Of course your view of the world is skewed? You deny this fact? Humans are incapable of formulating a thought process that is without flaws. Whether you think something is bullshit or not has no relevance whatsoever, my friend, particularly when ...

EURUSD

What's so strange or very wrong? This is a reoccurring theme - have you not noticed? Bad economic data, in the eyes of the market, equates to higher chance of an even bigger slice of QE from the Fed than was priced in a couple of weeks ago. This ...

EURUSD

The bigger issue for the global economy is the indebtedness in the US, obviously. That fact is a complete no-brainer. However, on a like-for-like basis, the UK consumer is in far worse shape than their counterparts in the US. I am not commenting on ...

Cable Update (GBPUSD)

Research it yourself, Adrian. Try IMF reports or the FT website - particularly old Martin Wolf essays or Lex columns. Off the top of my head, roughly, consumer debt to disposable income ratio in the US is about 125-130%, compared to 170% in the UK.* ...

Cable Update (GBPUSD)

Can I join you in the losers' corner? No further positions for me today.

Cable Update (GBPUSD)

Actually, it's true, Adrian. The consumer in the UK is the most indebted out of the leading economies, carrying a far higher debt burden - compared to disposable incomes - than that of the struggling US consumer.

Cable Update (GBPUSD)

You and me both, Pipchick. Mr Posen also cost me money! I shall add him to my "list", right beneath Ben Bernanke! All the best.

Cable Update (GBPUSD)

Sentance has indeed moved incredibly quickly to counter the effects of Posen's comments, stating the following: "Inflation not where we would like it to be" "Need to create impression of return to normality" "More QE would give wrong impression on ...

Cable Update (GBPUSD)

Check out the choice of words used in the minutes and today's speech and you'll see how much more dovish the latter was compared to the former.

Cable Update (GBPUSD)

Exert from Posen's speech: "In fact, absent further monetary stimulus, I would expect U.K. inflation to fall well short of the target in 2012 and 2013, perhaps reinforcing a persistently low-growth outcome as in Japan in the 1990s."

Cable Update (GBPUSD)

Surely it's due to there being more sellers than buyers and that's all you need to know? DJ Market Talk have used the term "heavy duty credit easing" when discussing Posen's comments. Strong words.

Cable Update (GBPUSD)

To follow on the first part of Cloggie's post: url

Cable Update (GBPUSD)

Great to see you around these parts, Alan.

Cable Update (GBPUSD)

It's the only reason why 98% of retail traders lose, or "loose" as it's more commonly known on Forex Factory.

Cable Update (GBPUSD)

i·ro·ny –noun, plural -nies. Tthe use of words to convey a meaning that is the opposite of its literal meaning: the irony of her reply, “How nice!” when I said I had to work all weekend.

Cable Update (GBPUSD)

Only because my broker doesn't do 10 second charts, otherwise i'd use a doji on that timeframe as my trend reversal signal.

Cable Update (GBPUSD)

We should be thankful for liquidity providers. I'm done for the day. Good weekend all.

Cable Update (GBPUSD)

I've just seen a doji on the M1, followed by a bearish candle spanning 5 pips. If that's not a confirmation that this is about to reverse, then I don't know what is. Time to press that sell button, me thinks.

Cable Update (GBPUSD)

Confirmation - what's that? I think it best for traders to short when they feel it can't go much higher. After all, it can't go up forever?

Cable Update (GBPUSD)