Cable Update (GBPUSD)
{quote}i wonder why today the pound seems to have fallen ..did i miss news or something?
{quote} I am short from 1.6503 and closed at 1.6375 muppet. If you want to treat me as a contra indicator no prob. I collected 200 pips in euro from 1.3780 to 1.3580 and collected some more today. so I am good if muppets like you are trapped
{quote} I am short from 1.6503 and closed at 1.6375 muppet. If you want to treat me as a contra indicator no prob. I collected 200 pips in euro from 1.3780 to 1.3580 and collected some more today. so I am good if muppets like you are trapped
{quote} No - you missed nothing. Technically, we have lower targets. Using CME data - all the way down to mid 1.55.. It's just working it's magic. Up. down. But there will be higher targets too. This is my problem - I only see a few years back. I know what is going on below - but not sure what it happening above - as the 2007/8 black swan is not recorded on my charts. Will have to play it by eye. Trade well
{quote} I am short from 1.6503 and closed at 1.6375 muppet. If you want to treat me as a contra indicator no prob. I collected 200 pips in euro from 1.3780 to 1.3580 and collected some more today. so I am good if muppets like you are trapped
{quote} Sir, Before this turns into something bad... I was just kidding..Giveachance had a very good call on EU short just the other day.
How is your trading ? Are you still short? I believe it is the right direction in the long term - but we have over 6000 short stops clustered @ 1.6500. Another 2300 @ 1.6530 and some more (1800) at 1.6580 and 2200 at 1.6600. These will move down - but back up quickly with any rise. I fail to see a continued downward spiral at this time. I'm only right 60% of the time - so ignore.. Peace
{quote} Im short long term..this trade for me is a real test..i need to make at least 2k a month from this (trading)..and i cant do it trading light..so in the attempt to find a balance..i have basically messed up by going in with multiple position..accumulating a positon size of around £5 a point which for is the largest position i have ever had live..i need this work out for my carhonass to grow
{quote} As mentioned before - 1.5560 is a good point. When? Do not know. Other data suggests the following: 1.6180 1.6000 1.5730 1.5360 Again, it first has to finish above. But the above numbers WILL be covered. Eventually. I have them marked. For a reason. All the best
