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OnlineAddict replied Aug 7, 2014All this USD buying because of some bullshit news...might be a trap.
Cable Update (GBPUSD)
- OnlineAddict commented Aug 7, 2014
Looks like a trap to me.
US President Obama authorizes air strikes in Iraq
- OnlineAddict replied Aug 7, 2014
Maybe not time to buy for long-term, but these asian sessions repeat the same pattern most of the time. They break, re-test and set the bottom/top for the rest of the day. Might not be the case this time, but many times it is.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
GU is close to levels, where I'm tempted to buy again. If asians break lows/highs, EU session mostly reverse them, I wouldn't be surprised, if I woke up to 6830 again, even if 6800 won't hold now.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
Daily low is broken...I'm out. EDIT: Fuck, that was lucky...out at 6824, few minutes later it totally crashes below 6810.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
6880 will be important, if we get there...it if breaks, 6910 should be next. image
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
3390-3400, but lets see how high we can close, if we close high, I will move my TP to 3425.
EURUSD
- OnlineAddict replied Aug 7, 2014
We were there already and been rejected many times...I'm only looking for 1.34.
EURUSD
- OnlineAddict replied Aug 7, 2014
He asked me here. I can't quote it into a different thread.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
I think it might try 1.34 tomorrow, I would sell a break. But if I wake up to the price being 1.34 already, before US session, I won't short.
Cable Update (GBPUSD)
- OnlineAddict commented Aug 7, 2014
Its not my view...I know many people who "make" those numbers, I could have been one of them, as it was my major in school, but I decided otherwise. Last thing I need is to work for the EU bureaucrats.
Webcast of the ECB press conference 7 August 2014
- OnlineAddict commented Aug 7, 2014
Looks like we had a low of the day...now lets see if there is some power to break 1.34 tomorrow. Might be a good sell scalp.
Webcast of the ECB press conference 7 August 2014
- OnlineAddict replied Aug 7, 2014
Yes, EU is still a sell, just looking for some pullback or maybe even re-test of the old bull trendline(3567).
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
I don't think so...it had troubles to stay that high on positive news this week. But it will close higher, I agree.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
I will be soon with you, just waiting for the next hour, to see if we don't break lower.
EURUSD
- OnlineAddict replied Aug 7, 2014
Not that risky, since the SL area is well defined. But it looks tricky...current H4 is brutally bearish, deaily, too, but day didn't close yet. It might be the higher low thats needed to break 1.34, but who knows, daily close will tell more. ...
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
High for this week's range, I meant. Probably between 6850-65.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 7, 2014
Looks like Cable will go high today, after eur finished its bear move for the day.
Cable Update (GBPUSD)