Best Thread Live Cable Trading

nice call earlier Zuke

latest one risky IMO although should get a breakeven exit
 
Gone long at 82 but not sure how high this can go with everyone selling it off ! 20-30 pips maybe ?
 
Just gleaned this off Reuters:

The dollar was firmer against most major currencies on Wednesday, boosted by a private sector U.S. employment report that showed solid jobs growth in June.

That suggested Friday's monthly U.S. payrolls report could reflect similar strength and thus bolster the case for yet more interest rate hikes from the Federal Reserve.
 
Here's some more (heck, why wasn't I aware of that report :|?):

U.S. private sector employers created an estimated 368,000 jobs in June, compared with 122,000 jobs in the previous month, a report by a private employment service said on Wednesday.

The monthly ADP National Employment Report is based on payroll data and measures the change in in total nonfarm employment each month.

The report is released each month, two days before the government's own job survey of a net gain in nonfarm jobs in the U.S. private and public sectors.

"These findings indicate a strong acceleration of employment in June," said Joel Prakken, chairman of Macroeconomic Advisers, LLC, said in a statement. Macroeconomic Advisers developed the ADP report together with ADP Employer Services.

But one analyst said the report is not a reliable indicator of U.S. non-farm payrolls data. "The history of this number being a good leading indicator is shaky at best,"
 
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