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Cable Update (GBPUSD)

  • #224,061
  • May 5, 2010 7:30pm May 5, 2010 7:30pm
we should be good till london. Looks like we are floating on the Euro??
Ah Luv the smell of a good prediction in the mornin!
  • #224,062
  • May 5, 2010 7:33pm May 5, 2010 7:33pm
If Labour do win, they have stated that they would not start paying back any debt until 2011 for fear of a double dip recession. This will make Sterling tank to new lows as the UK has now been declared as having the highest rate of debt in Europe as per this link http://www.guardian.co.uk/business/2...se-than-greece
  • #224,063
  • May 5, 2010 7:36pm May 5, 2010 7:36pm
Nice links..
Ah Luv the smell of a good prediction in the mornin!
  • #224,064
  • May 5, 2010 7:39pm May 5, 2010 7:39pm
wow... asian morning attack...
break the 200 on m5

Attached Image (click to enlarge)
Click to Enlarge Name: gu5.gif Size: 16 KB
i'll do my best, and let the old lady decide where she wanna go
  • #224,065
  • May 5, 2010 7:40pm May 5, 2010 7:40pm
Quoting cello
hi clogg,

is it safe to trade between opening - closing polls ? or should i wait for the result? it's gonna be on friday morning 07.00 in my country (BST+8).
on what time is the best time to watch the trend in the election?

thx
Cloggie said that you could get some serious whip-saw action as the results trickle in. Smaller constituencies will have their results in first as there are less votes to count. Where there is a close call, votes are usually recounted.

Is it safe to trade? Well, whatever you do, if you do decide to trade and Cloggie will be doing so and probably posting on here, make sure you use a large SL!

It should be safe to trade tomorrow, although saying that they do have exit polls, whereby they will ask people who they voted for after they come out of the polling station to give some indication as to what the result might be. This is probably more accurate then other polls, but still not a true representation and will only give an indication. However, this could cause PA to fluctuate. What I am saying is just be wary of price movements and keep an eye on news.

You can follow it on and I would regard this as the best and most reliable resource in the UK with regards to the election tomorrow -http://news.bbc.co.uk/1/hi/uk_politi...10/default.stm

I know Cloggie will be following it on the BBC!
  • #224,066
  • May 5, 2010 7:42pm May 5, 2010 7:42pm
Quoting cello
wow... asian morning attack...
break the 200 on m5

Attachment
Yeah! Same on EU!
  • #224,067
  • May 5, 2010 7:44pm May 5, 2010 7:44pm
..a George Bush/Florida style adjustment in your election...
A rate increase now would not help the deficit, only the ability to borrow more.

Quoting bbakker
If Labour do win, they have stated that they would not start paying back any debt until 2011 for fear of a double dip recession. This will make Sterling tank to new lows as the UK has now been declared as having the highest rate of debt in Europe as per this link http://www.guardian.co.uk/business/2...se-than-greece
Ah Luv the smell of a good prediction in the mornin!
  • #224,068
  • May 5, 2010 7:48pm May 5, 2010 7:48pm
Quoting Artcritique
..a George Bush/Florida style adjustment in your election...
A rate increase now would not help the deficit, only the ability to borrow more.
With the hanging, dimpled, or pregnant chads fiasco!

I believe the UK uses pen and paper and they mark a cross in a box. I am Dutch living in the UK and I am not allowed to vote.

Indeed, only cuts and austerity measures can reduce the rising debt!
  • #224,069
  • May 5, 2010 7:50pm May 5, 2010 7:50pm
thx bb... u r the man !!


Quoting bbakker
Cloggie said that you could get some serious whip-saw action as the results trickle in. Smaller constituencies will have their results in first as there are less votes to count. Where there is a close call, votes are usually recounted.

Is it safe to trade? Well, whatever you do, if you do decide to trade and Cloggie will be doing so and probably posting on here, make sure you use a large SL!

It should be safe to trade tomorrow, although saying that they do have exit polls, whereby they will ask people who they voted for after they come out of...
i'll do my best, and let the old lady decide where she wanna go
  • #224,070
  • May 5, 2010 7:50pm May 5, 2010 7:50pm
I should have known from the lampshade, that you were Dutch....


Quoting bbakker
With the hanging, dimpled, or pregnant chads fiasco!

I believe the UK uses pen and paper and they mark a cross in a box. I am Dutch living in the UK and I am not allowed to vote.

Indeed, only cuts and austerity measures can reduce the rising debt!
Ah Luv the smell of a good prediction in the mornin!
  • #224,071
  • May 5, 2010 7:59pm May 5, 2010 7:59pm
Quoting Artcritique
I should have known from the lampshade, that you were Dutch....


