if market dont want to buy pound then it would prefer to sell it.
ok i open few shorts 5150 TP at 4900.
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Dislikedif it will improve my trading skills, where do sign up for the next slot in the OR doc?Ignored
Dislikedroll roll roll the price gently down the range, merely merely merely merely all i see is east!!
never mind me guys. just bored.Ignored
Dislikedyes but since monday we gain only 100 up from 5100 it shows very weak uptrend. that means that market dont wana buy pound now for some magic reason that we dont know.
if market dont want to buy pound then it would prefer to sell it.
ok i open few shorts 5150 TP at 4900.Ignored
Dislikedi saw the GU chart on daily. but i confused a while when i looked up.
does GU will continually up this week
i need many advises, because i really hesitate of my analyzeIgnored
Dislikedthis thought just came to me while taking a peek on tomorrow's econ calendar.. lol .. that in FOREX "no news is bad news"!!Ignored
Dislikedor below 1.508
TBH this ranging has about finished me off from boredom. I want it to go south (under 1.50) so I can get in long but im at the point now where I just want it to do something at least.
The fact we have not popped much above 1.52 leads me to think we wont. With options expiring tomorrow I would think it was now or never. Expect (hoping) for something to happen soon.Ignored
DislikedIt has stayed rather close to 1.5185 today which is slightly different from what has happened the past few days. With no major news tomorrow that can trigger a spike, it will be interesting to see if it breaks this point of finally moves away. Going all the way back to 1996 shows what a tough cookie to crack this price area is.Ignored
DislikedI just see the likelihood of some major sellers lurking from 1.52 to 1.53 which will more than match anything the bulls have to offer. The UK has the lowest outlook of any major economy and I can only see the pound going lower. We might need a spike up to a maximum of 1.53 but the higher it gets the faster it will then fall.Ignored
DislikedNow that you mention it, according to this a few of the slightly bigger players (a bigger list would be nice) have sell orders just above 1.52 and long positions to close around there.
http://www.fxstreet.com/technical/trading-positions/Ignored
DislikedLooking for Pound to head lower before higher, break 5088 if we can get passed that I'll be looking for a bounce at 5056Ignored