Moe
well you tell euro news to stick to there regular time.
exactly what the hell happened this time
they never post after US news
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,064
  • May 28, 2008 8:19am May 28, 2008 8:19am
Quoting fxswing
Lots of data tomorrow, and we kick in with: 2:00am GBP http://www.forexfactory.com/images/m...mpact_high.gif Nationwide House Prices m/m

We could have some movement from this one...
lol, you were faster on this one
Getting it right is NOT as important as not getting it wrong.
  • #68,065
  • May 28, 2008 8:20am May 28, 2008 8:20am
Quoting salah k.
exactly what the hell happened this time
they never post after US news
If I Go Broke Trying Then I Will die happy.
  • #68,066
  • May 28, 2008 8:22am May 28, 2008 8:22am
Quoting fxswing
lol, you were faster on this one
yeah bro ive been waiting for it all week
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,067
  • May 28, 2008 8:23am May 28, 2008 8:23am
Quoting salah k.
exactly what the hell happened this time
they never post after US news
German CPI released at random time, their states are released through out the morning at different times so the main release is just a confimation
Trading is 80% Emotional, 20% Technical
  • #68,068
  • May 28, 2008 8:26am May 28, 2008 8:26am
damn man
bernanke is talking tomorrow


this guy wont rest until dollar is worthless.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,069
  • May 28, 2008 8:27am May 28, 2008 8:27am
Quoting salah k.
damn man
bernanke is talking tomorrow


this guy wont rest until dollar is worthless.
Trading is 80% Emotional, 20% Technical
  • #68,070
  • May 28, 2008 8:44am May 28, 2008 8:44am
Quoting salah k.
damn man
bernanke is talking tomorrow


this guy wont rest until dollar is worthless.
Good plan if your country owes so much debt - it will be written off soon. Like the way the man thinks. Shame its not sending cable in one direction or another.
  • #68,071
  • May 28, 2008 8:52am May 28, 2008 8:52am
Quoting rockdrive22
Good plan if your country owes so much debt - it will be written off soon. Like the way the man thinks. Shame its not sending cable in one direction or another.
I totally agree with this thinking. When a person knows they are going to declare bankrupt they go on a spending spree knowing they won't have to pay it off. What is the goverment doing right now? Spending like they know it won't have to pay it off.

Its immorale.

Cpreacher
  • #68,072
  • May 28, 2008 9:00am May 28, 2008 9:00am
Quoting rockdrive22
Good plan if your country owes so much debt - it will be written off soon. Like the way the man thinks. Shame its not sending cable in one direction or another.
what about the americans suffering from high inflation

what about oil prices and what about commodity prices

this is just another way of making the rich richer and the poor poorer.
no more middle class people its going extinct.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,073
  • May 28, 2008 9:05am May 28, 2008 9:05am
hey guys theres an interesting article on the main page
heres a link
its called the dollar has bottomed
http://www.forexfactory.com/news.php?do=news&id=88615
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,074
  • May 28, 2008 9:22am May 28, 2008 9:22am
New highs then new lows, now back near its highs! price action is incrediable in cable...

very hellish enviroment for postion trader

great for discipled scalper
Trading is 80% Emotional, 20% Technical
  • #68,075
  • Edited 9:44am May 28, 2008 9:26am | Edited 9:44am
Quoting fx local
New highs then new lows, now back near its highs! price action is incrediable in cable...

very hellish enviroment for postion trader

great for discipled scalper
glad i closed my shorts
this is because oil went back to daily highs and dollar weakened

dont know y though
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,076
  • May 28, 2008 9:33am May 28, 2008 9:33am
Quoting fx local
New highs then new lows, now back near its highs! price action is incrediable in cable...

very hellish enviroment for postion trader

great for discipled scalper
Nothing really surprising, market clearing the range, to prepare for the next move.
Range is contracting, the move is coming... and Friday is the last day of the month.

But, so far for the last 5 months, cable can't close outside of the previous candle, typical of a very range bound market...
Getting it right is NOT as important as not getting it wrong.
  • #68,077
  • May 28, 2008 9:34am May 28, 2008 9:34am
Quoting Moe
same old bullshit, the only way to trade this pair these days is try to catch the high or low of the day and ride it for 100+ pips
i told you guys this is the only way to trade this pair.
If I Go Broke Trying Then I Will die happy.
  • #68,078
  • May 28, 2008 9:51am May 28, 2008 9:51am
Durable goods dip but many sectors show strength.

http://biz.yahoo.com/ap/080528/economy.html
If I Go Broke Trying Then I Will die happy.
  • #68,079
  • May 28, 2008 9:56am May 28, 2008 9:56am
this is why i try to stay out of range bound weeks, becuase you realy don't know what way it's gonna break and we are still range bound we haven't broke out yet, but when it do it's gonna be huge.
If I Go Broke Trying Then I Will die happy.
  • #68,080
  • May 28, 2008 9:58am May 28, 2008 9:58am
wtf is going on

euro is pretty messed up and weak but cable is strong
should be the other way around
"what doesn't bankrupt me, makes me stronger" modern nietzche
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