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Cable Update (GBPUSD)

  • #328,081
  • Oct 24, 2012 7:01am Oct 24, 2012 7:01am
nice Home Sales 389K
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #328,082
  • Oct 24, 2012 7:03am Oct 24, 2012 7:03am
hmmmm.... 389K Actual
386K Expectation
373k Previous

All and all good news... it means the fed did a good job to restimulate housing market..... meaning less QE3 meaning Strong Dollar....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,083
  • Oct 24, 2012 7:04am Oct 24, 2012 7:04am
Quoting fxtyrant
hmmmm.... 389K Actual
386K Expectation
373k Previous

All and all good news... it means the fed did a good job to restimulate housing market..... meaning less QE3 meaning Strong Dollar....

yes You right bro.. i feel same
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #328,084
  • Oct 24, 2012 7:07am Oct 24, 2012 7:07am
Quoting kikugalanet
yes You right bro.. i feel same
and guess what... if we get a bearish candle now and close bearish..... we have may have a hidden bearish divergence.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,085
  • Edited 7:14am Oct 24, 2012 7:10am | Edited 7:14am
Quoting TauTrader
Yip - but I do not really understand fundies. Gap on the 1 minute chart @ 1.6118

Fark...
Well, considering it's all manufactured BS anyway, I don't think anyone can. Certainly not me

Take those housing sales. If that's true, it's certainly NOT in the northeast here where I've been building homes for 35 years and my brother still does.

Driving that truck around the US for 2 years I've met a LOT of folks I keep in touch with. None of them see any evidance of more new homes being sold. Hmmmm.... but O-Bla-Bla does need to get re-elected....
Ghost Rider - WWTBMD?
  • #328,086
  • Oct 24, 2012 7:10am Oct 24, 2012 7:10am
Quoting kikugalanet
yes You right bro.. i feel same
We also have an election coming up....so most news will be good news for a while...oh deary cynical me
  • #328,087
  • Oct 24, 2012 7:11am Oct 24, 2012 7:11am
Quoting albchr
Well, considering it's all manufactured BS anyway, I don't think anyone can. Certainly not me

Take those housing starts. If that's true, it's certainly NOT in the northeast here where I've been building homes for 35 years and my brother still does.

Driving that truck around the US for 2 years I've met a LOT of folks I keep in touch with. None of them see any evidance of more new homes. Hmmmm....
Well theres plenty of building here but unless Americans have started speaking with Polish accents, probably doesnt count
  • #328,088
  • Oct 24, 2012 7:15am Oct 24, 2012 7:15am
Quoting gavalar
We also have an election coming up....so most news will be good news for a while...oh deary cynical me
yes.. you right.. we still dunno what will happen election later..
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #328,089
  • Oct 24, 2012 7:15am Oct 24, 2012 7:15am
Quoting TauTrader
Good day,

Attaching pivot indi - should anyone see a need. It's nice and clean. Just set to your timezone ( GMT).

Regards
it seem like another autopivot indicator for me ..... can u explain what those line represent for ..... tq
  • #328,090
  • Oct 24, 2012 7:17am Oct 24, 2012 7:17am
Get your diving masks on. Me thinks we could be going
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #328,091
  • Oct 24, 2012 7:18am Oct 24, 2012 7:18am
Quoting fxtyrant
and guess what... if we get a bearish candle now and close bearish..... we have may have a hidden bearish divergence.....
i hope it will happen .. and now i just wait for the election .. that will make market crazy move -.-
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #328,092
  • Oct 24, 2012 7:20am Oct 24, 2012 7:20am
Quoting matobe88
it seem like another autopivot indicator for me ..... can u explain what those line represent for ..... tq
good day,

Correct - just another tool ( autopivot type). Just like the non-intrusion and clear lines. Reason for sharing.

Regards to you
  • #328,093
  • Oct 24, 2012 7:20am Oct 24, 2012 7:20am
Quoting gavalar
Well theres plenty of building here but unless Americans have started speaking with Polish accents, probably doesnt count
Mostly in the US it's all fixing up, additions and renovations. Folks investing in what they have already while labor rates are cheaper.

Not saying there are "NO" new homes being built but it's few a far between for sure.
Ghost Rider - WWTBMD?
  • #328,094
  • Oct 24, 2012 7:28am Oct 24, 2012 7:28am
Quoting albchr
Mostly in the US it's all fixing up, additions and renovations. Folks investing in what they have already while labor rates are cheaper.

Not saying there are "NO" new homes being built but it's few a far between for sure.
Correct..

I can relate this to ZA. People are "renovating" and "improving" homes. Can not get price on market - we stay put.

The longer the recession goes on - the better I do in my business. True.

Go figure...

Regards
  • #328,095
  • Oct 24, 2012 7:35am Oct 24, 2012 7:35am
Quoting TauTrader
Correct..

I can relate this to ZA. People are "renovating" and "improving" homes. Can not get price on market - we stay put.

The longer the recession goes on - the better I do in my business. True.

Go figure...

Regards
Yep, frustrating for me. Wish I could still do construction. Would make out well as the clients I built for don't worry much about the "economy". They are wealthy beyond such concerns.

Dragon looking tasty....
Ghost Rider - WWTBMD?
  • #328,096
  • Oct 24, 2012 7:43am Oct 24, 2012 7:43am
http://www.forexfactory.com/news.php?do=news&id=391490

The prediction is 0.6%, but I think it will be higher if he told MPs there was "good news" to come and hence one of the reasons for the rally today.

I am looking to short again around 1.6106 based on the daily chart. London's session tomorrow should be interesting.

Shame I closed the long this morning... oh well.
  • #328,097
  • Oct 24, 2012 7:47am Oct 24, 2012 7:47am
Quoting bbakker
http://www.forexfactory.com/news.php?do=news&id=391490

The prediction is 0.6%, but I think it will be higher if he told MPs there was "good news" to come and hence one of the reasons for the rally today.

I am looking to short again around 1.6106 based on the daily chart. London's session tomorrow should be interesting.

Shame I closed the long this morning... oh well.
Same thoughts here. But still a nice trade
Ghost Rider - WWTBMD?
  • #328,098
  • Oct 24, 2012 8:09am Oct 24, 2012 8:09am
Shorts are slowly starting to look promising..

But do not want to rant too early..

SL still above 1.6060 ( 1.6066)

Will see.
  • #328,099
  • Edited 8:33am Oct 24, 2012 8:23am | Edited 8:33am
Nanich.. no .. Nanotk...no.. Nanick...no. Fark - i'm drunk..

Mr.N - (easier) - so dude. Waiting for your posts so we can work out the differences. Hit me up.

Please remember the following when you bash...

1) I am a simple person - extremely sensitive.
2) I do not know shit.
3) I love ALL.
4) I f*ck your girlfriend - on facebook

Regards
  • #328,100
  • Oct 24, 2012 8:36am Oct 24, 2012 8:36am
Quoting TauTrader
Nanich.. no .. Nanotk...no.. Nanick...no. Fark - i'm drunk..

Mr.N - (easier) - so dude. Waiting for your posts so we can work out the differences. Hit me up.

Please remember the following when you bash...

1) I am a simple person - extremely sensitive.
2) I do not know shit.
3) I love ALL.
4) I f*ck your girlfriend - on facebook

Regards
You...you...GAMBLER you!!
Ghost Rider - WWTBMD?
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