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- giveachance replied Oct 29, 2013
since morning today cad crosses are being hammered. does anyone trade here?
EURUSD
- giveachance replied Oct 29, 2013
is there a trade in euro today? sorry for asking. was trading aud/cad since morning.
EURUSD
- giveachance replied Oct 28, 2013
this pair has lost all the supports. one at 48, then at 25 and last one at 1.6095 also gone. I am staying away from it but short is the obvious trade.
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
yes. totally confused markets but fed has got all the ammunition behind it not to taper this year and i think euro will not stop before hitting 1.4
EURUSD
- giveachance replied Oct 28, 2013
I saw a short in the morning and was in profit just for it to reverse. I think it will move both ways and clear orders on both sides. this move to 50 has surprised me. I thought 68 would be defended by the bull which moved from 49 to 68. I still see ...
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
I still favour longs. there is no downside signal.
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
don't get tempted. this may not stop at 1.6245 also. if it wants to take out shorts it will rally to 1.63
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
it is a long now. till it breaks 1.6168 where the bear has come. bulls are at 89,94 now
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
ok I am out. I was in profit of 10 pips to close in 22 pips loss. it exceeded my allowed risk levels and had to close
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
my guess is this is cross related selling hitting the market. eur/gbp related selling
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
bull at 68 has now moved to 83. bull at 89 has to be taken out for further downside
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
if this is not a fakeout 1.6215 will be taken out and then 1.6222. I am still in the bear camp. now bear has moved to 1.6205 bull has moved to 89.
Cable Update (GBPUSD)
- giveachance replied Oct 28, 2013
hahaha. that was sweet music to me but I still think this move was a fakeout at first place. I think it should go down again to test 1.6145. Its upto the bear at 94 as to how strong this rally can become
Cable Update (GBPUSD)