The world you desire can be won. It exists.. it is real.. it is possible..
Cable Update (GBPUSD)
- #419,123
- Sep 5, 2015 7:16pm Sep 5, 2015 7:16pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,049 Posts
E, my good man , last week is water under the bridge, don't dwell on it ,Ive been right and got slaughtered because of timing and Ive been wrong and survived because of timing, trading seems to be one of those things that will give you a good swift kick in the arse just because it can. Patriotic- you have importers and exporters there, whats good for one is bad for the other so that shouldn't bother you. Myself I like to buy stuff because the sky is the limit, when ya sell it can only go to zero 
. Your a good trader , having a definite plan is a great idea if you were firing at a stationary target , the markets are far from stationary man so don't be too hard on yourself there , cheers
. Your a good trader , having a definite plan is a great idea if you were firing at a stationary target , the markets are far from stationary man so don't be too hard on yourself there , cheers
- #419,124
- Sep 5, 2015 7:46pm Sep 5, 2015 7:46pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #419,125
- Sep 5, 2015 8:42pm Sep 5, 2015 8:42pm
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
My personal view NO hike in Sept.USD losses to all majors. Corrections after the Sept Feds meeting. You can tell from PA that big boys are not selling USD yet. The economy added 173,000 jobs in August. While it was a decent gain in jobs for the month, the number was below economists' expectations and is likely to muddy the picture for the Federal Reserve's historic decision to raise its key interest rate in two weeks. Economists surveyed by CNNMoney projected that the economy would add 207,000 jobs. Wages grew 2.2% in August, about in line with...
What is missing from 5.1 rate is how many Americans are out of labor force basically stopped looking for job or can't find one.
about 90 million.
I just had to or have to end off ...
- #419,134
- Sep 7, 2015 1:57am Sep 7, 2015 1:57am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
- #419,138
- Sep 7, 2015 2:49am Sep 7, 2015 2:49am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} had a long at 151 700 short term stuff for a change
- #419,140
- Sep 7, 2015 3:18am Sep 7, 2015 3:18am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} Looking for one more low then ready to place a long position trade .. back to the 000 line sell on lol what a racket
Bloomberg: ‘Declines [in pound] suggest sterling is losing its status as the darling of the currency markets amid signs the economy is starting to lose momentum. […] The possibility the BoE will keep its main interest rate at a record low of 0.5 percent for longer is also reflected in government bonds.’
UBS: ‘GDP growth has been solid and inflation remains near zero, UBS expects the BoE to hike only in February. However risks from the referendum on EU membership remain, but we doubt the bank can wait to be sure they are manageable before it tightens policy.’
LCG: ‘GBPUSD extended weakness to 1.5165 on Friday and tests 1.52 offers in London today. The oversold conditions points at a correction at the current levels. The formation of a bullish harami should indicate a bullish correction should 1.5170/65 holds throughout the day. Large option barriers should cap the upside attempts pre-1.5250. ’
GBPUSD
Market price 1.5203
Bearish below 1.5270
Preferred case: bearish with resistance at 1.5270, drop expected to 1.5130 before 1.5100.
Alternative case: if 1.5270 surpassed, rise to 1.5320 before 1.5415.
mornings email and my chart with weekly resistance
