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Cable Update (GBPUSD)

  • #239,701
  • Jul 21, 2010 1:38am Jul 21, 2010 1:38am
Quoting Allseeingeye
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...
How right you are. It makes no sense.
  • #239,702
  • Jul 21, 2010 1:39am Jul 21, 2010 1:39am
Quoting JamesCZ
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.

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


Quoting kill56
here u go bro i hope its the one

PW = free_at_tsd
Attached File(s)
File Type: ex4 %23Signal_Bars_v9%20.ex4   39 KB | 408 downloads
  • #239,703
  • Jul 21, 2010 1:41am Jul 21, 2010 1:41am

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 21, 2010 1:41am Jul 21, 2010 1:41am
Quoting vilas
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.

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 21, 2010 1:44am Jul 21, 2010 1:44am
Quoting mloistianto
wow, you got plenty of calls.. LOL... Good Work!
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 21, 2010 1:45am Jul 21, 2010 1:45am
Quoting egkid
Higher bro "depends on my view"
Yes, it can be higher once break UTL, will looking forward 1.55xx a nice shooting up.


Quoting Allseeingeye
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...
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
not sure he might mean this hidden bullish diverence
Nice spotted
  • #239,707
  • Jul 21, 2010 1:46am Jul 21, 2010 1:46am
Quoting fourxtrader
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...
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 21, 2010 1:48am Jul 21, 2010 1:48am
Quoting Allseeingeye

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...

Morning Allseeingeye would printing new money be a option for the UK?
  • #239,709
  • Jul 21, 2010 1:50am Jul 21, 2010 1:50am
Quoting Allseeingeye

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

...
Oh buy the way I am still Long but I am being very CAUTIOUS
  • #239,710
  • Jul 21, 2010 1:51am Jul 21, 2010 1:51am
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
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 ...]

  • #239,711
  • Jul 21, 2010 1:52am Jul 21, 2010 1:52am
Quoting pepper
Morning Allseeingeye would printing new money be a option for the UK?
Sure it would turn the 6.8 Trillion into
12.89 TRILLION
  • #239,712
  • Jul 21, 2010 1:53am Jul 21, 2010 1:53am
Quoting nAVIN2007
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
Funny , he is not greedy but that is it - FX holds him "in thrall".
  • #239,713
  • Jul 21, 2010 1:58am Jul 21, 2010 1:58am
WTF do I do with that bar??????
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,714
  • Jul 21, 2010 1:59am Jul 21, 2010 1:59am
What just happened?
  • #239,715
  • Jul 21, 2010 1:59am Jul 21, 2010 1:59am
Quoting damonl
WTF do I do with that bar??????
If you are in SHORTS.. then just cash that...
  • #239,716
  • Jul 21, 2010 2:00am Jul 21, 2010 2:00am
Quoting damonl
WTF do I do with that bar??????
holy fuk what was that 130 pip spike WTF
USDX on Viagra lol
  • #239,717
  • Jul 21, 2010 2:00am Jul 21, 2010 2:00am
Ah, I was lucky. Entered short and cashed two seconds later... ehehe

That was a big leg.
  • #239,718
  • Jul 21, 2010 2:00am Jul 21, 2010 2:00am
wtf happened omg
  • #239,719
  • Jul 21, 2010 2:00am Jul 21, 2010 2:00am
Quoting damonl
WTF do I do with that bar??????
WTH??!??!?!
Don't be emo... don't be emo....
  • #239,720
  • Jul 21, 2010 2:00am Jul 21, 2010 2:00am
Quoting damonl
WTF do I do with that bar??????
BUY BUY BUY
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