MIssed by 10pips.....too bad..not my day.
I think it will touch 1.9510 today hopefully
from 1.9666 to 1.9555 nice.
2molo maybe 1.9444.
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
DislikedIn my opinion - looking at a 4Hr and Daily chart - for the near - long term the downside should be capped as there is a broad USD sell-off in place.
I have personally entered long at 1.9550 and see it going back up to pre data release level in the US session.
Looking at the trend of US data in the past 3 weeks i dont see major chances of data suprising to the better.
If the data from US does turn out better than forecast i will square my position (at the moment +20 pips) and look to get long again tomorrow before london open. Simply because all majors have broken the range and are now strenthening against the USD which should last for a while.
Regards,
GirishIgnored
DislikedIf we hold below 9625 in next 300 ticks, there is a liklihood of price now ping-ponging between 9625 and 9550-9565 level, with bias to the upside up to 9666(devils pivot). For this reason I will set my additional buy order at 9555 and sl on total position moved to 9535.Ignored
DislikedAdded to long @ 9555 trailing stop on whole position placed @ 9519 for now, looking to move it up shortly. Next profit target - 9720.Ignored
DislikedAdded to long @ 9555 trailing stop on whole position placed @ 9519 for now, looking to move it up shortly. Next profit target - 9720.Ignored
DislikedHey Leugimp,
I've been out of town and missed the morning rush. What U expecting from today's news? This non-retracement got me lost here. Cannt figure if it is a continuation pattern (down) or just a non-trading situation before US news...
Looks like news will be mixed but trending to USD-negative, what you think?
I'd like to see today closing way high to get a forecasted lousy PPI tomorrow and touching the roof. But it will depends on today's close...Ignored
DislikedAnyway, if you want to look at a semi similar reference as to what we are going through here look at 12/13/06 - 12/20/06) (...) the overall movements are strikingly similar.Ignored
Dislikedfinally let back in, whew! I guess im not the only one as no posts have been madeIgnored
DislikedAdded to long @ 9555 trailing stop on whole position placed @ 9519 for now, looking to move it up shortly. Next profit target - 9720.Ignored