Cable Update (GBPUSD)

Is there anywhere on the web that streaming the FOMC announcement?

try bloomberg website they have live tv link that will cover the release of text although there would be a small delay on the net

try fx street

if we pass 2.0232 we will run to 2.0280 ... then 2.0337

go cable go!!!

Agree with you , but i'm out

i'm in since 2.0167 .... and the way open to 2.0340

i come out hte trade and she decides to move....typical ...

...patient buddy....

welcome amjad...

http://www.bloomberg.com/avp/avp.htm?clipSRC=LiveBTV

i posted that hit S/L last time so ... i dont get u .
it is not much coz i trade small (0.1 ), many pips and very stressless
im not praud , just happy another day with profit

winning always makes fell good , doesnt it ?
if not why we r trading ? duties ? i dont think so

with my depo trading is kind of entertiment not source of monthly paycheck.

My take, I might be wrong...

If you look at the calender, it tells you what is going to happen and what is expected...

Since FTSE picked up, you should have been long, since morning, most of the move has already happened, as most people expect to be a rate cut.

I was wondering why the pound was faltering against the dollar, until I read about UK banks might be suffering more than they are leading onto and that's the reason it wiped of more than a few billion on the FTSE yesterday.

So...

Forecast is 0.75%
FTSE has picked up...

We should have been long...

If you get less than 0.75, you should be shorting.

If you get 0.75, there won't be much movement.

If you get 1.0, then there will be some movement!

For me fundimentals are the way forward, had enough of trying to understand price action and you see a pin bar and other confirmation to confirm it is a short, then for fundies to take you out and no realise what is going on in the world!

Not the simplest thing to understand, but it helps me understand why price has moved that way, not because of price action, but what actually goes on in the world affects currencies!

Happy pipping!
Guess

Good luck!
Guess

i re sold at 69! damit and it went to 72! i wanted that freakin 72!!! before it jetted/.

anyways Nav, Good Job on the 2 day streak, soon we'll have to watch our bakcs cuz you climben fast bud. damn.

scale out time for me

thank you i am happy to hear that

Interest Rate Statement

- 0.75

good that i was out

can't believe this...
cable fall after cut rate.???

I placed another trade and lost all the profit ..
f*ck....1.70 profit .

nAVIN,
lesson 1:

take your profit and stop

Its been going up all day with the anticipation of the rate cut. But to go further up, it would have to be a bigger rate cut than expected.