Yes, impossible. I closed out at 210.08 to give +42pips on recent & +197pips on yesterdays half. Just not confident here. Think we'll just range...
I expect consumer sentiment to be dire too. However, if it surprises, then its just another selling opportunity at a higher price.
Added to short at 210.5 st 212 tp 209.5 Futures have rallied since yesterday, fueling speculation that the carry-trade will come back into...
Dreadful UK retail figs of -0.5 m/m. Will keep the trend short and pressure on the £. Needs to get under 209.4 for continued follow-through.
Thanks Mack. 210 will go. Its just the £ is strengthening vs other crosses at the moment. If I was an Asian fx trader. I would sh*t myself...
Took half at 210.05 +200pips. Holding my other half. Stop on entry. Obviously a lot of stops on the 210 level, which gave a bounce off.
Presume you mean you paid 4800, to win 10,000? Interesting developments today: No interim rate cut. Market is factoring in a 50bps cut,but...
Atticus. How much does the option cost, and what is the payoff?
I posted early that there was a disconnect between equity mkts and the carry trades. But sooner or later the carries will reaffirm the...
Good post. It really is a battleground. I still feel it will go southwards. Seems a triple top so far. Making it a big barrier to go through....
Anyone care to comment on the GBP/JPY disconnect to the equity mkts?
I think Oanda are ok to start out. Give them a try.
Wow dreadful philly fed. GJ lost 100pips. staying out for now. Dont want to sell a low.
He's bound to hint/do it. I think the mkt will go up either way.
Bernanke speaks in 30mins. Rate cut?
So if it breaks 212. Where will you get long?
I got out at 210.60 for - 35pips, didnt want to risk another 170pip pummelling post news time. I couldnt believed the rally from p*ss poor housing...
210.25 short tp 208.5 st 212. Mr bigfrank you still long?
Well it looks the trend will be down for the day, I will be looking to sell rallies.
You'll never be filled though. You'll get a "price has moved" message.
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