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michaelpelly commented Aug 6, 2013Most likely tomorrow or next week.
UK Index of Production, June 2013
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michaelpelly commented Aug 6, 2013Impact will be postponed after PMI news today, or during the BOE governor speech tomorrow.
Halifax House Price Index - July 2013
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michaelpelly commented Aug 6, 2013It will go over 1.5450 this or next week.
GBP/USD – Moves to Threaten Resistance at 1.54 Again
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michaelpelly commented Aug 5, 2013Crazy, crazy! He was shot in the back you know that, right?! :-) So - watch-out for heavy short bank barrels! :-)
Euro in the sell zone
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michaelpelly commented Aug 5, 2013There is red news today for the pound, its a bit risky - could drive higher. I would wait to get some profit or at least smaller loss on the short and look for dips to buy this week today or tomorrow. Can't really tell if you should keep the short. ...
The Employment Situation - July 2013
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michaelpelly commented Aug 4, 2013Spreadbetter got it's Sidewinders armed :-).
Forex Weekly Outlook August 5-9
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michaelpelly commented Aug 4, 2013Hah, always amazes me how people find themselves at a "higher place" when they get money from trading. Well, in my opinion - trading and making money from it is easy, way more easy than to create profitable business or the "new Facebook". But yet ...
The Employment Situation - July 2013
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michaelpelly commented Aug 4, 2013ForexKong, EU can be traded just like any other pair. I like to trade it on monthly charts buy low, sell high - day swap cost is very good on this pair.
Forex Weekly Outlook August 5-9
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michaelpelly commented Aug 4, 2013Pretty good chance for the cable to hit 1.5450.
Forex Weekly Outlook August 5-9
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michaelpelly commented Aug 2, 2013I know the VFR, pretty nice technological marvel - automatic dual-clutch, traction control, ABS - the whole nine yards. And the price is reasonable - I just can't ride this with my 193cm/110kg - too much weight to bend over the tank :-)
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013Wow - biker?! :-). I got XL650V Transalp - a time machine, never breaks, never complains! :-).
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013You seems to know a bit 'bout it! ;-), S320CDI is the best choice a man can make. The only problem is I love V8 hammering and hate econo-rides :-) - that is why Honda's are made for - the everyday challenges ;-).
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013"Why, Mr. Anderson, why..." :-) Two things I know from experience - do not short the cable under 1.54xx and MB S500 (2003) is not a sporty drive :-).
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013Beware, a lot of retailers lost good money last 2 weeks at E/U using the same reason (trying to short it from 1.31xx and 1.32xx), a lot of S/L burned - just watch the lots ratio on the opened trades. 1.43xx is pretty hard target - it could come real ...
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013Well, I think cable clearly shows that both attempts to punch the 1.48xx had failed. It is still pretty suppressed and have potent to go up. I wouldn't short it at these levels anyway. My position is long at 1.5115, S/L is 1.4780, T/P at 1.5550. If ...
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013For fundamental - you usually should build over the trend with small orders in the same directions - if you are at long stance - you should buy every conceivable dip.
Strongest UK construction output growth since June 2010
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michaelpelly commented Aug 2, 2013Already have it bought at 1.5115 ;-)
Strongest UK construction output growth since June 2010