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Cable Update (GBPUSD)

  • #333,161
  • Jan 4, 2013 5:06am Jan 4, 2013 5:06am
Quoting Ill-b-back
Right, so they can keep piling up unlimited debt by accessing the Fed credit card to service current debt (how fucked up is that by the way), until they are stripped of their reserve status.

At which point, US/Canada/Mexico will merge under the "Amero" as per the Bush junior plan right.

Not too many people know about what that guy did when in power.
pretty much im afraid....
The Americans can get away with their astronomical debt just because they are the reserve currency

but one day... one day will come where US is strpped of their reserve currency and the Dollar isnt the medium for trade settlement, you'll see dollar collapse due to their debt burden... but thats gona take years.... before they lose that status...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #333,162
  • Jan 4, 2013 5:19am Jan 4, 2013 5:19am
Quoting fxtyrant
pretty much im afraid....
The Americans can get away with their astronomical debt just because they are the reserve currency

but one day... one day will come where US is strpped of their reserve currency and the Dollar isnt the medium for trade settlement, you'll see dollar collapse due to their debt burden... but thats gona take years.... before they lose that status...

has that trendline broken yet?
  • #333,163
  • Jan 4, 2013 5:21am Jan 4, 2013 5:21am
Ok, so in the meantime I guess we buy the USD then huh...

Better late than never I guess...

I cannot describe just how messed up my trading indicators are right now

market Collapse imminent today and next week by the looks of it.

I get the feeling I need to look beyond the monthly to make real technical sense of this to be honest which I can't.
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Come with me if you want to live....
  • #333,164
  • Jan 4, 2013 5:21am Jan 4, 2013 5:21am
Quoting Ill-b-back
...

At which point, US/Canada/Mexico will merge under the "Amero" as per the Bush junior plan right.

...
There is an assumption there that Canada or Mexico would be interested at that point.
  • #333,165
  • Jan 4, 2013 5:27am Jan 4, 2013 5:27am
Quoting Ill-b-back
Ok, so in the meantime I guess we buy the USD then huh...

Better late than never I guess...

I cannot describe just how messed up my trading indicators are right now

market Collapse imminent today and next week by the looks of it.

I get the feeling I need to look beyond the monthly to make real technical sense of this to be honest which I can't.
i have a feeling ur 100 pips late dude.... i hope NFP dont come back to bit you on that one :/
but yea... not goan take long for GBPUSD to reach my magic EMA200 Daily at 1.5940....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #333,166
  • Jan 4, 2013 5:37am Jan 4, 2013 5:37am
Quoting fxtyrant
i have a feeling ur 100 pips late dude.... i hope NFP dont come back to bit you on that one :/
but yea... not goan take long for GBPUSD to reach my magic EMA200 Daily at 1.5940....
lol.. I know bro I know.
I don't think nfp going to do shit to this downtrend to be honest.

Not today anyway.

If I get a confirmed reversal Monday I'll cut it off at the nuts, but I get the distinct impression we are heading downtown...

To be confirmed.

I'm going to have some Icecream soon then go to bed
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Come with me if you want to live....
  • #333,167
  • Jan 4, 2013 5:41am Jan 4, 2013 5:41am
Quoting fxtyrant
i have a feeling ur 100 pips late dude.... i hope NFP dont come back to bit you on that one :/
but yea... not goan take long for GBPUSD to reach my magic EMA200 Daily at 1.5940....
Actually, you got me thinking, I've closed the trade and see where we are Monday.
Come with me if you want to live....
  • #333,168
  • Jan 4, 2013 5:42am Jan 4, 2013 5:42am
Quoting id5
There is an assumption there that Canada or Mexico would be interested at that point.
Yeah I don't know the details, only that it wasn't played much at all in the media (not surprising).
Come with me if you want to live....
  • #333,169
  • Jan 4, 2013 5:54am Jan 4, 2013 5:54am
Quoting Ill-b-back
Yeah I don't know the details, only that it wasn't played much at all in the media (not surprising).
I don't think many do apart from the instigators or the conspiracy theorists but regardless the death of the Dollar or the birth of the Amero is not in any of the timeframes I am trading in
  • #333,170
  • Jan 4, 2013 5:56am Jan 4, 2013 5:56am
Quoting Ill-b-back
Actually, you got me thinking, I've closed the trade and see where we are Monday.
better safe than sorry...
as for my eurusd short, gbpcad short, silver short...
their SL are all in the profits so if NFP comes let it come...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #333,171
  • Jan 4, 2013 6:00am Jan 4, 2013 6:00am
Quoting id5
I don't think many do apart from the instigators or the conspiracy theorists but regardless the death of the Dollar or the birth of the Amero is not in any of the timeframes I am trading in
me neither

