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Cable Update (GBPUSD)

  • #323,341
  • Sep 3, 2012 3:36pm Sep 3, 2012 3:36pm
Quoting redbeben
1.2714-64 bad thing is that Draghi keeps hiding lately...dunno why.he cancelled all his meetings....scared of saying NO ?

got to be more to this than meets the eye, maybe doesnt like what he had to say so needs time to prepare so he can cleverly spin the message or buy time.
Money never sleeps...
  • #323,342
  • Sep 3, 2012 3:37pm Sep 3, 2012 3:37pm
Quoting gavalar
I know, some of their reporting is really weird, often the opposite of what actually happened.

Think they do their research down the pub?

i think they survey 100 people in the kings head and the survey says ....

what was that game show in the UK?

i think family fortunes
Money never sleeps...
  • #323,343
  • Sep 3, 2012 3:41pm Sep 3, 2012 3:41pm
Quoting redbeben
I think the court will mean sh**

market will be long priced before the move either up or down.I think the court will rule it as constitutional and approve but there are no money to cover anything anyway.

it's just kicking the can.
agree the court will rule it as constitutional but expect something tied to this that will in itself bring in more uncertainty, kicking the can for sure until they find a magic trillion or two to solve the probs.

the end result surely is the same regardless, maybe not collapse and euro failure but for sure years of recession and deep austerity measures, riots in the major cities, where is the guy with the sandwich board 'the end really is nigh' doom doom doom

but then boom, boom ,boom

nothing wrong with a bit of boom boom,
Money never sleeps...
  • #323,344
  • Sep 3, 2012 3:55pm Sep 3, 2012 3:55pm
Greece should sell more of those islands they have. No one pays tax on them anyway.

Problem is there is nobody to buy them, does anyone have anything left in the world?

Maybe Warren Buffet is interested?
Money never sleeps...
  • #323,345
  • Sep 3, 2012 4:29pm Sep 3, 2012 4:29pm
Quoting inpatient
Greece should sell more of those islands they have. No one pays tax on them anyway.

Problem is there is nobody to buy them, does anyone have anything left in the world?

Maybe Warren Buffet is interested?
The money hasn't disappeared, it has just moved like a magnet to the really rich who just store it in shoe boxes under their beds
  • #323,346
  • Sep 3, 2012 4:45pm Sep 3, 2012 4:45pm
Quoting inpatient
Greece should sell more of those islands they have. No one pays tax on them anyway.

Problem is there is nobody to buy them, does anyone have anything left in the world?

Maybe Warren Buffet is interested?
well I don't agree with selling anything.politicians should sell whatever they have and pay the debt.

I used to live in greece and they have nice roads...nice cars,nice houses.

all on credit meaning debt

but apart from the ones not paying for the houses and cars why should the rest pay for the debt of the politicians ?

why should they pay taxes for the pockets of the government and their mistakes ?

have you ever seen a politician in jail ? I've seen one only and I am nearly 30.

I agree to exit EZ at no cost and keep just internal production and consumption and no taxes for citizens

we all know USA hit 16 trillions in debt.first trillion was achieved in 200 years,last one in 200 days....would you agree to sell your land and house to wealthy foreigners ?all because the fault of the politicians ? I'd kill them first and later kill all the invaders to be honest

this is what I don't get.why do we,as taxpayers have to pay for others mistakes when all of us are penalised in everything we do for our mistakes but they don't

and yes they are kicking the can as far as they can.riots will happen when people will be hungry and I can see it in SPain now....I'm afraid to go shopping as they might kill me for bread only....

mix inculture(the thing they have been working on for years) with poverty and you have what they wanted ....a controlable mass of people
  • #323,347
  • Sep 3, 2012 4:58pm Sep 3, 2012 4:58pm
[quote=redbeben;5979252]
Quoting kaspopsicle

Kas,you're baaacccckkk

Nice to see you again.

Well.... that time market was calmer and listening to indies.This year is take it or loose it ground so no more long term trades.I use higher lots and DD is not something I like at high stake..
Thankyou for the explanation and the welcome home.
Must dash the hair dye is burning my scalps.

( apologies no charts... next day or two will be running again )
All systems of divination, like music itself,work through patterns.
  • #323,348
  • Sep 3, 2012 5:07pm Sep 3, 2012 5:07pm
Quoting redbeben
well I don't agree with selling anything.politicians should sell whatever they have and pay the debt.

I used to live in greece and they have nice roads...nice cars,nice houses.

all on credit meaning debt

but apart from the ones not paying for the houses and cars why should the rest pay for the debt of the politicians ?

why should they pay taxes for the pockets of the government and their mistakes ?

have you ever seen a politician in jail ? I've seen one only and I am nearly 30.

I agree to exit EZ at no cost and keep just internal...
you only 29? Well all respect to you.

Politicians in prison is fairly common in uk.

Without looking on-line, I can remember at least 4, possibly 5(I'm 44).

Nearly all of them for perjury but you wouldn't have expected them to tell the truth now would you?
  • #323,349
  • Sep 3, 2012 6:02pm Sep 3, 2012 6:02pm
Quoting redbeben
I'd kill them first and later kill all the invaders to be honest

this is what I don't get.why do we,as taxpayers have to pay for others mistakes when all of us are penalised in everything we do for our mistakes but they don't

i think this is what is the fear, its why balancing things out is so difficult now, no money to pay anything = more taxes and less services for an already frustrated majority.

i agree i am impressed with the depth of knowledge for someone in their 20's but i suppose that is the worrying thing, it is becoming easier to see the mess being created and more and more web educated people ready to ask the question why?

