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Cable Update (GBPUSD)

  • #320,381
  • Aug 2, 2012 3:33am Aug 2, 2012 3:33am
Quoting redbeben
that is strange.use the actual price where the trade was triggered no spread as you loose the 3 pips you don't gain them.

anyway what I am saying about Olympics is that UK spent more on it that gained and as I said it once I'll say it again.

Europe=Crisis
US=Crisis
UK visitors=Europeans and others
If all visitors are broke they only see the olympics on prepaid packages from the travel agencies (been there done that)

The visitors have no penny to spend on the streets...or no more than the average Londonese has or spends.

It is just...
I'm glad we're on the same page... but if it is the case on your side then UK is gona look really really depressing... with its domestic reluctant to spend.... now that they are basing their hopes on visitors to purchase stuff, to boost spending.... they are in for a major disappointment, only party that can benefit from this would be the Tourism industry in UK but im guessing costs would also strain their profit margin...

Way to go UK, you've fucked up... far worse than Germany and/or France....
cant believe they would allow UK's GDP to fall below even the lazy ass french (Im half french and even i think they're easy going and lazy compared to the asians...)
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,382
  • Aug 2, 2012 3:40am Aug 2, 2012 3:40am
Quoting bguguen
I'm glad we're on the same page... but if it is the case on your side then UK is gona look really really depressing... with its domestic reluctant to spend.... now that they are basing their hopes on visitors to purchase stuff, to boost spending.... they are in for a major disappointment, only party that can benefit from this would be the Tourism industry in UK but im guessing costs would also strain their profit margin...

Way to go UK, you've fucked up... far worse than Germany and/or France....
cant believe they would allow UK's GDP to fall...
well don't want to point fingers at any nations.each nation with it's culture so don't care much.

I am just hoping a big reset will come and wipe out the whole system as we know it.

I wanna live in a selfsutained farm.
  • #320,383
  • Aug 2, 2012 3:45am Aug 2, 2012 3:45am
Quoting bguguen
I'm glad we're on the same page... but if it is the case on your side then UK is gona look really really depressing... with its domestic reluctant to spend.... now that they are basing their hopes on visitors to purchase stuff, to boost spending.... they are in for a major disappointment, only party that can benefit from this would be the Tourism industry in UK but im guessing costs would also strain their profit margin...

Way to go UK, you've fucked up... far worse than Germany and/or France....
cant believe they would allow UK's GDP to fall below...
lmao BG look at that candle in the 15 min HAHAHAHAHHAHA
  • #320,384
  • Aug 2, 2012 3:53am Aug 2, 2012 3:53am
Quoting iNSIELD
lmao BG look at that candle in the 15 min HAHAHAHAHHAHA
nice selloff candle that was... but Construction PMI helloooo....
i think market is waiting to hear what BOE has to say...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,385
  • Aug 2, 2012 3:59am Aug 2, 2012 3:59am
Quoting bguguen
nice selloff candle that was... but Construction PMI helloooo....
i think market is waiting to hear what BOE has to say...
selling looks like yest on news gbp sold off it didnt wait for fomc
  • #320,386
  • Aug 2, 2012 4:15am Aug 2, 2012 4:15am
KEY level is 5570-80 area.
also near DP.

'bears' should defend that area.

this doesn't mean that price will surely go there!
but if goes i will look to short depending on the power of the move that goes there.
if broken i will use it as entry long later (tomorrow or next week).

now "we" are in boe's hands.

personally i don't expect any increase in QE today. but let's see.
90% of traders use TA, indicators and prediction
  • #320,387
  • Aug 2, 2012 4:19am Aug 2, 2012 4:19am
IMO

mover will be again the ECB today.
90% of traders use TA, indicators and prediction
  • #320,388
  • Aug 2, 2012 4:46am Aug 2, 2012 4:46am
If UK does nothing is that good or bad for GBP? I assumed if No QE should be positive but i'm hearing mixed things
  • #320,389
  • Aug 2, 2012 4:47am Aug 2, 2012 4:47am
this thing feels heavy wat a pos.
  • #320,390
  • Aug 2, 2012 4:50am Aug 2, 2012 4:50am
Thins thing looks confused, market is tense, dunno what its really doing...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,391
  • Aug 2, 2012 4:52am Aug 2, 2012 4:52am
stop loss for longs, assuming there is someone else long here, can be tight below 5535 now.

downside key level is now 5540.

90% of traders use TA, indicators and prediction
  • #320,392
  • Aug 2, 2012 4:56am Aug 2, 2012 4:56am
Is EUR/GBP still double pip value
  • #320,393
  • Aug 2, 2012 4:57am Aug 2, 2012 4:57am
Quoting bguguen
Thins thing looks confused, market is tense, dunno what its really doing...
Put a line at 5576 on the 4hr chart, just looks like a retest of support turned resistance to me.
Come with me if you want to live....
  • #320,394
  • Aug 2, 2012 4:59am Aug 2, 2012 4:59am
Quoting Ill-b-back
Put a line at 5576 on the 4hr chart, just looks like a retest of support turned resistance to me.
then let 5576 be a resistance then.... all i know is i had a short triggered for fun on a demo account... dont want to take more shorts on my real account considering i got 3 to manage already.... the Short on my Demo is at 1.5560
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,395
  • Aug 2, 2012 5:17am Aug 2, 2012 5:17am
Quoting bguguen
then let 5576 be a resistance then.... all i know is i had a short triggered for fun on a demo account... dont want to take more shorts on my real account considering i got 3 to manage already.... the Short on my Demo is at 1.5560
please protect your winnings on your shorts or just BE them all just in case the market does something stupid
  • #320,396
  • Aug 2, 2012 5:23am Aug 2, 2012 5:23am
damn bastards they loaded shorts 5568-70.
they are still confusing charts.



fuck.

i exit my positions and leave.
good luck you all!
90% of traders use TA, indicators and prediction
  • #320,397
  • Aug 2, 2012 5:25am Aug 2, 2012 5:25am
time to long gbpusd big size ... tp 1,57 here we come ... yeeehhhaaaaaa
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  • #320,398
  • Aug 2, 2012 5:27am Aug 2, 2012 5:27am
new low coming?
  • #320,399
  • Aug 2, 2012 5:27am Aug 2, 2012 5:27am
Quoting Prochartist
time to long gbpusd big size ... tp 1,57 here we come ... yeeehhhaaaaaa
lol i couldnt think more opposite
  • #320,400
  • Aug 2, 2012 5:30am Aug 2, 2012 5:30am
Quoting sidhujag
lol i couldnt think more opposite
hahaha, then put your bet in the market as short & wish you all the best ... in your dive don't forget your oxygen you might need it
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