ass chart level 518 is proving to be a pain.
Cable Update (GBPUSD)
- #214,382
- Apr 8, 2010 4:32am Apr 8, 2010 4:32am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
OK posted a second short at 1.51996. Based on news looking to get out with near 40+ pips x 2 at 1.5155. Think it may go down a bit further than I'm feeling in a bit of a bird in the hand sort of mood today.
BTW. If Gbp/Eur goes down to .8700 today, pile in on the longs.
- #214,384
- Apr 8, 2010 4:33am Apr 8, 2010 4:33am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
It was never going down and 99% sure it won't be going up (it is still way too early). The only issue is quantative easing, but with some good news results and the economy turning (Revised GDP from 0.1% to 0.4% in the last quarter) and OECD saying that UK economy will grow faster than it's peers, I don't think he will add to QE at this stage. He will only do so if a double-dip looks on the cards.
With good news like that, cable is a funny animal and I no doubt expect it to drop like a stone just to prove me wrong
Since UK election on may, I don't think king wouldn't like to see a weak pound. Therefore there is a reason pound will get strong for this month.
USD and JPY won't let pound very strong, what i looking for is pound will tank , where the range will be playing for a while 1st.
Anyway i might be wrong...
- #214,386
- Apr 8, 2010 4:36am Apr 8, 2010 4:36am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
It won't heading down unless 518 and 513 break close below only a massive down for me to 1.49xx there.
Since UK election on may, I don't think king wouldn't like to see a weak pound. Therefore there is a reason pound will get strong for this month.
USD and JPY won't let pound very strong, what i looking for is pound will tank , where the range will be playing for a while 1st.
Anyway i might be wrong...
- #214,387
- Apr 8, 2010 4:37am Apr 8, 2010 4:37am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
It won't heading down unless 518 and 513 break close below only a massive down for me to 1.49xx there.
Since UK election on may, I don't think king wouldn't like to see a weak pound. Therefore there is a reason pound will get strong for this month.
USD and JPY won't let pound very strong, what i looking for is pound will tank , where the range will be playing for a while 1st.
Anyway i might be wrong...
Thank You 
- #214,388
- Apr 8, 2010 4:38am Apr 8, 2010 4:38am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
ass chart level 518 is proving to be a pain.
(BE +10)
- #214,389
- Apr 8, 2010 4:39am Apr 8, 2010 4:39am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
strong start, faded half way ... weak finish. Sounds like you're confused
- #214,390
- Apr 8, 2010 4:43am Apr 8, 2010 4:43am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Quality from the Wormmeister
Thank You
- #214,392
- Apr 8, 2010 4:50am Apr 8, 2010 4:50am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
strong start, faded half way ... weak finish. Sounds like you're confused
- #214,395
- Apr 8, 2010 4:52am Apr 8, 2010 4:52am
- | Joined Apr 2010 | Status: In the red, aiming for the green! | 285 Posts
Moved my SL on my long from BE to 15175
Back to basics, it has to be for me!
- #214,396
- Apr 8, 2010 4:56am Apr 8, 2010 4:56am
- Joined Oct 2009 | Status: Trader | 1,342 Posts
Sold UJ @93.92 SL 94.60 TP --- > not determined
watch uj after spike seems like retest demand at 93.75
I'm now 100+ Pip. what do you think ?
- #214,397
- Apr 8, 2010 4:59am Apr 8, 2010 4:59am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Hi Mal
I'm now 100+ Pip. what do you think ?
salam ya basha
- #214,399
- Apr 8, 2010 5:07am Apr 8, 2010 5:07am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #214,400
- Apr 8, 2010 5:10am Apr 8, 2010 5:10am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Moved my SL on my long from BE to 15175