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lexazver replied Feb 8, 2007i guess this kind of move happened because even though a lot of traders thought that BOE wouldnt raise the rates they were waiting for confirmation so when they received it well you know what happened.
Cable Update (GBPUSD)
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lexazver replied Feb 8, 2007we are at the daily trendline here if it closes below it preferrable near 1.955 then then this going to be a start of down movement
Cable Update (GBPUSD)
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lexazver replied Feb 8, 2007I just checked EURUSD ang GBPUSD and for the past 3 weeks there is at most 60% success rate, do you have other filters , like dont trade at particular time or during news announcements?
The Pouria Method
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lexazver replied Feb 7, 2007Definately B
i think they will want to see how last increase sinked in plus they like to change the rates with quarterly inflation report. GBP should head south tomorrow cause its getting a bit of frost bite
Tight range indicates to me that ...Daily Cable Analysis
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lexazver replied Feb 7, 2007Well you'll have to look at real rate of growth and real interest rates, because if you have higher inflation money will dipreciate faster therefore will be worth less, so it goes both way but Real interest rates is what most important.
Daily Cable Analysis
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lexazver replied Feb 7, 2007well i see them as positive, because it would indicate higher growth without inflation for now but then if the growth accelerates it will surely drag inflation up with it, but thats very long term. But anyways what bad about growth with little ...
Daily Cable Analysis
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lexazver replied Feb 7, 2007Positive news for US and negative move as well, so tomorrow after BOE announcement (if we move higher today) of no hike, and there is veeery slight chance of a raise, pound should tumble. If however pound will fall today, i would have to rethink the ...
Daily Cable Analysis
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lexazver replied Feb 6, 2007Cable yesterday bounced off its daily trend line. As you can see it touched it twice in the short period of time but couldnt penetrate it, same happened 2/3 times before after which pound rallied. This kind of patter (double daily stab at the ...
Daily Cable Analysis
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lexazver replied Feb 5, 2007cover half of my short at 94 for +18 , stop on other half at breakeven +1 tp at 60. Done for today.
Daily Cable Analysis
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lexazver replied Feb 5, 2007Cable touched its daily trendline again today and bounced AGAIN, tomorrow we could see it break. And although i dont always like trading by trendLINES but rather by tops and bottoms had little order to go long at 19550 which was triggered gonna exit ...
Daily Cable Analysis
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lexazver replied Feb 2, 2007Not only that spread went to 200, it also went offline for many people for at least 10 minutes after the release, this has happened few times before, but this time beeing prepared i decided not to set any stops and that was some wise decision on my ...
NFP Feb 2
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lexazver replied Feb 2, 2007woaaah that was amazing, never had so much positive sleapeage
one trade sleapage was +19 another +15, -8, +21...... and this is only sleapage
)))Daily Cable Analysis