Fair bit of bad news kicking around on the pound 1) End of month flows 2) BOE member saying that the UK is in for a tough time in the long term 3) Government still does not appear to have lawyers to deal with Brexit negotiations (Bloomberg) Just a ...

Cable Update (GBPUSD)

Cheers dude

Fundamental Trading

Donald Trump scares the life out of me Appeals to ordinary working class American to get elected Total distrust of the media Hates China. Steve Bannon (his right hand man) said that the US will most likley go to war with China in the next 10 years. ...

The Really Useless Thread

Read this about iron ore inventories in China url

Pivot Trading

Would expect CPI to move up- following high gas prices: url But there is a price war going on in the supermarkets and retail sales were really poor for last month. Bit of a mixed picture - the estimate is higher. So on Core CPI I would be a bit ...

Fundamental Trading

Thought I would put fingers to keyboard to describe how I day trade major economic releases Here is an example: At the moment the Fed are going to hike interest rates. So leading up to a major event like the FOMC minutes is obviously important ...

Fundamental/News Thread

So all eyes on the next Average Earnings Index release, right? -Yes and CPI Which is likely to have a higher/sustainable impact on the GBP?- it all depends on how far away from expected the figures are- this is what matters. Whatever happens it will ...

Fundamental Trading

I see that Carney is looking at wage inflation to determine if interest rates should rise. url

Fundamental Trading

There was a potential day trade on Cable today- GJ would have been better as pound was down against the Yen for the 3 previous days Reason: url Missed it as I have too much to do (need to out source)

Fundamental/News Thread

Sure - also check out Jarratt Davis videos on youtube. video

Fundamental Trading

Check this out in respect of the rbnz decision url

Fundamental Trading

Hi there Its just getting the time to post things I might trade into the CAD on Friday CPI figures. Will have a check There is a fundamental thread in systems which is pretty good. GL Fader

Fundamental/News Thread

In respect of the RBA its to do with the general intention. When the RBA cut rates they implied that they would not cut rates anymore. This is bullish. Regarding trading economic figures quite often there will be a case of buy the news sell the ...

Fundamental Trading

In relation to the dollar falling after yellen's testimony I think this was because she previously expressed a hawkish position a couple of days previously. So this was already factored in. Think its a case of buy the rumour sell the fact

Pivot Trading

Best trade will be CAD CPI on Friday there should be some strength going into that event on the Loonie. In respect of the market as a whole obviously one must also factor the geopolitical issues particularly in regard to Donald Trump and the ...

Pivot Trading

Top man Will be having a read though to identify some decent trading opportunities

Pivot Trading

There are very few fundamental traders on here which is a shame really Without fundamentals I feel you are basically gambling All the banks and most hedge funds use fundamentals. They have teams of people to do research Most of the best traders in ...

Pivot Trading

The reason why the dollar has dumped is because of flights to safe havens Just look at the UJ over the last couple of days All because of this Russian issue with Trump First Flynn gets sacked. Then the FBI open investigations into 3 others.

AUD/USD

Lowe wont cut rates because of housing indebtedness Its one of the highest in the world There is a perceived correlation with iron ore as well which has been flying up. Mixed views on employment figures later on. On balance could be worse but too ...

AUD/USD

Think US traders are jumping on the back of UK sentiment following poor (ish) CPI figures

Cable Update (GBPUSD)