FX-2007: Apr 16th > Apr 20th

How will GBPUSD fare this week?


  • Total voters
    13
  • Poll closed .

trendie

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another week, another bag of pips to make.
(this will be the week I shall return to full-timing it, as my project finishes Tuesday latest - hooray!!)

eco-news: datya-source: http://www.dailyfx.com/calendar/briefing/

Week of April 16 - April 20
Date ET Release For Actual Briefing.com Consensus Prior Revised From
Apr 16 08:30 Retail Sales Mar 0.5% 0.4% 0.1%
Apr 16 08:30 Retail Sales ex-auto Mar 0.9% 0.7% -0.1%
Apr 16 08:30 NY Empire State Index Apr 10.0 10.0 1.9
Apr 16 09:00 Net Foreign Purchases Feb $80.0B $97.4B
Apr 16 10:00 Business Inventories Feb 0.2% 0.2% 0.2%

Apr 17 08:30 CPI Mar 0.7% 0.6% 0.4%
Apr 17 08:30 Core CPI Mar 0.2% 0.2% 0.2%
Apr 17 08:30 Housing Starts Mar 1495K 1500K 1525K
Apr 17 08:30 Building Permits Mar 1520K 1515K 1532K
Apr 17 09:15 Industrial Production Mar 0.2% 0.1% 1.0%
Apr 17 09:15 Capacity Utilization Mar 82.0% 81.9% 82.0%

Apr 18 10:30 Crude Inventories 04/13 NA NA 678K

Apr 19 08:30 Initial Claims 04/14 325K NA 342K
Apr 19 10:00 Leading Indicators Mar 0.2% 0.1% -0.5%
Apr 19 12:00 Philadelphia Fed Apr 2.0 3.0 0.2

have a good trading week, chaps.

any overview of what to expect this week?
 
Morning all.

$2 this week ?

TIC data later today is always good for a big move and might help shove us within striking distance.


Good Luck
 
the main players seem to be pushing it to $2
and will short from there
where will target be on the way down ?
 
Morning all. My breakout levels are 1.9863 and 1.9898. Here's hoping for a decent move today...good trading everyone
 
morning all

already took a hit overnight with euryen. -30 to start the week. i am standing aside from cable until after BOE this week. still expecting spikes, ranges, etc. will stay with euryen and chf crosses these few days

good trading

j
 
jacinto said:
morning all

already took a hit overnight with euryen. -30 to start the week. i am standing aside from cable until after BOE this week. still expecting spikes, ranges, etc. will stay with euryen and chf crosses these few days

good trading

j


Hi everyone,

I think we are going to have a very volatile week. Planning on cautious trading this week.

See the pound coming off it's highs before surging to $2. Short term bearish. I think it will test 1.98 and maybe 1.97 before surging ahead.

Gold = $688 means dollar weakness and inflation still weigh on markets.

Good luck to all... :)
 
as long as it starts being volatile soon.

can anyone get better than an 8-pip spread for GBPJPY?
 
29Investments said:
So................. everyone long ;)
Was long now short 938 target 875 stop 938. Easy money today.

Giving up on this board a bit, very slow and keeps dumping profiling cookies on me.
 
SELL 1126 GBPUSD at:19918.5 t:19880 1hr

SELL 1229 GBPUSD at:19912.3 t:19915.3
BUY 1239 GBPUSD at:19914.3 t:19917.3
SELL 1355 GBPUSD at:19920.8 t:19923.8
SELL 1404 GBPUSD at:19914.3 t:19917.3
SELL 1424 GBPUSD at:19915.2 t:19918.2
SELL 1430 GBPUSD at:19911.7 t:19914.7
BUY 1444 GBPUSD at:19911.4 t:19914.4




short term targets outside 20-daily bollingers bands rnt avaible as I mentioned below at "events"
GBPUSD is range bounded inside BB 199890 +10 +20+30 is more or less available
it didnt make any sense to me to add a target at "t:"
t:uvwxyz = t:askprice in time
 

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pssonice said:
SELL 1229 GBPUSD at:19912.3 t:19915.3
BUY 1239 GBPUSD at:19914.3 t:19917.3

Can you explain what you mean by this post? I had thought that t meant target but obviously not.
 
Jacinto are you still looking at EURJPY ? I dont normally trade this pair but it just looks SOOOO overbought and the studies on daily/hourly and 10min all look like they are turning over so have shorted at 161.96.
 
29Investments said:
Jacinto are you still looking at EURJPY ? I dont normally trade this pair but it just looks SOOOO overbought and the studies on daily/hourly and 10min all look like they are turning over so have shorted at 161.96.

yes i am 29I, last night, saw the gap, shorted, took a loss, went to sleep. right now I am flat, eyeing it. agree, looks like it is about time for a short. Eurchf could be in a similar condition.

last night it touched a multiyear high. I am waiting to see if it breaks it or not to take a position. For the moment, any shorts I am seeing as pullbacks of the larger trend and therefore being extra careful with tightening stops ASAP. but you can be right, and this is the top.

on the other hand, have been unable to trade. have a 4 year old on holiday (her school starts next week :mad: ), and lucky me, a little friend came to play, so I have to play Shrek :D edit: and I get to be the blinking donkey :cheesy:

good luck on the short, could give some pips there

j
 
decided to give cable a miss today
long on the dax and s&p since 8am this morning
trader tom had the dax as a short
just goes to show even if you are a big name you can still get it wrong
 
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