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Cable Update (GBP/USD) without Idiots 24 replies

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Cable Update (GBPUSD)

Quoting Emanuele
Up and down, up and down. Why won't it just go up... just to 1.537 so I can close my position and everybody is happy.
LOL. Just because there were good numbers out of the US, does not mean it won't go up!
Quoting cloggie
As I said

the king
Quoting Dazzer
I'm in for a long at 1.53440 on 2 positions. SL 1.5315 for both and 1% risk each.

1st TP at 1.53710
2nd TP at 1.54196

Lets see what happens


Dazzer
I like that... still waiting but thinking on the same lines!
Quoting Emanuele
just to 1.537 so I can close my position and everybody is happy.

Not likely. You may have to wait till well in the NY session.
Quoting bbakker
LOL. Just because there were good numbers out of the US, does not mean it won't go up!
Exactly. Probably already priced in.
Just opened another long. Average price 5342. TP 5400 SL 5315
Quoting bbakker
I like that... still waiting but thinking on the same lines!

in green but risky
Quoting Dazzer
I'll send you a picture.
Very CLEAR... Thank's Bro
Always looking the GREAT, never left GOOD Point...
Quoting bbakker
I like that... still waiting but thinking on the same lines!
bbakker,
Maybe you'll do better to wait as PA may get pushed down further. I just thought that it was already priced in. If I lose, its just a little one, still up on the day.

Good luck and don't be buying my stop either!!!
Quoting Tsar
Very CLEAR... Thank's Bro

my man how are u
Quoting bbakker
I like that... still waiting but thinking on the same lines!
There is nothing in the PA now that keeps this from still touching my target of 5294. I am flat had a good morning.
Quoting Dazzer
bbakker,
Maybe you'll do better to wait as PA may get pushed down further. I just thought that it was already priced in. If I lose, its just a little one, still up on the day.

Good luck and don't be buying my stop either!!!
The volume dropped lower than the previous 2 bars on that last candle M5 when the spread was bigger.

Still gonna hang on to them longs unless I get stopped.

Dazzer
This is from Bloomberg http://www.bloomberg.com/apps/news?p...PqMexHGM&pos=4

Portugal risks becoming the new Greece.
With a higher debt burden and a slower 10-year growth rate than Greece, Western Europe’s poorest country is being punished by investors as the sovereign debt crisis spreads. The risk premium on Portuguese bonds rose to more than double the past year’s average this month. Portugal’s credit default swaps show investors rank its debt as the world’s eighth-riskiest, worse than for Lebanon and Guatemala.
Quoting cloggie
There is nothing in the PA now that keeps this from still touching my target of 5294. I am flat had a good morning.

hey bro me and my guys in the way watch it
Attached Images
Quoting forexchequer
This is from Bloomberg...
How does this affect the GBP/USD?
trichet is speeking in chicago
Quoting cloggie
Today? Not, this has been discussed and dissected to death. Let's see what kind of austerity plan they come up with, if it is insufficient the euro will drop, the IMF will come over with a chequebook and the euro will go back up, the rest of the piigs next with the same scenario. Germany, France and the Benelux will not let the euro crumble now. Once the recovery is solid that is another story.
They can always expel the weaker countries and they can go back to their local currency. Rename it to the NorEur... Northern Euro
Quoting kill56
my man how are u
Learn Magix's System & Dazzer's System, Bro.

And Cross Check with my INDI's...
My Estimated Apr 25, 2010 12:04pm in Post #221265
will be Alive...
Always looking the GREAT, never left GOOD Point...
Quoting bbakker
They can always expel the weaker countries and they can go back to their local currency. Rename it to the NorEur... Northern Euro

An easier and outright better solution is for the weaker countries to leave the euro, go back to their original currency, devalue that and rejoin the euro at a more favourable rate for them without the rest of euroland to shoulder the debt at these levels.

Or do what Greece did, a bit of grandstanding and get bailed out by the rest.
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