Dislikedwe all waiting for that one...imagine how many pagers and blackberries will go off..
people will stop what they are doing ..Ignored
If it rings, then I will think of "cha-ching" as money gets dropped into my account.
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Dislikedwe all waiting for that one...imagine how many pagers and blackberries will go off..
people will stop what they are doing ..Ignored
Dislikedwe all waiting for that one...imagine how many pagers and blackberries will go off..
Ignored
Disliked10:33 The USD index traded as low as 80.44, just a few points from its Dec. 2004 low of 80.40. This is the most likely source of a potential USD rebound in coming weeks.
To remember, 81.50 was 2005 low and provided strong support this year and now it's gone. If market is searching for another figure, this one could well be it...Ignored
DislikedIf the index do fall to or below 80.00. I think we will see a sell off like no other.
If memory serves me right USD index never went below 80. Losing over 20% of the USD value. Meaning unknown territory in which traders may not know how to react.
Hopefully 80.40 is the knew found support for USD rebound but if not, better get ready for a serious jump off.Ignored
DislikedCome here to check before going to sleep.. wow we got a very friendly environment here.. not like late asia / london sessions.. very hostile..Ignored
DislikedEuro closing the day below 3797, the daily candle is a pin-bar.
Too many indicators in favour of the dollar now:
- Euro daily to form pin-bar
- Cable triple top at 0364
- Swiss daily to form pin-bar
- UJ holding above 122 - the 23% fib of the last bull run from 115s
It's likely an easy trade here for monday: short Cable stop 0365/70. Stop and reverse 0370 with SL 0360.
One of them are going to pay big buck offering A-M-A-Z-I-N-G Risk reward. I'm starting next week short.Ignored
DislikedEuro closing the day below 3797, the daily candle is a pin-bar.
Too many indicators in favour of the dollar now:
- Euro daily to form pin-bar
- Cable triple top at 0364
- Swiss daily to form pin-bar
- UJ holding above 122 - the 23% fib of the last bull run from 115s
It's likely an easy trade here for monday: short Cable stop 0365/70. Stop and reverse 0370 with SL 0360.
One of them are going to pay big buck offering A-M-A-Z-I-N-G Risk reward. I'm starting next week short.Ignored
DislikedPicking tops...and bottoms is very nice if you did it.
If not it will be very very painful.
Trend is still USD weakness. I say, the dollar sell off could continue longer.
But who knows. Just following the trend.
Just came back from DOTA. Yeah .....won 2 matches.
Cheers.Ignored
DislikedI'm not saying cable WILL go down. I'm saying some dollar recovery for next is favoured at this point, since 80.40s was traded.
Right now, I prefer going for the best risk:reward offered: short with stop right above the top. Target for weeks to come would be 1.9995 (50% fib 9615 - 0364). Euro not too much below 3600. This is actually "target USD-index 81.50, last support, now likely resistance).
I'm just sick of staying glued to the screen already. This will be a trade and forget. Stop and Reverse above 0364 and let this baby shows what it's got.Ignored
DislikedHey mate, what's wrong with london session
I'm always trading london/us sessions and I don't really see the difference :surprisedIgnored