Early report on CNBC website regarding FOMC minutes The Federal Reserve continues to focus on the risk of inflation rather than weakness in the economy, according to minutes of its May 9 meeting. The minutes, released at 2 pm Wednesday, said that ...

Cable Update (GBPUSD)

I closed my long positions in very small profits just before. I have a feeling that FOMC will be $ positive. Previous statements have been towards a rate rise side due to inflation worries rather than a rate cut. $ positive Market is wanting to know ...

Cable Update (GBPUSD)

I follow the 4 hour normally on all the pairs. I go on to 1 hour to try and pick better entries/exits. This time I just tried to be too clever and it backfired! What MA's do you use? Do you apply the same MA's to all currency pairs/timeframes?

Daily GBP/JPY analysis

You were right, must resist urge to trade of smaller timeframes! Im now dead, all trades stopped out already

Daily GBP/JPY analysis

Didnt quite go to plan that risky trade Bizarrely 1 trade was stopped out but 1 still open, 0.4 pip difference in stops looks like the cause! . edit - Ive just checked metatrader and their price is 6/7pips different than oandas price feed.

Daily GBP/JPY analysis

I agree in the bigger time frames such as 4 hour it points down. However on my 1 hour chart I have I had some indicators saying buy so I did. (Mainly to try and grab a nice retrace) The China thing hasnt had the big impact I thought it might, also ...

Daily GBP/JPY analysis

Ive also gone long at 240.23 with stop at 239.93 targeting around 241 area We both cant be wrong can we?

Daily GBP/JPY analysis

Your right that was to be expected, its wether it starts regaining from -55 is what im looking at. I prefer the S&P as it has alot more companies making up this index and I believe gives a broader picture. Current prices are DJIA -46 S&P -4.5 Both ...

Cable Update (GBPUSD)

Im long at 1.9740 long EUR/USD at1.3420 short USD/CHF 1.2273 These are based on my techy charts only. Alot will depend on DOW Jones, S&P etc that open in 10 mins. If there is a sustained sell on these markets then cable should drop if not then cable ...

Cable Update (GBPUSD)

97k below expected 115k but up from last month This should be slightly bullish in theory for cable but how often does cable do the opposite

Cable Update (GBPUSD)

However decrease to 75,000 will be bullish for cable, news out in 20 mins or so im wating til then to make a decision on direction

Cable Update (GBPUSD)

With regards to the trend have a look at the chart, could this be start of a bull trend or my downtrend friend continue?

Cable Update (GBPUSD)

Interestingly S&P and Dow Jones futures are -8 and -70! When we see selling in these markets it does effect carry trades by making them go South. In a general view when these markets perform well the dollar seems to do the opposite.

Cable Update (GBPUSD)

Cool everyone on the forum has been a winner again on GBP/USD.

Cable Update (GBPUSD)

I always forget we have so many masters of trading here. I for one will keep posting my charts and views for discussion for what I believe is happening in the markets for my continuing learning even if it is to the amusement of the many George Soro' ...

Cable Update (GBPUSD)

Muted response considering worse housing numbers than was expected. I would have thought it would have been more bullish (could still be bullish I maybe jumping the gun here 45 mins after event) Theories why? The market new before hand that housing ...

Cable Update (GBPUSD)

Welcome! Im bearish as well as I have for a while. Pop up a chart to show why. Im also working off 4 hour in GBP/USD

Cable Update (GBPUSD)

Everyone short now? Everyone was ultra bullish the other day except me lol Here is my lastest chart (4 hour) and a chart showing my bearish trend, is it still my friend? market waiting on existing home sales data. (more important than new homes ...

Cable Update (GBPUSD)

So you are saying short from 1.9878 and long from 1.9812?

Cable Update (GBPUSD)

crikey pabloski it mentions this in the article 'a change in the official Bank Rate takes around two years to have its full impact on inflation'

Cable Update (GBPUSD)