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- cloggie replied Mar 18, 2010
I get market depth on 3 platforms, it does not reflect the entire market but it is large enough to show me a fair representation on larger moves. I tend to not always pay attention to it unless we get larger spikes to see the immediate trend.
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
I hope you put money on your convictions, I did on mine. Market depth on fibre is also showing more sellers then buyers.
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
I am seeing more sellers then buyers right now. ratio of roughly 3:1
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
Numbers right on the money, us2y and us5y slightly down, dx marginally down, dj fut no change (still up). This should not have an impact on the bearish trend for today, but then again you never know. I am back in short, seeing this as an opportunity
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
Got out before my target, not risking a crap news trade on the short term account.
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
I am out, let's see what obamarama comes up with in 15 mins.
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
This whole year has been about who is the lesser of evils. Both the EU and the US are in the dumps, right now the US is doing slightly better. Look at the commodity countries they are flying. The whole landscape of carry trades is changing slowly ...
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
BA's debt just marked down to junk, I can't find anything positive today about the UK economy, at least the Tories are gaining in the polls still no clear majority so even that is causing uncertainties. As an aside, UCAD is moving to parity and UJ ...
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
If the increase in the deficit was priced in the market we may range, if it was not we will fall. Not much room on the upside especially with Papandreou admitting that the increase in spreads will not allow him to meet his austerity measures and ...
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
Public debt up, tax receipts up slightly (VAT increase) net borrowing down, deficit up 10% vs last year. Darling is going to have a tough budget next week, kinda useless as he won't be there much longer.
Cable Update (GBPUSD)
- cloggie replied Mar 18, 2010
Greek debt spreads are widening vs the Bund, not a good day for the euro.
EURUSD
- cloggie replied Mar 17, 2010
Dollar seems to become bullish here with both fibre and cable heading south, so I may jump the bear fence shortly.
Cable Update (GBPUSD)
- cloggie replied Mar 17, 2010
Bear candle on M30? closing my longs to see where this goes.
Cable Update (GBPUSD)
- cloggie replied Mar 17, 2010
NYSE opens in 10 mins yes the CME is open but the NYSE is a good driver for early afternoon trading especially when the DJ futures are up. DJ has reached the 61 fib from last years low.
Cable Update (GBPUSD)
- cloggie replied Mar 17, 2010
I want my SHORT!!! there have been dozens here talking about bounces, pull backs, retraces on and on, where is my short!!!! Am still long fighting the consensus in here for days now. Ah well..
Cable Update (GBPUSD)
- cloggie replied Mar 17, 2010
Oh I am, just wanted to make you nervous about your short....
Cable Update (GBPUSD)