Be aware of a possible breakout to the topside. At the moment the 382 fib is containing price very nicely. G/U and G/J are waiting for the US stock market to set the tone for the day.

if the stock market is positive,cable will drop and vice versa?

In these market conditions - negative stock market will bring in buyers of $ and Cable will drop. This is not always the case but in the present market conditions it is. It all related to the G/J carry trade.
A falling US stock market will shake out more G/J longs. Cable will follow it down if this happens.

03.14.2007 for Thursday 15 (GMT-5)
(super intraday)
- 04:30 am - 06:00 am (03.15.2007) - buy
- 06:30 am - 11:25 am (03.15.2007) - sell +++
"+++" - pluses - means without trade-risk.
---------------------------------------------------
(intraday)
- Down trend
- sell zone 1.9378-1.9442
- stop 1.9482
- target 1.9281
---------------------------------------------------

Today + 80 pips

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Congrats HFT
How manty lots did you sell? Maybe 3? Are you flat now or still holding?

hft,do u mind post your entry and exit position daily,so that i can understand better your strategy,ok? thanks...

See my 594 post. I don't remember my orders

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5 lots wep561 . But now I'm without orders.

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Nice trade !!

Philly Fed Report being released in a few minutes. This should be a market mover.