Cable Update (GBPUSD)
{quote} read there was some hft flash crash or something too. lol
. Still holding, but chopity chop not funny at all. Cant believe my eyes. Also want to add BoJ easing = Yen buy. Just omg. Perhaps I should act contrary to standard economics.
AND THE WINNER FOR this months worse algo rythmic crapiest tradiing of the day award goes too .... (Quick rustle whilst opens the Envelope) and yes the winner is 19th February .. (thats today btw)
{quote} I think I missed the top of GBP/AUD and GBP/NZD (unfortunately), so keeping an eye on GBP/CAD for a short. It used to be a nice pair to trade dynamically; it falls into ranges ... . But with oil prices and CAD rate cuts, it has yet to find a new range, although an argument could be made for between 1.9250 and 1.9 (short-term and plenty to work with). I'm watching EUR/GBP, but it's oversold/at a historical bottom. Still in my GBP/USD short, but I'm not particularly hopeful at this point ... . Don't see divergence on the Daily that would signal...
{quote} I reckon. A break of 1.5200 looks highly unlikely, but let's see what price does on its way down there.
{quote} Sounds like a good plan
{quote} Now we're on the same page!
based on those open positions books (if the brokers didnt lie), a lot of longs trapped above .56 and shorts below .52 so... I would consider that the new play range. Just curious what the gap on my weekly charts mean (see if u have it too). based on those open positions books (if the brokers didnt lie), a lot of longs trapped above .56 and shorts below .52 so... I would consider that the new play range. Just curious what the gap on my weekly charts mean (see if u have it too). 