By the way, we got this right before NFP, (typical)

No free lunches in forex...
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  • #333,172
  • Jan 4, 2013 6:01am Jan 4, 2013 6:01am
Quoting fxtyrant
better safe than sorry...
as for my eurusd short, gbpcad short, silver short...
their SL are all in the profits so if NFP comes let it come...
Come with me if you want to live....
  • #333,173
  • Jan 4, 2013 6:15am Jan 4, 2013 6:15am
Quoting Ill-b-back
me neither

By the way, we got this right before NFP, (typical)

No free lunches in forex...
Yes NFP should be interesting. I have one small in profit short with a very tight SL left open hoping for 1.6005 before NFP. I will step aside for NFP and see if it breaks and stays below the descending trendline from the 10th although I have a feeling that there are a whole bunch of stops between 1.6 and 1.59 that may get defended.
  • #333,174
  • Jan 4, 2013 6:30am Jan 4, 2013 6:30am
Good day,

Area for reversal possible... not out of the picture as yet.

SL 1.5975

Regards
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  • #333,175
  • Jan 4, 2013 8:28am Jan 4, 2013 8:28am
Quoting TauTrader
Good day,

Area for reversal possible... not out of the picture as yet.

SL 1.5975

Regards
Closed.
  • #333,176
  • Jan 4, 2013 8:36am Jan 4, 2013 8:36am
Quoting TauTrader
Closed.
market has positioned itself bearish awaiting news incase result is positive

i think it looking to challenge 1.6

btw Happy New Year every1
  • #333,177
  • Jan 4, 2013 8:37am Jan 4, 2013 8:37am
Quoting TauTrader
Closed.
Just trying to uinderstand why you think that the reversal is not going to occur at the moment TT?
  • #333,178
  • Jan 4, 2013 8:40am Jan 4, 2013 8:40am
Quoting nAVIN2007
market has positioned itself bearish awaiting news incase result is positive

i think it looking to challenge 1.6

btw Happy New Year every1
Good day to you, Nav

All the best to you for 2013

I hear you - but I think 1.6055 first. Just getting the feet wet. Closed on the little rejection just to bank a few.
  • #333,179
  • Jan 4, 2013 8:52am Jan 4, 2013 8:52am
Quoting id5
Just trying to uinderstand why you think that the reversal is not going to occur at the moment TT?
Good day to you, id5

We stopped at a very busy intersection and the departure back was "soft" in my opinion. I would have expected a little running through here if she was serious to trap positions. It is a gut feel, id5....i'm wrong often - so she could merrily carry on for a bit more.

I think it's more my mental state at this very moment - feel rusty..

All the best to you, sir
  • #333,180
  • Jan 4, 2013 8:58am Jan 4, 2013 8:58am
Quoting TauTrader
Good day to you, Nav

All the best to you for 2013

I hear you - but I think 1.6055 first. Just getting the feet wet. Closed on the little rejection just to bank a few.
Good to see you again Mr.Tau & Happy 2013..

Potential H4 SEX + DBB setup.. H4 close above 1.6055 will confirm

The Great Canadian Geese (USDCAD) showing early bird signs to lead the Dollar Reversal..

http://c8.blackop.ca/repository/site...07022012121234
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