Currency Trading (Nov 13th > Nov 17th)

[dc2000]

11/16/2006 13:30 CAN Int'l Securities Transactions n/a C$0.335
11/16/2006 13:30 US Consumer Price Index (YoY) n/a 2.1%
11/16/2006 13:30 US CPI Ex Food and Energy (YoY) n/a 2.9%
11/16/2006 13:30 US Initial Jobless Claims n/a n/a
11/16/2006 13:30 US Consumer Price Index NSA n/a 202.9
11/16/2006 13:30 US Continuing Claims n/a n/a
11/16/2006 14:00 US Net Foreign Security Purchases n/a $116.8B
11/16/2006 14:15 US Industrial Production 0.2% -0.6%
11/16/2006 14:15 US Capacity Utilization 82.0% 81.9%
11/16/2006 17:00 US Philadelphia Fed. 6.8 -0.7
11/16/2006 18:00 US NAHB Housing Market Index 30 31

 

[mark twain uk]

dc,

thanks, they are quite a few, which one people think can move the cable? Surely, not all of them.

Edited: Silly me, it has to be the CPI, I should pay more attention really

 

[dc2000]

The CPI and jobless would be the ones but for me news is just the excuse I get on only where I am comfortable with the price if the price stays where it is there will have to be some wild movements

 

[mark twain uk]

The CPI and jobless would be the ones but for me news is just the excuse I get on only where I am comfortable with the price if the price stays where it is there will have to be some wild movements

I was thinking the same, so I closed half the position for +15 pips and removed the stop loss, I don't want be taken out by a spike

 

[xx_joray_xx]

mark what is your position on cable ? short?

 

[mark twain uk]

No, I was long, just closed at 930 for another 59 pips, only half the position though, still a win is a win is a win

 

[JER08]

Morning all, added another short at 8860.

All trades closed at 8921, last one -61 pips.

 

[xx_joray_xx]

No, I was long, just closed at 930 for another 59 pips, only half the position though, still a win is a win is a win

hey so is the news bullish?

 

[dc2000]

it came close to hitting upper target there without hitting entry so will wait for the short

spike took my FTSE out

 

[xx_joray_xx]

it came close to hitting upper target there without hitting entry so will wait for the short

spike took my FTSE out

hey ledgen if they spend less on tics than its bullish for the usd right?

 

[Baruch]

eh-up Rav, i'm flat now, out for another (smaller) loss on the 94 long. I won't be re-arming the breakout orders today. Where's your stop mate?

Yes, Big Ben doesn't work if the news goes against you.

 

[ChowClown]

Yes, Big Ben doesn't work if the news goes against you.

Thankfully i've only had to bear 9 losing days since July 1st (date i began live trading), and not all of them for full risk loss.

How have you and others found December trading on cable in the past? Have you found it worthwhile trading between Christmas and New Year for instance?

 

[coolTrader]

Is this market mad or what? What's with all the jerking around today! very volatile

 

[coolTrader]

awaiting housing news in 4mins.. Hopefully this will be the final leg for the day.

 

[smbtnt]

Thankfully i've only had to bear 9 losing days since July 1st (date i began live trading), and not all of them for full risk loss.

How have you and others found December trading on cable in the past? Have you found it worthwhile trading between Christmas and New Year for instance?

Very clean moves during the festive period last year on cable, I will definitely be dialling in from Tignes this year.

 

[Baruch]

A bad Big Ben signal this morning?

 

[ChowClown]

A bad Big Ben signal this morning?

...my entries for today haven't been filled yet. Buy 8878, sell 8825.

Good luck.

 

[Baruch]

Yes, and that's why I move my stop to b/e very quickly.

 

[Baruch]

I am out with a loss of 5 pips....too slow and as news is ahead...am not too confident of my position

rav700,

Are you still trading with Tom and Felix?

 

[ChowClown]

Very clean moves during the festive period last year on cable, I will definitely be dialling in from Tignes this year.

That's encouraging, smbtnt. Thanks.