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Cable Update (GBPUSD)

  • #163,561
  • Sep 4, 2009 7:11am Sep 4, 2009 7:11am
I am ready for this NFP stuff. The attached picture indicates my position...
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  • #163,562
  • Sep 4, 2009 7:12am Sep 4, 2009 7:12am
Quoting bbmac
Just a bit of fun, what will this month's NFP # be??

I am going to be pessemistic and go with -306k
-
I would agree with that view. Why has the market already moved up 170 pips today? Somebody must know something. Or is it just the big boys accumulating shorts.
  • #163,563
  • Sep 4, 2009 7:14am Sep 4, 2009 7:14am
Quoting TauTrader
I am ready for this NFP stuff. The attached picture indicates my position...
Same as me!
  • #163,564
  • Sep 4, 2009 7:15am Sep 4, 2009 7:15am
Quoting gammase1
Play nicely, Turveyd. Remember we don't make unfounded criticisms of systems, or trading styles, that we do not fully understand or cannot master.

Your charts would be most welcome here, I think.

20 minutes to go....
I didn't want to get started....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,565
  • Sep 4, 2009 7:16am Sep 4, 2009 7:16am
Quoting gammase1
Play nicely, Turveyd. Remember we don't make unfounded criticisms of systems, or trading styles, that we do not fully understand or cannot master.

Your charts would be most welcome here, I think.

20 minutes to go....
paul is right...post away ...
  • #163,566
  • Sep 4, 2009 7:17am Sep 4, 2009 7:17am
Catch Out some BEEEEERRRRRSS REady Loaded
  • #163,567
  • Sep 4, 2009 7:20am Sep 4, 2009 7:20am
Lets have a guess at the Employment rate...I say -269k. Any takers? lol
  • #163,568
  • Sep 4, 2009 7:20am Sep 4, 2009 7:20am
How long do you wait after news to start trading? 1 minute, longer?
-- There's no winner without lose --
  • #163,569
  • Sep 4, 2009 7:21am Sep 4, 2009 7:21am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
ftse100 is up 1.4%. Seems these boys have some idea where it's heading...
Anticipating neutral news not too bad/good figures...
  • #163,570
  • Sep 4, 2009 7:22am Sep 4, 2009 7:22am
I say -285K.

Mike
  • #163,571
  • Sep 4, 2009 7:22am Sep 4, 2009 7:22am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
how about long @ -215 short @ -235




Quoting direct-trade
Lets have a guess at the Employment rate...I say -269k. Any takers? lol
  • #163,572
  • Sep 4, 2009 7:23am Sep 4, 2009 7:23am
Quoting direct-trade
Lets have a guess at the Employment rate...I say -269k. Any takers? lol
As long as we're just picking numbers, I'll say..

NFP -238
UR 9.7%
Ghost Rider - WWTBMD?
  • #163,573
  • Sep 4, 2009 7:23am Sep 4, 2009 7:23am
Quoting ams
ftse100 is up 1.4%. Seems these boys have some idea where it's heading...
Anticipating neutral news not too bad/good figures...

so u thinking up or down?
  • #163,574
  • Sep 4, 2009 7:24am Sep 4, 2009 7:24am
Quoting direct-trade
Lets have a guess at the Employment rate...I say -269k. Any takers? lol
I say its negative
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,575
  • Sep 4, 2009 7:24am Sep 4, 2009 7:24am
Quoting JamesCZ
How long do you wait after news to start trading? 1 minute, longer?
Minimum 30 mins for me.
Ghost Rider - WWTBMD?
  • #163,576
  • Sep 4, 2009 7:25am Sep 4, 2009 7:25am
Quoting gammase1
Play nicely, Turveyd. Remember we don't make unfounded criticisms of systems, or trading styles, that we do not fully understand or cannot master.

Your charts would be most welcome here, I think.

20 minutes to go....

But I understand H4 trading, I used to trade stocks profitably of D1 charts even, Forex isn't the place to do it, it changes direction too many times per day and rarely has multi day trends like stocks do.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #163,577
  • Sep 4, 2009 7:25am Sep 4, 2009 7:25am
Quoting Bull_Bear
I say its negative

that's a good one...me too...
Hear the music before the song is over ...
  • #163,578
  • Sep 4, 2009 7:27am Sep 4, 2009 7:27am
Quoting Turveyd
But I understand H4 trading, I used to trade stocks profitably of D1 charts even, Forex isn't the place to do it, it changes direction too many times per day and rarely has multi day trends like stocks do.
That's very true, actually. I have rarely, if ever, seen multi-day, or longer, trends in FX.

3 more minutes to go...
  • #163,579
  • Sep 4, 2009 7:27am Sep 4, 2009 7:27am
Quoting Turveyd
But I understand H4 trading, I used to trade stocks profitably of D1 charts even, Forex isn't the place to do it, it changes direction too many times per day and rarely has multi day trends like stocks do.
As long as the person is making money I dont think it matters what time frame they use.
It's amazing how lucky you are when you make good decisions.
  • #163,580
  • Sep 4, 2009 7:28am Sep 4, 2009 7:28am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
My bias is on the UP side....

However, I anticipate neutral news......
Anyways, good for US doesn't mean cable will rise...expect selling @68900-65400
Let's see.....



Quoting nAVIN2007
so u thinking up or down?
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