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Purple replied Aug 5, 2013Under present circumstances.. The PMI was positive for GBP, NY session will follow through on the bull run in GBP even if ISM is neutral, or till the runup tp ISM..
Cable Update (GBPUSD)
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Purple replied Aug 5, 2013We are going to test late July's high at 1.5430 as it broke 1.5310
Cable Update (GBPUSD)
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Purple replied Aug 5, 2013Retail sales from EURO consisting of 17 or so very different countries clubbed together in a single economic cycle is misleading.. As I said before all these EU countries have very cyclical shopping cycle.. Spain has good retail in tomatino ...
EURUSD
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Purple replied Aug 5, 2013Its never analysed .. different Euro countries have different retail sales depending on season .. if it was Germany retail sales it would have been given more importance IMO..
EURUSD
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Purple replied Aug 5, 2013Tomorrow is RBA Rate Decision.. so we are adjusting positions now.. short limit set at .9000 for tomorrow announcement time.
EURUSD
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Purple replied Aug 2, 2013Hi and welcome to the forums... I agree with your chart.. ever since the FED started move of winding up its Central banks actions, we have seen govts. moving away from precious metals, commodities and starting to invest in US Dollar. We can see ...
EURUSD
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Purple replied Aug 1, 2013The PMI expected from analyst was 52.8 and actual was 54.something. .. and last month's PMI was also revised upward.. it shows 'fundamentally' that UK factories did well in last month.. so people bought GBP. Bank rate was also kept steady, showing ...
Cable Update (GBPUSD)
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Purple replied Aug 1, 2013I have updated my CABLE analysis for those who are interested here: url
Cable Update (GBPUSD)
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Purple replied Aug 1, 2013This is an update to my GBPUSD chart and analysis above. As pointed earlier, falling 200 SMA did proved to be a good resistance and the price have dropped 300 pips below from there since, from the high at around 1.5440 to a low of 1.5125. If anyone ...
Mauve Journal
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Purple replied Jul 31, 2013Ya you are right.. I closed my long bro at .8722 for 120 pips.. needed to free up my capital and dont like the shooting stars forming in EURO near the falling trendline.. will wait for a direction now.. a break of 1.3350 in EURO can give me another ...
Cable Update (GBPUSD)
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Purple replied Jul 31, 2013We are in a mixed zone right now, most prolly it will fail this uptrend if it fails to break 1.34 in next two three days and fall back to level you mentioned.. only a break and close above 1.34 will be a confirmation that a bull trend is established. ...
EURUSD
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Purple replied Jul 31, 2013My EURGBP trade from last week has played out well with risking just 20 pips for 120 pips gain now. url
Cable Update (GBPUSD)
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Purple replied Jul 31, 2013My EURGBP trade from last week has played out well with risking just 20 pips for 120 pips gain now. url
EURUSD
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Purple replied Jul 31, 2013Moving my SL to my EURGBP long from 0.8600 at 50 pips profit to 0.8650. It missed my SL at 0.8580 from 0.00005 pips! EDIT: Closed at +120 pips profit. Risked 20 pips in this trade in all. EURO has been near hit zone of the falling upper trendline in ...
Mauve Journal
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Purple replied Jul 25, 2013Can anyone please tell what's the price of EURGBP right now? I am posting this from my cellphone and can't see the charts..
EURUSD