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- grand_dra9on replied Nov 27, 2013
Carney will speak in around 5 and 1/2 hours from now, so I presume cable will be very bullish again today. High probability it will fly above January high of 1.6377 after the speech or sometime at US market time.
- grand_dra9on replied Nov 27, 2013
Next resistance is @1.6377 (this year high), and I personally think cable will fly through it if the US data missed expectation, even if it just a little. And even if the data is good, I don't think cable will drop from 1.63 level, it will just ...
- grand_dra9on replied Nov 27, 2013
Not so sure of that... cable has been breaking some TLs by now...
- grand_dra9on replied Nov 27, 2013
Wow, did I miss something? I know cable is strong and I admit I was wrong shorting this thing, but still... What triggered cable to shoot up? I mean there should be some reasons for this up move right?
- grand_dra9on replied Nov 20, 2013
Yes, I believe cable could hit 1.6379 before the week's end, especially with everything going in cable's favor. and also I believe cable wouldn't go to (or below) 1.55xx area before year's end (although technically it could, but that's a ...
- grand_dra9on replied Nov 20, 2013
same situation here, I had 2 shorts from 2 months ago around @1.57 (the swap is killing me) and 1short from last week @1.6130, but still holding on.... hoping for some miracle (I know I'm a fool)... anyway back to present. Considering ...
- grand_dra9on replied Nov 20, 2013
Ah yes, like last week when I opened my short (and most of people here also thinking the same thing) and then the price went up till today... but still, the majority of people (as showed in FF and oanda open position) are short, which is why ...
- grand_dra9on replied Nov 20, 2013
Why will the upcoming events shake cable down? (though I hope it will from the bottom of my... trading account ) GB next news are asset purchase and bank rates, which will stay unchanged - don't see any reason why they could change. and US ...
- grand_dra9on replied Nov 19, 2013
Even though I'm short too (and in blazing red atm), I don't think cable will go down that much from here, especially without any news to drive it today and with Bernanke speech looming tomorrow, which market expect to be dovish... but then again who ...
- grand_dra9on replied Nov 18, 2013
Any idea why cable keep rising up with no news? I suppose we can see 1.62 before Wednesday at this rate... This is not good for my short
- grand_dra9on replied Nov 15, 2013
Same here... GU is breaking my descending TL and it's not good... There's high possibility GU can run to 1.62 or higher imo...
- grand_dra9on replied Nov 14, 2013
That's what I'm afraid of... It always going the opposite direction when everyone is so sure of one way... Now I'm not too sure anymore about my short....
- grand_dra9on replied Nov 14, 2013
Tch, I should short with 2lot just now... lol Come on 1.5800!!!
- grand_dra9on replied Nov 14, 2013
Entered short @1.6032 Tp 1.5800
- grand_dra9on replied Nov 14, 2013
It seems so... 1 and half hour before retail sales announcement, let's see how it will turn out... Hopefully it's bad and bring cable down, but then again who knows
- grand_dra9on replied Nov 13, 2013
Fractals created at H4 with high at 1.6065 (still within margin of error 1.652 of my TL), supposedly now cable will go down from there. too bad I cancel my pending short since I was going to sleep ,will look an entry point before retail sales ...
- grand_dra9on replied Nov 13, 2013
Everyone has a target around 58xx (including myself) and I just think to myself, is it possible that this is one of those MM's trap? *I have short order waiting at 1.6050
- grand_dra9on replied Nov 13, 2013
I have 1.6052 for the top of this up move based on my TL. Hopefully cable will come down to 1.5830 (my target) from there... image
- grand_dra9on replied May 30, 2013
What if China PMI comes out bad tomorrow (considering their history of missing the expectation) ? will Aussie still able to go up? I'm deep underwater in aussie now, but I'm still looking for an entry for long though.
- grand_dra9on replied May 6, 2013
My H1 and H4 indos tells 1.5604 is the high for the time being (2-3days). and I personally think GU will not go up before fall at least +-100pips from that high... just my noob trader opinion though... anyway for now I'm shorting UJ @99.06