Verily, in every difficulties there is relief
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Why is GBPUSD called cable? 71 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedWell, it is a funny old battle between the fundies and the techies. All the news is pretty stellar from the UK, especially if you compare it to the US and the EU. The daily had its 50 retrace, now if we can get a technical support to help out the fundies 61 would be most likely as long as that 60 option barrier has expired. However technically she wants to dig a bit deeper. This whole inflation report has been so hyped up, but the rest of the news is not supporting it so far.Ignored
DislikedAnything's possible.
'The Federal Reserve’s decision to buy Treasuries and keep interest rates low will support “risk assets” without bringing down unemployment, said Anthony Crescenzi at Pacific Investment Management Co.
“Low volatility tends to be good for the interest-rate climate,” said Crescenzi, who is based in Newport Beach, California at Pimco, manager of the world’s biggest bond fund. “It does push investors out the risk spectrum generally. That tends to be good for risk assets.”
http://www.bloomberg.com/news/2010-0...mployment.html...Ignored
Dislikedwell i'm funnymentally stupid. technically cable is still below the w1 pvp. even the spike yesterday stopped & closed below the w1 pvp. So, my take is only a bullish close on the htf, D1 preferably could signal a possible climb that high.
Till that happens, I'll be happy to just press one button - sellIgnored
Dislikedas long as H4 closed below 821 were in selling mode
else buy buy (read : bye bye) cableIgnored
Disliked880 on mine.
but what's 59 pips between friends. some people would give away 400-500 pips retracesIgnored
DislikedWell, it is a funny old battle between the fundies and the techies. All the news is pretty stellar from the UK, especially if you compare it to the US and the EU. The daily had its 50 retrace, now if we can get a technical support to help out the fundies 61 would be most likely as long as that 60 option barrier has expired. However technically she wants to dig a bit deeper. This whole inflation report has been so hyped up, but the rest of the news is not supporting it so far.Ignored
Disliked880 on mine.
but what's 59 pips between friends. some people would give away 400-500 pips retracesIgnored
Disliked880 on mine.
but what's 59 pips between friends. some people would give away 400-500 pips retracesIgnored
DislikedUpwards I'm only aiming for 15950 left shoulders are notoriously hard to breach. Downwards I'm looking at 15600. Hopefully no whiplashing.Ignored
DislikedI know some people who have been holding on to USD/JPY positions from 110 for over a couple of years; it can only go down so far, right...Ignored
Dislikedmy yesterday resistance 800-825 was betrayed by FOMC
so that i assume 880 as a fakeyIgnored