USD comsumer confidence turned out lower than expected this should trigger bullish effect.

Cable Update (GBPUSD)

Nice call chazzle

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Hello all, trading is not yet open but the charts are moving before the sydney open. It just strated at 1.6 , pretty volatile if you ask me for this time of day.

Cable Update (GBPUSD)

Well 1.6050 is the S1 (EST) , so it is a possiblity.

Cable Update (GBPUSD)

Goodmorning to ya all. Well it is 10 am here. and 8 am in London. Daily FX says selelrs will test 1.6 what are you thoughts?

Cable Update (GBPUSD)

Same here, the way I see it , it is going to stay around on 1,61 until the end of the day. In the mean time I will do small long scalps to get some pips in.

Cable Update (GBPUSD)

When is the buls coming? Can 1.61 hold?

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You reckon 1,62 will be new supprt?

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Sorry I wrote wrong, curernt it is 3-0-6, if it stays 3-0-6 , than it will go donw right?

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If it comes 6-0-3, it will com down right?

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I dont think technical analysis playing much of a role at the moment as G7 inetrvention is making things very uncertain. Best option is to syat out but who wants to do that right?

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Dr. D, What EMA setting do you use? BR

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Maybe this is a reply a bi too late, I am also folowing OANDA and FXCM SSI info. Especiially SSI of FXCM. I cant put a real system behind it at this stage but it does give me confidence when my bias is same as the SSI bias.

Sentiment indicators - i.e. COT, SSI

Just my small conribution — Hi All, Just managed to read almost all posts of this thread. I just want to point out to anyone who initially starts reading this thread, the first post is outdated. (it took me ages to figure this out so I hope ...

THV MTF EA beta testing

I have many negative longs at the moment but at the same time I managed to get 90 pips today. This is a rather risky tactic right?

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Wow, now what ? It is good and bad

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7 minutes left and it stared to go up

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12 minutes left starting to go down ...

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Red, I think on the wrong run, you are right, the unemployment figures are misleading, but the numbers are still very important because everyone is watching it and we will get immediate bias positive or negative.

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News Importance — Hi All, What do you think anout FF's rating on news? For example Halifax news is high importance in FF but low importance in babypips.com and dailyfx.com Which on do you follow?

Cable Update (GBPUSD)