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Cable Update (GBPUSD)

  • #72,281
  • Jun 25, 2008 3:50am Jun 25, 2008 3:50am
Quoting JanPoko
Ha! This was a good one! "solving this worldwide inflation" LOL!

Just have a look at huge american debt, compare it to European debts and you can easily forget technicals and inflation cure and start gaming with long time trends...

so they just had a calling and they want to solve the whole debt crisis in 1 year?????????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,282
  • Jun 25, 2008 3:52am Jun 25, 2008 3:52am
plus the OPEC is pressuring US for a rate hike

now personally i would really like a rate hike because it would move the markets violently in 1 direction.
that means pips to all of us
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,283
  • Jun 25, 2008 4:02am Jun 25, 2008 4:02am
Quoting salah k.
plus the OPEC is pressuring US for a rate hike

now personally i would really like a rate hike because it would move the markets violently in 1 direction.
that means pips to all of us
Hi,

Are you recommending that we should go for long rather than short for GU?
May the pips be with me !!!
  • #72,284
  • Jun 25, 2008 4:05am Jun 25, 2008 4:05am
Does anybody know whether Trichet spoke or not . If He did speak how can his speach be described Hawkish or Dovish?
  • #72,285
  • Jun 25, 2008 4:10am Jun 25, 2008 4:10am
Quoting samuzowulu
Does anybody know whether Trichet spoke or not . If He did speak how can his speach be described Hawkish or Dovish?
hawk
  • #72,286
  • Jun 25, 2008 4:12am Jun 25, 2008 4:12am
A clue of UP trend ? A nice pin on H4.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,287
  • Jun 25, 2008 4:12am Jun 25, 2008 4:12am
Quoting ahlude
Hi,

Are you recommending that we should go for long rather than short for GU?
i recommend that u wait till fomc meeting
and from there statement u decide
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,288
  • Jun 25, 2008 4:13am Jun 25, 2008 4:13am
[quote=salah k.;2073867
now personally i would really like a rate hike because it would move the markets violently in 1 direction.
that means pips to all of us[/quote]


  • #72,289
  • Jun 25, 2008 4:16am Jun 25, 2008 4:16am
Quoting salah k.
plus the OPEC is pressuring US for a rate hike

now personally i would really like a rate hike because it would move the markets violently in 1 direction.
that means pips to all of us

I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,290
  • Jun 25, 2008 4:19am Jun 25, 2008 4:19am
i guess we are all praying for the same thing then.

MOE u there???????????????????????????????????????????????????????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,291
  • Jun 25, 2008 4:23am Jun 25, 2008 4:23am
Quoting Abuawad
Hi,
Sorry for the delay in positing...
Hallo guy ! Thanks for posting !

More better delay than post earlier in the unsure condition.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,292
  • Jun 25, 2008 4:26am Jun 25, 2008 4:26am
Went long at 1.9686
  • #72,293
  • Jun 25, 2008 4:27am Jun 25, 2008 4:27am
Quoting salah k.
i guess we are all praying for the same thing then.

MOE u there???????????????????????????????????????????????????????????
Hi Sal , since his latest view yesterday he was sure that it will MOVE UP, UP and UP when the cable still in the 1.9640 area .... No more review, it means RIGHT that will be UP....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,294
  • Jun 25, 2008 4:30am Jun 25, 2008 4:30am
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,295
  • Jun 25, 2008 4:36am Jun 25, 2008 4:36am
Hi, I don't see why people would long here before the meeting.
I mean the two scenarios are

1) No change - resulting in not much action as its already priced in
2) Rate hike - which should send cable back to the lows

Sure a cut would give us a boost, but what are the chances of that?

Maybe i'm being too simplistic. Im short btw
  • #72,296
  • Jun 25, 2008 4:39am Jun 25, 2008 4:39am
Quoting TradeToFly
Hi, I don't see why people would long here before the meeting.
I mean the two scenarios are

1) No change - resulting in not much action as its already priced in
2) Rate hike - which should send cable back to the lows

Sure a cut would give us a boost, but what are the chances of that?

Maybe i'm being too simplistic. Im short btw
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,297
  • Jun 25, 2008 4:47am Jun 25, 2008 4:47am
Lets see how far it will go today. I believe that cable is shooting northward, the momentum is gathering.Lets call Moe to put more fuel.
  • #72,298
  • Jun 25, 2008 4:49am Jun 25, 2008 4:49am
Quoting TradeToFly
Hi, I don't see why people would long here before the meeting.
I mean the two scenarios are

1) No change - resulting in not much action as its already priced in
2) Rate hike - which should send cable back to the lows

Sure a cut would give us a boost, but what are the chances of that?

Maybe i'm being too simplistic. Im short btw
There is no way they are going to cut rate again this month. They have been talking about inflation headwind and being attentative to dollar strength. If they cut, they will just have slapped themselves in the face.
Expected the unexpected
  • #72,299
  • Jun 25, 2008 4:54am Jun 25, 2008 4:54am
Quoting scyang
There is no way they are going to cut rate again this month. They have been talking about inflation headwind and being attentative to dollar strength. If they cut, they will just have slapped themselves in the face.
agreeed
cutting rates at this moment will do nothing good to their economy
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,300
  • Jun 25, 2008 4:56am Jun 25, 2008 4:56am
Quoting Runway Trade
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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