Switched to short
2
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
Disliked{quote} You dont think big traders are still trading at home????? LOL They dont need to be in the office to trade. If they want to put on a trade they will do so.Ignored
Disliked{quote} Germany, France, Switzerland are all closed. What else is left in Europe for FOREX? You can't rely on forex volume but the level appears to be hovering at the Asia trading level so far.Ignored
Disliked{quote} its based on liquidity and the time component of it. There are times liquidity is very thin, at those times it takes less size of an order to move the market. If an order comes in it got to find counterparty for that order for the whole order. So the order can jump and this can trigger the banks to offer price at a higher level if the move continues.Ignored
Disliked{quote} By theory, yes. But this applied to big traders trading heavy size. The thing idk yet is how big do they consider an order sizeable While the big order entered at market order will search the counter orders on the order book untill it get filled. But from what i understood, these big orders entered/exit the market using the limit orders. The time they do something at market orders is on red economic data newsIgnored
DislikedDoesn't look like it's going to stop. When the US is not able to take on more debt, dollar goes up. When they agree an unlimited debt ceiling, dollar goes up.Ignored
Disliked{quote} The FED will take whatever it has to pump up dollar for sure. At least up to this quarter.Ignored
Disliked{quote} Hey buddy so I was thinking to seek and take your specific advise today... Would you encourage trading today or staying out until tomorrow, please?Ignored
Disliked{quote} Why would the FED want a strong dollar? That puts inflationary pressure on the US economy? The US gov't supporting raising the debt ceiling should weaker the US peso! Since it is a reserve currency for Europe, Canada, Australia, the UK and so on, all of these currencies should also be weakened. This is why it is a little surprising that gold is falling. I would expect BRIC currencies (possibly except Russia) to be rising.Ignored
DislikedThere's still substantial moves despite banks holidays. I'm going with a daily bearish bias, however I might stop trading if things doesn't go my way since Monday hasnt been good trading days for me.Ignored
DislikedUK Bank Holiday, US Bank Holiday.. so who is driving the market now? ghost? lolIgnored