Just a small pull back.
Still in longs.....
Didn't do much to convince me to take a short yet.
Better....stay out
Still in longs.....
Didn't do much to convince me to take a short yet.
Better....stay out
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Dislikedisn't it strange how some bad news on US sales boosts the GBP/UDS but the DOW keeps on going up too ? (perhaps because cable goes up ?)....
when the dollar gets to 3.0000 the dow will be 20,000 ?
messrs simon and garfunkel had it right
'A man hears what he wants to hear and disregards the rest'
So it's 50% fun + 50% mental = fundamental and I bet it always was...
housing crashing and credit cards maxed out but the DOW doesn't care - its all going UP !Ignored
DislikedConsumer sentiment better than expected. DUH, time to close positions and go fishin'Ignored
DislikedA weak currency is actually very good news for a country's economy longer term as experienced by the UK in the mid '90s and Japan before that. The simple reason is that weak currency makes the countrys companies goods more competitive in international markets and therefore boosts company sales and profits. A strong currency has the reverse affect -it makes goods less competitive, reducing sales and therefore company profits and the countrys future growth and prospects. Hence the reason the US Goverment is welcoming -or at least doing nothing to hinder the decline of the $USD. Overall the result should be a big boost to the US economy and much needed reduction in the Trade balance deficit....Ignored
DislikedMight be
However, that won't change the fact I'm going fishing
What about you mate? Still in the trade?Ignored
DislikedIt also means the US markets are a better value to invest in, since for every pound a British investor puts into a US equity, he's getting double value over his native equities.Ignored
DislikedYes... There is a RABBIT in the hat. So I'm not going fishing. I'm cutting the dogs lose...Ignored
DislikedIf not today...next week.
I load up more longs on e/u and g/u already
Shorted again on usd/chf
Byebye Dollar.Ignored
DislikedLooks like party is over....
Breack of 0364 today demands A LOT of witches, I don't think this Friday can handle.
So far triple top in place, odds favor the old due retracement....Ignored