When I said Labour stated to pay back debt in 2011, what I actually meant is start reducing the yearly deficit. So it will stay at the predicted 12% for 2010, the highest in Europe! Labour forecast annual debt % of GDP will be reduced from the current 12% to 4% in 2014. So the debt will still be increasing by 2014, but at a slower rate if these muppets stay in power... LOL

Here is a link to a Moneyweek article which I posted and you might have missed discussing the possible reductions and the current state
http://www.forexfactory.com/showthre...91#post3687891

I am off to bed. See you in about 5 hours time.
  • #224,072
  • May 5, 2010 8:00pm May 5, 2010 8:00pm
Quoting Pip Hunterr
Good point Killer

I have demoed a few different brokers and I think it would be good to list those that are off with the time setting of their opening candle. I totaly agree it skews the charts. The ones I know of that have a "sunday candle" are IBFX and FXCM. The ones I know do NOT have the Sunday candle are FxLite, FXpro, and Alpari. I just switched back to Alpari for just that reason and was rather happy until I got the 3000 pip spike that didnt happen.

I think what it was is illegal trading same kind that is illegal at banks where the position on both sides then they give the loosing ones to their customers or their long list of orders waiting to be filled.
  • #224,073
  • May 5, 2010 9:28pm May 5, 2010 9:28pm
do you know why the ELECTIONS is HELD ON THURSDAYS???

Q : WHY ARE ELECTIONS HELD ON THURSDAYS?

A : They do not have to be - it is just a convention. One theory about its origins is that people were not paid until Fridays and so holding polls on Thursdays ensured they were not too drunk to vote. The Electoral Commission has recommended trials of weekend voting as a way of improving turnout.



source : BBC

so at Friday everyone will get drunk, becareful in trading dude. keep your acc healthy.
I will be the number one Manager.
  • #224,074
  • May 5, 2010 9:34pm May 5, 2010 9:34pm
hi java,

r u really selling coffee? own a coffee shop?
perhaps sometimes i can stop by to ur cafe and get drunk on caffein .
javanesse coffee is the best.. but torajan coffee is more expensive..

Quoting javapips
do you know why the ELECTIONS is HELD ON THURSDAYS???

Q : WHY ARE ELECTIONS HELD ON THURSDAYS?

A : They do not have to be - it is just a convention. One theory about its origins is that people were not paid until Fridays and so holding polls on Thursdays ensured they were not too drunk to vote. The Electoral Commission has recommended trials of weekend voting as a way of improving turnout.



source : BBC

so at Friday everyone will get drunk, becareful in trading dude. keep your acc healthy.
i'll do my best, and let the old lady decide where she wanna go
  • #224,075
  • May 5, 2010 9:57pm May 5, 2010 9:57pm
Quoting cello
hi java,

r u really selling coffee? own a coffee shop?
perhaps sometimes i can stop by to ur cafe and get drunk on caffein .
javanesse coffee is the best.. but torajan coffee is more expensive..

i never try torajan coffee before, so i can't comment... how about if you send me that coffee first, so i could taste it, and compare which one is the best coffee, need my address dude?,
I will be the number one Manager.
  • #224,076
  • May 5, 2010 9:58pm May 5, 2010 9:58pm
chances of cable going up are stronger currently

5070 held as support pushing cable to the topside

http://img687.imageshack.us/img687/4535/cablen.gif
  • #224,077
  • May 5, 2010 10:17pm May 5, 2010 10:17pm
Quoting javapips
i never try torajan coffee before, so i can't comment... how about if you send me that coffee first, so i could taste it, and compare which one is the best coffee, need my address dude?,
Gayo coffee is the best !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #224,078
  • May 5, 2010 10:29pm May 5, 2010 10:29pm
Quoting manize
Gayo coffee is the best !
coz they mixed marijuana on it
Verily, in every difficulties there is relief
  • #224,079
  • May 5, 2010 10:48pm May 5, 2010 10:48pm
Quoting manize
Gayo coffee is the best !
so you need my address or not bang manize?

i would really2 happy if each member here give me coffee from his place...,

but still, java bean is the best ever ever...


habis ini ada orang melayu nylonong "Coffee Tarik is the best"
I will be the number one Manager.
  • #224,080
  • May 5, 2010 11:01pm May 5, 2010 11:01pm
Quoting javapips
so you need my address or not bang manize?

i would really2 happy if each member here give me coffee from his place...,

but still, java bean is the best ever ever...


habis ini ada orang melayu nylonong "Coffee Tarik is the best"
Expensive --> 160 rb / kg !

Open an hot spot coffee cafe in Jakarta, I'll supply you, let us hit starbuck, OK ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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