finally a fking red number
Cable is beast...maybe we can hope for sell of today night, but I need about 200 pips down to be on zero with my sells on cable..
Cable Update (GBPUSD)
- #385,207
- Jul 3, 2014 3:48am Jul 3, 2014 3:48am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #385,208
- Jul 3, 2014 3:53am Jul 3, 2014 3:53am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #385,209
- Jul 3, 2014 3:55am Jul 3, 2014 3:55am
- Joined Jun 2013 | Status: Trader | 3,071 Posts
Todays events
A Reuters poll forecast non-farm payroll gains of 212,000 which would be its fifth month above 200,000.
"The main thing today will be the non-farm payrolls," said Valentijn van Nieuwenhuijzen, head of multi-asset funds at ING investment management."
"(President Mario) Draghi will be doing his best to make the ECB meeting a non-event, but after all the strong U.S. data this week, the ADP, ISM, the car sales data, this could be the thing that finally convinces markets that they can't ignore it anymore." With many of the world's big economies gradually improving and major central banks including the ECB and the Federal Reserve keeping interest rates at record lows, markets are enjoying near-optimum conditions.
Trade recomendation
Market environment is becoming too optimistic bulls are prancing, it can only go up, Bears are in retreat... Stay in cash take the day off, US holiday tomorrow NFP today, perfect conditions to wreck accounts, expectations for an NFP beat and over optimism given the present equities situation have this market primed to whipsaw with large knee jerk reactions and frequent market maker comments (ECB) and major data releases, trading storm conditions are forecast with frequent nail biting headwinds for traders with new positions.... Technical calm on Monday...
Trading on NFP day, its like drugs... just say no!
A Reuters poll forecast non-farm payroll gains of 212,000 which would be its fifth month above 200,000.
"The main thing today will be the non-farm payrolls," said Valentijn van Nieuwenhuijzen, head of multi-asset funds at ING investment management."
"(President Mario) Draghi will be doing his best to make the ECB meeting a non-event, but after all the strong U.S. data this week, the ADP, ISM, the car sales data, this could be the thing that finally convinces markets that they can't ignore it anymore." With many of the world's big economies gradually improving and major central banks including the ECB and the Federal Reserve keeping interest rates at record lows, markets are enjoying near-optimum conditions.
Trade recomendation
Market environment is becoming too optimistic bulls are prancing, it can only go up, Bears are in retreat... Stay in cash take the day off, US holiday tomorrow NFP today, perfect conditions to wreck accounts, expectations for an NFP beat and over optimism given the present equities situation have this market primed to whipsaw with large knee jerk reactions and frequent market maker comments (ECB) and major data releases, trading storm conditions are forecast with frequent nail biting headwinds for traders with new positions.... Technical calm on Monday...
Trading on NFP day, its like drugs... just say no!
- #385,211
- Jul 3, 2014 4:00am Jul 3, 2014 4:00am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #385,212
- Jul 3, 2014 4:00am Jul 3, 2014 4:00am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
{quote} how many traders are grateful the uk has bad news, and most are English,,, hows that for patriotism lol
nothing is cheap and many are simply working to survive..i think if they raise rates there going to be a crash, hows that for a striving ecomony.
the thing which is a concern is everything is at an extreme rate..
FTSE 100
USD
cable through the roof
Billy what do u think?
- #385,214
- Jul 3, 2014 4:05am Jul 3, 2014 4:05am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} Get it while u can bro ..
- #385,215
- Jul 3, 2014 4:07am Jul 3, 2014 4:07am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} The only Problem i have hombre is do i take the ASTON or the MERC out today .. as i have a free day from a heavy Filming Schedule .. What is your excuse .. lolHere a peace offering take my hand in freindship now and later on u can kiss my arse ..
- #385,217
- Jul 3, 2014 4:09am Jul 3, 2014 4:09am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Double-Whammy, if-you-can't-take-the-heat watch-your-a$$, special-edition Deluxe
Crunch Time Today.............
Are ya ready to get down (....up) ???
Crunch Time Today.............
Are ya ready to get down (....up) ???
Hear the music before the song is over ...
