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+ 234 pips on last position.

A 25bps cut will be bad for equities. But depends on the comments. But i dont know if they can cut big because of the ramifications with china. But I dont trust the FOMC either way, so nothing surprises me.

Apparently 113/123 economists think it will be 25bps today only. I would still think they will go over this. Be a crash if they didnt cut though.

I agree Buy the rumour sell the fact. I fully expect 50bps cut, despite all the "tough on inflation talk" then the rally willl peter out.

I'd be interested if anyone uses the 3 strategies in this article, and/or profits from them?

Out @ +200pips from earlier today. I expect more downside though with pivotal fed meeting tomorrow short 228.64 st 230 tp 226.3

Can you explain to me why Gold isnt holding higher levels with the prospects of world central bank rate cuts, such as the lofty position of the euro? At the moment it just fluctuates vs dollar strength/weakness.

-110pips on previous trade. I expect a bounce here. Although NFP ensures fun & games. long at 225.6 st 224.8 tp 227.6

Will be fun and games when Ben runs out of bullets. No choice then to face reality.

If there are 200k jobs why cut rates at all? I think the market will be disappointed with 25bps. Ben wont disappoint.

Market isnt rallying on 25bps cut. You just know that 50 is coming. So buy rumour sell the fact. Why are central bankers so dumb, and bailing out the irresponsible?

I agree. I have been following the gold action too. With two central banks cutting this week, and the FED expected to cut next week, I would expect Gold to go higher. I would sooner hold gold than any paper. I just cant understand why gol isnt following this theory. Maybe it will. Timing is...

Short 224.90 st 226 tp 221.90. Cant believe anyone wants to hold a pound now.

Damn gold fell $10 today, on ADP figures and general dollar strength. Downside looks inevitable here.

Sorry counted wrong. +94pips

+100 pips. shorting GBP/USD would of been better as I feared this pair would move in sympathy. But 100pips is 100pips.

I think Gold will gain this week as it tested support, and bounced. Furthermore, it could gain by default if a few more central banks cut rates a la BOC today.

Short 225.94 tp 225 st 227. Having a tight tp & stop. Methinks £ will go down as the BOE will be pressurised to cut by the BOC decision today. Fingers crossed.

Tough one. Will be rangebound this week. I would favour upwards due to central banks trying to aid liquidity by cutting rates.

Out 226.29 +251 pips Stay tuned for the next trade.