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- Ferick replied Jun 26, 2009
Time to stay FLAT — Looks very Bulish, but it's approaching the high of the range. I would like to stay away from it! Uncertainty way too high.
Cable Update (GBPUSD)
- Ferick replied Jun 26, 2009
Good call! I am out with -32 pips. Will short it higher at 1.6550-1.66
Cable Update (GBPUSD)
- Ferick replied Jun 26, 2009
Getting ready for another leg up — Looking to short it between 1.41-1.4150
EURUSD
- Ferick replied Jun 25, 2009
Decided to exit at 1.6423 with +110 Pips. No longer feel confident about the move N beyond 1.6470 and I want to sleep. Good luck everyone.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
Huge rally in Equties and Oil — Lo and behold, it was a shallow pullback. +123 Pips in the money so far. Next up, 1.6470. I am very generous tonight- only targeting 1.6540.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
Huge rally of Equties and Oil — They all closed on the high end of daily range...GBP not so much. I would have expected GBP and EURO to close about 100 pips higher, but who said trading currencies was easy? In any case, I think I like to keep ...
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
WEAK!!!! — Not impressed! PA is acting as if there was a Holiday. The long trade from the bottom was too obvious, so now the big dogs don't want to take it too high without eliminating some of the longs. Bastards.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
First resistance is at 1.6390-1.640, so you just bought under it.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
Breakout possible after lunch hour — I am giving myself a nice pat on the back

EURUSD
- Ferick replied Jun 25, 2009
1.66 very likely, but I doubt we will break the range. I plan to hold my longs from 1.6313 until very close to 1.66 and then short it there.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
Breakout possible after lunch hour — If equities hold, it will be to the upside. Careful, as bollinger bands are getting too close for comfort.
EURUSD
- Ferick replied Jun 25, 2009
Ok, SL at break even. Is 1.6450 to much to ask? — Well, that was short lived. Got stooped out at BE.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
malcolmb14 — What's your take? Do you have any observation you like to share about the price behavior around 1.6230-1.6250?
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
Looking to Long it — Here we go. Long at 1.6279. Stuck in the range once again.
Cable Update (GBPUSD)
- Ferick replied Jun 25, 2009
Looking to Long it — But only when we stop making lower lows on 1H.
Cable Update (GBPUSD)