Cable Update (GBPUSD)
Big losers and big winners around just now
Big winners are in danger of over confidence and handing it back
Big losers are in danger of cutting their losses just before retraces (in either direction)
I am 50-50 USD and GBP so I am just riding it and buying UK shares with my USD account when I think cable is too low
Using the stock market is a cheap way to do forex and the tax is only 15% (cap gains) - and you get dividends while you are waiting eg BP 5.87%
waiting for london close in 1h...
Maybe if we have a nice consolodation in m5 and m15 we can have a great break to the bottom when NY takes over hey cloggs
kill ... bring out the cavalry
only for u bro 
yes sir
Retrace in the making?
Just back online and so much greeny I see on 3 shorts 1.4977, 1.4946, 1.4924 !
Just back online and so much greeny I see on 3 shorts 1.4977, 1.4946, 1.4924 !
Just back online and so much greeny I see on 3 shorts 1.4977, 1.4946, 1.4924 !
don't forget SL Bang...,
i did hit the head and out
you looking to go short at those levels? what gives you your entries...
Sorry for asking, if you dont wana share its ok, Just acting like a sponge at the moment
you looking to go short at those levels? what gives you your entries...
Sorry for asking, if you dont wana share its ok, Just acting like a sponge at the moment
I have S/R level as seen on the above chart -- magentha line
Before down--> draw up 1st, but I'm sure imho said that the bearish seen stronger. 1st short 1.4924 --> DP 07.00 am GMT +7, then 1.4946 --> Tuesday Pivot level and 1.4977 when I saw looks spike down after GBP news 4.30am. All shorts I put the SL at 1.5030 --> 10 pips above yesterday highest level. Then switch off the computer and doing offline bussiness !
Currently still look spike down at 1.4893 maybe continoued untill S1 1.4820 ---> my target !
8min to london close...
propably only start moving at half past?
i'm hoping!!!
y everyone so quiet?
bbakker, what ya doing?
