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ganymedes replied Jul 20, 2009Slammed into resistance at 1.6427. We need to clear this quickly or longs are off!
Cable Update (GBPUSD)
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ganymedes replied Jul 20, 2009Intraday targets: (1.6414), 1.6455, 1.6544. Will exit quickly if we fall permanently back below 1.6415, or if dollar fails to break intraday lows.
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ganymedes replied Jul 19, 2009I'll bet you'll get there
I'm watching 1.6415 closely, a couple of ugly wicks going 1.6414 on friday, and that level was a point of balance the preceding two days.Cable Update (GBPUSD)
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ganymedes replied Jul 16, 2009Earnings from both Google and IBM better than estimates and better than one year ago! Almost makes you think: Crisis..? What crisis? However, stocks can't keep going like this without a breather (at least), so I'm considering a short if I see ...
Cable Update (GBPUSD)
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ganymedes replied Jul 15, 2009Oh, what a mighty short squeeze, last time stocks moved like this was early March. We're up for 1.662 and a test of range highs before the weekend. Happy trading!
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ganymedes replied Jul 13, 2009Yep, will be interesting to see what the Goldman orcs have cooked up this time. Gave me a good laugh, this one, from NYT, via The Big Picture: "... An executive at a rival bank characterized Goldman traders as “orcs,” the warlike creatures of Middle ...
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ganymedes replied Jul 13, 2009Yep, they're working hard to get us all bullish now... I'm putting on a couple of shorts against the markup instead.
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ganymedes replied Jul 13, 2009I'll try a 30 pip 'lottery ticket' here as well: Short @ 1.6204, SL 1.6234.
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ganymedes replied Jul 13, 2009He-he, that didn't work well. Surely the most retarded trade of the month
Wall Street seems a bit fishy today. Yes, Meredith Whitney upgraded Goldman, so what??Cable Update (GBPUSD)
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ganymedes replied Jul 12, 2009Ah, only 3.5 hours of sleep, and she has moved 80 pips. Note to self: Stop sleeping and glue face to quote screen...
Still short biased, but I will not make a move right now, anyway. In 'wait and see' mode until further notice, with an ...Cable Update (GBPUSD)
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ganymedes replied Jul 10, 2009Markets are just fooling around again, "wait and see" mode. Closing out for the weekend, tired of fiddling around. But still, a good day

Cable Update (GBPUSD)