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Cable Update (GBPUSD)

  • #69,021
  • Jun 4, 2008 2:22am Jun 4, 2008 2:22am
Quoting fxswing
I think it will be on January 20, 2009. Not 100% sure, but I have read this date, if I remember well...
That's about right. I would say that if Obama wins, you can expect US stock market rally and $ rally, as the democrats represent a major change in the direction of the country and people will be more hopeful. Dems have a track record of doing better with the economy. If McCain gets elected, you can sell USD.
Expected the unexpected
  • #69,022
  • Jun 4, 2008 2:22am Jun 4, 2008 2:22am
Quoting fxswing
I think it will be on January 20, 2009. Not 100% sure, but I have read this date, if I remember well...
oh theres still a long way to go.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,023
  • Jun 4, 2008 2:24am Jun 4, 2008 2:24am
Quoting scyang
That's about right. I would say that if Obama wins, you can expect US stock market rally and $ rally, as the democrats represent a major change in the direction of the country and people will be more hopeful. Dems have a track record of doing better with the economy. If McCain gets elected, you can sell USD.
thats y i was asking
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,024
  • Jun 4, 2008 2:33am Jun 4, 2008 2:33am
Whatever happen on January 20, 2009.
I will open a bottle of champagne and have a cigar, because a dreadful era will end this very day.

Getting it right is NOT as important as not getting it wrong.
  • #69,025
  • Jun 4, 2008 2:36am Jun 4, 2008 2:36am
Quoting primzvicious
I Think Cable Should Create New Low to 1.9560 Area Before Bounce and Filling The Gap
anyone holding long now?
Verily, in every difficulties there is relief
  • #69,026
  • Jun 4, 2008 2:39am Jun 4, 2008 2:39am
Quoting fxswing
Whatever happen on January 20, 2009.
I will open a bottle of champagne and have a cigar, because a dreadful era will end this very day.

u and 6 billion other people around the world
the champagne industry will bloom that day.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,027
  • Jun 4, 2008 2:50am Jun 4, 2008 2:50am
Quoting Moe
oh i forgot say hello to 9450 if we get there.
i don't think we will see that level Today
  • #69,028
  • Jun 4, 2008 2:54am Jun 4, 2008 2:54am
Quoting tarektm
i don't think we will see that level Today
we might but im hearing rumors that NFP will hold a big surprise and cause much dollar weakness.
I dont know how true that is but then again no1 knows until it comes out.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,029
  • Jun 4, 2008 2:56am Jun 4, 2008 2:56am
CNBC : "UK house builders shares fall sharply"
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,030
  • Jun 4, 2008 2:57am Jun 4, 2008 2:57am
Quoting salah k.
we might but im hearing rumors that NFP will hold a big surprise and cause much dollar weakness.
I dont know how true that is but then again no1 knows until it comes out.
well, i don't hear news
that's how i work, i have an idea that News follow the Analysis
Don't follow this now.
but if my theory is Correct,
you will find GBP:Services PMI Better than Expected.
  • #69,031
  • Jun 4, 2008 3:23am Jun 4, 2008 3:23am
Quoting tarektm
i don't think we will see that level Today
,
If I Go Broke Trying Then I Will die happy.
  • #69,032
  • Jun 4, 2008 3:31am Jun 4, 2008 3:31am
really bad services number
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,033
  • Jun 4, 2008 3:37am Jun 4, 2008 3:37am
Quoting salah k.
we might but im hearing rumors that NFP will hold a big surprise and cause much dollar weakness.
I dont know how true that is but then again no1 knows until it comes out.
Good day salah k where did you read or hear these Rumours
  • #69,034
  • Jun 4, 2008 3:38am Jun 4, 2008 3:38am
Quoting Moe
,
then it's not working.

but Fibonacci level of 1.9554 is still holding on, and i expect the price to go up

as i told you, i don't care for the news, maybe one of them will go bad today.
  • #69,035
  • Jun 4, 2008 3:41am Jun 4, 2008 3:41am
Quoting tarektm
then it's not working.

but Fibonacci level of 1.9554 is still holding on, and i expect the price to go up

as i told you, i don't care for the news, maybe one of them will go bad today.
If I Go Broke Trying Then I Will die happy.
  • #69,036
  • Jun 4, 2008 3:43am Jun 4, 2008 3:43am
Quoting pepper
Good day salah k where did you read or hear these Rumours
i read it here in FF in some thread but im not sure which one and im not sure how true it is.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #69,037
  • Jun 4, 2008 3:43am Jun 4, 2008 3:43am
Quoting Moe
what i mean is technical comes first, then fundamental.
  • #69,038
  • Jun 4, 2008 3:46am Jun 4, 2008 3:46am
Quoting tarektm
what i mean is technical comes first, then fundamental.
unless something change it always been that way.
If I Go Broke Trying Then I Will die happy.
  • #69,039
  • Jun 4, 2008 3:48am Jun 4, 2008 3:48am
Quoting Moe
unless something change it always been that way.
Correct.
  • #69,040
  • Jun 4, 2008 3:54am Jun 4, 2008 3:54am
Quoting tarektm
what i mean is technical comes first, then fundamental.
that doesnt even make sense long be4 technical charts were posted currencies have been devalued or overvalued due to fundamentals.

u are very wrong my brother fundamentals trigger the market technicals carry it.

how else would u describe the fall of the dollar TECHNICAL????????????
I DONT THINK SO.

how else would u describe the fall of cable from 2.11 to 193
as i recall it was started because of fundamentals and rate cuts.
"what doesn't bankrupt me, makes me stronger" modern nietzche
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