Right meant to be on holiday - but cannot resist trading - faded USDCAD for 30 pips - plus got some short stuff off Cable Good luck everyone

Cable Update (GBPUSD)

Don96 did you see the Aussie session last night- just before Sydney opened they drove it to the 4pm fix - - and then shot up a couple of minutes after it opened and then dropped it back- Have attached a screen shot

Cable Update (GBPUSD)

Hi Don96 Do you have a TP for this trade cheers

Cable Update (GBPUSD)

Bit of support around here

Cable Update (GBPUSD)

I can see why dean1star was raving that you are back

Cable Update (GBPUSD)

On its way

Cable Update (GBPUSD)

Could be waiting for 11 am fix

Cable Update (GBPUSD)

Smashed Retail estimates- good for pound - will take a while for this to come back

Cable Update (GBPUSD)

Market might retrace after Retail Sales figures Also as its ranging quite a bit- there might be a spike

Cable Update (GBPUSD)

Think London traders will rally up the pound - FOMC will carry over tomorrow for certain Retail sales due at 9:30 BST- meant to be quite good -although this may have been caused by discounting However - with inflation on the way up - still think ...

Cable Update (GBPUSD)

Interest rate expectations drive currencies In general higher inflation- means a greater likelihood of rates being raised or not cut- which increases the value of a currency

Cable Update (GBPUSD)

Bouncing off fib levels at the moment

Cable Update (GBPUSD)

Think the heavy sellers have come in - loads of volume- traders trying to get a decent price

Cable Update (GBPUSD)

Gotta go - meant to be on holiday - wife nagging me to get off the net good luck

Cable Update (GBPUSD)

Its something to certainly bear in mind Actually - went long last night and all the data seems to see Cable being long Purely based on too much strength on dollar- (poor GDP, PPI Services & Retail Sales) a concern Cable down 500 pips With the ...

Cable Update (GBPUSD)

This is something I am not used to Cable going north If the FOMC minutes are dovish - I am expecting US CPI figures - to miss expectations Main reasons - lower gas prices in US and discounting by retailers

Cable Update (GBPUSD)

What was really interesting about this trade is that UK traders dumped Cable - to yesterdays London's 4pm fix price- before rallying it up This afternoon should be good

Cable Update (GBPUSD)

RBA minutes - indicate "only a small chance of a reduction in the cash rate at the present meeting" This is bullish on the AUD- up 20 pips since 7am COT increased longs as well Approaching offers .7680 and .7700- so expecting some resistance Going ...

AUD/USD

Halbot - not sure if you will be awake - but have posted a potential Aussie trade - in the AUDUSD section

Cable Update (GBPUSD)

The RBA minutes are going to come out very early in the morning Germany and London traders usually jump on the back of it- when they open Attached is a screen shot of what happened last month If its following the trend into the open - wait for it to ...

AUD/USD