Cable Update (GBPUSD)
Euro, 2nd 1/2 in on that dip and if the Fed Dude, can just make a Joke about the USA being bankrupt and unrepairable, then pause for 5seconds I can retire a rich man!!!
Still holding your short Moe ???
You wish (along with the rest of us). Still looks like a short to me. Moe probably in the bar after his earlier trade.
The amount of money Moe trades with, he proberley owns the bar and free drinks for all
I shoulda bailed on that last run up, account at all time new highs if I'd of bailed there doh!!!
Not going to hold over Fed, do suspect we'll have some shorts cover before so some retracement, but doesn't rule out lower before this
Will up early to catch the move in the morning - anticipate a lot of action as banks cover positions at month end. Will wait and see what the pip gods deliver on yonder.
Suspect Oil will take a dive also, but thats more than risky to trade given recent volatility.......and then finish with a large tequila.
Up early is a problem I need to solve, wasting alot of pips waking up too late
Wouldn't short oil, I think longs only on that if I could trade it, thankfully i can't, 300 pip swings OUCH!!!
not looking like i'm going to get a sensible out in time doh!!
But first trade after 3weeks, I expect to get hosed
You are right about Oil - just observation which could impact on strength of Cable. I only managed to sneak 56 pips today and got slammed on G/J. Know to stay away but can't help it! I'll be looking to power up at 0600 GMT, can catch the earlies and generally get my pips by 11am. Anyway that's the aim. Don't always work though. Hopefully you've been on vacation and not in solitary confinement...
