Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#239,701
Jul 20, 2010 11:38pm Jul 20, 2010 11:38pm

Caravanpark
| Joined Mar 2010 | Status: Trader | 268 Posts

Quoting Allseeingeye

Disliked

If you look at the last 30-60 days all the news coming out about the Financial conditions of the debt & Gilts & public debt are all saying that England is worst then Greece yet the pound keeps going up! Last week they said that they had found an ADDITIONAL 7 TRILLION Pounds of Public debt, now if you do the math you have a massive heart attack because there are only 60 MILLION People in the UK so it would be like we found 42 Trillion in new debt here in the States so sooner or later this thing is going to FALL HARD & FAST! Yet this thing keeps going...

Ignored

How right you are. It makes no sense.

#239,702
Jul 20, 2010 11:39pm Jul 20, 2010 11:39pm

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting JamesCZ

Disliked

Hey Navin, could you please tell me name of the indicator in the right top corner of your chart? And second question, we have almost same view, I have two positions opened...what's your TP? My is somewhere around 5460.

Ignored

sure buddy ..
tp1 = 1.55
tp2= 1.57
tp3 = 1.60

Quoting kill56

Disliked

here u go bro i hope its the one

PW = free_at_tsd

Ignored

Attached File(s)

%23Signal_Bars_v9%20.ex4 39 KB | 408 downloads

#239,703
Jul 20, 2010 11:41pm Jul 20, 2010 11:41pm

Allseeingeye
| Joined Sep 2009 | Status: Trader | 672 Posts

I am talking about stuff like this that most people dont hear about!

Tuesday, July 13, 2010 22:53:30

(UK) UK's public sector debt may be £4 trillion higher in new study - Telegraph

- Study conducted by the Office for National Statistics (ONS) indicated that public may face debt figure of more than £6.8 trillion v current £900 billion. (NOW THAT IS A BIG F***ING DIFFRANCE ITS NOT CHUMP CHANGE THATS WHAT I AM TALKING ABOUT)

- Research takes into account 'off balance sheet' liabilities not covered in official figures.
- Articles notes new public debt estimate include: Government's involvement in banking institution RBS and Lloyds - up to £1.5 trillion; Unfunded public pension - up to £1.2 trillion.
- States that total liabilities and obligations roughly in £3.7 trillion - £4.8 trillion range.

***Note: On 11th July - According to a study by the Institute of Chartered Accountants in England and Wales (ICAEW) and Centre for Economics and Business Research (CEBR), total public sector debt could be approximately £2T - London Telegraph

Thursday, July 15, 2010 16:30:56
(US) Former BoE member Blanchflower: Keep stimulus to avoid deflation "Nightmare"
- Says the crisis was really very deep and the stimulus, monetary, fiscal and rescuing the banks, are what prevented us going back to the Great Depression, back to unemployment rates of 25%.

The UK economy sits 'on a bed of Nitroglycerine', investors warned

#239,704
Jul 20, 2010 11:41pm Jul 20, 2010 11:41pm

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting vilas

Disliked

Morning Navin. Don't you know that he is a Very Learned Man - his bad Karmas brings him here to FX Forums !

Apologies to Dr. D ! And Cheers to All.

Ignored

a man who know how to express himself IMHO can achieve anything..and boy can he express himself doctor or not

he just a greedy doctor..HAHAHA thats what bring him to forex

Also maybe doing a study of emotion at same time..lol

#239,705
Jul 20, 2010 11:44pm Jul 20, 2010 11:44pm

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting mloistianto

Disliked

wow, you got plenty of calls.. LOL... Good Work!

Ignored

i have studying price action for 2 years..i know all the mofo tricks i think

im no different to any1 else..just been lucky!!

#239,706
Jul 20, 2010 11:45pm Jul 20, 2010 11:45pm

special0nefx
| Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts

Quoting egkid

Disliked

Higher bro "depends on my view"

Ignored

Yes, it can be higher once break UTL, will looking forward 1.55xx a nice shooting up.

Quoting Allseeingeye

Disliked

If you look at the last 30-60 days all the news coming out about the Financial conditions of the debt & Gilts & public debt are all saying that England is worst then Greece yet the pound keeps going up! Last week they said that they had found an ADDITIONAL 7 TRILLION Pounds of Public debt, now if you do the math you have a massive heart attack because there are only 60 MILLION People in the UK so it would be like we found 42 Trillion in new debt here in the States so sooner or later this thing is going to FALL HARD & FAST! Yet this thing keeps going...

