has more to go

Cable Update (GBPUSD)

CNBC is reporting the Fed will be increasing the discount rate again tonight

Cable Update (GBPUSD)

Don't try to pick bottoms.....

Cable Update (GBPUSD)

This pull back may have quite a bit of momentum.

Cable Update (GBPUSD)

I see a bullish engulfing on the M15, so I am waiting out a pullback, it hit the LTL quite hard after obamarama's speech

Cable Update (GBPUSD)

May get a bit of a pull back first.

Cable Update (GBPUSD)

You must not be a very good rugby player then....

Cable Update (GBPUSD)

Speech over, obamarama signed the jobs bill into law only big part was a tax credit for first 6 months on new hires

Cable Update (GBPUSD)

But I don't want a job....

Cable Update (GBPUSD)

We're back to where we started this morning. Sighhh

Cable Update (GBPUSD)

Take your luck when it is given to you!!!! I keep two seperate broadband connections and a G3

Cable Update (GBPUSD)

obamarama is talking about the jobs bill

Cable Update (GBPUSD)

Still holding on to them. Slowly adding to them....

Cable Update (GBPUSD)

Just got another 10.5 pip scalp, could have gotten a bit more. Is this the breakout?

Cable Update (GBPUSD)

Don't worry, I will probably end up giving it back to the market before the day is over....

Cable Update (GBPUSD)

304 pips scalping will give me a massive head ache, I am not a scalper by definition but got really bored today; so much negative news on Sterling, crap outlook on eu and nothing is moving.

Cable Update (GBPUSD)

I am still holding several longer term shorts too, we need some direction though I agree, been scalping all day and only have about 100 pips to show for the effort.

Cable Update (GBPUSD)

Has been a grinding day scalping up and down, no real direction

Cable Update (GBPUSD)

Scalping now on M1, not convinced yet on longer term direction here.

Cable Update (GBPUSD)

Trading with large mainstream brokers does have its advantage, spreads are next to nothing but I pay a commission per turn instead

Cable Update (GBPUSD)