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Cable Update (GBPUSD)

  • #357,241
  • Jan 2, 2014 5:01pm Jan 2, 2014 5:01pm
Quoting GlobalMacro
{quote} It's not a hard word, it's the reality. Even their chancellor warned employers not to overdo it. There is no reason why a highly qualified workforce should be "lent out" to employers and paid below market rates (because part of it goes to referring employment agency) instead of being employed full time in a proper manner. Their competitiveness of the last decade was artificially propped up by "wage dumping" made possible by those labor reforms...once these components are no longer politically sustainable (especially with rising inflation...
trust me, i´m well informed about what my chancellor said - and why. flexible labor markets, innovative products, modern infrastructure and an efficient tax system with solid public finances will keep the german economy strong. to reduce the success of the export-oriented industry here on "wage-dumping" is just keynesian-based, vulgar-economical thinking, especially because of the fact that germany still is a high-wage-economy: in 2012 35,20/h in the processing trade, 47% higher than the eurozone average.
fortis fortuna adiuvat
  • #357,242
  • Jan 2, 2014 6:49pm Jan 2, 2014 6:49pm
Quoting Baggi
{quote} We don't know if he got it right yet. Remember, he told you Monday they will start to sell.
thats right..but also true that I am not the only guy who receive this info from him :-). He may have revealed it to a hedge fund also.. and you know what they are capable of when they smell blood :-)
  • #357,243
  • Jan 2, 2014 9:41pm Jan 2, 2014 9:41pm
I think we are bearish for now. On 4hr chart we have fallen off of the stairs.

Attached Image (click to enlarge)
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  • #357,244
  • Jan 2, 2014 9:45pm Jan 2, 2014 9:45pm
Quoting Davit
{quote} I can't make trading decisions for you.I have a trading plan and that entrails certain profit target before I close my shorts.This is why I don't waver. As a suggestion you should have a solid idea of SL and TP targets before placing a trade otherwise your confusion will get worse. regards
hi davit.. how are you bro..

on my chart 4h and 1h im looking for scalp long for a momment GL guys.. happy weekend soon..!
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #357,245
  • Jan 2, 2014 9:48pm Jan 2, 2014 9:48pm
Quoting kikugalanet
{quote} hi davit.. how are you bro.. on my chart 4h and 1h im looking for scalp long for a momment GL guys.. happy weekend soon..!

Happy New year.I am doing fine.
My BB system is performing beautifully.Love Bollinger Bands
enjoy your weekend as well
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In trading, you have to be defensive and aggressive at the same time
  • #357,246
  • Jan 2, 2014 10:02pm Jan 2, 2014 10:02pm
Quoting Davit
{quote} Happy New year.I am doing fine. My BB system is performing beautifully.Love Bollinger Bands enjoy your weekend as well {image}
Beautiful!

Davit, please, let the 3rd and 4th positions be heavier than the 1st two, my eyes suffer! Hehe, just kidding

Wish you the best in your trading my friend.
Best time to plant a tree was 20 years ago, second best is now
  • #357,247
  • Jan 2, 2014 10:12pm Jan 2, 2014 10:12pm
Quoting horuxito
{quote} Beautiful! Davit, please, let the 3rd and 4th positions be heavier than the 1st two, my eyes suffer! Hehe, just kidding Wish you the best in your trading my friend.

Thank you Horuxito
You are correct I am still working on perfecting my entries.
Green pips to you
In trading, you have to be defensive and aggressive at the same time
  • #357,248
  • Jan 2, 2014 10:30pm Jan 2, 2014 10:30pm
what do u thing guys about Construction PMI today ..
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #357,249
  • Jan 2, 2014 10:31pm Jan 2, 2014 10:31pm
Watch for a break of this box.

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  • #357,250
  • Jan 2, 2014 10:35pm Jan 2, 2014 10:35pm
here i found on cable forecast...
Attached Image
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #357,251
  • Jan 2, 2014 10:47pm Jan 2, 2014 10:47pm
Quoting PipTrapper
{quote} I've been waiting for these entries since Monday, but you already knew that {quote}
yep you have to stay patient. Practically half the trade is letting the pips come to you instead of forcing it.
  • #357,252
  • Jan 2, 2014 11:01pm Jan 2, 2014 11:01pm
Quoting kikugalanet
here i found on cable forecast... {image}
where you found this?
  • #357,253
  • Jan 2, 2014 11:11pm Jan 2, 2014 11:11pm
Quoting trexy123
{quote} where you found this?
hi trexy123

http://www.efxnews.com/story/22265/d...ency-forecasts
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #357,254
  • Jan 2, 2014 11:14pm Jan 2, 2014 11:14pm
im done for scalp 20 pips. rest for a momment waiting for london open ..
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #357,255
  • Jan 2, 2014 11:31pm Jan 2, 2014 11:31pm
Quoting kikugalanet
{quote} hi trexy123 http://www.efxnews.com/story/22265/d...ency-forecasts

Funny that my EU tp is 1.35
In trading, you have to be defensive and aggressive at the same time
  • #357,256
  • Jan 2, 2014 11:38pm Jan 2, 2014 11:38pm
Quoting Baggi
Watch for a break of this box. {image}

its on weekly pivot.
Once broken next stop is 6340
In trading, you have to be defensive and aggressive at the same time
  • #357,257
  • Jan 3, 2014 12:46am Jan 3, 2014 12:46am
Quoting Davit
{quote} Funny that my EU tp is 1.35
hehe look at cable on Q4 lol
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
  • #357,258
  • Jan 3, 2014 12:54am Jan 3, 2014 12:54am
Quoting kikugalanet
{quote} hi trexy123 http://www.efxnews.com/story/22265/d...ency-forecasts
If you observe the table, either the value keeps going up or down for any given pair. No up and down movement. Very strange!
  • #357,259
  • Jan 3, 2014 1:00am Jan 3, 2014 1:00am
DXY 1H
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  • #357,260
  • Jan 3, 2014 1:23am Jan 3, 2014 1:23am
i might be dead wrong but i think well visit 16485-16515 again before trending down again, euro more than falling looks like consolidating for an attempt to ake 1.3700, long term this pair must be down but no one is selling the pound now, sure yesterday there was an euro selloff.


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