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Cable Update (GBPUSD)

  • #393,521
  • Aug 14, 2014 7:56am Aug 14, 2014 7:56am
Quoting Darkforce
Much of the UK headline inflation figures are pure bullshit and made up by a bunch of people more retarded than imbeciles. Grocery are much more expansive than 2009, for example, the Okan Yogurt, in 2009 it was 600g package and regularly you will find price cut to £1 or 2 for £2 or even buy 1 get 1 free at £1.59. But now the package is reduced to 450g very infrequently you will see those kind of deals. So even if the price stays the same, the package shrinking means that we pay 33.33% more than in 2009, that's 33.33% inflation in 5 years or roughly...
Interesting thoughts but I'm not so sure about the conclusion. Also, the period of relatively high inflation around the years 2008 to 2012 is well known but that's rear-view mirror stuff. The question for us is where are we now but more than that where are we going.
Regardless of whether we think the official figures fudge or underestimate inflation, policy is made on the basis of official figures.
I have no clue what I'm talking about.
  • #393,522
  • Aug 14, 2014 8:02am Aug 14, 2014 8:02am
Quoting elbert3
{quote} is the trend still our ?????
Maybe. But I'm booking profits if it hits 1.6700 .
Hear the music before the song is over ...
  • #393,523
  • Aug 14, 2014 8:03am Aug 14, 2014 8:03am
Quoting pipster1
Long Triggered

Hit Break Even..
  • #393,524
  • Aug 14, 2014 8:12am Aug 14, 2014 8:12am
Quoting pipster1
{quote} Hit Break Even..
Pending buy placed 1.66963
  • #393,525
  • Aug 14, 2014 8:15am Aug 14, 2014 8:15am
Hi everyone,

The movement I was hoping for a few weeks has finally taken place this week. I would like to thank the people that in the times when my positions were under water offered me patience, wisdom and trust. Whether this was done consciously or unconsciously.

For the interested; I aim for a TP near 1.656.

Best regards,

Frietzak
  • #393,526
  • Aug 14, 2014 8:15am Aug 14, 2014 8:15am
todays ny closing may give better position
will wait till tommorow morning
The Phoenix Trader....
  • #393,527
  • Aug 14, 2014 8:24am Aug 14, 2014 8:24am
Quoting frietzak
hi everyone, the movement i was hoping for a few weeks has finally taken place this week. I would like to thank the people that in the times when my positions were under water offered me patience, wisdom and trust. Whether this was done consciously or unconsciously. For the interested; i aim for a tp near 1.656. Best regards, frietzak
posted the same before ,this news was not a mover the trend is down,,good luck
  • #393,528
  • Aug 14, 2014 8:26am Aug 14, 2014 8:26am
Tomorrow we have GBP - GDP. The plan is in top of latest months. High probability to be lower since forecast estimates was 0,6% instead of 0,8% planned. I think big guys know already what shall be the figure. Could dive lower. lets us see if can pass 167.

Best to wait till tomorrow news and react.
No emotions, just trade
  • #393,529
  • Aug 14, 2014 8:29am Aug 14, 2014 8:29am
Quoting pipster1
{quote} Pending buy placed 1.66963

xbuy hit, Trigger cancelled. Counter Trend losing steam. 2 solid wins on EU today. I am done for now. Tchau
  • #393,530
  • Aug 14, 2014 8:33am Aug 14, 2014 8:33am
Quoting Fx_Anil
On the break of 1.6690, i wish to see the pair towards 1.6730 {image}
i wish to see this pair towards 1.68500
Keep calm and go GREEN...
  • #393,531
  • Aug 14, 2014 8:35am Aug 14, 2014 8:35am
Quoting Makavell
1.6746 was the red line. Im already in at 1.6744 target 1.6250
Took profit at at 1.6670. waiting now for a revisit of 1.6780-90 region to reload shorts for final destination 1.6250
  • #393,532
  • Aug 14, 2014 8:40am Aug 14, 2014 8:40am
1.6666 nice number
GELORE
  • #393,533
  • Aug 14, 2014 8:43am Aug 14, 2014 8:43am
unless gold breaks high today its short ,I think that candle will close bit like that or lower,best to wait
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold 14 (DFB).png Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,534
  • Aug 14, 2014 8:47am Aug 14, 2014 8:47am
Quoting GlobalMacro
short @ 1.6827 t/p : open s/l : 1.6929 {image}
Quoting GlobalMacro
{quote} Entering stop buy order @ 1.6700 to close the short position ...
I'm closing the short position here @ 1.6687 and booking +140 pips profit.

Position flat.

Attached Image (click to enlarge)
Click to Enlarge Name: 4HCable.png Size: 9 KB
Hear the music before the song is over ...
  • #393,535
  • Aug 14, 2014 8:49am Aug 14, 2014 8:49am
what happened right now is related to EURGBP braking higher ...
Get Rich or Die Tryin
  • #393,536
  • Aug 14, 2014 8:51am Aug 14, 2014 8:51am
Quoting Darkforce
Much of the UK headline inflation figures are pure bullshit and made up by a bunch of people more retarded than imbeciles. Grocery are much more expansive than 2009, for example, the Okan Yogurt, in 2009 it was 600g package and regularly you will find price cut to £1 or 2 for £2 or even buy 1 get 1 free at £1.59. But now the package is reduced to 450g very infrequently you will see those kind of deals. So even if the price stays the same, the package shrinking means that we pay 33.33% more than in 2009, that's 33.33% inflation in 5 years or roughly...
way to go best summary have heard in a long time .. respect for sure DF
  • #393,537
  • Aug 14, 2014 8:52am Aug 14, 2014 8:52am
Quoting GlobalMacro
I'm looking 9400 min. l/t . That daily morning star did an excellent job stalling the selloff. Intraday might retrace to 9200 , is a possibiity but today not a day to be shorting DAX at all. {quote}
Hi GlobalMacro,
Your analysis has been good. How long do you think the buy position should be held?
Regards.
  • #393,538
  • Aug 14, 2014 8:54am Aug 14, 2014 8:54am
Quoting globalmacro
{quote} {quote} i'm closing the short position here @ 1.6687 and booking +140 pips profit. Position flat. {image}
if you havnt done it just put pp on ,,your taking it at that any way if it goes down your quids in
  • #393,539
  • Aug 14, 2014 8:55am Aug 14, 2014 8:55am
okey dokey


Quoting hoom
Keep your holy grail tools aside , you've been alerted . {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,540
  • Aug 14, 2014 9:07am Aug 14, 2014 9:07am
yes but eur usd is capped

Quoting hoom
what happened right now is related to EURGBP braking higher ...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CHF d1 14 (DFB).png Size: 41 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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