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Cable Update (GBPUSD)

  • #173,541
  • Oct 6, 2009 11:43am Oct 6, 2009 11:43am
Quoting francish
sorry. i am afraid not.
past 12, azim. sudah morning. so are u looking to tp gj now?
oops .. I didn't realise.
No, not yet btw. Btw francis, i think paul was referring to this :
http://www.independent.co.uk/news/bu...r-1798175.html
Thank You
  • #173,542
  • Oct 6, 2009 11:49am Oct 6, 2009 11:49am
Quoting wormboy
lol not today bro
...be good to play back gu in thus london-ny
  • #173,543
  • Oct 6, 2009 11:52am Oct 6, 2009 11:52am
Quoting wormboy
oops .. I didn't realise.
No, not yet btw. Btw francis, i think paul was referring to this :
http://www.independent.co.uk/news/bu...r-1798175.html

i wouldnt be surprised if this goes to 1.60 again...damnit check out my sell...
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  • #173,544
  • Oct 6, 2009 11:53am Oct 6, 2009 11:53am
Quoting wormboy
come on dragon .. 115 pips more to go fuh fuHHHHHHH tiupppppppp
u must be collectiong lodsa pips though

where are u from, perhaps we may ngeteh in the future n talk no other things except forex
  • #173,545
  • Oct 6, 2009 11:54am Oct 6, 2009 11:54am
Quoting linda.gal
i am new to this thread hi to all
hi gal..welcome2
  • #173,546
  • Oct 6, 2009 11:55am Oct 6, 2009 11:55am
Quoting francish
thanks.

just moved my tp (up) to 4729. hahaha.
scary cat!
lor....but ok la play safe right?
  • #173,547
  • Oct 6, 2009 11:56am Oct 6, 2009 11:56am
Quoting Johor JCS
u must be collectiong lodsa pips though

where are u from, perhaps we may ngeteh in the future n talk no other things except forex
'
hello johor jcs......jcs mean for????
  • #173,548
  • Oct 6, 2009 11:57am Oct 6, 2009 11:57am
You know, there are some seismic events being talked about right now. And this very talk is causing some massive shifts of capital from the US to EM countries, commodities and commodity-related currencies, as investors speculate, rightly or wrongly, this to be the start of the dollar's demise as the pre-eminent reserve currency of the world. The price moves have nothing to do with manipulation or "funnymentals", as I see some have claimed in recent days. These are real-world events.

It is, therefore, so very dangerous for traders to think of shorting an asset, such as gold, or any other that's experienced a run-up in price, just because it is showing as o/b on their preferred timeframe. To completely ignore, or fail to understand, the fundamentals and accompanying investor sentiment at times like these is foolish to the extreme.

Personally, I think the shift away from the dollar is inevitable, but it will take place over an extended period of time, over many years and not months, as EM countries slowly abolish dollar pegs and allow their currencies to float freely. This will mean a hit to the value of their remaining dollar assets, but they will have no other choice as inflation takes hold in their respective jurisdictions, due to excessively loose US monetary policy. However, in the short-term, the market is giving seerious credence to this theme right now, making it a total gamble to stand in the way of such a strong trend and try to pick tops.
  • #173,549
  • Oct 6, 2009 11:57am Oct 6, 2009 11:57am
Quoting Johor JCS
u must be collectiong lodsa pips though

where are u from, perhaps we may ngeteh in the future n talk no other things except forex
yes, i knew of the "devaluation of usd". juz cant comprehend why gold suddenly went up in us session and not earlier.
ok. good night folks. going to bed. closed my short positions for eu and nu. thanks for your words of wisdom.

i m from jb. where from buddy? what is jcs
  • #173,550
  • Oct 6, 2009 11:58am Oct 6, 2009 11:58am
with tht news whats that mean for the dollar...surely that cant happen, what will be the consquences of oil being in priced in another currency..sorry to ask stupid questions?

someone wrote this "Spot on. These economic/geopolitical shifts are seismic in nature - unpredictable and uncontrollable, but we know they do occur from time to time, and we can prepare for them.

If this thesis is even partially right, we can expect sterling to be sold off even more urgently than the dollar. The euro will start to look very attractive if London starts to go the way of Dublin and Reykjavik.

British Euro-scepticism comes at a dangerous time."


holly mother..
  • #173,551
  • Oct 6, 2009 11:59am Oct 6, 2009 11:59am
Quoting wormboy
good morning??
aren't we in the same timezone francis?
I'm selling btw
ya la 12.58am atm what....mamun ka?
  • #173,552
  • Oct 6, 2009 12:00pm Oct 6, 2009 12:00pm
Quoting akumelayu
'
hello johor jcs......jcs mean for????
johor civil service ... can't wait to short more on cable, making tonnes of monies, gonna partying somewhere in europe
  • #173,553
  • Oct 6, 2009 12:00pm Oct 6, 2009 12:00pm
Quoting nAVIN2007
i wouldnt be surprised if this goes to 1.60 again...damnit check out my sell...
the sell should be at the buy & vice versa
what do you plan to do with this bro?
Thank You
  • #173,554
  • Oct 6, 2009 12:02pm Oct 6, 2009 12:02pm
Quoting Johor JCS
u must be collectiong lodsa pips though

where are u from, perhaps we may ngeteh in the future n talk no other things except forex
got la collect a bit a bit. cukup makan
From penang bro, I take it you're from johor?
Thank You
  • #173,555
  • Oct 6, 2009 12:02pm Oct 6, 2009 12:02pm
Quoting linda.gal
i am new to this thread hi to all
hi mate...welcome a board
  • #173,556
  • Oct 6, 2009 12:05pm Oct 6, 2009 12:05pm
Quoting Johor JCS
johor civil service ... can't wait to short more on cable, making tonnes of monies, gonna partying somewhere in europe
party in europe..we can go together..
  • #173,557
  • Oct 6, 2009 12:06pm Oct 6, 2009 12:06pm
Quoting wormboy
got la collect a bit a bit. cukup makan
From penang bro, I take it you're from johor?
yeah from johor, please pm me your ym ID, we may chat later.

i am going to bed everybody, tomorrow is a hot working day lol
  • #173,558
  • Oct 6, 2009 12:07pm Oct 6, 2009 12:07pm
Quoting wormboy
the sell should be at the buy & vice versa
what do you plan to do with this bro?
i hope this mofo is planing to go up its in a range then exit the long...carry the short stop outside the red box
  • #173,559
  • Oct 6, 2009 12:09pm Oct 6, 2009 12:09pm
Quoting wormboy
the sell should be at the buy & vice versa
what do you plan to do with this bro?
lol, cable bounced F38 from DS1.. looks to me as a bear flag on 15 min.. with target at LTL=1.582

only.... GOLD need to pullback under 1025...

p
  • #173,560
  • Oct 6, 2009 12:09pm Oct 6, 2009 12:09pm
Quoting gammase1
You know, there are some seismic events being talked about right now. And this very talk is causing some massive shifts of capital from the US to EM countries, commodities and commodity-related currencies, as investors speculate, rightly or wrongly, this to be the start of the dollar's demise as the pre-eminent reserve currency of the world. The price moves have nothing to do with manipulation or "funnymentals", as I see some have claimed in recent days. These are real-world events.

It is, therefore, so very dangerous for traders to think of...
Paul.
China economy depends much on dollar strength no? But, I can't make out the rationale for them working with the arabians to use another currency for their trade dealings. How does that work? I really don't understand how that would benefit China.
Thank You
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