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Cable Update (GBPUSD)

  • #243,501
  • Aug 5, 2010 7:39am Aug 5, 2010 7:39am
Quoting Elite_trader
disappointing for dollar bulls
Why?


More unemployed than predicted........
  • #243,502
  • Aug 5, 2010 7:40am Aug 5, 2010 7:40am
Quoting AdrianHNV
Why?


More unemployed than predicted........
Exactly, bad for dollar bulls.

Swissy gave up pretty darn quick on support on that news.
  • #243,503
  • Aug 5, 2010 7:42am Aug 5, 2010 7:42am
Quoting wormboy
I have something deeper in mind tho
...everything due to line 'up there' tomorrow...
  • #243,504
  • Aug 5, 2010 7:43am Aug 5, 2010 7:43am
Quoting cloggie
Exactly, bad for dollar bulls.

Swissy gave up pretty darn quick on support on that news.
Yes my apologies......was trying as usual to do too many things at once and didn't fully read what was written. sorry
  • #243,505
  • Aug 5, 2010 7:43am Aug 5, 2010 7:43am
damn, no party for me
Thank You
  • #243,506
  • Aug 5, 2010 7:43am Aug 5, 2010 7:43am
Quoting wormboy
damn, no party for me

Not yet, just positioning?
  • #243,507
  • Aug 5, 2010 7:45am Aug 5, 2010 7:45am
Quoting AdrianHNV
Why?


More unemployed than predicted........
this figure not job creation of unemployment, it's the no of people who claimed jobless benefits..... it was expected 455k, it came out 479k.... which mean 24k more people request jobless insurance benefit than expected which is not a good sign for US economy.

Hope that helps
  • #243,508
  • Aug 5, 2010 7:47am Aug 5, 2010 7:47am
Took profit 30pips below my target at 1.5920. done for the day
Attached Image (click to enlarge)
Click to Enlarge Name: done4day.jpg Size: 210 KB
To Your Success!!
  • #243,509
  • Aug 5, 2010 7:47am Aug 5, 2010 7:47am
Quoting Elite_trader
this figure not job creation of unemployment, it's the no of people who claimed jobless benefits..... it was expected 455k, it came out 479k.... which mean 24k more people request jobless insurance benefit than expected which is not a good sign for US economy.

Hope that helps
Yes I know,,,,,,, my apologies too you also.......
  • #243,510
  • Aug 5, 2010 7:48am Aug 5, 2010 7:48am
Quoting cloggie
Not yet, just positioning?
aye carumba! can't wait till i can get back to scalping!
Thank You
  • #243,511
  • Aug 5, 2010 7:54am Aug 5, 2010 7:54am
Quoting ndsouz
Took profit 30pips below my target at 1.5920. done for the day
Attachment
Good stuff,
Is that annindicator on the right of your chart that gives you a snapshot of the instrument you have in variuos timeframes??
If so, can you link me to it?
thx
  • #243,512
  • Aug 5, 2010 7:56am Aug 5, 2010 7:56am
Quoting Elite_trader
this figure not job creation of unemployment, it's the no of people who claimed jobless benefits..... it was expected 455k, it came out 479k.... which mean 24k more people request jobless insurance benefit than expected which is not a good sign for US economy.

Hope that helps
Correct me if I am wrong, but such a negative number will have an influence on dow jones and s&p, so when they are in red, dollar should be stronger, or not??
  • #243,513
  • Aug 5, 2010 8:04am Aug 5, 2010 8:04am
Quoting huto
Correct me if I am wrong, but such a negative number will have an influence on dow jones and s&p, so when they are in red, dollar should be stronger, or not??
yes huto, that is a what we should expect normally but for past a few weeks usd correlation with risk appetite/ aversion has been broken and it only react to US fundamental for some reason. it could be temporary break that was caused by oversold situation of euro & pound and goes back to it's normal correlation with stock market soon.... tomorrows news could clear this for us
  • #243,514
  • Aug 5, 2010 8:07am Aug 5, 2010 8:07am
fuh selamat, sikit lagi kena
Thank You
  • #243,515
  • Aug 5, 2010 8:09am Aug 5, 2010 8:09am
Quoting subterfuge
Good stuff,
Is that annindicator on the right of your chart that gives you a snapshot of the instrument you have in variuos timeframes??
If so, can you link me to it?
thx
Sure, its from the thv system found here on FF.
Attached File(s)
File Type: ex4 Stratman_MiniChart_v12.ex4   37 KB | 326 downloads
To Your Success!!
  • #243,516
  • Aug 5, 2010 8:10am Aug 5, 2010 8:10am
Quoting wormboy
fuh selamat, sikit lagi kena
which language is that wormboy? what does it mean?!
  • #243,517
  • Aug 5, 2010 8:12am Aug 5, 2010 8:12am
Quoting Elite_trader
which language is that wormboy? what does it mean?!
it's malay language. roughly translated "that was close"
Thank You
  • #243,518
  • Aug 5, 2010 8:14am Aug 5, 2010 8:14am
Quoting wormboy
it's malay language. roughly translated "that was close"
this currency is acting very crazy today..look like we back to yoyo trading again..im still long thou..
  • #243,519
  • Aug 5, 2010 8:16am Aug 5, 2010 8:16am
an interesting area 5687 ...
M15 double top was broken down 3 min ago.
  • #243,520
  • Aug 5, 2010 8:16am Aug 5, 2010 8:16am
Quoting nAVIN2007
this currency is acting very crazy today..look like we back to yoyo trading again..im still long thou..
I'm still short. bout five ten
Thank You
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