Ive been short since 0612 and price action keeps going my way. I was aiming for 0450 area again I cant see anything at present to change that view.

USDCAD trend reversal?

Last time we reached these heights in cable market was buying into the rumour of a double rate hike in April to 5.75% This time round we are at the same level just before a potential rate hike to 5.75%. The only difference is that this time FED has ...

Cable Update (GBPUSD)

Last week I thought exactly the same however I believe they will raise rates now with the terrorist attacks. Purely on a political level the best time to give the public bad news is when there is already a worse event occuring. Over the coming days ...

Cable Update (GBPUSD)

Holy batman! Cable still going up. All my shorts were stopped out this morning, im sure glad I decided to call it a day 8 hours ago and not add more shorts! At this level I am starting to be tempted to short again but not just yet

Cable Update (GBPUSD)

A potential new terror attack on London and cable doent even blink. By all accounts the bomb was detonated by the terrorists but the main device failed to go off. Lucky escape.

Cable Update (GBPUSD)

EUR/USD and USD/CHF just went crazy

Cable Update (GBPUSD)

DOW wasn't too impressive earlier on, carry trades haven't been bought too much. Seems like a lack of confidence at the moment in buying. Maybe watiing for Japan news first before we see some real movement. End of week Friday maybe some profit ...

Daily GBP/JPY analysis

Hot economic news - Spice girls have reformed, more important than FOMC statement im sure you will agree I think this will mean cable will be bearish

Cable Update (GBPUSD)

Excellent E-book. I have a question. On the original fozzy we had bollinger bands, over time have these become unnecessary?

Fozzy e-book - noobs can start here

early signs of selling the carry trades here

Daily GBP/JPY analysis

We have waited a week with these shorts so lets hope cable responds accordingly

Cable Update (GBPUSD)

The only difference in this statment and last months was the omission of the word elevated in reference to inflation. It seems to me its a case of wait and see what economic reports show with regards to inflation. Not out of the rate hike woods yet ...

Cable Update (GBPUSD)

they always seem to rally what ever my take on statment Inflation remains an issue but not as much as an issue as last month because FED dont think its an issue that inflation moderates in an inflationary environment remains elevated. Thats what I ...

Cable Update (GBPUSD)

Worst thing is none of the English had a say so in this, no election vote they just got the jobs.

Cable Update (GBPUSD)

New chancellor announced in UK is Alistair Darling, last seen in Gordans behind. So we now have 2 scots in the most important jobs ruling the English.

Cable Update (GBPUSD)

Holy batman! USD/CHF has broken out of its range at last!

USD/CHF

free4440273 is your avatar a picture of Bernanke before he has shaved

Cable Update (GBPUSD)

leaked FOMC statement Wednesday June 28, 2007FOMC Statement Source: Federal Reserve Board Washington, DC - The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent. Tree growth slowed in the ...

Cable Update (GBPUSD)

True I feel like shorting here but its more sensible to wait for the announcement. Plenty of pips to be had here no doubt

Daily GBP/JPY analysis

I tell ya cables been pants lately but another pair gets the crown for most annoying and it is USD/CHF. Ive been long for a week and im still at breakeven.

Cable Update (GBPUSD)