1.610
Cable Update (GBPUSD)
- #93,962
- Oct 25, 2008 3:47am Oct 25, 2008 3:47am
- Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts
When life gives you lemons, make lemonade
- #93,963
- Oct 25, 2008 5:07am Oct 25, 2008 5:07am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Here is the weekly chart after the close..... with the present conditions, it is best to wait for price action to show the way before jumping in. We had a massive bearish weekly candle but it also shows a bounce off the 76.4 fib level. Conditions are os and turning up on the weekly and dailies too, so a significant retracement could be on soon (I wouldn't bet on it though). I think the fact that we closed below 1.6000 is significant but how much so is yet to be seen. The way things are going, I wouldn't rule out a 100% move back to 1.3700 area in the coming months...
Anyway, it's that time again so whether you made pips or lost pips this week, release some stress by going out, relaxing and PARTYING....
- #93,964
- Edited 3:35pm Oct 25, 2008 5:11am | Edited 3:35pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I might buy some at zero, or wait for it to go negative like some US bonds.
Does negative mean i get paid to take a truckload of gbp away and get paid for doing it is in USD ? I suppose it means i spend $100 buying GBP but that GBP has an obligation to pay Mr darling a sum of money
Nope I reckon 0.0001 is the bottom
Think when it gets to $1.1= £1 i will go and live at 'Ilkley moor baht 'at ' and buy a mansion with a swimming pool for a fistful of dollars
can't wait for my next UK visit - the pub will be empty - no standing in line - and the beer will be 10 cents a barrel
amazing how the US fixed its twin deficits, wars, failing car industry/manufacturing etc etc and came out smiling and on top again... and they said it could not be done
or did it..... bad news for wind farms /solar/ electric cars/t boone pickens - oil is cheaper than bottles of spa water again
i think this is so stupid and make no sense. now im stuck here .i cant even afford to get a plane ticket...pound sucks in value
its seems it was a dream that pound was at 1.93 that seem very high now
i just have to make more pips now
- #93,966
- Oct 25, 2008 11:32am Oct 25, 2008 11:32am
- Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts
When life gives you lemons, make lemonade
- #93,968
- Oct 26, 2008 12:00am Oct 26, 2008 12:00am
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
- #93,970
- Oct 26, 2008 2:27am Oct 26, 2008 2:27am
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
probably same gap...but opposite...
It usually the same
- #93,972
- Oct 26, 2008 2:33am Oct 26, 2008 2:33am
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
- #93,973
- Oct 26, 2008 6:22am Oct 26, 2008 6:22am
- | Joined Apr 2008 | Status: Lets Hunt The Treasure | 102 Posts
Never happen like that before.
It usually the same
last night i watch on http://www.tenfore.com when EU up, GU down, n EG up...anw GL with ur position...
- #93,976
- Oct 26, 2008 3:16pm Oct 26, 2008 3:16pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
Current Cable rate:1.5840
- #93,977
- Oct 26, 2008 3:39pm Oct 26, 2008 3:39pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts
Wow....that is already 65 pips down feom closing price
When life gives you lemons, make lemonade
- #93,978
- Oct 26, 2008 3:51pm Oct 26, 2008 3:51pm
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
USD Est Non Mortuus
- #93,979
- Oct 26, 2008 4:07pm Oct 26, 2008 4:07pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts
When life gives you lemons, make lemonade
- #93,980
- Oct 26, 2008 4:16pm Oct 26, 2008 4:16pm
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
USD Est Non Mortuus