EUR looking more like going long at 1.47x
Cable Update (GBPUSD)
- #278,382
- May 5, 2011 5:13am May 5, 2011 5:13am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
136.60 as a first touch then 13 pips retrace
later during Asia we might see a 134.5 level and 134.1
later on we might resume the down trend for the next 8 trading days untill be breach the 131.34 level
then we will see the last TP 122 area.
7 days passed and we touched 131.35
131.40 was my last target on this down move
now we have to brake this level 131.34 and close under and freeride to 127.50 and 122
I think we will not close under it today.tmr might be the big day for the final drop
me so happy
- #278,385
- May 5, 2011 5:24am May 5, 2011 5:24am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
sphinx a bowl is for cereals or saladand trust me I don't see anything in there
anybody trading today ?
I will put a buy order somewhere at 1.6475 for a short scalp and a sell order @1.6440.if we trigger the sell we go down to 1.6380,my precious
today and tmr is full of if's
out for now
What will U expected Cable On Friday , Means Still Bulls or Bears Side ?
If U on Bulls Side stay Cool as Long 6450 Holds
If U on Bears Side then we will See that level broken
Mostly to keep in our Head is as long 6431 Not broken we're still Going North but The Jetz parking at 6602 and still Waiting all Passenger pass the ticket at 6585 first after tested 5551 two days.
because the train South still waiting if passenger pass the ticket at 6450...
So Now You know where to place Your SL No matter Your Going North (Buy) or South (SELL)
here's The...
- #278,394
- May 5, 2011 6:16am May 5, 2011 6:16am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
I fully admit I'm a newbie no shame.... but got the impression today was a big move day.... but where is it??
200 pips on GJ and some 60-70 on EU
- #278,396
- May 5, 2011 7:00am May 5, 2011 7:00am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Good day to you all,
Back in Cape Town after a week of travelling and meetings. Did not get opportunity to trade. Slowly getting back into things and will study some charts to get "in tune" with the flow.
Just looking at the longer term scenario - we remain in an uptrend as per my personal view. I believe we need to go up a bit. Ideal long entry for me will currently be @ 1.6430 to 1.6415 area. Looking to possibly reach 1.6570-1.6580.
1.6700 is by no means off the radar - but 1.6570-1.6580 may be the more realistic target.
I can not see a serious move down as yet. Will continue to look for buy opportunity.
All the best
Regards
Back in Cape Town after a week of travelling and meetings. Did not get opportunity to trade. Slowly getting back into things and will study some charts to get "in tune" with the flow.
Just looking at the longer term scenario - we remain in an uptrend as per my personal view. I believe we need to go up a bit. Ideal long entry for me will currently be @ 1.6430 to 1.6415 area. Looking to possibly reach 1.6570-1.6580.
1.6700 is by no means off the radar - but 1.6570-1.6580 may be the more realistic target.
I can not see a serious move down as yet. Will continue to look for buy opportunity.
All the best
Regards
- #278,397
- May 5, 2011 7:05am May 5, 2011 7:05am
"....the market’s outlook is still bullish towards 1.69 unless tit breaks below 1.62.... "
oh really? wow, what an expertise........so basicaly it is 50 / 50 from now and can go either way..... can't they just say "we don't know"..........
oh really?
wow, what an expertise........so basicaly it is 50 / 50 from now and can go either way..... can't they just say "we don't know"..........
- #278,398
- May 5, 2011 7:08am May 5, 2011 7:08am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
TT is back...
we have seen commodity currencies tanking but rocks are EU and GU.
Indeed a good buy is at 64ish..i See us ranging from 64 to 67 until BOE raise rates... We could go down more if someone from the inside knows what going to happen and they move the market in their direction below 64 before the rise, u know what I mean
ta
ams
we have seen commodity currencies tanking but rocks are EU and GU.
Indeed a good buy is at 64ish..i See us ranging from 64 to 67 until BOE raise rates... We could go down more if someone from the inside knows what going to happen and they move the market in their direction below 64 before the rise, u know what I mean
ta
ams
Good day to you all,
Back in Cape Town after a week of travelling and meetings. Did not get opportunity to trade. Slowly getting back into things and will study some charts to get "in tune" with the flow.
Just looking at the longer term scenario - we remain in an uptrend as per my personal view. I believe we need to go up a bit. Ideal long entry for me will currently be @ 1.6430 to 1.6415 area. Looking to possibly reach 1.6570-1.6580.
1.6700 is by no means off the radar - but 1.6570-1.6580 may be the more realistic target.
I can not see...
- #278,399
- May 5, 2011 7:17am May 5, 2011 7:17am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
TT is back...
we have seen commodity currencies tanking but rocks are EU and GU.
Indeed a good buy is at 64ish..i See us ranging from 64 to 67 until BOE raise rates... We could go down more if someone from the inside knows what going to happen and they move the market in their direction below 64 before the rise, u know what I mean
ta
ams
Yip - will not be selling. Not to say there are not pips to be made shorting, but I will only buy for now. And only at a level I think may yield a positive result. As you say, we may very well see a push lower over the next day and a quick break below 1.6400. I'll be looking to take that long there - if all still in place.
Will be interesting to watch as the next day or so unfolds.
All success!
Regards
- #278,400
- May 5, 2011 7:27am May 5, 2011 7:27am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Market is in sell mode and to be honest commodities were going mental. As QE2 is coming to an end. so is free money. We will move more on basis of economic outlook (or normal) instead of just play blind and sell the dollar tactic! It'll be tricky to trade now just no more up trend anymore :-)
So tomorrow's nfp is a key now. If it's bad then dollar will rise sharply, bad data no qe is a bad signal. Good data no qe is ok but still dollar will rise. Either ways it's dollars turn to take the revenge
ta
ams
So tomorrow's nfp is a key now. If it's bad then dollar will rise sharply, bad data no qe is a bad signal. Good data no qe is ok but still dollar will rise. Either ways it's dollars turn to take the revenge
ta
ams
Good day to you,
Yip - will not be selling. Not to say there are not pips to be made shorting, but I will only buy for now. And only at a level I think may yield a positive result. As you say, we may very well see a push lower over the next day and a quick break below 1.6400. I'll be looking to take that long there - if all still in place.
Will be interesting to watch as the next day or so unfolds.
All success!
Regards