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Still short from 12:00. Looking for Non Farm to be similar as last month and I will double maybe even treble my short.

Nice way to start the month.. MPC and Non Farm..

Its all go go go in May

really thought we would see 18000 in the last 24 hours
Quess not..

We are now just above a break that if we go under 17880
there is a possibility of a drop back to 17750
this is not going to happen before today figures imo
and another test of the upside/resistance likely b4 then

have a small long in place at 17900 with a tight stop

There is a lot of downward momentum at the moment. I dont think it will stop today. You have seen the high.

Short on any jumps up imo get yourself a nice postion. Bring on the Non-Farm

Tellon...sounds like its pistols at 1:30 :-)

Seriously good luck today

Figures like Non Farm do provide good opportunities
its up to us what we make of them

Staying long atm...but will short the next break under 17895

euro off its lows

Fwiw, I still see this as a sell atm but I see the 17965 level as being critical as an upwards break would probably trigger a lot of the short stops. I wouldn't be surprised to see a fresh round of resistance selling if it starts to approach that level.

edit: Header updated with interest rate change.

ok ok now short !

Hallelujah Brother.

:o)

Looking over the cliff...
but will she jump....

its 100 pips down

how low will cable go

Now what if that US employment isn't that good and the US decided that they really needed a few months of reasonable employment figures before raising rates.
Short got a few but not quite happy to reenter short at this stage as mowing lawns, cutting more hedges and fixing childrens bikes.

If you connect the low of 29th April with the low of 3rd May and extrapolate the line, guess where Cable found support an hour or so ago!!!

If you then connect the high of Wednesday with the high of Thursday, we seem to be in a pennant, with resistance at around the 17965 that I mentioned earlier.

careful small short as it may not like it above 17950+

Its a war Bulls V Bears and at 13:30 one side is bringing out the Big Gun to crush the other..

WooHoo!!

Pleased with my short entry at 17959
...well assuming that resistance at the 50 area holds
I cant see it getting over that til post figures
(assuming that is the direction we are to go)

I have found if difficult trading FX this week
Still thats the name of the game...
and here we are back at last nights close more or less

hodgins...hope you are right

I've also found this week very difficult and my normally reliable oscillators have been all over the show at times. Fingers crossed that we might be on the turn now as that 17965ish looks to be holding.

edit: Maybe I spoke too soon.

Im shacking with adrenalin..

Just made 150 pips on 20 postions in about 5 seconds.

Im done for the day I need to go lie down now..

happier bunnies with the lights out of their eyes.
I am glad you were right foale!

Tellon well done...
20 positions?