The beginning of the end was globalisation, if the world is a global market place then it is quite simple, the means of production will shift to where it is most cost efficient (China/India) the wealth will be continued amongst the few who will shift there assets offshore to avoid paying taxes. Suddenly the middle class in western countries will find it hard to find work as the production is elsewhere. The rich will become the super rich and will through wealth shape goverment policy while living of their offshore trusts.

The problem comes when everyone gets smart to this and starts to put pressure on the goverment, the government cant react since they are really powerless to do anything in reality other than point the finger at past leadership that have failed to see (or where paid off) the future.

Greed will win, it always does,

Karl Marx would be pointing the finger saying 'i told you so'
Money never sleeps...
  • #323,350
  • Sep 3, 2012 6:51pm Sep 3, 2012 6:51pm
sign of down side.I am massively short.This is welcomed.Hopefully London drives this all the way to 5800
In trading, you have to be defensive and aggressive at the same time
  • #323,351
  • Sep 3, 2012 8:24pm Sep 3, 2012 8:24pm
Quoting inpatient
i think this is what is the fear, its why balancing things out is so difficult now, no money to pay anything = more taxes and less services for an already frustrated majority.

i agree i am impressed with the depth of knowledge for someone in their 20's but i suppose that is the worrying thing, it is becoming easier to see the mess being created and more and more web educated people ready to ask the question why?

The beginning of the end was globalisation, if the world is a global market place then it is quite simple, the means of production...
Well, I've got to agree with you on this general picture dude.
Never been a big fan of globalization myself.
Come with me if you want to live....
  • #323,352
  • Sep 3, 2012 8:35pm Sep 3, 2012 8:35pm
Quoting Ill-b-back
Well, I've got to agree with you on this general picture dude.
Never been a big fan of globalization myself.
the worrying part is they knew it would be bad for the average guy on the street but good for the few. So it obviously made sense to the decision makers. those that hold the means to production (or the wealth)

Amazes me over here in the USA to see how much money they spend rubbishing each other on tv to try and win elections. To have a public that are so badly educated and media led that less than 5% actually really know what is really going on. My wife's friend even asked me what its like in England? i said 'well its ok but they have their problems' she then asks 'err, so what language do people speak in England?'

But she is sure as shit voting for Romney because her father was republican. Is democracy really democracy if the average guy is so naive he believes in whoever is on TV most? Its quite a world we live in, is this really freedom as many would have us believe, freedom to what, be dictated to by the media instead of an actual leader? What is the difference? There isnt any..

Money is power, power is everything
Money never sleeps...
  • #323,353
  • Sep 3, 2012 8:36pm Sep 3, 2012 8:36pm
From another perspective, the Daily and H4 charts say that what has to happen has already happened in the form of corrections. Now all will have to bow down for the bulls or at least a good spike to ruin the shorts of the rest of the world.
  • #323,354
  • Sep 3, 2012 8:37pm Sep 3, 2012 8:37pm
ok enough deep philosophical, sociology for today.

Is this damn price gonna drop or what? been waiting forever and its bouncing up and down in this mini 10 pip range, might even start scalping it.
Money never sleeps...
  • #323,355
  • Sep 3, 2012 8:41pm Sep 3, 2012 8:41pm
Quoting inpatient
ok enough deep philosophical, sociology for today.

Is this damn price gonna drop or what? been waiting forever and its bouncing up and down in this mini 10 pip range, might even start scalping it.
lol..

Its been driving me insane..
  • #323,356
  • Sep 3, 2012 8:43pm Sep 3, 2012 8:43pm
Quoting zapper
From another perspective, the Daily and H4 charts say that what has to happen has already happened in the form of corrections. Now all will have to bow down for the bulls or at least a good spike to ruin the shorts of the rest of the world.

its looking like to move lower it may need to gather some strength by first moving higher, maybe a touch of 1.59 needed, lets see as it looks like it might get it soon.

1.593 and im out of these shorts.
Money never sleeps...
  • #323,357
  • Sep 3, 2012 8:43pm Sep 3, 2012 8:43pm
Quoting inpatient
the worrying part is they knew it would be bad for the average guy on the street but good for the few. So it obviously made sense to the decision makers. those that hold the means to production (or the wealth)

Amazes me over here in the USA to see how much money they spend rubbishing each other on tv to try and win elections. To have a public that are so badly educated and media led that less than 5% actually really know what is really going on. My wife's friend even asked me what its like in England? i said 'well its ok but they have their...
You're shitting us all about the language thing right??
You must be.
Come with me if you want to live....
  • #323,358
  • Sep 3, 2012 8:45pm Sep 3, 2012 8:45pm
euro looks like its taken 1.26
Money never sleeps...
  • #323,359
  • Sep 3, 2012 8:46pm Sep 3, 2012 8:46pm
Next ten mins will be interesting on both euro and cable,
Money never sleeps...
  • #323,360
  • Sep 3, 2012 8:50pm Sep 3, 2012 8:50pm
Quoting Ill-b-back
You're shitting us all about the language thing right??
You must be.

not at all bro, same person also didnt know what the 4th of July was, she just said its independence day, when asking her independence from what she tells me 'is it when we reached agreement with the Indians about land?'

i just smiled and said yes.

this looks a legitimate breakout, especially the Euro
Money never sleeps...
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