Easy money. Isn't it 
Cable Update (GBPUSD)
- #431,726
- Jun 2, 2016 2:10am Jun 2, 2016 2:10am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
{quote} atm gbp stuck around 1.4440 what for?
But seriously the market does what the market does....need to get inside the heads of the big boys, whats their reasoning why is price where it's at?
Myself I wanted it over 4500 but I have to accept what's happening....
Don't Leave Money on the Table
- #431,727
- Edited 2:29am Jun 2, 2016 2:17am | Edited 2:29am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
{quote} I reckon you should ring Carney and demand an answer.....
And to answer my own question, Cable doesn't have much strength right now so sell stops were sitting just above 4460 and were triggered hence the pullback and Bulls couldn't carry it further at that point in time....that's my theory and I'm sticking to it and if you don't like it speak to my lawyer....
Also looking at some news Construction PMI although still in expansion is at it's weakest rate of expansion for almost 3 years....
Don't Leave Money on the Table
- #431,728
- Jun 2, 2016 2:17am Jun 2, 2016 2:17am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #431,730
- Jun 2, 2016 4:04am Jun 2, 2016 4:04am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
Don't Leave Money on the Table
- #431,731
- Jun 2, 2016 4:36am Jun 2, 2016 4:36am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
there's a bucket load of news next few hours.....
Don't Leave Money on the Table
- #431,733
- Jun 2, 2016 4:56am Jun 2, 2016 4:56am
{quote} Yes those 3 indecision candles on hourly interest me....not sure if they mean anything but I can't remember ever seeing it before and then we have an indecision candle on the 4 hourly...indecision meaning neither Bulls or Bears are winning Have to wait until after news....could be a long day/night
- #431,734
- Jun 2, 2016 4:59am Jun 2, 2016 4:59am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
Don't Leave Money on the Table
- #431,737
- Jun 2, 2016 5:09am Jun 2, 2016 5:09am
Cable had its move earlier this week.
Better pair to look out for. Nice descending triangle with very strong support. If broken..............................................
EUR/JPY
Better pair to look out for. Nice descending triangle with very strong support. If broken..............................................
EUR/JPY
The only true wisdom is in knowing you know nothing.