May the force be with you buddy - am not sure what made you go long though.

Cable Update (GBPUSD)

EUR longs - CAUTION - EUR/GBP is heading towards 7000 - When GBP starts getting stronger - EUR will be sold off - irrespective of what the USD is doing. I would be careful trading EUR long at the moment.

Cable Update (GBPUSD)

I think Ben is a more Reactive person than a Proactive - which leads me to believe that he will only cut 25 bp - which may not be enough but will tell the market that he is doing something and keeps the hopes alive for further cuts. This could be ...

Cable Update (GBPUSD)

You have a valid point - however i will be very careful of this move down - it started much before any bad news from UK came out - what that means is the market is just correcting - a move higher this time will be with a bang - whenever that happens ...

Cable Update (GBPUSD)

i was thinking SHORT - Not anymore - rate cut almost sealed in.

Cable Update (GBPUSD)

hmmm .. dont see why you would be shorting EUR - every chart that i have screams LONG

Cable Update (GBPUSD)

Does anyone here trade GOLD ? Spot gold - i am planning a long @ 707 - anyone else - would be interested in hearing strategies and reasons. Sorry to disrupt the GU thread

Cable Update (GBPUSD)

After the NFP - none of this makes any sense. The only sense in the market at the moment is 9/18

Cable Update (GBPUSD)

I am going Long on EUR - 1.3883 and GBP - 2.0270 NOW

Cable Update (GBPUSD)

None of this is dollar bullishness - its simple risk aversion - the markets have priced in a 50bp rate cut already - now some feel its overdoing it and cutting back on their positions - I lost a lot on Pound long as well and have closed the position ...

Cable Update (GBPUSD)

Core PCE Price Index — Anyone wanna bet - i say Core PCE Price Index will be very low - just because i believe the numbers from US are made up these days. It has to be low for the fed and bush to hint at rate cute in later speech - if its high ...

Cable Update (GBPUSD)

Think about it - Real conditions and data was worse off last month - yet no revisions - and truthfully 98K is not a bad number from a macro perspective - make sure you look at this number next month and see where they will revise it to - atleast ...

Cable Update (GBPUSD)

My analysis says NFP will be good. For the last few weeks it is almost as if the Fed is telling a story - All is good DO NOT Panic - Let the US$ depreciate because we are not going to raise interest rates - the PPI is low, - whereas the real reason ...

Cable Update (GBPUSD)

i agree to be careful - but am on a differnt standpoint - i wrote in another thread i follow data and corelations very religiously - and so far i had a theory that US data is all made up - last few weeks have pretty much proven it - PPI - negative - ...

Non farmpayrolls

Be very Careful — Friends, i follow data and corelations very religiously - and so far i had a theory that US data is all made up - last few weeks have pretty much proven it - PPI - negative - what !!!! Rising oil prices, rising commodity ...

Non farmpayrolls

USD news cannot be good - these numbers make no sense and the bigger players know that which is why they are not buying - the only reason for good GDP is because the low USD got a whole heap of people buying from USA. Their local consumption is ...

Cable Update (GBPUSD)

read my last post - and i will pray for all who short here. Think like the banks do before you take a trade.

Cable Update (GBPUSD)

Be Very Careful — People Be very careful with your shorts - i wouldnt recomend opening too many dollar longs. - Read the posts i have written so far and you will know i dont talk carp Last 2 days have just shown what a overbought market does. ...

Cable Update (GBPUSD)

Dont know how much i would agree with you on that - if you see it closely - all the USD bears are because of fundamentals only - but this would make sense only if you are a swing/position trader - i agree with you that data hasnt moved the day ...

Cable Update (GBPUSD)

Nonsense Data — This just DOESNT make ANY SENSE - i follow data and corelations very religiously - and so far i had a theory that US data is all made up - now i am certain that is the case - PPI - negative - what !!!! Rising oil prices, rising ...

Cable Update (GBPUSD)