Should we be selling now?
Cable Update (GBPUSD)
Gents & Ladies..
Just a thought... I've never been to the US or Canada but seeing their just a border away ...
You reckon that the CAD employment news earlier has some correlation to the US Employment... i.e. US NFP news will be well below expected?
Thoughts anyone... lets see how it pans out in 8 minutes or so...
Cheers,
R
- #191,663
- Jan 8, 2010 7:51am Jan 8, 2010 7:51am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,077 Posts
- #191,664
- Jan 8, 2010 7:52am Jan 8, 2010 7:52am
tech analysis doesn't make any senes with news.... esp. with shorts .
finally i took my decision .... close all ur shorts before news times
.
my short on g/u hit sl with -22 it was +40 pips before news coming ...
but i have got another +43 on e/u by trading news ...
All have nice last few hrs ... hope it was a good week for all brothers and sisters so ( 2day w find our first thread girl
..welcome)
It was a nice week ..I hope the next will be too.
see you all next week ... I will go back to my physical life.:nerd:
finally i took my decision .... close all ur shorts before news times
.my short on g/u hit sl with -22 it was +40 pips before news coming ...
but i have got another +43 on e/u by trading news ...
All have nice last few hrs ... hope it was a good week for all brothers and sisters so ( 2day w find our first thread girl
..welcome)It was a nice week ..I hope the next will be too.
see you all next week ... I will go back to my physical life.:nerd:
- #191,665
- Jan 8, 2010 7:54am Jan 8, 2010 7:54am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Should we be selling now?
It's hard to sell now in the middle of such up candles
COT: The precious data ignored
- #191,668
- Jan 8, 2010 7:57am Jan 8, 2010 7:57am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
room i hope evry body is ok bad NFP
- #191,669
- Jan 8, 2010 7:58am Jan 8, 2010 7:58am
A break 6070 will lead the price directly into 6240, but we shud see some retracement before that
and i wonder, if the breaking 6070 causing by news, will be it count as technical also ?
anyone please
and i wonder, if the breaking 6070 causing by news, will be it count as technical also ?
anyone please
Guide me please 
- #191,671
- Jan 8, 2010 7:59am Jan 8, 2010 7:59am
Just a quick one gents & ladies... this is not a professional advice but my thoughts are that the targets would be...
Resistance @ 1.61241
Support @ 1.60622
Personally, I'm goin to bed here down under... but if I was trading I would expect these levels to be tested tonight...
PS.. this would only be valid for tonight!
Cheers & Good trading!
R
Resistance @ 1.61241
Support @ 1.60622
Personally, I'm goin to bed here down under... but if I was trading I would expect these levels to be tested tonight...
PS.. this would only be valid for tonight!
Cheers & Good trading!
R
- #191,672
- Jan 8, 2010 8:01am Jan 8, 2010 8:01am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,077 Posts
A break 6070 will lead the price directly into 6240, but we shud see some retracement before that
and i wonder, if the breaking 6070 causing by news, will be it count as technical also ?
anyone please
- #191,673
- Jan 8, 2010 8:02am Jan 8, 2010 8:02am
A break 6070 will lead the price directly into 6240, but we shud see some retracement before that
and i wonder, if the breaking 6070 causing by news, will be it count as technical also ?
anyone please
Hope that you guys have scalp "some" pips 
- #191,676
- Jan 8, 2010 8:07am Jan 8, 2010 8:07am
My s/l took in +25 pip on my short and as soon that happened 10 min b4 data was leaked again, in my opinion, so I opened long trade at 1.6000 now i'm 100+ pips u got to be fast.
better 25 pips rather than the whole movement... see my post previous 3-4 posts.. I called shotgun on this one... sometimes there are ways to get a heads up... I'm still learning so this one is a good experience for me as well.To be quite honest I didn't know for sure but had a good feel about it!!!
Cheers,
R
- #191,677
- Jan 8, 2010 8:10am Jan 8, 2010 8:10am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,077 Posts
- #191,678
- Jan 8, 2010 8:12am Jan 8, 2010 8:12am
Believe me, everyone forgot about TA at that moment
i knew technical wud become a lil bit less used in news effect such nfp
but my point is when 6070 break and at the same times news effect has been out of its capability, will the market leaves the bottom and start the new trend, or still finding the bottom ?
the weekly open stpped it there but reckon it will have tht wiped out shtly above tht the highs from the 1st of the week wouldnt be out of the question
Guide me please
- #191,679
- Jan 8, 2010 8:18am Jan 8, 2010 8:18am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
room i hope evry body is ok bad NFP
MM And control your risk
My sell still in play
