Hi everyone, It's a strange day, movement is not clear, I have in mind 3 things that I could do 1- Play on breaks, either place a buy order @ 1.9815 or sell order @ 1.9760 2- Waiting for cable and see if it could reach a higher price, but fail to ...

Cable Update (GBPUSD)

1.9770 needs a clear break followed by an hourly candle with close lower than 1.9770

Cable Update (GBPUSD)

Hi everyone, If there is a hike to 5.50% GBP/USD might go down like 100 pips, and if there is a cut to 5.00% GBP/USD might go up like 100 pips, what if there is no change for the rate and kept 5.25%, what can be the scenario Note: it is not a must ...

Cable Update (GBPUSD)

Hi patricio, I totally agree with you, this thread is called "Cable update" and I guess it is not called "insult update" or "critisize update"

Cable Update (GBPUSD)

Thanks I already read most of them here, but I was afraid that I could have missed a lousy one

Cable Update (GBPUSD)

Hi cesarnc, Can you re-post at least one of the "told you so" posts here, specially a dancing "told you so" post

Cable Update (GBPUSD)

Prices might fall to reach 1.9845-55, but as I mentioned I won't go for any new order ahead of the FOMC

Cable Update (GBPUSD)

Will close GBP/USD @ 1.9870 if reached, low for today 1.9877, 7 pips to come, and I will not open any new trade now, will watch and see, to catch good price

Cable Update (GBPUSD)

EUR/USD short @ 1.3610 closed @ 1.3530 = +80pips GBP/USD short @ 1.9960 still open with +75 unrealized pips

Cable Update (GBPUSD)

Hi notme32 It's not a must that EUR will jump higher at the opening of the market, it might but not a must, and I still have the feeling that my scenario is the one to happen as shown in my post above, and it is not a must as well

Cable Update (GBPUSD)

Back to 1.3600

Cable Update (GBPUSD)

Sarkozy = 1.3736, I mean EUR jumped to 1.3736

Cable Update (GBPUSD)

Hi everyone, GBP/USD was closed @ 1.9930 EUR/USD was closed @ 1.3593 I have a feeling that the following scenario will happen on Monday GBP/USD will try to break 1.9940 which was the high of Friday and it will aprox reach 1.9950-1.9960, and then ...

Cable Update (GBPUSD)

Cable is glued in the 1.9900-1.9910 in the last couple of hours

Cable Update (GBPUSD)

The daily average pips for cable is about 100 pips a day, and the difference between today's high and low is 90 pips, so at least the high or the low will be broken tommorow, except if it continues to play in a 30-40 pips range. if any is broken ...

Cable Update (GBPUSD)

Regardless of the GJ, when there is a resistance, we can buy a break, i.e. when the price moves upward breaking the resistance, but sometimes, it needs a clear break, and on the other side, if it fails to break it we could sell a failure, i.e. price ...

Daily GBP/JPY analysis

There is a resistance on 238.35 (so buy a break)

Daily GBP/JPY analysis

I don't do hedging, but I guess if I tried to start an opposite trade i.e to go long now as a reverse of my short trade that is still open, I'm sure I will find that the prices for cable won't move either a pip up or down, and it will act as if the ...

Cable Update (GBPUSD)

I mean wishing you happy trade and success, not the same as happened to me today (so as to make myself clear )

Cable Update (GBPUSD)

short Thanks, wishing you the same in your trades

Cable Update (GBPUSD)