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GBP/USD outlook

  • #201
  • Jun 9, 2012 6:20am Jun 9, 2012 6:20am
Quoting Ill-b-back
Update: 20-9
Update: 20- 16 (20 mins to go)
Come with me if you want to live....
  • #202
  • Jun 9, 2012 6:23am Jun 9, 2012 6:23am
Quoting Ill-b-back
Update: 20- 16 (20 mins to go)
Update: 20-19
Come with me if you want to live....
  • #203
  • Jun 9, 2012 6:29am Jun 9, 2012 6:29am
Quoting Ill-b-back
Update: 20-19
Update: 27-19
Come with me if you want to live....
  • #204
  • Jun 9, 2012 6:42am Jun 9, 2012 6:42am
Quoting Ill-b-back
Update: 27-19
Final score: 27-19
Come with me if you want to live....
  • #205
  • Jun 10, 2012 3:09am Jun 10, 2012 3:09am
Well, a 100 billion Spanish bailout eh,
surprise surprise.....
Market reaction will be interesting.
Come with me if you want to live....
  • #206
  • Jun 10, 2012 3:35am Jun 10, 2012 3:35am
Quoting Ill-b-back
Final score: 27-19
It was good game, well done . I am not happy about the England's game though - we should have won against the Springboks .
  • #207
  • Jun 10, 2012 3:40am Jun 10, 2012 3:40am
Quoting Ill-b-back
Well, a 100 billion Spanish bailout eh,
surprise surprise.....
Market reaction will be interesting.
Its no surprise as been on the cards for some time. Now I hear Ireland wants to renegotiate its bailout! This is also going to encourage the Greek voters to say Nien to the Germans next week's general election.

I have been holding a short in EU for some time and flat in GU. I will wait for some cues from the bond markets before deciding on taking any new positions. Should be fun.

Green pips to you.
  • #208
  • Jun 10, 2012 4:50am Jun 10, 2012 4:50am
Quoting Rasi
Its no surprise as been on the cards for some time. Now I hear Ireland wants to renegotiate its bailout! This is also going to encourage the Greek voters to say Nien to the Germans next week's general election.

I have been holding a short in EU for some time and flat in GU. I will wait for some cues from the bond markets before deciding on taking any new positions. Should be fun.

Green pips to you.
Hey Rasi
Yeah I know, I was being sarcastic.
Bailout, Bailout, Bailout....
They just need to get in line.
I agree, this coming week should be lots of fun, almost makes me wish I hadn't jumped out of my 6050 longs
Here's to lots of pips to you this week my friend
Come with me if you want to live....
  • #209
  • Jun 10, 2012 5:05am Jun 10, 2012 5:05am
Quoting Rasi
It was good game, well done . I am not happy about the England's game though - we should have won against the Springboks .
Yeah thx, they were quite aggressive and got their act together in the forwards AND the backs for a change. I just wish we would back ourselves against the Kiwis instead of being so timid and pissweak for the first 50 mins or so, then when we are 20 points behind with 20 mins to go and have nothing to lose, decide to exert some pressure. We are so under developed in our true character as a team worthy of representing our country unfortunately. We lack true pride and courage under fire which really sucks because when we do decide (way too late in the game) to play aggressively against the Kiwis, we come up with some really good plays. Unfortunately when it comes to playing the best team in the world, we just don't have the self belief and it shows on the field. To be really honest, I've been very disappointed since it went professional, not because I'm against professional Rugby, but the Wallabies have lost their consistency ever since. The motivation is not for love but for money and it shows. It just pisses me off we take the soft option against the top teams. Oh well, maybe they'll get their shit truly together again one day.
But yeah mate, they played very well.
Sorry to hear about you guys, I'm not a big fan if the springboks historically but their attitude to the game is much better than it was 10 yrs ago.
Cheers mate, take care.
Come with me if you want to live....
  • #210
  • Jun 10, 2012 4:37pm Jun 10, 2012 4:37pm
5627 resistance could be on the cards followed by 5660
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  • #211
  • Jun 10, 2012 5:48pm Jun 10, 2012 5:48pm
Correction:
If she makes a closed break above Fridays high of 5536, then 56 is 1st target followed by 5660 area.
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Come with me if you want to live....
  • #212
  • Jun 11, 2012 3:15am Jun 11, 2012 3:15am
That's it Cable, c'mon baby, I know it's only Monday but I have faith in you.
Come with me if you want to live....
  • #213
  • Jun 11, 2012 4:56am Jun 11, 2012 4:56am
Well, my other system tells me the Cable bulls have had enough of this dollar buying and are preparing a surprise attack. This month will be interesting.
Come with me if you want to live....
  • #214
  • Jun 11, 2012 5:15am Jun 11, 2012 5:15am
This dollar matador may not get back up for a while. Let's see...
Come with me if you want to live....
  • #215
  • Jun 11, 2012 5:18pm Jun 11, 2012 5:18pm
It looks like the Spanish bailout has hit the buffers already as I envisaged. What is your take on the markets going forward/ your systems are telling you?

