Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#88,721
Sep 21, 2008 11:09am Sep 21, 2008 11:09am

Optimum
| Joined Jun 2008 | Status: Trader | 1,017 Posts

Quoting hard1head1

Disliked

May go back to 1.8181.

Jim

Ignored

sorry, I now the price 1,8312

30Min Chart

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#88,722
Sep 21, 2008 1:53pm Sep 21, 2008 1:53pm

cesarg
Joined Nov 2007 | Status: the path is very well lit now | 276 Posts

i see in marketiva prices moving up and UJ going down

#88,723
Sep 21, 2008 2:30pm Sep 21, 2008 2:30pm

hard1head1
| Commercial User | Joined Jul 2006 | 2,566 Posts

We should be looking for some kind of retrace here this evening. Possibly 1.8220, ( Daily Pivot ) and maybe even 1.8140, ( 15 Min 89 EMA ) area.

#88,724
Sep 21, 2008 2:33pm Sep 21, 2008 2:33pm

Abu-Rami
Joined Jul 2007 | Status: Senior Member | 1,553 Posts

I'm Back....

Attached Image

#88,725
Sep 21, 2008 2:59pm Sep 21, 2008 2:59pm

Chris_35
| Joined Aug 2008 | Status: Trader | 816 Posts

Quoting hard1head1

Disliked

We should be looking for some kind of retrace here this evening. Possibly 1.8220, ( Daily Pivot ) and maybe even 1.8140, ( 15 Min 89 EMA ) area.

Ignored

May I ask what period you worked out your daily pivots over as Mondays are never straight forward http://www.forexfactory.com/images/icons/icon7.gif

#88,726
Sep 21, 2008 3:06pm Sep 21, 2008 3:06pm

1iopen
| Joined Apr 2008 | Status: Trader | 1 Post

Welcome back Abuawad

#88,727
Sep 21, 2008 3:09pm Sep 21, 2008 3:09pm

hard1head1
| Commercial User | Joined Jul 2006 | 2,566 Posts

Yea, you really want to stick to scalping on Sunday night as it is unpredictable.

Quoting Chris_35

Disliked

May I ask what period you worked out your daily pivots over as Mondays are never straight forward http://www.forexfactory.com/images/icons/icon7.gif

Ignored

#88,728
Sep 21, 2008 3:10pm Sep 21, 2008 3:10pm

hard1head1
| Commercial User | Joined Jul 2006 | 2,566 Posts

Get in and grab a few pips and get the hell out. I am going to get at least 40 on E/J here on this gap trade.

Jim

#88,729
Sep 21, 2008 3:50pm Sep 21, 2008 3:50pm

torcuswelby
| Joined Dec 2006 | Status: Michigan Mike | 135 Posts

how low will it go?

Quoting Abuawad

Disliked

I'm Back....

Ignored

#88,730
Sep 21, 2008 4:44pm Sep 21, 2008 4:44pm

AmeriTrini
Joined Apr 2007 | Status: USF Statistics | 2,248 Posts

I recently heard that SteelHead has a trading plan that he is marketing for a mere $3995, to all who falls for this..............

.............and.......

................ a GIGANTIC.....................

LOL!!!!

#88,731
Sep 21, 2008 5:46pm Sep 21, 2008 5:46pm

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting AmeriTrini

Disliked

I recently heard that SteelHead has a trading plan that he is marketing for a mere $3995, to all who falls for this.............. .............and.......

................ a GIGANTIC.....................

LOL!!!!

Ignored

unbelievable....

Patience + Discipline - Greed = Success

#88,732
Sep 21, 2008 5:48pm Sep 21, 2008 5:48pm

MuSaB
| Joined Jan 2008 | Status: Enneagram 3w4 | 17 Posts

Quoting Abuawad

Disliked

I'm Back....

Ignored

Welcome back Abuawad. i miss your analyzes.

#88,733
Sep 21, 2008 7:23pm Sep 21, 2008 7:23pm

BRForex
| Membership Revoked | Joined Dec 2006 | 259 Posts

For every dollar of GDP, there is $3.49 of debt

For every dollar of GDP, there is $3.49 of debt
By BILL GREINER
Chief investment officer, UMB Asset Management

First and foremost, we believe that too much debt currently exists in the U.S. economy.

As compared to the Gross Domestic Product, the total debt picture within the U.S. is 349 percent. In other words, for every dollar of GDP, there exists $3.49 of debt. Other countries are much less leveraged than we are.

As another background point, investment banking operations have historically been the core business of the brokerage houses. In the last few years, with the proliferation of debt within the economy, these firms have focused more of their time and capital on trading their own “book” instead of spending time and energy on the investment banking business. These firms have become much more reliant on their book profitability than their core business — investment banking.

At this stage, enter the hedge fund managers. Hedge fund investment strategies vary all over the map.

more here:
For every dollar of GDP, there is $3.49 of debt

#88,734
Sep 21, 2008 8:55pm Sep 21, 2008 8:55pm

torcuswelby
| Joined Dec 2006 | Status: Michigan Mike | 135 Posts

Quoting BRForex

Disliked

For every dollar of GDP, there is $3.49 of debt
I cought about 50 pips of the ride up,but I sure am confused now,what does anyone see?
For every dollar of GDP, there is $3.49 of debt
By BILL GREINER
Chief investment officer, UMB Asset Management

First and foremost, we believe that too much debt currently exists in the U.S. economy.

As compared to the Gross Domestic Product, the total debt picture within the U.S. is 349 percent. In other words, for every dollar of GDP, there exists $3.49 of debt. Other countries are much less leveraged than we are.

As another background point, investment banking operations have historically been the core business of the brokerage houses. In the last few years, with the proliferation of debt within the economy, these firms have focused more of their time and capital on trading their own “book” instead of spending time and energy on the investment banking business. These firms have become much more reliant on their book profitability than their core business — investment banking.

At this stage, enter the hedge fund managers. Hedge fund investment strategies vary all over the map.

more here:
For every dollar of GDP, there is $3.49 of debt

Ignored

#88,735
Sep 21, 2008 8:56pm Sep 21, 2008 8:56pm