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Cable Update (GBPUSD)

  • #229,901
  • Jun 4, 2010 6:47am Jun 4, 2010 6:47am
becarefull little below 1.4510.
see you, chart latter. i still have problem, want to TP but my broker connection die.., want to play cheat???
I will be the number one Manager.
  • #229,902
  • Jun 4, 2010 7:05am Jun 4, 2010 7:05am
Quoting javapips
becarefull little below 1.4510.
see you, chart latter. i still have problem, want to TP but my broker connection die.., want to play cheat???
i think better u restart ur computer..
  • #229,903
  • Jun 4, 2010 7:20am Jun 4, 2010 7:20am
PA reveals news leak, see u at 1.43
  • #229,904
  • Jun 4, 2010 7:27am Jun 4, 2010 7:27am
lion i got my 14580's
  • #229,905
  • Jun 4, 2010 7:35am Jun 4, 2010 7:35am
I am thinking 1 4350 possibly here guys, any takers?

Jim
  • #229,906
  • Jun 4, 2010 7:36am Jun 4, 2010 7:36am
300 pip candle and counting on E/J
  • #229,907
  • Jun 4, 2010 7:37am Jun 4, 2010 7:37am
Cable keeping with the program...

H4 Sherpa sell, targeting support in the 1.42s.

http://www.forexfactory.com/showpost...stcount=229577
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: cableh4s.jpg Size: 132 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #229,908
  • Jun 4, 2010 7:37am Jun 4, 2010 7:37am
Quoting Nene
I am thinking 1 4350 possibly here guys, any takers?

Jim
with this NFP no. why not i will sell the darn rallies
  • #229,909
  • Jun 4, 2010 7:38am Jun 4, 2010 7:38am
Hey guys, I have an advisor who told me at the beginning of the week to short cable and put my stop at 1.4788 and short the hell out of it. LOL, lookslike he was spot on. I did not heeed it myself, though.

im
  • #229,910
  • Jun 4, 2010 7:38am Jun 4, 2010 7:38am
Quoting Magix
Cable keeping with the program...

H4 Sherpa sell, targeting support in the 1.42s.

http://www.forexfactory.com/showpost...stcount=229577

  • #229,911
  • Jun 4, 2010 7:39am Jun 4, 2010 7:39am
Quoting malcolmb14
$10 says nfp does not meet stocks drop and gu drops , at least into support
call me a wtich .. pretty much knew nfp was going to miss and markets drop .. in fact 90% sure of it.

GS and I are tight and i have a bat phone right to their CEO
Blogging daily now at www.volume.zone
  • #229,912
  • Jun 4, 2010 7:39am Jun 4, 2010 7:39am
The May reading of the net change for Non-farm Payrolls is +431k
This was expected to be +536k.

The May reading of the net change for Private Sector Non-farm Payrolls is +41k
This was expected to be +180k.

The May reading of the Unemployment Rate is down two tenths to 9.7%
This was expected to be 9.8%, down one tenth from the month before.

The May reading of Average Hourly Wages is +0.3%
This was expected to be +0.1% on a month on month basis.

The May reading of the Average Work Week is up one tenth to 34.2 hours
This was expected to be steady at 34.1 hours.
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  • #229,913
  • Jun 4, 2010 7:42am Jun 4, 2010 7:42am
If this support line goes, look out.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 29 KB
  • #229,914
  • Jun 4, 2010 7:42am Jun 4, 2010 7:42am
Have the bulls left the building yet?
******************* I'd rather make money than be right.
  • #229,915
  • Edited 7:57am Jun 4, 2010 7:45am | Edited 7:57am
NFP 431 K < forecast 521 K ---> UP
UER 9.7 % < forecast 9.8% ---> DOWN
AHE 3% > forecast 1% ---> DOWN

So I confuse ! Let me see H1/200, how far its strong to support the down pressure !
Attached Image (click to enlarge)
Click to Enlarge Name: 040610.gif Size: 84 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #229,916
  • Jun 4, 2010 7:48am Jun 4, 2010 7:48am
Quoting malcolmb14
call me a wtich .. pretty much knew nfp was going to miss and markets drop .. in fact 90% sure of it.

GS and I are tight and i have a bat phone right to their CEO
can you show us why?
  • #229,917
  • Jun 4, 2010 7:48am Jun 4, 2010 7:48am
Quoting manize
NFP 431 K < forecast 521 K ---> UP
UER 9.7 % < forecast 9.8% ---> DOWN
AHE 3% > forecast 1% ---> DOWN

So I confuse !
nfp misses by 100 k .... BUT the big issues is I think nfp was meant to have about 450 k new part time consensus workers ....

so we may have printed a negative nfp for the private sector if you remove these numbers
Blogging daily now at www.volume.zone
  • #229,918
  • Jun 4, 2010 7:50am Jun 4, 2010 7:50am
Quoting malcolmb14
nfp misses by 100 k .... BUT the big issues is I think nfp was meant to have about 450 k new part time consensus workers ....

so we may have printed a negative nfp for the private sector if you remove these numbers
http://www.marketwatch.com/story/hir...10-06-04-83100

431 k seasonal job 450 k nfp ...that makes a mere 19 k new job created in private sector and even these could be seasonal .
Blogging daily now at www.volume.zone
  • #229,919
  • Jun 4, 2010 7:57am Jun 4, 2010 7:57am
Quoting malcolmb14
http://www.marketwatch.com/story/hir...10-06-04-83100

431 k seasonal job 450 k nfp ...that makes a mere 19 k new job created in private sector and even these could be seasonal .

mal what the volume in this move down on both eu and gu plz
  • #229,920
  • Jun 4, 2010 8:04am Jun 4, 2010 8:04am
very hard to break this support
Attached Image (click to enlarge)
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