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- OldReigatian replied Apr 14, 2010
Was told that good data = investment in US bonds and treasury notes which weakens $. Don't ask me to explain, I'm as befuddled by the logic as you!!!

Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Looks like we're going to have to wait for Bernanke to testify for any moves. SSSSSSSSSSSSSSSslllllllllllllllllllllllllllllllllllllllllllllllloooooooooooooooooowwwwwwwwwwwwwwwwwwww
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
ok no pre news scalping opportunities arisen so it looks like stand aside and see what materialises. Have set my trades to capture the swings either down or up, so pretty much on auto pilot for my longer term trades. Still going to have finger at ...
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Im gonna have a nice sandwich and a drink, watch the direction of the rally for the next 30 mins and then place a retrace scalp for 20 pips in the opposite direction just prior to the news being released. Got a feeling theres gonna be a lot of ...
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Always a time during the day where EUR gets a bit clobbered. 40 pips is about normal. If you see a 100 pip movement in a day on EG you know something truly newsworthy is going on!!!
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Past performance is no indication of future performance......God I hate that saying, but it's damned true
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Hi All Bit of respite from work for 5 mins. Had a look at the history and I can't but help feel that whatever the news today the direction of traffic will be moving fast. We haven't had a 250 pip day for ages. So hold onto your hats, book your ...
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Cometh the hour, Cometh THE man!!! 11 o'clock spike coming up. Move my long tp at 1.5460 to 1.5495
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
HI Clog We seem to be following a similar pattern to yesterday. My guess at this stage is we'll see it climb to 100 pips between todays low and a high at around 1.5470 with a fall back to 1.5420ish prior to the news. I've entered a small long at ...
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
With big news coming up at 1.30 I would be inclined not to overstretch your trades with top ups........... Just a bit of advice from the voice of a bad experience
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Off to the day job now. Stay lucky everybody
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Guess that's what being at the bottom of the food chain is like

Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Hey Paw U R with fxcm right? Just clicked to lodge an order at 1.5416 held as pending for about 30 secs and eventually booked it at 1.5401. First time it's happened to me. This happened to you before?
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Hey Paw, how are you. Are you sure this isn't just pre London rebound. I gotta feeling we may be going back up with a spike before down?
Cable Update (GBPUSD)
- OldReigatian replied Apr 14, 2010
Morning campers. With the US CPI news later today, I'm not expecting significant moves this morning. If you trade a range between 1.5340 and 1.5450 I think you should be quids in. Perfect set up for my averaging strategy GL to you all
Cable Update (GBPUSD)