6 - 10 July News

For this week... more focus on GBP news...

Nothing much going on Monday...

Tue(7/7)
GBP GDP at 23:01pm GMT
GBP Consumer Confidence at 23:01pm GMT
A lots of news on Yen at night... but didn't signal as big effect

Wed (8/7)
EUR GDP at 9:00am GMT

Thur (9/7)
GBP BoE Interest Rate at 11:00am GMT
A lots of other news on Euro & GBP... but didn't signal as big effect

G8 meeting on alert... start frm 8 July - 10 July
tonight GJ did it again... went down 600++pips

maybe this is related:
http://www.bloomberg.com/apps/news?pid=20601083&sid=adxnyUow7.0k

Further pressure by GBP moved below 1.60... and speculation about BoE going to expend their QE doesn't help either...

so now ppl run for safety heaven... long Dollar... long Yen....
(As AdamG said last week)

Further update on yesterday night GJ free fall...
interesting reading...
http://www.fx360.com/commentary/roger/1546/gbpjpy-trade-follow-up.aspx?num=1247135997687

I think I'm a high win ratio mentality... "take your profit quickly and let your loses run" mindset...
instead of "cut loses quickly and let profit run"...

GJ seems to recover today frm 148.xx -> 151.14...
Waiting for BoE announcement at 7pm...
see GJ will further bullish or not...

Alcoa better than expected result fuel the bull this afternoon...
http://www.bloomberg.com/apps/news?pid=20601087&sid=atKbt8w7tJ9U

haha... see the crazyness of GJ.. tahts why dun wanna touch first.. EU is my best friend