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- fx local replied Jan 4, 2010
Market talk of a much higher than expected ISM Manufacturing data might be absolute cr@p but heard rumour of 65 print for ISM.. take it with pinch of salt guys...... happy trading
- fx local replied Dec 22, 2009
yes, cable been stuck in range for a while now, with btoh ends providing good trading opps, all main bets off until new year starts, normally jan brings dollar strength, equity weakness, 2010 will be interesting year nonetheless, happy trading to all ...
- fx local replied Dec 22, 2009
agree, reasonable strategy, would be careful in xmas market, silly things can happen with thin year end trade, be careful guys protect yourselves!!! G/L
- fx local replied Nov 5, 2009
went long after inital spike, it set up for further ground, may well test 16665/16700 if not then we back in range, 25 billion + hawkish talk on inflation big stops touted above 16630 therefore could see fast move
- fx local replied Nov 5, 2009
well that was free money trading.....
- fx local replied Nov 5, 2009
feeble mpc — url
- fx local replied Nov 5, 2009
reason why so many fail is that they need the answer, truth is to be successful, you inherently do not need to know whats going to happen next....
- fx local replied Nov 5, 2009
never trade through news, anything liable to happen then, always minimise risk....
- fx local replied Nov 5, 2009
lol made me chuckle also!!!
- fx local replied Nov 5, 2009
another word of advise, think for yourself, and never search for "expert" opinion!!!
- fx local replied Nov 5, 2009
url The Bank of England (BOE) will hold a policy meeting on Thursday November 5th. At the October policy meeting the BOE elected to maintain the current level of interest rates at a record low 0.5% and asset purchases at £175bln. The BOE indicated ...
- fx local replied Nov 5, 2009
will be looking for clues in the accompanying statement if any talks with regard to weaker currency, talking down the prospects for sterling given the MPC unofficially prefer a lower exchange rate given the additional stimulus it provides to exports,
- fx local replied Nov 5, 2009
03:25 11/05 CABLE: Recovery off early European lows of $1.6467 extends to $1.6520, the rate currently trading around $1.6514. Above $1.6520 and further resistance/offer seen at $1.6530/35 ahead of $1.6550. Support now seen at $1.6485/80 ahead of ...
- fx local replied Nov 5, 2009
that is uncertain, not the best decision to trade, my view is that an additional 75billion would warrant a strong sell off, on the other hand 25billion could well support sterling, going forward if they indicate that the end of QE is immenient a ...
- fx local replied Nov 4, 2009
13:02 11/04 CABLE: Holds $1.6470 currently after seeing a $1.6591 high just after the London fixing event, the pair remaining underpinned on the day and week as therling recovers from a recent sell-off and as market wisdom, rightly or wrongly, ...
- fx local replied Nov 4, 2009
09:13 11/04 CABLE: Traders add that stops have been building above $1.6550, noting that Asian sovereign sell interest (which capped rate during the European morning session at $1.6545) remains in place in the $1.6545/50 area.
- fx local replied Nov 4, 2009
08:34 11/04 CABLE: Lifts back to $1.6540, as rate tracks euro-dollar's extended recovery, with euro-sterling taking up part of the upside pressure to move toward resistance at stg0.8950. Cable offers said to remain in place between $1.6540/50, an ...
- fx local replied Oct 29, 2009
iloose on alot of my trades, but the trades im right on outway the losses, thats the key, u can loose on 60% on ur trades and still make money..... question of mastering ur timing trading ur setups.... and not taking losers personally
- fx local replied Oct 29, 2009
another leg lower in EURGBP worth noting, notable support near 8600 weekly trendline.....
- fx local replied Oct 29, 2009
minor, losses and being wrong apart of the game..... just move on to the next trade......simple