I hope I don't miss the down move again, but I'm going to wait until next week to short. I'd hate to buy in short and then have it gap up on me while the markets are closed. Assuming we are still up in this range, anyone have a good price point to ...

Cable Update (GBPUSD)

Yeah, me too. I'd like to be selling again right now, but going into a weekend with a possible gap up? Not appealing. I'll wait until next week to start selling.

Cable Update (GBPUSD)

Here is the next large move upwards.

Cable Update (GBPUSD)

Well, get ready to see this mofo moving pretty fast soon, once those retail numbers come out. If they are good, this move up isn't finished.

Cable Update (GBPUSD)

A funny thing happened in the USA. The President and the Senate Majority leader ranted and raved for days on end of nuclear economic destruction if we didn't raise the debt ceiling. So tonight, the debt ceiling was raised, just in time, and now all ...

EURUSD

True, what you said was If the main mover is the Euro, we'd expect to see this in the Euro only. Instead, we're seeing it in other majors as well. I think it has more to do with the Chinese downgrade of us sovereign debt.

EURUSD

If it has nothing to do with USD, then why are other pairs like GBPUSD and USDCHF doing the same thing in a negative direction for USD? Also, the only thing your chart shows is that this month is a continuation of last months upward candle. It ...

EURUSD

So if it keeps going up, then what's the explanation? Suppose the news is good and it continues to spike upward?

EURUSD

I just looked at the previous months candles. But they aren't helping me understand. Perhaps you're able to explain.

EURUSD

Same thing happening in GDPUSD. Going up strong without any news.

EURUSD

If the numbers coming out in about an hour are good, we'll head up. But will we head up over resistance?

Cable Update (GBPUSD)

Just sold short at 1.6004 I'll add to that at 1.6035ish if we get up there.

Cable Update (GBPUSD)

I think lower also. Senate is currently voting to reopen the government. Assuming that passes, we should see a big move in the cable. I'm watching it live at the moment. Should be finished soon.

Cable Update (GBPUSD)

Sorry, it was bbmac I was responding to.

Cable Update (GBPUSD)

I couldn't agree with you more. I wasn't trying to make a point about the value of the US Dollar and whether it will be stronger or weaker, so much as I was responding to your message about debt to GDP ratio.

Cable Update (GBPUSD)

You're right, I absolutely cannot see the USofA handing over any land to China to make up for some default on bonds. However, China needs both Oil and Coal, which the USofA has in abundance. And if you remember, China doesn't own the 17 trillion in ...

Cable Update (GBPUSD)

It doesn't really matter how governments express their national debt though, does it? If you trust how a government expresses something, you're naive, at best. On the other hand, most of us express our debt as a portion of our income, combined with ...

Cable Update (GBPUSD)

Pardon the newbie question, but.... If England is doing well, then the pair GBPUSD will move up and if USA is doing better economically, then GBPUSD will move down, yes? Obviously it's not as clear cut as that, but generally speaking.

Cable Update (GBPUSD)

I'd say this looks good right now for a quick 10 pips to the downside.

USD/JPY Discussion

It's trying to get down through 1.5950 right now.

Cable Update (GBPUSD)