Ignored

Thanks for the good info, i agree with you this few days , pound news not looking good, for fundi the pound looks weak, but for technical we see chart going up. This is kind of 2 ways move. What my view is USD not doing well also and since EU is try go support above 1.2900 that will help GU continue going up.
What i see is GJ may drop hard when UJ going down also.
Appreciate you highlighted info for us. THanks...

Quoting nAVIN2007

Disliked

not sure he might mean this hidden bullish diverence

Ignored

Nice spotted

#239,707
Jul 20, 2010 11:46pm Jul 20, 2010 11:46pm

Piters
Joined Sep 2006 | Status: Collector | 9,833 Posts

Quoting fourxtrader

Disliked

I love the multiculturalism on display here on this thread...
the uniterpretable messages and mindless iterations lacking
a participle of intelligible form, punctuated by the grievous
grammaticalities, the slaughtered spellings, and finally the
cognitive dissonance that resonates [i][color=blue]through the halls of this...

Ignored

Im short on:

-. Macbeth, Hamlet, Othello, King Lear

And long [I need some more confirmation]:

-. The Winter's Tale, Twelfth Night, Measure for Measure..

========
Im also looking at other charts;.. and im thinking... well Im going all short on Sir GGB too.. long term:

- Darkness, The Dream, The Corsair, The vision of Judgement...

[no SL.. TP - TBA ...]

#239,708
Jul 20, 2010 11:48pm Jul 20, 2010 11:48pm

pepper
| Joined Feb 2008 | Status: Trader | 346 Posts

Quoting Allseeingeye

Disliked

I am talking about stuff like this that most people dont hear about!
[color=#000000]

[font=Verdana][color=#0099cc]Tuesday, July 13, 2010 22:53:30

[left](UK) UK's public sector debt may be £4 trillion higher in new study - Telegraph
[left][color=#000000][u][b][font=Verdana]- Study conducted...

Ignored

Morning Allseeingeye would printing new money be a option for the UK?

#239,709
Jul 20, 2010 11:50pm Jul 20, 2010 11:50pm

Allseeingeye
| Joined Sep 2009 | Status: Trader | 672 Posts

Quoting Allseeingeye

Disliked

I am talking about stuff like this that most people dont hear about!

Tuesday, July 13, 2010 22:53:30[color=#000000]

[font=Verdana][color=#0099cc](UK) UK's public sector debt may be £4 trillion higher in new study - Telegraph
...

Ignored

Oh buy the way I am still Long but I am being very CAUTIOUS

#239,710
Jul 20, 2010 11:51pm Jul 20, 2010 11:51pm

vilas
| Joined Aug 2007 | Status: Trader | 632 Posts

You forget Childe Harold - most of worldly-philosophy is in that and in this one : " The best of life is but Intoxication".

Make more PIPS !

Quoting Piters

Disliked

Im short on:

-. Macbeth, Hamlet, Othello, King Lear

And long [I need some more confirmation]:

-. The Winter's Tale, Twelfth Night, Measure for Measure..

========
Im also looking at other charts;.. and im thinking... well Im going all short on Sir GGB too.. long term:

- Darkness, The Dream, The Corsair, The vision of Judgement...

[no SL.. TP - TBA ...]

Ignored

#239,711
Jul 20, 2010 11:52pm Jul 20, 2010 11:52pm

Allseeingeye
| Joined Sep 2009 | Status: Trader | 672 Posts

Quoting pepper

Disliked

Morning Allseeingeye would printing new money be a option for the UK?

Ignored

Sure it would turn the 6.8 Trillion into
12.89 TRILLION

#239,712
Jul 20, 2010 11:53pm Jul 20, 2010 11:53pm

vilas
| Joined Aug 2007 | Status: Trader | 632 Posts

Quoting nAVIN2007

Disliked

a man who know how to express himself IMHO can achieve anything..and boy can he express himself doctor or not
he just a greedy doctor..HAHAHA thats what bring him to forex
Also maybe doing a study of emotion at same time..lol

Ignored

Funny , he is not greedy but that is it - FX holds him "in thrall".