after cable hits so high and just stay there, buyers lose momentum. also short are scary to short.
so cable now don't have any direction.
i think it might get some up with short suqeeze. but don't expect up more.
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Dislikedthe question at this level, 26 year high, who is the buyers.
after cable hits so high and just stay there, buyers lose momentum. also short are scary to short.
so cable now don't have any direction.
i think it might get some up with short suqeeze. but don't expect up more.Ignored
DislikedAfter a rally, when bulls lose momentum, the next obvious step WOULD be profit-taking... somebody could call them "bears"... I rather call them "sleepy bulls"...Ignored
DislikedAfter a rally, when bulls lose momentum, the next obvious step WOULD be profit-taking... somebody could call them "bears"... I rather call them "sleepy bulls"...Ignored
DislikedWhen will this 'sleepy bulls' manifest itself? Overnight? In your opinion, where will the support level lie?Ignored
DislikedI´ve taken a 1/4 of a position short, based on the lack of follow through.
Keeping a watch on the euro...IMO if that breaks above the 3600 level it´ll take cable up to more new highs.Ignored
DislikedI´ve taken a 1/4 of a position short, based on the lack of follow through.
Keeping a watch on the euro...IMO if that breaks above the 3600 level it´ll take cable up to more new highs.Ignored
DislikedI think it will depends on the big guys. if the big guys want to get out of the positions, they will keep it flat for a while, if not, it might be zigzag up. I prefer its staying flat for very few days then game over.Ignored
DislikedAfter a rally, when bulls lose momentum, the next obvious step WOULD be profit-taking... somebody could call them "bears"... I rather call them "sleepy bulls"...Ignored
DislikedNo chance for a correction? What if Euro breaks above the 1.36 psychology level? More ups for the cable as well?Ignored
DislikedIt will be difficult to go long after the BoE minutes. I got in before that at .0078 so still manage to get +40 pips profit. IMHO if the cable start bearish. It will test the 2.01 support first then 2.00 support. But dont its time to go short now.Ignored
DislikedI think the room for cable up is very limited but for eu, we still have some room.Ignored
DislikedThere are 3 major Currency pairs traded out of Europe: EUR, GBP and CHF. Inspite of the big Bullishness of EUR and GBP vs USD, CHF was the most bullish of all gaining against all three! Keep it up and its time to short CHFIgnored