DislikedOf course, 1.9600, the border that bear and bull have many battles already.
Wah, GBPUSD just shot up to 1.9600 and down again!Ignored
It is always difficult to practice the old saying: "Let your profits run and cut your losses"
Help needed in OANDA + users from Malaysia 105 replies
DislikedOf course, 1.9600, the border that bear and bull have many battles already.
Wah, GBPUSD just shot up to 1.9600 and down again!Ignored
Disliked5:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif BOE Inflation Letter
I am sure this is doing much damage to the Pound Sterling now!!! SHORT CABLE SHORT GEPPY!!!!
T.A.Y.O.R!!!
Ignored
Disliked5:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif BOE Inflation LetterIgnored
Disliked5:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif BOE Inflation Letter
I am sure this is doing much damage to the Pound Sterling now!!! SHORT CABLE SHORT GEPPY!!!!
T.A.Y.O.R!!!
Ignored
DislikedWith Short at 1.9582 and TP at 1.9559, what can I complain about, he he !Ignored
DislikedShould had let the profit runs mate Anyway... we were surprised with the BOE report... never knew it came just like that out of the bloom. Like I said... expect the UNEXPECTED.
Ignored
QuoteDislikedHe said the surge in inflation came on the back of rises in food, electricity, gas and fuel prices. 'These components alone account for 1.1 percentage points increase in the CPI inflation rate since last December.'
He said it is well possible that commodity prices will rise further over the coming months and together with increases in food prices will likely push the CPI annual rate 'markedly above the target well into 2009.'
King also highlighted the dilemma facing rate setters, saying that hiking rates just now will put the economy at risk. 'If the bank rate were set to bring inflation back to target within the next 12 months, the result would be unnecessary volatility in output and employment.'
DislikedIf you read back.. I already foresee this, didn't I? Discussing the DANGER if rising the IR at this crisis time. Woww weee... I am getting wiser and wiser regarding FUNDAMENTAL now... thanks Forex... I learnt a lot about fundamental. I am sure I can easily become Professional ANALYSTS or even the The Governor of BANK NEGARA after this
Ignored
DislikedYeah... looking at the whole situation... it's not the right time to hike the IR. That will surely affecting the housing market in the USA that barely recuperating from the crisis. It's still too early to do that I guess. The least FED can do is just keep the rate stable. If they wanna hike it... perhaps next year until everything stabilize and housing business gaining much momentum to survive.
With the OIL Price dropping and stabilize... perhaps the INFLATION still under control.
It's so tricky with this STAGFLATION crisis. It's more difficult to handle compare to RECESSION. Just my point of view.
However, this is the game of the BIG BOYS. Market easily controlled by them. As an Intraday Trader... I just follow the sentiment day by day.
Unless I wanna place a LONG TERM trade entry... I'll consider all those factor seriously.
Not to forget... don't just look at the US crisis... what about UK and Euro... and the world? If all having the same crisis... in the end... ALL EVEN OUT.
Ignored
DislikedGBPUSD now at 1.9528, the peak 12 Dec 2004, before it goes down trend. So this 1.9528 is also a key position, well, in a way.Ignored
DislikedThat BOE inflation report sure does heavy damage to the Pound Sterling. While other pairs still about STAGNANT... anything with GBP moving so fast now. SHORT POUND STERLINGGGGGGGGGGG!!!!
Hehehehe... this is not a trade call... just me shouting out loud because of my SHORTs on Cable and Geppy. Already covering my LOSS earlier and profiting now since I placed bigger lots.
T.A.Y.O.R!!!!
Ignored
DislikedTotal profit as right now... more than 100pips already and countingIgnored
DislikedGBP/USD: Extends South as King"s Letter to Darling Absorbed
London, June 17.
Cable has fallen to a fresh intra-day low two pips shy of 1.9550 as the market absorbs the content of Mervyn King"s open letter to Alistair Darling re: why UK CPI inflation is more than 1.0% above its 2.0% target level.
http://www.bankofengland.co.uk/monet...tter080616.pdf
The BoE Governor says UK CPI inflation could rise above 4.0% this year and will remain well above its 2.0% target well into 2009. King also says that the MPC faces a difficult balancing act between slower growth and rising prices, and that the future path of interest rates that would be needed to get CPI inflation back to target is "uncertain" for now.
1.9572 (pre-King letter low) is now a GBP/USD resistance level. 1.9590, 1.9600 and 1.9616 are obstacles above. - ThomsonReuters.com
英央行行长:通胀重返2%的利率道路走向并不确定
金恩:经济放缓 通胀可能受此影响降至目标水平金恩:通胀有可能下半年急剧上升至4%以上Ignored
QuoteDislikedKing also highlighted the dilemma facing rate setters, saying that hiking rates just now will put the economy at risk. 'If the bank rate were set to bring inflation back to target within the next 12 months, the result would be unnecessary volatility in output and employment.'
Dislikedwe were surprised with the BOE report... never knew it came just like that out of the bloom. Like I said... expect the UNEXPECTED.
Ignored
DislikedThe RSI has just broken down a former rising trendline.
So going SOUTH again! Great!
Got 1.5 lot, will try to sell 1 and keep 1!
Ignored