yea gwb just resigned.

Cable Update (GBPUSD)

I think some big orders are being cut right now. This sucker should fly once thats all sorted out.

Cable Update (GBPUSD)

oh yea of course price should drop! Because people out of work actually helps the currency

Cable Update (GBPUSD)

US can't fudge that number..

Cable Update (GBPUSD)

if they cut rates or surprise and release a statement for a change it sure as hell could.. But both are unlikely.

Cable Update (GBPUSD)

Absolutely Jim. Might take a few days, but bias is clearly changing with the market makers.

Cable Update (GBPUSD)

A dollar selloff till monday/ tuesday. Then buying dollars. Depending on how the market takes the rate announcement we could see 690 - 730's. OF course if they surprise and cut rates, this wont happen but thats really the only thing I can see that ...

Cable Update (GBPUSD)

Morning all.

Cable Update (GBPUSD)

ya right now my bias is to TP around 9950 early next week, but that could change as the trade developes.. I'd say between 850 and 950 now.

Cable Update (GBPUSD)

yes. Well positioned for this move.

Cable Update (GBPUSD)

Whats up C!

Cable Update (GBPUSD)

Yep. however im surprised no profit taking has taken place yet.. I expect it to happen soon. Wed afternoon is perfect too. not saying its happening now though lol.. this is whack.

Cable Update (GBPUSD)

yea 350 is key, from there my bias changes and ill look to unload.. if they cut rates it could do that soooo fast.. 450-70 looks attractive, but im not adding anymore as that would take me out of my mm strat.

Cable Update (GBPUSD)

or waiting for a level to be reached, then trading.. either or

Cable Update (GBPUSD)

My risk is set to 9189, which is well within my 7%mm. So all in all very stress free. I'm not expecting to lose on this one, but if so, i wont be wounded. Risk for this is around 18k.

Cable Update (GBPUSD)

Im glad I held out with the bulk of my lots for this position. The other 2 are just single lots each. Good money to be made on this.

Cable Update (GBPUSD)

final buy order triggered at 9494. sweet. This is my main position with the remainder of my lots. This is worked out great.. according to my chart posted on Sunday Jul 26, 2008 11:09am url

Cable Update (GBPUSD)

"You killed Cable!" Morning all.

Cable Update (GBPUSD)

yes.. I'm looking for shorts post 800's. You should make your own choices though of course. Don't take what anyone tells you as "in stone" advise. this is forex.

Cable Update (GBPUSD)