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- scyang replied May 13, 2008
Just think you could've gotten an extra 100 pips.
That happens to be all the time. I thought I was the only one being picked on by the market.Cable Update (GBPUSD)
- scyang replied May 13, 2008
Somebody suggested that it might have planned deliberately that way. There might be some very extreme news with the retail sales number. But who knows. We might be reading too much into it.
Cable Update (GBPUSD)
- scyang replied May 13, 2008
I agree. It's very frustrating. Both the chart and fundamentals show that cable should be going up. I just got in the long position. Hope the US news will give it a lift. Let's see.
Cable Update (GBPUSD)
- scyang replied May 13, 2008
You bailed out of the long position or short position?
Cable Update (GBPUSD)
- scyang replied May 13, 2008
That makes sense, but this article came out last Wednesday, after which euro climbed three days straight. But now USD is gaining across the board, even including jpy, after BOJ hinted that they might increase interest rate to fend off inflation.
EURUSD
- scyang replied May 13, 2008
It was the most amazing thing with MBIA yesterday. It was so horrible yet the shares went way up, only for a few shorts moments in the beginning were they down. There is no logic. No idea what the retail sales number will do to fiber today. Most ...
EURUSD
- scyang replied May 13, 2008
UK CPI jumped to the limit of BOE's tolerance level. Further rate cut is totally out of the question. I don't know why still short cable.
Cable Update (GBPUSD)
- scyang replied May 13, 2008
When did Jacko say that? Does he have a timeframe? Of course, it might be there at the end of the year, but we are mostly intraday traders.
EURUSD
- scyang replied May 13, 2008
At least you only got in with 0.3 lots, wouldn't be big loss. Besides it still might go up later when the US retail sales news comes out.
Cable Update (GBPUSD)
- scyang replied May 13, 2008
Anybody long on EURUSD. Hope you had stop loss. Don't know what happened. Just dropped out of the blue. Anybody understand why?
EURUSD
- scyang replied May 13, 2008
It defies logic. Good UK news come out, and USD goes up against it, against euro and jpy. What's going on?
Cable Update (GBPUSD)
- scyang replied May 13, 2008
Price already below your 1.5495 level. Are you seeing fiber going way down or stablize soon? The head and shoulder was very small, so the drop may be just marginal.
EURUSD
- scyang replied May 13, 2008
You would think it should take a nice train north!! But no, it just spiked and then sank down. I guess it just doesn't want to up, good news or not.
Cable Update (GBPUSD)
- scyang replied May 13, 2008
You are so amazing!! How in the world did you know that fiber was going down? Actually UK news was good so logically it should send fiber up too. Please tell me how far down this thing will go and if it's going to turn around soon?
Malaysia
- scyang replied May 13, 2008
It's hard not to listen to Warren Buffett since he's been so successful. But he also was betting on USD going up about 2 years ago when it started a significant downtrend. So he's been wrong before and can be wrong again. Just be careful.
Gold, is it right time to buy?
- scyang replied May 13, 2008
It's still hanging around. Thought it would go up faster than that.
Cable Update (GBPUSD)
- scyang replied May 13, 2008
UK news came through and pushed cable up. Thought that should push euro up as well, but push it down instead. Anybody understand why?
Malaysia