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Cable Update (GBPUSD)

  • #69,001
  • Jun 3, 2008 9:05pm Jun 3, 2008 9:05pm
Quoting primzvicious
I Think Cable Should Create New Low to 1.9560 Area Before Bounce and Filling The Gap


even cable try to fill the gap early. but fundamental will never overlap technical, indeed they perfect it
Verily, in every difficulties there is relief
  • #69,002
  • Jun 3, 2008 10:32pm Jun 3, 2008 10:32pm
Quoting allserene
Well he said interest rates are at the bottom but they are next to nothing now - most americans get zero point peanuts on their savings

If interest rate differentials meant anything, sterling would be 2.50 as I get 6.76% on my sterling deposits

George Sorass was saying interesting things and the US is getting ready to jail everyone for oil speculation and make dubai and london conform to worldwide US laws (they own and legislate the world you know) otherwise traders will be kidnapped and taken to the US for a good beating and 50 years in jail in orange jump suits unless they can prove they were born in texas

At least thats what I heard listening to the congressional meetings this morning on Cspan

Just sold my BP shares as this thing is getting hairy
yep. going to quote this to get some more eyeballs here.. understand what he's saying here ladies.
USD Est Non Mortuus
  • #69,003
  • Jun 3, 2008 11:52pm Jun 3, 2008 11:52pm
we have another ranging week so get what you can, take the pips and run
If I Go Broke Trying Then I Will die happy.
  • #69,004
  • Jun 3, 2008 11:55pm Jun 3, 2008 11:55pm
Quoting Moe
we have another ranging week so get what you can, take the pips and run
tell us your forecast moe!!!
  • #69,005
  • Jun 4, 2008 1:12am Jun 4, 2008 1:12am
Waooo it is sharply declined up to 1.9563, very surprising... My few SL hits and now I am waiting for London Open for a break.....
  • #69,006
  • Jun 4, 2008 1:15am Jun 4, 2008 1:15am
what the hell just happened
  • #69,007
  • Jun 4, 2008 1:18am Jun 4, 2008 1:18am
1.961x-1956x drop within 10 min, whats the news? or the big dogs starts moving market?
  • #69,008
  • Jun 4, 2008 1:20am Jun 4, 2008 1:20am
European session open...
  • #69,009
  • Jun 4, 2008 1:31am Jun 4, 2008 1:31am
i have took longs earlier, if not i will take long now.
  • #69,010
  • Jun 4, 2008 1:32am Jun 4, 2008 1:32am
06:28 GBP/USD: Sub-1.9600 Sell Stops Tripped En Route to 15-Day Low London, June 3. Touted supply from "very good names" plus tripped sell stops below 1.9600 have helped depress cable to a 15-day low five pips shy of 1.9550 in early European trade, as the greenback continues to benefit from yesterday"s USD-positive comments from Ben Bernanke. The Federal Reserve chairman signaled that the Fed is now turning its focus to the weak USD and inflation (Daily Telegraph, B3). 1.9614-1.9638 was today"s Asian session range (up to 05:30GMT).
The pound is suffering on the back of the Nationwide"s disclosure that UK consumer confidence has fallen to a new four-year series low of 69. May"s REC/KPMG Report on Jobs has revealed a further fall in permanent UK job placements, and that staff availability has improved at a stronger pace.
May"s UK service sector PMI will be unveiled at 08:30GMT today. Forecast: 50.4, unchanged from April. A sub-50.0 number could spur fresh GBP selling. 1.9500 and 1.9480 are among touted bear targets south of 1.9550. Cable plumbed a three-month low of 1.9361 three weeks ago (May 14). 1.9600 is now a rebound resistance level. [email protected]
  • #69,011
  • Jun 4, 2008 1:46am Jun 4, 2008 1:46am
the game have change we should see 9450 and below now.
If I Go Broke Trying Then I Will die happy.
  • #69,012
  • Jun 4, 2008 1:46am Jun 4, 2008 1:46am
Quoting primzvicious


even cable try to fill the gap early. but fundamental will never overlap technical, indeed they perfect it
no bro its the other way around
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,013
  • Jun 4, 2008 1:49am Jun 4, 2008 1:49am
Quoting Moe
the game have change we should see 9450 and below now.
especially if pmi comes in weak.
then cable will free fall.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,014
  • Jun 4, 2008 1:51am Jun 4, 2008 1:51am
Quoting James Cole
tell us your forecast moe!!!
lets just say long don't look good right now.
If I Go Broke Trying Then I Will die happy.
  • #69,015
  • Jun 4, 2008 2:02am Jun 4, 2008 2:02am
hey fellow traders i need to ask a question

Obama won the US elections or is there a chance McCain or Clinton will win ??????????????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,016
  • Jun 4, 2008 2:06am Jun 4, 2008 2:06am
Quoting salah k.
hey fellow traders i need to ask a question

Obama won the US elections or is there a chance McCain or Clinton will win ??????????????????
Clinton already out. She will likely become VP on Obama's ticket, in which case the team will be quite formidable, hard for McCain to beat, whomever he chooses to be his running mate.
Expected the unexpected
  • #69,017
  • Jun 4, 2008 2:09am Jun 4, 2008 2:09am
..back to bed, more pips to all
If I Go Broke Trying Then I Will die happy.
  • #69,018
  • Jun 4, 2008 2:11am Jun 4, 2008 2:11am
Quoting Moe
..back to bed, more pips to all
oh i forgot say hello to 9450 if we get there.
If I Go Broke Trying Then I Will die happy.
  • #69,019
  • Jun 4, 2008 2:12am Jun 4, 2008 2:12am
Quoting scyang
Clinton already out. She will likely become VP on Obama's ticket, in which case the team will be quite formidable, hard for McCain to beat, whomever he chooses to be his running mate.
thnx man
one more question though
when will he officially become the president . u know as in bush moves and he steps in??
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,020
  • Jun 4, 2008 2:19am Jun 4, 2008 2:19am
Quoting salah k.
thnx man
one more question though
when will he officially become the president . u know as in bush moves and he steps in??
I think it will be on January 20, 2009. Not 100% sure, but I have read this date, if I remember well...


P.S: date, was right, here's the link: http://en.wikipedia.org/wiki/Inauguration_Day
Getting it right is NOT as important as not getting it wrong.
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