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OnlineAddict replied Jun 11, 2014Looks like nothing changed since early asian session...still waiting for a better short entry...the higher it goes, the better. EDIT: 1.6860 still possible, maybe not today, but even if tomorrow...I will short it. Today just a scalp short, maybe.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 10, 2014None of this is valid anymore...I'm staying out of shorting this.
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OnlineAddict replied Jun 10, 2014It is, but why don't you wait for a higher number? Tomorrow is news day...it will spike up before a fall. I think 6782 will be seen before a fall. If the news are not positive.
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OnlineAddict replied Jun 10, 2014I kept the trade at 71, will close it at 88-90. And reload above 3500. I don't think 3500 can break...because that 160 pip spike from there...that was no retail...that was big money long from there. They are probably still long with a higher target, ...
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OnlineAddict replied Jun 10, 2014I think tomorrow will be the last bear day, so if I get into shorts, I will get out tomorrow for sure.
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OnlineAddict replied Jun 10, 2014Looks like one more drop will follow tomorrow, this time, I would like to be on board, with a tight SL, just in case.
I will look into a short on eurusd at 3590 and gbpusd at 6782, 12 pip SL should be enough, because if that broke, its going ...Cable Update (GBPUSD)
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OnlineAddict replied Jun 10, 2014Still waiting for cable to hit 6860 to short it, this is just not high enough for a good 200-300 pip short, I think.
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OnlineAddict replied Jun 10, 2014No, still in the long trade...but euro is so oversold, I wasn't that stressed about the trade...worst case I will close it at 3590, best case I get a spike above 3650.
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OnlineAddict replied Jun 10, 2014Hard to read the PA now...going back to bed.

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OnlineAddict replied Jun 10, 2014Eur looks more and more like a safe short, but for me there is no point to short it with a 20-30 pip target...hoping to get at least 100 out of cable.
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OnlineAddict replied Jun 10, 2014I will wait 30 more minutes...hoping to get a higher spike up. Or a crash down before the news...I will buy anything close to 6760.
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OnlineAddict replied Jun 10, 2014If it doesn't happen now, it should be a safe short from higher. Maybe 3630-50. If cable doesn't hit 6795 before another spike, it should be a safe short, too. 6795 will be hit, now or after.
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OnlineAddict replied Jun 10, 2014SL hit, I'm out at BE. I will wait what happens before the news...I will probably short another spike up.
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OnlineAddict replied Jun 10, 2014Euro looks like it will re-visit down again...maybe break lows before heading higher.
Cable Update (GBPUSD)