On a separate note, it looks like I will become a full time trader sooner than I thought as I have had a massive argument with my boss at work today . On one hand I am terrified of the future but I am also excited about the new possibilities. Wish me luck.
  • #216
  • Jun 11, 2012 5:35pm Jun 11, 2012 5:35pm
Subscribe, as this pair in my shoot list

you dont have explorer ??
  • #217
  • Jun 11, 2012 6:09pm Jun 11, 2012 6:09pm
Quoting Rasi
It looks like the Spanish bailout has hit the buffers already as I envisaged. What is your take on the markets going forward/ your systems are telling you?

On a separate note, it looks like I will become a full time trader sooner than I thought as I have had a massive argument with my boss at work today . On one hand I am terrified of the future but I am also excited about the new possibilities. Wish me luck.
Will do Rasi, sorry to hear that, but change brings opportunities
I got forced out of my job which i started not long before I got married. Got sacked just after wife got pregnant and just before we bought our unit. I had to go back to my massage/fitness training business which got smashed by the GFC. It was very scary. Luckily Ally's a teacher
Anyway, now I dont take clients Tues night so I can gauge the markets and I stay at home half day Wed to look after young Isabel. Ally is back at work 2 half days/week to help out the teacher who was her maternity leave replacement. He's a first year grad who failed his last practical test. How he got his teachers accreditation number is beyond me but at least it means more cash before she goes back Fulltime next year. 2013 will see me doing my dip-Ed from home and running my business, trading and looking after Isabel so you never know what the future holds brother.
With the markets, we seem to be between weekly support and daily resistance so will wait for NY to show its hand. Looking at PA, I think down but will wait for the trigger.
Come with me if you want to live....
  • #218
  • Jun 11, 2012 6:14pm Jun 11, 2012 6:14pm
Quoting Peepo
Subscribe, as this pair in my shoot list

you dont have explorer ??
Hi peepo,
I am thinking about explorer but I have real trouble with trading discipline and I break rules making embarrassing mistakes. Maybe explorer will hold me more accountable and remove these?? Will think about it, no pain no gain as they say...
Come with me if you want to live....
  • #219
  • Jun 11, 2012 6:17pm Jun 11, 2012 6:17pm
Quoting Ill-b-back
Hi peepo,
I am thinking about explorer but I have real trouble with trading discipline and I break rules making embarrassing mistakes. Maybe explorer will hold me more accountable and remove these?? Will think about it, no pain no gain as they say...
Hello!, yea, usethe explorer, one behaves better when they are looking...
  • #220
  • Jun 11, 2012 7:23pm Jun 11, 2012 7:23pm
Cables quite cagey and rangey right now, not sure what to trust, luckily I'm at work so not tempted to take a silly trade.
If she break above daily resistance again, it could be on for young and old after retracing to weekly support. Looking forward to tonight, will test my discipline for sure
Come with me if you want to live....
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