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  • #948,761
  • Jan 9, 2015 3:15am Jan 9, 2015 3:15am
Cable soaring, probably going to drag EU with it

EDIT: I think Cable has been oversold as the UK is not in as bad a state as Europe, but lost more pips over the holidays
  • #948,762
  • Jan 9, 2015 3:17am Jan 9, 2015 3:17am
Quoting maximinus
UJ short with a SL>119.50 could be profitable.
Yes 451 SL.
  • #948,763
  • Jan 9, 2015 3:18am Jan 9, 2015 3:18am
Quoting Wharfe
Cable soaring, probably going to drag EU with it EDIT: I think Cable has been oversold as the UK is not in as bad a state as Europe, but lost more pips over the holidays
soaring?? (checks GBPUSD daily)... phew....
GBPUSD last week was around 1.55 though.... now at 1.5140 is not that surprising
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #948,764
  • Jan 9, 2015 3:21am Jan 9, 2015 3:21am
Building up on y/d's price set up ...
I'm in a long to ride the correction rally.
Attached Image (click to enlarge)
Click to Enlarge Name: 1EU.png Size: 8 KB
Hear the music before the song is over ...
  • #948,765
  • Jan 9, 2015 3:25am Jan 9, 2015 3:25am
Quoting fxtyrant
{quote} soaring?? (checks GBPUSD daily)... phew.... GBPUSD last week was around 1.55 though.... now at 1.5140 is not that surprising
Lol, only pointing out the intra day moves, 60 pips up in short time. But daily is starting to form an interesting candle pattern on cable. But I'm not doing much until Monday after NFP dust settles.
  • #948,766
  • Jan 9, 2015 3:27am Jan 9, 2015 3:27am
Would like to see EU break 830 today to get cleaner picture on upside.
  • #948,767
  • Jan 9, 2015 3:33am Jan 9, 2015 3:33am
Quoting GlobalMacro
Building up on y/d's price set up ... I'm in a long to ride the correction rally. {image}

make sure to get out of that long before US news comes out I am adding to my shorts as it goes up.
  • #948,768
  • Jan 9, 2015 3:35am Jan 9, 2015 3:35am
if failed to break 1.18184 its mean another down move again.. but still to early to make decision..
the true currencies here is patience and react precisely
  • #948,769
  • Jan 9, 2015 3:38am Jan 9, 2015 3:38am
Quoting ionutpopa
{quote} make sure to get out of that long before US news comes out I am adding to my shorts as it goes up.
It's an M30 trade == quick scalp. Cable performing better tho ...
Hear the music before the song is over ...
  • #948,770
  • Jan 9, 2015 3:42am Jan 9, 2015 3:42am
Seeing as 1.1818 has failed to break I am currently shorting down to 1.1700 and then down to 1.168x

What are peoples thoughts here?
You can lead a horse to water, but you can't make it drink
  • #948,771
  • Jan 9, 2015 3:43am Jan 9, 2015 3:43am
Quoting GlobalMacro
{quote} It's an M30 trade == quick scalp. Cable performing better tho ...
ah, ok. I am trading on daily so I don't mind it getting even to 1.19 and shorting from there again. Even 1.2 looks tasty for shorting
  • #948,772
  • Jan 9, 2015 3:43am Jan 9, 2015 3:43am
Price seems to want to break above 1.1819.
  • #948,773
  • Jan 9, 2015 3:44am Jan 9, 2015 3:44am
Quoting ionutpopa
{quote} make sure to get out of that long before US news comes out I am adding to my shorts as it goes up.
are you open short before the NFP coming up ?
  • #948,774
  • Jan 9, 2015 3:54am Jan 9, 2015 3:54am
what the.... no news or anything....... so suddenly...... up n down
  • #948,775
  • Jan 9, 2015 4:04am Jan 9, 2015 4:04am
Retracement + bullish set up for correction next week and weekly closure battle, all will be defined once NFP is out.
  • #948,776
  • Jan 9, 2015 4:06am Jan 9, 2015 4:06am
ECB staff pinching out 500 bil QE plan. Less than expected, probably therefore this bull reaction. 500 will defenetly not be as near impactful as 1 tril on EU. Hm...
  • #948,777
  • Jan 9, 2015 4:06am Jan 9, 2015 4:06am
Quoting ThePolarFox
Retracement + bullish set up for correction next week and weekly closure battle, all will be defined once NFP is out.
is that For eur usd ?
  • #948,778
  • Jan 9, 2015 4:11am Jan 9, 2015 4:11am
Yes, for EU
  • #948,779
  • Jan 9, 2015 4:16am Jan 9, 2015 4:16am
Quoting ionutpopa
{quote} ah, ok. I am trading on daily so I don't mind it getting even to 1.19 and shorting from there again. Even 1.2 looks tasty for shorting
Perhaps I will join you in that proximity.
Hear the music before the song is over ...
  • #948,780
  • Jan 9, 2015 4:17am Jan 9, 2015 4:17am
i still got short on EU,,, hope i can close it before NFP
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