Cable Update (GBPUSD)
I'd be more than happy to buy you that pint (warm English beer only, mind!), should you ever find yourself on these shores.
Paul
Not bad, my friend.
Kind of worked out as expected today, eh? Not bad for traders using lagging t/fs, one of whom even dares to incorporate "funnymentals"!
Cable sinking and a short squeeze, albeit aided by thin liquidity, in USDJPY...
lol not bad at all brother. Yup, I don't think it's a smart thing to long cable right now, too early methinks. But hey, what do I know
Btw, looks like eu's gonna dive deep. What do you think paul?
He doesn't want a piece of me
How's it going bro? I'm exhausted as hell today, too much food!
lol not bad at all brother. Yup, I don't think it's a smart thing to long cable right now, too early methinks. But hey, what do I know
Btw, looks like eu's gonna dive deep. What do you think paul?
after all this talk about bullishness we now looking at a possible selling opportunity....this is why waiting is the name of this game.....will be get a rejection here.....
exhausted from food is good! .....
been waiting the whole day for a clue to where this is heading....looks like i will wait for dailly close, trying to be patient here
lol not bad at all brother. Yup, I don't think it's a smart thing to long cable right now, too early methinks. But hey, what do I know
Btw, looks like eu's gonna dive deep. What do you think paul?
Bullish? You're having a laugh bro.
Last week's close was a huge warning.
Finally WB...been waiting for someone to comment on EU...acting like the way it is acting now, probably gonna fall the hardest
Good day to you,
Looking at my chickenbones, you are probably right:
Chart attached. Numbered and referenced:
1) July predictive target was reached early July.
2) August target was reached in early September
3) September target is sitting at 1.4390 - still to be called on.
My personal belief is that we are in for a bearish EU week. Probably looking at 1.4515....
But, alas, I am just a dummy...
Your thoughts?
My highest regards
NO - you are not allowed to long EJ. I am sitting in a trade since last night, trying to get out....
My average price is 1.3460 and I want short!
Could you send me a loaf if yours work?
Regards
.....Relax buddy, it's looking like it "could" have been a mistake anyway. 
exhausted from food is good! .....
been waiting the whole day for a clue to where this is heading....looks like i will wait for dailly close, trying to be patient here
if it closes bearish pin ....i seriously thinking sell.....any views on this? 1.62 probably form good resistance....
Definitely NO design work and trading mix for me anymore. I keep having these entries in mind and then I go do design work, get involved and the time passes and then when I look back I've missed the entry by a couple 15m bars....
I "wanted" to go short GU @ 6235 and long EJ @ 134.90. Missed them BOTH like a dope.
Personally, I'm flat cable and will make my next move below 6115 (if it gets there). My bias remains short, no change there, providing price remains below 6400.
With regards to EURUSD, I am also steering clear of shorts until (if) 4450 (prev breakout level) is breached, then the path will be open to further downside towards 1.4190. My bias is currently neutral on this pair, as I think 4500/4450 will be quite a firm area of support.
