Cable Update (GBPUSD)

"No Change in Fed Funds rate; Fed Keeps Rate at 5.25%; Moderation in inflation Pressures Not Demonstrated".

"- Fed - Future Policy Depends on Outlook for Inflation, Growth"

" Fed - Core Inflation Readings Improved Moderately in Recent Months"

"Fed - Credit Conditions are Tighter for Households, Businesses"

" Fed - Vote to hold rates Unchanged is unanimous"

You sound just like Cramer....Cesar !!!!!

- The USD firmed against the European currencies during the NY session on Tuesday. Cable led the way lowers as a second confirmed case of 'hoof and mouth' disease among the UK cattle industry provided dealers with an excuse to sell the currency. Russian names were cited as the primary name selling Sterling through out the day, particularly against the JPY. The EUR fell to 1.3750 after a ABS money market fund co managed by West LB temporary froze withdrawals after suffering losses of 2.4% last week. The USD consolidated it gains when West LB clarified that losses were not related to the US subprime sector.

USD/CHF probed daily resistance at 1.1970 approach as the dollar firmed. The JPY came off its session lows against the major currency pairs following BOJ's Fukui comments during Europe that a weak yen was making it harder for some Japanese firms to pass on rising raw material costs. EUR/JPY fell164 towards 163, GBP/JPY dropped to the 2.39 area. European fixed-income futures were lower throughout the session, but climbed back from their worst levels after German July Industrial Production fell 0.4% m/m against an expected rise of 0.5%. European equities were firm throughout the session in follow-through buying attributed the rally seen on Wall Street late Monday.

+40 short UJ, half rolling
+50 GJ, half rolling.

ROCK AND ROLL http://www.lavinya.net/phpBB2/images...miley_rock.gif

short cable or not short cable this is the problem !!!

we need to kick that mule one more time. Sometimes they forget and require multiple kicks in the ass.

targets @ 2.0188 & 2.014 in extension

Dow -95, guys are PISSED...

Was +35 right before the news

Byebye DOW

I have a little confused now.....

Is Cable possible going low again at tomorrow or this week? (lower than .0200)

I still hold a short with profit, but don't know how to react at this time....

this is gonna scream south, alot of positions were placed long, watch when they cover

Kick it, just kick it, come on man kick it

i think thats just happen now

This makes the BOE inflation report news pretty huge tomorrow.....

I hope that everybody kick it to same direction.....south will be better.....

Thats excactly what happend last time is said to kick that mule in the ass.
Wheres that picture at?

Yeeeeeeees Pleaseeeeeeeeeee

Kick EURO too guys !!!!!

Short Cable Short

http://img.slate.com/media/1/123125/...ckDonkeyTN.jpg

Don't forget the last couple of sessions the DOW has caused a "wild" ride in the last hour of the day.......