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- cloggie replied May 12, 2010
Took my 90 of the London open and did not want to be greedy, she is taking another stab at that 5003 as we speak. Time for some more coffee
Cable Update (GBPUSD)
- cloggie replied May 12, 2010
5003 on H4 is proving stubborn. Am flat to see the PA around the psych number here
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
Spot on. For the 2-yr ones, they are of interest to us, the 10 yr ones are more of interest to longer term traders.
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
4914 held on the open, am long as an overnight trade. We'll see in the morning if Tokyo is going to give up on its retrace. Goodnight Y'all, see you at Franky.
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
I get mine of Bloomberg, not sure where to get a live feed from that is trustworthy, reliable and free, ask around. Anyone? By the way, we did get that Atif guy banned from here, good riddance I say, keep the thread for traders and by traders.
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
I just closed my EJ long, it has no momentum and keeping an eye on 4914 for an overnight trade on cable before signing of.
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
Look what happened to the euro, the interest rate of the Greek debt continued to rise and the euro fell soon afterwards. An increase in the rate of borrowing for the UK government will show a lack of confidence by the markets and a drop in Cable ...
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
Your first indication of how the market feels about this is Gilt prices, keep an eye on those. Cable will follow
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
4914 has now been tested twice on the M30 and H1, that becomes the key here, if that holds during Tokyo open we may well see a higher high and Tokyo is going to give up on its traditional retrace, it all depends on how they value cable tonight in ...
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
Tomorrow we should slowly see the concessions that Cameron had to give to the Libdems. The importance for us traders is that Cameron keeps Osborne as Chancellor and does not give that away to the Libdems, having Clegg as deputy prime minister is a ...
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
Don't put too much emphasis on the fundamentals, they are probably priced in already and entering trades based on that is just guessing, unless they are biggy items like NFP and interest rates. Buy the rumour and sell the news applies surprisingly ...
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
There is still a lot of indecision as the joint policies have not been published, neither have the postholders.
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
I know what you mean, I have had to deal with the FSA on numerous times, absolutely clueless minor bureaucrats
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
My big worry as a trader though is that Vince Cable may be the next treasurer, sandle wearing tree hugger, he may oppose putting the BOE back in charge
Cable Update (GBPUSD)
- cloggie replied May 11, 2010
Nah, that was as leader of the party by the next conference, he will have to physically go to the Queen to resign, so watch the motorcade that is your signal to go long.
Cable Update (GBPUSD)