So what is the value of fundamental data now? 
Fix up, trade sharp ...
Cable Update (GBPUSD)
- #382,181
- Jun 17, 2014 5:24am Jun 17, 2014 5:24am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
- #382,182
- Jun 17, 2014 5:25am Jun 17, 2014 5:25am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
that just seems so wrong, it's total rigging to get people out of short positions
Ghost Rider - WWTBMD?
- #382,184
- Jun 17, 2014 5:28am Jun 17, 2014 5:28am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
So what is the value of fundamental data now?
Ghost Rider - WWTBMD?
- #382,186
- Jun 17, 2014 5:28am Jun 17, 2014 5:28am
{quote} Agreed on what you said but dun think it will hold long....
If you are shorting GBP/USD better to long EUR/USD for hedging.. These big guys can see our positions and they have advantage over retailers. They just go against us. I believe they have their own closed forum where they discuss our positions and how to take free money from us.
- #382,187
- Jun 17, 2014 5:33am Jun 17, 2014 5:33am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
{quote} Well, I really expect at least 100 pip long at EUR/GBP and believe that it will happen mostly because of the short in GBP/USD rather than long in EUR/USD.. If you are shorting GBP/USD better to long EUR/USD for hedging.. These big guys can see our positions and they have advantage over retailers. They just go against us. I believe they have their own closed forum where they discuss our positions and how to take free money from us.
- #382,188
- Jun 17, 2014 5:33am Jun 17, 2014 5:33am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #382,189
- Jun 17, 2014 5:38am Jun 17, 2014 5:38am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} Oh sorry forgot .. u too hello beautifullOK beach time coming back at the nxt daily candle .. lol .. new system to free up the hours for more .. well u know .. BEACH TIME ..
- #382,191
- Jun 17, 2014 5:39am Jun 17, 2014 5:39am
{quote} they don't trade against people who have pennies. we are nothing in front of them, even if you sell gbp 100 million nw you cannot move it by more than 10 pips. they trade in billions and mostly compete against each other, central banks, hedge funds, leveraged buyer/sellers.
Well. imagine 100000 retail traders who trade with 1 lot with margin 1/100. It will make 10 bln short in GBP.. That is serious.. If you ad small hedge funds in developing countries then you will see that the amount is really big. Most funds in Russia sold S&P indexes and bought gold..
long time ago.. but as you see S&P is not falling and gold just started to move..
- #382,193
- Jun 17, 2014 5:40am Jun 17, 2014 5:40am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Well, in either case it seems we now await the USD noise. Smoke em if ya got em. 
Ghost Rider - WWTBMD?
- #382,195
- Jun 17, 2014 5:44am Jun 17, 2014 5:44am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
Useless as always to me. IMHO Big guns just shaking the tree to see who falls out. [/quote] 
lets see if for 5 pips that is a false move up 82 short
[/quote] - #382,196
- Jun 17, 2014 5:45am Jun 17, 2014 5:45am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} please be patient we are approaching to 1.80
I agree in the big picture of course but you think without a decent retrace first?
Ghost Rider - WWTBMD?
- #382,197
- Jun 17, 2014 5:46am Jun 17, 2014 5:46am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
- #382,198
- Jun 17, 2014 5:48am Jun 17, 2014 5:48am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #382,199
- Jun 17, 2014 5:48am Jun 17, 2014 5:48am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Useless as always to me. IMHO Big guns just shaking the tree to see who falls out.
It just moved 53 pips today, keeping this in mind and also the reversal from 6940, expect 7010 - 30 today it self in NY.
Intraday only.