GBPUSD better to wait because today important data and can be a big movement, reflection is already over 500 pips, a possible return to 1.51 in the long run
How do you see it?
How do you see it?
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Disliked1 more daily 3rd wave push up. I won't sell until bearish break and retest of 5225 area. But I am trading longer term. {image} {image}Ignored
Disliked1 more daily 3rd wave push up. I won't sell until bearish break and retest of 5225 area. But I am trading longer term. {image} {image}Ignored
Dislikeddo you have stops for those trades mate? can the account sustain a 1000pips of DD?Ignored
Dislikedthis is my view on daily.. i also waiting for the break of 5220 for 100% my normal position size (i'm thinking 5 lot here, but highly depend on how price progress, risking around 2-3%..) {image}Ignored
Dislikedmy long term view , if the euro break the 100 ma on weekly it can go up to 1.40 and the cable will follow, if the euro stay below the 100 ma it will draw a H&S and go down . If we continue with bad datas for the US (with QE3) and not so bad for EU (with no QE) we will go up , unless a new drama come from Europe and everything go down again. {image}Ignored
Dislikedmy long term view , if the euro break the 100 ma on weekly it can go up to 1.40 and the cable will follow, if the euro stay below the 100 ma it will draw a H&S and go down . If we continue with bad datas for the US (with QE3) and not so bad for EU (with no QE) we will go up , unless a new drama come from Europe and everything go down again. {image}Ignored
DislikedNew drama out of Europe? The whole region's a drama dude. As for Cable, let's see where we finish FridayIgnored
DislikedCable will be between 1.5400 and 1.5500 if it break up 1.5380 or between 1.5230 and 1.5140 if it go down. if euro break 1.3170 and stay above than everything will continue up {image}Ignored
DislikedI agree mainly with GU, I'm thinking mid way between 54 and 55 for this week if I'm reading things right. Not necessarly up from here today, but end of the week will be interesting. It would not surprise me one bit to see EU around 3230 by Thurs/Friday for a retest. I just don't think either rally (particularly GU) is sustainable that's all. But was just mainly having some fun on words. {image}Ignored