Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#206,501
Mar 16, 2010 11:44am Mar 16, 2010 11:44am

egkid
Joined Apr 2008 | Status: Trader | 9,414 Posts

Quoting GlobalMacro

Disliked

Exactly...lots of players are sidelined atm because of that...

as for yuan I think it's highly improbable that chinese would completely allow their currency to float judging from their attitude right now....the most they'd probably do is widen their trading band just a little bit -- if even that...

Ignored

Hey look who's BACK

Welcome back bro
Where have u been all that time?! Unfortunately couldn't even PM you,
U stop that option on ur profile :-(

#206,502
Mar 16, 2010 11:48am Mar 16, 2010 11:48am

Tsui
| Joined Mar 2010 | Status: Trader | 36 Posts

am in short for the retrace now

#206,503
Mar 16, 2010 11:49am Mar 16, 2010 11:49am

thrishelle
| Joined Aug 2008 | Status: Trader | 154 Posts

im not lucky today fiuh~~

#206,504
Mar 16, 2010 11:51am Mar 16, 2010 11:51am

special0nefx
| Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts

Quoting forexlion

Disliked

history of FOMC

http://www.youtube.com/watch?v=aemXgP-2xyg

Ignored

NIce video lion. Really laugh till can't stop...

especially the walking babies ahahhahhah

#206,505
Mar 16, 2010 11:51am Mar 16, 2010 11:51am

ubaidahsan
| Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts

Quoting Tsui

Disliked

am in short for the retrace now

Ignored

i am short too for retrace

what is your SL>?

Ub

#206,506
Mar 16, 2010 11:54am Mar 16, 2010 11:54am

cloggie
Joined Oct 2009 | Status: Trader | 15,211 Posts

5207 held, I am in short for the retrace, minor resistance at 5174; initial target 5127. I am going to get out before the FOMC. Lots of Dollar weakness today based on the growing spat between China and the US.

By the way UCAD nearing parity and the SNB seems to have finally given up on 1.46

#206,507
Mar 16, 2010 11:57am Mar 16, 2010 11:57am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

hi all

above or below the line

west or east u never know might be wrong

Attached Image (click to enlarge)

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#206,508
Mar 16, 2010 12:07pm Mar 16, 2010 12:07pm

don_choa
| Joined Jul 2009 | Status: Trader | 58 Posts

Quoting TauTrader

Disliked

Good day to you,

Unfortunately, I will not share the indicator, as it is based on a proprietary indicator created by someone else.

I would love to , but I can not

I hope you understand

Regards

Ignored

Thanks for your reply.
I do understand,
Thanks.

#206,509
Mar 16, 2010 12:16pm Mar 16, 2010 12:16pm

allserene
Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts

Quoting cloggie

Disliked

5207 held, I am in short for the retrace, minor resistance at 5174; initial target 5127. I am going to get out before the FOMC. Lots of Dollar weakness today based on the growing spat between China and the US.

By the way UCAD nearing parity and the SNB seems to have finally given up on 1.46

Ignored

It's all me eye and Betty Martin !

my etf FXI (china index ) is up again today

I think they make the moves and think the reasons up afterwards

#206,510
Mar 16, 2010 12:17pm Mar 16, 2010 12:17pm

javapips
| Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts

Quoting wormboy

Disliked

lol yea .. still going tho. Too bad we got off a bit early

[color=#5F5F5F]...

Ignored

i thought you are kind of people that hold all buy or sell till the end wormy...

already forget 1.53xx and 1.57xx?? anticipate 'rate' news? (or afraid will lose profit again

)

I will be the number one Manager.

#206,511
Mar 16, 2010 12:19pm Mar 16, 2010 12:19pm

egkid
Joined Apr 2008 | Status: Trader | 9,414 Posts

I read something thought to share
FOMC preview
Strong consensus expectations are that the FOMC will do nothing to rock the boat tonight since there is little evidence that suggests we believe otherwise, and since as we have pointed out, this is the first one-day meeting since September of 2008. Still, consensus is a dangerous things as the greater the consensus, the more volatile the market can become on a surprise. And if feels like there is a heavy consensus ou there for this FOMC meeting. In our estimation, there are two ways that the statement can surprise the market. First, Mr. Hoenig, who voted in favor of removing the keeping rates low "for an extended period" language could get some company. (of course, we won't find out about any such split in the voting until the minutes are out in three weeks). The other thing that can happen is that the new statement includes some kind of preparatory comment suggesting that the "extended period" language will be removed soon. Such a development would be hawkish for US rates, supportive of the US dollar and potentially damaging for risk. An outright replacement of the "extended period" phrase would be the most shocking outcome, but should be considered very low odds.
Be careful out there.

#206,512
Mar 16, 2010 12:24pm Mar 16, 2010 12:24pm

special0nefx
| Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts

Quoting egkid

Disliked

I read something thought to share
FOMC preview
Strong consensus expectations are that the FOMC will do nothing to rock the boat tonight since there is little evidence that suggests we believe otherwise, and since as we have pointed out, this is the first one-day meeting since September of 2008. Still, consensus is a dangerous things as the greater the consensus, the more volatile the market can become on a surprise. And if feels like there is a heavy consensus ou there for this FOMC meeting. In our estimation, there are two ways that the...

Ignored

Can you explain what it means? sorry i can't understand