Best Thread Live Cable Trading

[JonnyT]

Jesus, I thought everyone knew that you absolutely must follow the NFP direction. 90% of the time you will bag 100 pips plus.

JonnyT

 

[jezza888]

Jesus, I thought everyone knew that you absolutely must follow the NFP direction. 90% of the time you will bag 100 pips plus.

JonnyT

Me too, one of those no brainers!

 

[Baruch]

Baruch !!! You have the attention span of a goldfish!! :cheesy: :cheesy: :cheesy:

Newtron Bomb, ( Phil ), who trades asian-session breakouts. ( www.trading-strategies.info )
He posted here fairly recently.
I mentioned him on my post this morning.

I am a goldfish... :cheesy:

 

[Baruch]

Here is the Alba daytrading system:

http://www.forexfactory.com/forexforum/showthread.php?t=3439

Any comments?

 

[Baruch]

A website with free forex signals and eco news etc.:

http://www.fxtoday.co.uk/

 

[mickandpete]

After closing at 6900 Euro/Gbp has crossed several very long term trend lines
By my calcs these lines were going to converge about mid/ late April
This conversion heralded a BIG move
I cannot stress enough how vital it is to watch Euro/Gbp at the mom
I will not make any recommendations but I am intending to have MAX+ positions next week if events unfold as I envisage

 

[dooby12]

do you think cable will continue its downward trend next week?

 

[Baruch]

do you think cable will continue its downward trend next week?

I don't know, but in December cable went down to 1.1700. It can happen again. :cheesy:

 

[Baruch]

No Big Baruch trade today, because we get UK data news later this morning.

 

[Uphios]

A nervous 35 pips taken. Sterling still looks weak but I will long it again if it drops back to 7230-50 area.

 

[Uphios]

Baruch. What UK news and where are you finding the schedule. I have never been able to find a site for UK news like Briefing.com for the US news.

 

[Ripcord]

There is no news out today that is big enough to be considered market moving.

 

[Baruch]

Baruch. What UK news and where are you finding the schedule. I have never been able to find a site for UK news like Briefing.com for the US news.

9.30 gmt we get PPI. You can find it here: http://www.forexfactory.com/

 

[Ripcord]

9.30 gmt we get PPI. You can find it here: http://www.forexfactory.com/

Yes but it is not considered a significant number in terms of market movement, by anyone!

 

[gamma]

Actually there is som pretty big news
here is a link for econmic news


http://www.babypips.com/forex-analysis/forex-calendar.html

 

[Baruch]

There is no news out today that is big enough to be considered market moving.

I don't agree. PPI has moved cable before, and it can do it again. But it needs to be a suprise comparing to consensus. Lets us see what happens...

 

[Uphios]

Thanks

 

[gamma]

Changes in the core PPI are considered a precursor of consumer price inflation. Inflationary pressure is generated when the core PPI posts larger-than-expected gains

 

[Baruch]

Yes but it is not considered a significant number in terms of market movement, by anyone!

All fundamental news are important. It's the fundamentals which rule the markets... :cheesy:

 

[Uphios]

Generally speaking I agree with you Baruch. However there are so many chart players in this game that on a day to day basis I think it is dangerous to ignore them.