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- Fader123 replied Aug 12, 2016
From what I gather - "Retail Prices" poor performance was due to discounting and lower petrol prices Seems that headline figures - show one thing - but when you look passed that -it shows a different story
Cable Update (GBPUSD)
- Fader123 replied Aug 12, 2016
Ok its going up- I think Looks like a rounded bottom
Cable Update (GBPUSD)
- Fader123 replied Aug 12, 2016
1.293 seems support at the moment I suppose I have to think to myself - why would I buy the pound on a Friday afternoon When every FX trader knows that Cables only chance of recovery is based on dovish minutes fro the Fed next week
Cable Update (GBPUSD)
- Fader123 replied Aug 12, 2016
Not much in the way of bullish sentiment here - yet
Cable Update (GBPUSD)
- Fader123 replied Aug 12, 2016
Cable was quite bullish this morning The with these figures - it rallied further US Retail sales figures, PPI - all missed expectation - by a fair bit After certain announcements -and taking sentiment into account- the market will invariably retrace ...
Cable Update (GBPUSD)
- Fader123 replied Aug 12, 2016
Those figures are a real shock- looks like retracing
Cable Update (GBPUSD)
- Fader123 replied Aug 12, 2016
Cable fairly mixed/bullish going into Retails Sales figs Would expect figures to beat expectations Going to wait to see what the figures are Happy so far- did a bit of scalping this morning - 8/8
Cable Update (GBPUSD)
- Fader123 replied Aug 8, 2016
Looks a bit bearish to me at the moment- not sure what the manufacturing figures were
Cable Update (GBPUSD)
- Fader123 replied Aug 5, 2016
Genuinely - the worrying thing is that the polls are usually wrong and Clinton leads The UK voted for Brexit - they got the UK elections wrong We need to see a huge lead for Clinton in the polls to be certain he is not getting in The thing is I ...
Cable Update (GBPUSD)
- Fader123 replied Aug 5, 2016
In the short term - ie Monday My view for Monday- we have the market down circa 300 pips over two days COT was at its highest short position going into the interest rate decision At the moment its all these UK traders short covering that is driving ...
Cable Update (GBPUSD)
- Fader123 replied Aug 5, 2016
I think sometimes the momentum carries over- for a while-with these major announcements If we get to see a rounded bottom- then I am going long
EURUSD
- Fader123 replied Aug 5, 2016
Although we are only 30 mins past NFP release - 1.3 would have some largish orders there- might bounce a bit
Cable Update (GBPUSD)
- Fader123 commented Aug 4, 2016
The thing is Carney had said previously - that there would be a cut in the summer. Then last month the BOE report said that there would be monetary loosening in August COT was at one of the highest rates against Sterling Yesterday we had really poor ...
BoE rate cut fully priced in