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Cable Update (GBPUSD)

  • #79,821
  • Aug 5, 2008 4:44am Aug 5, 2008 4:44am
Good moning guys,
I hope nobody dies today.

Longs traders, hang in there, I see light at the end of the tunnel. lol

Warta, wise man, patience and experience will keep you out of trouble.

Now, see ya later guys. I need to go now.
  • #79,822
  • Aug 5, 2008 4:44am Aug 5, 2008 4:44am
am off to bed guys see u at 2 G.M.T
  • #79,823
  • Aug 5, 2008 4:48am Aug 5, 2008 4:48am
Quoting warta
am off to bed guys see u at 2 G.M.T
Don't Get Bitter, Get Better
  • #79,824
  • Aug 5, 2008 4:58am Aug 5, 2008 4:58am
There is NO inflation currently in USA, just a slight recession, so IN AN ACADEMIC POINT OF VIEW, Bernanke was damn right by lowering the interest rate to stimulate demand for credits.

Though the effects of this will be seen not sooner than next year.
  • #79,825
  • Aug 5, 2008 5:17am Aug 5, 2008 5:17am
Quoting Ulterior
There is NO inflation currently in USA, just a slight recession, so IN AN ACADEMIC POINT OF VIEW, Bernanke was damn right by lowering the interest rate to stimulate demand for credits.

Though the effects of this will be seen not sooner than next year.
are u being serious??????????
there is no inflation in the US
so far it is the country feeling it the most due to a weak currency and a global inflation on food and oil

wat are u talking about
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #79,826
  • Aug 5, 2008 5:18am Aug 5, 2008 5:18am

1.9550 very important support. if it broke I'll be in real trouble
When life gives you lemons, make lemonade
  • #79,827
  • Aug 5, 2008 5:28am Aug 5, 2008 5:28am
Quoting salah k.
are u being serious??????????
there is no inflation in the US
so far it is the country feeling it the most due to a weak currency and a global inflation on food and oil

wat are u talking about
Rising fuel costs are not rising merchandise prices as it is in europe now. So USA inflation compared to global inflation is at a normal and expected rate.

EXPECTED is GOOD FOR THE CURRENCY
  • #79,828
  • Aug 5, 2008 5:31am Aug 5, 2008 5:31am
Quoting Ulterior
Rising fuel costs are not rising merchandise prices as it is in europe now. So USA inflation compared to global inflation is at a normal and expected rate.

EXPECTED is GOOD FOR THE CURRENCY
their inflation is getting out of hand because of their weak currency whereas euro currency is strong and able to fight the inflation going on in europe

by the way dont trust the numbers coming out
ask the people living in the US they will tell u wats really happening
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #79,829
  • Aug 5, 2008 5:35am Aug 5, 2008 5:35am
Quoting salah k.
their inflation is getting out of hand because of their weak currency whereas euro currency is strong and able to fight the inflation going on in europe

by the way dont trust the numbers coming out
ask the people living in the US they will tell u wats really happening
Well, I would better ask EUROPEANS why it is cheaper for them, to fly to USA on weekdays for shopping.
  • #79,830
  • Aug 5, 2008 5:49am Aug 5, 2008 5:49am
Quoting Ulterior
There is NO inflation currently in USA, just a slight recession, so IN AN ACADEMIC POINT OF VIEW, Bernanke was damn right by lowering the interest rate to stimulate demand for credits.

Though the effects of this will be seen not sooner than next year.
  • #79,831
  • Aug 5, 2008 5:50am Aug 5, 2008 5:50am
bang bang pound is dead

i wonder why there is nobody on this forum these couple of days, maybe all the accounts were blown
Attached Image
When life gives you lemons, make lemonade
  • #79,832
  • Aug 5, 2008 5:54am Aug 5, 2008 5:54am
Quoting micho
bang bang pound is dead

i wonder why there is nobody on this forum these couple of days, maybe all the accounts were blown
I'm still here, shorting from 1.9850 from the last week...
  • #79,833
  • Aug 5, 2008 5:58am Aug 5, 2008 5:58am
Quoting Runway Trade
  • #79,834
  • Aug 5, 2008 6:02am Aug 5, 2008 6:02am
Quoting Abuawad
I'm still here, shorting from 1.9850 from the last week...
check this out
Attached Image (click to enlarge)
Click to Enlarge Name: noteswingshortandlong.gif Size: 61 KB
  • #79,835
  • Aug 5, 2008 6:11am Aug 5, 2008 6:11am
Quoting nAVIN2007
this is falling to damn quick...
I think there's a ray of light at the end of the tunnel, guys. It was just Monday. Let's get some cash back in your hand. Let's buy some back what you sold yesterday.
{Promotion Removed}
  • #79,836
  • Aug 5, 2008 6:16am Aug 5, 2008 6:16am
Quoting Abuawad
I'm still here, shorting from 1.9850 from the last week...
my free margin got me in trouble.. i'm bumbed out!!!!
  • #79,837
  • Aug 5, 2008 6:19am Aug 5, 2008 6:19am
double bottom confirmation? I would gladly see at least 50% retracement
Attached Image
  • #79,838
  • Aug 5, 2008 6:27am Aug 5, 2008 6:27am
Quoting Abuawad
I'm still here, shorting from 1.9850 from the last week...
Where is your tp level? Are you going to hang on to your short for a couple of days more?
Expected the unexpected
  • #79,839
  • Aug 5, 2008 6:29am Aug 5, 2008 6:29am
This baseless $ based strength is going to go on till FOMC.. after that, maybe it will get whacked.
  • #79,840
  • Aug 5, 2008 6:32am Aug 5, 2008 6:32am
Quoting scyang
Where is your tp level? Are you going to hang on to your short for a couple of days more?
1.9445 i'll close 75% from the open positions, and hold the 25% to 1.9400 and after that watch cable and hunting the rigth point to enter the long to 2.0150 & 2.0250
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