There will be a lot of volatility during and after Bernanke's speech. Market could go in either direction. IMHO, it's a wait and see game.

Cable Update (GBPUSD)

Jens Nordvig, currency strategist at Goldman Sachs, says its revised forecast for the euro to be at $1.43 in three to six months time has drawn many queries, including: "How can you be bullish EUR/USD at (current level of) $1.36 when fair value is ...

EURUSD

I will be going long at 1.37 (at the FOMC minutes) targetting 1.38. Will add more long positions at the 1.38ish level to target 1.40. Make sure you have a stop loss for your short positions. good luck

EURUSD

shorting EUR/USD is a no no IMHO. predictions are 1.43 - 1.45 for the eur/usd in the coming 3 - 6 months. What do u guys think?

EURUSD

What's your stop loss?

Cable Update (GBPUSD)

I think that you are taking on a huge risk if your trades are news-based. You should start looking at technical indicators, charts, sentiment, etc...

Cable Update (GBPUSD)

What do you expect at 10... cable north or south?

Cable Update (GBPUSD)

I am calling it day... c u all on Monday

Cable Update (GBPUSD)

GBP/USD looks bearish.... I think it might touch 1.9700 today

Cable Update (GBPUSD)

No reaction to the FOMC...

Cable Update (GBPUSD)

well, that's what i meant.. the multi-billion $ investors

Cable Update (GBPUSD)

what are your entry points?

Cable Update (GBPUSD)

We have always learned to "go with the trend - not against it".. THAT trend is what I meant.

Cable Update (GBPUSD)

What is the long term trend for the GBP?? is it still long?? when do we know that it has shifted to short?

Cable Update (GBPUSD)

You got it right.. the price is determined by the BIG GUYS - the multi-million dollar investors. THEY are the ONLY ones who know where the market is going.... wish we can talk to some of them to get some insight!

Cable Update (GBPUSD)

I am short too.. targetting 1.9800 then 1.9770.

Cable Update (GBPUSD)

Where is the cable going to day?

Cable Update (GBPUSD)

I think so too. As a matter of fact, I am short from 1.9860 targetting 1.9800. I wonder what the forex experts say.

Cable Update (GBPUSD)

So guys, what's up with the cable? going up or down?

Cable Update (GBPUSD)

I am calling it a day.... have a great weekend everybody...

Cable Update (GBPUSD)