Long cable

Cable Update (GBPUSD)

I'm currently short cable. Probably not a good idea...

Cable Update (GBPUSD)

How I view the world today: - Commodities: Mixed, Oil: Bullish - Stocks: Neutral (no idea, anything can happen) - USD: Bearish - GBP: Bearish

Cable Update (GBPUSD)

Hmmm, interest rate statement from uncle Ben & Co. tonight... I better go short some more USD ASAP

Cable Update (GBPUSD)

Cable is going up today. Long spot cable.

Cable Update (GBPUSD)

Ok, sorry. Yes, that's really weird!

Cable Update (GBPUSD)

A potential cause of problems like this is different time zones. People located in different time zones might get different looking data and indicators, even if the raw data is identical. At least on X-hours timeframes (i.e. 4H).

Cable Update (GBPUSD)

15 pips Sometimes I wonder if people forget about the spreads. Let's imagine that you have 2 pips spread. That means the "house" (broker) takes more than 10% of all your (15 pips) winnings. Meaning you could just as well play at your nearest ...

Cable Update (GBPUSD)

Ooops! We are on the wrong side of 14000 now, I guess. :surprised

Cable Update (GBPUSD)

Yes, the time frame was quite clear: forecast 3mths : 1.9700 forecast 6mths : 1.9400 forecast 12mths : 1.8900 Regarding the estimates: Good luck, but be prepared for heavy losses...

Cable Update (GBPUSD)

Regarding the Dow: I have put on my "retarded contrarian" hat today. I expect the Dow to end above 14000 with a rally. My setup is quite insane, but gives a pleasant R:R of 1:20 if Dow goes really nutty and close between 14080 and 14100.

Cable Update (GBPUSD)

That UBS analyst must be smoking crack in the weekends. Or maybe even on the job? USD Strength? C'mon people! This is just the desperate bounces of a very dead cat...

Cable Update (GBPUSD)

Unfortunately, my vote goes for only mild BS action in cable during the asian session. But anticipating some positive southeastern stock action (currently long MSCI Singapore & HSEN - Hiap Seng Eng.)

Cable Update (GBPUSD)

Yap, cable is definitely taking a breather here. Only BS price action at the moment. Looks like we might have some retracing to do. But I'll stay out for now, and enjoy some of my summer holiday with my girlfriend next week instead.

Cable Update (GBPUSD)

Yuk! Cable seems stuck in this 30-pip range. I guess, short term it now comes down to which one we break trough first: 2.0500 or 2.0470..? That will give us short term direction. By looking at the chart, I am tempted to say it's going to fall down. ...

Cable Update (GBPUSD)

I'm flying out the window like a chicken today. Booked 50 pips on my short. No open positions left against cable But good profits from cable during the last weeks

Cable Update (GBPUSD)

I see this as a retracement. USD weakness is still in effect. So I am considering to just cover & book a few pips before the clown (a.k.a. Uncle Bob) starts to speak. Cable might gain momentum if he keeps on clowning around today as well. Not sure ...

Cable Update (GBPUSD)

Yeah! And: How come everytime you come around, My London, British pound, wanna go down like, London, London, London, wanna go down like, London, London, London, we goin’ down like…

Cable Update (GBPUSD)

Closed long cable position. Short position still running...

Cable Update (GBPUSD)