Out for +9 and that´s me finished for today.....must be one of the narrowest this year.

:: Cable (GBPUSD) Trend Trading ::

I sold a small lot at 9962 when it made a lower high at around 8:50 and will take 10 pips if it gets down to the 5m 200ema. Its so slow that´s its difficult to take a trade until it moves away from this 955 / 965 area - and not even the US guys are ...

:: Cable (GBPUSD) Trend Trading ::

The ST trend is still up, with the 5 min 200ema still rising and last at 9938 with cable at 9968. With the Brits on holiday and Europe having to digest the action in France, we may not see much action until the US session. The Euro is 12 pips below ...

Cable Update (GBPUSD)

Last year, the average daily ranges for cable during the last week of April and the first week of May were 169 and 183 pips / day. This year they are 116 and 110 (allowing 100 pips for today) So for these two weeks this year, cable´s average daily ...

Cable Update (GBPUSD)

Server / platform problems — Me too, had very intermittant connections with two brokers for over an hour from the London Open....missed the low, but eventually got a small buy for +12 and then bought the retrace after NFP for another 15. So ...

:: Cable (GBPUSD) Trend Trading ::

Be prepared for considerable volatility in the half hour before NFP and on release of the data......that´ll give the brokers a great opportunity to spike it hard each way to take out the news stradlers and stops. Often the true move does not start ...

Cable Update (GBPUSD)

The Dollar Index is compiled by the New York Board of Trade - url - they should have all the info, but I seem to remember a post a few weeks ago on this thread talking about it and its components.

Cable Update (GBPUSD)

Suggest you ask the Mafia....they´re probably just testing for NFP!

Cable Update (GBPUSD)

I suggest that you keep an eye on the Euro - its the largest component of the index and seems more volatile than ususal. image

Cable Update (GBPUSD)

I think we can expect some volatility into 8:30 and IF some brokers suspect (know?) that the NFP figures are bad for the dollar - say under 50,000 - then a fake out spike down through the 9850 support could be expected - that´s assuming that we are ...

:: Cable (GBPUSD) Trend Trading ::

Perhaps we need to change this thread´s title to "Cable / Euro update" - and now a drop of 2 x daily range before midnight......its enough to drive a good man to drink.....pass the bottle please. Sore head permitting, see you tomorrow for the FO ...

Cable Update (GBPUSD)

The only movement today has been news inspired, both at 8:30 and 10:00 - otherwise it dickered around hardly moving....I think we´ll get more of the same until tomorrow. P.S. Thanks okfx and dswk - I rather liked this one!

Cable Update (GBPUSD)

I think you´ve identified the major problem with ST trading....getting the balance of risk / reward right - 15 pip stops get hit too easily, but sound good vs say a 50 pip target. I can see that with the average daily range now down to about 110 ...

:: Cable (GBPUSD) Trend Trading ::

Nice trading — Great pips Francois and WOW - and the way its failing to bounce quickly off these new lows makes me think there´s more downside to come - if not today, then tomorrow before the data, with 9835 now very probable IMO As a short ...

:: Cable (GBPUSD) Trend Trading ::

that looked like a nice pre data fake out / stop hunt.....off the 1 min chart, 1 candle up above 9937, a doji then next candle down - blinked and you missed it!

Cable Update (GBPUSD)

Watching the action since the NFP data, it seemed to me that both the Euro and Swissy were leading cable in their dollar positive response and that cable was not so inclined to fall. Having said that, it is now back under its 5m 200 ema which is ...

:: Cable (GBPUSD) Trend Trading ::

Better than expected Non Farm Production data - 1.7 vs 1.0% - gave it a nice kick down and enabled me to exit with a small profit - I´m now flat. Given the slightly positive bias this morning, I´m not certain that it will fall much more before the ...

:: Cable (GBPUSD) Trend Trading ::

UK services PMI in line with expectations, so no effect on mkt. I dont like the way the 5 min 200 ema has now turned up and acted as support in the last spike down at 2:55 NY time, so I have not added to my 2 lot short and may close these for a ...

:: Cable (GBPUSD) Trend Trading ::

Thanks guys

Cable Update (GBPUSD)

Can you guys suggest any good sites for avatars, I´m still looking!

Cable Update (GBPUSD)