Good lead. It might happen as I suspect - cable to spike up to 1.6xxx zone and then September or October - tapering rhetoric will bring it down - but I'm still not sure it could break major swing range as 1.48xx lows...

GBP/USD – Reaction to the BoE Inflation Report: GDP Forecast, Carney, Forward Guidance

Well, jay - shouldn't you try to hop on better spike near the 1.56xx resistance with wider S/L to cover the spikes? 1.5510 is hardly a good selling place, but dun'no - I would wait for dips to buy in week or two.

Bank of England provides monetary policy guidance

Well, nAVIN2007 - what to say. Move on.

Time To Sell Cable Targeting 1.4783 - BofA Merrill

Might go to 1.58xx before September...

Bank of England provides monetary policy guidance

Banks always give the best trading advices...;-), right?

Time To Sell Cable Targeting 1.4783 - BofA Merrill

Worst for somebody, best for others - do not forget - this market has 2 sides - the good ones, and the screwed ones :-).

Bank of England Inflation Report Press Conference

Tell me you did not shorted it again?!

Bank of England provides monetary policy guidance

The problem, irongoose is that strong dollar is not good for US recovery, neither the yields on the bonds :-). I remember the hysterical rhetoric about the "fiscal cliff" back in January - the doom-predictions that dollar will go in the toilet, ...

Fed's Evans: Taper 'quite likely' this year

Again my theory that big banks are loaded with USD longs is prooving correct :-).

Why EUR/USD Rose So Much & When To Sell? - SocGen

I'm not an expert but if this tapering occurs in September it is unlikely to change or seriously break some swing ranges on the major pairs.

Fed's Evans: Taper 'quite likely' this year

Heh, can't really see the point in that article. If one get arbitrary data for each G20 country, isolate it out of context and start wave it as a prove - then the whole world is in trouble :-). Europe has been doomsayed many times in history, but ...

If You Think Europe Is Fine, Look at Italy

Sadly, Ill-b-back - if what you say was entirely true the bank collapses would never occur. I think greed and lies, mixed with overconfidence and a little over-estimation of market analysis skills is what really happen in those banks. Couple yrs ago ...

Time To Sell Cable Targeting 1.4783 - BofA Merrill

If I would EVER do this short - I would try it with small position right at the 1.5390 (order) with 100 pips S/L and load more shorts (sell spikes) if raising trend-line on day charts is broken. But I have some trading rules - "do not short cable ...

Time To Sell Cable Targeting 1.4783 - BofA Merrill

Sorry, newk - I basically do not do intra-day trading, but if I would - I might try to "hop-on" quick short at 1.5368-70 (30 pip S/L) right to 1.5290 (if it reaches it before tomorrow BOE gov speaking, otherwise close it). But it is your money, your ...

Fed's Lockhart: With 180K-200K job gains could curb bond buys

I wouldn't comment on the 1.5440 S/L (shy off 3 pips above the last price high, at least put 40-50 pips to cover occasional S/L hunting spikes or false break-outs) and then the 1.4783 (exactly!!!) target (like it will touch 1.4783 and then will ...

Time To Sell Cable Targeting 1.4783 - BofA Merrill

But hey, it is "breaking!!!" news after all! :-)

Fed's Lockhart: With 180K-200K job gains could curb bond buys

You can check my posts from last week - where a lot of people where shorting the cable hard - you can give them some whipes to dry the tears. I'm in no doubt that when you have that target it will come up to it :-), but I can say that at this point ...

Time To Sell Cable Targeting 1.4783 - BofA Merrill

Seems that these days the so called "analysis experts" that work in those banks are just pulling up some chart that they have sentiments to it, draw a nice diagonal line that connects somehow several suspiciously random dots and call it a market ...

Time To Sell Cable Targeting 1.4783 - BofA Merrill

Well, we will see this and next week how this prediction will turn out.

Time To Sell Cable Targeting 1.4783 - BofA Merrill