took a nice little scalp 1.2649 to 1.2660 of GU b4 LO

Cable Update (GBPUSD)

Dollar stating to ease a bit but is it just a breather or time to buy GU and EU

Cable Update (GBPUSD)

Back before Nixon took the Dollar of the gold standard every single dollar was backed by gold. You could go into any bank and swap your doller for the equivalent in gold. Now think what would have happened if all the countries in the world decided ...

Cable Update (GBPUSD)

What is the reason for this dollar buying during Asian and now Frankfurt, anyone??

Cable Update (GBPUSD)

I think were talking about two different things. US was under the real threat of going bankrupt if all these countries exchanged their dollars for gold. Not sure what that has to do with inflation? Also Nixon took the fall for watergate while never ...

Cable Update (GBPUSD)

Looks dramatic but Euro 25 pips drop in 12 hours and Cable 30 pips drop

Cable Update (GBPUSD)

If it is then 2600 be good buying area I'm looking at 1.2648 to buy, see what PA does

Cable Update (GBPUSD)

He's made out to be a villain for that decision but if look at the reason why he took the US of the gold standard it makes perfect sense. Every US dollar was backed by gold, all it was going to take was for every country in the world to ask for gold ...

Cable Update (GBPUSD)

seems like the strangest PA I've ever seen.... Waiting for US stocks to react to durable goods data perhaps??

Cable Update (GBPUSD)

Big miss on durable goods

Cable Update (GBPUSD)

For sure your correct but what she was doing at the back of the stove is a big no no here.....but plenty of us do our own small electrical jobs and get away with it. But posting it on social media would be a bit hit to your hip pocket in OZtrailya ...

Cable Update (GBPUSD)

Pat if US data positive there will be a drop of US dollar pairs across the board but your still expecting this push higher in the coming days? I don't want to give Bears false hope but I expect US positive data.....could be wrong and I'll trade ...

Cable Update (GBPUSD)

No way would someone in Australia post a clip like that, very quickly the electrical authority here would come down on them like a ton of bricks. Any electrical work must be done by a licenced electrician or as we call them Sparkys lol

Cable Update (GBPUSD)

If you watch the buying and selling on the tick chart you can understand it's an auction, 1.2700 is only so strong because no one is willing to stump up the cash to go higher right now. It could happen before news or big buy orders are in the ...

Cable Update (GBPUSD)

Typical, just after I posted it started to move lower no doubt when Moty laid down a yard

Cable Update (GBPUSD)

Cable getting worse, bouncing between 2685 and 2695

Cable Update (GBPUSD)

Yep they have royally screwed up their country and I say vote for Zebi in November for the Presidency to put things right Nubcake for Vice President

Cable Update (GBPUSD)

They have a debt burden that can't be repaid according to some economist and maybe their hoping that if they hold out long enough some of the countries doing really well will fall over? Or maybe they realise the only way out is hyper inflation, ...

Cable Update (GBPUSD)

If this hourly candle had remained green we were going over 2700 on next hourly IMO Could still happen of course....

Cable Update (GBPUSD)

I'd suggest if you get very successful move to a tax haven in the Bahamas Know of at least one hugely successful trader who did just that and the way I see it the social compact(is that the right term?) has been broken and ...

Cable Update (GBPUSD)