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Cable Update (GBPUSD)

  • #155,301
  • Aug 5, 2009 8:24am Aug 5, 2009 8:24am
up up up please...
waiting for 1.7020
  • #155,302
  • Aug 5, 2009 8:27am Aug 5, 2009 8:27am
News around the corner.
  • #155,303
  • Aug 5, 2009 8:29am Aug 5, 2009 8:29am
Hey BB, you holding any position right now?
Ghost Rider - WWTBMD?
  • #155,304
  • Aug 5, 2009 8:34am Aug 5, 2009 8:34am
Quoting albchr
Hey BB, you holding any position right now?
yup long from 1.7000 bro.... look'n for 1.7050
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,305
  • Aug 5, 2009 8:38am Aug 5, 2009 8:38am
anyone worrying about NIESR UK GDP estimate in 20 min, i think long ones should be carefull, if we look at previous negative gdp news this could be a dissapointment for ones who are long, or am i just too worried/stressful????
  • #155,306
  • Aug 5, 2009 8:39am Aug 5, 2009 8:39am
Quoting Bull_Bear
yup long from 1.7000 bro.... look'n for 1.7050
Ditto - Good news will send it up, bad news down - think it's gonna be good.
May the forex be with you |
  • #155,307
  • Aug 5, 2009 8:43am Aug 5, 2009 8:43am
Quoting bull_bear
yup long from 1.7000 bro.... Look'n for 1.7050
bb like cable is too much up must have to come down
  • #155,308
  • Aug 5, 2009 8:49am Aug 5, 2009 8:49am
Quoting FXFundi
Ditto - Good news will send it up, bad news down - think it's gonna be good.
y do ISM non-manufacturing good news will bring GBP up?
  • #155,309
  • Aug 5, 2009 8:49am Aug 5, 2009 8:49am
Quoting Faryad
bb like cable is too much up must have to come down
I know Faryad, I feel theres more selling pressure in the 1.7050 area. Chart posted earlier.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,310
  • Aug 5, 2009 8:50am Aug 5, 2009 8:50am
Quoting Bull_Bear
yup long from 1.7000 bro.... look'n for 1.7050
This is just nuts...lol I'm flat atm.

The more I think about this, the more I think AMS may have something here. The only country we in the USA have a prayer of funding our ridiculous debt is China. Since they're already holding massive amounts (that are probably losses at this point) the only way to get them to buy more of it is to promise a good enough ROI to help cover the loss.

I know nothing about fundies but it sure would make sense to devalue the dollar, let them buy up more debt and then pump the buck back up again...no?
Ghost Rider - WWTBMD?
  • #155,311
  • Aug 5, 2009 8:51am Aug 5, 2009 8:51am
Quoting Bull_Bear
I know Faryad, I feel theres more selling pressure in the 1.7050 area. Chart posted earlier.
WELL BRO TRADE SAFE
  • #155,312
  • Aug 5, 2009 8:52am Aug 5, 2009 8:52am
Thank You
  • #155,313
  • Aug 5, 2009 8:57am Aug 5, 2009 8:57am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
technicals is to trade daily, fundamentals is to trade long term.

How will you attract me to buy from you??
By promising good returns.

There is nothing more than you scratch my back and I'll do yours.

IMP, just got to know .....These boys have to sell their $75 bln worth of bonds tomorrow!!

I wouldn't be surprised if these boys buy the dollar in the name of consolidating the market and when it's all sold. They will push the dollar to it's upper limit so china can benefit either ways. Bought bonds when dollar was cheap and selling them when it's high, and earning good interest in high dollar, lol. What else do you want.

At some point these boys will start selling dollar again or china will start selling it and then currency will go up again.

However, trend is up and I would only buy when this thing is tired of selling and china starts selling bonds secretly :-)


They have one solid bank to manipulate all this. I won't take the name as some people gets offended, and I cannot prove it. But that's how it works!!

You know who is keeping the £ alive at the mo. UK guys/banks. Else it would have tanked yesterday.






Quoting albchr
This is just nuts...lol I'm flat atm.

The more I think about this, the more I think AMS may have something here. The only country we in the USA have a prayer of funding our ridiculous debt is China. Since they're already holding massive amounts (that are probably losses at this point) the only way to get them to buy more of it is to promise a good enough ROI to help cover the loss.

I know nothing about fundies but it sure would make sense to devalue the dollar, let them buy up more debt and then pump the buck back up again...no?
  • #155,314
  • Aug 5, 2009 8:58am Aug 5, 2009 8:58am
Quoting wormboy
LOL... and what would your shit eating grin be about there bucky?
Ghost Rider - WWTBMD?
  • #155,315
  • Aug 5, 2009 9:01am Aug 5, 2009 9:01am
I think my short wins now!!
  • #155,316
  • Aug 5, 2009 9:03am Aug 5, 2009 9:03am
Quoting albchr
This is just nuts...lol I'm flat atm.

The more I think about this, the more I think AMS may have something here. The only country we in the USA have a prayer of funding our ridiculous debt is China. Since they're already holding massive amounts (that are probably losses at this point) the only way to get them to buy more of it is to promise a good enough ROI to help cover the loss.

I know nothing about fundies but it sure would make sense to devalue the dollar, let them buy up more debt and then pump the buck back up again...no?
I'm not much of a fundamentalist trader bro. I'm purely technical as PA is captured by the fundamentals events that moves the market. The chart is my best friend and I believe that over self interpretation of fundamentals. Having said that I do have an understanding of how the events affect PA, but not to the extent that drives my trading decisions.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,317
  • Aug 5, 2009 9:05am Aug 5, 2009 9:05am
Quoting albchr
LOL... and what would your shit eating grin be about there bucky?
that ----->
http://www.forexfactory.com/showpost...postcount=2210

so much for bullish pressure
Thank You
  • #155,318
  • Aug 5, 2009 9:07am Aug 5, 2009 9:07am
Quoting wormboy
that ----->
http://www.forexfactory.com/showpost...postcount=2210

so much for bullish pressure
"Bullish pressure" from this talk forum ..
  • #155,319
  • Aug 5, 2009 9:08am Aug 5, 2009 9:08am
Quoting Yngwie
Hi guys! GU indicate bullish pressure. my position [email protected] [email protected] [email protected] Happy trading!
s/l hitted ?
  • #155,320
  • Aug 5, 2009 9:09am Aug 5, 2009 9:09am
Quoting mktjong
"Bullish pressure" from this talk forum ..
lol. Now my trade is safe. I'm out to make noise again lol.
how's it going mk, not trading the dragon today?
Thank You
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