ok hey gang ....teabreak over twitchy morning so far .....i havnt really scalped much .... NZD is the bull currency at moment ............cad the sell im waiting for GBP to show its colours ..........my impluse is bear off the overnights .... low 2860s befroe i start hammering cable south ucad buys and NZD buys are actually the primary scalps
sorry guys ...i got little tied up trading with some other traders so was not posting on forums
ok Cable got down to low 30s earlier (i had scalped it south)...then it turned over ....must admit i hav'nt chased it much so far north...........whilst GBP is indeed a strong Bull ...........so is USD !
Ucad has offered Scalp action from 3260s to 3314 so far .....and i was scalping it most of the way (See earlier posts)
its retracing at moment
looking at my strengthmeters i have been on the best mover re the bull UCAD in the absence of Cable happening
Swissie , Euro , and AUD have all had bear moments....to be traded against a bullish Yen , USD , GBP and NZD
GBP hot approx +90 pips from opening 6am london a while back no complaints from me ....if you cant take a few pips from an Alpha currency that booms 90 pips bull...then you ARE IN THE WRONG BUSINESS ..... anyway GBP has flattened and Cable is way off now some 15-20 pips from 2968 recent high its in a small rally though if you are watching ........if it can get back above 2956 i will start paying attention CAD still a useful sell .... have a good night N {image}
Ignored
hey all ...just final post.....it did hit 56 earlier and i got back in to 69 high so far
a little tricky so far .............GBP the alpha Bull ......Euro and Swissie the sells
cable broke up from 2940s to 2960s so took a couple of fast scalps ....sat on hands since and bounced it back up from 2940s again recently to 2960 so far ......textbook support plays !
ok GBP and Euro have been the sells most of the day .......last 2 hours USD fell south as well so thats why you have been struggling on those pairs to sell them ....
i last sucessfully scalp sold Cable down into the 3020s.......a couple of scratch resells since got me out with a few pips loss....actualy offering again right now around 3044.......
FXCorrelator - Scalping system
